Norwegian Air is planning to raise up to $711M in fresh capital to boost its resources before the company exits from the bankruptcy protection in May as the coronavirus pandemic keep halting travel.
On Wednesday, LVMH's shares surged to their record-high level after reporting strong sales figures, which showed the world's largest luxury goods company had recovered far more rapidly than estimated in early 2021.
On Tuesday, Singapore-based ride-hailing service Grab Holdings announced plans to go public in the United States through a merger deal with Altimeter Growth Corp.
Norway will begin to ease some COVID-19 restrictions, the Norwegian Prime Minister Erna Solberg announced on Tuesday.
Andy Haldane, Bank of England's Chief Economist, will quit his position this year, the BoE announced on Tuesday.
On Tuesday, Li Bo, a US-educated economist, was appointed as the Deputy Governor of the People's Bank of China.
An Egyptian court ordered $900M compensation from an owner of the massive vessel Ever Given for the blockage of the Suez Canal.
China's foreign trade surged 29.2% to $1.29 trillion in the first quarter of 2021, compared to the same period in 2020, the General Administration of Customs reports.
Blockchain technology company ConsenSys raised $65M from major banks and other fintech companies including J.P. Morgan, Mastercard and UBS.
Epic Games raised $1B in its latest round of funding that values the company at $28.7B, data published by the company show.
US consumer prices increased by the most in more than 8 years in March as massive fiscal stimulus unleashed demand, the Labor Department reports.
India seeks imports of Pfizer, Johnson & Johnson, and Moderna COVID-19 vaccines after a big surge in cases in the country this month.
France's carmaker Renault has begun negotiations with its unions about extending the partial suspension of its three Spanish plants until September-end as a preventive measure in case the global semiconductor shortage continues.
On Tuesday, American Airlines stated it was expecting its Q1 revenue to drop nearly 62% compared with the 2019's same period, and to report a loss of around $2.7B-$2.8B, excluding its gains from the payroll support programme.
On Tuesday, Nornickel, Russia's metals producer, announced its plans to boost nickel products output at its Finnish plant, looking at the expanding market for EV batteries.
Europe's biggest automaker Volkswagen has agreed with the most powerful union in Germany, IG Metall, on a wage deal for 120K staff, with salaries rising by 2.3% starting from January 2022.
During Tuesday's European trading hours, European stock indices paused their surge near record high levels.
The US Senator Josh Hawley has introduced a legislation that would ban companies, including the Big Tech, from any merger and acquisition deals with the market value more than $100B.
Credit Suisse Group announced on Tuesday it had nominated Christian Gellerstad, the wealth management expert, for election to Swiss entity's board of directors at the annual general meeting that would take place on April 30.
Grab Holdings, the Southeast Asian biggest food delivery and ride-hailing company, will announce on Tuesday its merger deal with the US SPAC Altimeter at the valuation of about $40B.
Nvidia is expecting its Q1 sales to exceed $5.3B on robust demand for its chips that power cryptocurrency mining and data centres, the chipmaker said.
On Monday, the US government announced that the US budget deficit had reached a record high in March of 2021.
The President of the Boston Federal Reserve Bank Eric Rosengren stated on Monday that the US economy would experience a rebound in 2021.
On Monday, Air France-KLM announced that it would raise $1.2 billion in new equity to handle the coronavirus crisis.