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White House says it does not expect US government shutdown at month's end

The White House on Thursday said it expects Congress to approve the legislation needed to avoid a government shutdown at the end of the month, when current spending bills expire

Yum China to raise $2.2 billion in Hong Kong secondary listing: Report

The company had flagged it would sell 41.91 million shares in the deal and the price is a 4.8% discount to the stock's Thursday closing price of $55.92 in the US

Virgin Australia creditors approve airline's purchase by Bain Capital

Virgin Australia Holdings Ltd's creditors on Friday voted in favour of the purchase of Australia's second-biggest airline by US private equity group Bain Capital

Job ads slow in United Kingdom but office experts in demand, survey shows

The number of job adverts in Britain rose at a slower pace in late August than earlier in the month but there were signs that companies were looking for staff to help with a return to their offices

Nokia's largest shareholder Solidium marginally raises stake to over 5%

Nokia Oyj's largest investor, the Finnish government's investment firm Solidium, has increased its stake to just over 5% for the first time, from about 4.8%, according to a regulatory filing

Hong Kong financial firms step up compliance hiring amid US sanctions

Demand for compliance staff has risen by as much as a third from a few months earlier, two headhunters said

US Federal Reserve policymakers signal comfort with higher inflation

But once the coronavirus is under better control and unemployment has come down somewhat, he said, the Fed may need to shift its accommodative policies into higher gear

Silver Lake in talks to take $1 billion stake in Reliance Retail: Report

Reliance, an oil-to-telecoms conglomerate controlled by India's richest man, Mukesh Ambani, is pitching its retail business as a formidable force

'Only language Putin understands': Germany asked to drop pipeline project

Merkel said on Wednesday that Navalny, who is being treated in a Berlin hospital, was the victim of a murder attempt using the nerve agent Novichok, and demanded an explanation by Russia

Covid-19 impact: UK job losses accelerate in August, PMI shows

The IHS Markit/CIPS Composite Purchasing Managers' Index (PMI), a monthly gauge of activity in services and manufacturing companies, rose to a six-year high of 59.1 from 57.0 in July

India steps up scrutiny of Chinese influence group amid border tensions

The closer monitoring of the Chinese Association for International Understanding comes at a time when India and China are locked in their most serious border dispute in more than half a century

China opposes India banning mobile apps, asks for 'correction of mistakes'

Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng said

US recovery, slow and uneven, is hampered by 'uncertainty': Fed survey

The Fed, in its "Beige Book" report, highlighted the uneven rebound underway in the US economy

Onboarding during Covid: New hires grapple with office politics from home

The companies that get it right should have an expanded, grateful workforce, but get it wrong and new hires could find it hard to develop team spirit

Tencent shares fall over 2% after India bans PUBG game, other mobile apps

The stock traded 2.2 per cent lower at HKUS$533 in the afternoon, on track to snap two straight sessions of gain

Sanofi and GSK launch trial for protein-based coronavirus vaccine

PARIS (Reuters) - French drugmaker Sanofi and its British peer GSK have started a clinical trial for a protein-based COVID-19 vaccine candidate, as pharmaceutical companies race to develop treatments

Aug services PMI jumps to 41.8 vs 34.2 in July; still in contraction zone

August was the sixth straight month the index was sub-50, the longest such stretch since a 10-month run to April 2014

Verizon, Amazon may invest over $4 billion in Vodafone Idea: Report

The fundraising is crucial for cash-strapped Vodafone Idea to pay government dues and invest in upgrading its network

United Airlines to axe 16,370 workers, many more going without pay

Many staffers have opted for leave that provides healthcare but no money, according to Association of Flight Attendants-CWA International President Sara Nelson

Tesla's Musk discusses vaccine project, car plant with German politicians

Tesla is helping to build mobile molecule printers to make the potential COVID-19 vaccine under development by CureVac