Bank of Baroda shares dip amid RBI directive on customer onboarding suspension

India’s second-largest public sector bank, Bank of Baroda (BoB), saw nearly a 4% drop in its share price on Wednesday,…

ExxonMobil to buy Pioneer for $60 billion in all-stock deal – reports

Exxon Mobil (NYSE:XOM) is expected to announce its acquisition of U.S. rival Pioneer Natural Resources (NYSE:PXD) for approximately $60 billion,…

Exclusive-India regulator probing ties between Adani Group and Gulf Asia fund, say sources

(Reuters) – India’s market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British…

Oil bobs in the green, awaiting US stockpiles data and other catalysts

Crude prices were back in the positive in Wednesday’s Asian session, trading a few cents above the lower close of…

Analysis-China saves billions of dollars from record sanctioned oil imports

(Reuters) – China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under…

Argentina’s beleaguered peso sinks to new low as election looms

(Reuters) – The free-fall of Argentina’s troubled peso showed no signs of slowing on Tuesday, with the local currency surpassing…

Asia stocks hit 2-week high as Fed talk turns dovish

(Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from…

IMF: Sri Lanka’s talks with creditors ongoing, unaware of specific deals

(Reuters) – Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been…

ECB has long road on disinflation but in a good place now: Knot

(Reuters) – The European Central Bank has made “important progress” in getting inflation back down to target but there is…

Biden administration takes aim at junk fees with new proposed rule, guidance

(Reuters) – The Biden administration took another shot at unpopular junk fees on Wednesday with a proposed rule that would…