BUSINESS

Malaysia's commodities ministry has proposed cutting the export tax on palm oil by as much as half to help fill a global edible oil shortage and grow the market share of the world's second-largest palm oil producer.

Sony logs record full-year sales but keeps forecast cautious

TerraUSD, one of the world's largest stablecoins, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time in 10 months.

Agriculture and pharmaceuticals company Bayer reported quarterly adjusted earnings rose a better-than-expected 27.5% on strong gains at its seeds and pesticides business.

Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop.

French carmaker Renault said on Tuesday it was targeting a double-digit margin for its new Mobilize brand built around new mobility and data solutions, which should represent 20% of Renault's overall group turnover by 2030.

Son of late Philippine dictator wins presidency in landslide

Shoot-on-sight orders in Sri Lanka after deadly violence

Global stocks end mostly up as demand worries weigh on oil prices

Commodity currencies Norwegian crown and the Australian dollar recovered some ground on Tuesday after hitting their lowest levels in nearly two years against the U.S.

The Norwegian crown and the Australian dollar recovered some ground on Tuesday after hitting their lowest levels in nearly two years against the U.S.

The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a two-decade high ahead of a key reading on inflation that could provide insight on the path of Federal Reserve monetary policy.

Falling commodity prices dragged the Australian and Canadian currencies lower on Tuesday, although the dollar was steady against most other majors while bitcoin continued to tumble.

The Australian dollar hit its lowest level in nearly two years against the dollar on Tuesday and other commodity currencies also fell, hurt by fears of slowing global economic growth.

The dollar rose on Tuesday, after fluctuating between modest gains and declines earlier in the session as it held near a two-decade high ahead of a key reading on inflation that could provide clues on the Federal Reserve's monetary policy path.

Bitcoin falls below $30,000, lowest since July 2021

Being an effective head of household requires covering all the basis of the family affairs.

Warhol portrait of Marilyn Monroe fetches record $195 mn: Christie's

Match Group takes Google app store war to court in US

Asian shares fell to their lowest in nearly two years on Tuesday, as investors fretted about the toxic cocktail of rising interest rates and lower economic growth.

A top proxy advisor recommended Halliburton's shareholders should vote against its executive compensation plan, the oilfield services provider said on Monday in a filing.

Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.

China's Geely Automobile will buy just over a third of Renault's Korea unit for roughly $200 million, potentially helping it boost U.S.

Settlement curbs firm's facial recognition database in US

Popular gay dating app Grindr LLC has agreed to go public through a blank-check firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the U.S.

Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction.

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday.

Ecuador prison riot leaves 44 dead, 108 on the run

Walt Disney Co's streaming TV business will face scrutiny on Wednesday from investors who are re-evaluating the media industry's aggressive shift from cable television to online video subscriptions.