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China all set to eclipse US as world's biggest oil refiner by 2021: IEA
The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest of Asia
 "China all set to eclipse US as world's biggest oil refiner by 2021: IEA")
Not ready yet to recognise Biden as US President, says Vladimir Putin
Relations between the 2 nations already ruined; nothing to be damaged, he said
 "Not ready yet to recognise Biden as US President, says Vladimir Putin")
India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan
The Astra vaccine costs a fraction of the price set by Pfizer; it should be easier to deploy far and wide than other shots.
 "India to Brazil, Astra-Oxford vaccine is key to many nations' Covid plan")
Regeneron, given to Trump, gets emergency US clearance for Covid-19 therapy
Trial findings released by Regeneron in October showed the drug may help treat patients outside the hospital.
 "Regeneron, given to Trump, gets emergency US clearance for Covid-19 therapy")
Rural America beset with chronic poverty struggles to deal with Covid-19
To some extent, resistance to wearing masks and social-distancing has played a role in these outbreaks
 "Rural America beset with chronic poverty struggles to deal with Covid-19")
2 more defeats, a case withdrawn; Trump's fight to keep presidency narrows
A judge in Arizona tossed a Republican suit seeking a fresh audit of the vote in pivotal Maricopa County, which largely delivered that state to Biden
 "2 more defeats, a case withdrawn; Trump's fight to keep presidency narrows")
Amazon and other major retailers to postpone Black Friday in France
Amazon and traditional retailers, including Galeries Lafayette department stores, agreed to postpone the shopping holiday from Nov. 27 to Dec. 4
 "Amazon and other major retailers to postpone Black Friday in France")
Jeff Bezos hands $684 mn of Amazon stock to nonprofits from his foundation
The Amazon founder has given away stock worth $856 million this year, which estimates his fortune at $183.6 billion
 "Jeff Bezos hands $684 mn of Amazon stock to nonprofits from his foundation")
Tesla S&P 500 debut may spark $8 bn demand, say Goldman Sachs analysts
As Tesla's market value burgeons, the Palo Alto-based firm is also winning over some long-term skeptics
 "Tesla S&P 500 debut may spark $8 bn demand, say Goldman Sachs analysts")
WHO advises doctors against using Gilead's remdesivir for treating Covid-19
The recommendation is a blow to Gilead's drug, which was one of the first thought to offer a meaningful benefit to coronavirus patients after a study showed it reduced their recovery time
 "WHO advises doctors against using Gilead's remdesivir for treating Covid-19")
Most Nifty firms trading above 200-day moving average, shows data
According to Bloomberg data, about 86 per cent of the Nifty components are currently trading above their 200-day moving average (DMA) - a key technical indicator to study long-term trend of a stock
 "Most Nifty firms trading above 200-day moving average, shows data")
Gold set for longest slump since March with ETF assets slipping
"We see downside risks building for gold's price," analysts from Morgan Stanley said in a note, citing higher yields next year in addition to Covid-19 vaccines
 "Gold set for longest slump since March with ETF assets slipping")
JPMorgan sees US economy contracting next year as Covid-19 surge hits biz
The world's largest economy is expected to shrink at a 1% annualized pace in the January-to-March period, JPMorgan said in its 2021 U.S. outlook issued Friday
 "JPMorgan sees US economy contracting next year as Covid-19 surge hits biz")
EU could give conditional nod to Moderna vaccine as early as December
The extraordinary results have sparked euphoria as the unprecedented compression of vaccine development timelines from years to months looks to be paying off
 "EU could give conditional nod to Moderna vaccine as early as December")
Questionable testing may be the reason India's Covid-19 numbers are down
Rather than showing India is gaining control over Covid-19, the slowing momentum may largely reflect spotty testing levels and a heavy reliance on questionable kits
 "Questionable testing may be the reason India's Covid-19 numbers are down")
South Korea set to crack down on chaebols that made it an export powerhouse
South Korea is pushing for its most significant reform of corporate governance since President Moon Jae-in took office, a move that could add transparency to top decision-making at large conglomerates
 "South Korea set to crack down on chaebols that made it an export powerhouse")
US may impose tariffs on India, Italy for taxing internet firms like Google
The US will soon issue results of probes into Austria, Italy and India's decisions to tax local revenue of Internet companies such as Facebook Inc., which could pave the way for retaliatory tariffs
 "US may impose tariffs on India, Italy for taxing internet firms like Google")
Apple defends delay of privacy feature, slams Facebook over ad practices
Apple's letter defended the company's decision to delay an iPhone feature that requires users to give explicit permission before letting apps track them for advertising purposes
Apple defends delay of privacy feature, slams Facebook over ad practices
Apple's letter defended the company's decision to delay an iPhone feature that requires users to give explicit permission before letting apps track them for advertising purposes
 "Apple defends delay of privacy feature, slams Facebook over ad practices")
China goes ahead with hydrogen-powered cars, defying Elon Musk's warnings
In a 15-year plan for new-energy vehicles released on Nov. 2, China's State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses
 "China goes ahead with hydrogen-powered cars, defying Elon Musk's warnings")