India to receive Sputnik V vaccine doses this month – TASS cites ambassador

FILE PHOTO: File labelled “Sputnik V coronavirus disease (COVID-19) vaccine”, March 24, 2021. REUTERS / Dado Ruvic/File PhotoMOSCOW (Reuters) – India’s ambassador to Moscow said deliveries of Russia’s Sputnik V coronavirus vaccine to India were expected to begin before the end of April, the TASS news agency reported, after Indian regulators approved the shot for use on Monday. Russia has […]

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Bezos says Amazon needs to do better for employees

FILE PHOTO: Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC’s “Milestone Celebration Dinner” in Washington, U.S., September 13, 2018. REUTERS/Joshua Roberts/File Photo(Reuters) – Amazon.com Inc needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as […]

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Russia's Fix Price reports 29.2% rise in Q1 revenue after March IPO

MOSCOW, April 15 (Reuters) – Russian low-cost retailer Fix Price’s first-quarter revenue rose 29.2% to 51.7 billion roubles ($672.7 million), the company said on Thursday, in its first financial results statement since its market debut in London last month. Fix Price raised around $2 billion in an initial public offering on the London Stock Exchange in early March, capitalising on […]

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Self-driving startup Cruise raises $2.75 billion from Walmart, others

FILE PHOTO: A woman smiles in the back seat of a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S., Nov. 28, 2017. REUTERS/Elijah Nouvelage/File PhotoSan Francisco (Reuters) – Self-drive automaker Cruise, backed by General Motors Co, on Thursday said it raised $2.75 billion in its latest funding round […]

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Citigroup profit triples, exits some overseas consumer units

(Reuters) -Citigroup Inc trounced analysts’ first-quarter profit estimates on Thursday as its outlook for an economic recovery driven by vaccinations and government stimulus allowed it to release reserves set aside for loan losses from the pandemic.FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar/File PhotoLike JPMorgan […]

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WHO expects decision on emergency listing for Chinese vaccines soon

A nurse holds a syringe containing a coronavirus disease (COVID-19) vaccine made by the Beijing Institute of Biological Products, a unit of Sinopharm subsidiary China National Biotec Group (CNBG), at a vaccination center during a government-organized visit, in Beijing, China, April 15, 2021. REUTERS/Thomas PeterZURICH (Reuters) -The World Health Organization will decide late this month or in May on emergency […]

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Cathie Wood's Ark buys into Coinbase, sells a bit of Tesla

LONDON (Reuters) – Cathie Wood’s Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange’s Nasdaq debut on Wednesday and sold some Tesla shares, according to their daily fund trading summary.FILE PHOTO: The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New […]

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