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Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

Chances of Brexit deal fading every day, EU Commission chief says

Brussels wants Boris Johnson to scrap what is known as the Internal Market Bill, saying it could sink talks on future trade arrangements

Chances of Brexit deal fading every day: European Commission chief

The British government unveiled draft legislation last week which it acknowledges would violate its international legal obligations

Federal Reserve vows to keep interest rates near zero until inflation rises

The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough

Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report

Flipkart is likely to choose between Singapore, or the United States for the initial public offering

After decade-low in July, Reliance Industries oil import up 58% in August

Reliance's oil imports in August rose about 58 per cent from July to 1.22 million barrels per day

Hong Kong formally objects to US demand for 'Made in China' export label

Commerce Secretary Edward Yau said he formally asked the US consulate to relay Hong Kong's request for withdrawal of the new regulations to US trade officials

Oil refiners shut plants fearing lost demand may never come back

Consumption has not returned to pre-pandemic levels and lower travel may be here to stay, leading to the possibility plants may shut permanently

India's African oil imports hit 10-month high in August: Shipping data

India's oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from the Middle East, shipping data shows

Russia to sell Covid-19 vaccine to India's Dr. Reddy's Laboratories

The Russian Direct Investment Fund added that it had agreed to cooperate on clinical trials and the distribution of the vaccine with the Indian firm

Fraud-hit PMC approaches other banks for possible merger: Administrator

PMC has "tried to engage with the major banks of the country to request for a merger", the bank's administrator said in a Sept 10 filing at the Delhi High Court

Global net zero emissions goal would require $1-2 trn investment/yr: Study

To limit global warming to 1.5 degrees Celsius this century, global greenhouse gas emissions will need to reach net zero

Alibaba Group opens China factory as part of new manufacturing initiative

Alibaba Group Holding Ltd unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its "smart manufacturing" business initiative

Snowflake Inc IPO raises $3.36 billion in year's biggest US listing

The IPO, which was priced at $120 per share, values the cloud-based data warehouse firm at north of $30 billion

US Fed nominee Shelton doesn't yet have Senate support, Thune says

Judy Shelton does not currently have the votes to win confirmation in the US Senate, Republican Senator John Thune said Tuesday

Perpetual recession? Recovery in a year? Economists divided on US future

The economy is currently about 11 million jobs below February's level. It took more than four years, until mid-2014, to recover the 8 million jobs lost in the 2007-2009 recession

In vaccine race, China inoculates thousands before trials are completed

Beijing has not released official data on the uptake in domestic targeted groups, which include medical, transport and food market workers

737 MAX crash victims seek US legislation to block Boeing legal strategy

The 737 MAX crash in Ethiopia occurred just five months after a similar disaster on a Lion Air flight in Indonesia

US dollar softness to continue; Euro, yen best placed, says PIMCO

Fed Chair Jerome Powell on Wednesday could signal a switch in the Fed's Treasury purchases toward longer-dated debt to keep long-term yields low, some strategists anticipate

Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting

The Fed is due to announce its decision on Wednesday, followed by a news conference from Jerome Powell