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Janet Yellen To Say U.S. Does Not Seek Weaker Dollar, Wall Street Journal Reports

Janet Yellen, Presidentelect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to marketdetermined foreign exchange rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported on Sunday.
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UK Must Not Do Trade Deals With Rights Abusers, Foreign Minister Says

Britain should not engage in free trade with countries that abuse human rights, but proposals that the country’s courts should decide whether genocide has been committed by trade partners is flawed, foreign minister Dominic Raab said.
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PM Modi Announces Rs 1,000-Crore ‘Startup India Seed Fund’

Addressing the 'Prarambh: Startup India International Summit', Modi exuded confidence that the growth of startups will help in generating jobs and improving lives of people in the region.
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Business

Hindustan Aeronautics Share Price Surges 10% Post-approval of Rs 48,000 Crore Tejas Deal

The shares were trading at 1,015.00, up by 93.40 points or 10.13 per cent at 2:25 pm at the National Stock exchange (NSE).
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Risky Driving: US Traffic Deaths Up Despite Virus Lockdowns

The number of people killed on the nation’s highways rose 4.6% in the first nine months of 2020 despite coronavirus lockdowns that curtailed driving early in the year.
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FinMin Allows Kerala to Borrow Additional Rs 2,373 Cr Post ‘Ease of Doing Biz’ Reforms

Kerala has now joined seven other states Andhra Pradesh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana which have completed the reforms facilitating ease of doing business to be eligible for the additional borrowing.
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World Bank Economist: China Needs To Learn To Restructure Emerging Market Debt

Increasing debt distress in emerging markets means that China, now the world’s largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told the Reuters Next conference on Tuesday.
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As Canada Battles Rising COVID-19 Cases, Lack Of Sick Leave Fuels Transmission

As Canadian provinces struggle to contain rising COVID19 infections, a lack of adequate paid sick leave for frontline workers is fuelling transmission, doctors and advocates say.
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Business

Airbnb Banning Rioters, Hate Groups Ahead Of Inauguration

Airbnb said Monday that its reviewing reservations in the Washington, D.C., area ahead of next weeks presidential inauguration and will bar any guests associated with hate groups or violent activity.
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Business

Liz Weston: 4 Financial ‘experts’ Who Could Steer You Wrong

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so nor are they required to put our interests ahead of theirs.