Digital banking application Revolut announced that its annual loss doubled to over £200M as administrative costs increased from investment in compliance and risk controls.
Bitcoin dropped almost 10% on Monday, as recent market volatility did not dampen down, while market players cited jitters over China's expanding crackdown over bitcoin mining.
Europe's budget airline Wizz Air is expecting a full recovery from the COVID-19 crisis in 2022 amid rising travel demand after the pandemic, its CEO said on Monday.
Volvo Car Group is planning to partner with Northvolt, the Swedish battery maker, to develop and produce sustainable batteries for the carmaker's electric vehicles.
GameStop has appointed on Monday the CEO Matt Furlong to the company's board, while the ex-Amazon executive will take charge of the video game retailer, as it shifts focus to the e-commerce.
Pershing Square Tontine Holdings, owned by the investor William Ackman, inked a deal to acquire 10% of Vivendi's Universal Music Group for about $4.0B, the firms announced.
American Airlines is planning to cut about 1% of its July flights to serve a rebound in travel demand during the airline's struggles with labour shortage and unprecedented weather.
The relationship between the United Kingdom and the European Union is at a crossroads, the Vice President of the European Commission Maros Sefcovic says.
The World Bank approved a $450M loan to support social and economic reforms in Morocco amid the pandemic, a statement published by the bank shows.
The economy of Mexico will return to pre-pandemic level in the third quarter of this year, the President Andres Manuel Lopez Obrador says.
The China Securities Regulatory Commission approved IPOs of five companies on the ChiNext stock exchange.
It was revealed on Sunday, that Vivendi had bought a ten percent stake in the Universal Music Group.
The government of Chile announced on Sunday that it would draft a new constitution in July 4.
During Sunday's trading, the price for Ethereum still remained above the 2,000.00 USD mark.
On Sunday, South African authorities announced that a recent diamond rush had found only quartz crystals.
On Sunday, the Bank of Canada hinted that it could hike interest rates in 2022.
On Sunday, the President of the European Central Bank Christine Lagarde stated that the central bank had made progress in regards to its policy.
On Sunday, Chevron announced that the company had restarted production despite a storm raging on in the US.
On Sunday, Porsche announced that the company would make new batteries togethers with Customcells.
Chevron Corp stated on Saturday that it was returning workers back to their places in the Gulf of Mexico to continue crude oil extraction.
Porsche AG stated on Saturday that it would create a joint ventrure with Customcells to manufacture batteries for electric vehicles.
The head of Minneapolis Fed, Neel Kashkari, stated on Friday that short-term rate should be kept around zero in coming two years.
Germany's southern state of Bavaria was in talks with Intel to build a chip factory, aiming to counter supply bottlenecks, which hampered production in the automotive sector.
Alphabet's unit Google is likely to face a regulatory threat, with EU regulators set to open an investigation into its digital advertising business before the end of 2021, sources said.