Page 1068 - Reuters

Astra's Covid-19 vaccine sales triple in Q2, top $1 billion in H1

Firm exploring whether vaccine biz is sustainable for next 5-10 years: Official

US economy returns to pre-pandemic size, grows 1.6% in Q2: Report

On an annualised basis, second-quarter growth was 6.5 per cent

LinkedIn allows staff to work fully remote, removes in-office expectation

By Danielle Kaye

Mastercard profit beats estimates on consumer spending, travel boost

Mastercard saw improved strength in travel between the Unites States and Latin America, as well as an increase in travel within Europe, Miebach said on a conference call.

Merck sees recovery in non-Covid vax demand, quarterly sales beat estimates

Merck & Co reported quarterly revenue that topped Wall Street estimates, as sales of its Gardasil vaccine bounced back and demand for blockbuster cancer drug Keytruda remained strong

US economy returns to pre-pandemic level; labor market healing

The pace of GDP growth reported by the Commerce Department on Thursday was, however, slower than economists had expected.

Oil prices edge higher on inventory drawdowns, Brent tops $75 a barrel

Oil prices rose on Thursday as crude stockpiles in the United States, the world's top oil consumer, fell to their lowest since January 2020

Didi Global denies media report it plans to go private after $4.4 bn IPO

Shares in Didi, which jumped as much as 40% to $12.42 in premarket trading after the report, pared gains after trading opened on Wall Street.

Asked on Porsche IPO, VW CEO says we have to 'consider' tapping markets

His remarks came a day after Volkswagen unveiled a bid to buy Europcar jointly with Attestor and Pon Holdings via vehicle called Green Mobility Holding.

Hear no evil, see no evil: How Credit Suisse ignored Archegos warnings

The Swiss bank suffered by far the most of all peers from financing the fund's risky market bets

US economy grows solidly in second quarter; weekly jobless claims fall

Though the fiscal boost is fading and COVID-19 cases are rising in states with lower vaccination rates, consumer spending will likely continue to grow.

Indian traders sign sugar export deals in advance as frost hits Brazil

Traders said the likely decline has already lifted sugar prices near their highest levels in 3-years

Australia's Fortescue teams up with JSW Energy for hydrogen projects

Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India.

Panasonic's Q1 profit soars 27-fold on demand for car batteries, appliances

Panasonic, a key supplier of batteries to Tesla Inc, has moved away from low-margin consumer electronics

China's efforts to calm investor jitters help stock markets rebound

China stocks had their best day in two months on Thursday

India rupee at over 3-week high on Fed's dovish stance, gains in equities

The dollar also slipped to multi-week lows in Asian trading on Thursday

Nokia lifts full-year outlook as turnaround takes root, shares rise

Nokia last week got its first contract in China for supplying 5G radios, giving it access to one of the largest 5G markets

SoftBank sells 45 mn shares in Uber after Didi bet backfires: Report

Uber shares fell 4.6% at $44 in extended trading before erasing most of its losses.

Festivals, weddings to bolster India's gold demand in 2nd half of 2021: WGC

Higher demand from the world's second-biggest gold consumer could support global prices that have corrected nearly 4% so far in 2021

Samsung Electronics forecasts strong chip demand as Q2 profit jumps

The world's top maker of memory chips and smartphones posted a 54% jump in operating profit for the second quarter, its strongest result in more than two years