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Johnson & Johnson forecasts $2.5 bn in Covid-19 vaccine sales this year

Johnson & Johnson forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna

US private equity fund Lone Star lays off majority of Asia staff: Report

The people accounted for more than 75% of the total workforce in Asia ex-Japan

Netflix growth plan tops Wall St watchlist as lockdown love fades

Netflix has forecast it would add just 1 million subscribers globally in the second quarter, a tenth of what it added a year ago when COVID-19 restrictions forced people to seek entertainment at home.

Bitcoin climbs back over $30,000 as mood in financial markets fragile

Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile

Gold price eases as dollar steals safe-haven thunder, yields rebound

Gold eased on Wednesday as the dollar emerged as the preferred safe-haven bet amid fears that the highly contagious Delta coronavirus variant may stall a global economic recovery

Asian shares and US Treasury yields rise as investors reassess rout

Asian shares and US Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic worries

Central banks, wealth funds going greener and more activist: Survey

Covid-19 is accelerating a shift by central banks and sovereign wealth and public pension funds to greener and more activist investment strategies, one of the largest annual surveys showed

E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end: Report

Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range

Apple Inc to release all 5G-enabled iPhones for 2022 lineup: Report

Apple Inc will release from next year only 5G-enabled iPhones and will revamp its budget handset after for the first time in two years, Nikkei reported

Oil prices retreat on unexpected build-up in US crude inventories

Oil prices fell on Wednesday after an industry report showed an unexpected build-up in US oil inventories last week

Verizon to make Google's Messages default app on Android devices from 2022

With that move, Verizon would join peers AT&T Inc and T-Mobile US Inc in propping up competition to Apple Inc's iMessage service.

USTR to join WTO negotiations on domestic services regulations

USTR said in a statement that the WTO Joint Statement Initiative on Services Domestic Regulation is an opportunity to improve the transparency and fairness of processes for obtaining overseas licenses

Crypto firm FTX Trading's valuation rises to $18 bn after $900 mn funding

The latest funding comes as investor sentiment towards cryptocurrencies has somewhat soured after an initial euphoria earlier this year due to mounting regulatory concerns globally

Corporate bond credit spreads widen as investors shun risk

The spread on the ICE BofA US High Yield Index, a commonly used benchmark for the junk bond market, spiked from 318 basis points on Friday to 344 basis points as of the last update late Monday

Stranded and shattered seafarers threaten global supply lines

The Delta variant devastating parts of Asia - home to many of the world's 1.7 million commercial seafarers - has prompted many nations to cut off land access to visiting crews

Instagram to let users control how much sensitive content they see

(Reuters) - Facebook Inc's photo-sharing app Instagram will give users control over how much sensitive content they will see under its "Explore" tab, the company said on Tuesday.

Goldman cuts Q3 Brent forecast to $75 a barrel on Delta demand hit

Goldman Sachs reduced its forecast for Brent crude oil to $75 a barrel for the third quarter, $5 lower than its previous estimate, as a surge in Delta variant COVID-19 cases takes a toll on demand.

Opposition parties disrupt Parliament, seek probe into Pegasus

Shouting out slogans agai­nst Modi's govt, the Opp­osition members said they wanted an independent probe into the complaints of spying and the resignation of HM Amit Shah

Dow jumps over 600 pts as value stocks lift Wall Street after steep selloff

Financials, energy, industrials lead advance; IBM rises as revenue beats on cloud strength

India's pandemic death toll could be close to 5 mn, shows US study

The report by Washington-based Center for Global Development, co-authored by India's former CEA Arvind Subramanian, included deaths from all causes since start of the pandemic through June this year