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Huawei says it's working with Telecom Italia despite 5G exclusion: Report

Huawei Technologies is working with Telecom Italia despite being shut out of a recent tender to supply new generation 5G technology, chairman of Chinese group's Italian unit said

Oil falls as virus infections rise, eyes on European Union recovery plan

Brent crude was down 24 cents, or 0.6%, at $42.90 per barrel by 0943 GMT while US West Texas Intermediate (WTI) slipped 23 cents, or 0.6%, to $40.36

Britain signs deals with Pfizer, BioNTech, Valneva for Covid-19 vaccines

Deals follow a previously announced agreement with AstraZeneca for the firm to produce 100 million doses of its potential vaccine being developed in partnership with the University of Oxford

Global banks scrutinise Hong Kong clients for pro-democracy ties: Report

Checks at some wealth managers have involved combing through comments made by clients and their associates in public and in media, reports Reuters

EU leaders struggle with 'mission impossible' at deadlocked recovery summit

Leaders may abandon the summit and try again for an agreement next month, say diplomats

Oil prices slip as worsening Covid-19 threatens recovery in fuel demand

More than 14 million people have been infected by the novel coronavirus globally and nearly 602,000 have died, according to a Reuters tally

UK lawmakers, retailers call for action against exploiting garment workers

The letter was published following media reports of workers being paid below the UK minimum wage

Four arrested for vandalising 1,700-year old Buddha statue in Pakistan

Four persons were arrested for vandalising the statue that was discovered during excavation at an agriculture farm in tehsil Takht Bhai of Mardan district

Indian Oil's 300,000 bpd east coast refinery to be shut for 3 weeks

"The Indian Oil refinery in Paradip will remain shut from July 25 to August 15 for maintenance," said Sangram Keshari Mohapatra, the top bureaucrat in the district of Jagatsinghpur

Disney cuts ad spending on FB amid growing boycott on hate speech: Report

Disney joins other companies like Starbucks Corp, Unilever Plc, Adidas AG and others that have pulled advertising from the tech giant

Chinese ports hit capacity as coronavirus tests slow clearing: Shippers

China stepped up inspections of imported food last month after an outbreak of the coronavirus among people working at and visiting a major food market in Beijing

Infectious disease specialists ask US govt to ensure remdesivir supply

Remdesivir is made by Gilead Sciences Inc, which has committed to supplying 500,000 treatment courses of the drug to HHS for distribution to US hospitals in July, August and September

Russians' income falls most in 20 years in second quarter, GDP down 9.6%

The income fell 8 per cent in year-on-year terms in April-June, the state statistics service Rosstat said on Friday

Before Twitter hack campaign, online forum offered user accounts for $2,500

For $250, the seller promised to reveal the e-mail and for $2,500, the entire account

US divided over mask wearing and schools reopening as pandemic rages

Amid the patchwork of policies, the United States reported a daily global record of more than 77,000 new infections on Thursday

Coronavirus impact: British Airways bids farewell to Boeing 747s

The airline, which was the world's biggest operator of the 747-400 model, had already planned to ground its fleet of 31 of the iconic wide-bodied jets in 2024

Global debt surged to record $258 trillion in first quarter of 2020

The IIF said the first-quarter debt-to-GDP ratio jumped by over 10 percentage points, the biggest quarterly surge, to reach a record 331%

Income of Russians plunges most in 20 years in Q2; GDP shrinks 9.6%

The income fell 8 per cent in year-on-year terms in April-June, the state statistics service Rosstat said on Friday

EU negotiating with drugmakers to secure potential Covid-19 vaccines

The talks follow a deal reached in June by four EU member states with AstraZeneca for the upfront purchase of 400 million doses of its potential Covid-19 vaccine

Disney, Apple and other firms pawns of China: Attorney General William Barr

Barr chided US companies for being too willing to take steps to ensure access to the large Chinese market