Indian shares end higher for third straight day; Infosys top boost

BENGALURU (Reuters) – Indian shares notched their third straight session of gains on Wednesday, lifted by Infosys and other heavyweight information technology names, while auto stocks snapped a losing streak.A broker trades on his computer terminal at a stock brokerage firm in Mumbai, January 20, 2016. REUTERS/Shailesh Andrade/FilesThe blue-chip NSE Nifty 50 index added 0.51% to close at 15,174.80, while […]

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Swedish battery maker Northvolt buys U.S. startup Cuberg

FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha VaishSTOCKHOLM (Reuters) – Swedish lithium-ion battery maker Northvolt said on Wednesday it had bought U.S. startup Cuberg to get access to technology that would boost the range of electric vehicles that can use its batteries. Cuberg, spun out of Stanford University in 2015, […]

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Oil steady before U.S. inventories EIA data

LONDON (Reuters) – Oil prices were steady on Wednesday, supported by an OECD forecast for the global economic recovery and by OPEC+ output curbs, but held in check by rising U.S. inventories.FILE PHOTO: The sun sets behind the chimneys of the Total Grandpuits oil refinery, southeast of Paris, France, March 1, 2021. REUTERS/Christian HartmannBrent crude fell 2 cents, or less […]

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EU, UK in fresh skirmish over vaccines as new ties sour

BRUSSELS (Reuters) – A senior EU diplomat in London was summoned to a meeting at the British foreign ministry on Wednesday as the two sides traded barbs over COVID-19 vaccines, the latest in a series of disputes that bode ill for post-Brexit cooperation.Slideshow ( 2 images )The fresh diplomatic spat comes after European Council President Charles Michel, in rejecting broad […]

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Saudi Arabia's PIF signs $15 billion loan

DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving credit facility with a group of 17 banks, which it said gives it access to extra capital that can be deployed quickly when needed. Reuters reported last month that PIF could raise between $13 billion and $15 […]

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JPMorgan launches 'crypto exposure basket' featuring MicroStrategy as Wall Street interest in bitcoin grows

JPMorgan’s new product will give buyers exposure to big bitcoin players like MicroStrategy and Square. It is a sign of growing interest in cryptocurrencies on Wall Street, with BlackRock and Goldman also moving in. JPMorgan’s product will also provide exposure to Riot Blockchain, Nvidia and PayPal. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. JPMorgan […]

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EU responds to UK summons after fresh vaccine skirmish

Slideshow ( 2 images )BRUSSELS (Reuters) – The European Union responded on Wednesday to a summons from Britain in a dispute over accusations of vaccine nationalism, the latest in a series of skirmishes between the bloc and its former member since it left the EU. The EU would send charge d’affaires Nicole Mannion, effectively the EU deputy ambassador to Britain, […]

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