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Eli Lilly to continue other Covid-19 antibody drug trials after pausing one

Lilly said the government-sponsored clinical trial of its Covid-19 antibody treatment, which is similar to one taken by U.S. President Donald Trump, had been paused over safety concerns.

Huawei in talks to sell parts of its Honor smartphone business: Report

Embattled Huawei is resetting its priorities due to US sanctions and will focus on its higher-end Huawei phones rather than the Honor brand which is aimed at young people and the budget conscious

US watchdog probes Jockey's India partner over rights abuse allegations

Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees 'outrageous'

Wall Street edges higher in choppy trading after mixed bank results

An impasse over a Covid-19 stimulus bill in Washington also kept the mood in check

Goldman Sachs reports 94% rise in quarterly profit as bond trading surges

Bond trading revenue surged 49% to $2.5 billion, while equities trading rose 10% to $2.05 billion.

Japan's ANA airline secures $3.8 bn loan as Covid-19 travel slump bites

This is the first major subordinated loan package agreed in Japan since the beginning of the pandemic.

After Sputnik V, Russia now has a second Covid-19 vaccine, says Putin

Russia in August became the first country to grant regulatory approval for a Covid-19 vaccine, doing so before large-scale trials were complete

Covid: After two lost decades, US's weakest local economies may face worse

For 5,000 or so "distressed" zip codes it was by contrast a period of lost opportunity as they fell further behind, with the number of jobs declining even deep into the recovery

Nearly nine of 10 workers want to keep work-from-home option: Report

The pandemic has rapidly shifted attitudes towards home working with two thirds of workers developing a greater appreciation of the benefits and challenges of doing their jobs remotely

Gold pirces linger below $1,900 as dollar holds firm on stimulus hopes

Gold prices lingered below the key $1,900/ounce psychological level as lack of an agreement on additional US fiscal stimulus helped the dollar stay firm

Singapore GDP shrinks 7% in third quarter, more than forecasts

Singapore's economy contracted slightly more than expected in the third quarter from a year earlier, preliminary data showed on Wednesday.

Lilly halts trial of antibody drug Trump touted as cure over safety concern

Trump touted the Lilly drug, along with the antibody treatment from Regeneron Pharmaceuticals Inc that he received for his Covid-19, as tantamount to a cure in a video he posted last week

G20 to extend debt freeze for poorest nations, wrangling over next steps

Finance ministers and central bankers from China, the United States and other G20 countries mapped out their plans in a draft communique

Hong Kong's foreign exchange intervention highest since 2009 crisis

The Hong Kong Monetary Authority (HKMA) sold HK$10.9 billion ($1.41 billion) in interventions in Hong Kong and US trading hours

Fewer movies in theaters? Big media turns focus to streaming video

Disney is facing pressure from activist investor Daniel Loeb, founder of hedge fund Third Point, to increase funding to Disney+ and the rest of its streaming businesses

Oil prices steady as rising coronavirus cases stokes demand concerns

Brent crude futures for December fell by 8 cents, or 0.2%, to $42.37 a barrel by 0142 GMT while US

Hyundai Motor Group heir apparent Euisun Chung appointed as chairman

Euisun Chung has played an increasingly visible leadership role since September 2018 when he was promoted to executive vice chairman

iPhone 12: With a bigger and cheaper line up, Apple joins the 5G race

The new products will test whether Apple can ride a wave of consumer excitement around 5G wireless data networks

J&J to contribute up to $5 billion to potential US opioid settlement

The New Brunswick, New Jersey-based drugmaker had agreed last October to a $4 billion settlement framework negotiated with a group of state attorneys general

Wall Street closes lower on vaccine delay, dampened stimulus hopes

While all three major stock indexes closed in the red, a gain Microsoft Corp shares helped the mitigate the tech-heavy Nasdaq's loss