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Tesla scouts for showroom space in India, hires exec for lobbying: Report

The electric-car maker in Jan registered a local company in India, where it is expected to import and sell the Model 3 sedan by as early as mid-2021, seeking to target rich customers in a niche market

MacBook, iPad production delayed as supply crunch hits Apple: Report

Production of some of Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday.

Australia backs Pfizer virus vaccine over AstraZeneca for under-50s

Australia's Chief Medical Officer, Paul Kelly, told reporters the risk of clots was extremely low.

S&P 500 hits new high by gains in tech stocks after Fed keeps rates low

The benchmark S&P 500 hit a record high on Thursday, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to keep interest rates low

Saudi $7 trillion investment goal puts spotlight on oil prices: Report

In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices

Tesla lashes out at German red tape ahead of planned site opening

Tesla sharply criticised lengthy regulatory processes in Germany ahead of the planned opening of its first European gigafactory this summer

Gold gains as dollar, yields fall after US Federal Reserve maintains stance

Spot gold gained 0.3 per cent at $1,741.85 per ounce by 0927 GMT. US gold futures rose 0.1 per cent to $1,742.90 per ounce

Global shares lifted to record highs by lockdown easing, benign Fed

Stocks in Europe reached record highs, buoyed by optimism in Britain over easing lockdown restrictions, while a benign outlook for US interest rates was set to push Wall Street to new heights

World food price index rises in March for 10th month running: FAO

World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said

Coal's share in India's power mix hits highest in more than two years

This year seasonal factors have limited output of renewables, including hydro electricity, which are weather dependent, helping coal's share to rebound

African Union drops plans to buy Covid vaccines from Serum, pivots to J&J

The statement comes the day after European and British medicine regulators said they had found possible links between AstraZeneca's vaccine and reports of very rare cases of brain blood clots

European stocks scale all-time highs with miners in the lead

The pan-European STOXX 600 rose 0.5% by 0720 GMT,

Epic Games case: Apple to argue it faces competition in video game market

Epic sued Apple last year in federal court in California, alleging the 15% to 30% commissions that Apple charges for the use of its in-app payment systems

India's ShareChat raises $502 mn from Snap, Twitter, others: Details here

The funding was led by U.S. venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on Thursday

Covid: New Zealand suspends entry for travellers from India starting Apr 11

The suspension will start from 1600 local time on April 11 and will be in place until April 28, Ardern said in a news conference. During this time the government will look at risk management measures

Joe Biden plan to boost EVs calls for $100 billion in consumer rebates

The EV rebates, part of a $2.3 trillion infrastructure and jobs proposal, could be a big boost to U.S. automakers, especially General Motors and Tesla Inc

World Bank, IMF eye ways to link debt relief to climate change spending

Source said planning was still in the early stages, but the goal was to launch the platform late in 2021, with a secretariat to be hosted at the World Bank

Italy, Britain still recommend AstraZeneca vaccine but suggest age limits

British say benefits outweigh risks for vast majority. Most cases of blood clots found in women under 60, EMA says

Twitter held talks for $4 billion takeover of Clubhouse: Report

Discussions are no longer ongoing, and it was unclear why they stalled, according to the report

Biden willing to negotiate on corporate taxes, 'sick & tired' of non-payers

"I'm willing to negotiate that," he told reporters. "But we've got to pay for this."