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China risks 1.6 mn deaths if 'Covid Zero' is abandoned: Shanghai univ study

The research comes as WHO chief Tedros Adhanom Ghebreyesus called on China to rethink its strategy.

End of an era: Apple discontinues iPod after a more than two decade run

Introduced by Steve Jobs, the iPod was credited with helping to turn Apple from a nearly bankrupt company to an eventual $3 trillion behemoth

Banning abortion would hurt US economy: Treasury Secretary Janet Yellen

Eliminating the right to access abortion services "would have very damaging effects on the economy and would set women back decades," Yellen told lawmakers during a Senate Banking Committee hearing

African airlines join forces to stave off potential jet-fuel price crisis

A committee has been formed -- including major carriers such as South African Airways and Kenya Airways -- to secure deliveries for 12 months starting in July

Ukraine's economy to shrink by 30% in 2022 due to war, says EBRD

Russia's invasion has upended trade in energy, agricultural commodities and fertilisers and disrupted supply chains, resulting in slower growth across eastern Europe

After trillions in losses, Asia's stock rout looks far from over

MSCI Asia Pacific Index has dropped 19% from Jan peak

Pfizer to pay $11.6 bn for Biohaven Pharmaceutical to tap migraine market

Pfizer will pay $148.50 a share for all of New Haven, Connecticut-based Biohaven's outstanding stock, according to a statement Tuesday

Andy Warhol's 'Marilyn' sells for $195 mn, most ever for an US artist

The prior record for an American artwork was $110.5 million for an untitled Basquiat in 2017.

Markets regulator Sebi probes Schroders' $32 bn India partner Axis AMC

Indian equity mutual funds have lured billions of dollars in inflows over the last couple of years amid a retail-investing boom

China's export growth weakens to 2020 low as Covid-19 lockdowns bite

Export growth in April in dollar terms slowed to 3.9% from a year earlier, compared to an increase in March of 14.7%, customs data showed Monday

Epic fail! Day trader army loses all the money it made in meme-stock era

Capitulation from the crowd may help signal a market bottom

Obesity is stalking poor countries, where hunger once reigned

In middle-income countries, the number of people undernourished fell by roughly a quarter, or 162 million, between 2006 and 2020

Foreign investors step up bids for LIC IPO in last hour before closing

With just hours to go until end of the subscription period for the $2.7 billion initial public offering of LIC, foreign institutional funds have put in orders for merely 8% of the shares

Banks forgo bumper fees for managing LIC IPO to get league table rankings

What bankers stand to gain is outsized credit in rankings that compare rivals by the volume of deals they handle.

Indian buyers grab discounted Russia LNG shipments shunned by rest of world

Companies including Gujarat State Petroleum Corp. and GAIL India Ltd. bought several spot shipments at prices below prevailing market rates.

China Premier Keqiang warns of 'grave' jobs crisis as Covid lockdowns bite

China's top leaders doubled down on the nation's Covid-Zero strategy last week

Nigeria is first nation to halt domestic flights over soaring fuel prices

Nigeria's 23 airlines say they have been "subsidizing" flights for the past four months and can no longer absorb the costs after the price of aviation fuel more than tripled to 700 naira per liter

China loyalist Lee chosen as Hong Kong leader in uncontested election

The choice of Lee, who served on the police force for more than three decades before joining the security ministry, epitomizes China's focus on national security

Saudis cut oil prices from record highs amid Covid-19 lockdowns in China

Saudi Aramco is lowering prices for the first time in four months

How Reliance refinery is making millions as Ukraine war windfall

The facility is buying discounted cargoes of crude after self-sanctions on Russian fuels by some European Union companies pushed up margins.