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EU urges US to solve trade disputes after aircraft tariffs kept unchanged

"The EU believes that both sides should now build on this decision and intensify their efforts to find a negotiated solution to the ongoing trade irritants"

Dismiss Big Tech's challenge to social media order, Trump admin asks court

The lawsuit was brought in June by the Center for Democracy and Technology (CDT), a Washington-based tech group funded by Facebook Inc , Alphabet Inc's Google and Twitter Inc

Moderna shares jump on $1.5 billion US contract for Covid-19 vaccine

The United States and Moderna announced the agreement for 100 million doses of its potential Covid-19 vaccine late on Tuesday

ABN Amro exits trade, commodity financing after losses, to cut 800 jobs

The restructuring will affect around 45 per cent of client loans, worth 18 billion euros ($21 billion) and follows several failed attempts to increase the profitability of the corporate bank

Covid-19: Britain enters recession as GDP tumbles 20.4%, worst in Europe

Brace for more job losses, says Sunak

Almost all oil removed from damaged Japanese ship, says Mauritius' PM

"At the time I'm talking to you, almost all the oil has been removed from the ship," Pravind Jugnauth told reporters, according to remarks shared by his office

Shell eyes stake in Nayara's $9 bn Indian petrochemical project: Report

Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities

US economy does not need big dose of Covid-19 stimulus: White House adviser

"The numbers are coming in very, very nicely," National Economic Council Director Larry Kudlow told Fox Business Network

Explained: UN to vote on extending arms embargo on Iran. What's at stake?

The United Nations Security Council imposed an arms embargo on Iran in 2007 which is due to expire in mid-October

Slowdown to continue as states announce more curbs: Fed official

Consumer spending is likely to say low relative to the past as people avoid activities that require high levels of social interaction for health reasons, Rosengren said

Wall Street jumps, S&P 500 crawls towards record high on stimulus hopes

US Treasury Secretary Steven Mnuchin said the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid

OPEC trims oil demand in 2020; recovery doubtful in 2021 on Covid-19

World oil demand will fall by 9.06 million barrels per day (bpd) this year, the Organization of the Petroleum Exporting Countries said in a monthly report

US executive order only affects WeChat, not other businesses, says Tencent

He added that the firm's WeChat app that is being targeted in the US was different from Weixin, the Chinese name its app is known by in China

Saudi Aramco plans further spending cuts to pay for dividend: Report

The report says the new level of capital spending is largely dedicated to the state-owned group's exploration and production business and will hold for the next three years

Billionaire Sumner Redstone, media mogul who headed Viacom, dead at 97

Redstone, as executive chairman of both Viacom Inc and CBS Corp , had controlled the two companies through privately held National Amusements

Foxconn's profit beats estimates, sees sustained revenue weakness ahead

Foxconn reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ended June. That was up 34% from a year earlier

Tencent Holdings second-quarter profit beats as games outperform

Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games

Alibaba-backed Best to list delivery biz in Hong Kong, boost value: Report

The move also comes amid escalating geo-political tensions between the United States and China and tightening scrutiny of US-listed Chinese firms

Oil prices bolstered by bigger-than-expected drop in US crude stocks

Brent crude was up 15 cents, or 0.3%, at $44.65 a barrel by 0206 GMT, after falling around 1% on Tuesday

Mexico to trial China, US coronavirus vaccines, may produce some: Ministry

Mexico aims to conduct late-stage clinical trials for COVID-19 vaccines in development by US and Chinese companies, two of which might base some of their vaccine production in the country\