Japan's Sony has lifted its full-year profit forecast by one-third due to robust demand for its entertainment products and content, driven by the coronavirus-related global lockdowns.
Ant Group is planning a restructuring after reaching an agreement on the plan with China's regulators, in a move that will turn the fintech giant into the financial holding group, according to Bloomberg News.
During Tuesday's US trading, as Amazon announced earnings, the stock price of the company broke past a three month high level, which kept the price down since the start of November.
On Wednesday, Mazda announced that it would decrease its vehicle output by 34,000 in February and March.
On Wednesday, Tencent Holdings blacklisted 37 companies from its future contracts and fired over 100 employees over bribery and embezzlement incidents.
China's Lenovo Group posted record revenue and profit in its Q3 on Wednesday, driven by strong demand for its devices during the coronavirus-related lockdown that prompted people to work remotely.
On Tuesday, shares of GameStop edged lower, as buying spree led by retailer investors diminished.
According to the US Federal Trade Commission, Amazon.com has agreed to pay over $61.7M in settlement to Amazon Flex drivers.
On Tuesday, Wall Street's main indexes edged higher. Shares of Amazon.com rose by 1.6%, while the NYSE FANG+TM index climbed by 1%.
On Tuesday, the US Dollar surged to a two-month high against the common European currency. The dollar index grew by 0.27% despite further gains for global equities.
Consumer prices in South Korea increased 0.6% in January, compared to the same period the previous year, data published by the Statistics Korea show.
Kraft Heinz is in discussion to sell Planters snack business to Hormel Foods Corp for around $3B, a report published by the Wall Street Journal shows.
The Philippine Airlines plans to cut 2,300 employees in spring amid the ongoing pandemic, a statement published by the company shows.
UK house prices declined for the first time in seven months in January, data published by the Nationwide Building Society show.
The German development bank KfW increased its promotional business to $162.9B in 2020 to help mitigate economic effects of the COVID-19 pandemic.
Pfizer plans to generate $15B in revenue from sales of its COVID-19 vaccine developed together with the German partner BioNTech.
On Tuesday, Panasonic stated it forecast profitability of its battery supplier to Tesla this fiscal year, adding it had raised the full-year operating profit outlook by over half.
On Tuesday, Pfizer forecasts its sales at about $15B from the COVID-19 vaccine that the US pharmaceutical corporation is developing along with Germany's BioNTech.
On Tuesday, Tesla said it had agreed to recall as many as 134,951 Model X and Model S cars in the United States due to potential failure of touchscreen displays.
On Tuesday, Alibaba Group Holding topped Wall Street's forecasts for its Q3 revenue, driven by online shopping switch that helped the Chinese giant's e-commerce business to benefit.
Ford Motor will team up with Alphabet's Google over a new cloud-based consumer services development and internal operations modernisation, both companies confirmed earlier this week.
Alphabet's Google is set to shut down the internal Stadia game development, a move that makes the cloud-based service for game streaming entirely dependent on other publishers and game developers' titles.
BP's profit tumbled to $115M in the Q4, missing analysts' estimates, plummeted by weaker energy demand amid the COVID-19 pandemic as well as weak trading results.
On Tuesday, Panasonic, Japan's consumer electronics maker, reported a Q3 operating profit of $1.24B, topping analysts estimates, driven by rebounded sales.