Page 1090 - Reuters

Oil rises as OPEC fuels demand hopes amid new Covid-19 worries

By Jessica Resnick-Ault

Elon Musk says may need $30 billion to keep Starlink in orbit

By Supantha Mukherjee and Clara-Laeila Laudette

India cuts crude palm oil import tax, potentially boosting imports

The lower tax rate will apply from June 30 to September 30, the government said

United Airlines confirms its largest ever order for Boeing and Airbus jets

United is the most exposed US airline to international travel, which suffered heavily during the coronavirus pandemic

International cooperation answer to challenge posed by Covid: Jaishankar

Jaishankar pushes for vaccine equity as G20 foreign ministers meet face-to-face for the first time in two years

Oil firms as demand hopes outweigh rise of COVID-19 variant

Brent crude futures were up 50 cents, or 0.7%, at $75.18 a barrel by 1400 GMT, having slumped by 2% on Monday.

India sees fuel demand recovery to pre-pandemic level by end-2021

Local fuel consumption- a proxy for oil demand - in May slumped to its lowest since last August as lockdowns and restriction in several states stalled mobility and muted economic activity

Five drugmakers to jointly start local trial of Merck & Co's Covid-19 drug

Five Indian generic drugmakers said on Tuesday they would jointly conduct a clinical trial in India for Merck & Co's experimental anti-viral drug to treat mild COVID-19 in non-hospitalised patients.

Sanofi to invest 400 million euros in mRNA vaccines development

The mRNA technology has proven both effective and safe so far in the vaccine response to COVID-19, including in response to the virus' variants.

Five Indian drugmakers to jointly start trial of Merck & Co's Covid-19 drug

The drugmakers include Cipla and Dr Reddy's Laboratories

J&J in talks with Indian govt to speed up delivery of its Covid-19 vaccine

The Economic Times newspaper reported earlier on Tuesday that the company would no longer undertake local trials for its vaccine

Paris gets new JPMorgan trading hub in post-Brexit push for banking jobs

French President Emmanuel Macron inaugurated the trading hub

Global stock markets on edge over Delta virus variant, Fed policy

European stocks, as measured by the pan-European STOXX 600 index, were up 0.4%

TP ICAP to launch crypto trading platform with Fidelity, Standard Chartered

TP ICAP is the world's biggest interdealer broker

Google restores YouTube, Gmail services after multiple users face outage

Platforms including Google, YouTube, and Gmail were down, with users citing issues with login and accessing the website in parts of North America, according to Downdetector.

Elon Musk set to tout Starlink progress as cost, demand hurdles linger

Musk on Tuesday is expected to discuss Starlink's progress in a speech at the Mobile World Congress telecommunications event

Lifetime carbon emissions of electric vehicles versus gasoline cars

Data generated by an Argonne National Laboratory model determines at what point a typical electric vehicle becomes cleaner than an equivalent gasoline car in terms of its lifetime carbon footprint

When do electric vehicles become cleaner than combustion-engine cars?

the production of a mid-sized EV saloon generates 47 grams of CO2 per mile during the extraction and production process. By comparison, a similar gasoline vehicle generates 32 grams per mile

Google takes down maps targeting hundreds of Thais accused of opposing king

Google took down two Google Maps documents on Monday that had listed the names and addresses of hundreds of Thai activists who were accused by royalists of opposing the monarchy

Asian shares pressured by fears over Delta virus variant, US data in focus

Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery