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Oil posts biggest week of losses in nine months as Delta variant spreads

Numerous nations worldwide are responding to the rising infection rate due to the coronavirus Delta variant by adding travel restrictions to cut off the spread

Taliban co-founder arrives in Kabul to hammer out new Afghan govt

West tries to ramp up speed of evacuations of its citizens, vulnerable Afghans ; Taliban to ready model for governing Afghanistan in coming weeks, says official

Taliban official says no foreigners kidnapped, but some being questioned

Western nations have struggled to ramp up the pace of evacuations amid chaos and reports of violence by the insurgents.

Wall St Week Ahead: Investors stick to stocks, but gear up for bumpier ride

Signs of caution abound, even as U.S. stocks hover near record highs.

Delta, Fed dominate economic conversation as stocks jump, oil drops

The Dow Jones Industrial Average ended up 0.65%, while the S&P 500 gained 0.81% and the Nasdaq Composite added 1.19%

China Telecom Corp jumps 34% in biggest listing of 2021; raises $7.3 bn

The stock ended the session at 6.11 yuan, up from an offer price of 4.53 yuan

Crackdown aftermath: Hang Seng index enters bear market

That extended its weekly loss to 5.8 per cent, the worst showing since March 2020

Afghanistan GDP may slump 20%, currency may slide further: Fitch Solutions

"It is likely that the economy will contract sharply this year," Anwita Basu, head of Asia Country Risk at Fitch Solutions

Taliban killed relative of Deutsche Welle reporter, says German broadcaster

Broadcaster says the Taliban had been doing a house-to-house search to find the journalist, who it said was now working in Germany and did not name

India rice rates at 4-1/2-year low on weak demand, high shipping costs

Top exporter India's 5% broken parboiled variety was quoted at $352 to $356 per tonne this week, down from last week's $354 to $358

India reduces soyoil, sunflower oil import tax to calm prices

The tax reduction could increase imports of soyoil and sunflower oil in Sept, although a big jump is unlikely as the lower duty is only applicable for a short period until Sept. 30

$560 bn wiped from China mkts in a week as clampdowns shatter confidence

$560 bn wiped from China mkts in a week as clampdowns shatter confidence

Oil rises but set for 5% weekly drop as Delta variant of Covid-19 spreads

Brent crude futures rose 24 cents or 0.4% to $66.69 a barrel at 0635 GMT, after dropping 2.6% on Thursday to its lowest close since May.

Binance tightens anti-money laundering checks after regulatory pressure

The exchange, whose holding company is registered in the Cayman Islands, has scaled back its product offerings, including leveraged trading and tokens linked to equities

Microsoft to raise prices as much as 20% for some flagship products

The increases will take effect within six months, Microsoft said in a blog post announcing the change

China passes new personal data privacy law, to take effect Nov. 1

The law's passage completes another pillar in the country's efforts to regulate cyberspace and is expected to add more compliance requirements for companies in the country.

BHP has fired 48 workers for sexual harassment since 2019

Group tells Western Australian government about inquiry investigating such incidents at mining camps in the mineral-rich state.

Tesla likely to launch humanoid robot prototype next year: Elon Musk

Billionaire says the robot would be able to handle jobs from attaching bolts to cars with a wrench, or picking up groceries at stores.

Musk says Tesla likely to launch humanoid robot prototype next year

Elon Musk said the electric automaker will probably launch a "Tesla Bot" humanoid robot prototype next year, designed for dangerous, repetitive, or boring work that people don't like to do

Pfizer and Astra vaccines less effective after 90 days, says study

The Oxford University study found that 90 days after a second shot of the Pfizer or Astra vaccine, their efficacy in preventing infections had slipped to 75 per cent and 61 per cent, respectively