The 'Doing Business in India Report 2020' by the UK India Business Council (UKIBC) revealed that majority of UK organisations are finding it easier to do business in India.

World Business Watch: UKIBC: Doing business in India now easier for UK firms

India’s biggest carmaker company Maruti Suzuki, said that there is no immediate need for the government to cut taxes on cars to boost sales even as it warned of uncertainty in demand after December.

World Business Watch: India's top carmaker Maruti Suzuki says no urgent need to cut taxes

US economy grew at a historic pace in the third quarter but the deep scars from the COVID-19 recession could take a year or more to heal.

World Business Watch: US economy rebounds at 33.1% in third quarter

Harley-Davidson exited the world's largest two-wheeler market, India, last month and recently announced a plan to develop and sell a range of premium motorcycles under its brand name in the country along with Hero MotoCorp.

Harley-Davidson ties up with Hero MotoCorp

German airline Lufthansa expects a very slow demand recovery in the face of the resurgent COVID-19 pandemic and now hopes to reach roughly half of its pre-crisis capacity over the course of next year, a board member told Reuters.

Lufthansa braces for very slow recovery in passenger demand

China's ANT Group is set to raise more than $34bn after setting the price of shares in its initial public offering, putting the Chinese payments group on track to top Saudi Aramco as the biggest-ever market listing.

ANT Group to raise more than $34bn in record market debut

German business morale fell for the first time in six months in October, weighed down by companies' concerns about rising coronavirus infection rates that are making them more cautious about the coming months, a survey showed on Monday.

German business morale falls on virus angst as rebound fades

PayPal will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network.

World Business Watch: PayPal to open up network to cryptocurrencies

World Business Watch:Italy approves new stimulus package in its 2021 budget to foster an economic rebound from recession caused by COVID-19 pandemic.

World Business Watch: Italy approves new stimulus package in its 2021 budget

Watch today in World Business Watch: Boeing planning to bring back 737 max jets for passenger service.

World Business Watch: Boeing's plan to bring back 737 max jets for passenger service

Watch today in World Business Watch: China's economic recovery misses Q3 forecasts.

World Business Watch: China's economic recovery misses Q3 forecasts

Singapore's September exports rise 5.9% y-o-y, slower than the forecasts. On a seasonally adjusted month-on-month basis, exports contracted 11.3% in September after a 10.5% rise in the previous month.

Singapore exports rise slower than expected: 10.8% rise in exports expected by economists

French Finance Minister Bruno Le Maire promised 1 billion euros ($1.17 billion) of additional support to help French companies cushion the impact of a nightly curfew in Paris and eight other big cities where the coronavirus is running rampant.

France promises $1.2 BN for curfew-hit firms

EU leaders have called for post-Brexit trade talks to continue beyond the end of the week - the deadline suggested by UK Prime Minister Boris Johnson.

EU-UK trade deal post-Brexit: EU leaders stress unity of 27-nation bloc

Boeing has lost another three orders for its grounded 737 MAX jetliner in September and delivered 11 total aircraft to customers. Watch report.

Coronavirus pandemic continues to hit demand for Boeing 737 Max

OPEC has said that the world oil demand will rebound more slowly in 2021 than previously thought as coronavirus cases rise.

OPEC cuts 2021 oil demand forecast: Oil demand to dip on rising coronavirus cases

Indian GST council is about to hold a meet on Monday to iron compensation issue. The council will be chaired by Indian Finance Minister Nirmala Sitharaman.

World Business Watch: GST council meet to discuss compensation issues in India

German carmaker Volkswagen's Audi unit expects lower sales in 2020 despite strong numbers in the months of July, August and September.

World Business Watch: Audi chief sees 2020 sales down despite strong Q3

Google is facing a new antitrust case in India in which the US tech giant is alleged to have abused its Android operating system's position in the smart television market. Watch report.

Google faces new antitrust case in India over abuse in smart TVs market

Even the most bullish policymakers and forecasters had penciled in more government aid to keep households and businesses hit by the coronavirus pandemic afloat through the end of the year. That money would bolster retail spending, rent payments and mortgages and whittle away at the 11 million lost jobs that have not yet been recouped. Watch report.

Failed US stimulus talks threaten recovery

Britain’s financial watchdog said on Tuesday it would ban the sale to retail investors of products tracking the price of cryptoassets like Bitcoin, arguing that most people lost money on them.

UK watchdog bans Bitcoin-based products for retail investors

U.S. commercial bankruptcy filings are up 33% so far this year with new cases in September surging by 78% from a year earlier as the recession triggered by the COVID-19 pandemic hits small businesses, data released on Monday showed.

US: Recession hits small businesses, commercial bankruptcies up 33%

A tug-of-war over $1 billion (£770.4 million) worth of Venezuelan gold stored at the Bank of England took a new turn on Monday as the English Court of Appeal overturned an earlier High Court ruling on who the UK recognised as Venezuela's president.

UK court overturns Venezuela judgment in $1 billion gold tug-of-war

Just before the beginning of the festival season in India, the auto sector is showing signs of revival. Is the recovery permanent or is it a temporary rise?

Spur in Indian auto sector in the festival season

London's public transport authority has banned Indian ride-hailing company Ola citing 'public safety' failings.

London bans India's Ola over safety reasons

India is signaling a recovery in the auto market. Indian sales of automobiles including four-wheelers and two-wheelers may increase due to the coming festive months. Watch report.

Indian carmakers drive into the fast lane

Watch today in 'World Business Watch': World's largest oil exporter Saudi Arabia has planned to cut spending by 7.5% in next year's budget as the country face the economic contraction.

World Business Watch: Saudi Arabia plans to cut spending next year

The impact of coronavirus on travel may cost as many as 46 million jobs globally. Watch report.

COVID-19 Pandemic: Travel slump threatens 46 MN jobs

UK is hit by COVID-19 lockdowns and its economy has suffered a record collapse of economic output in the second quarter of this year. Watch report.

UK's biggest GDF fall since 1955: Current account deficiet 0.6% of GDP

Saudi Arabia has planned to cut spending by 7.5 percent in next year's budget to 990 billion riyals ($263.94 billion) but expects the economy to return to growth. Watch report.

Saudi Arabia to cut spending next year by 7.5% | World News

The COVID-19 pandemic has hammered the luxury market. To make up for their losses in Europe and the US, the luxury brands are now focusing on China. Watch report.

Sale of luxury goods hit hard by COVID-19 pandemic: Impact not felt in China!

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