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US FDA approves Novavax Covid vaccine with added conditions for use

According to the approval letter, the license restricts the use of the vaccine called Nuvaxovid to individuals aged 65 and older, and those between 12 and 64

Microsoft offers cheaper Office without teams to address EU concerns

The European Commission said it would seek feedback from rivals and customers before deciding whether to accept the offer. Reuters was the first to report the proposal earlier this week

Brazil confirms first bird flu case on farm, raising global supply fears

The disease has spread around the globe in the past years, leading to hundreds of millions of poultry being culled. It has also been reported in dairy cows, cats, and humans

Wall Street steady, heads for weekly gains on trade hopes, tech boost

Data from earlier in the week showed US retail sales growth losing steam in April, while consumer prices staged a moderate rebound

Oil prices set for weekly gain but supply hike concerns weigh on prices

Both contracts fell more than 2 per cent in the previous session on the prospect of an Iranian nuclear deal, which could result in more barrels being released onto the global market

Yes Bank expects Japan's SMBC to maintain at least 20% stake, says CEO

SMBC on Friday said it had signed a definitive agreement to take a 20 per cent stake in Mumbai-based Yes Bank, a deal that marks the largest cross-border merger

Trump announces $14.5 bn Etihad order for 28 Boeing planes with GE engines

Etihad confirmed on Friday it was ordering 28 wide-body Boeing aircraft with GE engines, adding that the deal reflected the airline's ongoing approach to aligning its fleet with evolving network

Take-Two sees annual bookings below revised estimates due to GTA VI delay

Take-Two has other titles lined up for the year such as "Borderlands 4" and "Mafia: The Old Country", but their potentially strong releases are unlikely to stave off a hit from the delay of GTA VI

Asian shares likely to end strong week lower, bonds stage relief rally

In Asia, shares of Alibaba slumped 6.8 per cent after the tech giant's quarterly revenue failed to impress investors

Fed chair Powell signals rethink of strategy on jobs and inflation risks

The Fed for now has said it would stay on the sidelines, with interest rates held steady in the current 4.25% to 4.5% range until those questions get resolved

Patanjali Foods Q4 results: Profit surges 73.8% to ₹ 359 cr on price hikes

Revenue from Patanjali's edible oils business, which makes up nearly 75% of the total, rose 20.9% during the quarter, driven by rising prices

Oil slumps nearly 4% on US-Iran deal hopes as stock rally eases

It was not just Brent that was impacted. Europe's oil and gas stocks toppled back nearly 2%, while government bonds of rival producers from Angola to Nigeria also took a hit

CESC Q4 profit dips 6.8% on higher tax despite rise in demand, revenue

Power demand increased steadily during the January-March period as above-normal temperatures led to higher electricity usage

IEA sees global oil demand growth slowing to 650K bpd for rest of 2025

The IEA lifted its average demand growth forecast for 2025 as a whole to 740,000 bpd, up by 20,000 bpd from the previous report

Sri Lanka restructures nearly $931 million in credit lines with India

The deal between the two countries will facilitate deeper cooperation on multiple projects including an energy hub

Tesla board forms panel to explores new pay deal for CEO Elon Musk: Report

Musk kicked off an appeal in March against the order, claiming a lower court judge made multiple legal errors in rescinding the record compensation

Aramco signs up to $90 bn in US deals amid Trump's Gulf tour push

The agreements underscore Saudi Arabia's efforts to strengthen its energy partnerships and attract foreign investment as it looks to balance oil dominance

Shree Cement falls short of profit view as rising costs offset record sales

The company's net profit dropped about 16% to 5.56 billion rupees ($65.2 million), just below analysts' average expectation of 5.59 billion rupees, per data compiled by LSEG

Crude oil falls as traders consider potential jump in US crude stockpiles

Brent crude futures fell 64 cents, or around 1%, to $65.99 a barrel by 0934 GMT. U.S. West Texas Intermediate (WTI) crude slipped 64 cents, or 1%, to $63.03

Kalyan Jewellers eyes revenue growth through store-opening spree: Executive

Consumers are favouring chains over independent jewellers, shopping frequently, and spending more on gifts, Kalyan Jewellers' Executive Director Ramesh Kalyanaraman said in an interview