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Global stocks finish at record highs, oil prices climb for fifth week

Wall Street notched broad gains on Friday, with the S&P 500 index closing at a record and global shares also finished at an all-time high

Microsoft says new breach found in probe of suspected SolarWinds hackers

The company said it had found the compromise during its response to hacks by a team it identifies as responsible for earlier major breaches at SolarWinds and Microsoft

Bhutan monarch treks across mountains in a bid to keep fatality low

The impact of the 41-year-old king's excursions are evident in a Covid-19 death toll of just one for the nation nestled between India and China in the Eastern Himalayas.

Toshiba's board appoints CEO Tsunakawa as interim board chairman

This comes after shareholders displeased with corporate governance at the Japanese conglomerate's ousted Chairman Osamu Nagayama.

Software entrepreneur John McAfee was not suicidal, widow says

She said she wanted a thorough investigation on the circumstances of the death of her husband

Branson's Virgin Galactic gets FAA approval to fly people to space

This comes following a successful test flight last month

Toyota-backed self-driving startup Pony.ai considers going public

The startup, active in the United States and China, plans to install its technology in hundreds of vehicles next year, rising to tens of thousands in 2024-2025

Shareholders oust Toshiba board chairman in major win for Japan governance

For many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan

Global shares near record on United States infrastructure bill

Futures pointed to a higher open for share markets in Europe

China's ban forces some bitcoin miners to flee overseas, others sell out

"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan

Panasonic sells Tesla stake for $3.6 billion, may use cash for investments

The sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth

Toshiba board chairman fails to win reappointment in shareholder vote

Shareholders at crisis-ridden Toshiba Corp voted out its board chairman and one other director on Friday, a forceful rebuke of the company

Bolsonaro says Brazil didn't spend cent on Bharat Bio vax deal under probe

Brazil officials are investigating the deal with the Indian company, citing the fact that the government struck a speedy agreement and ignored offers from Pfizer in 2020.

Asian shares up as US infrastructure bill lifts S&P to a record high

In morning trade, MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.58%

Oil keeps climbing for fifth week on tight supply outlook, eyes on OPEC+

US West Texas Intermediate (WTI) crude futures rose 8 cents, or 0.1%, to $73.38 a barrel at 0216 GMT, headed for a 2.4% gain for the week

John McAfee was in despair, died of suicide in Spain prison: Lawyer

McAfee's lawyer, Javier Villalba, said the anti-virus software pioneer died by hanging as his nine months in prison brought him to despair

Nike forecast for online sales boom, post-lockdown demand drives shares up

The sneaker maker's shares rose nearly 13% after the bell as the company also posted better-than-expected quarterly earnings and revenue

Pivotal Toshiba shareholder vote on future of board chairman begins

Toshiba Corp kicked off its annual general meeting on Friday (Jun 25), with shareholders set to decide on whether to keep Osamu Nagayama as board chairman

Panasonic sold its entire stake in Tesla last financial year: Nikkei

Japan's Panasonic Corp sold all of its stake in Tesla Inc last financial year which helped it earn billions of dollars in proceeds to fund new investments, the Nikkei business daily reported

Japan insurers struggle to pinpoint climate change cost estimates

Calculating climate costs is no easy task even for Japanese insurers, armed with sophisticated models to predict the course and intensity of typhoons, and the damage they could cause