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Indian retail inflation eased in July after holding above 6% for two months in a row, helped by improving supplies following the lifting of pandemic restrictions, and the government said it would take all necessary steps to contain rising prices.
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British supermarket Morrisons has agreed an improved takeover offer worth 6.7 billion pounds ($9.3 billion) from a consortium led by Fortress Investment Group, but wants a rival private equity suitor to be given more time to make a counter bid.
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India's fuel demand slumped in May to its lowest since August last year with a second COVID-19 wave stalling mobility and muting economic activity in the world's third largest oil consumer.
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Britain's competition watchdog on Wednesday approved Norway's Adevinta's (ADEV.OL) planned acquisition of U.S. e-commerce group eBay's (EBAY.O) classified ads business.
Brazil's economy expanded by 1.2% in the first quarter, data showed on Tuesday, a faster rise than economists had expected, as rebounding services and investments took Latin America's largest economy to its pre-pandemic size at the end of 2019.