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Novavax, Serum Institute to produce 2 bn Covid vaccine doses under new deal

The U.S. company's vaccine is in mid-stage trials after an early-stage trial showed it produced high levels of antibodies against the novel coronavirus

China's August industrial output accelerates as recovery gathers pace

An annual decline in fixed-asset investment over January-August also moderated due to government stimulus efforts

As India bans exports, onion turns costlier by 50% in Bangladesh

The surprise move, which took immediate effect on Monday, could help cut prices in India, but boost prices in Asian nations

Gaming giant Tencent joins Chinese tech firms investing in Singapore

Tencent will develop a full-scale comprehensive hub in Singapore that will house its international game publishing business

Former Nissan executive Kelly's trial begins in Tokyo without Ghosn

Former Nissan Motor executive Greg Kelly denied charges he helped ex-boss, Carlos Ghosn, hide income as the American lawyer's trial opened in Tokyo

Apple rolls out virtual fitness service, Apple One subscription bundle

The Apple One bundle will cost $15 per month for an individual plan or $20 per month for a family plan and include television, music and games

Defiant USTR says WTO China tariff ruling shows trade body's inadequacy

Lighthizer said the decision shows that the WTO provides no remedy for China's "misconduct"

WTO finds Washington violated trade rules by imposing tariffs on China

China's commerce ministry said Beijing supported the multilateral trading system and respected WTO rules and rulings, and hoped Washington would do the same

Some volunteers quit J&J Covid-19 trial in Spain after AstraZeneca scare

By Silvio Castellanos and Michael Gore

General Motors explores market for electric 'flying cars': Report

By Ben Klayman

Google faces grilling on ad business before US Senate antitrust panel

Alphabet Inc's Google will be questioned about its ad business in a hearing on Tuesday, with a particular focus expected on whether it misused its dominance in online advertising to drive profits

WHO praises AstraZeneca for pausing coronavirus vaccine global trial

A WHO official on Tuesday said that the decision by AstraZeneca to pause global trials of its experimental coronavirus vaccine after an unexplained illness showed the firm was prioritising safety

US pulls back from import bans for cotton, tomatoes from China's Xinjiang

The Trump administration shelved plans for a broad import ban on cotton and tomato products from China's Xinjiang region while announcing narrower bans on products from five specific entities

Britains's Domino's Pizza to create 5,000 new jobs amid coronavirus

Domino's Pizza Group said it was creating 5,000 new jobs in the UK, including chefs and delivery drivers, on top of the 6,000 jobs it had created since the start of the coronavirus pandemic

Show on runaway Indian biz tycoons: Netflix argues for free speech in court

"Bad Boy Billionaires" is a documentary series about liquor tycoon Vijay Mallya, Sahara group's Subrata Roy, Indian IT executive Ramalinga Raju and jeweller Nirav Modi

Chinese firms bet on plant-based meat as Covid fuels healthy eating trend

Many curious customers at the Beijing Hope Tree restaurant said the meatballs - made from a base of pea and soy protein - tasted like tofu

Shell focussed on turning around troubled Australian operations

In July, Shell booked $11 billion in writedowns on its gas business, mostly on its Australian Prelude floating LNG and QGC business

Nayara Energy sees diesel recovery to pre-COVID-19 level by end-2021

Diesel demand growth is likely to return to pre-COVID-19 levels by the end of 2021 or early 2022, said Ashutosh Deshpande at the Platts APPEC 2020 virtual conference

Gold prices rise on softer dollar, investors focus on US Fed Reserve meet

Spot gold was up 0.3% at $1,962.78 per ounce by 0259 GMT, adding to a 0.8% gain in the previous session. U.S. gold futures climbed 0.5% to $1,972.60

Funds and firms call for tougher 2030 European Union climate target

127 business leaders and 30 investors, some of whom are in the IIGCC, also backed an emissions-cutting target of "at least 55%" by 2030