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Oil drops as Suez opens, focus turns to OPEC+ output cuts

(CNBC)- Oil prices fell on Tuesday as the Suez Canal opened up after days closed by a grounded supercarrier and…

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Gold slides 2% to 3-week low on surging U.S. yields

(CNBC)- Gold prices shed nearly 2% on Tuesday on a firmer U.S. dollar and higher Treasury yields, while hopes of…

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German state suspends AstraZeneca vaccine use for under-60s

KEY POINTS Berlin’s top health official, Dilek Kalayci, said Tuesday that the decision was taken as a precaution. The country’s…

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Crypto investor who bought Beeple’s NFT for $69 million says he would have paid even more

KEY POINTS The buyer of the $69 million NFT by the artist Beeple said he was prepared to bid even…

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Dow slips from a record high, Apple and Microsoft lead losses

(CNBC)-U.S. stocks fell on Tuesday as major technology shares came under pressure again after the 10-year Treasury yield touched its…

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Xiaomi launches its first foldable phone and camera chip as it looks to challenge Samsung

KEY POINTS Xiaomi launched the Mi Mix Fold, its first foldable phone on Monday, as it looks to challenge Samsung.…

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As Wall Street reels, Archegos’ fire sale raises big questions about regulation

KEY POINTS Reports suggest that several banks had communicated with one another on the Archegos squeeze. Some proceeded to unload…

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