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Volkswagen faces European Union fine for missing 2020 emissions targets

Volkswagen faces a fine of more than $121 million for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday

South Africa to pay $5.25 a dose for AstraZeneca vaccine from India's SII

The SII doses are intended for South Africa's frontline healthcare workers

Fire at Serum Institute building in Pune; vaccine output not hit: Report

SII is manufacturing a vaccine developed by Oxford University and US drugmaker AstraZeneca

Bitcoin slumps 10% to a 10-day low as pullback from record continues

The world's most popular cryptocurrency continued to retreat from the $42,000 record high hit on January 8

A lot of hot air? Investors snap up hydrogen stocks in green frenzy

Share prices of companies in the industry have soared more than 500% in the past year

Parliament panel to question Facebook on WhatsApp's privacy terms: Report

The Ministry of Electronics and Information Technology, in a Jan. 18 email to WhatsApp boss Will Cathcart, had said the new privacy policy terms take away choice from Indian user

Departing US FCC chief Ajit Pai warns of threats to telecoms from China

Pai was named chairman in January 2017 by former President Donald Trump and stepped down on Wednesday

Gold scales two-week high as dollar slips on fiscal stimulus optimism

Spot gold gained 0.9% to $1,896.96 per ounce at 1:58 p.m. EDT (1758 GMT), while U.S. gold futures settled up 1.1% at $1,903.20

Amazon offers to help US with vaccine efforts in letter to President Biden

The world's largest online retailer has an agreement with a healthcare provider to administer vaccines at its facilities

Japan's exports post 1st annual gain in two years over shipments to China

The Ministry of Finance data out on Thursday showed Japan's exports rose 2.0% in December from a year earlier

Asian stocks at record highs as Biden inauguration lifts stimulus hopes

The Biden administration is expected to push through a nearly $2 trillion U.S. fiscal stimulus plan

Oil slips on surprise rise in US crude stocks, fuel fears of demand fall

U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.5%, to $53.04 a barrel at 0147

Stock Exchange clears $3.4 bn Future-Reliance deal in setback for Amazon

SEBI has advised that Future should share various details of company's ongoing litigation with Amazon when it approaches India's National Company Law Tribunal

IndiGo tightens grip in India by swift recovery, targets growth abroad

The airline is now the world's seventh biggest by capacity and the largest outside the United States and China

Jack Ma's reappearance buoys Alibaba, fails to soothe all investor concerns

While Ma has stepped down from corporate positions and earnings calls, he retains significant influence over Alibaba and Ant

Equities hit record highs; oil, dollar edges higher as Biden takes office

U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later at a confirmation hearing Tuesday

Asian stocks set for strong start after day of gains on Wall Street

The Biden administration is expected to push through a nearly $2 trillion US fiscal stimulus plan

IndiGo tightens grip in India and targets growth abroad amid pandemic

By Aditi Shah and Jamie Freed

Biden announces return to Paris climate accord, curbs on US oil industry

By Valerie Volcovici and Trevor Hunnicutt

Johnson to Trudeau: How world leaders are reacting to Biden's inauguration

Here's how world leaders are reacting to US President Joe Biden's inauguration on Wednesday, replacing Donald Trump