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India and South Africa ask WTO to waive rules to aid Covid drug production

The two countries said that developing nations are disproportionately affected by the pandemic

Trump's Covid-19 diagnosis fuels uncertainty for volatile US stock market

Should uncertainty persist, technology and momentum stocks that have led this year's rally may be particularly vulnerable to a selloff, some investors said

Japan's Sony and Kioxia seeking US approval to supply to Huawei: Nikkei

Japan's Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for US approval to continue supplying Huawei Technologies Co Ltd

Paytm, other startups vow to fight 'big daddy' Google's clout: sources

Setting the stage for a potential showdown, entrepreneurs held two video conferences this week to strategise

Sao Paulo state in Brazil asks approval to use Sinovac Covid-19 vaccine

Sao Paulo, Brazil's most populous state, is one of the sites of Phase III clinical trials for the Sinovac vaccine conducted by the state's Butantan Institute, a leading biomedical research center

At 7.9%, US unemployment rate spells trouble for Trump ahead of polls

The mass exit of women from their jobs coincided with the start of the US school year, with many children learning online and at home

Covid-19 vaccine roll-out expected in less than 3 months in UK: Report

A mass roll-out of a Covid-19 vaccine in Britain could be finished in as little as three months, the Times reported, citing government scientists

Amazon reports over 19,000, or 1.44%, of US frontline employees had Covid

Some staff, elected officials and unions in recent months have said Amazon put employees' health at risk by keeping warehouses open during the pandemic

US job growth slows, nearly 4 million Americans permanently unemployed

The slowdown in hiring compounds problems for Trump, who announced overnight that he had tested positive for coronavirus

Noble Energy shareholders approve $4.1 billion sale to Chevron Corp

The all-stock deal values Noble Energy at around $4.1 billion, excluding $8 billion in debt

India's coronavirus death toll passes 100,000 with no sign of an end

The number of cases could rise to 12.2 million by the end of the year, said Bhramar Mukherjee of University of Michigan

GIC, TPG to invest about $1 billion in retail arm, says Reliance Industries

GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity stake in the retail arm

Donald Trump to be moved to military hospital after Covid-19 diagnosis

Trump, 74, will be moved to a special suite at Walter Reed National Military Medical Center in Bethesda, Maryland, for the next few days as a precautionary measure, White House said

Wall Street closes lower as Donald Trump tests positive for Covid-19

Tech shares weighed heaviest on the indexes, but the blue-chip Dow's losses were mitigated by gains in economically sensitive cyclical stocks

US House gives approval to Democrats' $2.2-trn coronavirus aid plan

Objections from top Republicans are likely to doom the House Democrats' plan in the Senate. Senate Majority Leader Mitch McConnell has called the $2.2 trillion price tag "outlandish"

Trump's youngest son, Barron, tests negative for coronavirus: White House

Barron tested negative and all precautions are being taken to ensure he's kept safe and healthy," said Stephanie Grisham, chief of staff for Melania Trump

Oil down 3% after Donald Trump gets coronavirus and economies wobble

Brent crude slipped on the Trump news and was down $2.05, or 5.01%, at $38.88 a barrel by 1324 GMT. US oil was down $2.01, or 5.19%, at $36.71

US health secy Azar says he tested negative for Covid-19 after screening

Azar said during a congressional hearing on Friday that he was confident that the US Food and Drug Administration was not compromising its approval standards

Covid-19 still likely to be spreading exponentially, says UK govt

The Office for National Statistics had said there was some evidence that the steep increases in new Covid-19 cases, seen in recent weeks in England, was slowing down

No breakthrough in Brexit talks but optimistic of sealing deal: Merkel

Johnson will speak to the head of the EU's executive, Ursula von der Leyen, on Saturday to agree next steps after the bloc launched a legal case against Britain