Citigroup slashed its CEO Mike Corbat's 2020 compensation by 21% to $19M, compared to the previous year, a regulatory filing shows.
Alphabet's Google agreed to pay $76M in three years to French news publishers to finish a more than one-year-long copyright spat, a deal one publishers' lobby deemed unfair.
The US networking giant Cisco Systems announced its collaboration with Japan through its CDA Program to drive digitization across Japan.
Big tech firms including Microsoft, Alphabet and Qualcomm complained to the US antitrust regulators on Nvidia's agreement to acquire Arm, Bloomberg News reported.
Mobile banking platform MoneyLion agreed to go public via a blank-check merger with Fusion Acquisition, in a deal valuing the combined firm at $2.9B.
Ford Motor's CEO Jim Farley publicly called on South Korea's EV battery developers SK Innovation and LG Chem to settle the allegation between two makers over SK stealing trade secrets.
PayPal Holdings is unlikely to invest in cryptocurrencies, including bitcoin, the company's CFO John Rainey stated on Thursday.
Siemens' mobility signalling unit Intelligent Traffic Systems will be renamed to Yunex Traffic as part of the company's carve-out plans ahead of a possible sale.
On Friday, the world's largest cosmetics group L'Oreal is anticipating a robust rebound in its cosmetics sales after the COVID-19 pandemic slows down, as people will start going out again.
KBA, the German motor vehicle authority, stated on Friday that Tesla must recall about 12,300 Model X vehicles worldwide amid faulty car body mouldings.
On Friday, the US Dollar was expected to end the week's trading by booking a decline. The previous week, the USD ended the week with record gains.
During early Friday's trading, the price for Bitcoin reached above the 49,000.00 level, as the Tesla caused surge continued.
During Friday's European trading hours, stock indices declined, as a retracement from historical high levels was taking place.
On Friday, the US House committee approved the proposal to subsidize airlines with additional $14 billion.
On Thursday, the Anglo-Dutch company Royal Dutch Shell outlined plans to curb net carbon emissions to zero by 2050.
On Thursday, the Speaker of the US House of Representatives Nancy Pelosi stated that she expected the Congress to finish legislation on COVID-19 relief package by the end of February.
Shares of Kraft Heinz edged higher by 6% on Thursday after the company announced that it plans to sell its Corn Nuts and Planters brands to Hormel Foods for $3.35B.
On Thursday, the Irish Prime Minister Micheal Martin called on the United Kingdom and the European Union to calm down, as tensions escalate over post-Brexit problems in Northern Ireland.
The Malaysian economy contracted 5.6% in 2020, the biggest decrease since 1998, a statement published by the Malaysian Central Bank shows.
PepsiCo expects organic revenue growth in 2021 as economies reopen and consumers return to pre-pandemic lifestyles, a statement published by the company shows.
Germany's Commerzbank announced a $3.3B loss in the fourth quarter of the previous year as the bank continues a major restructuring and deals with the effect of the COVID-19 pandemic.
The euro zone economy is expected to rebound less than previously expected amid a second wave of the COVID-19 pandemic, data published by the European Commission show.
The Geneva based asset management arm of the Pictet Group expects S&P 500 to increase 10% from its current levels, a statement published by the company shows.
The US House Transportation and Infrastructure Committee approved a $42B assistance for the transportation sector and its employees as a part of global $1.9T COVID-19 relief plan.