Gucci has joined Alibaba to open flagship stores on its online luxury e-commerce platform, as the fashion label seeks to lure more Chinese customers to reverse its revenue drop amid the coronavirus pandemic.
Unilever is planning to resume its advertising on the US social media platforms, such as Twitter, Facebook and Instagram, following the six-month-long pause amid hate speech and divisiveness during the US election period.
Tesla prepares to formally enter the S&P 500 on Monday, as its shares are up almost 700% during the last year, marking the meteoric rise and turning the company into the most highly-valued carmaker in the world.
Blue Origin is expected to deliver шеы first flight-ready rocket engines already next summer, the United Launch Alliance's CEO stated on Friday.
A malicious software was found in Microsoft's systems, the company reported, linked to the massive hacking campaign that had been disclosed by US officials earlier this week.
Biogen will pay $22M to settle the US probe into allegations over illegal drug charity kickbacks, according to the Reuters report.
Twitter is set to create a label for bot accounts in 2021 that will identify such bots as automated, finalising the company's plans to reboot its verification programme.
China's Huawei is planning an investment worth €200M to build a phone network equipment plant in France that would initially employ as many as 300 people.
Coca-Cola is planning to cut as much as 2,200 job positions around the world, including 1,200 jobs in the United States, amid its business restructuring triggered by the coronavirus-related economic fallout.
The US delivery company FedEx reported its quarterly profit nearly doubled on spiking volume and rate hikes that helped reduce the company's cost of delivering e-commerce purchases during the pandemic.
Verily Life Sciences, Alphabet's life sciences unit, has raised $700M in its round of funding from investors including Temasek, Silver Lake and Alphabet, amid its commercial businesses expansion.
Walmart announced on Thursday it had partnered with TikTok to sell its merchandise during live streams launched by creators and is considering an investment into the Chinese video-sharing app.
On Thursday, Novartis stated it was set to acquire Cadent, the US neuroscience company, for about $770M, gaining full control over the Cadent's portfolio.
Spryker, the German business software maker, raised over $130M in its round of financing led by the US investment company TCV, seeking for expansion in international markets.
Japan's government is planning the record-high budget worth $1.03 trillion for the following fiscal year, bolstered by its COVID-19 response as well as rising military and welfare spending, Reuters reported on Thursday.
Toshiba's largest investor urged to hold an emergency meeting among shareholders to investigate the Japanese company's annual general meeting that took place in July at which some shareholders' voting rights were potentially compromised.
Germany's fintech N26, which had been valued at $3.6B in its fundraising held in May, is seeking more financing round ahead of its initial public offering in 2023.
On Thursday, it was revealed that Texas and nine other US states were suing Google and Facebook for breaking antitrust laws.
GoCardless, the UK digital payments firm, raised $95M in the Bain Capital Ventures-led round of funding, seeking to invest in its open banking strategy.
On Thursday, Nokia has appointed Nishant Batra as its new chief strategy and technology officer as well as the group leadership team's member, effective January 18, 2021.
Boeing has started to hire around 160 new pilots as the company seeks to relaunch its 737 MAX jets, following a 20-month-long safety ban.
Citigroup attempted to persuade the federal judge to force Revlon Inc lenders to return half a billion dollars of its own money, which it mistakenly sent them.
Lyft and Motional, the JV between Aptiv and Hyundai, are set to launch a multi-city robotaxi service in the US in 2023.
Germany is set to make a €1.5M contribution to Thyssenkrupp's planned hydrogen electrolysis factory in Saudi Arabia within a strategy to support hydrogen technology.