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.
Self-driving startup Cruise, backed by GM, announced that it raised $2.75B in the latest financing round with investment from Walmart and others, reaching a valuation of over $30 billion.
Apple shares increased more than 2% on Thursday following the UBS survey that revealed its product line was still resilient, while also expecting strong demand for new models.
The US retail sales surged 9.8% last month, above analysts forecasts, the Commerce Department reported, strengthening expectations for solid growth in the Q1.
On Thursday, ABB boosted its full-year sales outlook, marking the recovery from the previous year's pandemic-caused downturn, sending its shares up to their highest level in about 13 years.
On Thursday, the South Korean carmaker Hyundai Motor Group stated it was planning to roll out electric vehicles in China every year from 2022 to expand its footprint in the world's largest car market.
On Thursday, Royal Dutch Shell announced that it would utilize its oil and gas reserves by 2050.
On Thursday, Taiwan Semiconductor Manufacturing Co stated it is trying to do everything possible to boost productivity and ease the global chip shortage, despite it sees that tight supplies likely to continue throughout the next year.
Wizz Air, the Hungarian low-cost carrier, is anticipating gradual travel recovery into late summer, as the global travel industry enters the second year of the COVID-19 pandemic restrictions.
Deliveroo, the food delivery company, reported on Thursday its Q1 orders more than doubled, marking the first trading update after its highly-expected London listing flopped last month.
On Thursday, oil prices hit the one-month-high level after surging 5% in the prior session, boosted by increased demand outlooks from OPEC and IEA, as major economies are recovering from the coronavirus pandemic.
On Thursday, Geely's electric unit Polestar stated it has raised $550M in the external funding that comes amid a year of sustained share price growth and sales for electric car makers such as Nio and Tesla.
Walt Disney's ABC News has named Kimberly Godwin, the CBS News executive, as the news division's president starting early May and replacing James Goldston.
Turkey's Competition Board fined Alphabet's Google more than $36.65M for abusing the company's dominant position within search engine services, the regulator stated.
Spain's conglomerate Acciona stepped up preparations for an IPO of the renewable energy unit and hired banks to lead the deal anticipated to value the business at more than €8B.
Ford Motor Co announced another series of facilities shutdowns amid the global semiconductor chip shortage, with one plant in Turkey and five in the US affected.
Dell Technologies announced plans to spin off a stake of 81% in VMware to create two standalone public firms in a deal worth almost $9.7B.
General Motors and LG Chem are expected to announce a second US battery cell manufacturing factory on Friday, unveiling plans for a $2.3B factory in Tennessee, sources said.
Oil prices climbed over 4% on Wednesday, as the report from the International Energy Agency, followed by US inventory data raised optimism on returning demand for crude.
Alkami Technology's shares increased 38% in the US stock market debut on Wednesday, granting the US banking software supplier a market capitalization of $3.43B.
The World Bank signed several financing agreements with Bangladesh totaling $1.04B to support the country's efforts in dealing with the COVID-19 pandemic.
The economy of Namibia contracted 8% in 2020, following a contraction of 0.6% in 2019, the Bank of Namibia governor Johannes Gawaxab says.
Revenue of Goldman Sachs surged in the first quarter of 2021, beating analysts' expectations, data published by the US investment banking giant show.