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India open to launching own app store as start-ups criticise Google: Report

Alphabet-owned Google also said this week that it will strictly enforce a policy which will levy a 30% commission on payments made within apps on its Android store.

PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic

Sales of snacks under the company's Frito-Lay North America unit, rose 7% in the quarter

Russia 'confident' on Covid-19 vaccine, to share legal risks: Report

With the global vaccine race hotting up, and dozens of candidates being tested on humans, backers of Russia's 'Sputnik-V' shot see liability as a key battleground as they aim to capture market share

EU regulator in contact with 38 makers of potential Covid-19 vaccines

Vaccines must be authorised by EMA before they can be used in the European Union. No Covid-19 vaccine has been authorised in Europe

Intel Corp gets US licences to supply some products to China's Huawei

Intel Corp has received licences from US authorities to continue supplying certain products to Huawei Technologies, a company spokesman said on Tuesday

Oil rises as US storm eases, but demand worries linger amid virus surge

US West Texas Intermediate crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel

Powell says central bank committed to using all tools to help recovery

The Federal Reserve remains committed to using all the tools at its disposal to help the US economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said

Elon Musk sees no immediate boost from 'Battery Day' tech unveil

Many analysts and industry officials expected Musk to unveil battery improvements at the widely-anticipated event

Asian stocks fall on concerns about fresh lockdowns, banking sector

On Wall Street, the Dow Jones Industrial Average fell 1.84%, the S&P 500 lost 1.16%, and the Nasdaq Composite dropped 0.13

Surging dollar holds near six-week high as coronavirus fears return

The dollar rose 0.6% against the euro, 0.9% against the Aussie and even made gains against the safe-haven currencies of the Japanese yen and Swiss franc

Huawei plans more cuts to jobs, investment in Australia over sour relations

The Australian operation of Huawei Technologies Co Ltd said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra

Investors brace for months of market swing as virus, political worries loom

Market participants aren't expecting the turbulence to die down any time soon

Oil falls 5% as economic outlook dims with rising coronavirus cases

Crude oil followed other equities and commodities markets in turning risk-averse on Monday as rising Covid-19 infection rates in Europe and other countries prompted renewed lockdown measures

Dengue may provide some level of immunity against Covid-19: Study

The not yet published study led by a professor at Duke University, compared the geographic distribution of coronavirus cases with the spread of dengue in 2019 and 2020

Trump suggests Pfizer could win first US approval for Covid-19 vaccine

'Pfizer's doing really well', Trump said in an interview

CDC takes down guidance on possible airborne spread of coronavirus

The now-withdrawn guidance, posted on the agency's website on Friday, recommended that people use air purifiers to reduce airborne germs indoors to avoid the disease from spreading

Traders shun risky assets as new lockdowns loom, global stocks tumble

Stocks across the world hit their lowest in seven weeks and other risk assets sold off on Monday

US debt to hit nearly twice of GDP by 2050: Congressional Budget Office

The CBO, in its annual Long Term Budget Outlook, said that increased federal government spending associated with the coronavirus pandemic has accelerated the growth of US budget deficits and debt

London Mayor proposes new Covid-19 restrictions to curb virus surge

"We will collectively be asking the government to implement this plan as soon as possible and I will be discussing it with the Prime Minister tomorrow morning," Mayor Sadiq Khan said in a statement

JP Morgan decides against including India's govt bonds in EM index

India has one of the largest local currency government bond markets among emerging-market economies with over $800 billion in debt stock