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ByteDance launches share buyback after shelving IPO plans: Report

By Yingzhi Yang and Tony Munroe

Oil steadies on stronger demand outlook as US inventories decline

Brent rose 16 cents, or 0.2%, to $68.81 a barrel by 11:20 a.m. EDT (1520 GMT), and US West Texas Intermediate (WTI) crude was up 11 cents, or 0.2%, at $66.18 a barrel

Buy now, pay later players tackle credit conundrum in West Asia's Gulf

Digital buy now, pay later (BNPL) purchasing is relatively new to the region where consumers have traditionally been sceptical of paying for goods before getting them

China bars banks from selling commodities-linked products to retail buyers

The China Banking and Insurance Regulatory Commission's (CBIRC's) order to exit these products has not been reported before

Indian mills sign sugar export deals without government subsidy

Mills have so far contracted around 5.8 million tonnes of sugar out of the export allocation of 6 million tonnes

China's crypto crackdown speeds shift to central Asia, North America mining

China's central government vowed to clamp down on bitcoin mining and trading

Smartphone giant Xiaomi reports 55% surge in first quarter revenue

The firm nabbed market share from one-time market leader Huawei Technologies Co Ltd.

Oil prices steady as demand optimism offsets worries of Iranian supply

Brent rose 13 cents, or 0.2%, to $68.78 a barrel by 0928 GMT

TCS sees pandemic-driven boost in Europe as clients adopt new technologies

Europe has been the fastest growing region for TCS from where it gets about a third of its annual revenue of $22.17 bn

Royal Enfield to shut manufacturing plants for three days amid Covid crisis

Tamil Nadu is one of the worst hit states with more than 30,000 cases a day last week.

Gold rises above $1,900/oz as dollar weakens, inflation jitters persist

Gold prices rose above the key psychological level of $1,900 per ounce on Wednesday, helped by a weaker dollar and growing inflation concerns after Federal Reserve officials maintained a dovish stance

Asian shares up, US dollar wallows as Fed soothes inflation fears

Asian shares rose on Wednesday while the U.S. dollar stood near its lowest levels this year after U.S. Federal Reserve officials reaffirmed a dovish monetary policy stance

WhatsApp sues Indian govt, says new media rules mean end to privacy: Report

Lawsuit asks Delhi High Court to declare that one of the new rules is a violation of privacy rights in India's constitution, reports Reuters.

Renault-Nissan, Hyundai face shutdowns in India over workers' Covid fears

The workers have alleged their Covid-related safety demands have not been met

Oil prices up over $1 as potential snag emerges in reviving Iran deal

Former President Donald Trump withdrew the United States from the deal in 2018 and re-imposed sanctions.

Oil prices regain some losses amid potential Iran hitch; GS bullish

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact

Hyundai raises hydrogen game as new class of Xcient trucks roll into Europe

A new class of the Xcient Hyundai truck, equipped with more efficient fuel cells with longer life-span, is due to arrive in Europe in the fourth quarter, said Mark Freymueller, CEO of Hyundai Hydrogen

Crypto recovery stalls as miners halt Chinese operations due to scrutiny

Cryptocurrencies fought to find a footing after even weekend cheerleading from Tesla boss Elon Musk seemed unable offset selling pressure from spooked investors

Sea change: Global freight industry sails out of the digital dark ages

If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix it

Gold hovers near 4-1/2-month high on tepid dollar, inflation jitters

Spot gold was up 0.2% at $1,883.21 per ounce by 0301 GMT. Last week, gold prices hit their highest level since Jan. 8 at $1,889.75