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Facebook 'unfriends' Australia in warning for rest of the world

Govt hits out at tech giant after emergency sites blocked over decision on proposed media law

Apple lobbies for India incentives as it plans iPad assembly: Report

Apple assembles a bulk of its iPads in China, but is fast diversifying production to markets such as India and Vietnam

GameStop frenzy sparks wave of investor interest in stock-trading apps

GameStop frenzy sparks wave of investor interest in stock-trading apps

Hedge funds, Robinhood face grilling by US Cong over GameStop Reddit rally

The Reddit rally drove massive volatility in GameStop and other shares, prompting the post-trade "clearing" houses that guarantee trades to call for billions of dollars in extra collateral from Robinh

Switzerland's monthly gold exports to India hit highest since May 2019

ndia and China are the world's two biggest gold consumers

Brent crude oil prices give up gains after rising above $65 on Texas freeze

U.S. West Texas Intermediate (WTI) crude futures rose 5 cents to $61.19 a barrel, after earlier reaching $62.26, the highest since Jan. 8, 2020

Nissan plans more UK investment as it rolls out green technology

Nissan said in January it would source more batteries in Britain as a result, and on Thursday its Europe boss Gianlucca de Fichy told reporters it planned further investment

Thyssenkrupp ends talks with Britain's Liberty on steel unit sale

The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel

Market mayhem: How were more than 100% of Gamestop shares be shorted?

Short sellers borrow shares from brokers and then sell them into the market, with the agreement that they will buy the shares back and return them to the lender at an agreed upon time.

Facebook shares dip as Wall Street ponders Australia news fallout

Along with Google owner Alphabet, it now controls more than half of the digital advertising markets globally

Ford puts projects with M&M on hold as it reassesses India strategy: Report

The two other sources said they expect Ford to make a decision in about a month on whether to proceed with Mahindra in a different form or not

Wall Street slips at open on gloomy jobless claims data, tech slide

The Dow Jones Industrial Average fell 54.4 points, or 0.17%, at the open

Debt-laden world, rising bond yields: a toxic taper tantrum combo

Global debt today stands at $281 trillion

Airbus axes dividend for second year, forecast disappoints after 2020 loss

The company's decision to restore key business targets is the latest evidence of a tentative return towards normal after the pandemic, which has severely hurt air travel

India's inflation target band up for review: Finance minister Sitharaman

The current inflation target band is at 2%-6%

Brent gives up gains after rising above $65 on Texas freeze

Prices also gained support from a larger-than-anticipated draw in the US crude oil inventories

Anger mounts as Facebook's Aus news ban sweeps up charities, govt pages

Facebook's reach in Australia is powerful. It has more than 11 million users in a population of 25 million

Barclays resumes dividend after a year-long hiatus as annual profit halves

Barclays shares, however, fell as much as 5 per cent, after the payout plans and a vague outlook set out with no profit targets left investors underwhelmed

Researchers urge govts to delay Pfizer vaccine's second dose, cite data

Danuta Skowronski and Gaston De Serres said their findings were derived from Pfizer's documents submitted to the US FDA

Three bodies found after mishap at ArcelorMittal South Africa steelworks

A coke battery stack at the steel plant collapsed, the company said