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Indian economy staring at double-digit decline as Covid-19 cases spike

The failure to get infections under control will set back business activity and consumption -- the bedrock of the economy -- which had been slowly picking up

Another favoritism scandal rocks South Korea in setback for Moon

The case has drawn parallels to a controversy last year that forced Moon's previous justice minister, Cho Kuk, to resign -- driving the government's approval rating to an all-time low

Covid-19: Banks get more capital relief as ECB wants stimulus to work

Banks will be temporarily allowed to tweak the math behind a financial strength metric known as the leverage ratio to their benefit by stripping out deposits held at central banks, the ECB said

Singapore wants cold war's casualties, not a truckload of new money

As escalating violence on its border with China draws India closer to the US, globally-minded Chinese firms need neutral addresses to avoid becoming collateral damage

Boris Johnson faces Lords fight after giving ground to Brexit rebels

Johnson's plan has prompted threats of legal action from the European Union and been widely criticized for damaging Britain's reputation for respecting international agreements

Oracle to get access to TikTok's source code to eliminate Chinese backdoors

TikTok parent ByteDance Ltd. and Oracle submitted these details in their proposal to the Trump administration with a goal of averting an outright sale of the app or a shutdown of its US operations

Supreme Court rejects SBI plea for resuming IBC case against Anil Ambani

The case is among the first high-profile ones after rules were set for personal bankruptcy last year

Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund

The fund will also target companies restructuring under India's bankruptcy regime, the people said

This CEO may have found a solution to retailers' last mile dilemma

Online shopping is "here to stay" and "there's a real opportunity for us to parlay this and become the last-mile delivery answer," Ball said in an interview in Stockholm

Trump wants a vaccine by end of this year but the barriers are too high

But the administration has also offered timelines for a vaccine that fly in the face of almost every experience in pharmaceutical history

Boeing hid design flaws in 737 Max from pilots, regulators: US panel

A 245-page report issued Wednesday provides the most scathing account so far of the miscalculations that led to 346 deaths, the grounding of Boeing's best-selling jet and billions of dollars in losses

Volkswagen follows Daimler with green-bond cost savings in debut deal

The maker of VW and Audi brand cars sold 2 billion euros ($2.4 billion) of green bonds divided between eight-year and 12-year tranches

Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending

The reading of 0.2% was slightly higher than the zero forecast by economists, although the drop from July's reading of 1% was still the biggest since 2008

British Airways says Covid-19 pandemic likely to cost 10,000 jobs

The flagship U.K. carrier has seen 7,200 people leave as of last week, Chief Executive Officer Alex Cruz told lawmakers in London on Wednesday

Yoshihide Suga sets sights on structural reforms for debt-ridden Japan

Suga has vowed to stay true to Abenomics, but economists doubt there's much more monetary pizazz to be squeezed out of the Bank of Japan

Singapore govt to pay citizens for keeping healthy with Apple Watch

As part of the scheme, Si­ngapore residents will be able to earn as much as $280 by completing goals and tasks set within the app

Now China's communist party wants stronger role in the growing pvt sector

The party called on the United Front to improve the government's leadership role in the nation's private sector, according to guidelines issued by the General Office of the CPC

Airlines in India seek $1.5 bn in interest-free credit line, says govt

Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.

OECD sees world economy withstanding coronavirus better than forecast

The better view reflects the strong economic pickup in recent months and the vast injection of public resources

The drought for India's IPOs may be easing in their worst year since 2016

A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years