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Wall Street finish up as Fed's Powell soothes inflation fears

By Gertrude Chavez-Dreyfuss

GameStop stock doubles in afternoon; even Reddit is surprised

By David Randall

Chinese court orders man to pay ex-wife $7,700 for 5 years of housework

The judge ruled in her favour, telling the man to pay 50,000 yuan for her labour, according to state television.

Suzuki's 91-year-old chief to retire after longest reign in auto industry

The announcement by Japan's fourth-biggest automaker comes less than a week after rival Honda Motor appointed a new CEO, who said he would consider alliances to make bold decisions.

Nepal PM Oli will not step down despite court defeat, says official

Oli, 69, has begun meeting allies in the Nepal Communist Party (NCP) to review the situation after the court held parliament's abrupt dissolution unconstitutional

IMF chief urges G20 action to reverse global economy's dangerous divergence

IMF Managing Director Kristalina Georgieva said "much stronger international collaboration" was needed to accelerate the rollout of Covid-19 vaccines in poorer countries

India's economy likely returned to growth last quarter, says poll

However, the wide range of forecasts in the latest poll - from a contraction of 4.7% to a 2.6% expansion - underscores the uncertainty.

India expected to harvest record wheat, rice crops this year: Agri ministry

Rice output is estimated to rise by 1.2% to 120.32 million tonnes

Powell says may take more than 3 years to hit Fed's inflation goal

"We are just being honest about the challenge," Powell told the House of Representatives Financial Services Committee

Oil prices rise after data shows slump in US output amid Texas freeze

Gasoline production last week declined as a result of the Texas refinery shutdowns, to 7.7 million bpd

Beijing-based ByteDance names new global head of R&D at TikTok: Report

The role is newly created and would be the first senior R&D position for TikTok

SoftBank-backed Berkshire Grey to go public via $2.7 bn SPAC deal

The deal is expected to provide Berkshire Grey about $413 million in cash, as the maker of logistics automation systems looks to take advantage of a surge in online shopping amid the COVID-19 pandemic

European Commission bets on data to prepare for climate change impacts

As European Union countries attempt to eliminate their net greenhouse gas emissions by 2050, they will still face decades of climate-related impacts, locked in from previous years' emissions

Wall Street opens lower as technology stock declines resume

High-flying growth stocks continued to be pressured by valuation concerns

Analysis: As bond selloff gets real, policymakers face fresh headache

The selloff has even engulfed Europe

Apple supplier Foxconn teams up with Fisker to make electric vehicles

Fisker's shares jumped 23.4% to $20.10 in premarket trading.

Vodafone's towers arm plans biggest European IPO of 2021 so far

Duesseldorf, Germany-headquartered Vantage operates 82,000 towers across 10 countries, where it is usually the leading or second largest supplier. Germany is its largest market

Higher share trading tax clouds outlook for Hong Kong stock exchange

The city's budget deficit is expected to hit a record HK$257.6 billion ($33.2 billion) for 2020/21

Facebook plans to invest $1 billion in news industry after Australia row

Facebook on Tuesday restored Australian news pages, ending an unprecedented week-long blackout after wringing concessions from the government over a proposed law

Outlook for airlines deteriorating in 202: Global Industry body

Global airline industry body IATA warned that the outlook for airlines had weakened since its December forecasts