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Oil prices gain 2% on potential OPEC+ rethink and Covid-19 vaccine hopes

The market was also supported by a smaller-than-expected increase in U.S. crude stockpiles last week.

Norwegian Air seeks bankruptcy protection as Covid pandemic takes toll

The company has opted for an Irish process since its aircraft assets are held in Ireland

Pfizer-BioNTech vaccine deliveries could start 'before Christmas'

The success rate of the vaccine developed by U.S. firm Pfizer and Germany's BioNTech is the highest of any candidate in late-stage clinical trials so far, and experts said it was a significant achieve

Pfizer ends vaccine trial with 95% success rate, to apply for approval soon

Pfizer and BioNTech said they plan to submit the data to other regulatory agencies around the world.

DBS faces potential culture clash as it takes over Lakshmi Vilas Bank

The plan will accelerate Singapore-based DBS's expansion ambitions in India and potentially transform it from a largely digital bank in the country to one with hundreds of branches

Wall Street edges higher on Covid-19 vaccine bets, Boeing approval

The S&P 500 rose 1.81 points, or 0.05%, to 3,611.34 shortly after the market opened

Global debt balloons by $15 trn this yr, may hit all time high of $227 trn

The estimate is based on a report from the Institute of International Finance whose members include over 400 banks and financial institutions across the globe

Russian online retailer Ozon Holdings targets $1 billion in U.S. IPO

Like most e-commerce firms, Ozon has seen online orders surge as pandemic lockdown measures keep people at home

Wirecard creditors claim at least 12.5 billion euros: German court

The claims were made at a meeting of the creditors

US regulator to approve 737 MAX return as Boeing faces strong headwinds

The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019

Airlines scramble to prepare for ultra-cold COVID-19 vaccine distribution

Only 15% of industry participants felt ready to transport goods near the minus 70 degrees Celsius required by the Pfizer vaccine: Survey

Bitcoin breaks $18,000 as rally powers on, all-time high in sight

Bitcoin is now close to its all-time high of just under $20,000

Vedanta Zinc suspends mining at South Africa's Gamsberg mine after accident

Eight of the workers were rescued after the accident on Tuesday

Gujarat State Petroleum seeks LNG cargo for January delivery: Report

India's Gujarat State Petroleum Corp is seeking a LNG cargo for delivery in January, two industry sources said

USFDA approves first Covid-19 testing kit for home use; result in 30 mins

The US Food and Drug Administration said it had approved the first Covid-19 self-testing kit for home use that provides results within 30 minutes

Mark Zuckerberg says Kenosha post did not violate 'call to arms' policy

Facebook eventually removed the Kenosha Guard page after the shooting deaths of two people during the protests, saying it violated a separate rule against "militia organizations."

World shares slip after US retail sales dampen coronavirus vaccine euphoria

U.S. S&P500 futures shed 0.3% in Asian trade on Wednesday, a day after S&P500 index lost 0.48%, while Europe's Euro Stoxx 50 futures eased 0.2%.

Brazil to receive China's Sinovac COVID-19 vaccine, eyes Pfizer candidate

Federal health officials met with Pfizer representatives on as Brazil seeks to secure vaccine supplies

Trump nominee Shelton's path to Federal Reserve narrows as virus spreads

The Fed has aggressively eased monetary policy using measures Shelton previously called "extreme" to cushion the downturn caused by coronavirus crisis and its economic fallout

J&J expects data for US authorisation of Covid-19 vaccine by February

The company paused the trial in October because of a serious medical event in one participant and resumed after getting the green light from an independent safety panel.