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Alibaba freezes executive pay rises amid China's big-tech crackdown: report

This is in an effort to preserve its workforce amid a regulatory clampdown: report

Euro zone GDP shrinks less than expected in Q1, April inflation rises

The core inflation drop reinforces calls by European Central Bank doves to maintain the stimulus to the economy

AstraZeneca reports Covid vaccine sales of $275 mn, expects hit to ease

The results come after a bruising start to the year as the drugmaker struggles with production of its vaccine and faces a legal battle after cutting deliveries to Europe

AstraZeneca first-quarter Covid-19 vaccine revenue at $275 million

This is the first time the drugmaker has given financial details from the distribution and sales of its vaccine.

Amazon expects spring windfall as US economy reopens, posts record profits

Amazon said it expects operating income for the current quarter to be between $4.5 billion and $8 billion, which assumes about $1.5 billion of costs related to Covid-19

Shell raises its dividend for second time in six months as profits surge

Sales of oil and gas assets in countries including Nigeria, Canada and Egypt added $1.4 billion to first-quarter profits

S&P 500, Nasdaq hit record highs on tech earnings boost, upbeat data

Apple Inc gained 1.0% after posting sales and profits ahead of Wall Street estimates

US economic recovery gains steam as spending fuels 6.4% GDP growth in Q1

Personal consumption, the biggest part of the economy, surged an annualised 10.7%, the second-fastest since the 1960s

Oil prices increase, bullish demand outlook offsets India concerns

Oil prices increase, bullish demand outlook offsets India concerns

Domino's Pizza quarterly revenue misses estimates on slowing demand

Demand for its pizzas weakened after coronavirus-led restrictions were eased in the United States

Unilever plans $3.6 billion buyback as China and home cooks boost growth

It also forecast a slight increase in underlying operating margin this year

Samsung takes back smartphone crown from Apple; China's Xiaomi surges

Xiaomi clocked its best quarterly performance ever

Airbus sticks with plan to raise production of its jets, shares rise

India is one of Airbus' biggest markets

India's gold demand could falter in June quarter on Covid-19 lockdowns: WGC

Appetite for gold soared in the first quarter on pent-up demand after weddings were delayed in 2020 due to the Covid-19 pandemic

Major Chinese investors in talks to buy stake in Saudi's oil firm Aramco

Saudi Arabia's state oil firm Aramco prepares to sell a slice of its business to international investors

Apple soars past sales, profit targets with strong iPhone demand: Know more

Apple Chief Executive Tim Cook said on an investor call that Apple avoided a chip shortage in the fiscal second quarter by burning through supply buffers

China 'closing in fast,' Biden warns Congress, asks for $1.8 tn in spending

Biden appeared in the chamber of the U.S. House of Representatives at an event scaled back this year because of the pandemic

Joe Biden declares US 'on the move again' in first speech to Congress

President Joe Biden argued in his first speech to Congress on Wednesday that he had restored Americans' faith in democracy nearly 100 days after he succeeded Donald Trump in office

Samsung heirs' legacy plan: $11 billion in tax, 23,000 artworks

The Lee family's estate is valued at around $23 bn; private art collection donated to the public

UK becomes first country to green-light driverless cars on its roads

The country announced it would regulate the use of self-driving vehicles at slow speeds on motorways, with the first such cars possibly appearing on public roads as soon as this year