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US House poised to impeach Trump; McConnell spurns immediate trial

With only a week remaining in Trump's tumultuous four-year term, an immediate trial could allow the Senate to vote on whether to oust him before he leaves the White House

Intel taps VMware's Pat Gelsinger as CEO, to replace Bob Swan: Report

Swan is set to step down effective Feb. 15, the sources said

Facebook tracking a rise in violent rhetoric tied to Biden's inauguration

Violent rhetoric on online platforms had already ramped up in the weeks before last week's unrest as right-wing groups planned the assault, largely in open public view

Indian Oil cancels LNG import tender due to higher prices: Report

Indian Oil Corp has cancelled its tender to import liquefied natural gas (LNG) for delivery in mid February due to higher prices, two trade sources familiar with the matter said.

Citi appoints Shahmir Khaliq as head of Treasury and Trade Solutions

Khaliq, who was the head of Operations and Technology at TTS, has also served as the company's global head of Direct Custody & Clearing within Markets and Securities Services unit

Airbnb to cancel Washington bookings during Joe Biden inauguration week

Airbnb said it had banned from its platform some individuals who were found to have ties with hate groups or were involved in last week's deadly storming of the U.S. Capitol

US imposes sanctions on Iranian foundations in last days of Trump's term

Republican Trump is due to hand over power to Democratic President-elect Joe Biden after losing the Nov. 3 election

US Capitol riots: Google to pause all political ads from January 14

In a statement, Google said it would "temporarily pause all political ads in addition to any ads referencing impeachment, the inauguration, or protests at the U.S. Capitol."

Oil prices fall after earlier gains as rising global Covid-19 cases

The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.

GOP lawmaker expects more Republicans to impeach Doland Trump

The House is set to vote Wednesday afternoon on impeaching Trump for a second time, accusing him of rallying a violent mob of supporters to attack the US Capitol last week

Wall Street brushes off political turmoil, looks to economic rebound

By Lewis Krauskopf

Emotions run high as US House begins debate on impeaching Donald Trump

At least five Republicans have said they would join Democrats in voting for an article of impeachment - a formal charge - of inciting an insurrection just seven days before he is due to leave office

Wall Street flat as stimulus rally cools; Intel jumps on replacing CEO Swan

The Dow Jones Industrial Average rose 16.2 points, or 0.05%, at the open to 31084.88.

New York City to cut contracts with Trump organization, says mayor

New York City will sever 3 contracts with the Trump Organization, Mayor Bill de Blasio said on Wednesday, accusing President Donald Trump of inciting the crowds that stormed the US Capitol last week

Global consumption will remain depressed in first half of year: Unilever

The company would grow ahead of the broader market and he does not expect any hits to margins over the near term.

Emirates airline sees full fleet returning to the skies this year

By Alexander Cornwell

London Stock Exchange gets EU nod for $27 billion takeover of Refinitiv

A combined LSE and Refinitiv will still be eclipsed by Bloomberg LP, but will outrank a combination of S&P and IHS Markit, whose $44 billion tie-up was announced last year.

Uber appeals $59 million California fine over sexual assault data request

By Tina Bellon

Primavera chairman believes Jack Ma 'safe and sound', upbeat on Ant

Alibaba founder Jack Ma, who also controls Ant, has not been seen in public since Ant's IPO debacle.

Govt wants Pfizer to do local study for emergency approval: Official

Serum Institute of India, the local manufacturer of the vaccine developed by AstraZeneca Plc and Oxford University, has done a similar study on more than 1,500 people over months before seeking nod