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US House poised to impeach Trump; McConnell spurns immediate trial

With only a week remaining in Trump's tumultuous four-year term, an immediate trial could allow the Senate to vote on whether to oust him before he leaves the White House

Intel taps VMware's Pat Gelsinger as CEO, to replace Bob Swan: Report

Swan is set to step down effective Feb. 15, the sources said

Paytm says could turn profitable in 2021 as Covid-19 earns it users

Vijay Shekhar Sharma said the crisis had forced more merchants to use PayTM's platforms as businesses were forced to accept digital payments

Sterlite Power says Ricardo Zangirolami, its CEO in Brazil, resigned

He will be replaced by Amitabh Prasad in February, according to a statement

Indian Oil cancels LNG import tender due to higher prices: Report

Indian Oil Corp has cancelled its tender to import liquefied natural gas (LNG) for delivery in mid February due to higher prices, two trade sources familiar with the matter said.

Citi appoints Shahmir Khaliq as head of Treasury and Trade Solutions

Khaliq, who was the head of Operations and Technology at TTS, has also served as the company's global head of Direct Custody & Clearing within Markets and Securities Services unit

Wall Street flat as stimulus rally cools; Intel jumps on replacing CEO Swan

The Dow Jones Industrial Average rose 16.2 points, or 0.05%, at the open to 31084.88.

Global consumption will remain depressed in first half of year: Unilever

The company would grow ahead of the broader market and he does not expect any hits to margins over the near term.

Emirates airline sees full fleet returning to the skies this year

By Alexander Cornwell

London Stock Exchange gets EU nod for $27 billion takeover of Refinitiv

A combined LSE and Refinitiv will still be eclipsed by Bloomberg LP, but will outrank a combination of S&P and IHS Markit, whose $44 billion tie-up was announced last year.

Uber appeals $59 million California fine over sexual assault data request

By Tina Bellon

Primavera chairman believes Jack Ma 'safe and sound', upbeat on Ant

Alibaba founder Jack Ma, who also controls Ant, has not been seen in public since Ant's IPO debacle.

Govt wants Pfizer to do local study for emergency approval: Official

Serum Institute of India, the local manufacturer of the vaccine developed by AstraZeneca Plc and Oxford University, has done a similar study on more than 1,500 people over months before seeking nod

Qualcomm eyes challenge to Apple, Intel with $1.4 bn deal for chip startup

By Stephen Nellis

Global economy can shake off coronavirus pandemic in 2021, leaders say

By Mark John

J&J likely to apply for EU approval for vaccine in February: Lawmaker

US firm Johnson & Johnson is likely to apply for EU approval for its COVID-19 vaccine candidate in February, a top lawmaker said on Wednesday

Euro zone November industrial production much better than expected

Euro zone industrial production was much higher than expected in November, data showed on Wednesday, thanks to a sharp rebound in the output of intermediate and capital goods.

IEA says oil market outlook clouded by vaccine roll-out variables

By Noah Browning

ECB's Lagarde sticks to upbeat outlook in face of fresh lockdowns

Only last month, the ECB predicted economic growth of 3.9% this year in the bloc of 19 countries that share the euro, assuming a gradual end to the pandemic

M&M cuts over half of North America workforce over pandemic: Report

Positions include engineers and manufacturing jobs at its plant in Detroit that produces the off-road vehicle Roxor, as well as sales executives