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China bans pork imports from Germany after African swine fever detected

The ban comes two days before Chinese President Xi Jinping attends a meeting via video link with German Chancellor Angela Merkel and European Union leaders

US budget deficit soars over $3 trn for first time ever due to Covid relief

The budget deficit for August was $200 billion, matching the deficit in August 2019 but lower than the $245 billion forecast by analysts in a Reuters poll

Explainer: Next steps in the TikTok diplomatic dance as deadline approaches

Microsoft Corp and Oracle Corp are among the suitors for TikTok's US assets. Operations in Canada, New Zealand and Australia are also part of the deal

US Presidential election: Will Trump benefit from recovering US economy?

Job openings, a measure of labor demand, in July soared to 6.6 million, nearly back to their pre-crisis level, a Labor Department report showed this week

Apple revises App Store guidelines, loosening some in-app payment rules

Apple has long barred catalogs of apps within apps but said Friday that it would allow streaming game companies to create such catalog apps

What happens next with UK bill breaching Brexit divorce treaty?

The EU has threatened legal action against Britain, and many lawmakers have voiced concern about the prospect of breaching an international treaty.

EU boosts 'no-deal' planning as UK refuses to blink in Brexit stalemate

Britain said explicitly this week it plans to break international law by breaching parts of the Withdrawal Agreement treaty it signed in January, when it left the bloc

Oil prices decline on high inventories, weak US stock markets

The three main US stock indexes were headed for a second-straight weekly decline as recent economic indicators suggest a long and difficult recovery from the pandemic

Life without LVMH? How Tiffany might fare without the French luxury giant

The deal would have been the biggest-ever in the global luxury industry, allowing Tiffany to quickly expand its global presence and invest more money in spruced-up stores

Spain's new draft law aims to tax services like Whatsapp based on revenue

Levies would be imposed on instant messaging providers in the same way as it is on telecoms operators, according the draft law published on Friday

Govt plans secondary listing for firms joining foreign markets: Report

India said in March it would allow local firms to directly list abroad to better access foreign capital for growth, but the rules have yet to be decided

Citigroup's next CEO has a Herculean task: Turning the bank around for real

When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her

Global LNG demand to rise for few decades, Covid a temporary blip: industry

Demand for liquefied natural gas is set to increase steadily for several decades helped by economic growth in Asia, industry executives said, with Covid-19 pandemic seen as only a short-term setback

90% of China's Sinovac staff, families took coronavirus vaccine, says CEO

The programme is intended for specific groups, including medical staffers and those who work at food markets and in the transportation and service sectors

Evidence of further surveillance at Credit Suisse mounts up: Report

The bank had hoped that the departure of Thiam over the scandal and his replacement with Thomas Gottstein, a Credit Suisse veteran, would draw a line under the affair

Fire on supertanker off Sri Lankan coast extinguished: Navy spokesman

The New Diamond is carrying about 2 million barrels of crude oil, although a senior Sri Lankan navy official said on Friday there was no real risk of a spill

Covid-19 impact: Abu Dhabi's Etihad extends wage cuts until end of 2020

Employees will have their salaries reduced by 10% from September until the end of December, she said, compared to an earlier cut of between 25% and 50% which ended last month

Volkswagen's labour chief says no need for four-day week to save jobs

Volkswagen sees no need for a 4-day week at its plants to secure jobs despite a growing shift to electric cars that are easier to build and require fewer workers, the head of labour relations said

UK warns EU on Brexit: We won't blink first, not scared of no-deal exit

Britain will not blink first in Brexit trade negotiations with the European Union and is not scared of a no-deal exit, the country's top Brexit negotiator warned the bloc

SoftBank partners with Oyo in Latin America in move for more oversight

It shows SoftBank's keenness to ensure Oyo remains on track, and is the latest sign SoftBank is more closely overseeing Oyo's operations including in offshore markets