Hyundai Motor Group is planning a further US investment worth $7.4B by 2025 to manufacture electric vehicles, upgrade output facilities as well as invest more in smart mobility solutions.
Airbnb topped Wall Street's estimates for its Q1 gross revenue, with bookings surging 52%, as easing restrictions and COVID-19 vaccinations spurred vacation rental demand.
Bloomberg reported on Thursday that Binance is under probes by the US Justice Department and the IRS. The news sent Binance Coin sharply lower, nearly 12% for the trading session.
Google won a deal to supply cloud services to Elon Musk's SpaceX, which launched plenty of Starlink satellites to provide high-speed internet.
On Thursday, Samsung Electronics increased its non-memory chips investment to $151 billion through 2030.
As reported by the US Labor Department on Thursday, the number of Americans filing for new unemployment benefits declined last week.
Tesla will stop accepting digital currency Bitcoin for vehicle purchases, Tesla's Chief Executive Officer Elon Musk said on Wednesday.
Wall Street's main indexes edged higher on Thursday. The Dow Jones Industrial rose by 0.11% at the open, while the S&P 500 surged by 11.95 points or 0.29%.
On Thursday, McDonald's Corporation announced a 10% pay increase in nearly 660 US restaurants.
The United States Energy Secretary Jennifer Granholm revealed on Thursday that the US fuel shortages should end by the end of the day.
On Thursday, Alibaba issued an increased annual earnings forecast, which was based upon good e-commerce trends.
On Thursday, stock markets around the globe declined, as a sell off was caused by higher than expected US inflation data being released on Wednesday.
UK engineering giant Rolls-Royce is sticking to its 2021 outlook for the positive free cash flow on the back of expected rebound in economy and travelling.
Bird Rides stated that it is set to merge with blank-check firm Switchback II Corp to go public in a deal, which would value the EV scooter rental firm at $2.3B.
Sweden's Skanska stated that it would invest $476M in its largest commercial property project to date, office buildings near Seattle in the US.
Tesla said via Weibo that it supports the China auto industry standardisation, commenting on cyberspace administration's draft rules on auto data regulation.
The US Consumer Prices Index soared 0.8% in April, the strongest monthly increase since 2009, driving the inflation rate to the highest level in nearly 13 years, the government reported.
Amazon won the court against the EU order to pay about €250M in back taxes to Luxembourg in a blow to campaign against preferential deals.
Swedish automaker Volvo Cars considered listing on the Nasdaq Stockholm stock exchange in 2021, and also said that it prolonged CEO Hakan Samuelsson's contract to the end of next year.
During Wednesday's trading session, Ethereum, the second-largest cryptocurrency by market capitalization, climbed to $4,372.35, eclipsing the previous record hit on Monday.
Gasoline shortages worsened in some parts of the United States on Wednesday, as the shutdown of the country's biggest fuel pipeline by hackers entered its sixth day.
On Wednesday, Lyft and Uber ride-sharing platforms called for more public subsidies to meet with the proposed rules by California's CARB, mandating electric vehicles account for 90% of ride-hailing service.
US stocks edged lower on Wednesday. The Dow e-minis were down by 136 points or 0.40%, the S&P 500 e-minis declined by 0.69%, while the Nasdaq 100 e-minis fell by 172.5 points or 1.29% at 8:43 a.m. ET.
The US Defense Department is set to remove China's tech giant Xiaomi Corp from the government blacklist, according to a court filing published on Wednesday.