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China's Didi Global raises $4.4 billion in upsized US IPO: Report

Chinese ride-hailing company Didi Global Inc raised $4.4 billion in its US IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to sources

China's factory activity growth dips to four month low in June: PMI

Growth in China's factory activity dipped to a four-month low in June, weighed by higher raw material costs, global shortage of semiconductors and a resurgence of Covid cases in major export province

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

Brent crude futures settled up 8 cents, or 0.1%, at $74.76 a barrel, having slumped by 2% on Monday

World must remove 1 billion tonnes CO2 by 2025 to meet climate goal: Report

Projects in development will remove only a fraction of the amount of carbon dioxide (CO2) from the air that needs extracting by 2025 to meet the global Paris climate target

Global shares edge lower on new Delta Covid-19 variant outbreaks in Asia

MSCI's all country world index, which tracks shares across 50 countries, fell 0.32 points or 0.04%, as declines in Asian equities undercut new highs in European and US markets

Yellen, Sitharaman discuss shared interest in 'robust' minimum tax

US Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said

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