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Oil hits $70 for first time since March 15 as Europe, US re-open economies

Europe, US reopening optimism offset by pandemic concerns in Asia; speculation of Iran nuclear deal revival limits upside

Gold extends rally as weak dollar, inflation jitters lift appeal

Spot gold was up 0.2% at $1,869.12 per ounce by 0642 GMT

India unlikely to resume sizeable Covid vaccine exports until Oct: Report

Battling the world's biggest jump in coronavirus infections, India halted vaccine exports a month ago after donating or selling more than 66 million doses

Credit Suisse Group to hire over 1,000 IT employees in India in 2021

Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank

Bharti Airtel shares fall as key revenue metric miss analyst estimate

Shares of the country's second-largest telecom operator fell as much as 2.3% to Rs 537.25 in morning trade and were set for a fifth straight session of losses

Oil extends gains as US, European reopenings outweigh fear of Asia demand

Brent crude oil futures were up 20 cents, or 0.3 per cent, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3 per cent, at $66.46 a barrel

Gold prices at 3.5 month high on weaker dollar, inflation anxiety

Gold prices on Tuesday rose to their highest in more than three months as a weaker US dollar and growing inflationary pressure lifted bullion's appeal as an inflation hedge

US gasoline prices at 7-yr high in slow recovery from cyberattack

Last week's closure of Colonial Pipeline's 5,500-mile (8,900-km) system was the most disruptive cyberattack on record

AT&T, Discovery deal highlights media's thirst to be like Netflix

Since AT&T bought Time Warner in 2018 to compete with Netflix and Disney, the world of streaming video has only gotten more cutthroat

Long working hours are killing 745,000 people a year, says WHO study

Working 55 hours or more per week is a serious health hazard, said Maria Neira, director of the WHO's Department of Environment, Climate Change and Health

France embraces Google, Microsoft in quest to safeguard sensitive data

Google and Microsoft, along with market leader Amazon, dominate the realm of data storage worldwide, fuelling concerns in Europe over the risk of surveillance by the United States

Dow opens lower as inflation worries persist after strong rebound last week

The Dow Jones Industrial Average fell 6.84 points, or 0.02 per cent, at the open to 34,375.29

World Economic Forum cancels 2021 annual meeting in Singapore due to Covid

WEF had already pushed back its special meeting in Singapore

Oil prices dip but recovery limits fall after fresh Asian restrictions

Brent crude fell 30 cents, or 0.4%, to $68.41 a barrel at 1302 GMT, and West Texas Intermediate (WTI) U.S. crude was down by 34 cents, or 0.5%, at $65.03.

India's cases decline but WHO expert says positive tests ominously high

Experts say official count is unreliable; Chief Scientist Soumya Swaminathan fears there could be worse to come in India

India's electricity use falls 6.2% in May due to Covid-19 lockdowns

Total daily average electricity supply to states fell to 3,666 billion units during the first sixteen days of May, compared with 3,910 billion units during the second half of April

Coronavirus: India's fuel demand plunges in May as states enforce lockdown

Gasoline and diesel sales over May 1-15 fell by about 20 per cent, while jet fuel consumption slumped by nearly 38 per cent, versus April 1-15 levels

Amid volatility, Bitcoin rallies from three-month low on Musk's tweet

Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment

Global stocks steady, gold at three-month high on inflation concerns

Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat

China's factory output slows in April as bottlenecks crimp production

While China's exporters are enjoying strong demand, global supply chain bottlenecks and rising raw materials costs have weighed on production