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G7 scolds China and Russia over threats, bullying, human rights abuses

Russia denies it is meddling beyond its borders and says the West is gripped by anti-Russian hysteria

Global stocks rally into US jobs report amid surging commodity prices

Global stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a key US jobs report later on Friday

Australia to reopen door to India, local Covid-19 cluster appears contained

Australia will lift a ban on its citizens returning from COVID-ravaged India next week, Australian Prime Minister Scott Morrison said on Friday, as state officials reported that an outbreak in Sydney.

Gold heads for best week in five months on softer dollar, yields

Spot gold was steady at $1,815.88 per ounce by 0246 GMT, after hitting its highest since Feb. 16 at $1,817.90 in the previous session

Global oil prices edge up as investors eye fuel demand recovery

Oil prices edged up in early Asian trade after a 1% dip in the previous session, as global economic recovery and easing travel curbs in the United States and Europe buoyed the fuel demand outlook

India offers to lift regular Saudi oil volumes in June after May cuts

Indian state refiners on Thursday placed orders for regular supplies from Saudi Aramco for June, after reducing purchases this month, drawn by lower prices by the world's top oil exporter

World food price index climbs in April, highest since May 2014: FAO

World food prices increased for an 11th consecutive month in April, hitting their highest level since May 2014, with sugar leading a rise in all the main indices, says the United Nations food agency

Bank of England sees faster economic rebound, slows its bond buying

The BoE raised its forecast for British economic growth in 2021 to 7.25% from February's estimate of 5.0%

China suspends economic dialogue with Australia as relations curdle

The Australian dollar fell sharply on the news and was as low as 0.7701 to the U.S. dollar from Wednesday's $0.7747

Russia authorises single-dose Sputnik Light Covid vaccine for use: RDIF

Developed by Moscow's Gamaleya Institute, the slimmed-down vaccine, which the RDIF said is 79.4% effective against Covid-19, costs under $10 a dose

IMF to revisit growth forecast for India due to surge in Covid-19 cases

Covid-19 infections in India have surged past 21 million, with a death toll of 230,168, health ministry data showed

IBM unveils world's first 2-nanometer chip technology for faster computing

The technology could be as much as 45% faster than the mainstream 7-nanometer chips in many of today's laptops and phones and up to 75% more power efficient, says IBM

Under watchdog scrutiny, Credit Suisse caps assets and leverage

Credit Suisse will keep limits on its risk-weighted assets (RWA) and leverage while it remains under regulatory scrutiny over risk-management failures that cost it billions, says Swiss bank

Bank of England slows pace of bond-buying on growing hopes for recovery

Bank of England kept the scale of its stimulus programme unchanged as Britain's economy shows signs of recovery from its coronavirus slump

Moderna lifts coronavirus vaccine sales forecast to $19.2 billion

This is reflecting demand from countries looking to return to normalcy through rapid vaccine rollouts.

Covid-19: Refiners curtail palm oil imports as lockdowns dent demand

Lower imports by India, the world's biggest buyer of the edible oil, could limit a rally in benchmark Malaysian palm oil futures, which hit their highest level since 2008 on Thursday.

Tesla developing platform to allow car owners in China data access

Tesla, which makes Model 3 sedans and Model Y sport-utility vehicles at its Shanghai factory, aims to launch the data platform this year

Global markets near record highs on recovery hopes, Curevac tumbles 10 pc

Germany's Curevac, hoping for approval for its Covid-19 vaccine, tumbled 10% following news that US President has thrown his support behind waiving intellectual property rights for Covid vaccines

Tesla developing platform to allow car owners in China access data

U.S. electric-vehicle maker Tesla Inc said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles

Covid spreading in rural India; record daily rises in infections, deaths

India reported a record 412,262 new Covid-19 cases on Thursday and a record 3,980 daily death toll, as second wave of infections swamps the health system and spreads from cities into the countryside.