Page 60 - Eco News Today

Indian shares advanced on Tuesday, with the broader midcap index hitting a fresh record on improved sentiment after data showed domestic retail inflation cooled in May.

U.S. House Speaker Kevin McCarthy said on Sunday he hoped to get back on the right track after a conservative revolt paralyzed the Republican Party's efforts to advance its agenda in Washington.

The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve's where it will announce its rates decision.

Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and rising Russian crude supply weighed on the market.

British Prime Minister Rishi Sunak said on Monday he had rejected a plea from Boris Johnson to overrule an independent body and allow some of the former leader's allies to join parliament's upper chamber because he didn't think it was right.

A look at the day ahead in European and global markets from Ankur Banerjee

The Indian finance ministry officials will meet credit rating agency Moody's Investors Service on June 16 and pitch for a sovereign rating upgrade, two government sources told Reuters.

China's assistant foreign minister summoned South Korea's Ambassador to China on Saturday to issue a complaint over Seoul's criticism of recent comments made by China's envoy in South Korea, China's foreign ministry said on Sunday.

The free trade deal being negotiated between China and the Saudi Arabia-dominated Gulf Cooperation Council needs to protect emerging Gulf industries, the Saudi investment minister said on Sunday, adding he hoped it would be finalised soon.

Four local Tucson kids created their own composting business, making the world greener one bucket at a time.