Lloyd's of London reported a £900M ($1.24B) pre-tax loss for the last year, caused by the coronavirus pandemic, compared with its £2.5B profit in 2019.
PayPal Holdings will start allowing its US customers to purchase items with cryptocurrencies, PayPal's President and CEO Dan Schulman told Reuters on Tuesday.
Volkswagen will rebrand its US unit as Voltswagen of America, the President and CEO of Voltswagen of America Scott Keogh said in a statement on Tuesday.
On Tuesday, the International Monetary Fund announced that Italy's economy could expand by approximately 4.25% in 2021.
According to two sources with knowledge of the matter, the Indian authorities have frozen ByteDance India's bank accounts for alleged evasion of certain taxes.
The fourth-largest carmaker Stellantis is set to build Opel Astra's electric version and the hybrid Peugeot 308 car in addition to the company's electrified range planned for 2021.
Epic Games, the fortnite maker, filed a complaint against Apple Inc with the UK competition watchdog over the investigation into Apple's anti-competitive behaviour.
On Tuesday, Toyota's luxury auto brand Lexus revealed its plans to introduce as many as 20 improved or new models by 2025, with over ten vehicles to be electric.
Xiaomi Corp, the Chinese smartphone maker, has announced on Tuesday its new smart electric car business with the plan to invest $10B in its subsidiary over ten years.
On Tuesday, Tesla's CEO Elon Musk said that the battery cell supply restrictions are affecting the production of its electric commercial truck Tesla Semi, sending the carmaker's shares down almost 2%.
Google Maps will begin directing drivers to "eco-friendly" routes, which are expected to generate fewer carbon emissions depending on slopes, traffic and other factors, Google said on Tuesday.
Microsoft Corp is targeting 50K new employees with technology skills amid LinkedIn's broader push to help people affected by the COVID-19 pandemic change fields.
On Tuesday, Spotify announced it had acquired Betty Labs, the maker of Locker Room, the social audio app, to expand its presence into live audio.
On Tuesday, PayPal Holdings has launched its crypto checkout service, allowing US consumers to pay at online international merchants with their cryptocurrency holdings.
Deliveroo, the food delivery service, is planning a $10.5B initial public offering, marking the valuation less than initially planned, according to official data.
On Tuesday, the CEO of Xiaomi Lei Jun stated that the company would form a new electric vehicle business with a ten-year investment of $10 billion.
SoftBank Group is exploring an option to launch Coupang services in Japan, after South Korea's e-commerce firm has raised $4.6B in the 2021 largest US IPO earlier that month.
On Tuesday, SK Innovation Co stated it was exploring various options, including the battery business exit from the United State, in case the President Joe Biden did not overturn a decision made by the trade panel against the firm by April 11.
AirAsia Group's shares dropped 6.2% on Tuesday's morning, as analysts had lowered earnings outlook after Malaysia's budget carrier reported the record quarterly loss.
On Tuesday, the contract electronic manufacturer Foxconn reported its Q4 profit dropped 4% to $1.61B, missing analysts' expectations, despite robust iPhone 12 sales as well as pandemic-fuelled demand for its telecommuting devices.
On Monday, US banking regulators revealed that they would investigate the use of artificial intelligence in financial firms.
On Monday, the US Dollar index surged, as it reached above the previous 2021 high level and approached the 93.00 mark.
During Monday's US trading hours, global stock indices remained flat, as gains were offset by a default of a large hedge fund.
Egyptian authorities announced on Monday that the blockage of the Suez Canal had been resolved and almost 400 ships that were in waiting could now pass.