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AirAsia ceases Japan operations, says recovery 'extremely challenging'

The low-cost airline has been under immense pressure this year as Covid-19 roils the aviation industry

Businesses back to growth in top three Arab economies after stumble

The recovery has been fragile in much of the Middle East and faces a further test in the UAE because of a sharp pick-up in new coronavirus cases

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

Govt's key reforms fail to gain traction as pandemic upends India's economy

Modi's administration has delayed payments it promised India's 28 states as compensation under the new consumption tax regime, increasing tension between the two tiers of government

How one piece of hardware forced a full-day shutdown of Tokyo Stock Market

The full-day shutdown that ensued was the longest since the exchange switched to a fully electronic trading system in 1999

Almost everyone at SoftBank thinks going private is a bad idea, except Son

Preliminary work on a buyout got under way after a record drop in SoftBank shares in March, but the effort was later tabled as the stock price more than doubled with asset sales

SMIC says US is placing export additional restrictions on suppliers

The move could have "material adverse effects" on its production and operations, the company said

UK Prime Minister Boris Johnson warns angry public of 'tough' winter

The UK's Tories, in power for the past 10 years, are holding their annual conference online this year due to pandemic restrictions

Saudi tax relief unleashed for home buyers to keep boom rolling

Property transactions will instead be subject to a new 5% real estate sales tax, according to state-run news agency SPA

Cineworld Group to close US, UK screens after James Bond movie delay

The move comes after Metro-Goldwyn-Mayer on Friday canceled the November debut of the new James Bond movie, pulling the plug on one of the few big films left on the 2020 release calendar

Former Chinese diplomat worked on TikTok content policy, says report

Cai Zheng ran ByteDance's global content policy team in Beijing until early this year. He'd previously worked at China's embassy in Tehran, the FT said, citing a deleted LinkedIn profile

Vedanta's Q1 profit tumbles 23.5% as Covid-19 lockdown hurts output, demand

Vedanta's Hindustan Zinc, also Asia's most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production

New James Bond film 'No Time to Die' is delayed until 2021: Report

"Absent a miracle, the box office will regress in the coming weeks," said Shawn Robbins, chief analyst at BoxOffice Media

Changi airport, world's best, warns of 'daunting' future in raging pandemic

According to the International Air Transport Association, 25 million jobs are at risk in airlines and associated businesses such as travel and tourism

Global stock markets retreat after Donald Trump tests Covid-positive

While Trump was said to be experiencing only mild symptoms, his diagnosis adds to gloomy developments around the virus as big cities once again turn into hotspots.

Amazon's 20,000 US workers test positive for Covid-19 in 6 months

Amazon divulged the information to highlight how its investments in testing, cleaning and other protective measures are working, yet the disclosure was met with renewed concerns about worker safety

European Union leaders break deadlock to impose sanctions on Belarus

The EU follows the U.K. and Canada in taking action against the regime, saying that the Aug. 9 election that saw Lukashenko reelected was neither free nor fair

Slow recovery: US jobs rise less than forecast in September amid Covid-19

Nonfarm payrolls increased by 661,000 following an upwardly revised 1.49 million advance in August, according to data Friday from the Labor Department

Trump's Covid-19 infection may provide opportunity for hedge funds in yen

Leveraged funds are likely to buy the Japanese currency as the diagnosis triggers a surge in haven bids, reversing the small bearish position they held last week

5G arrival tees up patent fights in a market set to grow 12,000%

Automakers are now in court fighting some of the same companies that phonemakers such as Apple had to pay billions of dollars for use of their wireless standards technology