 | | | | Oil edged higher on Wednesday on expectations that U.S. President Joe Biden's administration will deliver hefty pandemic-related economic stimulus that will lift fuel demand and enact policies that will tighten crude supply. | | | | | | The S&P 500 and the Nasdaq hit highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of stay-at-home winners. | | | | | | U.S. President Joe Biden on Wednesday will revoke the permit needed to build the Keystone XL oil pipeline after being sworn into office, aides said, dashing Ottawa's hopes of salvaging a project that the struggling Canadian crude sector has long supported. | | | | | | U.S. President Joe Biden's move to scrap the Keystone XL oil pipeline, while a blow to Canada's energy sector, is a blessing in disguise for Prime Minister Justin Trudeau, who is eager to embrace the new administration, two sources familiar with the matter said. | | | | | | EU antitrust regulators have sought information from advertisers regarding Google's advertising technology practices, a European Commission document seen by Reuters shows. | | | | | | Procter & Gamble Co raised its full-year sales forecast for a second time on Wednesday as it benefited from sustained coronavirus-driven demand for cleaning products, while also warning that the pace of sales might slow as vaccines roll out. | | | | | | Global equity benchmarks rose to new record highs and oil prices jumped while U.S. Treasury bonds dipped Wednesday as investors weighed the likelihood of further U.S. stimulus under the new Biden administration against worsening coronavirus outbreaks in China and the United States. | | | | | | Amazon is suing EU antitrust regulators for allowing the Italian competition watchdog to pursue its own case against the U.S. online retail giant over the way it selects sellers, arguing that this should be wrapped into an EU investigation. | | | | | | Daimler AG's Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to consumers to meet targets in Europe and China. | | | | | | UnitedHealth Group Inc on Wednesday reported higher-than-expected fourth-quarter profit, as medical costs came in lower than Wall Street estimates even with increased spending related to the surge in COVID-19 cases in December. | | | | | |
