China's foreign trade surged 29.2% to $1.29 trillion in the first quarter of 2021, compared to the same period in 2020, the General Administration of Customs reports.
Blockchain technology company ConsenSys raised $65M from major banks and other fintech companies including J.P. Morgan, Mastercard and UBS.
Epic Games raised $1B in its latest round of funding that values the company at $28.7B, data published by the company show.
US consumer prices increased by the most in more than 8 years in March as massive fiscal stimulus unleashed demand, the Labor Department reports.
India seeks imports of Pfizer, Johnson & Johnson, and Moderna COVID-19 vaccines after a big surge in cases in the country this month.
France's carmaker Renault has begun negotiations with its unions about extending the partial suspension of its three Spanish plants until September-end as a preventive measure in case the global semiconductor shortage continues.
On Tuesday, American Airlines stated it was expecting its Q1 revenue to drop nearly 62% compared with the 2019's same period, and to report a loss of around $2.7B-$2.8B, excluding its gains from the payroll support programme.
On Tuesday, Nornickel, Russia's metals producer, announced its plans to boost nickel products output at its Finnish plant, looking at the expanding market for EV batteries.
Europe's biggest automaker Volkswagen has agreed with the most powerful union in Germany, IG Metall, on a wage deal for 120K staff, with salaries rising by 2.3% starting from January 2022.
During Tuesday's European trading hours, European stock indices paused their surge near record high levels.
The US Senator Josh Hawley has introduced a legislation that would ban companies, including the Big Tech, from any merger and acquisition deals with the market value more than $100B.
Credit Suisse Group announced on Tuesday it had nominated Christian Gellerstad, the wealth management expert, for election to Swiss entity's board of directors at the annual general meeting that would take place on April 30.
Grab Holdings, the Southeast Asian biggest food delivery and ride-hailing company, will announce on Tuesday its merger deal with the US SPAC Altimeter at the valuation of about $40B.
Nvidia is expecting its Q1 sales to exceed $5.3B on robust demand for its chips that power cryptocurrency mining and data centres, the chipmaker said.
On Monday, the US government announced that the US budget deficit had reached a record high in March of 2021.
The President of the Boston Federal Reserve Bank Eric Rosengren stated on Monday that the US economy would experience a rebound in 2021.
On Monday, Air France-KLM announced that it would raise $1.2 billion in new equity to handle the coronavirus crisis.
US consumers are more optimistic about the labour market and expect higher inflation, a survey released by the Federal Reserve Bank of New York shows.
Intel announced on Monday, that it would start the production of auto chips in six to nine months.
Microsoft plans to purchase artificial intelligence company Nuance Communications for about $16B in cash, the Microsoft CEO Satya Nadella says.
Electric vehicle producer Rivian, backed by Amazon and Ford, plans to use battery cells produced by the South Korean manufacturer Samsung in its vehicles.
New bank loans in China increased by more than expected to $416.62B in March from $210B in February, data released by the People's Bank of China show.
The crackdown on Ant Group directed by the Central Bank of China subjects the company to tougher capital requirements and regulatory oversight and requires it to remove links between Alipay and other businesses.
The US President Joe Biden's $2 trillion infrastructure plan includes $50B for semiconductor research and production, the White House reports.