Page 1088 - Reuters%20

Oil steadies but Delta variant outbreaks cloud demand prospects

Brent crude was up about $1, or 1.4%, just above $70 a barrel by 1125 GMT. US WTI crude oil gained 84 cents, or 1.25%, to $67.43.

Elon Musk's 2020 compensation was nil compared to $23,760 in 2019: Tesla

Tesla Inc said on Friday Chief Executive Officer Elon Musk's total compensation for 2020 was nil, compared to $23,760 in 2019

Ford asks US patent office to rescind GM's Cruise, Super Cruise trademarks

The legal fight between the two Detroit automakers turns on whether "cruise" is a generic term for technology that allows the car to take over some share of driving tasks from a human motorist

Oil slips but set for weekly gain despite forecast for weaker demand

Oil fell on Friday, but was on track to post a slight weekly gain, broadly shrugging off a warning from the International Energy Agency that the spread of coronavirus variants is slowing oil demand

Gold prices jump over 1% as dollar retreat hastens rebound

US gold futures rose 1.4% to $1,775.80

Bharat Biotech's nasal Covid-19 vaccine advances into next stage of trials

Early stage trials of the vaccine candidate, BBV154, has been completed in subjects aged 18 to 60 years, and the doses were found to be well tolerated

Covid-19 pandemic: US okays third jab for those with low immunity

The amended emergency use authorization paves the way for people who have had an organ transplant, or those with a similar level of weakened immune system, to get an extra dose

Too soon to predict economic spillover of crisis to Pakistan: IMF 

Taliban insurgents tightened their grip on Afghanistan on Friday, wresting control of its second and third biggest cities

Oil holds above $70 despite forecasts for weaker demand growth

Brent crude was down 18 cents, or 0.2per cent, at US$71.13 a barrel by 1332 GMT. US crude lost 14 cents, or 0.2per cent, to trade at US$68.95. Over the week the benchmarks are up less than 1per cent

Taliban capture Kandahar, Herat, Lashkar Gah; embassies getting staff out

US, Britain send troops to get staff out from Afghanistan; UN warns of 'catastrophic' impact of fight for Kabul

Italy's problem bank casts shadow over Mario Draghi's summer break

The Tuscan lender's decline has tarnished Draghi's record ever since 2008 when, as Bank of Italy chief, he approved its purchase of rival Antonveneta at an inflated price

Crypto platform Poly Network rewards hacker with $500,000 'bug bounty'

Poly Network is a decentralized finance (DeFi) platform that facilitates peer-to-peer transactions with a focus on allowing users to transfer or swap tokens across different blockchains.

Asian equities diverge from record-setting world stocks; dollar steady

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.87%, and was down 1.09% for the week.

Asian equities fall in early trade after world stocks hit new record

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.59%, having closed lower on each of the past three days

Samsung leader Jay Y. Lee released from South Korea prison on parole

Lee, 53, appeared outside the Seoul Detention Center, wearing a dark grey suit and looking thinner than when he was last detained in January

IEA cuts oil demand outlook on coronavirus, sees surplus in 2022

It's a marked reversal for the Paris-based agency, which just a month ago was urging the Opec+ alliance to open the taps or risk a damaging spike in prices

Ex-director seeks to stall $2-bn Paytm IPO, company calls it harassment

Saxena denied harassment and said Paytm had a high profile position that meant a private individual like him was not in a position to harass the company

Global M&A volumes hit new record in 2021, overtaking last year's haul

By Patturaja Murugaboopathy and Gaurav Dogra

Explainer: How hackers stole $600 mn in crypto tokens from Poly Network

Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing more than $600 million in digital coins from token-swapping platform Poly Network

Oil prices slip as IEA warns of slowdown in global demand recovery

Oil prices declined on Thursday after the International Energy Agency said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand