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Novartis replaces top scientists at Avexis unit over drug data manipulation

The Swiss drugmaker said last week that it was in the process of 'exiting' the Avexis scientists responsible for the manipulation of data on gene therapy Zolgensma

Lenovo warns of raising price if US tariffs increase; shares tumble 6.5%

Lenovo's warning amid mounting business uncertainty due to the U.S.-China trade war cast doubt on its sales outlook and took the shine off forecast-beating quarterly results

US stocks stumble on fears of looming recession; Dow falls over 700 points

The S&P 500 index has now sunk 4.5 per cent since President Donald Trump announced a fresh round of tariffs on Chinese imports

IL&FS may not have disclosed bad loans for years: RBI report

Reserve Bank of India's (RBI) report, dated March 22, 2019, found that non-performing assets on IL&FS's books were as high as 70% of its total loans and advances by March 31, 2018

Shrinking German economy 'on edge of recession' as exports stutter

The global slowdown, reinforced by Chinese industrial output expanding at its lowest rates in 17 years in July, has broadly impacted the euro zone

Hong Kong airport resumes flights after clashes and mass protests

Check-in counters reopened to queues of hundredsof weary travellers who had waitedovernight for their flights

German economy shrinks in Q2 as exports fall on weak demand, trade disputes

Positive contributions came from domestic demand as household consumption, government expenditure and gross fixed capital formation increased on the quarter

Wall Street tumbles on rising fears of recession; main indices down 2%

The Dow Jones Industrial Average was down 557.26 points, or 2.12%, the S&P 500 was down 62.63 points, or 2.14%. The Nasdaq Composite was down 190.71 points, or 2.38%

Lion Air 'urgently requires' more Boeing 737 MAX jets, says co-founder

Lion Air would need to be satisfied with the outcome of negotiations with Boeing before taking the planes

Automakers warm up to friendly hackers at cybersecurity conference

Known for its sprawling resorts and casinos, Las Vegas once a year becomes the gathering place for tens of thousands of cybersecurity enthusiasts who attend DEF CON

Japan to be out of South Korea's fast-track trade 'white list' from Sept

Japan announced earlier this month that it was removing South Korea from its own "white list" of countries that have enjoyed minimum trade restrictions.

Goldman Sachs raises recession alarm as US-China trade war intensifies

US President Donald Trump announced on August 1 that he would impose a 10% tariff on a final $300 billion worth of Chinese imports on September 1

Oil prices drop as US-China trade war concerns hit demand outlook

The US-China trade dispute rocked global equity markets last week, while a surprise build in US crude stocks added downward pressure to oil prices

Nickel prices jump in volatile Asian trade amid fears of Indonesia ore ban

The metal used to make stainless steel hit a 16-month high last Thursday before shedding 2.1% on Friday

British PM Johnson to meet Ireland's Varadkar over Brexit: Report

Johnson has told the European Union there is no point in new talks on a withdrawal agreement unless negotiators are willing to drop the Northern Irish backstop agreed by his predecessor Theresa May

Versace apologises after T-shirt triggers fierce criticism in China

'Versace reiterates that we love China deeply, and resolutely respect China's territory and national sovereignty,' the company said in a statement

Death toll in rains touches 147; hundreds of thousands put in relief camps

Heavy rain and landslides forced hundreds of thousands of people to take shelter in relief camps, while train services were cancelled in several flood-hit areas

Thousands protest in Kashmir over new status despite clampdown

In a tweeted statement on Saturday, spokeswoman for India's Ministry of Home Affairs, Vasudha Gupta, said that the estimate of 10,000 was 'completely fabricated & incorrect'

95 dead in floods in southern, western states; red alert on for Kerala

Last year, Kerala was hit by one of its worst floods in one hundred years

Middle-age hearing loss may be associated with dementia: Research

All were free of dementia at the start, but over time, 1,868 people developed dementia - and 59% of them came from the hearing loss group