As price increases became more broad-based, Australian core inflation sped to its fastest annual pace since 2015 in the September quarter. It's a major surprise that led markets to price in earlier hikes in interest rates.

Australia core inflation jumps to six-year high in Q3

Jaguar Land Rover has decided to extend production cut in the third quarter of FY22 amid a shortage of semiconductors across the world.

Jaguar Land Rover extends production cuts amid chip shortage

The World Bank's board has turned down a request by IMF Managing Director Kristalina Georgieva for a meeting to defend herself against claims that she pressured staff to alter data as the bank's CEO in 2017.

World Bank denies IMF chief's bid for meeting to defend herself

Fiat Chrysler Automobiles (FCA) is nearing an agreement to plead guilty to criminal conduct to resolve a multiyear emissions fraud probe surrounding Ram pickup trucks and Jeep sport-utility vehicles with diesel engines.

Fiat Chrysler nears plea deal in US emissions fraud probe

Crude oil price is trading hits 7-year highs, as surging demand continues to outpace supply, even as the global economy continues on the path to recovery from the pandemic lows.

Crude oil price hits 7-year highs as Goldman Sachs raises price target

As robust exports were offset by weak domestic demand and construction and facility investments in South Korea, the economy grew at a slower pace in the third quarter.

South Korea's Q3 GDP grows at slower pace, misses forecast

Alibaba group holding saw a dip of $344 billion in the world's biggest wipeout after its founder Jack Ma bluntly criticised the Chinese Financial System last year.

Alibaba loses $344 bn in one year in world's biggest wipeout of market capital

Tesla has surpassed $1 trillion in market value after a deal with rental car company Hertz, which reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade.

Tesla goes past $1 trillion market value for first time ever

Difficulties are coming of all sorts for the United Kingdom, first came Brexit then the pandemic. The chicken farmers in the UK are also being heavily affected. There's been a major cutting output and substantial increase in wages. The increase in food prices will surely follow.

United Kingdom: Businesses urge govt to temporarily ease visa rules

Treasury secretary Jenet Yellen is confident that US Congress would approve legislation to implement global corporate minimum tax agreed by 136 countries.

Minimum global tax rate of 15% for big companies

Goldman Sachs cut its U.S. economic growth target to 5.6% for 2021 and to 4% for 2022 citing an expected decline in fiscal support through the end of next year and a more delayed recovery in consumer spending than previously expected.

Goldman cuts growth forecast for 2021, 2022

In a sign of normalcy coming back to the aviation market, tech firm Honeywell International Inc has raised its outlook for jet deliveries as the aviation sector shaves off the effects of the covid 19 pandemic.

Honeywell raises outlook for jet deliveries

Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group’s troubles unravel. Watch this report for more details.

Shares of China Evergrande and property services unit suspended: HKEX

Lufthansa said it has agreed to lease four new Airbus A350-900 long-haul passenger jets, taking on newer planes left without homes as airlines restructure their balance sheets amid the coronavirus crisis. Watch this report for more details.

Lufthansa adds four new Airbus A350s to its fleet

Semiconductor issue hitting Indian auto industry very hard, sales of major auto companies have declined.On this WION speaks to Ashish Gupta, Brand Director, VW Passenger Cars India Watch this report for more details.

WION speaks to Ashish Gupta, Brand Director, VW Passenger Cars India

A former Facebook whistleblower responsible for a series of bombshell leaks has revealed her identity. Watch this report for more details.

Whistleblower's new allegations against Facebook

OPEC and its allies meet on Monday to debate how much oil to release into the red hot market, where supply disruptions and recovering demand from the coronavirus pandemic have pushed oil above $80 per barrel. Watch this report for more details

Producers to debate on oil output

At least some of China Evergrande's offshore bondholders had not received a due coupon payment by the close of Asia business on Wednesday. Watch this report for more details.

China's Evergrande crisis: Offshore bond coupon payment to be missed

Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. Watch this report for more details.

China’s Evergrande sells $1.5 billion bank stake amid crisis

Australia's antitrust watchdog called for powers to curb Google's use of internet data to sell targeted ads, joining other regulators in saying the firm dominates the market to the point of hurting publishers, advertisers and consumers. Watch this report for more details.

Australia: Regulators demand special authority over tech-firms

Tens of thousands of Chinese households who bought high-yield investments risk being sucked into the spectacular unraveling of China Evergrande Group after the embattled developer missed payments on funds sold through shadow banks, which have funneled billions into its construction projects. Watch this report for more details.

Evergrande Pain Spreads to Wealthy Investors as More Interest Payments Missed

Duroflex MD Mathew Chandy speaks exclusively on the companies in the sleep innovation sector. Watch the complete interview for more details.

WION Exclusive with Duroflex MD Mathew Chandy

China Evergrande slipped toward a kind of limbo on Friday as time ticked away on an interest payment deadline which global markets are watching for signs of default, leaving investors on tenterhooks over the embattled property giant’s fate.

China Evergrande bondholders in limbo over debt resolution

U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei (HWT.UL) if necessary, after some Republican lawmakers have pressed for more steps.

US Commerce chief: more action to be taken on Huawei if needed