According to data from analytics company Ortex, investors and traders shorting AMC Entertainment shares lost around $512M on Monday.
On Tuesday, Wall Street's main indexes edged higher. At 9:46 a.m. ET, the Dow Jones Industrial Average was down by 6.35 points or 0.22%, while the S&P 500 edged lower by 2.51 points or 0.06%.
Samsung Electronics will enter the European telecoms gear market with the 5G network equipment supply to Britain's Vodafone.
Geely's premium electric car brand Zeekr has sold out of its deliverable cars this year, the carmaker's CEO An Conghui stated on Tuesday.
On Tuesday, Ford Motor has begun producing and shipping its new Bronco SUVs from the carmaker's assembly plant based in Michigan, following a rollout delay amid the COVID-19-related issues.
On Tuesday, Australia and Britain have announced a free trade deal that will eliminate red tape and tariffs, signalling "a new dawn" in relations between the two countries.
Boohoo, the UK online fashion retailer, posted a 32% surge in its quarterly sales, benefiting from growing demand amid easing lockdown restrictions.
Quarterly sales at the world's second-largest fashion retailer H&M surged from the previous year after easing the pandemic restrictions, although its revenue remained below the company's 2019 levels.
On Tuesday, the state-owned Emirates airline reported it had received £3.1B from the Dubai government as support to get through the COVID-19 crisis after the carrier's holding company tumbled to the first full-year loss in more than three decades.
Indian antitrust regulator seeks to accelerate the resumed probe into anti-competitive behaviour allegations of Amazon.com and Flipkart de to intensifying scrutiny of tech giants.
During Tuesday's Asian trading session, stock indices in Asia remained almost flat, as various stocks showed mixed results.
The employee number on the UK firm payrolls skyrocketed to their record high in May, following the coronavirus restrictions easing as well as resumed indoor service at restaurants and pubs.
On Tuesday, Asian shares were mixed, while the US dollar was holding near its multi-week high levels ahead of the Federal Reserve policy meeting, an event much awaited by investors who are looking for hints of potential changes in the US monetary policy forecast.
General Motors and Hyundai Motor are eager to develop flying vehicles, expressing their optimism over launching an air-taxi service as early as 2025.
Jaguar Land Rover is set to start testing its hydrogen fuel-cell prototype vehicle based on the Land Rover Defender model as soon as this year, as the carmaker seeks expansion of its zero-emission auto options.
During early Tuesday's trading hours, stock indices around the world declined, as market participants closed their positions in the expectations of upcoming Fed volatility.
The governments of the United States and the EU revealed on Monday that they are near a combined jet subsidy pact.
On Monday, JPMorgan CEO Jamie Dimon stated that the bank would stockpile cash in the expectations of a rise in interest rates.
On Monday, the government of the United Kingdom announced that it would delay the country's post-coronavirus reopening by a month.
During Monday's trading hours, crude oil price benchmarks reached above their 2-year high, as global demand continued to increase.
On Monday, the S&P 500 declined from the recently reached all-time-high level, as the market focus moved to the upcoming Fed Statement.
Britain's GlaxoSmithKline is set to pay $2.0B to iTeos Therapeutics for the development and further sale of potential cancer treatment in a tie-up, both the companies announced on Monday.
On Monday, Lordstown Motors announced its CEO Steve Burns and CFO Julio Rodriguez had stepped down from their roles, following the electric truck manufacturer's statement that it might not survive over the upcoming year.
Saudi Arabia's GDP shrank 3% in its Q1, slightly less than expected and compared with last year's 1% contraction, tumbled by the oil sector's sharp decline.