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Ethereum breaks past $3,000 to quadruple in value in 2021

Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin

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

OPEC's share of Indian oil imports plunges to two decade low, shows data

Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier

European shares rally on bullish investor sentiment about global recovery

With China, Japan and Britain closed for public holidays, volumes were thin and Asian shares got off to a slow start, with most markets slipping into the red

Oil drops towards $66 as India demand concerns weigh

Oil dropped towards $66 a barrel on Monday as concern about demand in India and higher OPEC+ supply offset optimism over rising demand in other major consumers such as China and the United States

Tesla under scrutiny in China; steps up engagement with regulators: Sources

Tesla's change of strategy leading to more behind-the-scenes interaction with policymakers in Beijing shows the seriousness with which the U.S. automaker views

LNG cargoes diverted from India as Covid crisis dampens demand - sources

LNG cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday

Gold gains as rising virus cases, pullback in U.S. yields lift demand

Gold prices rose on Monday as a retreat in U.S. Treasury yields and worries over surging COVID-19 cases in some countries boosted the metal's appeal

Australia's Seven West Media signs Google, Facebook deals after law feud

Australian television and newspaper firm Seven West Media Ltd signed multi-year content deals with Facebook Inc and Google as tough new media laws enabled the industry to secure new revenue sources

Oil prices slip as second wave of Covid takes toll on India's fuel sales

Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand

Cryptocurrency ether hit a record high, Ethereum breaks past $3,000 mark

Cryptocurrency ether hit a record high, extending last week's rally in the wake of a report that the European Investment Bank could launch a digital bond sale on the ethereum blockchain network

Singapore Airlines raises $1.5 bn from airplane sale-and-leaseback deals

Singapore Airlines on Monday it had raised about $1.50 billion through sale-and-leaseback deals for 11 of its planes to help bolster liquidity

Intel will 'focus' less on buying back company stock: CEO Pat Gelsinger

The chief executive of the biggest US chip-maker, Intel Corp, said the company is going to curb its focus on buying back its own stock

In Apple versus Epic Games, courtroom battle is only half the fight

Epic alleges Apple has such a strong lock on those customers that the app store constitutes a distinct market for software developers over which Apple has monopoly power

Oil climbs as demand optimism overshadows India Covid-19 infection worries

Vaccinations are expected to lift global oil demand, especially during peak travel season in the third quarter, prompting analysts to increase their forecasts for Brent prices for a fifth month

Coronavirus: Singapore's hot housing market faces risk of cooling curbs

Driven by low interest rates, confidence in property's long-term safety and a fear of missing out, the boom is putting buyers increasingly at odds with the government

Scientists say Modi govt ignored warnings amid coronavirus surge

Warning about new variant in early March was issued by the Indian SARS-CoV-2 Genetics Consortium, or INSACOG.

UAE economy shrank 6.1% last year amid Covid-19 crisis: preliminary data

The United Arab Emirates' economy shrank 6.1% last year, the country's statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors

Volkswagen expects chip supply to remain tight in coming months

The head of the carmaker's namesake brand was quoted as saying on Saturday.

India's electricity generation falls 2.9% in second half of April

Electricity supply to Karnataka - home to India's tech hub Bengaluru - fell over 15%