What you need to know about the coronavirus right now

Here’s what you need to know about the coronavirus right now
Slate of Google updates boost its smartwatch, work collaboration efforts

Alphabet Inc’s (GOOGL.O) Google on Tuesday unveiled updates across many services, including Maps, Photos and operating systems, as the company showcases its role in a world that has become more digitally connected during the pandemic.
Stocks slip, crypto haemorrhage deepens amid inflation worries

Global stocks slipped and cryptocurrencies sank on Wednesday as a threat of unwanted inflation had investors shy away from assets seen vulnerable to any removal of monetary stimulus.
Oil prices fall on rising COVID-19 infections in Asia, inflation fears

Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.
Buyers beware as “altcoin” frenzy bruises bitcoin

Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered.
Julius Baer confirms targets as AuM grow 8% through April

Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion).
WOMEN IN OIL AND GAS GUYANA ELECTS EXECUTIVE BOARD

Guyanese women have formalized their approach to securing
a seat at the table of participation in the country’s burgeoning oil sector through electing the executive
members of the Women In Oil and Gas Guyana (WIOGGY) during their Annual Membership Meeting
held on Sunday, May 16, 2021.
Burry of ‘Big Short’ fame reveals large bearish bet against Tesla

The family office run by “Big Short” investor Michael Burry has disclosed a large bearish bet via options on Tesla Inc (TSLA.O).
London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair

The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest (NWG.L) bank chairman Howard Davies said on Tuesday.
China bans financial, payment institutions from cryptocurrency business

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.