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Quiet Day near 82USD Awaits Rupee

MUMBAI, April 19 Reuters The Indian rupee is expected largely unchanged to the U.S. dollar on Wednesday following rangebound Asian peers and more hawkish comments from Federal Reserve officials. Nondeliverable forwards indicate the rupee will open at around 82.0282.08 to the U.S. dollar, compared with 82.04 in the previous session. Asian currencies and the dollar […]
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Gold Slips on Firmer Dollar, Fed Rate Outlook

Markets pricing in 25bp rate hike by Fed in May Gold might retest support at 1,991 technicals Britain39;s March CPI falls less than expected April 19 Reuters Gold prices fell on Wednesday as the U.S. dollar regained some ground, while investors assessed the chances of the Federal Reserve raising interest rates just once more in […]
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GBP Firms on British Inflation Data, USD Stronger Elsewhere

TOKYO, April 19 Reuters Data showing British inflation stayed above 10 in March meant the pound climbed against the dollar while other currencies dipped, with the greenback underpinned by a tickup in U.S. yields. Sterling was last 0.25 higher at 1.2454, heading back to last week39;s 10month high, after data showed British consumer price inflation […]
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European Shares Fall ahead of March Inflation Data

STOXX index falls 0.2 UK March inflation falls to 10.1 Euro zone inflation data due at 0900 GMT Heineken up on 2023 profit outlook April 19 Reuters European shares fell on Wednesday, as investors scrutinised stillhot UK inflation and corporate earnings, while awaiting euro zone March inflation data for more clues on the European Central […]
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India Boosts Ericssons Quarterly Profit as US Dials Down

STOCKHOLM, April 18 Reuters Sweden39;s Ericsson on Tuesday reported firstquarter core earnings that beat expectations, supported by stronger sales of 5G equipment in countries such as India, but sales in more established markets fell and eroded margins. The company has cut costs to mitigate lower spending by telecom operator customers in several regions and expects the […]
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Indian Taxi Startup BluSmart Picks EV Fight with Uber

Indian startup BluSmart poses challenge to Uber, Ola India ridehailing market crucial for Uber Uber slowly adding EVs, targets 25,000 cars in India Many Uber, Ola drivers have joined Indian startup for better pay NEW DELHI, April 19 Reuters Indian ridehailing startup BluSmart is seeking to challenge Uber and Ola for market share in the […]
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CATL Unveils Condensed Matter Battery to Power Civil Aircraft

SHANGHAI, April 19 Reuters Chinese battery giant CATL on Wednesday unveiled a condensed matter battery that it said could supply enough energy to power electric passenger aircraft for civil aviation use. The battery, a type of semisolid state product with condensed electrolyte and new anode and separator materials, will have an energy density of 500 Watt […]
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