The economy of China will expand 8.1% in 2021 and 5.6% in 2022, a report published by the International Monetary Fund shows.
The global economy is expected to expand 5.5% in 2021, 0.3% above the previous forecast, data published by the International Monetary Fund show.
Johnson & Johnson stated on Tuesday it was expecting the current year's profit to be above Wall Street forecasts, promising to unveil data from its COVID-19 vaccine trial soon.
On Tuesday, Verizon Communications reported it had missed expectations for monthly postpaid phone subscribers in the Q4, tumbled by rising competition from its rivals AT&T and T-Mobile US.
On Tuesday, General Electric reported better-than-anticipated Q4 free cash flow, setting its annual goal for the main performance measure at $2.5B to $4.5B amid improvement in its renewable and power energy businesses.
MSCI announced it would eliminate five Chinese firms from its global equity index on January 27, since there was no update on the Trump Administration's order banning US citizens from making investments in certain Chinese firms.
During Tuesday's European trading hours, the value of the US Dollar remained flat, as expectations of stimulus were being offset by a possible delay.
Hyundai Motor posted a 57% rise in its Q4 profit, driven by robust demand for its premium Genesis cars and high-margin SUVs, forecasting a sales jump this year in the North American and Chinese auto markets.
On Tuesday, the Japanese third-biggest telco SoftBank stated it had appointed Junichi Miyakawa, its Chief Technology Officer, as a new Chief Executive Officer effective April 1.
Dan Riccio, Apple's hardware engineering head, is set to step down to focus on a new project, according to the iPhone maker's statement made on Monday.
Reuters revealed on Monday that the US President Joe Bidden and the German Chancellor Angela Merkel had agreed on phone upon transatlantic cooperation.
The CEO of Apollo Leon Black stated on Monday that he would leave his post due to a recent reveal of his ties to Jeffrey Epstein.
On Monday, Vimeo announced that the company had raised $300 million, which brought the company's total valuation to $6 billion.
During Monday's US trading hours, global stock indices retraced down, as the value of the US Dollar surged.
Goldman Sachs-backed webinar marketing platform ON24 Inc was looking for nearly $2.22B valuation in its IPO, through selling 8.6M shares.
China's Huawei Technologies was in early-stage negotiations to sell P and Mate, its premium smartphone brands, sources with knowledge of the matter stated.
A Spanish court ordered Volkswagen to pay €16.3M in compensation to people in the country, who bought vehicles with emissions-cheating devices installed.
On Monday, the December unemployment rate in Canada was revised from 8.6% to 8.8%, while the net job decline was amended from 62,600 to 52,700, according to Statistics Canada's labour force data.
Hublot, the Swiss luxury watchmaker, is anticipating its sales to grow as much as 15-20% this year, boosted by China, following a tough 2020 as well as a challenging start of the current year, its CEO said on Monday.
On Monday, the Nasdaq opened at its record high on markets for the week of big-tech firms earnings, while the S&P 500 and Dow came out under pressure from Merck's shares drop.
Google's workers are set to form a global union alliance, following the formation of a labour union for the Canadian and US offices, established by over 200 workers at the various Alphabet's units.
The share price for Apple started Monday's trading with a new all-time high at 143.09. The jump was attributed to a "stay at home" stock surge.
Carlo d'Asaro Biondo, the former Google executive, has been named as a new CEO of Telecom Italia's Noovle, the newly-created cloud division, the Italian largest phone group reported on Monday.
US oil refiners are expecting the worst quarter of earnings due to the pressure of surging crude prices and weak demand caused by the renewed coronavirus travel restrictions.