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Bitcoin surpasses $20,000 for first time amid dizzying rally

The world's largest cryptocurrency rose as much as 3.8% to $20,154 on Wednesday

Vaccinating the world means solving patent impasse; India has suggestion

A patent gives a drugmaker exclusive rights to manufacture a vaccine it developed

Covid wiped out 81 mn jobs in Asia-Pacific; women, youngsters affected: ILO

Employment in Asia-Pacific showed a 4.2% decline compared with the pre-crisis trend, with the gap at 4.6% for women and 4% for men, the ILO said in a report

US supply chains offer Biden a way to make allies, not just bring jobs home

The escalating technological, geopolitical and economic rivalry between the superpowers gives greater urgency to a plan for diversification

WHO sees 'strong commitment' from Pfizer for cheaper Covid-19 vaccines

Bruce Aylward, WHO senior adviser, said that he saw a "strong commitment" on the part of its CEO Albert Bourla to set prices at levels appropriate to poorer populations

Boeing expands search for defects on newly built 787 Dreamliner planes

While US regulators say the faults don't pose an immediate hazard, the emergence of another flaw in Boeing's most advanced jetliner is slowing deliveries and raising doubts about quality controls

US imposes sanctions on Turkey's arms industry, spares banks, economy

The sanctions effectively cut off Turkey's top defense procurement agency from US financial institutions, military hardware and technology

US FDA confirms 94.1% efficacy of Moderna vaccine, says it's safe

Publishes findings ahead of key review, paving the way for a second vaccine

Tech giants risk breakup as EU unveils tougher rules to curb power

Companies like Amazon.com Inc, Apple Inc. or Alphabet Inc.'s Google could face fines of as much as 10 per cent of their revenue

Emerging market ETFs close to erasing pandemic-driven outflows, shows data

US-listed ETFs that invest across developing nations as well as those that target specific countries received $2.17 billion in the week ended December 11

A lucky break? Covid-19 measures seem to have killed the flu season

In New York City, influenza-like illnesses' numbers are running at less than one-third of the recent norm for the first half of December

WTO fishing subsidy talks to miss 2020 deadline as China, India baulk

Negotiators were tasked with eliminating subsidies for illegal, unreported and unregulated fishing and prohibiting certain subsidies that contribute to overcapacity and overfishing

If 2020 wasn't enough, here are StanChart's 8 big market risks in 2021

A pandemic wasn't on too many lists last year, but global markets have largely recovered from the shock, helped by emergency fiscal- and monetary action

Without clearing new farmland, two Earths' worth of people can be fed

By 2050-the year when a growing list of nations aim to have zeroed out their contributions to climate change-the UN projects the global population will be 9.7 billion

Singapore to open new lane for business travelers, house them in bubble

Applications for the new travel lane will open next month. People from all countries can apply but must adhere to the travel lane's strict health and testing protocols

Why a torrent of foreign funds threatens India's tight grip on the rupee

There's growing consensus among traders and fund managers that the mounting pressures -- particularly the liquidity glut distorting money markets -- may spur the central bank to consider changes

India is the world's best market for portfolio disclosure, finds study

The report covering 26 markets across North America, Europe, Asia and Africa singled out Australia as a notable laggard

Amazon's Zoox unveils 'Robotaxi' for future ride-hailing service

The vehicle, which Zoox describes as a driverless carriage or robotaxi, can carry as many as four passengers

Small-cap stocks may continue to beat large-caps next year in India

The Nifty Midcap 100 Index has climbed 20 per cent this year, and the Nifty Smallcap 100 Index has advanced 17 per cent, outpacing the 11 per cent gain in the large-cap NSE Nifty 50 Index

Premier of last African monarchy is first world leader to die of Covid

Eswatini Prime Minister Ambrose Dlamini was 52