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Fed remains in crisis-fighting mode as recovery appears to moderate

Monetary policy likely on hold for foreseeable future; Fed chief Powell says vaccination program key to economy

Global Covid cases surpass grim 100-million milestone; 2.1 million dead

Almost 1.3 per cent of the world's population has now been infected with Covid-19

Complacency in markets because of continued monetary support: IMF

The rollout of Covid-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices

Chinese smartphone brands expanded India market share in 2020: Report

India's next biggest phone brands were Vivo, Realme and Oppo - all Chinese - data from Counterpoint showed.

Fiat to plead guilty, pay $30 mn to resolve US criminal labour probe

The automaker has also agreed an independent compliance monitor for three years

S&P, Dow slide after Boeing results; Nasdaq fall cushioned by Microsoft

Declines were across the board in early trading, with 10 of the 11 major S&P 500 sectors in negative territory

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