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World's rich nations jostle to lead OECD, the clubhouse of globalisation

The OECD acts like an auditor for globalisation, shaping policies and setting standards in areas from taxation to trade and education

Alibaba Group's 'most influential woman' to get $5 bn richer on Ant IPO

The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she's played a key role guiding Jack Ma's empire

City locked down for three months has bleak lessons for the world

Business leaders say it may take years for Melbourne -- ranked as the world's second-most livable city last year -- to recover

Aston Martin raises $1.7 billion from Mercedes to steer out of auto crisis

The British carmaker is raising a total of about 1.3 billion pounds ($1.7 billion) through bond and stock offerings, most of which will be used to refinance existing debt

A blockbuster $34.5 bn IPO: Here is what's at risk for Jack Ma's Ant Group

Ant's meteoric rise was made possible in part by China's willingness to let it experiment

As demand picks steam in Sep, Indian economy's animal spirits soar

Economists, including those at the Reserve Bank of India, attributed the recovery to pent-up demand after a strict lockdown imposed in March to contain the coronavirus outbreak

Bihar: What is at stake for Modi in the first election after Covid-19?

The state is currently ruled by a coalition that includes Modi's BJP and the election will be the first political test of how voters view his handling of the pandemic

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Google parent moves to a majority voting approach for directors

Going forward, members of the company's directors will be elected by a majority vote, according to a company filing on Monday. The board approved the decision last week

Least hit by pandemic: Why Arab nations are still enduring economic pain

Structural issues predating the pandemic are inflicting disproportionate pain

PM Boris Johnson faces lockdown revolt from more than 50 UK Tories

In a letter to the PM, the MPs warned that his pandemic strategy of targeting local areas with restrictions is disproportionately damaging the economies of northern regions

UBS Wealth, State Street pick Indian stocks as US election hedge

Firm recommends these shares even beyond Nov 3 vote, as it expects market to be insulated from the election outcome

Banks working on Ant Group's Hong Kong IPO could get $396 million windfall

Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option

Cadila scouts partners to ramp up Covid vaccine production by 50 to 70 mn

The Ahmedabad-based firm is looking to hire contract manufacturers for an additional 50 million to 70 million doses of its plasmid DNA vaccine

States' rising debt amid pandemic a risk to their finances, says RBI

The maturity profile of states' debt suggest that redemption pressure is likely to double from 2026 onwards

Dairy farmers become roadblock for India's trade deals with US, EU

Opposition from politically-influential dairy farmers makes government hesitant to allow free access of dairy products from other countries

Astra-Oxford Covid vaccine back in race as US FDA allows trials to resume

The swift resumption of the other trials will let health officials comb through more data as the American study proceeds

How Covid-19 disruptions and food inflation have worsened RBI's trilemma

In India, with supply chain disruptions and food prices pushing inflation stubbornly above target, handling the trinity is looking tougher

Antibody stops responding to virus over time: Covid vaccine under scrutiny

The study suggests that antibodies, a marker of exposure to the coronavirus, may not be lasting in all people

SAP slips 21%, biggest fall since 1991 as revenue hit by lockdowns

In a test for Christian Klein, who became sole chief executive officer in April, the pandemic will delay SAP's goals for cloud revenue, overall sales and operating profit by one or two years