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Global insurance recovery will be faster, stronger than in 2008: Swiss Re

The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation

Tesla lobbies India for sharply lower import taxes on EVs: Report

Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles, a move it says will boost demand and generate revenue for the government, two sources said

Let the games begin: With over 100 Covid cases, Olympics get underway

The total number of cases directly linked to the Games stood at 106 on Friday with 11 of them athletes.

Car chip shortage to abate; smartphones next: Industry executives

The automotive sector has suffered the most this year but supply to the sector could improve relatively soon, with China taking up some production demand that Taiwan could not meet

Twitter beats revenue targets with ad improvements, shares jump 7%

Shares of Twitter jumped 7% to $75 in trading after the bell.

US stock markets, yields perk up, oil falters as choppy week winds down

U.S. business activity grew at a moderate pace for a second straight month in July amid supply constraints

Oil prices slip but set to end week steady on tight supply

By Alex Lawler

Oil slips but set to end week steady on tight supply as demand recovers

For the week, Brent was set to end the week up a marginal 0.2%, having declined in the previous three weeks. U.S. crude was poised to remain steady over the week.

India's economic rebound faces rising risk from Delta variant: Reuters poll

The latest survey results suggest difficult policy decisions lie ahead for RBI, which has already seen two consecutive months of inflation above the 6% upper limit of the range it tolerates

Asia subdued by slow Covid-19 vaccinations, eye on factory surveys

Asian share markets were in a muted mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant

Ant-backed Zomato's roaring India debut sets pace for internet startups

Shares of Zomato Ltd nearly doubled on Friday in a stellar first listing of local unicorn in India, setting pace for a slew of such debuts by internet-based startups that are thriving during pandemic

Karnataka HC quashes Amazon, Flipkart plea against antitrust probe

An Indian court on Friday dismissed a petition by Amazon.com Inc and Walmart's Flipkart seeking revocation of a single judge's decision to allow an antitrust probe against them to continue

Gold prices set for first weekly decline in five on dollar strength

Gold prices edged lower on Friday, heading for their first weekly decline in five, as a stronger dollar made bullion more expensive for holder of other currencies

Asian shares dragged by Covid-19 vaccination lag, Wall Street fares better

sian share markets were in a mixed mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant

Oil slip but heads for steady week on supply tightness as demand recovers

Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from a sharp drop, underpinned by expectations supply will remain tight as demand recovers

Citigroup appoints Rahul Saraf as head of Indian investment banking

Citigroup has appointed Rahul Saraf as the head of its Indian investment banking unit, according to a statement from the bank on Friday

Wall St turns positive after choppy trading due to higher jobless claims

By Jessica DiNapoli

Snap beats user, revenue estimates with highest growth in 4 years

By Sheila Dang

Intel raises sales forecast, second-half demand worries send shares down

By Stephen Nellis and Chavi Mehta

Intel raises sales forecast, but supply constraint woes send shares down

By Stephen Nellis