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Britain, US sign aviation deal for post-Brexit flights replacing EU deal

"The arrangement will replace the current EU agreement, preserving the continuation of travel," the DfT statement said

We didn't delay vaccine results until after US election, says Pfizer CEO

Last week, Pfizer and BioNTech said their vaccine was more than 90% effective at preventing Covid-19, based on an initial analysis

Saudi Aramco gets $8 billion with jumbo five-part bond deal: Report

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices

Bank of England's Ramsden sees plus for economy from Covid-19 vaccine news

The BoE this month increased its bond-buying stimulus plan by a further 150 billion pounds, something Ramsden said would act as a bridge for the economy.

S&P 500, Dow pull back from record highs as shutdown worries loom

The broad sell-off was a reversal of Monday's rally, in which the blue-chip Dow reached its first record closing high since before the pandemic

Economy still needs fiscal, monetary support: Federal Reserve's Powell

The Fed is committed to "using all of our tools to support the recovery for as long as it takes until the job is well and truly done," Powell said

Oil dips on Covid-19 lockdown worries even though OPEC+ may tighten supply

Brent was down 29 cents, or 0.6%, at $43.53 a barrel by 1444 GMT while US crude was down 27 cents, or 0.6%, at $41.07. Both had been up 40 cents earlier in the session.

Facebook, Twitter CEOs to testify before US Senate over content moderation

The hearing was expected to be highly political, as indicated in Chairman Lindsey Graham's opening remarks

Amazon launches online pharmacy in US, takes on Walmart, CVS, Walgreens

Shoppers can toggle at checkout between their co-pay and a non-insurance option, heavily discounted for members of its loyalty club Prime

Amazon launches online pharmacy in new contest with drug retail

Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company's website or app.

Pakistan approves funding for carrier PIA's voluntary redundancy scheme

The loss-making carrier has been looking to reduce costs, particularly since the impact of the pandemic, as well as the fallout from a fake pilot credentials scandal

Saudi calls on OPEC+ to be flexible as it weighs oil cut extension

The JMMC, which can recommend policy to the broader group, made no formal recommendations on Tuesday, three OPEC+ sources said

Bitcoin rallies 3.6% breaking $17,000 to touch its highest level since 2018

Bitcoin has soared over 130% this year, and is up more than four-fold from its March lows

Johnson says devolving powers to Scotland was 'a disaster'; sparks anger

Scotland's First Minister Nicola Sturgeon, the SNP leader, jumped on them, arguing that the Conservatives' public statements of support for devolution were duplicitous

Pfizer, Moderna: How 2 firms sprinted ahead in the race for a Covid vaccine

Both companies have reported preliminary findings of more than 90% effectiveness - an unexpectedly high rate - raising hope for an end to the pandemic

Malaysia's AirAsia Group reviewing India investment, hints at possible exit

Operations in India, like those of its now-shuttered Japan business, have been draining cash and adding to the group's financial stress

Biden says 'more people may die,' if Trump blocks pandemic cooperation

Biden said business and labor leaders had signalled willingness to work together to bolster the pandemic-battered US economy

US retail sales slow as Covid-19 pandemic, lack of fiscal stimulus weigh

The public health crisis and frail economy are major challenges confronting President-elect Joe Biden when he takes over from President Donald Trump in January

Wall Street's main indexes drop at open as coronavirus cases surge

The Dow Jones Industrial Average fell 150.29 points, or 0.50%, at the open to 29,800.15

US' Oct manufacturing rises, recovery disruption looms as Covid cases surge

Manufacturing output increased 1.0% last month, the Federal Reserve said on Tuesday