Page 1007 - Reuters

Sony plans to enter electric vehicle market with new company this year

Japan's Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

India's services growth slows in December as inflation pressures persist

Business confidence was at a four-month high in December on robust demand, yet rising coronavirus infections kept it in check

China Evergrande to meet with yuan bondholders to delay redemption date

The bonds in question are Hengda Real Estate Group's 4.5 billion yuan ($156.92 million) 6.98% January 2023 bond, which gives bondholders the option to sell bonds back to the issuer this weekend

Hong Kong hunts Covid patient's contacts, orders cruise ship back to port

The global finance hub has stuck to a zero-Covid strategy by largely isolating itself from the world and enforcing a draconian and costly quarantine regime

US carrier Allegiant Air to buy 50 Boeing 737 MAX jets: Report

The 737 MAX planes will help Allegiant's growth strategy and replace aging aircraft over the coming years, though it will continue to be an Airbus operator.

Asian shares slip as rising US Treasury yields hit global tech firms

Asian stocks slipped on Wednesday following a mixed Wall Street session as higher US Treasury yields weighed on global tech firms

How Tesla weathered global supply chain issues that knocked rivals

By Hyunjoo Jin

Dollar hits five-year high versus yen as Fed hikes seen on course

The US dollar rose for a fifth straight day against the Japanese yen on Tuesday, hitting a five-year high

Apple retreats again as valuation tops $3 trillion for second day

Apple Inc's stock market value peaked on Tuesday for a second day above a $3 trillion, but the iPhone maker's shares again failed hold that gain by the session's end.

Samsung likely to report best fourth-quarter profit on solid chip demand

Samsung is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing

IMF delays release of new forecast to factor in Covid developments

The International Monetary Fund will release its World Economic Outlook on Jan. 25, a week later than planned, to factor in Covid developments

BlackBerry ends service on its once-ubiquitous mobile devices

Blackberry lost favour with users with the advent of Apple's touchscreen iPhones

Omicron: Data shows Covid-19 pandemic's end, US logs 1 million cases

Britain concerned over swamped health infra; China locks down 1.2 mn over 3 cases

Dollar jumps to five-year high versus yen; rupee slides 30 paise

The dollar index rose 0.009 per cent, with the euro up 0.03 per cent to $1.1297

Apple breaches $3 trillion market value again before slipping

Apple accounts for nearly 7% of S&P 500 index's value

Covid: WHO sees more evidence that Omicron causes milder symptoms

WHO sees some 'decoupling' of Covid cases and deaths; raising global vaccine rates will reduce Omicron's impact, says WHO

How Tesla weathered global supply chain issues that knocked rivals

Tesla boosted its deliveries by 87% to a record high in 2021, pushing up its shares up over 13% on Monday

Gold firms above $1800 per ounce as pandemic, inflation risks linger

Spot gold rose 0.2% to $1,804.89 per ounce by 1110 GMT, after recording its worst session in more than a month on Monday. U.S. gold futures rose 0.3% to $1,805.3

Dr Reddy's to launch Molflu at Rs 35 per capsule for Covid treatment

The overall cost for a patient treated with a 5-day course of 40 capsules of the generic drug, to be sold under brand name 'Molflu', will come up to Rs 1,400