Page 1076 - Reuters

Israel sets up team of ministers to examine NSO spyware allegations: Report

The team is headed by Israel's National Security Council, which answers to Prime Minister Naftali Bennett and has broader areas of expertise than the Defence Ministry

Infosys reopens offices as India Inc eyes long road back to work

The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution across the sector

Harley Davidson's turnaround plan gains traction, shows signs of progress

The 118-year-old American brand, which has been steadily losing U.S. market share amid declining retail sales for six years, has shifted focus back to big bikes

Verizon results beat estimates as 5G push attracts more customers

Verizon added 275,000 postpaid phone subscribers in the second quarter, above FactSet estimates of 174,800, as the reopening of its stores also helped drive subscriber growth.

Central banks will accelerate rise of China's yuan, global survey shows

The Global Public Investor survey, published annually by the London-based OMFIF think tank, showed 30% of central banks plan to increase yuan holdings over the next 12-24 months

Warning signs for global recovery as Delta variant dims outlook

Coinciding with a resurgence in the Delta variant of COVID-19, markets may be sending alarm signals about the global economic outlook,

Apple to upgrade budget handset to 5G, drop iPhone Mini from 2022 lineup

Apple Inc's cheapest handset will support 5G technology in its next iteration and its iPhone Mini will not be included in its 2022 lineup, Nikkei reported

Coca-Cola raises revenue forecast as demand rebounds on reopening boost

Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums.

Stocks bounce, bond prices fall across Europe ahead of key ECB meeting

With a key European Central Bank meeting on Thursday expected to convey a dovish tone and provide a further boost, the benchmark STOXX index of the region's 600 largest shares rose 0.5%.

Johnson & Johnson forecasts $2.5 bn in Covid-19 vaccine sales this year

Johnson & Johnson forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna

US private equity fund Lone Star lays off majority of Asia staff: Report

The people accounted for more than 75% of the total workforce in Asia ex-Japan

Netflix growth plan tops Wall St watchlist as lockdown love fades

Netflix has forecast it would add just 1 million subscribers globally in the second quarter, a tenth of what it added a year ago when COVID-19 restrictions forced people to seek entertainment at home.

Bitcoin climbs back over $30,000 as mood in financial markets fragile

Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile

Gold price eases as dollar steals safe-haven thunder, yields rebound

Gold eased on Wednesday as the dollar emerged as the preferred safe-haven bet amid fears that the highly contagious Delta coronavirus variant may stall a global economic recovery

Asian shares and US Treasury yields rise as investors reassess rout

Asian shares and US Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic worries

Central banks, wealth funds going greener and more activist: Survey

Covid-19 is accelerating a shift by central banks and sovereign wealth and public pension funds to greener and more activist investment strategies, one of the largest annual surveys showed

E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end: Report

Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range

Apple Inc to release all 5G-enabled iPhones for 2022 lineup: Report

Apple Inc will release from next year only 5G-enabled iPhones and will revamp its budget handset after for the first time in two years, Nikkei reported

Oil prices retreat on unexpected build-up in US crude inventories

Oil prices fell on Wednesday after an industry report showed an unexpected build-up in US oil inventories last week

Verizon to make Google's Messages default app on Android devices from 2022

With that move, Verizon would join peers AT&T Inc and T-Mobile US Inc in propping up competition to Apple Inc's iMessage service.