Business

Britain's medicine regulator has advised that people with a history of significant allergic reactions do not get PfizerBioNTech's COVID19 vaccine after two people reported adverse effects on the first day of rollout.

Emergingmarket central banks cautiously revisited interest rate cuts last month following a hiatus in October, resuming an easing cycle that started in 2019 and had exceeded the cuts during the 2008 financial crisis and the 2010 euro crisis.

Consequent to the cancellation of its licence from close of business on December 7, the bank has been prohibited from conducting the business of 'banking' which includes acceptance of deposits and repayment of deposits with immediate effect.

Hong Kong police moves to freeze the accounts of several people linked to prodemocracy protests is prompting some residents to shift part of their savings overseas, bankers and lawyers said.

Tesla Inc unveiled a $5 billion capital raise on Tuesday, its second such move in three months as the electriccar maker cashes in on a meteoric rally in its shares this year.

The Nasdaq surged to an alltime high on Monday as investors piled into technology stocks after fresh COVID19 restrictions brought back the focus to the economic impact of the pandemic, while the bluechip Dow fell after a fourday winning streak.

Retail brokerages Interactive Brokers Group Inc and Robinhood experienced glitches early on Monday that prevented some or all of their users from trading as the U.S. markets were opening.

The World Economic Forum (WEF) will be held in Singapore instead of Switzerland next year as the COVID19 pandemic would make it difficult to ensure the health and safety of participants in Europe, WEF organisers said on Monday.

The Paris Airshow has been cancelled for the first time since World War Two, raising questions about the speed of the aerospace industry's recovery from the COVID19 crisis.

The US retail giant is looking to sell around 25 percent in Bengaluru-based Flipkart.

More than 8.1 million people in the U.S. have turned their iPhones and Android devices into pandemic contact-tracing tools, but it hasn't been of much use when their neighbors, classmates and coworkers aren't on the same system.

Boeing Co is reducing production of its 787 Dreamliner for the fourth time in 18 months after posting zero deliveries in November as recent production flaws compound delays from the COVID19 crisis, a top executive said.

The U.S. Securities and Exchange Commission said on Friday it had fined restaurant chain The Cheesecake Factory $125,000 to settle charges that it misled investors about the impact of the pandemic on its business, the first such case brought by the regula...

Drugmaker Eli Lilly and Co and insurer UnitedHealth Group on Friday said they have partnered to conduct a study of Lilly's COVID19 antibody treatment bamlanivimab in highrisk Medicare patients.

Investors are gauging how far a rally in beatendown energy shares could run, as an expected recovery for the coronavirushit economy clashes with skepticism about the longterm prospects of fossil fuels.

Chinese policymakers are comfortable with the yuan's rise to 2 1/2year highs as a rebound in the world's secondbiggest economy accelerates and the central bank gives the market greater leeway in setting the currency's value, sources said.