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G7 scolds China and Russia over threats, bullying, human rights abuses

Russia denies it is meddling beyond its borders and says the West is gripped by anti-Russian hysteria

Car bombing near Kabul school kills at least 55, injures over 150

Explosions caused by a car bomb and mortars outside a school in the Afghan capital Kabul on Saturday killed at least 55 people and wounded over 150, mostly female students, officials said.

US wants Covid-19 vaccine patent waiver to help world, not China biotech

Many companies and now some US officials fear the move would allow China to leapfrog years of research and erode the US advantage in biopharmaceuticals

Sri Lanka approves Pfizer coronavirus vaccine for emergency use

Sri Lanka is the first country in South Asia to approve the Pfizer vaccine

United Airlines to scale back India flying, delay B'luru launch amid Covid

United Airlines said on Friday it is temporarily pausing service between Chicago and New Delhi in June and delaying the planned launch of flights between San Francisco and Bangalore

Oil for oxygen: India welcomes Saudi covid aid, boosts oil imports

Indian oil minister Dharmendra Pradhan on Friday thanked Saudi Arabia and other Middle Eastern oil producers for supplying liquid medical oxygen (LMO) to help the country in its battle with the Covid

India holds up wireless approvals for China-made devices, delaying launches

India has held up approvals for import of wifi modules from China for months, driving companies such as U.S. computer makers Dell and HP and China's Xiaomi, Lenovo, and others to delay product launch.

S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries

Highly valued stocks such as Microsoft Corp, Apple Inc and Facebook Inc rose between 0.3 per cent and 1 per cent

Gap between AstraZeneca doses can be as little as 4 weeks: Germany

Germany defends AstraZeneca pivot as key to speeding Covid vaccinations; experts warn on reduced efficacy with shorter gap

Pfizer-BioNTech start full US approval application for Covid-19 vaccine

If approved, the vaccine will be the first fully approved Covid-19 shot and could help ease vaccine hesitancy due to longer-term data required for an FDA approval

Global stocks head for first weekly gain in three, commodities soar

S&P futures pointed to further gains, edging 0.1% higher on Friday.

US support for Covid patent waiver will push WTO talks, says WTO chief

A United States' proposal to discuss waiving patent protections for Covid-19 vaccines will intensify talks on the issue within the World Trade Organisation, says the WTO director-general

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

Global stocks rally into US jobs report amid surging commodity prices

Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday

Mitsui aims to accelerate business in healthcare and nutrition segments

Japanese trading house Mitsui & Co Ltd aims to accelerate its business expansion in healthcare and nutrition, using Malaysian hospital group IHH Healthcare Bhd and other assets, its CEO said

Australia to reopen door to India, local Covid-19 cluster appears contained

Australia will lift a ban on its citizens returning from COVID-ravaged India next week, Australian Prime Minister Scott Morrison said on Friday, as state officials reported that an outbreak in Sydney.

Gold heads for best week in five months on softer dollar, yields

Spot gold was steady at $1,815.88 per ounce by 0246 GMT, after hitting its highest since Feb. 16 at $1,817.90 in the previous session

Global oil prices edge up as investors eye fuel demand recovery

Oil prices edged up in early Asian trade after a 1% dip in the previous session, as global economic recovery and easing travel curbs in the United States and Europe buoyed the fuel demand outlook

India offers to lift regular Saudi oil volumes in June after May cuts

Indian state refiners on Thursday placed orders for regular supplies from Saudi Aramco for June, after reducing purchases this month, drawn by lower prices by the world's top oil exporter

Bank of England sees faster economic rebound, slows its bond buying

The BoE raised its forecast for British economic growth in 2021 to 7.25% from February's estimate of 5.0%