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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

Biden Commerce nominee vows to protect US networks from Huawei, ZTE

Congress in December approved $1.9 billion to fund the replacement of ZTE and Huawei equipment in US networks.

SoftBank's Masayoshi Son to step down as chairman of telecom unit

Junichi Miyakawa takes the helm as the industry faces unprecedented political pressure to cut fees, potentially eating into fat margins in its core business.

Wall Street edges up as earnings season gains speed; General Electric up 4%

Of the 84 companies that have posted earnings through Tuesday morning, 86.9% have topped analyst expectations, according to Refinitiv data

Pfizer working on booster shot to protect against Covid-19 variants

"We are already laying the groundwork to respond quickly if a variant of SARS-CoV-2 shows evidence of escaping immunity by our vaccine," Pfizer said in an email to Reuters

Blackstone-backed Aadhar Housing Finance files papers for $1 billion IPO

Aadhar Housing Finance will use proceeds from the fresh issue to boost its capital base.

Johnson & Johnson expects Covid-19 vaccine data next week: Report

The company forecast 2021 profit well above Wall Street estimates, and its shares rose 3.4% to $171.55

Biden to reopen online health insurance marketplace, ease Medicaid rules

Biden has vowed to restore full access to the healthcare.gov site, which provides a way to get to a federal exchange offering healthcare insurance

Alexei Navalny being used by West to destabilise Russia: Putin ally

Navalny faces a court hearing on Feb.2

S&P 500 scales new high on upbeat corporate earnings; GE jumps 8%

The Dow Jones Industrial Average rose 8.5 points, or 0.03%, at the open to 30968.55

Oil prices tick up with European shares amid Saudi blast reports

Brent crude was up 32 cents, or 0.6%, at $56.20 by 1433 GMT, while US crude rose 22 cents, or 0.4%, to $52.99.

EU green light for $3.5 billion pan-European battery project: Report

Members of the scheme called European Battery Innovation include Austria, Belgium, Croatia, Finland, Greece, Poland, Slovakia, Spain and Sweden, the European Commission said

NextEra Energy posts loss on $1.2 billion Mountain Valley pipeline charge

The natgas pipeline, owned by units of Equitrans Midstream Corp and NextEra, among others, is currently estimated to be in service by late 2021