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Japan Sep retail sales fall 8.7% y-o-y as shopping appetite remains subdued

Japanese retail sales fell 8.7% in September from a year earlier, down for a seventh straight month, government data showed, as the coronavirus pandemic kept a lid on consumers' shopping appetite

SoftBank attempted to delay WeWork's $3 bn share purchase: Court filing

The transcript includes an undated text exchange between Son and Marcelo Claure, who he installed as WeWork's executive chairman last October

Boeing deepens job cuts as Covid-19, 737 Max grounding extend losses

The US planemaker also said it was sticking with reduced production rates announced in July, and signaled it was ready to cut 787 production again if needed with 50 undelivered jets sitting outside

Bank of Japan trims growth and price outlook, keeps policy steady

As widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0%

If elected, Joe Biden would consult allies on tariffs on China: Advisers

China has been a central foreign policy focus in the 2020 presidential campaign

US Federal Trade Commission loses bid to revive Qualcomm case

On August 11, a three-judge panel of the 9th Circuit said the FTC failed to establish that Qualcomm's practices had an anticompetitive effect on the cellular chip market

Wall Street sinks 3%, Dow at late July lows as coronavirus pandemic surges

The sell-off accelerated during the session's final minutes,with both the Dow and benchmark S&P 500 posting their biggest single-day declines since June 11

Samsung sees profit decline on weak chip demand after strong Q3 earnings

The world's top maker of smartphones and memory chips posted a 59% jump in operating profit in the July-September quarter

US pitches cheaper solar tech to India amid high dependence on China

India has an ambitious plan to increase its renewable energy capacity to 175 gigawatts (GW) by 2022, nearly three-fifths of which will be solar power

Oil plunges over 5% as pandemic surges, US crude stockpiles, output soar

Also weighing on the market, US crude stockpiles rose more than expected last week as production surged in a record build

Britain's Heathrow airport loses European crown during Covid-19 pandemic

The airport criticised the UK government for being slow to introduce an airport testing regime to replace 14-day quarantine rules, and said the delays were causing additional harm to the economy

Hong Kong bars Air India flights for 4th time after fliers contract Covid

This is the fourth time that Air India flights from India have been banned by the Hong Kong government for bringing passengers who tested positive for the infection after arrival

S&P 500, Dow sink to September lows on spiraling pandemic, election worry

All three major indexes fell about 3 per cent

German watchdog launches anti-trust probe into Amazon, Apple: Report

Amazon said that it is cooperating with the German authorities, adding it continuously invests to protect its store from illegitimate goods

LVMH, Tiffany agree to cut price of $16 bn deal, end legal dispute: Report

The new terms would mean a discount of $425 million for LVMH, led by billionaire businessman Bernard Arnault, or less than 3% of the initial deal price

Indian refiners bet on petrochems to cater rising demand, avoid low margins

At present Indian refiners are geared up to maximise output of diesel, which makes up about two-fifths of refined fuel demand in Asia's third-largest economy

'Who the hell elected you?': US Senate tech hearing becomes political clash

Senator Ted Cruz went after Twitter's Jack Dorsey after the CEO said Twitter has no influence over elections

Lost in translation: Amazon's website launch in Sweden marred by glitches

The word valdtakt, which means rape in Swedish, is being used on several products instead of raps - the correct Swedish word for a plant

Zuckerberg struggles to connect, forcing U.S. Senate hearing to pause

Facebook told the committee that Zuckerberg was alone. He was able to get connected in a couple of minutes.

Germany pushes up 2021 debt plans to finance new coronavirus aid

People familiar with the matter told Reuters earlier on Wednesday that Scholz is mulling a coronavirus aid package worth up to 10 billion euros to compensate firms forced to close