China's ByteDance is planning semiconductors chips development, as China seeks self-reliance by reducing dependence on foreign producers such as Nvidia Corp or Qualcomm Inc.
During Tuesday's European trading hours, crude oil price benchmarks declined. The decline was attributed to rising global stockpiles of oil.
Volkswagen said on Tuesday it is planning cost cuts to raise its profit margins within the coming years, after the carmaker outlined an ambitious EV expansion.
On Tuesday, the Finnish telecoms company Nokia announced its plan to slash up to 10K jobs within the following two years to cut costs and make more investment in research capabilities amid its restructuring plan.
Global investors valued China's Ant Group at more than $200B based on the fintech company's 2020 performance, giving a more sober assessment after its IPO shelving and forced restructuring.
Volkswagen revealed its plans to build six battery cell factories in Europe and expand the EV charging infrastructure globally, as the carmaker seeks to overtake its rival Tesla.
On Monday, Nokia announced that it had partnered with Amazon, Google and Microsoft in the creation of new 5G radio solutions.
Crude oil price benchmarks declined during Monday' trading hours, as a pull-back from previous high levels was taking place.
During Monday's US trading hours, the US Dollar index booked a third session of gains against its peer currencies and other assets.
On Monday, the Dow Jones US market index hit a new all-time high level, as the markets expected news from the Fed during this week.
Home sales and prices in Canada increased in February as the housing market recovers from the COVID-19 pandemic, data published by the Canadian Real Estate Association show.
Brazil expects a 4.6% inflation in 2021, significantly above the previous target of 3.75%, a survey of economists published by the central bank shows.
Canadian housing starts declined 13.5% in February, compared to the previous month, data published by the Canadian Mortgage and Housing Corporation show.
The Swedish battery maker Northvolt won a $14B order from Germany's Volkswagen as the company aims to have 25% of the European market share by 2030, a report shows.
Volkswagen plans to build its own gigafactories in Europe and expand electric vehicle infrastructure globally in an effort to speed up adoption of battery powered vehicles, the company reports.
Roche, the Swiss pharmaceuticals manufacturer, announced a $1.8M cash purchase of GenMark Diagnostics, a statement publsihed by the company shows.
On Monday, Southwest Airlines and JetBlue Airways reported that leisure travel had been increasing together with the start of global coronavirus vaccinations.
During Monday's trading hours, in the aftermath of booking a new all-time high during the weekend, the price for Bitcoin declined below the 55,000 level.
On Monday, the US Dollar entered its second session of gains. However, the currency index was still at March 10 levels.
The retail and factory sector activity in China surged during the 2021's first two months, topping estimates, as the economy is recovering from the coronavirus pandemic.
Volkswagen has announced on Monday about its plans to switch the electric vehicle battery type, leaving the carmaker's supply deals with SK Innovation and LG Energy Solution in doubt.
On Monday, China's search giant Baidu announced its AI chip division Kunlun had recently completed a fundraising round at the valuation of about $2.0B.
On Monday, Deliveroo said it was planning to sell about $1.39B of its new shares in the IPO, in potentially the largest London listing in over seven years.
On Monday, crude oil prices edged higher. Brent crude futures for May surged by 0.3% to $69.45 a barrel by 01:02 GMT, while the US WTI crude for April was at $65.90.