Live Breaking News & Updates on Drv

Stay informed with the latest breaking news from Drv on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Drv and stay connected to the pulse of your community

Wall St rises after jobs data; debt default averted

U.S. stock indexes rose on Friday after jobs data showed a moderation in wage growth, boosting bets that the Federal Reserve will skip hiking rates this month, while investors cheered the country averting a catastrophic debt default.

China , New-york , United-states , Bengaluru , Karnataka , India , Shreyashi-sanyal , Maju-samuel , Nivedita-bhattacharjee , Network-corp , Thomson-reuters-trust-principles , Verizon-communications

US oil rig count falls by most since September 2021 -Baker Hughes

U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a row, energy services firm Baker Hughes Co said in its closely followed report on Friday.

Louisiana , United-states , Texas , Arkansas , Haynesville , Reuters , Baker-hughes , Exxon-mobil-corp , Thomson-reuters-trust-principles , Chesapeake-energy-corp , Baker-hughes-co

Oil rises on potential U.S. rate hike pause, debt bill passing

Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the debt ceiling bill passing a crucial vote renewed optimism about further fuel demand growth in the world's biggest oil consumer.

Beijing , China , Texas , United-states , Russia , Chinese , American , Tina-teng , Christian-schmollinger , Arathy-somasekhar , Sonali-paul , Organization-of-the-petroleum-exporting-countries

Financials, metals drag Indian shares on weak global cues

Indian shares fell on Wednesday after hitting five-month highs for three sessions in a row, as caution set in ahead of the U.S. Congress's approval of the debt deal and fresh concerns about China's stuttering economic recovery weighed on the sentiment.

Bengaluru , Karnataka , India , China , Mazagon , Maharashtra , Bharath-rajeswaran , Shrikant-chouhan , Janane-venkatraman , Dhanya-ann-thoppil , Nivedita-bhattacharjee , Reuters

Turkish lira 1-yr implied volatility gauge hits highest in at least 15 years

Turkish lira implied volatility gauges climbed on Wednesday with the one-year measure rising to 45.46% - its highest in at least a decade and a half, data from Fenics showed.

London , City-of , United-kingdom , Turkey , Turkish , Karin-strohecker , Tayyip-erdogan , Thomson-reuters-trust-principles , Reuters , President-tayyip-erdogan , Thomson-reuters-trust , Dbt

UK regulator makes 'final call' to switch off Libor

Markets participants have a month to stop using Libor, the tarnished interest rate banks were fined for trying to rig, Britain's Financial Conduct Authority (FCA) said on Wednesday.

United-kingdom , London , City-of , Britain , Mark-potter , Britain-financial-conduct-authority , Federal-reserve , Reuters , Thomson-reuters-trust-principles , Financial-conduct-authority , London-interbank-offered-rate , Huw-jones-editing

Column: Funds avoid transition to bear territory in CBOT soybeans

Speculators nearly abandoned bullish bets in Chicago soybeans last week as global supplies are seen sufficiently building over the next year, but a short-covering bounce mid-week prevented an official move to the bearish side.

Chicago , Illinois , United-states , Naperville , Andrea-ricci , Karen-braun , Reuters , Thomson-reuters-trust-principles , Corn-belt , Thomson-reuters-trust , Reuters-news , Trust-principles

US markets jump on high hopes of debt ceiling lift off

Wall Street was tipped for a strong open on Tuesday, while the cost of insuring against a U.S. debt default fell and the safe-haven dollar weakened in a sign of broad optimism across markets that a U.S. debt ceiling crisis might be averted.

Texas , United-states , London , City-of , United-kingdom , Antoine-bouvet , Harry-roberston , Dhara-ranasinghe , Sharon-singleton , Florian-ielpo , Nell-mackenzie , Reuters

Asian shares, US futures rise on debt ceiling deal

S&P 500 futures rose in early trade while Nasdaq futures firmed. Nikkei surged to a fresh 33-year high.

Texas , United-states , Turkey , Australia , Sydney , New-south-wales , Aussie , Kevin-mccarthy , Tayyip-erdogan , Joe-biden , Shri-navaratnam , Thomson-reuters-trust-principles

Indian shares may open higher on US debt ceiling deal

Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a weekend debt ceiling deal in the U.S. added heft

Co-canada , Andhra-pradesh , India , Singapore , Bengaluru , Karnataka , Bharat , Kevin-mccarthy , Dhanya-ann-thoppil , Joe-biden , Sonia-cheema , Bharath-rajeswaran