On Friday, the US President Joe Biden stated that the US Congress needs to take action immediately on the $1.9 trillion coronavirus relief package proposal.
As reported by the US Commerce Department on Friday, US consumer spending tumbled by 0.2% last month.
According to a top official, the US President Joe Biden has picked Robert Malley, a veteran Middle East official, as special envoy for Iran.
The Eurozone economy showed resilience in the fourth quarter. Germany's economy surged by 0.1% in Q4, Spain achieved modest quarterly growth of 0.4%, while the French economy contracted by 1.3%.
On Friday, the California-based commission-free stock trading app Robinhood announced that it had raised over $1 billion of new funding from existing investors.
Shares of GameStop and other companies edged higher on Friday after commission-free stock trading app Robinhood eased some trading restrictions.
The Biden administration will leave the retail stock surge to financial market regulators at the US Securities and Exchange Commission, the White House spokeswoman Jen Psaki said on Friday.
France's GDP declined 8.3% in 2020, as the COVID-19 epidemic took a toll on economic activities, the INSEE stated on Friday.
Revenues of SAP decreased 1% year-over-year to €27.34B in the past fiscal year, the German software giant stated.
Three BlackBerry executives, including the CFO, sold $1.7M of the company's stock this month, as the share price peaked, filings with securities regulators revealed.
On Friday, SoftBank Group's CEO Masayoshi Son stated he was expecting mass production of driverless cars to in about two years, adding he would continue to invest in AI tech giants.
On Friday, Toyota Motor revealed its research unit Woven Planet will deliver the world's safest drive amid rising competition for the connected and self-driving car development.
On Friday, UK competition regulator stated it had launched a probe into Uber's acquisition of the British tech company Autocab that was deemed to substantially cut competition in the market.
On Friday, Johnson & Johnson announced the company's COVID-19 vaccine was nearly 66% effective in the large global trial.
US consumer spending plunged for the second consecutive month in December due to resumed business restrictions to curb the coronavirus spread and expiration of the benefits for unemployed American citizens.
Morgan Stanley's E-Trade platform was hit by an outage late on Thursday, joining several trading websites, including Robinhood, which were experiencing technical issues after the GameStop-linked stock market frenzy.
China's smartphone shipments dropped as much as 4% in the Q4, as deliveries at Huawei Technologies tumbled amid US sanctions imposed against the Chinese company's component and chip suppliers.
On Friday, the price for Bitcoin surged almost 14%, as the CEO of Tesla Elon Musk tagged it in his online Twitter biography.
Roblox Corp has delayed its plans for a public listing due to the US SEC scrutiny over how the company recognises its finances revenue, Reuters reported on Thursday.
On Friday, London Stock Exchange announced it had finalised its $27B deal to acquire data provider Refinitiv.
On Friday, the Chinese group Zhejiang Geely Holding stated it entered talks with Foxconn on providing contract manufacturing services to Faraday Future, the electric vehicle maker.
Walmart is planning to expand the advertising business at US stores in a big push to challenge its rival Amazon.com, the world's biggest retailer said.
General Motors has set a target to sell its new vehicles, light pickup trucks and SUVs with zero emissions by 2035, making a dramatic announcement for the US biggest automaker to shift away from diesel and gasoline engines.
Daimler reported that solid Q4 results helped the carmaker post 2020 operating profit above expectations and make an optimistic forecast for 2021.