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Cryptocurrency platform loses estimated $600 million in cyberheist

The heist appears to be one of the biggest ever in cryptocurrency markets

Taliban could take Afghanistan capital in 90 days: US intelligence

The Taliban now control 65% of Afghanistan

US consumer price increases slowed in July, inflation still high

The consumer price index increased 0.5% from June and 5.4% from a year ago, according to Labor Department data released Wednesday

United States inflation data looms as stocks hover near record highs

In Europe, the STOXX index of leading companies hit a new peak for an eighth consecutive session

India in talks to buy 50 mn doses of Pfizer Covid vaccine: Report

The drugmaker has not yet sought permission for use of its vaccine in India.

Oil prices hold above $70 as United States demand eases Delta fears

Brent crude fell 9 cents, or 0.1%, to $70.54 a barrel at 0915 GMT, following a 2.3% rally on Tuesday

United States Senate narrowly approves $3.5 trillion spending plan

Republicans have railed against the spending plan

Gold firms but taper bets outweigh impact of coronavirus surge

Spot gold was up 0.2% at $1,732.50 per ounce by 0919 GMT

China vehicle sales tumble amid Covid-19, semiconductor shortage

China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors

Gold buoyed by Covid-19 Delta variant woes; focus on US inflation data

Spot gold was up 0.1% at $1,730.31 per ounce by 0637 GMT, and US gold futures rose 0.1% to $1,732.70

Oil prices up 3%; forecast for better US fuel demand feeds rebound

Oil prices rose 3% on Tuesday, rebounding from recent losses on signs of rising fuel demand in the United States despite a surge in Covid-19 cases

Pfizer shares hit record high with Covid-19 vaccine stocks on a tear

The percentage gain was the stock's biggest one-day rise since Nov. 9, when Pfizer released positive data for its Covid-19 vaccine

McDonald's faces Italian antitrust probe into franchise terms

The watchdog said a series of pervasive and binding clauses on prices, promotions, stocks, supplies and purchases, financial management, among others, could be seen as elements of abusive conduct

Delta tears across US, cases and hospitalisations at six-month high

Nationwide, Covid-19 cases have averaged 100,000 for three days in a row, up 35 per cent over the past week, according to a Reuters tally of public health data

Zomato's Q1 consolidated net loss widens to Rs 356 cr

Non-cash employee stock ownership plan expenses increased in the first quarter and also affected results, the company added

US Treasury yields extend rises on Federal Reserve's taper talk

The dollar also scaled a four-month high versus the euro as investors looked ahead to U.S. inflation numbers on Wednesday

UN climate report increases urgency for green investment funds

A UN climate report on Monday found that global warming is dangerously close to spiraling out of control

'DeFi' crime hits record high in first 7 months of 2021: CipherTrace

Losses from theft, hacks, and fraud in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year

Volkswagen joins Tesla in call for lower import tax on EVs in India

Cutting duties on electric vehicles even to 25% would not pose a "big threat" to domestic players, says German carmaker's India head

Google restricts ad targeting based on age, gender of people under-18

It also said it would turn off its "location history" feature, which tracks location data, for users under 18 globally