Page 657 - Bloomberg

'Entire families' wiped out, anger grows as Covid-19 engulfs rural India

In Basi, about 1.5 hours from the capital New Delhi, about three-quarters of the village's 5,400 people are sick and more than 30 have died in the past three weeks.

Amazon in talks to buy movie studio MGM for about $9 billion:Report

MGM would help bolster Amazon's Prime streaming service, the Information and Variety said in reports. Amazon is weeks into negotiations to buy studio for about $9 billion, according to Variety.

Covid-19: The world economy is suddenly running low on everything

Surging corporate demand is upending global supply chains

Microsoft conducted probe on Bill Gates' involvement with employee

The board reviewed the matter and held a "thorough investigation" with the help of an external law firm, the software giant said

Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake

The drama started on Sunday after Musk sent a tweet that raised questions about whether Tesla might have already sold its stake

Scientists agree Covid is airborne, want overhaul of ventilation systems

Researchers demand universal recognition that infections can be prevented by improving such systems.

Gojek to merge with Tokopedia to create $18-bn Indonesia tech giant

The combined entity may seek to go public.

AT&T to create a streaming giant with Discovery by merging media assets

Discovery shares jumped 16% in premarket trading. AT&T shares rose 1.4%.

Sanofi, Glaxo covid vaccine works well in mid-stage study, shot on track

Volunteers showed a similar antibody response to people who have recovered from the coronavirus, the companies said in a statement Monday.

China vaccinating almost 14 million people a day, fastest in world

The ramp up in shots is being helped by a flareup of cases in the eastern province of Anhui and northeastern region of Liaoning.

Post-Covid offices emphasise on empathy, wellness to get workers back

Paperspace Asia, a Southeast Asian firm that connects designers, lighting consultants and sound engineers with companies grappling with one of the biggest global post-Covid labor market challenge

India's states under pressure to cut budgets, sell assets for vaccination

States will have to foot about $5 billion in vaccination costs after the centre suddenly made them responsible for inoculating most adults.

Microsoft board probed Gates in 2000 for relationship with employee: Report

The software giant had received a concern in 2019 that that Gates had tried to have an "intimate" relationship with an employee in 2000, Dow Jones cited a Microsoft spokesman as saying.

Iran gears up for return to global oil market as US talks advance

US and Iranian diplomats, currently negotiating via intermediary governments in Vienna, have signaled that an agreement is within reach

Rishi Sunak isn't sold on US President Joe Biden's global business tax plan

Britain wants the US and other nations to focus instead on measures to make big MNCs, such as Amazon, pay more of their tax in countries where they operate

George Soros bought up stocks linked to Bill Hwang's Archegos implosion

A person familiar with the fund's trading said the company didn't hold the shares prior to Archegos's implosion

Adani Green in advanced talks for SoftBank-backed SB Energy: Report

A deal could value SB Energy, owned by SoftBank Group Corp. and Bharti Enterprises Ltd., at more than $650 million

India's Oil demand shrinks further as coronavirus crisis persists

The plunge in consumption at the world's third-biggest crude consumer will weigh on sentiment on oil prices and damp expectations for a strong global demand rebound in the summer

Covid-19 has killed over 1,000 bank employees in India, says union

Banking sector is slotted as an essential service and partially exempt from the lockdown orders, allowing some to call as much as 50% of their workforce in bank branches to avoid any disruption.

US has no Covid-19 vaccine stockpile ready to be shipped to India

Most unused doses are scattered across the US; gathering and sending them out would be unmanageable.