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Rolls-Royce rescue plan flies as shareholders back 2 bn pound rights issue

Airlines pay Rolls based on how many hours its engines fly and a plunge in flying during the crisis has put Rolls's finances under intense scrutiny.

Ankhi Das, Facebook public policy director for India, steps down

The resignation comes weeks after Facebook and Das faced questions internally from employees over how political content is regulated in India

How Samsung's ownership may change as heirs take over from late chairman

From the astronomical inheritance tax bill to potential legal obstacles, here are some of the issues the family faces as it seeks to stay on top of the business empire founded back in 1938

HSBC to accelerate restructuring plan as Q3 profit tumbles 35% due to Covid

Reported pretax profit for Europe's biggest bank by assets came in at $3.1 billion for the quarter ended Sept. 30, down from $4.8 billion in the same period a year earlier

Tiffany-LVMH deal clears regulatory hurdles with European Union nod

Tiffany has alleged that LVMH has improperly tried to renegotiate the deal, while LVMH has countersued, alleging that the US company has been mismanaged during the pandemic

Rolls-Royce to temporarily close factories, cut benefits, says report

The group also faces strike action at one of its oldest plants, at Barnoldswick in Lancashire in the UK, in protest at proposals to shift some production to Singapore

Investors line up for Ant Group's $34.4 bn IPO despite scrutiny threats

Jack Ma, the billionaire founder of Ant and affiliate Alibaba Group Holding, said it was a "miracle" that such a large listing is taking place outside New York

US appeals court rejects Justice Dept's request for immediate ban on WeChat

The WeChat users said the ruling will avoid an "unprecedented shutdown of a major platform for communications relied on by millions of people in the United States

Asian shares struggle to shake off US selloff amid coronavirus comeback

Australia's ASX 200 opened down about 0.6%, while Japan's Nikkei 225 futures were up 0.04%

Goldman Sachs attempted to cover up sexual misconduct, claims lawsuit

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed

In fight with Amazon, Future Retail sees liquidation if Reliance deal fails

Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance

Oil prices slip as worries mount over rising Covid cases in US, Europe

Brent was down 99 cents, or 2.37 per cent, at $40.78 by 8.28 pm IST. US West Texas Intermediate (WTI) dropped $1.13, or 2.84 per cent, to $38.72. Both contracts fell almost 2.5% last week

Islamophobic content: Imran Khan writes to chief of Facebook seeking ban

Pakistan summoned the French ambassador in Islamabad as anger spread on Monday over President Emmanuel Macron's reaction to the murder last week of a French teacher by an Islamist

Trump plans 2nd White House event for Barrett as Senate takes up nomination

White House Chief of Staff Mark Meadows told reporters the event planned for Monday evening likely would be held outdoors.

EU permitted to impose duties on US imports in Boeing case: Commission

In the absence of a negotiated outcome, the EU will be ready to take action in line with the WTO ruling

Thai protesters, 'human beings, not dust', march in challenge to king

Thai protesters demanding reforms of the monarchy marched to the German embassy in Bangkok on Monday to put pressure on King Maha Vajiralongkorn, who spends much of his time in Germany

Second coronavirus wave swells across US and Europe as winter looms

More than 42.9 million people are reported to have been infected by the coronavirus globally

HCA Healthcare expects to treat Covid-19 patients throughout 2021

The remarks were made during a post earnings conference call, after the company reported a rise in third-quarter revenue that exceeded analysts' expectations.

Erdogan urges Turks to boycott French goods, halt 'anti-Islam' agenda

Macron has pledged to fight "Islamist separatism", saying it was threatening to take over some Muslim communities in France.

Oil prices fall on rising Covid-19 cases, Libya's fast growing production

On the supply side, Libya's National Oil Corp (NOC) said it had lifted force majeure on the El-Feel oilfield.