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Social media app Parler, suspended after Capitol riots, may not return: CEO

"It could be never," he said. "We don't know yet." The app said in a legal filing it has over 12 million users

Hindustan Aeronautics soars 14% on $6 billion government defence deal

The government said it would buy 83 fighter aircraft from the company for over $6 billion in the biggest defence deal for a homegrown company

New Renault boss Luca de Meo to cut more costs in turnaround drive

Renault's new CEO Luca de Meo hiked the French carmaker's cost savings target and further cut into the number of cars it plans to turn out as he tries to lift profitability at the loss-making company

As food prices ease, wholesale inflation comes down to 1.22% in December

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices

PayPal becomes first foreign firm in China with full ownership of payments

PayPal has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data

Grab raises $300 million for its fintech arm's ambitious expansion

Ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business

US orders zero tolerance for disruptive airline passengers, possibly jail

US Federal Aviation Administration chief Steve Dickson signed an order directing the agency to take a "zero tolerance policy" after supporters of Trump were disruptive on some recent flights

Gold prices retreat as dollar, US Treasury yields rebound; Stimulus awaited

Gold prices fell on Thursday as US Treasury yields and the dollar rebounded, while investors awaited details on incoming US President Joe Biden's coronavirus stimulus proposal

Huawei CFO Meng Wanzhou received death threats in mail, Canada court hears

Huawei Chief Financial Officer Meng Wanzhou received multiple death threats, including bullets in the mail, while under house arrest in Vancouver, a Canadian court heard on Wednesday

London resilient at top of European tech investment table despite Covid-19

London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of coronavirus

Singapore Airlines raises $500 mn in dollar debt debut to buy new aircraft

Singapore Airlines has raised $500 million in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound

China's 2020 total crude oil imports jump 7.3% to record on low prices

China's total crude oil imports surged 7.3% in 2020 despite the coronavirus, with record arrivals in the second and third quarter amid plunging oil prices and expanding refineries, data showed

Oil prices dip on rise in virus cases; US stock draw checks losses

Oil prices eased for a second day as mounting coronavirus cases globally raised demand concerns, although a drawdown in US crude stocks for a fifth straight week capped losses

Little evidence coffee firms' sustainability efforts have impact: Report

There is little evidence efforts by the world's top coffee roasters to prevent human rights and environmental abuses are having any impact, with most farmers operating at a loss, a coffee report said

Lockdowns in 2021 threaten to slow first-quarter earnings recovery globally

A major chunk of the global recovery in firms' earnings expected in first quarter is at risk of being pushed back further as lockdowns cloud hopes of a swifter economic rebound, investment banks said

Unilever gets vaccine partnership offers as it plots worker safety strategy

Unilever is strongly encouraging employees to get vaccinated against the coronavirus as soon as possible and floated the idea that it could buy shots to share with people in poorer countries

Saudi offers $6 trn investment opportunities over next decade: Crown Prince

Saudi Crown Prince Mohammed bin Salman said the kingdom offers investment opportunities worth $6 trillion over the next decade, with new projects representing half of this value

US asks Tesla to recall 158,000 vehicles for touchscreen failures

Tesla was asked to recall 158,000 Model S and Model X vehicles over media control unit failures that could pose safety risks by leading to touchscreen displays not working

Oil ends lower, retreating from recent gains as Covid-19 cases rise

By Laila Kearney

House impeaches Trump after US Capitol siege; his fate in Senate hands

Only three US presidents ever impeached; none removed; vote held with large security presence at US Capitol; Pelosi calls Trump 'clear and present danger' to US