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Biden to reinstate Covid restriction on non-US travellers, add South Africa

Biden is reversing an order from President Donald Trump in his final days in office that called for the relaxation of the travel restrictions as of Tuesday

Cairn threatens to enforce arbitration award against Indian assets overseas

Cairn was awarded damages of over $1.2 billion plus interest and costs in the long-drawn tussle over a tax dispute

After exchanges okay Future-Reliance deal, Amazon asks court to block sale

Amazon argues Future breached some pre-existing clauses by entering into a deal with Reliance

Huawei in talks to sell premium smartphone brands P and Mate: Report

The P and Mate phone series are among the top players in the higher-end smartphone market in China

Farmers ride caravan of tractors into Delhi ahead of Republic Day

Top leaders and military officials attend the annual high-security parade to mark the day India's constitution took effect in 1950

Apple supplier Luxshare shares fall after US patent infringement notice

Shares in Apple Inc supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States.

Asian shares rise as US stimulus plans offset virus woes, delayed vaccines

Global equity markets have scaled record highs in recent days on bets Covid-19 vaccines will start to reduce the inflection rates worldwide and on a stronger US economic recovery under President Biden

Tata Medical in talks to launch Moderna Covid-19 vaccine in India: Report

Tata could team up with the India's Council of Scientific & Industrial Research (CSIR) to carry out clinical trials of Moderna's vaccine candidate

'We can't wait:' Biden admin fights for $1.9 trillion Covid-19 relief plan

Lawmakers from both parties said they had agreed that getting the Covid-19 vaccine to Americans should be a priority

Oil prices fall for second session as Covid lockdown concerns cast pall

Brent crude futures for March fell 15 cents, or 0.3%, to $55.26, while U.S. West Texas Intermediate crude for March was at $52.19 a barrel, down 8 cents, or 0.2%

China beat US as largest recipient of FDI, received $163 billion in 2020

In 2019, the United States had received $251 billion in inflows and China received $140 billion

Asian shares under pressure over new Covid cases, doubts on vaccine supply

The benchmark is below the record high of 727.31 touched last week but up 8.5 per cent so far in January, on track for its fourth straight monthly rise

Global green bond issuance hit new record high last year at $269.5 billion

Green bonds are a growing category of fixed-income securities that raise capital for projects with environmental benefits

United Arab Emirates cabinet approves setting up embassy in Tel Aviv

The UAE and Israel agreed to normalise relations in August, a deal forged largely over shared fears of Iran

'We can't wait:' Biden to push US Congress for $1.9 trn in Covid-19 relief

Brian Deese, director of the National Economic Council, said he would speak to the senators as part of a push by the Biden administration to make the case for a large rescue plan

Taiwan says asking firms to help ease global chip shortage for auto sector

Automakers around the world are shutting assembly lines because of a global shortage of semiconductors

Morgan Stanley CEO's annual pay rises by over 20% after bank's success

Under James Gorman, Morgan Stanley produced net income of $11 billion, compared with $9 billion a year ago.

Davos ski resort eerily quiet without World Economic Forum this year

Streets of little Alpine town lie deserted as annual meeting of business chiefs, political thinkers and national leaders moves online.

GM warns Maharashtra's move to block its exit could hit investment

GM said it planned to seek a reversal of the state's order as soon as possible

Yellen wins unanimous US Senate vote despite Republican tax, debt concerns

Yellen's nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about President Joe Biden's ambitious plans