Page 1071 - Reuters

Oil prices edge higher as tight supply outweighs coronavirus spread

Brent crude futures rose 23 cents, or 0.3%, to $74.73 a barrel by 1150 GMT

Flipkart to challenge Karnataka HC order on CCI probe in SC: Report

The High Court in Karnataka state last week dismissed cases filed by Amazon and Flipkart which sought to quash the Competition Commission of India's (CCI) 2020 investigation

Tencent's WeChat suspends new user registration for security compliance

Shares in Tencent plunged 9.0% in Hong Kong on Tuesday

Asian stock markets decline to seven-month low amid China jitters

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.97% to its lowest level since December, having slid 2.45% the previous day.

China's net gold imports via Hong Kong rebound in June, jumps nearly 42%

Net gold imports via Hong Kong to China, the world's top consumer of the metal, stood at 30.887 tonnes in June compared with 21.781 tonnes in May, the data showed.

Amazon eyes potential stake in Indian film, media biz; Inox denies report

Amazon.com Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported

Tesla posts record profits, offers muddy outlook for batteries, Cybertruck

For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation.

Gold stuck in narrow range as investors focus on US Fed's meeting this week

Spot gold was flat at $1,797.71 per ounce by 0324 GMT. US gold futures fell 0.1% to $1,797.70 per ounce.

Joe Biden, Kadhimi seal agreement to end US combat mission in Iraq

The agreement comes at a politically delicate time for the Iraqi government and could be a boost for Baghdad

China's industrial profit growth slows in June on high raw material prices

Industrial firms' profits rose 20% year-on-year in June to 791.8 billion yuan ($122.27 billion), data from the National Bureau of Statistics showed on Tuesday, after a 36.4% increase in May.

ShareChat raises $145 mn from Temasek, others at near $3 bn valuation

The funding signals growing fascination for Indian content-sharing and short-video apps.

Asia equities tick up, as investors look to the US; Nikkei rises 0.58%

By Alun John

Oil inches up as tight supply, vaccinations outweigh virus concerns

By Sonali Paul

Logitech sales rise 66% on higher demand amid work-from-home activity

Computer peripherals maker Logitech said it was seeing no let-up in demand from stay-at-home workers, after reporting higher operating income and sales at the start of its 2022 business year.

Global growth to stay strong but coronavirus the top risk, say economists

A global survey of nearly 500 economists taken this month also concluded recent rising inflation in key economies around the world would be transitory.

Tesla beats profit and revenue estimates, delays Semi launch; shares up 1%

Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share

Lockheed's F-35A could face first price rise in years as inflation bites

Lockheed Martin said future F-35A fighter jets could be more expensive as rising inflation and customer demands halt a 64% drop in price since the jet was first introduced in 2007

Chinese tutoring firms could spin-off units, boost non-academic tutoring

Battered by a regulatory crackdown, China's multi-billion dollar private tutoring sector could seek to separate its business segments and bulk up non-academic tutoring as it tries to soften the blow

PayPal to research transactions that fund hate groups, extremists

PayPal is partnering with non-profit organisation Anti-Defamation League to investigate how extremist and hate movements in US take advantage of financial platforms to fund their criminal activities

Facebook, tech giants to target manifestos, far-right militias in database

Over next few months, group will add attacker manifestos - often shared by sympathizers after white supremacist violence - and other publications and links flagged by UN initiative Tech Against Terror