Lucid Motors, the luxury electric carmaker, is planning to go public via a merger SPAC deal with Churchill Capital IV, taking the value of the combined firm to $24B.
The US government announced on Monday that it had finalized a $3.2 billion low-income internet subsidy law.
On Monday, the US House Budget Panel approved the $1.9 billion coronavirus stimulus bill.
Gertjan Vlieghe stated on Monday that he does not expect interest rates to return to pre-2008 level during his lifetime.
On Monday, the share price for Petrobaras plummeted by 21%, as the President of Brazil Jair Bolsonaro replaced the state-owned company's CEO with an army general.
Goodyear Tire & Rubber announced $2.8B deal to buy Cooper Tire, aiming strengthen its portfolio in the high-margin SUV and light truck segments and increase presence in the US and China.
Kohl's Corp rejected a move by investor activist group to nominate nine directors to revive the department store chain's business, calling it the attempt to seize control of the board.
Mexico's government granted new financial aid to Petroleos Mexicanos worth $3.54B, to help shore up the state oil company's finances and crude output.
Alkami Technology chosen Goldman Sachs to manage preparations for an IPO of the US banking software provider later in 2021 that may value it at $3B, sources said.
Microsoft and European publishers urged EU regulators to demand online platforms to seek arbitration in disputes over revenue sharing amid the recent spat between Australia and Facebook.
Alphabet's Google is set to resume accepting advertisements related to politics in the US from Feb. 24, after it paused such activity in January, Reuters reported.
On Monday, in a span of 30 minutes from 14:00 to 14:30 GMT, major cryptocurrencies experienced a sharp decline and an almost immediate recovery, as BTC/USD touched the 47,500.00 level and ETH/USD 1.532.02.
On Monday, Goodyear is set to acquire Cooper Tire in a deal worth around $2.8B, seeking to double the company's presence in China and North America.
Adidas, the German sporting goods producer, is planning to resume payments of dividends to shareholders after the company has suspended the payouts in 2020.
On Monday, Roblox Corp, the video game platform, has resumed its plans for a public listing, saying it sees its shares to begin trading on the NYSE on March 10, according to a regulatory filing.
On Monday, after booking a new record high, the price for Bitcoin retreated to trade below the 55,000.00 price level.
British Airways' owner IAG has raised its total liquidity by £2.45B pounds via deferred pension and loan contributions, continuing to consider other debt opportunities in order to boost its finances.
Greece's Alpha Bank is set to sell its €10.8B impaired loans portfolio, as well as 80% of Cepal Holdings, the loan services provider, to the US fund Davidson Kempner.
Boeing has recommended to suspend the use of its 777 aircraft, which have the same Pratt & Whitney PW4000 engine that appeared to be faulty in one of the jets this weekend.
China's carmaker Geely and search engine Baidu Inc hired Xia Yiping, the Mobike co-founder, as a new CEO of their electric vehicle joint venture, Baidu announced on Monday.
On Sunday, Audi and Volkswagen announced that they would resume normal production at their plants in Mexico on February 22.
On Monday, the Chinese Foreign Minister Wang Yi said that Beijing is ready to restart a bilateral dialogue with the United States.
According to Refinitiv data, Canada's six biggest banks will post an average decline of 4.3% in Q1 profit from the previous three months this week.
On Sunday, the Central Bank of Sudan devalued the Sudanese currency, as part of a broader effort to meet a key condition for debt relief and revive the struggling economy.