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Long road for Tesla in India with infrastructure, supply chain woes

The world's most valuable automobile manufacturer registered a local company in India earlier this month

Not viable: Alphabet closing Loon, a balloon alternative to cell towers

Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous using balloons the length of tennis courts and solar-powered gear

Ford to recall 3 million vehicles for air bags at $610 million cost

The recall includes 2.7 million US vehicles

Intel floats possibility of licensing deals, would rivals be interested?

Intel's business model has come into question in recent years as the company lost its manufacturing lead to the Taiwanese and Korean companies

Chinese phone maker Honor partners with chip suppliers after Huawei split

Huawei had sold Honor to a consortium of 30 of the sub-brand's agents and dealers in November to help it resume sourcing components restricted by US sanctions

India to begin commercial vaccine exports with shipments to Brazil, Morocco

The shots developed by UK-based drugmaker AstraZeneca and Oxford University are being manufactured at the Serum Institute of India

Falling cash flow: AirAsia Group to raise $113 mn via private placement

AirAsia said it will continue to explore other fundraising options or corporate proposals to improve the group's financial performance in the longer term

IBM revenue dips as software sales mark rare decline over uncertain economy

Revenue from its cloud-computing business rose 10% to a record $7.5 billion in the fourth quarter

Asian markets set for messy open after US stocks peak on Biden inauguration

On Thursday, the Nikkei 225 index closed up .82%, and the futures contract is now down 0.49% from the close

Incoming Intel CEO says majority of 2023 products will be made internally

Intel last week named Pat Gelsinger of VMware Inc as its incoming chief executive effective Feb. 15 as it grapples with delays in its 7-nanometer chip manufacturing technology

Siemens reports stronger than expected results, to review outlook

The trains-to-factory software maker said it would review its outlook for fiscal 2021 when it publishes its first-quarter earnings in full on Feb. 3.

Joe Biden seeks five-year extension of New START arms treaty with Russia

The source, who spoke on condition of anonymity, said that US lawmakers have been briefed on Biden's decision, which is likely to be made public later on Thursday

Bitcoin slumps nearly 10% as pullback from record high gathers pace

The world's most popular cryptocurrency Bitcoin was last down 10.6% at $31,724. It has lost about 27% of its value after touching a record $42,000 on Jan. 8

Pfizer-BioNTech agree to supply WHO co-led Covid-19 vaccine scheme: Report

The deal is expected to be announced on Friday, according to the sources, who declined to be named due to the confidentiality of the agreement

US labor market recovery fading; housing, factories underpin economy

The services sector has borne the brunt of the coronavirus crisis, disproportionately impacting lower-wage earners, who tend to be women and minorities

Biden launches sweeping Covid-19 changes on first full day in White House

The Biden administration is aiming at a coordinated federal coronavirus response to the 10-month pandemic, focused on boosting vaccines, increasing testing, reopening schools

Parliament panel questions Facebook on WhatsApp's privacy policy changes

The committee asked why Facebook needed to change WhatsApp's privacy terms and how it will impact users, a panel member told reporters on condition of anonymity after the meeting

Pfizer cuts vaccine deliveries by as much as half to some EU countries

It was a similar situation in Poland which on Monday received 176,000 doses, a drop of around 50% from what was expected, authorities said

Oil prices slip after unexpected increase in US crude inventories

Brent crude futures fell 3 cents to $56.05 a barrel

Facebook's oversight board to decide if Donald Trump should stay suspended

Trump will remain suspended while the board, a recently created body that can overrule the company's decisions on content, reviews the decision