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UK extends furlough scheme by five months, gives more help to self-employed

Britain will extend its huge job-protecting furlough programme by five months until the end of Sept and expand parallel support for the self-employed, finance minister is due to announce

Britain to modernise, ease listing rules to buttress London after Brexit

The London Stock Exchange is facing tougher competition from NYSE and Nasdaq in New York, and from Euronext in Amsterdam since Britain fully left the European Union on Dec. 31

Oil falls to two-week lows as OPEC+ nations seen easing supply curbs

OPEC Secretary General Mohammad Barkindo said the outlook for oil demand was looking more positive, particularly in Asia

Wall Street retreats, stocks edge down as investors hit pause, watch bonds

The subdued performance of the three major Wall Street indices followed a flat close in Europe and slipping shares in Asia

US Fed officials emphasise policy 'patience' as market outlook improves

The Fed will need a "big dose of patience in the summer," she added, as inflation likely picks up sharply but temporarily

Oil slips on fears over higher OPEC supply, slower China demand

Brent crude dropped 14 cents or 0.2% to $63.55 a barrel by 1145 GMT, after losing 1.1% the previous day

Amazon issues rare apology in India over 'Tandav' portrayal of religion

In a statement titled "Amazon Prime Video Apologizes", the company on Tuesday said it deeply regrets viewers considered certain scenes to be objectionable

6-week sprint got Canada's nod for AstraZeneca Covid-19 vaccine

Health Canada's relatively fast approval was underpinned by SII and Verity's four years of working to bring a cancer treatment to Canada

India woos Tesla with offer of cheaper production costs than China

But India faces a big challenge to win a production commitment from Tesla

US President Joe Biden's SEC nominee vows review of GameStop trading issues

As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing

Oil steady before OPEC+ talks on supply amid economic recovery

OPEC Secretary General Mohammad Barkindo said the outlook for oil demand was looking more positive, particularly in Asia

OPEC president says oil market rebalancing, pandemic still a risk

OPEC and other key exporters such as Russia, a grouping dubbed OPEC+, meet on Thursday and are expected to discuss allowing as much as 1.5 million barrels per day (bpd) back into the market

Myanmar's neighbours press for Suu Kyi's release, restoration of democracy

ASEAN foreign ministers held talks with a representative of the junta in a video call two days after the bloodiest day of unrest since the military overthrew Suu Kyi's elected government

Hertz set to ride out of bankruptcy with $4.2 bn from investment firms

"We've been...repositioning our business as we prepare for increased travel demand as the pandemic subsides," Chief Executive Paul Stone said

Merck to help make Johnson & Johnson's Covid-19 vaccine, says report

President Joe Biden is expected to make the announcement on Tuesday, the report said

Facebook Oversight Board changes timeline rules for action on case appeals

Under the new rules, the timeline of stipulated 90 days for Facebook's action will start when the board takes up a case for review

COVAX vaccine programme to deliver 237 mn doses to 142 nations by end-May

The timeline for the delivery of doses, made by AstraZeneca and by India's Serum Institute, will be split into separate two-month schedules, COVAX said in a statement

Wall Street's main indices open little changed after strong rally

Investors closely monitored the bond market as well as progress on the next round of fiscal stimulus

Merck to help make J&J's coronavirus vaccine: White House official

The deal with J&J comes just days after the US government authorized its one-dose Covid-19 vaccine and as the company looks to increase its production

Fauci says US must stick to two-shot strategy for Pfizer, Moderna vaccines

Fauci said on Sunday he was encouraging Americans to accept any of the three available Covid-19 vaccines