On Thursday, Alphabet's Google announced it plans of a more than $7.0B investment in US offices and data centres amid a rise in internet traffic on the back of the pandemic-related lockdowns.
On Wednesday, at 18:00 GMT, the EUR/USD surged, as the US Federal Reserve Federal Open Market Committee issued a monetary policy statement. The currency exchange rate surged 73 pips or 0.61% in the span of 40 minutes following the release.
Nokia, Finland's telecom equipment maker, is expecting the comparable operating margin rising to 10-13% in 2023 with the help of its detailed plan to reset the business, the company stated on Thursday.
TikTok, the video-sharing platform, is considering to launch a group chat feature in 2021, raising competition among the Chinese-owned app and its social media rivals, including Facebook.
Aircraft leasing group AerCap's acquisition deal with its rival GECAS might hurt the aircraft market competition, IATA's head warned on Wednesday.
Coherent Inc stated that optical fibre company Lumentum Holdings raised an offer for the firm to $6.9B after a three-way takeover competition for the laser company.
Vodafone priced shares in its infrastructure unit Vantage Towers at €24 each, valuing the company at €12.1B in one of Europe's largest IPO this year, Vantage Towers reported.
Toyota Motor and Honda Motor announced new production cuts in Noth America, citing supply chain issues affecting the auto industry.
Morgan Stanley became the first major US bank to provide wealth management customers access to bitcoin funds, the report by CNBC showed.
The German economy is expected to expand 3.1% in 2021 after a 4.9% contraction in 2020, a report published by the German Council of Economic Experts shows.
Baidu, the Chinese internet search giant, raised $3.1B in its secondary listing in Hong Kong, data published by the company show.
Semiconductor Manufacturing International Corp plans to invest $2.35B in production facilities in Shenzhen to manufacture semiconductor parts from 2022.
Legend Holdings, the owner of the world's largest PC producer Lenovo, announced a 15.9% stake purchase in chipmaker Fullhan Microelectronics for $236.9M.
Coinbase, the largest US cryptocurrency exchange, is valued at around $68B ahead of an IPO, a statement published by the company shows.
Ford Motor Co plans to produce electric vans for the European market through a joint venture with Ford Otosan in Turkey, a statement published by the company shows.
Volkswagen is expecting to double its electric car deliveries and raise profits for the core brand in 2021 after the automaker accelerated its switch to zero-emission vehicles.
Vodafone is planning to price its infrastructure arm Vantage Towers' shares at €24 each, bringing the company's valuation to €2.13B, in one of the EU biggest IPOs of 2021.
During Wednesday's European trading hours, the stock price for Volkswagen surged by 7.00% or 14.50 EUR. The stock price extended a three day surge, which was caused by a string of positive news from the company.
BMW is anticipating that not less than half of the carmaker's sales to be electric cars by 2030, adding that its MINI brand is likely to be fully electric by this time.
During Wednesday's European trading hours, the prices for crude oil extended their decline despite a drop in US inventories.
According to ACEA data, European new vehicle sales dropped by 20% year-on-year in February due to the coronavirus lockdowns and rising uncertainty across Europe.
On Wednesday, the UAW union criticised Ford Motor's plan to produce new vehicles at its Mexico plant rather than in Ohio amid potential violation of the carmaker's contractual commitments.
On Wednesday, German carmaker BMW stated it is anticipating a significant year-over-year growth in its 2021 pretax profit, as the company sees a robust performance in all segments.
Baidu, China's internet search giant, is planning to raise as much as $3.08B from its secondary listing in Hong Kong, Reuters reported on Wednesday.