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Vaccitech, startup behind AstraZeneca-Oxford’s COVID-19 vaccine, files for U.S. IPO

Biotech startup Vaccitech Plc, which owns the technology behind the COVID-19 vaccine developed by Oxford University and AstraZeneca Plc, filed for a U.S. initial public offering on Friday

‘Top Gun’ sequel delayed in summer movie setback for theaters

Paramount Pictures has pushed the release Tom Cruise movie “Top Gun: Maverick” to November from July, the studio said on Friday, a move that deprives theaters of what was expected to

Queen of Twitter: Dionne Warwick uses her voice on social media

American singer Dionne Warwick, who has reigned as a diva for over six decades, is now using her voice as the ‘Queen of Twitter,’ spreading joy and poking fun in viral tweets to a new

Elon Musk’s Neuralink shows monkey with brain-chip playing videogame by thinking

Billionaire entrepreneur Elon Musk’s brain-chip startup released footage on Friday appearing to show a monkey playing a simple videogame after getting implants of the new technology. T

Study flags gender bias in Facebook’s ads tools

Facebook users may not be learning about jobs for which they are qualified because the company’s tools can disproportionately direct ads to a particular gender “beyond what can be leg

U.S. senators criticize Apple for not testifying on antitrust concerns

Apple Inc is refusing to testify at an upcoming U.S. Senate subcommittee hearing on competition issues related to mobile app stores, the bipartisan leaders of the panel said on Friday. A

Failed Amazon union effort renews call for updated U.S. labor laws

A failed attempt to unionize Amazon.com warehouse workers shows why Congress needs to pass proposed legislation to protect labor unions against corporations’ anti-organizing efforts, De

Spain to subsidise electric car sales with 800 million euros to 2023

The Spanish government has approved a plan to spend up to 800 million euros ($950 million) until 2023 to encourage electric car sales, the Energy Ministry said on Friday. Private buyers

Facebook axes 16,000 groups for trading fake reviews after UK intervenes

Social media company Facebook Inc removed 16,000 groups for selling or buying fake reviews of products and services on its platforms, after the Britain’s competition watchdog intervened

Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources

China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month,

Boeing union to vote on whether to authorize strike

A union representing about 220 Boeing Co workers said on Friday that members will vote on Sunday whether to authorize a strike after contract negotiations “have taken a turn for the wor

GM cuts some U.S. truck production shifts because of chip shortage

General Motors Co will cancel some truck production shifts this weekend at two U.S. auto plants because of the ongoing semiconductor shortage, the company said on Friday. The largest U.S

Boeing production issue prompts airlines to pull some 737 MAX jets from service

Airlines suspended the use of dozens of 737 MAX jets on Friday after Boeing Co warned them of a possible electrical fault in the production of some planes. The glitch is the latest probl

White House convening summit with top execs on chip shortage

Almost 20 major companies worried about a global semiconductor chip shortage that has roiled the automotive industry will send senior executives to a White House summit Monday, a senior o

Airbus deliveries surge in March, sending shares higher

A rebound in air travel in China and the United States helped to drive a surge in March deliveries for Airbus, sending the planemaker’s shares higher. Airbus reported slightly higher de

Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources

China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month,

Biden faces key test on EV battery trade dispute

U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia fac

Exclusive: Roughly 500 ballots challenged in Amazon’s landmark union election

Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer

EMERGING MARKETS-EMEA FX dips on dollar bounce; Polish zloty outperforms for the week

Emerging-market currencies retreated on Friday after the dollar bounced back from two-week lows, but were set to rise for the week with the Polish zloty marking large gains after the cent

China stocks post weekly loss on tightening worries, Sino-U.S. friction

China stocks ended lower on Friday to post a weekly loss, as robust inflation data raised investor concerns over policy tightening, while Sino-U.S. tensions also weighed on the market. *

British American Tobacco weighs on FTSE 100; PageGroup shines

London’s FTSE 100 fell on Friday, dragged lower by heavyweight British American Tobacco and banking stocks, although the blue-chip index was set for its best weekly performance since ea

European stocks on longest weekly winning streak in a year

European stocks were subdued on Friday, but on course for their longest weekly winning streak in more than a year as hopes of a rapid recovery in economic growth offset doubts over the eu

Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources

China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month,

PRECIOUS-Gold dips after promising China data; set for weekly rise

Gold prices fell on Friday as robust economic..."/>

UPDATE 1-China pulls German trade up, but Brexit hits UK business

German exports rose in February, boosted by surging trade with China in a fresh sign that factories are busy in Europe’s largest economy despite a sharp drop in trade with the United Ki

India’s income tax receipts surpass revised budget target for 2020/21 – official

India’s federal net direct tax receipts, mainly comprising corporate and individual income tax, were 9.45 trillion rupees ($126.33 billion) for the fiscal year ending on March 31, surpa

U.S. Army Corps may reveal fate of Dakota Access pipeline at hearing

The U.S. Army Corps of Engineers will lay out its recommendations on the Dakota Access oil pipeline at a federal court hearing on Friday, and the industry has grown worried that President

Stocks firm near record as easing U.S. inflation fears lift Wall Street

Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down bond yields and lifted Wall Street, though softness in Chinese shares capp

Exclusive: Roughly 500 ballots challenged in Amazon’s landmark union election

Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer

Fate of Dakota Access pipeline at stake at Friday court hearing

The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Adm

Despite Biden claim, most migrant families not being expelled to Mexico

U.S. border agents expelled roughly a third of migrant parents and children traveling together and caught crossing the southwestern border in March, according to U.S. government data, und

Britain reassures on AstraZeneca after advising under-30s take other vaccines

British officials and ministers sought to shore up confidence in AstraZeneca’s COVID-19 vaccine on Thursday, saying advice that most people under 30 should be offered alternative shots

Exclusive: French health body to say mRNA vaccine should be used as second dose after AstraZeneca

France’s top health body will on Friday say that recipients of a first dose of AstraZeneca’s traditional COVID-19 vaccine who are under 55 should get a second shot with a new-style me

Oil edges up on weak dollar; investors weigh rising supplies, demand outlook

Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. FILE PHOT
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