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.
Visa told Reuters that it launched the pilot program with Crypto.com, which allows using the USD Coin (USDC) to settle transactions on the network.
Spain's budget deficit increased to an 11-year high last year after social spending increased, while tax revenue declined because of restrictions to curb the coronavirus spread.
China Evergrande Group announced that it is set to sell 10% of online automobile and real estate marketplace Fangchebao to 17 investors for around $2.10B, in fundraising ahead of the unit's IPO.
Royal Dutch Shell proposed linking its directors' pay to the group's climate performance and severing the link between bonuses and LNG production volumes.
The UK online vehicle seller Cazoo agreed to go public on the NYSE via acquisition with AJAX, the blank-check company led by the US investor Dan Och.
China's EV maker BYD, which is backed by Warren Buffett, reported a 162% rise in net profit to $643.75M in 2020, as it became the main mask maker in the coronavirus pandemic.
On Monday, Visa Inc announced it would allow the cryptocurrency USD Coin's use for transactions settlement on Visa's payment network, marking digital currencies' growing acceptance by the financial industry.
On Monday, the British competition watchdog stated it had cleared a takeover deal of the UK tech company Autocab planned by Uber, following the probe's findings that the takeover would not hurt competition.
Italy is planning to cut its virus-hurt economy to 4.1% in the current year and raise the 2022 GDP to 4.3%, according to the official data published on Monday.
Hyundai Motor is planning a temporary suspension of its production at the South Korean plant amid chip shortage expected between Apr. 5 and Apr. 13, according to Korea Economic Daily's report.
Despite the ongoing blockage of the Suez Canal and significant losses announced by Nomura and Credit Suisse, stock indices remained flat during Monday's European trading hours.
On Monday, China's Didi Chuxing announced it would roll out its ride-hailing service in South Africa's Cape Town.
The Chinese group Tencent Music Entertainment announced it is planning its biggest ever $1B share buyback, following the US securities regulator's adoption of stricter measures for the US-listed foreign companies.
The German trade union Verdi called for a four-day strike at six Amazon sites before the Easter, seeking to force the US e-commerce company to recognise collective bargaining deals.
On Monday, China Evergrande Group stated it would sell 10% of Fangchebao (FCB), the online automobile and real estate marketplace, to 17 investors in a fundraising deal worth $2.10B ahead of its planned IPO.
Portugal's government deficit rose to 5.7% of its GDP in 2020 as the economic activity deteriorated amid COVID-19 lockdowns, a report published by the Statistics Portugal shows.
US consumer spending and personal income fell in February as the government's stimulus payments fade and closures continue, the Commerce Department reports.
Business sentiment in Italy improved slightly in March, while consumer confidence deteriorated, data published by the National Statistics Institute show.
The economy of Spain contracted 10.8% in 2020, the worst year since 1970, a report published by the Spanish Statistical Office shows.