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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

World food price index climbs in April, highest since May 2014: FAO

World food prices increased for an 11th consecutive month in April, hitting their highest level since May 2014, with sugar leading a rise in all the main indices, says the United Nations food agency

Russia authorises single-dose Sputnik Light Covid vaccine for use: RDIF

Developed by Moscow's Gamaleya Institute, the slimmed-down vaccine, which the RDIF said is 79.4% effective against Covid-19, costs under $10 a dose

IMF to revisit growth forecast for India due to surge in Covid-19 cases

Covid-19 infections in India have surged past 21 million, with a death toll of 230,168, health ministry data showed

IBM unveils world's first 2-nanometer chip technology for faster computing

The technology could be as much as 45% faster than the mainstream 7-nanometer chips in many of today's laptops and phones and up to 75% more power efficient, says IBM

Under watchdog scrutiny, Credit Suisse caps assets and leverage

Credit Suisse will keep limits on its risk-weighted assets (RWA) and leverage while it remains under regulatory scrutiny over risk-management failures that cost it billions, says Swiss bank

Bank of England slows pace of bond-buying on growing hopes for recovery

Bank of England kept the scale of its stimulus programme unchanged as Britain's economy shows signs of recovery from its coronavirus slump

Moderna lifts coronavirus vaccine sales forecast to $19.2 billion

This is reflecting demand from countries looking to return to normalcy through rapid vaccine rollouts.

Covid-19: Refiners curtail palm oil imports as lockdowns dent demand

Lower imports by India, the world's biggest buyer of the edible oil, could limit a rally in benchmark Malaysian palm oil futures, which hit their highest level since 2008 on Thursday.

Tesla developing platform to allow car owners in China data access

Tesla, which makes Model 3 sedans and Model Y sport-utility vehicles at its Shanghai factory, aims to launch the data platform this year

Global markets near record highs on recovery hopes, Curevac tumbles 10 pc

Germany's Curevac, hoping for approval for its Covid-19 vaccine, tumbled 10% following news that US President has thrown his support behind waiving intellectual property rights for Covid vaccines

Tesla developing platform to allow car owners in China access data

U.S. electric-vehicle maker Tesla Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles

Covid spreading in rural India; record daily rises in infections, deaths

India reported a record 412,262 new Covid-19 cases on Thursday and a record 3,980 daily death toll, as second wave of infections swamps the health system and spreads from cities into the countryside.

Oil prices fall as U.S. gasoline stocks rise for fifth consecutive week

Oil prices fell on Thursday as gasoline inventories in the US, the world's largest oil consumer, rose for a fifth consecutive week although a draw in crude stockpiles helped to underpin prices

Britain to offer 3rd vaccine shot to all above 50 in autumn: Report

A total of more than 34.6 million people in Britain have been given a first dose of COVID-19 vaccine

Lilly hit by staff accusations, FDA scrutiny at Covid-19 drug factories

The unsigned report, filed April 8 in Lilly's confidential employee complaint system and reviewed by Reuters, is the latest sign of manufacturing problems at the drug giant

India accounts for nearly 46% of world's new Covid-19 cases, says WHO

The surge of the coronavirus in India, including of a highly infectious new variant first identified there, has seen hospitals runs out of beds and oxygen, and morgues and crematoriums overflowing

Archegos prepares for insolvency as banks seek $10-bn compensation: Report

Global banks had lost $10 billion after highly leveraged bets from the family office on media stocks like ViacomCBS turned sour.

China concerned as its companies get barred from 5G trials in India

China said on Wednesday it was concerned that India had not allowed Chinese companies to conduct 5G trials in the country.

Goa, sun and sand tourist destination, has India's highest Covid rate

Almost one in two tests return positive in Goa