Page 1120 - Reuters

Apple working on iPad Pro with wireless charging, new iPad Mini: Report

Apple Inc is working on a new iPad Pro with wireless charging and a redesigned iPad Mini in an attempt to build upon momentum for a category that saw improved sales during the pandemic

Global mergers and acquisition surges to record high for 3rd straight month

During the five months, 428 deals worth over $1 billion were struck, compared to 131 during the same period last year.

Gold prices hit over two-week low on stronger dollar, bond yields

US gold futures dropped 0.5% at $1,864.10 per ounce

Venezuelan oil, masked as Malaysian, rushes into China before fuel tax

China has over the past 12 months bought an estimated $3.5 billion worth of Venezuelan oil relabelled as Malaysian fuel

Crude oil prices slip on patchy coronavirus vaccine rollout concerns

Brent crude was down 29 cents, or 0.4%, at $71.02 a barrel by 0057 GMT, after falling 4 cents

Bitcoin drops after Elon Musk tweets broken-heart emoji for token

Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin.

Pershing Square SPAC nearing $40-bn deal with Universal Music Group: Report

A deal of that size, if completed successfully, would mark the biggest-ever merger involving a so-called special purpose acquisition company

Facebook ready to clear ad data access for partners, French watchdog

FMPs are part of a group of more than 100 technology providers that offer advertisers services to improve their online ad campaigns

Oil steady after sharp rise on improved fuel demand picture

Brent crude futures were up 16 cents, or 0.22%, at $71.51 a barrel by 1244 GMT after touching their highest since September 2019 at $71.99. The international benchmark had gained 1.6% on Wednesday

Tata Motors raises $425 mn in offshore bonds to pare debt, meet expenses

Of the proceeds raised, Tata will use $318 million to refinance existing loans and the rest to meet corporate expenses

Wall St falls as strong data fuels inflation fears; AMC falls sharply

The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May

US private payrolls beat estimates in May, mark biggest rise in a year: ADP

Private payrolls increased by 978,000 jobs last month, the ADP National Employment Report showed on Thursday

Asia shares ease from 3-month highs, caution ahead of US payrolls

Chinese shares were marginally firmer in a choppy session.

Asian equities clock biggest foreign outflows since March 2020

Thai and Indian equities saw net sales of $1.1 billion and $389 million, respectively.

World food price index surges in May to highest level since 2011 -FAO

On a year-on-year basis, prices were up 39.7% in May.

May Services PMI shrinks to 46.4 vs 54 in April; lowest level since Aug

Overall demand contracted at the sharpest rate since August, with foreign demand shrinking at the fastest pace since November

Govt considering edible oil import tax cut to lower prices, says report

The government will make a final decision to cut the taxes sometime this month

Govt signs deal with Hyderabad firm for 300 million Covid vaccine doses

The vaccine, which is currently undergoing phase-3 clinical trials, is likely to be available in the next few months.

Gold edges lower as dollar firms; focus on US economic data, Fed policy

On Tuesday, gold prices hit their highest level since January 8 at $1,916.40

World's coal producers now planning more than 400 new mines: Research

The world's coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity putting targets for slowing global climate change at risk.