Page 1153 - Reuters

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.

Adani Ports removed from S&P index due to links with Myanmar military

S&P Dow Jones Indices on Tuesday said it had removed India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to its relationship with Myanmar's military

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

India becomes 60th nation to approve Sputnik V Covid-19 vaccine: Russia

Sputnik V, developed by Moscow's Gamaleya Institute, has proved 91.6% effective against Covid-19

Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators

Beijing-headquartered Waterdrop distributes insurance policies online and provides illness crowd-funding

Intel promises help for automakers as Biden works to fix chips shortage

The global chip shortage stems from a confluence of factors as carmakers, which shut plants during the Covid-19 pandemic last year

Microsoft doubles down on cloud healthcare business with $16 bn Nuance buy

The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation

Microsoft buys AI firm Nuance Communications in $19.7-billion deal

With operations in 28 countries, the Burlington, Massachusetts-based company reported $1.5 billion in revenue in fiscal-year 2020

'I'm so excited': England reopens with pints pulled, shopping sprees

Hundreds of people queue for Primark and JD Sports; drinkers lift a pint after midnight as pubs open

Oil price rises nearly 2% on US vaccine rollout, Middle East tension

Crude prices have remained rangebound in the past three weeks, as growing expectations of surging U.S. economic activity are balanced by the slow rate of vaccination in Europe

S&P 500, Dow ease from record levels; earnings results, data in focus

The S&P 500 technology sector fell the most among the 11 major S&P 500 sectors

Businesses in India's richest state choke under new Covid-19 curbs

Maharashtra, one of India's most urbanised and industrialised states, accounts for nearly 15% of the country's gross domestic product and is crucial for its economic recovery

Oil prices climb on favourable outlook for United States fuel demand

Oil prices climb on favourable outlook for United States fuel demand

Asia shares anxious for earnings season, United States data deluge

Chinese blue chips lost 1.5% ahead of a rush of economic figures from the country.

Apple agrees to testify before US Senate on app store antitrust concerns

App makers have long complained that mandatory revenue sharing payments and strict inclusion rules set by Apple's App Store for iPhones and iPads

Alibaba to lower entry barriers after record antitrust fine, shares rally

Alibaba Group CEO Daniel Zhang said on Monday he does not expect any material impact from the change of exclusivity arrangement imposed by China's regulators