Volkswagen is planning to shut down two of its coal-fired power stations located at the main plant in Germany's Wolfsburg, with the intention to cut down its carbon dioxide emissions, the CEO Herbert Diess stated on Friday.
On Friday, Nissan Motor shares plunged to their lowest level in ten-and-a-half years, falling about 10% after the Japanese carmaker trimmed its annual profit outlook and claimed it would not make a dividend payment in the second half.
MyTheresa, the online lux-fashion retailer, has plans for listing on the NY Stocke Exchange and could take place as soon as April 2020, Reuters reported.
Mattel topped estimates for its quarterly profit results, benefited from a strong cost-cutting programme, despite the company's Q4 North American sales of the flagship Barbie brand were hit by Hasbro's "Frozen" dolls.
Tesla is planning to attract $2.0B by a share sale, tapping into extraordinary jump in the carmaker's share price during the past few months, as well as reversing its policy of avoiding new stock sales.
Roku is expecting its annual revenue to be in the $1.58B-$1.62B range, topping Wall Street forecasts, driven by the new streaming services launches, sending the company's shares up 10%.
Nvidia Corp forecast Q1 revenue that beat analysts' expectations, driven by its chips sales to cloud computing vendors, despite projecting a $100M hit from the outbreak of coronavirus in China.
EBay Inc raised its 2020 plan of a share buyback by adding $3.0B more and forecast strong Q1 profit after selling its StubHub ticketing division.
Tesla is planning to receive approval from China's regulators to start building a new Chinese Model 3 longer range, according to Reuters.
Apple is set to reopen some of its Beijing stores from February 14 with short opening hours, the tech giant announced on its website, after they were shut due to the coronavirus outbreak.
On Thursday, the Argentine bond prices fell to an average 2% after the country's Economy Minister Martin Guzman told Congress that debt load was unsustainable and restructuring was on the process.
Sajid Javid, the UK Finance Minister, announced on Thursday that he had resigned from his position due to Prime Minister Boris Johnson's demands to fire his political advisers.
On Thursday, the US Dollar surged to more than two-year highs against the Euro, and the global stock markets edged lower, as concerns about the coronavirus unnerved investors and traders.
Tesla is planning to receive approval from China's regulators to start building a new Chinese Model 3 longer range, Reuters reported on Thursday.
On Thursday, Alibaba Group Holding beat analysts' expectations for its quarterly results, boosted by its record-high sales during the company's annual shopping blitz called "Singles' Day", as well as rising demand for the cloud computing business.
Apple is set to reopen some of its Beijing stores from February 14 with short opening hours, the tech giant announced on its website, after they were shut due to the coronavirus outbreak.
UK's financial watchdog has launched an inquiry into historical ties between Barclays CEO Jes Staley and Jeffrey Epstein, the US financier, who had killed himself before the sex trafficking charges trial, the bank stated on Thursday.
The number of filings for US unemployment benefits rose 2K to a seasonally adjusted 205K in the week ended February 8, missing analysts' estimates, according to the Labor Department report seen on Thursday.
Domino's Pizza Group, the UK's largest pizza delivery company, is planning a sale of its entire 71% stake in the Norwegian business to the existing minority shareholders.
On Thursday, Nissan Motor Co slashed its annual operating profit outlook by 43%, hit by a drop in car sales and a scandal involving Carlos Ghosn.
On Thursday, Alphabet's Google announced it had completed its $2.6B buyout of Looker Data Sciences, the privately-held big-data analytics company, after receiving approval from UK's competition watchdog.
Cisco Systems' revenue grew 9% to $748M in the Q2, slightly above estimates, as growth in the company's cyber-security unit offset weakness in routers and switches business.
The Mobile World Congress, the annual telecoms industry meeting, which lures over 100K visitors to Barcelona, was called off this Wednesday, following a mass exodus by MWC's exhibitors over the coronavirus fears.
On Thursday, Credit Suisse reported a 69% surge in its annual net profit, the best reading since 2010, in a swan song for the outgoing CEO Tidjane Thiam.