Philips, the Dutch medical equipment giant, has launched a recall of some ventilators and breathing devices due to a foam part, which might degrade, becoming toxic for its user, and could potentially cause cancer.
The average age of the US vehicles and light trucks surged to the record high of 12.1 years the previous year, as American citizens drove fewer miles during the coronavirus pandemic, IHS Markit reported.
Equinix, the US-based data centre company, stated on Monday it had clinched deals for extra joint ventures with GIC, Singapore's sovereign wealth fund, to add $3.9B for its data centre programme expansion.
During Monday's European trading hours, the value of the US Dollar consolidated Friday's gains by fluctuating sideways.
Clariant is planning its pigments business sale to SK Capital Partners and Heubach Group in a deal that brings its business value to about $951.27M, the Swiss chemicals producer said on Monday.
On Monday, the European Union has hired banks for its first sale of a debt sale that backs the coronavirus recovery fund, memos published by two lead managers showed.
Volkswagen's US unit reported that over 3.3M customers were hit by data breach at its vendor in North America.
China's carmaker Geely is planning to keep working on the methanol-powered vehicles even though the idea may fail, its chairman Li Shufu stated on Sunday.
The China Securities Regulatory Commission approved five IPO applications on the ChiNext exchange, a report published by the regulator shows.
Amazon Web Services, an Amazon company, plans to open data centers in Israel in the first half of 2023, the senior vice president Peter DeSantis says.
Foreign direct investment into China increased 35.4% to $75.3B in the first five months of 2021, data published by the Ministry of Commerce shows.
The machinery sector in China expanded 43.5% to $1.24 trillion in the first four months of 2021, compared to the same period in 2020, the Ministry of Industry and Information Technology reports.
The US President Joe Biden landed in Brussels on Sunday to take part in the EU and NATO summits and strengthen transatlantic ties.
The Canadian Prime Minister Justin Trudeau stated on Sunday that he and President Biden discussed bilateral relations, including pandemic restrictions' abolishment.
The leaders of the Group of Seven pledged to cooperate to tackle carbon leakage before the EU is due to propose a plan to impose CO2 emission fees over imports of certain goods.
Moscow's mayor stated that the Russia's capital is set to give away cars for vaccinated residents, aiming to speed up the rate of vaccinations due to a surge in COVID-19 cases.
Amazon announced its decision to guarantee the entry-level wage at the company's warehouses in Germany of €12 an hour.
The Chinese automaker Geely is set to keep working on methanol-powered cars even though the effort may fail, its chairman Li Shufu stated.
Amazon Web Services is expected to open data centre in Israel, with the announcement after Israel inked a deal with Google and AWS for $1B project to provide cloud services.
China's Huawei is set to develop driverless passenger vehicle technology by 2025, an executive sated, aiming to diversify its business in the face of the US sanctions.
The Mexican main autopart association INA forecast that the semiconductor chip shortage is likely to subside in July and fully recover by the end of this year.
According to a source familiar with the matter, G7 leaders agreed on the need to continue helping economies with fiscal stimulus.
According to sources familiar with the matter, Toshiba Corp's board gathered for an off-schedule meeting on Sunday to re-assign candidates for three main board committees.
Beijing gave a warning on Sunday, saying that the days when a small number of countries ruled the world had already gone.