On Wednesday, General Motors has extended its production reductions in North America amid the global semiconductor chip shortage, which impacted the car sector.
On Wednesday, China's smartphone maker Xiaomi posted a 36.7% surge in its Q4 net profit, as its competitor Huawei had to retreat from the international market amid US-led sanctions.
On Wednesday, shares of GameStop tumbled over 14% before the bell, following the videogame retailer's statement that it was considering whether to raise the price of the planned $100M share sale.
Didi Chuxing, the Chinese top ride-hailing company, considers choosing New York instead of Hong Kong for the planned initial public offering, expecting a valuation of no less than $100B via the float.
ByteDance hired Shou Zi Chew, the Xiaomi executive, as its CEO in a step towards an initial public offering of the TikTok owner's businesses.
On Wednesday, Volkswagen's Czech automaker Skoda Auto announced an investment worth around €2.5B during the upcoming five years in electric vehicles and other future technologies.
On Wednesday, the cryptocurrency company Blockchain.com stated it had raised $300M in its latest round of funding at the $5.2B valuation.
During Wednesday's European trading hours, the US Dollar Index reached the 92.60 level and booked a new 2021 high level.
Elon Musk announced on Wednesday that Tesla's customers can now buy the company's electric vehicles using bitcoin, with the option to become available outside the US later this year.
On Wednesday, Tencent Holdings, China's social media and gaming company, reported its quarterly profit surged as much as 175% to $9.09B, beating analysts' forecasts.
On Wednesday, Toyota Motor and Isuzu Motors have revived their alliance with capital tie-up to boost the competitive edge in commercial, connected vehicles.
Italy's RCS Mediagroup has signed an agreement with Google to share access to some of RCS dailies on Google's Showcase news platform, according to Corriere della Sera newspaper's report seen on Wednesday.
Crude oil prices soared on Wednesday. Brent crude futures surged by 0.40% to $61.06 per barrel at 01:08 GMT, while the US WTI crude futures climbed by 0.30% to $57.95 a barrel.
On Wednesday, Asian equity markets hit a two-week low. MSCI's broadest index of Asia-Pacific shares outside Japan slipped by 1%, Japan's Nikkei was off 1.8%, while South Korea's KOSPI declined by 0.5%.
According to sources with knowledge of the matter, AvidXchange Inc has retained investment banks to lead preparations for IPO.
According to the National Association of Stock Market Participants lobby group, Russia is set to attract retail investors in record numbers in 2021.
Compass, the SoftBank Group-backed real estate brokerage company, is targeting a $10.0B valuation in its US initial public offering, it said on Tuesday.
IAG has secured a $1.76B credit facility from several banks to boost the finances of its COVID-19-hit airlines British Airways, Iberia and Aer Lingus.
On Tuesday, France's Renault stated it would start five new hybrid SUVs' manufacturing in the company's "second home" Spain as soon as 2022-2024, seeking to bolster its position in the Spanish market.
Global crude steel output surged as much as 4.1% to 150.2M tonnes year-on-year in February, according to the data published by the World Steel Association on Tuesday.
Gernot Doellner, Porsche AG's executive, will become the new strategy chief of Volkswagen AG from May 1, VW's Chief Executive Officer Herbert Diess announced on Tuesday.
The US Fed Chair Jerome Powell and the Treasury Secretary Janet Yellen will testify before the House of Representatives Financial Committee on Tuesday to update lawmakers on the US economic recovery.
On Tuesday, Lockheed Martin announced it had partnered with Omnispace, the communications provider, over the space-based 5G network development for both government and commercial use.
The low-cost carrier Frontier Group seeks a $4.52B valuation in its US IPO, as the industry is getting ready for a potential rebound from the pandemic-caused travel lows.