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Exclusive: India may raise vaccine spending to US$6 billion this fiscal year -government sources

NEW DELHI: India may raise spending on COVID-19 shots by over a quarter this fiscal year to up to 450 billion rupees (US$6.18 billion) from its budgeted amount, two government sources told Reuters after the prime minister offered free doses to all adults. Prime Minister Narendra Modi said in...

Markets

Blackstone to take QTS Realty Trust private in US$10 billion deal

Investment firm Blackstone Group Inc said on Monday it would take data center operator QTS Realty Trust Inc private in an all-cash deal worth about US$10 billion.

Markets

Google to change global advertising practices in landmark antitrust deal

Google said it would make changes to its global advertising business to ensure it did not abuse its dominance, bowing to antitrust pressure for the first time in a landmark settlement with French authorities.

Markets

More than 2.3 million US households sign up for broadband subsidy – FCC

More than 2.3 million U.S. households have signed up to take part in a temporary US$3.2 billion broadband subsidy program created by Congress in December, the Federal Communications Commission (FCC) said Monday.

Markets

Nigeria orders broadcasters not to use Twitter to gather information

Nigerian television and radio stations should not use Twitter to gather information and have to de-activate their accounts, the broadcast authority said following the move to suspend the US social media giant in Africa's most populous country.

Markets

Indian airline IndiGo expects domestic travel recovery by Oct-Dec quarter

IndiGo, India's biggest airline, expects domestic air travel to recover by its October-December quarter, the company's CEO said on Monday, and has started to see a pick up in passenger numbers despite a resurgence in COVID-19 infections in the country.

Markets

Bosch opens German chip plant, its biggest-ever investment

BERLIN :Robert Bosch opened a 1 billion euro (US$1.2 billion) chip plant in Germany on Monday, a record investment by the leading automotive supplier as it stakes a claim to equipping the latest electric and self-driving cars.

Markets

Anti-poverty groups criticise rich countries over G7 tax deal

FRANKFURT: Anti-poverty campaigners on Monday criticised a deal reached by seven wealthy countries to impose a minimum tax on multinational companies, saying it would benefit rich nations at the expense of the poor. Finance Ministers from the Group of Seven advanced economies agreed on ...

Markets

Russian accounts still active on pro-Trump sites – researchers

A group believed to be Russian has remained active on internet services favored by far-right Americans, showing efforts to interfere in U.S. politics continue after the election, according to reports from social media research firm Graphika and nonprofit Advance Democracy Inc.

Markets

GM expands Onstar services beyond its vehicle owner base

General Motors Co plans to offer subscriptions for its Onstar Guardian security services to anyone in the United States or Canada who wants to download a smartphone app, expanding beyond owners of GM vehicles in a step to generate recurring revenue.

Markets

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