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Uber sells its self-driving car business to Aurora for $4 billion

Uber is selling its autonomous driving unit, Advanced Technologies Group, to self-driving car startup Aurora, in a move that would accelerate the ride-sharing company's goal to achieve profitability

Japan announces $708 bn in economic stimulus to help recovery from Covid-19

Japan will compile a fresh 73.6 trillion yen ($708 billion) economic stimulus package to speed up the country's recovery from its deep coronavirus slump, Prime Minister Yoshihide Suga said

US Astra Covid-19 vaccine trial will tell how well it works: Top scientist

A top US scientist overseeing Covid-19 vaccine trials expects a large US study to determine how effective AstraZeneca's experimental inoculation is

UK, EU leaders to meet face-to-face to try to seal Brexit trade deal

British and EU leaders will meet face-to-face to try to seal a post-Brexit trade deal after failing again to narrow their differences recently

Universal Music picks up Bob Dylan's catalogue in blockbuster deal

The price was not disclosed, but is estimated at more than $300 million

Airbnb boosts IPO price range in sign of frenzied investor appetite

Airbnb struggled in the immediate aftermath of the virus outbreak as travel came to a grinding halt. But as lockdowns eased, more travelers opted to book homes instead of hotels.

Time is very short: Britain rules out any more Brexit talks next year

Prepared to negotiate if we think an agreement is still possible: PM's spokesman

Coffee Day appoints late founder V G Siddhartha's wife as new CEO

Bengaluru-based Cafe Coffee Day runs hundreds of coffee shops across India that brew cappuccinos and lattes for India's booming moneyed class.

LG shakes up loss-making phone business, to outsource lower-end models

LG Electronics said it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones, which analysts said represented an attempt to cut costs

India weighing quick emergency review of Pfizer, AstraZeneca vaccines

Serum Institute is making AstraZeneca's Covid-19 vaccine in India and has applied for emergency use authorisation.

Google removes some IAC browser extensions for 'policy violations'

Google was deciding whether to impose severe penalties on IAC over what Google concluded were 'deceptive marketing practices'

Brexit crunch time: EU and Britain remain divided over trade deal

Britain formally left the EU on Jan. 31 but has been in a transition period since then under which rules on trade, travel and business remain unchanged.

France's SocGen to shut 600 branches by 2025 by merging retail networks

France's Societe Generale expects to shut 600 branches in France by 2025 with the merging of its two retail banking networks.

China's November exports rise at fastest pace since February 2018

China's exports rose at the fastest pace since February 2018 in November, helped by strong global demand and as the factory recovery from Covid-19 outpaced those of its major trading partners

Mastercard to investigate allegations of child abuse against Pornhub

Mastercard said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse

Asian stocks hit record-high on hopes of US stimulus package, Covid vaccine

A gauge of Asian shares hit a record peak on hopes of a much-needed US stimulus package before year-end just as coronavirus vaccines roll out, while oil prices hovered near their highest since March

China's Covid-19 vaccine Sinovac gets $500 mn in funding for development

China's Sinovac Biotech said that it had secured approximately $500 million in funding for Covid-19 vaccine development

'Final throw of the dice': UK, EU to resume talks in efforts to save Brexit

Since Britain formally left the EU on Jan. 31, negotiators have missed several deadlines for a deal with the world's largest trading bloc before a status quo transition period ends on Dec. 31

Saudi Aramco raises January crude oil price for Asia, document shows

Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed

India plans to allow relinquished coal-fired plants to sell power

India's power ministry proposes letting coal-fired power plants keep selling power after completing their agreements with buyers, despite national promises to close old plants to curb pollution