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Stores closed by farmer protests cost Reliance, Walmart millions in revenue

In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India's economy at $9.6 billion

WHO approval for AstraZeneca vaccine should come soon: Serum CEO

Serum CEO Poonawalla said his company would start stockpiling millions of doses of the Novavax coronavirus vaccine candidate from around April

Nokia partners with Google for building cloud-based 5G network infra

Nokia on Thursday partnered with Alphabet's Google Cloud unit to build 5G core network infrastructure

Despite controversy, govt to treat homegrown vaccine same as AstraZeneca's

Administering Bharat Biotech's Covaxin, a move cheered by nationalist politicians, has worried some health experts who consider it rushed

Climate change: PepsiCo aims for net-zero greenhouse gas emissions by 2040

The food-and-beverage giant generated about 57 million metric tonnes of greenhhouse gas emissions globally in 2019

WhatsApp scrambles as users in big Indian market fret over privacy

Though WhatsApp has yet to see mass uninstalls of its app in India, users concerned about privacy are increasingly downloading rival apps such as Signal and Telegram

Serum Institute to stockpile Novavax vaccine candidate from around April

SII will start stockpiling millions of doses of the Novavax coronavirus vaccine candidate starting around April

US House impeaches Trump for a second time; 10 Republicans vote yes

Some Republicans argued the impeachment drive was a rush to judgment that bypassed the customary deliberative process such as hearings

Hindustan Aeronautics soars 14% on $6 billion government defence deal

The government said it would buy 83 fighter aircraft from the company for over $6 billion in the biggest defence deal for a homegrown company

New Renault boss Luca de Meo to cut more costs in turnaround drive

Renault's new CEO Luca de Meo hiked the French carmaker's cost savings target and further cut into the number of cars it plans to turn out as he tries to lift profitability at the loss-making company

As food prices ease, wholesale inflation comes down to 1.22% in December

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices

PayPal becomes first foreign firm in China with full ownership of payments

PayPal has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data

Grab raises $300 million for its fintech arm's ambitious expansion

Ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business

US orders zero tolerance for disruptive airline passengers, possibly jail

US Federal Aviation Administration chief Steve Dickson signed an order directing the agency to take a "zero tolerance policy" after supporters of Trump were disruptive on some recent flights

Gold prices retreat as dollar, US Treasury yields rebound; Stimulus awaited

Gold prices fell on Thursday as US Treasury yields and the dollar rebounded, while investors awaited details on incoming US President Joe Biden's coronavirus stimulus proposal

Huawei CFO Meng Wanzhou received death threats in mail, Canada court hears

Huawei Chief Financial Officer Meng Wanzhou received multiple death threats, including bullets in the mail, while under house arrest in Vancouver, a Canadian court heard on Wednesday

London resilient at top of European tech investment table despite Covid-19

London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of coronavirus

Singapore Airlines raises $500 mn in dollar debt debut to buy new aircraft

Singapore Airlines has raised $500 million in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound

China's 2020 total crude oil imports jump 7.3% to record on low prices

China's total crude oil imports surged 7.3% in 2020 despite the coronavirus, with record arrivals in the second and third quarter amid plunging oil prices and expanding refineries, data showed

Oil prices dip on rise in virus cases; US stock draw checks losses

Oil prices eased for a second day as mounting coronavirus cases globally raised demand concerns, although a drawdown in US crude stocks for a fifth straight week capped losses