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Nike faces social media storm in China over its Xinjiang statement

Anger with Nike erupted on Chinese social media late after China's netizens spotted a statement from the sporting goods giant saying it was "concerned" about reports of forced labour in Xinjiang

Fourteen US states sue Biden administration over oil and gas leasing pause

Fourteen US states including Louisiana and Wyoming filed lawsuits against President Joe Biden's administration, challenging his pause on new oil and gas leasing on federal lands and waters

GSK fires former US govt vaccine head Slaoui over harassment allegation

GlaxoSmithKline has dismissed Moncef Slaoui as chairman of a company controlled by the British drugmaker after an internal investigation found he had sexually harassed an employee several years ago

Mastercard battles return of $19 billion UK class action on 'overcharging'

A London court will this week re-consider allowing an historic $19 billion class action against Mastercard to proceed, which could entitle adults in Britain to about 300 pounds each if successful

Goldman sends Indian employees back home as local COVID-19 cases rise

By Yadarisa Shabong and Anirban Sen

Oil gains more than $3/bbl after Suez Canal ship grounding

By Laila Kearney

S&P 500 slips as tech stocks pull market lower

By Herbert Lash

'No noises, only birds': silent strike shuts Myanmar as prisoners freed

Several buses full of prisoners drove out of Yangon's Insein jail in the morning, said witnesses

Facebook chief Mark Zuckerberg lays out steps to reform internet rules

Zuckerberg acknowledged the calls for changes to Section 230 of the Communications Decency Act

India delays big exports of AstraZeneca vaccine as Covid-19 cases surge

India is, however, not officially banning Covid-19 vaccine exports. "This is a temporary move until the supply situation stabilises in the country," said a person close to the development

India delays big exports of AstraZeneca shot as infections surge: Report

COVAX has a deal to buy 1.1 billion doses of the AstraZeneca and Novavax shots that the SII is making in bulk, mainly for low- and middle-income countries.

GSK fires former US govt vaccine head Slaoui over harassment allegation

Former U.S. President Donald Trump appointed Slaoui to lead his administration's effort to produce and distribute COVID-19 vaccines last year

Amid Covid surge, India stops exports of Covishield: Report

The move will also affect supplies to the GAVI/WHO-backed COVAX vaccine-sharing facility through which more than 180 countries are expected to get doses

ByteDance hires Xiaomi executive as CFO, moving towards IPO

ByteDance owns TikTok

Indian IPO fundraising at 13-year peak as mom-and-pop investors pile in

The stimulus unleashed by central banks globally in response to the Covid-19 pandemic also has driven flows from foreign investors into many emerging market shares, particularly India

China's Xiaomi fourth-quarter profit rises 36.7% on handset demand

This comes just as its major Android rival fell out of the market

Global stocks ease as lockdowns sap momentum, oil prices rebound

Benchmark 10-year U.S. Treasury notes last yielded 1.6207% after reaching 14-month highs last week.

Japan urges support for fire-hit Renesas as global chip woes deepen

A chip plant owned by Renesas Electronics Corp was hit by fire last week and replacing damaged machines could take several months.

Asian shares hit two-week lows, dollar gains as investors scurry for cover

On Wall Street overnight, the Dow Jones Industrial Average fell 0.94%, the S&P 500 lost 0.76% and the Nasdaq Composite dropped 1.12%

European stocks hit two-week low ahead of business activity data

The pan-regional STOXX 600 index fell 0.6% by 0810 GMT