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Boeing halts 737 MAX deliveries due to electrical issues, shares fall

Boeing's shares fell nearly 3%

Alphabet pushes S&P 500 to record high, bolsters Nasdaq index

Market participants are also prepping for results of Apple Inc and Facebook Inc after markets close.

From Amazon to Tata, industry steps up to combat India's coronavirus crisis

On Tuesday Amazon said it would ship 100 ICU ventilator units to India from the United States.

Grab's Nasdaq debut to test its $40 bn valuation, set roadmap for SPACs

The backdoor Nasdaq listing will see nine-year-old Grab raise over $4 billion, a record U.S. offering from Southeast Asia.

Samsung's Lee family to pay more than $10.8 billion inheritance tax

The family said it planned to pay the bill over five years in six instalments, starting this month.

China's Huawei reports quarterly revenue drop as smartphone income hit

China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier

Saudi Arabia in talks to sell 1% of Aramco, says crown prince Salman

The kingdom is in talks to sell the stake to a leading global energy company

Japan's Sony Corp expects profit to decline after pandemic boom

The firm expects operating income to slip 4.3% this business year

War-rooms and oxygen: India's IT companies scramble to handle Covid surge

Workers at huge technology service providers Accenture and Wipro say teams are working 13-14 hours daily, under growing pressure and struggling to deliver on projects

India's second Covid-19 wave may impede economic recovery, says S&P

Credit rating agency S&P Global said on Wednesday the second wave of Covid-19 infections in India could impede the country's economic recovery and expose other nations to further waves of outbreaks

Microsoft sales grow on cloud strength, shares dip on heightened valuation

Net profit had included a favorable $620 million tax benefit from court rulings in India

Russia fines Apple $12 million for alleged abuse of dominance in app market

Apple said it "respectfully disagreed" with the FAS ruling and that it would appeal it

Musk trolls Bezos as space race between world's richest men heats up

The space race between the world's two richest men went into hyperdrive on Tuesday after Tesla chief Elon Musk took a swipe at Jeff Bezos' attempt to challenge a major NASA contract

UBS, Nomura push global banks' Archegos losses beyond $10 billion

UBS shares fell 3.0% in morning trade.

US drugmakers step up supplies as India battles Covid-19 surge

US drugmaker Merck & Co joined Gilead Sciences on Tuesday in lending support to India

Russia's competition watchdog fines Apple $12 million for app market abuse

Apple allegedly abused its dominant position in the mobile applications market

Rush to hospitals, big gatherings worsen India's Covid crisis: WHO

Less than 15% of people infected with COVID-19 actually need hospital care and even fewer will need oxygen, says WHO spokesman Tarik Jasarevic

India expects biggest share of US doses of AstraZeneca vaccine: Report

On Monday, the White House said 10 mn of the 60 mn doses could be cleared for export 'in coming weeks' and the rest by June

Merck taps five Indian drugmakers to expand Covid-19 drug production

Merck has decided to focus on its drugs for Covid after two vaccines failed to generate desired immune responses

3M profit jumps on pandemic-driven demand for personal safety products

The US conglomerate makes N95 face masks