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Ericsson's operating profit down in Q2 results

Finland's Nokia cut its annual outlook on Friday and Swedish rival Ericsson delivered second-quarter results slightly above expectations, as a slowdown in consumer spending hit sales of telecom gear. ....

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Oil markets set to tighten, economic headwinds to hit growth, IEA says

Oil demand is set to hit a record high this year and the market is tightening but economic headwinds and interest rate hikes have deflated growth expectations slightly, the International Energy Agency (IEA) said on Thursday. ....

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Many India ministers view online gaming as 'social evil', senior official says

Many Indian ministers view bets on online gaming platforms as a "social evil", and the government believes a social as well as economic purpose will be served if revenues fall due to a new 28% tax, the revenue secretary said on Thursday. ....

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