Markets

WASHINGTON :The head of a major U.S. business group that represents 14,000 companies including Exxon Mobil Corp, Pfizer Inc and Toyota Motor Corp urged senior U.S. officials to consider removing President Donald Trump from office after supporters of the outgoing president stormed the U.S. Capitol.

German biotech firm CureVac has agreed to an alliance with drugmaker Bayer to get global support in seeking approval for its experimental COVID-19 vaccine and for distribution, daily Bild reported.

Tyson Foods Inc said it resumed slaughtering hogs at an Iowa meat plant on Wednesday, three weeks after idling the facility because of a mechanical malfunction.

U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd and Tencent Holdings Ltd, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

NEW YORK :The Dow and the S&P 500 hit record highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fiscal stimulus and infrastructure spending.

WASHINGTON :The U.S. Department of Justice said on Wednesday its email systems were accessed by the hackers who broke into software company SolarWinds, another indication of the gravity of the breach that has shaken Washington.

U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd and Tencent Holdings Ltd, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais (US$5.3 billion) from a compensation deal with miner Vale SA after the 2019 Brumadinho deadly dam burst, a senior state official said on Wednesday.

British supermarket chain Marks and Spencer vowed on Wednesday (Jan 6) not to use cotton from China's Xinjiang region in its clothes in response to the country's alleged treatment of its Muslim Uighur minority.

The odds-on Democratic victory in two US Senate races on Tuesday could open the door to the more robust government spending response economists and others have argued is needed to get the country through the pandemic with as little long-term economic damage to companies and households as possible.