Page 1218 - Reuters/workspace/business Standard Web/video

Oil prices slip after unexpected increase in US crude inventories

Brent crude futures fell 3 cents to $56.05 a barrel

India's Covid vaccine diplomacy in south Asia pushes back against China

Myanmar and the Seychelles are next in line to get free consignments as India uses its strength as one of the world's biggest makers of generic drugs to build friendships

OPEC+ compliance with oil production cuts at 99% in December, says report

The figure is slightly below November's 101 percent

Iraq cuts crude oil supplies for most Indian refiners in 2021: Report

Iraq was the top oil supplier to India in 2020 and a reduction in long-term Basra crude supplies could erode Baghdad's market share in the world's third largest oil importer and consumer

WTO tells US to revise trade measures into line against South Korea

The World Trade Organization recommended on Thursday that the United States bring a series of duties imposed in the pre-Trump era on South Korea into line with global trading rules.

Wall Street hovers near record highs after Biden bounce; Ford Motor up 3%

President Joe Biden is expected to launch an array of initiatives during his initial days in office, including ramping up testing and vaccine rollouts.

Volkswagen faces European Union fine for missing 2020 emissions targets

Volkswagen faces a fine of more than $121 million for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday

US weekly jobless claims decline moderately as Covid tears through nation

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the Covid pandemic tears through the nation

South Africa to pay $5.25 a dose for AstraZeneca vaccine from India's SII

The SII doses are intended for South Africa's frontline healthcare workers

Fire at Serum Institute building in Pune; vaccine output not hit: Report

SII is manufacturing a vaccine developed by Oxford University and US drugmaker AstraZeneca

Bitcoin slumps 10% to a 10-day low as pullback from record continues

The world's most popular cryptocurrency continued to retreat from the $42,000 record high hit on January 8

A lot of hot air? Investors snap up hydrogen stocks in green frenzy

Share prices of companies in the industry have soared more than 500% in the past year

Parliament panel to question Facebook on WhatsApp's privacy terms: Report

The Ministry of Electronics and Information Technology, in a Jan. 18 email to WhatsApp boss Will Cathcart, had said the new privacy policy terms take away choice from Indian user

Departing US FCC chief Ajit Pai warns of threats to telecoms from China

Pai was named chairman in January 2017 by former President Donald Trump and stepped down on Wednesday

Gold scales two-week high as dollar slips on fiscal stimulus optimism

Spot gold gained 0.9% to $1,896.96 per ounce at 1:58 p.m. EDT (1758 GMT), while U.S. gold futures settled up 1.1% at $1,903.20

Amazon offers to help US with vaccine efforts in letter to President Biden

The world's largest online retailer has an agreement with a healthcare provider to administer vaccines at its facilities

Japan's exports post 1st annual gain in two years over shipments to China

The Ministry of Finance data out on Thursday showed Japan's exports rose 2.0% in December from a year earlier

Asian stocks at record highs as Biden inauguration lifts stimulus hopes

The Biden administration is expected to push through a nearly $2 trillion U.S. fiscal stimulus plan

Oil slips on surprise rise in US crude stocks, fuel fears of demand fall

U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.5%, to $53.04 a barrel at 0147

Stock Exchange clears $3.4 bn Future-Reliance deal in setback for Amazon

SEBI has advised that Future should share various details of company's ongoing litigation with Amazon when it approaches India's National Company Law Tribunal