Lucid Motors' CEO Peter Rawlinson announced that his luxury electric carmaker would launch a rival to Tesla's Model 3 vehicle in 2024-2025.
Hyundai Motor is planning to replace its battery systems in as many as 82K electric vehicles around the world amid fire risks.
According to the Federal Deposit Insurance Corporation, US bank earnings declined by 36.5% last year, a sharp drop from record 2019 profits.
According to a leaked document from the Ministry of Transportation, the Indonesian Foreign Minister Retno Marsudi plans to travel to Myanmar on Thursday.
On Tuesday, UK's Finance Minister John Glen said that the plans to change the Solvency II insurance capital rules are not part of the gratuitous deregulatory agenda.
On Tuesday, the New York Attorney General Letitia James stated that the owners of Bitfinex trading and the Tether digital currency would pay an $18.5M fine to settle NYAC cryptocurrency cover-up charges.
On Tuesday, Macy's Incorporated announced that it expects its sales to grow in 2021 due to the company's growing online business.
During Tuesday's US trading, crude oil prices continued to rise, as economic activity was expected to pick up and Texas supply remained limited.
On Tuesday, the CEO of Microstrategy stated that Bitcoin is most likely to overtake gold in market cap, as it would take over gold's role as a savings tool.
The Chairman of the Federal Reserve Jerome Powell stated on Tuesday that the US economic recovery is far from complete and the Fed would continue its stimulus policies.
During early Tuesday's US trading hours, major tech stocks experienced a sell off, which was attributed to the recent decline in Bitcoin price.
On Tuesday, the price of Bitcoin continued to decline, as by 16:00 GMT the price had reached the $44,800.00 level.
At the start of Tuesday's US trading hours, the stock price of Tesla dropped 7.00%, as it reached the December 30 level.
On Tuesday, Thomson Reuters reported its Q4 revenue and adjusted earnings rose above estimates, adding it would begin a two-year programme to change the firm to an operating company from the holding company.
On Tuesday, Macy's said it is expecting its 2021 sales to top Wall Street's forecasts, hoping for the vaccine rollouts, which would allow customers to come back to the department stores.
On Tuesday, Bharti Airtel stated it would partner with the US chipmaker Qualcomm over the 5G services launch in India.
On Tuesday, Facebook announced that the company would restore Australian pages, as it had made a deal with the Australian government.
Huawei Technologies is expecting slight growth of its revenue and profit in 2020, meeting the company's expectations, despite US sanctions against China's telecom equipment maker.
On Tuesday, South Korea's Hyundai Motor has launched the Ioniq 5 midsize electric crossover, its first electric vehicle, seeking the global demand for its green cars would jump by 2025.
Lucid Motors, the luxury electric carmaker, is planning to go public via a merger SPAC deal with Churchill Capital IV, taking the value of the combined firm to $24B.
The US government announced on Monday that it had finalized a $3.2 billion low-income internet subsidy law.
On Monday, the US House Budget Panel approved the $1.9 billion coronavirus stimulus bill.
Gertjan Vlieghe stated on Monday that he does not expect interest rates to return to pre-2008 level during his lifetime.
On Monday, the share price for Petrobaras plummeted by 21%, as the President of Brazil Jair Bolsonaro replaced the state-owned company's CEO with an army general.