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Moderna's Covid vaccine 94.5% effective, edges over Pfizer on storage

Its vaccine's temperature requirements give it an edge over Pfizer's for distribution in India

Aramco plans debt market comeback with multi-tranche bond deal

The announcement comes as Gulf issuers show no sign of slowing this year's blitz on international debt markets as they seek to plug finances hit by weaker oil prices and the coronavirus crisis

Wall St surges at open as Moderna says its Covid vaccine 94.5% effective

The Dow Jones Industrial Average .DJI rose 192.55 points, or 0.65%, at the open to 29,672.36

UK faces skills shortage as Covid-19 splits job market, says McKinsey

The consultants said their analysis showed 94% of the workforce lacked skills they will require in 2030

US approval for 737 MAX return nears as challenges remain for Boeing

The largest U.S. airplane maker faces headwinds from the coronavirus pandemic and new European tariffs as it scrambles to return the best-selling jet to service

Home Depot to buy HD Supply Holdings in deal valued at $8 billion

Home Depot's smaller rival Lowe's Cos Inc last week said it was not in talks to buy HD Supply, denying a previous media report

Moderna trial success gives world more hope in race to end pandemic

The vaccines, both developed with new technology known as messenger RNA (mRNA), represent powerful tools to fight a pandemic that has infected 54 million people worldwide and killed 1.3 million

Govt will not extend deadline to bid for state refiner BPCL: Report

The Centre has received a "sufficient and good response", according to sources

Moderna Covid-19 vaccine stability could give it edge over Pfizer's version

The vaccine is more stable than expected at temperatures that ordinary refrigerators can provide

Experts react to Moderna's 94.5% effective vaccine against Covid-19

Moderna becomes the second U.S. company in a week to report results that far exceed expectations

Explained: RCEP, a free trade agreement that could become the largest ever

The Regional Comprehensive Economic Partnership (RCEP) will progressively lower tariffs and aims to counter protectionism

Huawei CFO witness testimony to resume in Canada in US extradition case

Meng, 48, was arrested in December 2018 at Vancouver International Airport by Canadian police, on a warrant from the United States

PNC to buy Spanish lender BBVA's US banking arm for $11.6 billion in cash

PNC Financial Services Group said it would buy the US business of Spanish lender BBVA for $11.6 billion in cash, further consolidating the US banking sector

Asian stocks hit record high as investors set aside Covid-19 fears

Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan

Johnson & Johnson starts two-dose trial of its Covid-19 vaccine candidate

By Kate Kelland

Walmart sells majority stake in Seiyu for over $1-bn, nearly exiting Japan

By Ritsuko Ando

Vodafone confirms guidance after resilient first-half amid Covid-19

Vodafone Group said it was increasingly confident about its full-year performance after a "resilient" first-half, despite underlying momentum being obscured by the impact of Covid-19

Nissan Motor looking to sell its 34% stake in Mitsubishi, says report

Nissan is looking to sell some or all its 34% stake in Mitsubishi, Bloomberg News reported, citing unidentified sources, a move that would reshape a three-way alliance that includes France's Renault

China's factory output beats forecasts as Asia recovers from Covid-19 slump

China's factory output rose faster-than-expected in October and retail sales sped up, as the recovery in the world's second-largest economy from its Covid-19 slump gathered momentum

Japan economy grew at fastest pace on record in 3rd quarter; outlook murky

Japan's economy grew at fastest pace on record in third quarter, rebounding sharply from biggest postwar slump, as improved exports and consumption helped it emerge from damage caused by coronavirus