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Tokyo Olympics chief quits, apologises again over sexist remarks

The resignation of the 83-year-old former prime minister further erodes confidence in organisers' ability to pull off the postponed Summer Games during a coronavirus pandemic

SoftBank Group-backed Coupang reveals revenue surge ahead of US IPO

In its filing, Coupang said 2020 total revenue jumped 91% to $11.97 billion from a year earlier, and net loss narrowed to $474.9 million from $698.8 million in the same period

Three wounded in Myanmar as hundreds of thousands of protesters defy junta

The United Nations human rights office said more than 350 people, including officials, activists and monks, have been arrested in Myanmar since the Feb. 1 military coup

Michael Klein-backed SPACs raise $1.68 billion in initial public offerings

Churchill Capital Corp VI raised $480 million after upsizing their offer from $400 million, while Churchill Capital Corp VII garnered $1.2 billion, raising from $1 billion

World shares dip and Bitcoin hits yet another record high

Bitcoin reached $49,000 before erasing gains

Tesla must recall 12,300 Model X over faulty moulding: German regulator

Tesla must recall around 12,300 Model X cars worldwide due to car body mouldings problems, Germany's motor vehicle authority (KBA) said

L'Oreal sales rebound as beauty business shifts online in pandemic

Earnings at luxury retailers and beauty companies were dented by the closure of airport duty-free shops and high street stores

Aus legislation to make Google, Fb pay for news in parliament next week

Australia is on course to become the first country to require Facebook and Google to pay for news content, legislation that is being closely watched around the world

US weekly jobless claims fall marginally as labour market recovery stalls

Claims remain above their 665,000 peak during the 2007-2009 Great Recession, though they are below the record 6.867 million reported last March when the pandemic hit the United States

Jeff Bezos to step down, hand over Amazon reins to cloud chief Andy Jassy

The announcement ends a long-running question about who would succeed the world's second-richest person at the company's helm

Daniel Pearl murder case: Pakistan SC orders release of main accused

The review panel, headed by Justice Omar Ata Bandyal, stood by the decision to acquit, and recommended that Sheikh should be moved to a "rest house" before being fully released

Wall Street climbs ahead of Amazon, Alphabet earnings; stimulus in focus

Ten of the 11 major S&P sectors advanced, with economy linked energy, financial and industrials gaining the most

Alibaba beats revenue forecast on online boom as Chinese regulators hover

The results come as China clamps down on company founder Jack Ma's business empire, having forced the suspension of a $37 billion IPO for financial affiliate Ant Group

Exxon posts first annual loss as a public company on Covid-19 impact

The company reported a net annual loss of $22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of $14.34 billion in 2019

Young, confident, digitally connected - meet America's new day traders

US-based stock trading app Robinhood says the average age of the 13 million users on its platform is 31

Haunted by sanctions, Myanmar businesses fear grim future under military

Businesses in Myanmar are bracing for a grim economic fallout from Monday's coup

Germany lays out reform of banking watchdog after Wirecard fraud

The acknowledgement of problems was a fresh indictment of Germany's supervision of a company that began by processing payments for gambling and pornography before becoming a star of fintech

Tesla to recall 134,951 US cars under pressure from auto safety regulators

The firm has agreed to recall Model S and Model X vehicles with touchscreen displays that could fail

All parties in Amazon-Future dispute should maintain status quo: Delhi HC

India's Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on Tuesday

Analysis: GameStop saga expected to revive scrutiny of hedge fund industry

Scrutiny of the non-bank financial sector was already expected to be high on newly appointed Treasury Secretary Janet Yellen's agenda