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Didn't push for cuts in Covid-19 relief package, says Janet Yellen

The book, "Empathy Economics" by veteran Washington journalist Owen Ullmann, is due out Sept. 27

Saudi Arabia raise oil prices more than expected amid Asia rebound

The increase for July shipments resumes a streak of hikes that started in February and was only broken when state producer Saudi Aramco cut prices from record levels for this month

Mercedes to recall 1 million cars on fear of faulty breaks: Report

The regulator, known as KBA, said that the affected cars were built between 2004 and 2015

Elon Musk's office mandate, recession fears complicate new work era

Musk's recent demand that all Tesla Inc. employees get back to their desks or find work elsewhere has made him the latest figurehead of the return-to-office movement

Carmakers feel chip crisis easing as global economic growth slows

Mercedes Benz AG, Daimler Truck Holding AG, and BMW AG are among carmakers now getting enough of the high-tech components to produce at full capacity after experiencing crippling outages for months

China to launch three astronauts on Sunday to build new space station

China will launch three astronauts on a spacecraft Sunday to work on the final stages of construction of the nation's first orbital outpost

Goldman's Lloyd Blankfein urges 'dial back' on negativity over economy

Lloyd Blankfein's comments came the same day that Elon Musk said Tesla Inc. will cut its salaried workforce by 10%.

Elon Musk turns to his earlier playbook as Tesla girds for job cuts

Two weeks ago Elon Musk signaled Tesla Inc. was staying in the fast lane. Now he's tapping the brakes

Crisis-hit Sri Lanka cannot use $1.5-bn China help on IMF concerns

India - creditor and neighbour to Sri Lanka - wants the IMF to treat China on par with other creditors.

Pak has forex to pay for 2 months of imports, reserves slip below $10 bn

The stockpile decreased by $366 million in the week ended May 27 to stand at $9.72 billion

Singapore Airlines' long-delayed flight to India finally ready for takeoff

Singapore Airlines CEO Goh Choon Phong wants to pursue a multi-hub strategy as he expects India to be the third-largest aviation market after China and the US by the middle of the decade

Indian rice farmers look forward to a good monsoon and a better harvest

Rice has come into focus recently on worries that India may restrict exports of the crop next, after similar moves in wheat and sugar

From wheat to steel, India can't afford to lose the world's trust on trade

The only chance that countries such as India have to entice value chains away from China is by focusing on resilience and reliability

Sheryl Sandberg's advertising empire leaves a complicated legacy

Sandberg was one of the people who made Google's ad business so enormous that it became an essential part of every advertiser's budget

Meituan beats slowdown with $6.9-billion sales, revenue rises 25%

Sales rose to 46.3 billion yuan ($6.9 billion) in the three months ended March

China leans on state-owned policy banks to deliver $120 billion stimulus

President Xi Jinping has called for an all-out effort to boost infrastructure this year, turning to an old playbook of driving up growth through public investment

Rivian's Saudi backer makes Rs 1,700-crore bet on Greaves Electric

India, the world's fourth-largest automobile market, is pushing to decarbonise transport and achieve a goal of turning net carbon zero by 2070

African cocoa giants make new move in spat with chocolate sector

For now, it looks like the cocoa-growing giants will continue to struggle to receive the full combined premiums

Tiger Global's 52% losses this year prompt fee cut, redemption plan

The firm's hedge fund sank 14.2% last month, buffeted by losses in several stocks and substantial markdowns in its private assets, according to an investor letter seen by Bloomberg

Good monsoon outlook in India tempers fears of rice export curbs

Rice is the one staple grain helping to keep the world food crisis from getting worse