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Experts doubt India's new loan guarantees will boost economic growth

Industry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be sufficient to boost economic growth.

Oil prices fall on rising Covid cases in Asia, Eurupe ahead of Opec+ talks

All eyes will be on the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, to see what happens at their meeting on Thursday.

SoftBank shrinks robotics business, stops Pepper production: Report

Production of the humanoid Pepper, touted as the first robot with "a heart", was stopped last year: report

Oil prices slip after hitting highest since 2018 before OPEC+ talks

Brent was down 20 cents, or 0.3%, to $75.98 a barrel at 1040 GMT

Global shares start week on back foot as Covid-19 infections spike

MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.1% after the open in Europe.

Luxury brand Burberry's CEO Marco Gobbetti to step down by end of 2021

Burberry Chief Executive Marco Gobbetti will step down from the role to take up another opportunity that will let him be closer to his family in Italy, the British luxury group said on Monday

UK watchdog investigates auditors of Greensill Capital, Wyelands Bank

Britain's accounting regulator said it has opened an investigation into how PwC audited the accounts of Wyelands, the bank owned by steel tycoon Sanjeev Gupta's metals-to-finance empire GFG Alliance

Singapore files 13 additional charges in massive nickel trading fraud

Singapore prosecutors on Monday filed 13 additional charges against a local businessman in relation to a scheme that allegedly raised more than $746 million from investors to fund bogus nickel trades

Indian shares open flat as pharma boost offsets losses in tech stocks

Indian shares were largely unchanged on Monday, as gains in pharmaceutical stocks and heavyweight Reliance Industries were offset by losses in information technology stocks

With cloud and AI, IBM broadens 5G deals with Verizon and Telefonica

IBM will offer telecom operators Verizon and Telefonica new services ranging from running 5G over a cloud platform to using artificial intelligence

Gold hits 1-week low on dollar bounce, mixed signals from Fed officials

Gold prices slipped to a one-week low on Monday, weighed down by a bounce in the dollar and mixed signals from the US Federal Reserve

Didi Global's $4 billion US IPO order books to close Monday: Sources

Didi Global Inc will close the investors order book for its US IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter

Chinese automaker Great Wall Motor aims to sell 4 million cars in 2025

China's top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday

Gold ticks up on weaker dollar, tamer than expected inflation data

Gold prices inched higher on Monday, as the dollar eased and tamer-than-expected US inflation data allayed fears of an early monetary policy tightening by the Federal Reserve

Dollar off to firm start as US price data fail to quell inflation worries

The dollar's index against six other major currencies was steady at 91.793, having recovered from Friday's low of 91.524 hit in the wake of the inflation readings

Oil prices strike 2018 highs on demand recovery, Iran nuclear talks

Oil prices climbed to highs last seen in October 2018 on Monday as the United States and Iran wrangled over the revival of a nuclear deal, delaying a surge in Iranian oil exports

Chinese flock to home-grown brands in golden opportunity for investors

Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands

Asian shares start on cautious note amid spike in coronavirus cases

Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment

Microsoft says new breach found in probe of suspected SolarWinds hackers

Microsoft said an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers

Iran says nuclear site images won't be given to IAEA as deal has expired

The announcement could further complicate talks between Iran and six major powers on reviving a 2015 nuclear deal