American Express reported its entertainment and travel-related card spending had halved in the Q1 due to the coronavirus restrictions, eclipsing its better-than-anticipated profit and sending its shares down 2%.
Grupo Aeromexico is set to acquire 28 of B737-9 and 737-8 MAX jets and four 787-9 Dreamliner planes from Boeing, in a deal deemed to bring an anticipated $2.0B in savings.
Porsche AG stated on Saturday that it would build a cell plant for electric vehicles in Northern Germany.
On Saturday, German prosecutor has charged 15 Volkswagen managers over recent emissions scandal.
Brazilian online bank Nubank stated on Friday that it had started preparations for listing of the US stock exchange.
Apple Inc stated on late Friday that it would initiate a program intended to help its employees to get a vaccine at their work places.
On Friday, prices of the most popular cryptocurrencies in the world tumbled amid Joe Biden's plan to increase taxes on capital gains.
On Saturday, it was revealed by the government of South Korea that it would buy additional 40 million Pfizer vaccines.
On Friday, American Express announced that its quarterly profit beat expectations as it released over $1B worth of funds from its loan-loss reserves.
Jidu Auto, the EV venture between the Chinese tech giant Baidu and China's automaker Geely, plans to invest $7.7B into making smart cars during the next five years, Jidu's CEO stated on Friday.
On Friday, Panasonic Corp announced that it would acquire the US supply-chain software firm Blue Yonder for $7.1 billion.
On Friday, Honeywell International increased its full-year outlook for 2021 sales and profit, as it reported better-than-expected Q1 profits.
On Friday, Mercedes-Benz car producer Daimler AG increased its forecast for 2021, as the company's sales rose by 60% in China in the first quarter.
Global equities remained stable on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan rose by 0.65%, Wall Street's main indexes fell nearly by 1%, while the European stocks dipped 0.2%.
Citigroup has named Tasnim Ghiawadwala as its Commercial Bank's new head on Friday, an internal memo showed.
On Friday, Panasonic Corp reported it would acquire Blue Yonder, the US supply-chain software firm, in its largest acquisition deal in a decade worth $7.1B.
Honeywell International has raised on Friday its full-year profit and sales outlook on the better-than-anticipated quarterly profit results, driven by strong demand for the firm's warehouse automation equipment.
On Friday, United Airlines announced it will add over 480 flights to the US schedule starting June, as it aims to meet the expected travel demand during summer as more people get COVID-19 vaccines.
On Friday, China's ByteDance stated it had no immediate plans to launch an IPO, following its recent appointment of the ex-Xiaomi executive official Shou Zi Chew as the company's new chief financial officer.
On Friday, the Nasdaq and the S&P 500 indexes opened higher, while the Dow has been weighed by the shares drop of Honeywell and American Express, according to Reuters.
On Friday, the rocket company SpaceX has launched four astronauts on the NASA mission to the International Space Station, Reuters reported.
China's Baidu and Geely electric car joint venture Jidu Auto is planning further investment of $7.7B into manufacturing smart vehicles during the following five years, its CEO said on Friday.
American Express reported on Friday its quarterly profit beat forecasts on releasing over $1.0B worth of funds, which the company had set aside for potential COVID-19 loan losses.
During Friday's trading hours, the price for Bitcoin declined, as US President Joe Biden revealed that cryptocurrencies could be taxed.