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Gold prices edge higher as pullback in US dollar lifts appeal

Gold prices ticked up on Wednesday, lifted by a retreat in the US dollar, although gains were kept in check after US Treasury Secretary Janet Yellen said interest rates may need to rise

Explainer: Covid-19 vaccine patents dominate global trade talks

WTO members will assess on Wednesday signs of progress in talks on a proposal by South Africa and India to waive patent rights on Covid-19 vaccines in order to boost supply to developing countries

Boeing faces new hurdle in 737 MAX electrical grounding issue: Sources

The extra analysis injects new uncertainty over the timing of when Boeing's best-selling jetliner would be cleared to fly by the U.S. Federal Aviation Administration (FAA)

Working from home 'doesn't work for those who want to hustle': JPMorgan CEO

The largest American bank recently told it workers that it expects all U.S.-based employees back in offices on a rotational basis by early July, subject to current public health rules

Oil climbs nearly 2% after eased lockdowns, travel seen rising,

Oil prices rose nearly 2% on Tuesday after more U.S. states eased lockdowns and the European Union sought to attract travellers, though soaring Covid-19 cases in India capped gains

'Speculative excess': ethereum finds new peak in sizzling crypto market

Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants

Could abandon Myanmar project if found to violate US sanctions: Adani Ports

OFAC, part of the U.S. Treasury Department, administers and enforces economic and trade sanctions based on the country's foreign policy

S&P, Dow Jones bring bitcoin, ethereum to Wall St with crypto indexes

The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them

Melinda Gates sees US govt donating coronavirus vaccine doses soon

In her first remarks since divorce with Bill Gates, Melinda said governments were waking up to arguments that the global economy needs to be vaccinated to bring the pandemic under control

Pfizer lifts sales forecast for coronavirus vaccine to $26 billion

This is reflecting new contracts with governments around the world trying to halt the pandemic through rapid vaccination.

Adani Ports may abandon Myanmar project if found to violate US sanctions

The company said the potential Myanmar project write-down would not materially impact it

Investor Warren Buffett's ESG snub risks alienating Wall Street

Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

India's recovery to be hit by Covid surge; fiscal metrics to stay weak: S&P

The second wave could possibly diminish growth for the full year: S&P

Eli Lilly to supply 400,000 tablets of its Covid-19 treatment to India

The country is fighting a raging pandemic that has morgues and hospitals overflowing.

Gold falls from two-month high as dollar strength dents safe-haven appeal

U.S. gold futures fell 0.4% to $1,785.50.

Saudi Aramco beats first-quarter profit forecast, keeps dividend

Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices

Saudi Arabia expected to cut June crude prices for Asia: Survey

Saudi Arabia is expected to cut its official selling prices for Asia in June, tracking weakness in Middle East benchmark Dubai and demand uncertainty amid a new wave of regional Covid-19 outbreaks

India's vaccinations plummet as coronavirus infections soar

India has partially or fully immunised only 9.5% of its 1.35 billion people

Oil prices firm as US, Europe growth prospects counter India concerns

Oil prices extended gains on Tuesday as more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as Covid cases soar

Facebook oversight board to announce decision on Trump ban on May 5

Facebook Inc's independent oversight board tweeted that it would announce a decision on May 5 whether to uphold ex-US President Trump's indefinite suspension from its social media platforms