The Indian rupee dropped to its lowest level in three months on Monday, in line with other Asian currencies, as the rapid spread of the Delta variant of coronavirus threatened to derail economic recovery. 

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. 

Resurgent pandemic worries are knocking stocks lower from Wall Street to Sydney on Monday, fueled by fears that faster-spreading variants of the virus may upend the economy’s strong recovery.

Minneapolis Federal Reserve President Neel Kashkari said many US economic sectors faced rapidly rising prices and were struggling to adjust to reopening after the shutdown. 

OPEC+ ministers will meet on Sunday in another attempt to agree a quick oil supply boost to address soaring oil prices as the global economy recovers from the coronavirus pandemic. 

Walmart’s Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was “qualitatively different”, Flipkart argued in a court filing seen by Reuters. 

Inside an unassuming store in New York’s Greenwich Village, around a dozen men unlock black briefcases, remove sports cards and begin to trade them -- a growing hobby and industry that has boomed during the pandemic.

Spain will pay workers to postpone retirement as part of a pensions reform strategy that analysts warn does not go far enough to cut a huge deficit in the system.

Tesla has launched an option for select customers to subscribe to its advanced driver assistance software, that is dubbed as “Full Self-Driving (FSD) capability”, for $199 (approx £14,847) per month as an alternative of paying $10,000 (approx £7.5 lakh) upfront. 

After years of waiting, Richard Branson’s journey to space this month on a Virgin Galactic vessel was supposed to be a triumphant homecoming. Instead, the jaunt attracted significant criticism -- about its carbon footprint.

Brazil’s national power grid operator (ONS) has asked electricity generators to postpone maintenance and technical work for as long as possible to help avoid worsening the energy crisis stemming from the country’s worst drought in almost a century. 

L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60 per cent stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. 

EU competition regulators will investigate whether a 3.2-billion-euro ($3.8 billion) restructuring plan for ailing Portuguese airline TAP is proportionate and complies with EU state aid rules, the European Commission said on Friday. 

The McLaren Group announced a 550 million pound ($758 million) equity investment on Friday with much of it coming from Saudi Arabia’s Public Investment Fund (PIF) and global investment firm Ares Management.

The United States on Friday warned its business community of growing risks of operating in Hong Kong due to China’s clampdown, as an increasing number of Western companies consider abandoning the historic financial hub.

US retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, supporting expectations that economic growth accelerated in the second quarter.

Global issuance of sustainable debt is on track to surpass $1 trillion this year with green bonds dominating while emerging markets have some catching up do to, the Institute of International Finance (IIF) said in a report.

Two Chinese state investors plan to sell a combined 98.78 per cent of their stakes in Dajia Insurance Group, the revamped entity of embattled Anbang Insurance Group, for 33.6 billion yuan ($5.19 billion), according to an auction filing on Friday.

A stock offering by Indian food delivery startup Zomato drew bids worth US$46.3 billion as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector. 

US Treasury Secretary Janet Yellen announced on Friday that she will meet with regulators next week to discuss “interagency work” on stablecoins, a rapidly growing class of digital currencies that is facing growing scrutiny from policymakers.