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China's Tencent Holdings plans to raise $4 bn in bond deal: Details here

Tencent raised $6 billion in May last year and issued 40-year debt for the first time

Ford details new production cuts due to global chip shortage: Details here

Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion

Toshiba CEO resigns, shares surge on bidding war expectations: Details here

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.

JPMorgan profit surges helped by trading, investment banking boost

The largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks

Goldman profit smashes expectations on booming investment banking

Global investment banking fee hit an all-time record of $39.4 billion during the March quarter,

Coinbase Global heads for $91-billion valuation in Nasdaq debut

The San Francisco-based firm was valued at just under $6 billion as recently as last September but has surged in line with bitcoin's gains this year.

Wall Street indexes open flat as big banks kick off earnings season

Goldman Sachs and JPMorgan kicked off the first-quarter corporate earnings season

In world first, Denmark ditches AstraZeneca's coronavirus vaccine

Many countries in Europe and elsewhere have resumed administering the shot, with some restricting its use to certain age groups, mostly those aged above 50 or above 60.

Covid: Pfizer to send extra 50 mn vaccine doses to EU in second quarter

The European Commission currently has a portfolio of 2.3 billion doses from a half dozen companies and is negotiating more contracts.

Wells Fargo profit beats Wall Street estimates as credit costs stabilize

The bank set aside less money to cover soured loans

Low-cost airline EasyJet sees Europe open for travel from late May

Flying has been severely curtailed due to the pandemic over the last 12 months

Oil maintains upward momentum despite fresh coronavirus fears

The dollar hit three-week lows on Wednesday, making crude cheaper for countries using other currencies.

Toshiba board planned to oust CEO before $20 billion buyout offer: report

Toshiba said on Wednesday that Kurumatani was stepping down. It said he was doing so to "recharge" and after achieving his plan to revive the conglomerate

Coinbase listing marks latest step in crypto's march to the mainstream

The listing is by far the biggest yet of a cryptocurrency company

Moderna says protection from its Covid vaccine still strong six months on

The company has also started testing new versions of the vaccine that target a concerning new variant of the coronavirus

World stocks hit record high as bond yields ease with inflation fears

Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region

Apple likely to launch iPad Pro, other products at special event on Apr 20

Apple said on Tuesday it was holding a special event on April 20, with many expecting the tech giant to launch new iPad Pro models and other products ahead of its annual developers' conference in June

China-based ByteDance's gaming unit Nuverse acquires C4games: Details here

China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign

Maharashtra shuts most manufacturing, restricts e-comm to fight Covid-19

The curbs - which start Wednesday - could hit auto companies like Tata Motors Ltd, Bajaj Auto Ltd, and Mahindra & Mahindra Ltd which operate factories in the state