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China turns first major country to let preschoolers have emergency vaccine

The move comes amid reports that young people with the disease could be as infectious as adults

HSBC Holdings plans to split oversight of Asia between two co-heads

Europe's largest lender plans to appoint Wong's protege, David Liao, and the chief executive of its Indian business, Surendra Rosha, as joint heads of its Asian arm this year

UK companies hire the most in 23 years after Covid-19 lockdown loosens

Relaxed restrictions lifted their Permanent Placements Index to 67.4, showing strong growth.

EU, UK launch antitrust probes into Facebook's use of advertising data

Investigations will focus on social media group's use of customer data

G-7 nears deal for at least 15% global minimum corporation tax: Report

The ministers are meeting Friday and Saturday in London and are due to release a statement after the discussions.

Gold imports plunge in India as second wave of Covid-19 slashes demand

Inbound purchases slumped to 11.3 tons last month from 70.3 tons in April, according to a person familiar with the data, who asked not to be identified as the information isn't public

Rio Tinto: Indigenous Australian scores board seat after sacred cave blasts

The 47-year-old ex-lawmaker will become a non-executive director at Rio Tinto Group, the world's second-biggest miner, from September.

Ahead of curbs, airfares hit $1,000 as UK tourists rush to leave Portugal

U.K. authorities caught airlines and holidaymakers by surprise on Thursday with a decision to remove Portugal from the green list of countries where travel was relatively easy.

AMC rides stock roller-coaster after $587-mn share sale to cut debt load

The stock traded at $48.51 as of 4:02 a.m. in New York premarket trading, down 5.5% from its last close.

Saudis raise oil prices for Asian customers as market tightens in Covid-19

The kingdom sends more than 60% of its exports to Asia, with China, India, South Korea and Japan being the biggest buyers.

Google to let Android users opt out of ads tracking by the end of 2021

Apple roiled the mobile advertising industry in April when it debuted its App Tracking Transparency feature, which requires users to opt in to being tracked by apps for personalized advertising

Apple working on iPad Pro with 'MagSafe' charging tech, iPad mini redesign

The iPad became an increasingly key part of Apple's portfolio over the past year as people looked for new ways to work, study and stay entertained at home during Covid-19 lockdowns

Japan enters Taiwan-China fight with Covid-19 vaccine shipments to Taipei

Donating the vaccines to Taiwan could irritate China, Japan's biggest trading partner.

Biden blocks 59 Chinese companies including Huawei in amended Trump order

Biden's position on Trump's order has been closely watched by Wall Street and Capitol Hill.

After 7,700% surge in stock, Orchid Pharma to face reality check

New owners have to divest part of their stake of about 98 per cent in the firm, which re-listed in Mumbai in early November after emerging from bankruptcy

LIC: Govt may seek proposals from investment banks for mega IPO in June

An offering could happen as soon as March 2022, say sources

Biden administration to send 25 mn vaccine doses abroad, including India

Through the UN-organized Covax program, the US plans to distribute 6 million shots to Central and South America, 7 million to Asia including hard-hit India and 5 million to Africa

Walt Disney opens Marvel-themed 'Avengers' campus in California

The company held a relatively subdued opening ceremony Wednesday evening. It was livestreamed with some celebrities - and fireworks - but without the usual hoopla.

Russia cuts US dollar holdings in $119-billion wealth fund to zero

The transfer, which affects about $119 billion in liquid assets of which about a third is held in dollars, will take place within the central bank's huge reserves

Jack Ma's Ant Group gets go-ahead for consumer lending unit in sign of thaw

Chongqing Ant Consumer Finance Co will have registered capital of 8 bn yuan ($1.3 bn), and Ant will hold a 50% stake