The latest business and finance news from around the world from the BBC
Update: Markets end the day on a high
The markets rallied, led by video conferencing business Zoom which reported profits a long way above expectations, as we hear from independent investment consultant Peter Jankovskis. Plus, the largest power cooperative in the state has filed for bankruptcy protection; we get analysis from Jeremy Hill who's been following the story for Bloomberg.
Texas power company files for bankruptcy
Texas's Brazos Electric Power Co-operative has filed for bankruptcy after winter storms. The firm says it's facing a $1.8bn bill as a result of last month's disruption, and Andy Uhler, energy reporter at Marketplace in Texas, explains the implications.
Also in the programme, starting a week of special programming about mental health and the pandemic, the BBC's Manuela Saragosa reports on what more businesses and governments could be doing to support their employees' mental wellbeing.
Plus, a campaign is under way to promote the use of subtitles on television as a means of helping children to improve their literacy. We find out more from Oli Barrett, co-founder of Turn on the Subtitles.
Controversy for the Golden Globes
The Golden Globes has been in the news for all the wrong reasons, following exposés of The Hollywood Foreign Press Association, a group of 87 international journalists who vote on the awards; we hear from KJ Matthews, an entertainment reporter based in Los Angeles. The World Trade Organisation has a new boss in charge from Monday but press coverage of Ngozi Okonjo-Iweala has been criticised for being sexist and racist . We hear from Ugandan Economist Emmanuel Nshakira Rukundo who is currently at the University of Bonn in Germany. Plus we pick over the $1.9 trillion US stimulus package with the help of economist Michael Hughes. And the UN is appealing for $4bn for Yemen, warning that the country is on the verge of the worst famine the world has seen for decades; we hear from Elana DeLozier, a fellow at the Washington Institute for Near East Policy.
UPDATE:US house set to approve $1.9 trillion stimulus
The US House of Representatives prepares to pass President Biden's $1.9 trillion economic stimulus package to help provide support during the Covid-19 Pandemic, we speak to the Wall Street Journal's Christine Peterson about what new measures the bill includes. Plus Pokemon hits 25, we find out just how the creature collecting game has kept everyone catching 'em all for so long
India's economy bounces back
The Indian economy grew 0.4% in a year, after significant coronavirus-related declines. The BBC's Nikhil Inamdar in Mumbai talks us through how different sectors have performed. And we hear from Adar Poonawalla, chief executive of the world's largest vaccine maker, Serum Institute of India, about the role the company is playing in getting coronavirus jabs shipped around the world. Also in the programme, IAG, the parent of British Airways, Iberia and several other airlines, has posted a loss of just over $9bn in 2020. We consider the future of the aviation industry with the environmental campaigner, George Monbiot. Plus, three decades after the cult classic Eddie Murphy film Coming to America was released, a sequel will be screened on Amazon Prime from next week. We ask South African actor Nomzamo Mbatha, who stars in the new production, how the west's portrayal of Africa has changed since the 80s.
UPDATE:Etsy publishes strong results as online shopping soars
Etsy publishes a strong set of results, we hear from Etsy seller Ellie Chalkley about why she uses the platform. Plus an update on how the US markets performed.