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Oil prices rose more than 1% on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last week in crude oil inventories in the U.S., the world's biggest fuel consumer.Brent crude futures for October rose 92 cents, or 1.1%, to $85.83 a barrel by 0001 GMT, while U.S. West Texas Intermediate crude climbed 84 cents, or 1.03%, to $82.21 a barrel. Both benchmarks settled lower on Tuesday, breaking a three day streak of gains.

Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. The world's most valuable firm will wrap up Big Tech earnings on Thursday, with a likely 1.6% drop in total quarterly revenue, according to Refinitiv — its steepest drop in third-quarter revenue since 2016.IPhone sales likely fell more than 2% in the period, according to 24 analysts polled by Visible Alpha, compared with a near 3% increase a year earlier and a 1.5% rise in the quarter ended March.

Robyn Grew (pictured) is the incoming CEO at Man Group.

India's Godrej Agrovet Ltd reported a 27.3% rise in first-quarter profit on Tuesday, aided by lower costs and growth in its animal feed and crop protection businesses. The company's consolidated net profit rose to 1.05 billion rupees ($12.8 million) in April-June, from 827.1 million rupees a year ago. The easing in retail food inflation in the quarter and demand recovery in the agriculture sector aided profitability as raw material costs cooled off.

Havells India Ltd. traded 0.63 per cent lower in Tuesday's session at 01:03PM (IST).

Mint. Chawla told Mint that they are monitoring the situation on the ground as there should not be misuse of antibiotics. Similar, advisory is being issued by the drug controller of the other states/UTs like UP, Haryana, Maharastra keeping the outbreak situation within their jurisdiction.

Greece’s prime minister says his country wants to take full advantage of a developing positive climate with neighboring Turkey in order to improve bilateral relations despite a string of decades-old disputes

Meta CEO Mark Zuckerberg acknowledged that Threads, the company's recently launched social media platform, has experienced a significant drop in users, losing more than half of its initial sign-ups. Despite achieving a remarkable milestone of registering 100 million users within just five days of its release, the app's retention rate has been lower than anticipated.

The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.

NTPC Ltd reported a 9.4% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 4,066 crore. Revenue from operations, however, declined 2.3% YoY to Rs 39,122.25 crore. Total expenses for the quarter was Rs 33,528.14 crore, compared to Rs 35,598.4 crore a year ago.

Sony has rolled out a substantial price cut for its highly sought-after PlayStation 5 console in several countries, including the UK, Ireland and Germany. The company aims to make the gaming experience more accessible to enthusiasts, with a markdown of approximately 16 per cent on the standard PS5 model. In the UK, gamers can now get their hands on the PS5 for £399.99, down from its regular price of £479.99. Notably, it was launched at £449.99. The promotional offer is available immediately in the UK and will run until August 10. Germany is also partaking in the price drop, with a discount of €75 on the PS5. Amazon Germany, in particular, is offering an even more attractive price of €459.99, significantly below the regular €549.99 pricing, until August 7. It extends to Ireland and Austria, where consumers can save €75. The timing of these price drop promotions coincides with Sony's announcement of a major milestone. The company has successfully sold 40 million PS5 units since the console's initial launch in 2020. This surge in sales can be attributed to the increased shipments in the current year. Sony revealed that it tripled the number of consoles shipped from January to March, reaching 6.3 million units as opposed to 2 million during the same period the previous year.

Laurentian Bank of Canada shares tumbled as much as nine per cent on a report that Bank of Nova Scotia and Toronto-Dominion Bank dropped out of the running to acquire the Montreal-based lender.

Rail Vikas Nigam (RVNL) dropped 4% to Rs 121 on the NSE on Friday as the Offer For Sale (OFS) for retail investors opened for subscription. The sharp fall in RVNL shares was accompanied by strong volumes as nearly 3 crore shares changed hands on the exchanges around 10:30 am. The government has decided to exercise the green shoe option, where it will sell an additional 1.96% stake.

Wipro, Tech Mahindra and Infosys - lost employees in the quarter ended June 2023. Tata Consultancy Services meanwhile saw a net addition of 523 employees during the same period. Infosys saw its attrition rate improve to stand at 17.3% at the end of June even as the company lost nearly 7,000 employees.

Federal prosecutors dropped a campaign finance charge against indicted crypto executive and FTX founder Sam Bankman-Fried late on Wednesday, the second time that they've been forced to forgo criminal allegations against the alleged fraudster.

Godrej Consumer Products Ltd. traded 0.77 per cent lower in Thursday's session at 01:45PM (IST).

Shriram Finance Ltd. traded 0.08 per cent lower in Thursday's session at 01:24PM (IST).

The stock quoted a 52-week high of Rs 101.44 and a 52-week low of 65.2. About 387,309 shares changed hands on the counter so far.

Investing.com — U.S. crude inventories fell by just a quarter of expected levels last week, government data showed on Wednesday, despite an end to supply injections from the national reserve, which oil bulls typically blamed for poor market optics. 

Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry.

InterGlobe Aviation Ltd. traded at Rs 2540.85 on BSE at 01:24PM (IST) on Wednesday, down 1.66 per cent. The stock quoted a 52-week low price of Rs 1676.0 and a high of Rs 2745.95.