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Cigarette makers fume as govt proposes changes to anti-smoking law

India has over the years introduced tobacco controls and launched campaigns to deter its use, but enforcement of the law has been a challenge

Gold prices inch down as higher yields outweigh stimulus optimism

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus

US considering adding Alibaba, Tencent to China stock ban: Report

The Trump administration is considering adding Alibaba Group Holding and Tencent Holdings to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military

US to urge firms to comply with China investment ban in new guidance

The US State Department plans to release as soon as Wednesday a fact sheet urging US investors to comply with an executive order banning investments in alleged Chinese military companies, sources said

Gaming platform Roblox valued at $30 billion, plans direct listing

Roblox Corp said it aims to go public through a direct listing, instead of an IPO as originally planned, and has raised new funding in a deal that values the US gaming platform at nearly $30 billion

BP gives Caribbean refinery more time to hit operating targets: Report

BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, sources said

US, Japan set for recovery in second half of 2021, IMF chief economist says

Economic stimulus approved in the US and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday

US slams India, Italy on digital taxes, could impose retaliatory tariffs

Digital services taxes adopted by India, Italy and Turkey discriminate against US companies and are inconsistent with international tax principles, the US Trade Representative's office has said

US Capitol chaos: Twitter restricts Trump tweet for 'risk of violence'

In the tweets, Trump continued to make the baseless claim that the election was fraudulent. In the video he also urged protesters to go home

US Fed says bond-buying changes hinge on 'qualitative' call on economy

By Howard Schneider, Jonnelle Marte and Ann Saphir

Georgia delivers US Senate to Democrats with double win, says report

Raphael Warnock, a Baptist preacher from Martin Luther King Jr.'s former church, beat Republican incumbent Kelly Loeffler to become the first Black senator in the deep South state's history

EU regulator approves Moderna vaccine as fears mount over virus variants

Vaccinating the European Union's 450 million people could be crucial to ending a pandemic that has killed almost 1.9 million people globally

Dow, S&P 500 hit fresh all-time peaks, but pro-Trump protests curb gains

Before the pro-Trump protests, financials hit a 1-year high, while materials, industrial and energy sectors jumped held their gains

Wall Street opens lower on prospects of Democrat-controlled Senate

The Dow Jones Industrial Average fell 28.8 points, or 0.09%

Cosmetics startup Nykaa plans IPO, eyes $3 billion in valuation: Report

The cosmetics startup is backed by TPG

Bitcoin emergence as 'digital gold' could lift price to $146,000: JPMorgan

"Bitcoin's competition with gold has already started in our mind," the Wall Street bank's strategists said in a note

Huawei to pack less of a punch this year after bruising 2020: Analysts

China's leading telecommunications equipment maker found itself on a US trade blacklist in May 2019 due to national security concerns. Huawei has repeatedly denied it is a risk

US imposes fresh sanctions on Iran as Donald Trump's term nears end

The US blacklisted 12 Iranian steel and metals makers and three foreign-based sales agents of an Iranian metals and mining holding company, seeking to deprive Iran of revenues

Trump administration readies oil bidding in Arctic wildlife refuge Alaska

Trump administration will open bidding on drilling leases in Arctic wildlife refuge in Alaska despite tepid interest from the oil and gas industry and a pledge from Biden to protect the region

Oil hits 11-month high after Saudi Arabia pledges voluntary output cut

Oil prices rose on Wednesday to highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers