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BlackBerry misses 4th-quarter revenue est despite rebound in software sales

Canada's BlackBerry Ltd missed Wall Street estimates for fourth-quarter revenue on Tuesday, even as the company said sales of its QNX car software showed improvement

Honda Motor recalls 761,000 vehicles worldwide to replace fuel pumps

Honda Motor Co said on Tuesday it will recall about 761,000 vehicles worldwide to replace fuel pumps that could fail and lead to engine problems

Saudi announces $1.3 trn pvt sector investment push led by Aramco, SABIC

The move aims to mobilise the Gulf Arab state's private sector to help wean the economy off its reliance on oil exports, which still account for more than half the state's income

China's Xiaomi to invest $10 billion in new EV unit over 10 years

China's Xiaomi announced plans to invest $10 billion in a new smart EV business, and separately to release a self-developed computing chip, as the group expanded out of its core smartphone business

China's factory growth accelerates most in 3 months, bolsters recovery

China's manufacturing activity expanded at the fastest pace in three months in March as factories cranked up production after a brief lull during the Lunar New Year holidays

Wells Fargo says no losses from Archegos downfall

Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and it did not experience any losses related to the closing of its exposure

India blocks two bank accounts of China's ByteDance in tax case: Report

ByteDance has mounted court challenge against directive, say sources; account freeze can hit ByteDance salaries, employees in India

Pakistan PM Imran Khan replaces finance minister as part of govt shake-up

Hammad Azhar, the minister for industries and production, will replace Abdul Hafeez Shaikh

After Visa, PayPal Holdings launches cryptocurrency checkout service

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said

Leaders of 23 countries back pandemic treaty idea for future emergencies

The idea of such a treaty, also aimed at ensuring universal and equitable access to vaccines, medicines and diagnostics for pandemics, was floated by the chairman of European Union leaders

Suez Canal races to clear backlog as shipping convoys resume

By Nadeen Ebrahim

Pakistan to get 3 mn doses of Covid-19 vaccines from China's CanSino

Pakistan began a vaccination drive last month with over a million doses of Sinopharm vaccines donated by long-time ally China

Gold price slides 2% to three-week low on strong US dollar, yields

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

BioNTech-Pfizer raise 2021 Covid-19 vaccine output goal to 2.5 bn doses

Pfizer previously said the partners would likely produce between 2.3 billion and 2.4 billion doses in 2021

Volkswagen confirms it will rebrand its US unit as 'Voltswagen'

The revised name takes effect in May and the announcement came after several outlets on Monday reported on a draft release mistakenly posted on the automaker's US website.

GameStop shakeup rolls on, hires Amazon executive as chief growth officer

The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading

Apple to host developers event online again as Covid-19 cases surge

Apple said the event will be streamed for free again on its developer app or website

Nomura faces tough questions over global plans after US client loss

Nomura and other investment banks may lose more than $6 billion after lending to Archegos Capital, a US investment firm run by former Tiger Asia manager Bill Hwang

Airbus sees medium-haul air travel recovery by 2023, says report

Chief Executive Guillaume Faury said on a webcast on Tuesday that the recovery in air travel in Europe had been "very disappointing" so far in 2021 but that traffic was rebounding in the United States

Germany to discuss AstraZeneca Covid-19 shots after blood clot reports

Health Minister Jens Spahn will talk with his regional counterparts at 1800 CET (1600 GMT), a ministry spokesman said