| | U.S. stocks closed at record 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" beneficiaries. | | | Brazilian right-wing President Jair Bolsonaro on Wednesday wrote to newly inaugurated U.S. President Joe Biden that he hoped the two countries would pursue a broad free trade agreement during Biden's tenure. | | | Kinder Morgan Inc reported a better-than-expected quarterly profit on Wednesday as demand for transporting natural gas picked up after a coronavirus-induced slump hurt volumes earlier in 2020. | | | 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. | | | Global equity benchmarks rose to new record highs and oil prices rose on Wednesday as investors moved into riskier assets in anticipation of further U.S. stimulus under the new Biden administration to mend the economic damage of the coronavirus pandemic. | | | 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. | | | 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. | | | | |