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Indian Shares End Down as IT, Derivatives Expiry Weigh

BENGALURU, Aug 25 Reuters Indian shares reversed course to close lower on Thursday, dragged down by tech and the expiry of monthly derivative contracts, while investors waited for clues on future rate hikes in the U.S. from a key central bank event. The NSE Nifty 50 index was 0.47 lower at 17,522.45, after rising as much […]
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Euro Zone Yields Close to their MultiWeek Highs

Aug 25 Reuters Euro zone government bond yields were lower but not far from multiweek highs on Thursday after the European Central Bank39;s July meeting minutes. ECB policymakers appeared increasingly concerned that high inflation is getting entrenched and the risk was large enough to warrant a biggerthanflagged rate hike.  ECB minutes did not trigger any […]
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Major Gulf Markets Track Oil, Asian Shares Higher

Aug 25 Reuters Major stock markets in the Gulf rose in early trade on Thursday, tracking gains in oil prices and Asian shares, with the Dubai index outperforming the region buoyed by Emaar Properties. MSCI39;s broadest index of AsiaPacific shares outside Japan edged up 0.7, with investors awaiting the U.S. Federal Reserve39;s annual Jackson Hole conference […]
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Amazon Signs Green Hydrogen Supply Deal with Plug Power

Aug 25 Reuters Hydrogen fuel cell maker Plug Power Inc has signed a deal with Amazon.com Inc to supply liquid green hydrogen, the companies said on Thursday. Green hydrogen is often touted as the future of energy, as the flexible and zeroemission fuel can be used for transportation and electricity generation. Amazon said Plug Power will supply […]
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CRH Expects 10 Profit Rise after DoubleDigit Price Rises

DUBLIN, Aug 25 Reuters CRH expects full year earnings to grow by 10 on a likeforlike basis, the world39;s secondlargest building materials supplier said on Thursday, after increasing prices by doubledigit percentages in the first half. The Irish firm reported a 13 rise in firsthalf core earnings to 2.2 billion and that it expected that […]
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Australian BNPL firm Zip Loss Widens as Inflation Chokes

Aug 25 Reuters Australian buynowpaylater BNPL firm Zip Co Ltd posted a wider annual loss on Thursday, signalling lacklustre outlook for fintech firms in the wake of soaring inflation. BNPL operators, particularly, have seen their valuations collapse in recent times as reduced customer spending and rising interest rates have squeezed their margins and pushed the firms39; […]
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