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The 15th Finance Commission is mandated to make their final report for 2021-26 available by October 30, 2020. The Commission remains on course to complete their task, it added.

Aston Martin's 125 million pound ($163 million) capital increase has been fully subscribed, the lossmaking carmaker said on Wednesday as it seeks to turn round the business with additional support from Daimler.

The family of late Samsung Electronics chairman Lee Kunhee held a funeral ceremony on Wednesday for the patriarch, whose death on Sunday threw into question the control of the chipmaker and the country's largest conglomerate.

China is targeting the launch of a nationwide emissions trading scheme during the period from 2021 to 2025, its top climate official said on Wednesday, signalling another delay for the longawaited carbon trading platform.

The popular short-form video app TikTok, still under U.S. government scrutiny for its Chinese ownership, is moving closer to becoming a marketplace for buying stuff.

Earlier this month, Reuters reported the company was aiming to raise $3 billion in its IPO, which could give it a valuation of more than $30 billion, and that it was targeting a listing before the end of the year.

Brazil's government on Tuesday outlined a longterm roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.

Spain's leftwing government announced plans on Tuesday to raise taxes on large companies and high earners to fund increased spending on social care and infrastructure as part of its progressive agenda.

Caterpillar Inc on Tuesday reported lower quarterly earnings as equipment sales fell across its three primary segments, reflecting a slow and uneven global economic recovery following lockdowns to curb the spread of the new coronavirus.

New orders for key U.S.made capital goods rose more than expected in September, wrapping up a quarter of potentially record growth in business spending and the economy, thanks to fiscal stimulus aimed at softening the blow from the COVID19 pandemic.

BP swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and continued to weigh on fuel demand and refining profits.

China's central bank has neutralized the countercyclical factor in its daily yuan midpoint fixing, two sources with direct knowledge of the matter told Reuters.

Global foreign direct investment (FDI) plunged by 49% in the first half of 2020 from the same period a year ago and is on course to fall by up to 40% for the year, driven by fears of a deep recession, the United Nations said on Tuesday.

Asian markets look set to continue a downward path on Tuesday after soaring global coronavirus cases and shrinking hopes for a U.S. stimulus deal took a toll on Wall Street and drove up the U.S. dollar.

U.S. aircraft parts maker Spirit AeroSystems said on Monday it reached a deal with Bombardier Inc to cut the purchase price of the Canadian planemaker's aerostructures unit by 45% to $275 million as COVID19 weighed on the aerospace sector.