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India, Pfizer seek to bridge dispute over vaccine indemnity: Report

India has not given any manufacturer of a Covid-19 vaccine indemnity against the costs of compensation for any severe side effects, a condition Pfizer has obtained in many countries, including UK, UK

JSW Steel examining bid for Sanjeev Gupta's British business: Report

JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, people familiar with the matter said, as would-be buyers circle Sanjeev Gupta's global commodities empire

Stocks mixed as Dow extends recovery after strong US business surveys

Helping the Dow outperform was Boeing, which added 3.2% as industry sources said the planemaker has drawn up preliminary plans to increase in 737 MAX output to as many as 42 jets a month in fall 2022

WeWork reports quarterly loss of nearly $2.1 bn ahead of public listing

WeWork in March agreed to go public through a merger with BowX Acquisition Corp, a special purpose acquisition company, in a deal that valued it at $9 billion

Covid: Real death toll could be 3 times higher than reported, says WHO

Death tolls likely a 'significant undercount', says WHO; at least 6-8 mn people may have died, says WHO expert

India's 10-year bond yield poised for 5th weekly fall; rupee gains

India's benchmark 10-year bond yield was trading at 5.96 per cent by 0852 GMT, down 1 basis point on the day

JSW Steel examining bid for Sanjeev Gupta's British business: Report

JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry

Bitcoin tumbles as China says to crack down on mining, trading activities

The world's largest and most popular cryptocurrency last traded down more than 6% at $38,293 after holding the $40,000 level for most of the Asian and London sessions

EU regulator backs use of GSK-Vir antibody for Covid-19 treatment

The opinion relates to the use of the treatment, sotrovimab, in adults and adolescents aged 12 years or older and weighing at least 40 kilograms

Wall St opens higher as attention shifts to key US business surveys

Wall Street's main indexes opened higher on Friday, extending a recovery from the previous session, as attention shifted to business surveys at the end of a volatile week of trading.

Indian refiners process less crude in April as pandemic stalls activity

Refiners processed about 4.9 million barrels per day (bpd) or 19.89 million tonnes of oil last month, government data showed

Oil to stay below $70 per barrel if Iran sanctions lifted, says HPCL

India, the world's third largest oil consumer and importer, halted oil imports from Tehran in 2019 as a temporary waiver granted to some countries expired

Amid volatility, US investors look to Europe for next leg of stock gains

The focus on Europe comes as the region's benchmarks have kept pace with their US counterparts after years of underperformance

Oil set for weekly loss on possible Iran supply after nuclear talks

Iran and world powers have been in talks since April on reviving the 2015 deal

Bitcoin rebound loses steam due to increasing regulatory concerns

Bitcoin was little changed on the day at $40,256 on the Bitstamp exchange.

Huawei-Changan smart car partnership expands to include chips: Report

China's Huawei Technologies is expanding its smart car partnership with state-owned Chongqing Changan Automobile Co Ltd to include the design and development of auto-use semiconductors

China says ByteDance, Baidu, Microsoft improperly collected user data

China's internet watchdog said on Friday that companies including ByteDance, Baidu and Kuaishou had improperly collected user data.

Tesla cars barred from some Chinese govt compounds over security concerns

Staff at some Chinese government offices have been told not to park their Tesla Inc cars inside government compounds due to security concerns over cameras installed on the vehicles

Gold eases, set for third weekly gain on weak dollar, inflation jitters

Gold edged lower on Friday, as optimism around a swift economic recovery lifted appeal for riskier assets

India's crude imports stall in April as coronavirus stifles demand

Crude oil imports in April were at 18.26 million tonnes, although on a yearly basis they rose about 10.3%, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Thursday