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Uber defends business model at UK's Supreme Court over workplace rights

Uber says its practices have been used for decades by private hire vehicles known as minicabs, which cannot be hailed in the street like traditional taxis

Oil steady as vaccine news counters rise in coronavirus cases, fuel demand

Brent futures were up 15 cents, or 0.4 per cent, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83

Adevinta wins auction to buy eBay's classified ads unit for $9 billion

The acquisition comes as the coronavirus crisis boosts demand for online marketplaces, with consumers turning to online shopping due to prolonged lockdowns and social distancing measures

Oil major Chevron to buy Noble Energy in $5 billion all-stock deal

The offer values Noble at $10.38 a share or 0.1191 Chevron share, a 7.5% premium to Noble's Friday close. The deal would value Noble at roughly $13 billion, including debt

India seeks new preferential treatment from US on drugs, other goods

India accounts for 40 per cent of US generic drug imports, including the anti-malarial hydroxychloroquine, touted by US President Donald Trump in the fight against Covid-19.

Govt likely to reduce number of PSU banks to just five, says report

The government official said that such a plan would be laid out in a new privatisation proposal the government is currently formulating, and this would be put before the cabinet for approval

GSK buys 10% stake of German biotech firm CureVac in $164-million deal

GSK and CureVac, backed by Bill Gates, will work on developing up to five so-called mRNA-based vaccines and monoclonal antibodies (mAbs) for infectious diseases, they said.

S&P 500 gains on promising Covid-19 vaccine data, more stimulus hopes

US drugmaker Pfizer and German biotech firm BioNTech reported additional data from their experimental Covid-19 vaccine that showed it was safe and induced an immune response in patients

Pfizer-BioNTech potential Covid-19 vaccine shows promise in additional data

The companies said the data also demonstrated an induction of high level of T-cell response against the novel coronavirus

How Reliance Jio's Google deal in India threatens Chinese mobile market

Powered by a clever mix of Bollywood, cricket-driven marketing and product features such as powerful cameras, the Chinese firms at present sell roughly eight of every 10 smartphones in the country

Hong Kong's 'specialness' being eroded, zero growth plausible, says S&P

Hong Kong's long-term economic prospects faced risks from the deterioration in the US-China relationship, resulting in a decoupling of the US dollar and Chinese financial systems, S&P said

Alibaba's Ant Group starts concurrent IPO process in Shanghai, Hong Kong

A concurrent listing of Ant - one of the world's most hotly-anticipated IPOs - would be a boost to both cities' status as capital market centres

Investment consultants RVK who advise on trillions scored taxpayer loans

The Portland, Oregon-based company, known as RVK, disclosed in the filing that it had been helped by some extra cash: a forgivable loan of between $2 million and $5 million

Huawei says it's working with Telecom Italia despite 5G exclusion: Report

Huawei Technologies is working with Telecom Italia despite being shut out of a recent tender to supply new generation 5G technology, chairman of Chinese group's Italian unit said

Oil falls as virus infections rise, eyes on European Union recovery plan

Brent crude was down 24 cents, or 0.6%, at $42.90 per barrel by 0943 GMT while US West Texas Intermediate (WTI) slipped 23 cents, or 0.6%, to $40.36

Britain signs deals with Pfizer, BioNTech, Valneva for Covid-19 vaccines

Deals follow a previously announced agreement with AstraZeneca for the firm to produce 100 million doses of its potential vaccine being developed in partnership with the University of Oxford

Global banks scrutinise Hong Kong clients for pro-democracy ties: Report

Checks at some wealth managers have involved combing through comments made by clients and their associates in public and in media, reports Reuters

EU leaders struggle with 'mission impossible' at deadlocked recovery summit

Leaders may abandon the summit and try again for an agreement next month, say diplomats

Oil prices slip as worsening Covid-19 threatens recovery in fuel demand

More than 14 million people have been infected by the novel coronavirus globally and nearly 602,000 have died, according to a Reuters tally

UK lawmakers, retailers call for action against exploiting garment workers

The letter was published following media reports of workers being paid below the UK minimum wage