Page 1064 - Reuters

Google employees who WFH could lose money; FB, Twitter also cut pay

It is an experiment taking place across Silicon Valley, which often sets trends for other large employers

Pfizer shares hit record high with Covid-19 vaccine stocks on a tear

The percentage gain was the stock's biggest one-day rise since Nov. 9, when Pfizer released positive data for its Covid-19 vaccine

McDonald's faces Italian antitrust probe into franchise terms

The watchdog said a series of pervasive and binding clauses on prices, promotions, stocks, supplies and purchases, financial management, among others, could be seen as elements of abusive conduct

Delta tears across US, cases and hospitalisations at six-month high

Nationwide, Covid-19 cases have averaged 100,000 for three days in a row, up 35 per cent over the past week, according to a Reuters tally of public health data

Zomato's Q1 consolidated net loss widens to Rs 356 cr

Non-cash employee stock ownership plan expenses increased in the first quarter and also affected results, the company added

US Treasury yields extend rises on Federal Reserve's taper talk

The dollar also scaled a four-month high versus the euro as investors looked ahead to U.S. inflation numbers on Wednesday

UN climate report increases urgency for green investment funds

A UN climate report on Monday found that global warming is dangerously close to spiraling out of control

'DeFi' crime hits record high in first 7 months of 2021: CipherTrace

Losses from theft, hacks, and fraud in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year

Volkswagen joins Tesla in call for lower import tax on EVs in India

Cutting duties on electric vehicles even to 25% would not pose a "big threat" to domestic players, says German carmaker's India head

Google restricts ad targeting based on age, gender of people under-18

It also said it would turn off its "location history" feature, which tracks location data, for users under 18 globally

SoftBank pauses China investing as tech crackdown roils portfolio

SoftBank to wait and see on China, says Chief Executive Masayoshi Son

Indian rupee slips to near two-week low on US Fed taper talk

The Indian rupee weakened on Tuesday to its lowest level in almost two weeks, in line with other Asian currencies

US Treasury yields extend rising run on Federal Reserve's taper talk

The dollar also scaled a four-month high versus the euro

China anti-graft body criticizes business drinking after Alibaba scandal

On Sunday, a female Alibaba staffer alleged that she was sexually assaulted by her manager and a client while on a business trip.

Dollar hits 4-month high against euro on Federal Reserve's taper talk

The 10-year Treasury yield rose to as high as 1.336% in London trade, its highest in more than three weeks.

Oil recovers from three-week low amid surge in Delta variant infections

(Refiles to add dropped number in second paragraph - $67.47, not $7.47)

SoftBank's Vision Fund posts $2 bn Q1 profit, share weakness casts shadow

China regulatory action has hit valuations, but sees further upside from listing of Paytm, Policybazaar

Apple says photos in iCloud will be checked by child abuse detection system

Apple Inc on Monday said that iPhone users' entire photo libraries will be checked for known child abuse images if they are stored in the online iCloud service

Oil prices slide to 3-week low on China's virus curbs, strong dollar

A United Nations panel's dire warning on climate change added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suffered deadly floods last month

China central bank to keep monetary policy 'flexible and appropriate'

In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample