Bob Iger, Walt Disney's Co-Executive Chairman, is joining the board of Perfect Day, the animal-free dairy maker, along with other co-founders Perumal Gandhi and Ryan Pandya, the company said in a statement.
Amazon.com extended work from home option until June 2021 due to the rising number of the COVID-19 cases.
Snap shares surged as much as 23% on Tuesday after Snapchat's owner topped revenue and user growth outlooks due to app's rising demand during the COVID-19 pandemic.
Salvatore Ferragamo's family owners held informal negotiations with financial investors over a minority stake sale in their holding company amid their intention to turn around the Italian fashion house and cope with coronavirus fallout.
Uber, the ride-hailing company, offered over €1.0B for Daimler-BMW's joint mobility services unit Freenow, according to Manager Magazin's statement made on Wednesday.
On Wednesday, PayPal Holdings has entered the cryptocurrency market, allowing its customers to hold, buy or sell bitcoin as well as other virtual coins via PayPal's online wallets.
On Wednesday, Italy's Prada announced it had named Malika Savell as the luxury group's chief diversity officer for North America, amid its plan to make the company more inclusive.
On Wednesday, China's regulator has granted its approval for Ant Group's planned listing in Shanghai, potentially the biggest IPO in the world, beating the record by the Saudi Aramco $29.4B float last December.
Gap Inc is looking at shutting down stores in some EU countries, as the company aims at saving cash amid its battle with a sales drop caused by the coronavirus crisis.
On Wednesday, Verizon Communications topped forecasts by adding more monthly paid subscribers than anticipated amid rising demand during the work-from-home period.
On Wednesday, the exchange operator Nasdaq posted a 76% rise in its Q3 profit, driven by its non-trading businesses' strength and an increase in trading volumes.
Ericcson, the telecoms equipment supplier, topped its quarterly core earnings outlook on Wednesday, driven by margin gains and China's 5G launch, adding it is "more confident" over meeting this year's targets.
During Wednesday's European trading hours, European stock indices declined, as healthcare and construction sectors reported losses.
Spain's renewable energy company Iberdrola announced on Wednesday it was planning an expansion in the United States with n acquisition of the PNM Resources utility through its US arm Avangrid valued at $8.3B including debt.
Snap's shares surged as much as 23% on Tuesday following the Snapchat owner's report of beating revenue and user growth forecasts amid rising demand during the pandemic.
Netflix reported it had added 2.2M paid subscribers globally, missing Wall Street's estimates for 3.4M users and marking the weakest gains in the last four years amid rising streaming competition.
Nestle raised its 2020 guidance for organic sales growth to about 3% after topping the Q3 estimates on Wednesday, reporting a 4.9% growth boosted by higher demand for health products and pet food.
On Tuesday, General Motors announced that it would invest $2B to build electric vehicles factory in Tennessee.
The Brazilian Economy Minister Paulo Guedes stated on Tuesday that Brazil is about to join the Organization for Economic Cooperation and Development in one year.
Spain is thinking to impose a second COVID-19 lockdown to tackle the recent spike in coronavirus cases, the Spanish Health Minister Salvador Illa stated on Tuesday.
On Tuesday, the US Justice Department and 11 states have filed an antitrust lawsuit against Google for allegedly using its market power to fend off competitors.
General Motors announced that it will invest $2B to convert its Tennessee factory to produce electric cars, starting with the new Cadillac Lyriq.
Nokia sought to put into effect an interdict against Lenovo to block sales of the biggest PC maker's products in Germany after the violation of video encoding patent.
Intel's $9B sale of the NAND memory chip unit is expected to help to focus on core business in higher-margin processors after the deal with Hynix, Wall Street analysts revealed.