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India's factory activity grows for first time in five months in August

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.0 in August from 46.0 in July

Bharti Infratel to go ahead with long delayed merger with Indus Towers

Infratel will be a majority shareholder in the merged entity with a likely stake of 68.6%, while London-listed Vodafone Group Plc (VOD.L) will hold 28.2%

China's Aug export orders shake off Covid gloom, fuelling factory expansion

The Caixin/Markit Manufacturing Purchasing Managers' Index(PMI) rose to 53.1 last month from July's 52.8

Why Buffett's bet on Japan could turn on higher inflation, weakening dollar

Berkshire said late Sunday, on Buffett's 90th birthday, it owned just over 5% of each of Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co Ltd and Sumitomo Corp

Amazon's surveillance can boost output and possibly limit unions: Study

Companies across industries use data on their workforce to boost output

US curbs steel imports from Mexico, Brazil to boost domestic manufacturing

The U.S. Trade Representative's office said it was reducing Brazil's remaining 2020 quota for semi-finished steel imports into the United States to 60,000 metric tons from 350,000 tons

Global Economy: Asian factories shaking off Covid-19 gloom, China shines

Manufacturing activity in China expanded at the fastest clip in nearly a decade in August, as factories ramped up output to meet rebounding demand

AstraZeneca's Covid-19 vaccine candidate begins late-stage US study

The trial is being conducted under U.S. government's Operation Warp Speed program, which aims to accelerate development, manufacturing and distribution of vaccines and treatments for Covid-19

South Korea unveils aggressive spending plans for growth amid Covid19

The finance ministry said total spending will increase 8.5% to record 555.8 trillion won ($468.30 billion) next year

Nestle to buy Aimmune, valuing allergy treatment maker at $2.6 billion

Nestle said it was offering $34.50 per share for the remaining 74.4% in peanut allergy treatment maker Aimmune Therapeutics

Covid-19: Italy plunges into recession, economy shrinks 12.8% in Q2

The Italian economy is also 17.7 per cent smaller than it was in the same period last year.

Damaged WTO now leaderless as chief Roberto Azevedo steps down

Azevedo, a Brazilian, is heading for a job at PepsiCo Inc and eight candidates are vying to replace him

Germany to revise downward its 2021 growth forecast due to Covid-19: Report

The government said in April at the height of the pandemic that it expected the economy to rebound with an expansion rate of +5.2% in 2021 following a record plunge of -6.3% this year

European Union offers $478 million to WHO-led Covid-19 vaccine initiative

The COVAX initiative aims to purchase for all countries in the world 2 billion doses of potential Covid-19 shots from several vaccine makers by the end of 2021

Wall Street mixed as S&P 500 on track for best August in 36 years

New entrants to the blue-chip index, Salesforce.com Inc , Honeywell International Inc and Amgen Inc , slipped between 0.3% and 1.2%

Govts must invest Covid-19 aid funds selectively, says IMF chief

Governments need to invest aid funds more selectively to overcome the coronavirus crisis in the long term, International Monetary Fund Managing Director Kristalina Georgieva said

India's fiscal deficit crosses full-year budgeted target in four months

Net tax receipts were Rs 2.03 trillion, while total expenditure was Rs 10.5 trillion

Rupee retreats from six-month high on India-China border tensions

The Indian rupee retreated from near six-month highs on Monday afternoon after reports of fresh border tensions with China came to light, said traders

Asia stocks touch 29-month top, China blue chips at five-year high

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% to reach its highest since March 2018, bringing gains for the month so far to 5.1%

China's big banks brace for lagging coronavirus risks as bad loans rise

Four of China's five largest state-owned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global coronavirus pandemic