SoftBank-backed robotics company Berkshire Grey announced that it agreed to go public with a $2.7B valuation via a merger with the blank-check firm.
The Chairman of the US Federal Reserve Jerome Powell stated on Wednesday that it could take up to three years to reach the target inflation of the Fed.
On Wednesday, the Indian government revealed new plans for controlling social media. Namely, social media platforms would be obliged to assist the authorities and erase content.
The Governor of the Board of the Federal Reserve Lael Brainard stated on Wednesday that the Fed was still far from its inflation and employment goals.
On Wednesday, the major backer of Bitcoin Microstrategy revealed that it had acquired addition $1.03 billion of Bitcoin during the most recent dip of the cryptocurrency.
Data published by the US government on Wednesday revealed that home sales in the US grew more than expected. However, the announcement did not impact the value of the USD.
During Wednesday's trading hours, the prices for oil continued to surge, as supply from the US continued to be limited.
The electric air taxi company Joby Aviation is planning to go public via the $6.6B reverse merger deal with the blank check firm Reinvent Technology Partners, both companies announced on Wednesday.
Apple's supplier Foxconn will team up with the electric carmaker Fisker to manufacture over 250K vehicles per year starting from late 2023, sending Fisker's shares up 23.4% on the news on Wednesday.
On Wednesday, Goldman Sachs-backed firm ReNew Power is planning a public listing via a merger deal with the SPAC RMG Acquisition Corporation II that would value India's biggest renewable energy company at $8B.
On Wednesday, the Italian insurer Generali stated that it would launch a 3.5 billion Euro investment plan that would boost the European economy.
Ant group's investor Boyu Capital is planning to raise a new private equity fund focused on China and targeting $6B, Reuters reported on Wednesday.
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.