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Oil slips as Covid-19 and demand concerns weigh ahead of supply report

American Petroleum Institute said on Tuesday that US crude inventories fell by 5.3 million barrels. Analysts expect them to rise in a Reuters poll ahead of official inventory figures due at 1530 GMT

Imperial Brands to focus on top five cigarette markets in turnaround plan

The maker of Kool and Winston cigarettes said it was also "resetting" its next-generation products (NGP) strategy

AT&T takes $15.5 billion charge on DirecTV, adds more phone customers

AT&T purchased DirecTV for $68 billion including debt in 2015

Wall Street opens lower with earnings underway, eyes on Federal Reserve

The Dow Jones Industrial Average fell 43.3 points, or 0.14%, at the open to 30893.78

Amazon set to launch in Poland, shares in e-commerce rival Allegro fall

Poland's growing e-commerce market was given a further boost from online shopping during the pandemic and in October, home-grown eBay rival, Allegro, enjoyed a buoyant stock market debut

Covid-19 crisis: UK PM Johnson pushes back school reopening until March 8

Johnson hoped the vaccination programme would allow them to open their doors from March 8

US Treasury modifies investment ban on Chinese military firms: Report

The order does not authorize securities transactions with subsidiaries of banned Chinese military companies

Insurers face 'mind-blowingly' large loss if Tokyo Olympics cancelled

With less than six months until the Games are due to start, the competition will top the agenda when the International Olympic Committee's (IOC) executive board meets this week

Peraton to acquire IT services provider Perspecta in $7.1 billion deal

Shareholders of Perspecta would get $29.35 for each share held, the company said, representing a premium of about 12% to stock's last close

BlackRock CEO Larry Fink says bullish on outlook for green investment

He was speaking remotely at the Future Investment Initiative (FII) conference in Riyadh

GSK transfers malaria vaccine production to India's Bharat Biotech

The agreement includes transfer of manufacturing of the protein part of the vaccine

Boeing to delay 777X again as it posts record annual loss of $11.94 bn

The pandemic added to its troubles with the 737 MAX

AT&T is sued for $1.35 billion over technology to synchronize smart devices

Network Apps LLC said AT&T abandoned joint development and licensing agreements for its technology in 2014

Goldman Sachs loses legal fight against European Union cartel fine

Europe's top court said the bank was liable for the actions of its former unit Prysmian

Biden to suspend federal drilling, strengthen environmental justice

Biden will also assemble a national climate change task force

China says Indian ban on apps violates WTO fair rules of business

India has retained a ban on 59 Chinese apps

ByteDance says cutting India workforce, unsure of comeback: Report

The move came after India decided to retain its ban on TikTok and 58 other Chinese apps following responses from the companies on issues such as compliance and privacy

TikTok's parent firm ByteDance decides to cut jobs in India amid ban on app

India has decided to retain its ban on video app TikTok and 58 other Chinese apps after reviewing responses from the companies on issues such as compliance and privacy

Oil rises as US oil stockpiles drop as Covid-19 cases decline in China

U.S. West Texas Intermediate (WTI) crude futures rose 10 cents, or 0.2%, to $52.71 a barrel at 0229 GMT, reversing some of Tuesday's loss

Davos: Heavy industry, transport sectors to align on net-zero climate plans

The agreement, to be announced at the virtual Davos World Economic Forum on Wednesday, includes giants like miner Arcelor Mittal, shipper Maersk, and oil behemoth Shell