BUSINESS

The gains tracked advances on Wall Street, though investors will be keeping a wary eye on several data releases this week that will provide a fresh snapshot of the US economy.

There have been frequent checkpoint closures and flare-ups of violence along the mostly mountainous dividing line splitting the two nations, which no Afghan government has ever recognised.

His Hong Kong-listed firm said in a filing dated Sunday that it was now "aware that Mr. Bao is currently cooperating in an investigation being carried out by certain authorities" in mainland China.

The defendants then traded in Kodak stock, resulting in profits of more than $500,000 for Andrew Stiles and more than $700,000 for Gray Stiles, the indictment said.

U.S streaming giant Netflix Inc is making preparations to open an office in Vietnam after years of negotiations with authorities and completing a risk assessment, two sources with knowledge of the matter said.

Such efforts have become a priority for authorities, the fund said, after the collapse of a number of crypto exchanges and assets over the last couple of years, adding that doing nothing was now "untenable".

Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world's biggest gambling hub, lifting stocks and bonds of casino operators as investors bet on a boom in their revenues.

The deal aims to expedite the development of a rail network that will link Oman to the UAE.

The I2U2 is a four-country group that includes India, Israel, US, and the UAE.

Most of the contracts were awarded to local companies.

Foxconn Chairman Liu Young-way departed on Tuesday for a four-day inspection of the company's iPhone plant in Zhengzhou, China, a source with direct knowledge of the matter said.

The Asia-focused lender said it made $17.5 billion before tax, down more than seven percent on-year, while reported revenue increased by four percent to $51.7 billion.

Meta Verified will be rolled out in Australia and New Zealand this week before coming to markets in the United States and other countries.

Sony is the world's largest maker of image sensors widely used in smartphones and autos.

The world's largest maker of personal computers (PCs) said on Friday that total revenue during the October-December quarter was $15.3 billion, down 24% from the same quarter a year earlier.

Data showing the US wholesale price index eased slightly last month but rose more than forecast, reinforcing the view that the central bank still had much more work to do to defeat inflation -- even after almost a year of lifting borrowing costs.

Over the first three months of 2021, more than $400 million flowed from the Binance.US account at California-based Silvergate Bank to this trading firm, Merit Peak Ltd, according to records for the quarter, which were reviewed by Reuters.

Housing, water, electricity, gas and other fuels, with a 25.5% weight of the consumer basket, the largest category, rose 6.6% from a year earlier.

The energy minister said the decline in other countries' capacity to produce oil may pose a threat to the global oil market.

U.S. crude inventories rose by about 10.5 million barrels in the week ended Feb. 10, according to market sources citing American Petroleum Institute figures on Tuesday.

The airline's first new aircraft purchase since 2006 is part of an ambitious plan to return to profitability in the world's third-biggest air transport market.

"Energy traders were expecting to hear news about refilling the SPR and not tapping them for more supplies," Edward Moya, an analyst at OANDA said.

Japan's currency had weakened on uncertainty surrounding the next governor of the Bank of Japan.

SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to two sources familiar with the situation.

Given the sophisticated technologies involved with these virtual assets, countries must discuss whether a given regulation is needed, said Sitharaman, whose country is this year's G20 president.

Both contracts rose more than 8% last week, buoyed by optimism over demand recovery in China, the world's top crude importer and No. 2 oil consumer, after COVID curbs were scrapped in December.

The Hindenburg report has plunged the group, led by billionaire Gautam Adani, into crisis, wiping some $110 billion off the value of the group's main seven listed firms.

The downturn was partly due to a report on Thursday showing the number of Americans claiming unemployment benefits increased more than expected last week, which reignited recession fears.

The combined $219 billion in profits allowed BP, Chevron, Equinor, Exxon Mobil, Shell and TotalEnergies to shower shareholders with cash.