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'Speculative excess': ethereum finds new peak in sizzling crypto market

Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants

S&P, Dow Jones bring bitcoin, ethereum to Wall St with crypto indexes

The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them

Melinda Gates sees US govt donating coronavirus vaccine doses soon

In her first remarks since divorce with Bill Gates, Melinda said governments were waking up to arguments that the global economy needs to be vaccinated to bring the pandemic under control

Pfizer lifts sales forecast for coronavirus vaccine to $26 billion

This is reflecting new contracts with governments around the world trying to halt the pandemic through rapid vaccination.

Adani Ports may abandon Myanmar project if found to violate US sanctions

The company said the potential Myanmar project write-down would not materially impact it

Investor Warren Buffett's ESG snub risks alienating Wall Street

Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

India's recovery to be hit by Covid surge; fiscal metrics to stay weak: S&P

The second wave could possibly diminish growth for the full year: S&P

Eli Lilly to supply 400,000 tablets of its Covid-19 treatment to India

The country is fighting a raging pandemic that has morgues and hospitals overflowing.

Gold falls from two-month high as dollar strength dents safe-haven appeal

U.S. gold futures fell 0.4% to $1,785.50.

Saudi Aramco beats first-quarter profit forecast, keeps dividend

Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices

Saudi Arabia expected to cut June crude prices for Asia: Survey

Saudi Arabia is expected to cut its official selling prices for Asia in June, tracking weakness in Middle East benchmark Dubai and demand uncertainty amid a new wave of regional Covid-19 outbreaks

India's vaccinations plummet as coronavirus infections soar

India has partially or fully immunised only 9.5% of its 1.35 billion people

Oil prices firm as US, Europe growth prospects counter India concerns

Oil prices extended gains on Tuesday as more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as Covid cases soar

Facebook oversight board to announce decision on Trump ban on May 5

Facebook Inc's independent oversight board tweeted that it would announce a decision on May 5 whether to uphold ex-US President Trump's indefinite suspension from its social media platforms

Epic Games cites Apple's total control over iPhones at first day of trial

Epic broke Apple's rules in August when it introduced its own in-app payment system in Fortnite to circumvent Apple's commissions. In response, Apple kicked Epic off its App Store

UK's Arrival, Uber to develop electric ride-hailing 'Arrival Car' by 2023

Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom, European Union and United States

Apple hires ex-Google AI scientist who resigned after colleagues' firings

Bengio is expected to lead a new AI research unit at Apple under John Giannandrea, senior vice president of machine learning and AI strategy, two people familiar with the matter said

Fidelity halves valuation of Ant Group after Chinese crackdown: Report

The $144 billion valuation compares with an appraised value of $295 billion as at the end of August, the report said

Warren Buffett says Greg Abel is his likely successor at Berkshire Hathaway

He also said that if anything happened to Abel, it would be Ajit Jain, who oversees Berkshire's insurance businesses, would become chief executive

WHO chief Tedros Adhanom plans to seek re-election, says report

In 2017, Ethiopia's Tedros became the first African to head the Geneva-based UN agency and made universal health care coverage his priority