According to the Wall Street Journal, Virgin Orbit, satellite-launch company, is considering raising $200M funding that could result in a $1B ultiimate company valuation.
Ignazio Visco, the ECB board member, stated on Sunday that the Bank must clearly define an inflation target and make opinions on this matter available to public.
Egypt's headline inflation of 3.7% potentially triggered consultations with the IMF under the agreement that could lead to lower interest rates.
Brazilian telecom Oi announced a buyout program that is expected to result in up to 2K workers, or 15% of its workforce, leaving the firm.
The US utility Duke Energy announced plans of $2B spending increase this decade, as the company ramps up efforts to cut greenhouse gas emissions.
Suzuki Motor is set to launch the device for outboard engines to collect microplastics next year, with marine plastic pollution getting a growing environmental issue.
Tim Hortons announced plans for expansion in Britain, which would create 2K jobs in the country, hoping to capitalise on higher demand for drive-through dining.
The US construction and engineering company AECOM is set to lead an $8B project to add two reactors at Romanian nuclear power plant and refurbish one of the existing units.
A Mexican auto plant owned by Audi remained open and did not close after a dispute on unpaid bills that the company denies, an official with the firm told Reuters.
The House Speaker Nancy Pelosi called on Saturday the $1.8T economic stimulus proposal made by the Trump administration "one step forward, two steps back".
Calin Rovinescu, the CEO of Air Canada, stated on Saturday that because of the coronavirus pandemic the value of the Transat buyout deal dropped to C$188.7M from of the previously estimated C$720 million.
According to the US Department of Interior, an absolute majority of the Gulf of Mexico oil producers have stopped all works because of the Delta hurricane.
Boston Red Sox owner was in talks with RedBall to take his sports holding firm Fenway Sports Group public, sources familiar with the matter said.
The UK energy regulator Ofgem appointed gas and electricity firm Scottish Power to take over supplying defunct firm Tonik Energy's 130K domestic customers.
Italy approved the setting up of a new firm to house the assets of troubled airline Alitalia, as the government moved forward with a plan to nationalise the company.
Argentina's economy is expected to contract 11.8% this year, compared with a prior estimate of 12.1% fall, the Central Bank survey revealed.
Italy's Enel is set to be the first of Europe's utilities to launch its new digital banking services, which will allow customers to open an account to pay energy bills.
Italy's Enel announced on Saturday the launch of its new digital banking services enabling customers to open accounts for paying utilities bills, the first in Europe to do so.
According to the Xinhua News Agency, the Chinese government is planning to invest nearly $900B in next five years to build and upgrade the country's power grids.
The head of the Works Council at Daimler, Michael Brecht, stated on Saturday that the EU lawmakers must lobby development of infrastructure for electric car charging as strongly as possible to reduce harmful emissions.
Swiss watch brand Frederique Constant, owned by Japan's Citizen Watch, was hoping to limit the decline in sales to 25% in 2020, as September business almost recovered.
The UK Infinite Power signed an agreement with Marubeni's Nuclear Fuel Department of Japan to find potential markets to use the company's power cell technology.
Twilio, the cloud communications software provider, is set to buy customer data infrastructure firm Segment for $3.2B, Forbes reported.
Amazon.com invested $95.51M in payments unit in India to encourage payments via Amazon Pay before festive season sales, data from Tofler revealed.