Page 1101 - Reuters

India's Covid vaccination pace seen dwindling from first day record

Mass vaccination drive faces challenges of vast hinterland and vaccine shortage; an expert says daily rate could fall to between 4 mn-5 mn

UK government borrowing falls as economic recovery boosts tax revenues

British public borrowing fell in May from sky-high levels of a year earlier when the government was ramping up a huge spending response to the coronavirus crisis

Explainer: What's happening with Tesla's $7 billion German 'gigafactory'?

Next Thursday, July 1, was supposed to be a day of celebration for Tesla: the opening of its self-styled "gigafactory" in the tranquil German municipality of Gruenheide, just outside Berlin

Gold edges higher on subdued dollar ahead of Jerome Powell's testimony

Gold inched higher on Tuesday as a halt in the dollar's rally bolstered the appeal of the precious metal ahead of US Federal Reserve Chairman Jerome Powell's testimony to Congress

London-based hedge fund that bet against GameStop shuts down: Report

A London-based hedge fund that suffered losses betting against US retailer GameStop Corp during the first meme stock rally in January is shutting down, a report said

Nissan Motor CEO says performance for April, May better than expected

Nissan Motor Co's financial performance in April and May was better than expected, the automaker's president said at the annual general meeting (AGM) on Tuesday

Canada's climate plan charts hard road ahead for high-polluting oil sands

Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge

Bitcoin steadies in Asia trading after plunge over China crypto comment

Bitcoin stabilised in Asian trading a day after a statement from China's central bank reaffirming the crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low

India plans tighter e-commerce rules amid complaints over Amazon, Flipkart

India proposed banning flash sales on e-commerce websites and said their affiliate entities shouldn't be listed as sellers on their platforms, in a proposed tightening that could hit Amazon, Flipkart

China cuts 2nd batch of crude oil import quotas for pvt refiners: Report

China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last year, according to a report

Oil price falls but sentiment stays strong on demand recovery hopes

Brent crude futures for August eased 10 cents, or 0.1%, to $74.80 a barrel by 0110 GMT, while US West Texas Intermediate (WTI) crude for July was at $73.44 a barrel, down 22 cents, or 0.3%

India's May crude oil imports dip as coronavirus pandemic curbs demand

India's May crude oil imports slipped to their lowest in three months as fuel demand sagged amid a second wave of the pandemic that crimped economic activity and mobility, data showed on Monday

Tesla to hold AI Day in 'about a month' for hiring, says Elon Musk

Tesla Inc chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"

Walmart's Flipkart tells court it offers lower fee if sellers cut prices

Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge in early June dismissed the companies' pleas.

UN rights chief seeks Xinjiang visit this year, says HK trials key test

Bachelet is under growing pressure from Western states to secure unfettered access to Xinjiang

Bank, oil stocks lead Dow higher by 500 pts, sees best day since mid-May

Value stocks outperform growth names; crypto stocks drop as China deepens mining crackdown

Gulf states will take at least 10 years to end oil dependence: Moody's

Reliance on the energy sector will be the 'key credit constraint' for the six countries forming the Gulf Cooperation Council (GCC), the ratings agency said in a report on Monday

India's roadside restaurateurs count cost of coronavirus pandemic

Given low vaccination rates, experts are already warning of a third wave later this year.

Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14

Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.