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Hear no evil, see no evil: How Credit Suisse ignored Archegos warnings

The Swiss bank suffered by far the most of all peers from financing the fund's risky market bets

US economy grows solidly in second quarter; weekly jobless claims fall

Though the fiscal boost is fading and COVID-19 cases are rising in states with lower vaccination rates, consumer spending will likely continue to grow.

Indian traders sign sugar export deals in advance as frost hits Brazil

Traders said the likely decline has already lifted sugar prices near their highest levels in 3-years

Australia's Fortescue teams up with JSW Energy for hydrogen projects

Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India.

Panasonic's Q1 profit soars 27-fold on demand for car batteries, appliances

Panasonic, a key supplier of batteries to Tesla Inc, has moved away from low-margin consumer electronics

China's efforts to calm investor jitters help stock markets rebound

China stocks had their best day in two months on Thursday

India rupee at over 3-week high on Fed's dovish stance, gains in equities

The dollar also slipped to multi-week lows in Asian trading on Thursday

Nokia lifts full-year outlook as turnaround takes root, shares rise

Nokia last week got its first contract in China for supplying 5G radios, giving it access to one of the largest 5G markets

SoftBank sells 45 mn shares in Uber after Didi bet backfires: Report

Uber shares fell 4.6% at $44 in extended trading before erasing most of its losses.

Festivals, weddings to bolster India's gold demand in 2nd half of 2021: WGC

Higher demand from the world's second-biggest gold consumer could support global prices that have corrected nearly 4% so far in 2021

Samsung Electronics forecasts strong chip demand as Q2 profit jumps

The world's top maker of memory chips and smartphones posted a 54% jump in operating profit for the second quarter, its strongest result in more than two years

Oil prices slip but remain near $75 after large inventory drawdown

Brent crude oil futures fell 5 cents, or 0.1%, to $74.69 a barrel by 0108 GMT while US West Texas Intermediate (WTI) crude oil futures slipped by 4 cents, or 0.1%, to $72.35 a barrel.

US economic recovery on track despite Covid-19 surge: Federal Reserve

The Fed also said that higher inflation remained the result of "transitory factors," meaning it was not an imminent risk

Oil settles near $75; sharp US inventory drop counters coronavirus worry

Oil settled near $75 a barrel on Wednesday after data showed US crude inventories fell more sharply than analysts had forecast

Tesla hikes prices of Model 3, Model Y in US; holds line in China

Tesla showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China

WhatsApp privacy case must be decided in a month, says EU watchdog

EU privacy watchdog EDPB on Wednesday gave the Irish data protection agency a month to issue a long-delayed decision on compliance by WhatsApp after its peers objected to its draft finding

Thermo Fisher cuts 2021 Covid-19 test sales forecast by $900 million

The company, one of the major providers of coronavirus tests, benefited from strong demand during the pandemic

Tesla hikes electric car prices in US to boost profit; holds line in China

Tesla posted record vehicle deliveries in the second quarter, and the price increases in North America boosted quarterly profits to a record.

United States goods trade deficit widens; inventories increase

The report was published ahead of Thursday's advance second-quarter gross domestic product data.

Online brokerage Robinhood's meme stock status fuels IPO uncertainty

The trading app's monthly active users surged from 11.7 million at the end of December to 21.3 million as of the end of June