On Friday, global equity markets hovered near record highs, as data from the United States and China cemented expectations of quick global economy recovery.
According to sources with knowledge of the matter, Grab Holdings is mulling a secondary Singapore listing after finalizing the Nasdaq listing through a $40B SPAC Altimeter Growth Corp merger.
General Motors and LG Energy Solution, its South Korea-based joint-venture partner, are planning to establish the second battery cell plant worth $2.3B in Tennessee, the United States.
On Friday, Hyundai Motor Group unveiled it had created a new mobility unit with the intention to roll out more service models, naming Song Chang-hyeon as the automaker's new chief.
On Friday, New Zealand agreed to award Amazon an extra $116M worth subsidy on "The Lord of the Rings" TV series filming expenses in the country.
Apple created a $200M worth fund to invest into timber-producing forests, which will be managed in carbon removal efforts, while also generate a profit, the tech giant said.
Goldman Sachs Group's corporate communication head Jake Siewert is set to step down from his role in the bank, according to the New York Times report published on Friday.
Daimler reported a better-than-anticipated Q1 profit of $6.0B, driven by surging demand for the carmaker's luxury Mercedes-Benz cars in China as well as by higher prices.
On Friday, Morgan Stanley posted a 150% surge in its Q1 profit, topping Wall Street's estimates, while disclosing a nearly $1.0B loss from the private fund Archegos's collapse.
Ocado, the UK online grocer, is planning to make an investment worth £10M in Oxbotica, the autonomous vehicle software firm, amid their cooperation aimed to cut last-mile delivery costs.
The European Union's antitrust regulators will pass their verdict on SK Hynix $9.0B acquisition of Intel's NAND memory chip division by May 20, the European Commission's filing shows.
During Friday's Asian and European trading hours, major cryptocurrency prices declines, as a retracement down was taking place in the aftermath of booking new all-time highs.
The Southeast Asian ride-hailing giant Grab Holdings is exploring an opportunity of a Singapore secondary listing after finalising the Nasdaq listing through a $40B SPAC merger.
On Friday, Hyundai Motor Group announced it had established a new mobility unit to roll out more service models, naming an outsider Song Chang-hyeon as division's chief due to his tenure with Microsoft and Apple.
BlackRock reported its Q1 profit topped Wall Street's expectations, as the strength in its businesses and an on-going rally in worldwide financial markets helped vault the company's assets to their record high of $9.01 trillion.
An advocacy group urged Facebook's CEO Mark Zuckerberg to cancel the launch of an Instagram version for kids who are under the age of 13, citing potential "great risks" from the social media for young users.
Nissan Motor is set to trim its production at several Japanese factories next month due to the global semiconductor shortage, Reuters reported.
Daimler AG launched a new electric "sibling" of the carmaker's flagship Mercedes-Benz S-Class sedan, challenging the market-leader Tesla amid surging sales of electric cars in the market.
Reuters News launched its new subscription website in a new strategy aimed at business professionals, offering first five stories to be viewed free of charge, but requiring its users to register to view more content.
The self-driving truck maker TuSimple Holdings was valued at $8.5B in its US stock market debut that took place on Thursday, with its shares opening at $40.25.
On Thursday, the US telecom giant Verizon Communications announced it would roll out 5G technology internet for businesses for as many as 21 cities in the United States this month.
EU antitrust regulators are expected to decide by May 20 whether to clear South Korea's chipmaker SK Hynix's $9B purchase of Intel's NAND memory chip business.
Nissan Motor is set to slash production at several Japanese factories in May amid the global semiconductors shortage, sources told Reuters.
BlackRock's reported a higher-than-expected quarterly profit on Thursday, as broad-based strength in its businesses helped vault the company's assets under management to $9.01 trillion.