Page 1152 - Reuters

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.

China-based ByteDance's gaming unit Nuverse acquires C4games: Details here

China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign

Maharashtra shuts most manufacturing, restricts e-comm to fight Covid-19

The curbs - which start Wednesday - could hit auto companies like Tata Motors Ltd, Bajaj Auto Ltd, and Mahindra & Mahindra Ltd which operate factories in the state

Joe Biden set to withdraw US troops from Afghanistan by September 11

Biden's decision would miss a May 1 deadline for withdrawal agreed to with the Taliban by his predecessor Donald Trump

Siri spills the beans on Apple event. Block your calendars for April 20

Siri, who is proficient at stone walling curious Apple fans quizzing it about new products and upcoming events, prematurely seemed to have revealed the plan to hold an event next Tuesday.

Higher rates offset by positive US spillovers: IMF chief economist Gopinath

She told a Peterson Institute for International Economics event that the better outlook is increasing demand for exports from many countries

IMF paints a rosy picture, says Asia's economy to grow 7.6% in 2021

The IMF expects Asia's economy to grow 5.4 per cent in 2022

US calls for pause on J&J's Covid-19 vaccine after 6 clotting cases

The USFDA said one person had died from the rare blood clotting condition after taking the J&J vaccine and another was in a critical condition

Cipla doubles remdesivir production to meet 'unprecedented' demand

Just two months ago, Cipla had projected falling demand for remdesivir in India as coronavirus infections were on a steady decline.

S&P 500, Nasdaq up as technology stocks rise after J&J vaccine pause

Technology and consumer discretionary sectors, which house high-flying technology names that tend to outperform during times of economic uncertainty, rose 0.6% and 0.4%, respectively.

S&P 500 opens nearly flat after strong inflation data; J&J slips

The S&P 500 opened nearly flat on Tuesday as data showed consumer prices increased by the most in more than 8-1/2 years in March

Toshiba activist investor Oasis unimpressed by CVC's $20 billion offer

U.S. hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers, but Oasis is the first to present what it considers a fair price.

Grab to unveil world's biggest SPAC merger, valued at nearly $40 bn: report

The deal for Grab, which was valued at just over $16 billion last year, will be a big win for its early backers such as SoftBank Group Corp and China's Didi Chuxing.

Britain offers all over-50s first Covid shots, Moderna rollout begins

Britain has offered shots to high-priority groups; PM Boris Johnson aims to offer all adults a shot by July-end

Oil prices climb on robust China data, Middle East tensions

Brent crude oil futures were up 37 cents

Gold retreats on firm dollar, yields; United States inflation data eyed

A stronger dollar pressures gold as the metal becomes expensive for buyers outside the United States

Bitcoin rallies to all-time high of $62,741 before landmark Coinbase IPO

Bitcoin is the world's biggest cryptocurrency

China warns online platform companies to halt anti-competitive practices

China's market regulator said on Tuesday it had warned nearly three dozen internet "platform" companies to stop using any banned practices

China exports rise at robust pace in Mar, imports growth highest in 4 years

Despite sporadic Covid-19 cases in China's border cities, authorities have been able to contain the virus in a boost to factory activity as production has gradually picked up to pre-pandemic levels