Notizia

Gold fell on Thursday, dragging other precious metals along, as the dollar scaled a fresh two-decade on renewed expectations the Federal Reserve would stick to its aggressive rate-hike roadmap.

NEW DELHI (Reuters) -Rising food and energy prices pushed India's annual retail inflation up towards an eight-year high in April, strengthening economists' view that the central bank would have to raise interest rates more aggressively to curb prices.

A tycoon and close associate of outgoing Philippines President Rodrigo Duterte is considering selling businesses collectively worth several billion dollars, including a South China Sea gas field and a commercial land lease firm at the site of a former U.S. military base, two sources familiar with the matter said on Thursday.

Shares of Beyond Meat slumped 28% and were on track to open below their initial public offering price for the first time on Thursday as investors fretted over the vegan meat maker's rising costs to battle increased competition.

BEIJING (Reuters) -China will not hesitate to introduce new policies to prop up growth, a senior Communist Party official said on Thursday, as the economy feels the pinch of protracted COVID-19 lockdowns.

Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control over its pipeline system, the head of operator GTSOU told Reuters on Thursday.

Chainalysis, the New York-based blockchain data platform company, said on Thursday it had raised $170 million of new funding, bringing its valuation to $8.6 billion.

Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi Corp in February as part of an investigation into alleged tax evasion, according to two sources and a court filing reviewed by Reuters.

Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears mounted that fast-rising inflation will drive interest rates higher and bring the global economy to a standstill.