Death toll rises from air strikes in Gaza and rocket fire on Israel

Israel carried out hundreds of air strikes in Gaza on Wednesday and Palestinian militants fired multiple rocket barrages at Tel Aviv and the southern city of Beersheba in the region’s most intense hostilities in years. At least 49 people have been killed in Gaza since violence escalated on Monday, according to the enclave’s health ministry. […]

A Zoom-free Friday afternoon will be incorporated by HSBC

HSBC is preparing Zoom-free Friday afternoons for many UK workers in an effort to alleviate stress caused by working from home, which is common during pandemics. Many other organizations have reported similar policies to enhance employee quality of life, and the pilot program supports them. In its commercial banking division, which includes current accounts, deposits, […]

EU asks AstraZeneca to deliver 120 million vaccines by end of June

The European Union wants AstraZeneca to deliver at least 120 million doses of its COVID-19 vaccine by the end of June, a lawyer representing the EU said on Tuesday at the opening of a legal case against the company over delayed supplies. The lawyer was speaking in a Belgian court as proceedings in the second […]

Asia shares fall on worries over inflation, Fed outlook

Asian shares declined in early trade on Tuesday as Wall Street retreated on worries about accelerating inflation, prompting investors to cut back on their exposure to growth-focused stocks on bets of higher interest rates in the not-too-distant future.

Indian oil refiners cut output, imports as pandemic hits demand

India’s top oil refiners are reducing processing runs and crude imports as the surging COVID-19 pandemic has cut fuel consumption, leading to higher product stockpiles at the plants, company officials told Reuters on Tuesday. Indian Oil Corp (IOC.NS), the country’s biggest refiner, has reduced runs to an average of between 85% and 88% of processing capacity, […]

Indonesia considers plan to tax trade in cryptocurrencies

Indonesia is considering a plan to tax the trading of cryptocurrencies after a surge in popularity among local investors, a tax official said on Tuesday. The Southeast Asian country has been seeking to shore up state revenues amid the coronavirus pandemic, though Neilmaldrin Noor, a spokesman at Indonesia’s tax office, said a tax scheme for […]