Page 634 - Bloomberg

Global rebound euphoria tests central bankers' nerves on economic risk

Central banks bear some responsibility for financial-market fervor after huge doses of stimulus and liquidity injections to keep economies afloat

US says it's ramping up research on Covid variant first found in India

The B.1.617 variant that has devastated India was first detected in the US between late February and late March.

Glaxo gets ready for next pandemic after hiccups in Covid vaccine

Pharma giant is talking with the UK and other governments about building facilities to bring vaccine development onshore before the next crisis.

Covid-19 vaccines are all highly protective against death, study shows

Efficacy against Covid-linked disease averaged about 85% after a full course, say University of Florida researchers.

Bitcoin rises after Musk supports crypto in battle against fiat currencies

Bitcoin rose after Musk's post to trade at around $38,150 as of 12:27 p.m. London time

Covid-19: How long do vaccine protections last? Science can't say for sure

The gap in knowledge and testing raises the prospect of heightened anxiety in the coming months for vaccine recipients wondering if they're still protected

Covid-19: London Heathrow to open separate terminal for high-risk arrivals

A dedicated facility for flights from countries with high levels of Covid-19 infection will open in Heathrow's Terminal 3 from June 1, the airport said in a statement Friday

SoftBank's first female director to leave after challenging Masayoshi Son

Yuko Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday

Pakistan plans to raise $500 million from first green bond sale

Pakistan Water and Power Development Authority, known as Wapda, is looking to sell a 10-year note this month, and intends to offer more environmentally-friendly debt over the next two years

IMF backs $50-bn plan to help world escape coronavirus crisis in 2022

That investment would fund an ambitious effort to immunize at least 40% of the global population by the end of this year and 60% or more by the first half of 2022, the IMF said

Musk thinks Tesla is close to establishing a local presence in Russia

Russia would be a surprise choice for a Tesla factory location anytime soon.

Crypto limps to weekend after hammer blows from Musk, china, and tax

Despite downside risks and this week's volatility -- which saw Bitcoin slide about 31 per cent and jump roughly the same percentage on Wednesday -- crypto bulls are undaunted

Superyacht is at the heart of talks to settle London's biggest divorce case

Luna is the largest and most expensive single asset held by companies linked to oil and gas tycoon Farkhad Akhmedov.

Cases of Covid variant from India more than double in a week in UK

Public Health officials said that they have now detected 3,424 cases of the variant which is up from 1,313 last week, and 520 a week earlier.

Oyo Hotels seeks to raise $600 mn loan, offers generous terms to investors

Oyo's loan also features maintenance covenants, which are usually only included for companies that are considered risky by investors.

Toothpaste firm's numbers show India Inc profits won't survive costs, Covid

Consumers won't stop brushing their teeth, but they will look for cheaper ways to do so.

Delaying second dose eases pressure on world's vaccine-starved places

A delay in the second shot not only allows the existing supply of shots to be more widely distributed, it boosts their protective power by giving the immune system more time to respond to the

UBS, Nomura Holdings fined $452 million as EU cracks down on bond cartel

UBS says impact could be $100 mn on quarter; may appeal

Iran's President Hassan Rouhani says deal reached to remove most sanctions

Oil, banking, shipping and insurance sanctions will be lifted

Federal Reserve officials signal open to taper talk at 'upcoming meetings'

US Treasuries declined on heavy futures volumes after the minutes were published