Xiaomi, China's smartphone maker, flagged surging costs caused by the global chip shortage, reporting its Q4 revenue below expectations, while the company's shares fell 9%.
Atlanta's digital banking start-up Greenwood announced on Thursday it had raised $40M from US financial institutions, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, etc.
On Thursday, shares of the EU fashion brands H&M, Inditex and Adidas dropped on the back of strong criticism faced on the Chinese social media over brands' past comments about Xinjiang labour conditions.
On Thursday, Nike and Adidas faced heat on China's social media over their past comments about brands' labour conditions in the autonomous region of Xinjiang, reviving a diplomatic dispute between the West and China.
The United States stated on Thursday the promotion of its semiconductor cooperation with Taiwan is the US key strategic priority.
Arrival Ltd, the UK electric van startup, is planning investments in more "microplants" in 2021 amid the company's expansion of its global production presence.
China proposed global regulations for central bank digital currencies, including sensitive matters such as information sharing and monitoring.
The digital banking startup Greenwood announced that it raised $40M from a multitude of US financial institutions.
At the start of Thursday's US trading hours, the stock price of Freeport McMoran started the day with a 2.43% drop.
Stellantis is considering the closure of its production line at its Italian car plant Melfi, the FIM CISL union's head stated on Thursday amid a potential plan to tackle excess output capacity in Italy.
On Thursday, Cboe Global Markets announced its expansion into Asia by buying the Australian and Japanese share trading platforms to boost its presence in the financial market data's sector.
Brazil's central bank has cut its GDP growth forecast for 2021 from 3.8% to 3.6% due to higher uncertainty over the economic recovery.
During Thursday's European trading hours, crude oil prices declined despite the ongoing block of shipping through the Suez Canal.
On Thursday, Deutsche Telekom together with its Slovak division lost their appeal against the EU antitrust fine after Europe's main court had endorsed the sanctions.
On Thursday, China's tech giant Tencent reported that PUBG Mobile, its phone action game, had surpassed 1.0B accumulated downloads worldwide since the 2018 launch.
Europe needs to invest $355B into the telecoms infrastructure in four years if it seeks to launch 5G across the bloc to bolster economic growth.
The CEO of Verizon Communications, Hans Vestberg, was nominated to join BlackRock Inc's, the world's biggest asset manager stated.
Ingka Group, the owner of IKEA stores, bought a $16M stake in what3words, the technology startup based in London that helps to pinpoint locations.
E-sports and gaming group MTG agreed to buy Ninja Kiwi, the mobile games developer, for around $186M to expand its gaming portfolio, the company announced.
Intel is set to expand its advanced chip production capacity, as it announced plans to spend $20B to build two plants in Arizona and open its facilities to outside customers.
On Wednesday, due to a ship blocking the Suez Canal and shipments to Europe from the Middle East, crude oil prices jumped by 6.00%.
During Wednesday's US trading hours, US stock indices surged, as the US Treasury Secretary Janet Yellen revealed a positive outlook on economic recovery.
By the end of Wednesday's European trading hours, stock indices in Europe remained unchanged due to good data being outweighed by coronavirus lockdowns.
On Wednesday, General Motors has extended its production reductions in North America amid the global semiconductor chip shortage, which impacted the car sector.