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Amid RIL deal woes, Future's creditors scramble over $2.5-bn loans: Report

Future may face liquidation if the deal falls through and banks are actively discussing an alternate one-time restructuring option, say four bankers with knowledge of the matter

Tata Group to buy 68% stake in BigBasket for Rs 9,500 crore: Report

BigBasket top management are likely to stay on for three to four years, the report said

Haven't asked Serum to take back 1 mn Covishield doses, says South Africa

South Africa plans to share AstraZeneca shots via African Union, says Anban Pillay, deputy director-general at the Department of Health

World's most popular crypto Bitcoin within a whisker of $50,000

Bitcoin has been on a tear in recent times

Bristol-Myers, Sanofi to pay Hawaii $834 mn over Plavix warning label

Bristol-Myers and Sanofi, which produced Plavix in a partnership, in a joint statement vowed to appeal, saying the decision was "unsupported by the law and at odds with the evidence at trial"

World stocks look to extend bull run to 12th day on economic optimism

Oil prices soared to a 13-month high as a deep freeze due to a severe snow storm in the United States not only boosted power demand but also threatened oil production in Texas

Incoming WTO head warns 'vaccine nationalism' could slow pandemic recovery

The former Nigerian finance minister and senior World Bank executive was appointed on Monday in a consensus process and starts her new job on March 1

Bill Gates warns that manufacturing could challenge climate goals

"That's the sector that bothers me the most," Gates said in a video interview with Reuters ahead of the publication this week of his book, "How to Avoid a Climate Disaster"

Incoming WTO head warns 'vaccine nationalism' could slow pandemic recovery

Okonjo-Iweala told Reuters her top priority was to ensure the WTO does more to address the pandemic

Twitter a goldmine to track consumer mood on prices: Bank of Italy

"The results suggest that Twitter can be a new timely source for devising a method to elicit beliefs," the authors of the 107-page study said

India may approve Russia's Sputnik V Covid-19 vaccine within next few weeks

Small human trials of the Russian vaccine have been ongoing in India

Oil prices soar to their highest in 13 months as market rebalances

Brent crude was up 93 cents, or 1.5%, at $63.36 a barrel

J&J's vaccine implementation study in South Africa gets regulator nod

South Africa has yet to launch its Covid-19 vaccination programme and the government has decided to go with the J&J dose

Cable One to buy telecom firm Hargray Communications in $2.2 bn deal

Cable One said the deal would help the company expand its presence into the Southeastern US markets

S.Africa's Eskom to spin off transmission business by end-2021: CEO

President Cyril Ramaphosa announced a plan to divide the cash-strapped utility into three units in 2019, but the process has stalled and nationwide blackouts have continued

AB InBev takes Constellation to US court over Corona brand name

Constellation has used the name for its Corona Hard Seltzer, a sparkling water with alcohol and flavouring, one of several seltzer drinks that have become very popular in the United States

Nigeria's Okonjo-Iweala makes history as head of WTO

As director-general, a position that wields limited formal power, Okonjo-Iweala, 66, will need to broker international trade talks in the face of persistent U.S.-China conflict

Iran says it will snap IAEA inspections if nuclear deal terms not met

The Biden administration aims to return the United States to the nuclear deal, which his predecessor Donald Trump abandoned in 2018

UK auditing Indian vaccine site amid scramble for shots: Report

The inspection comes as countries around the world scramble to secure vaccine supplies amid supply disruptions

Ford dissolves its 7.6% stake in Velodyne Lidar: Regulatory filing

Velodyne Lidar is a maker of sensors used in self-driving cars