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'Speculative excess': ethereum finds new peak in sizzling crypto market

Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants

Saudi Arabia expected to cut June crude prices for Asia: Survey

Saudi Arabia is expected to cut its official selling prices for Asia in June, tracking weakness in Middle East benchmark Dubai and demand uncertainty amid a new wave of regional Covid-19 outbreaks

India's vaccinations plummet as coronavirus infections soar

India has partially or fully immunised only 9.5% of its 1.35 billion people

Oil prices firm as US, Europe growth prospects counter India concerns

Oil prices extended gains on Tuesday as more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as Covid cases soar

Facebook oversight board to announce decision on Trump ban on May 5

Facebook Inc's independent oversight board tweeted that it would announce a decision on May 5 whether to uphold ex-US President Trump's indefinite suspension from its social media platforms

Epic Games cites Apple's total control over iPhones at first day of trial

Epic broke Apple's rules in August when it introduced its own in-app payment system in Fortnite to circumvent Apple's commissions. In response, Apple kicked Epic off its App Store

UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car' by 2023

Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom, European Union and United States

Apple hires ex-Google AI scientist who resigned after colleagues' firings

Bengio is expected to lead a new AI research unit at Apple under John Giannandrea, senior vice president of machine learning and AI strategy, two people familiar with the matter said

Ethereum breaks past $3,000 to quadruple in value in 2021

Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin

Fidelity halves valuation of Ant Group after Chinese crackdown: Report

The $144 billion valuation compares with an appraised value of $295 billion as at the end of August, the report said

Warren Buffett says Greg Abel is his likely successor at Berkshire Hathaway

He also said that if anything happened to Abel, it would be Ajit Jain, who oversees Berkshire's insurance businesses, would become chief executive

OPEC's share of Indian oil imports plunges to two decade low, shows data

Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier

WHO chief Tedros Adhanom plans to seek re-election, says report

In 2017, Ethiopia's Tedros became the first African to head the Geneva-based UN agency and made universal health care coverage his priority

Wall Street kicks off month on strong footing, growth stocks lag

With more than half of S&P 500 companies having already reported results so far, profits are seen rising 46 per cent in the first quarter

European shares rally on bullish investor sentiment about global recovery

With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red

Oil drops towards $66 as India demand concerns weigh

Oil dropped towards $66 a barrel on Monday as concern about demand in India and higher OPEC+ supply offset optimism over rising demand in other major consumers such as China and the United States

Tesla under scrutiny in China; steps up engagement with regulators: Sources

Tesla's change of strategy leading to more behind-the-scenes interaction with policymakers in Beijing shows the seriousness with which the U.S. automaker views

LNG cargoes diverted from India as Covid crisis dampens demand - sources

LNG cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday

Gold gains as rising virus cases, pullback in U.S. yields lift demand

Gold prices rose on Monday as a retreat in U.S. Treasury yields and worries over surging COVID-19 cases in some countries boosted the metal's appeal

Australia's Seven West Media signs Google, Facebook deals after law feud

Australian television and newspaper firm Seven West Media Ltd signed multi-year content deals with Facebook Inc and Google as tough new media laws enabled the industry to secure new revenue sources