Siemens' mobility signalling unit Intelligent Traffic Systems will be renamed to Yunex Traffic as part of the company's carve-out plans ahead of a possible sale.
On Friday, the world's largest cosmetics group L'Oreal is anticipating a robust rebound in its cosmetics sales after the COVID-19 pandemic slows down, as people will start going out again.
KBA, the German motor vehicle authority, stated on Friday that Tesla must recall about 12,300 Model X vehicles worldwide amid faulty car body mouldings.
On Friday, the US Dollar was expected to end the week's trading by booking a decline. The previous week, the USD ended the week with record gains.
During early Friday's trading, the price for Bitcoin reached above the 49,000.00 level, as the Tesla caused surge continued.
During Friday's European trading hours, stock indices declined, as a retracement from historical high levels was taking place.
On Friday, the US House committee approved the proposal to subsidize airlines with additional $14 billion.
On Thursday, the Anglo-Dutch company Royal Dutch Shell outlined plans to curb net carbon emissions to zero by 2050.
On Thursday, the Speaker of the US House of Representatives Nancy Pelosi stated that she expected the Congress to finish legislation on COVID-19 relief package by the end of February.
Shares of Kraft Heinz edged higher by 6% on Thursday after the company announced that it plans to sell its Corn Nuts and Planters brands to Hormel Foods for $3.35B.
On Thursday, the Irish Prime Minister Micheal Martin called on the United Kingdom and the European Union to calm down, as tensions escalate over post-Brexit problems in Northern Ireland.
The Malaysian economy contracted 5.6% in 2020, the biggest decrease since 1998, a statement published by the Malaysian Central Bank shows.
PepsiCo expects organic revenue growth in 2021 as economies reopen and consumers return to pre-pandemic lifestyles, a statement published by the company shows.
Germany's Commerzbank announced a $3.3B loss in the fourth quarter of the previous year as the bank continues a major restructuring and deals with the effect of the COVID-19 pandemic.
The euro zone economy is expected to rebound less than previously expected amid a second wave of the COVID-19 pandemic, data published by the European Commission show.
The Geneva based asset management arm of the Pictet Group expects S&P 500 to increase 10% from its current levels, a statement published by the company shows.
The US House Transportation and Infrastructure Committee approved a $42B assistance for the transportation sector and its employees as a part of global $1.9T COVID-19 relief plan.
On Thursday, Germany's Commerzbank posted a $3.3B loss in its Q4 due to the company's major restructuring and the pandemic fallout.
At the start of Thursday's trading, the stock price of Nvidia reached a new all-time-high at 599.22 and extended the February surge above 15.00%.
On Thursday, the US chip industry called on the US President Joe Biden's Administration to provide semiconductor factories with substantial funding as part of the infrastructure plans and economic recovery.
The Biden administration is considering to add new restrictions on some sensitive tech exports to China, Reuters reported.
After nine sessions of surging, crude oil prices declined on Thursday. The decline was seen as a consolidation of previous gains.
On Thursday, Volkswagen announced it would use Microsoft's cloud computing services for its self-driving software development.
On Thursday, the British drugmaker AstraZeneca forecast its revenue growth in 2021 after topping analysts' estimates for its Q4 product sales.