Volkswagen will seek damages from former CEO Martin Winterkorn and ex-Audi's CEO Rupert Stadler over the diesel gate emissions cheating scandal, the German automaker announced on Friday.
On Friday, crude oil prices edged higher over 3% on concerns that it could take days or even weeks to dislodge the 224,000-ton vessel blocking Egypt's Suez Canal.
On Friday, Dominion Voting Systems filed a $1.6B defamation lawsuit against Fox News over the 2020 election-fraud claims.
As reported by the US Commerce Department on Friday, US consumer spending declined by 1% last month.
On Friday, Citi Group stated it had hired Goldman Sachs Group's executive Erika Irish Brown to head the bank's global diversity strategy.
WeWork is planning to go public via a SPAC merger deal with BowX Acquisition, valuing the office-sharing start-up at $9B, it stated on Friday.
On Friday, the main indexes of Wall Street opened higher, after investors had bought undervalued bank and energy stocks, hoping for a robust economic recovery.
Meituan, China's food delivery company, reported a Q4 loss on Friday after posting two quarters of profit in succession, as Maituan has expanded into the business of community group buying that relies on subsidies.
On Friday, Сhina's EV maker Nio Inc announced it would temporarily suspend production at its Hefei factory for five labour days amid global semiconductor chip shortage.
China's smartphone maker Xiaomi Corp is set to produce electric vehicles using a factory owned by Great Wall Motor, adding it to the list of tech companies, which have joined the smart mobility race.
During Friday's European trading hours, the US Dollar Index declined in a move that was seen as a consolidation in the aftermath of booking a new high level on Thursday.
Uber Technologies is planning to reopen its San Francisco offices with 20% capacity starting next week, allowing its staff to come back from a remote work on the "voluntary basis".
Saudi Aramco revealed new appointments for the company's top management positions that would be effective April 1, Reuters reported.
SunPower, the US solar panel producer, announced it had hired the ex-Amazon.com executive Peter Faricy to succeed the company's CEO Tom Werner, who would retire after holding his post for 18 years.
Credit Suisse is exploring an option to compensate investors who were hit by the funds' collapse linked to Greensill, the insolvent finance firm, amid the lender's efforts of a damage-limitation exercise.
Ford Motor is planning to gradually abandon its Mondeo sedan vehicle in Europe as soon as early 2022 amid the US carmaker's plan to shift to SUVs and electric cars.
Xiaomi, China's smartphone maker, flagged surging costs caused by the global chip shortage, reporting its Q4 revenue below expectations, while the company's shares fell 9%.
Atlanta's digital banking start-up Greenwood announced on Thursday it had raised $40M from US financial institutions, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, etc.
On Thursday, shares of the EU fashion brands H&M, Inditex and Adidas dropped on the back of strong criticism faced on the Chinese social media over brands' past comments about Xinjiang labour conditions.
On Thursday, Nike and Adidas faced heat on China's social media over their past comments about brands' labour conditions in the autonomous region of Xinjiang, reviving a diplomatic dispute between the West and China.
The United States stated on Thursday the promotion of its semiconductor cooperation with Taiwan is the US key strategic priority.
Arrival Ltd, the UK electric van startup, is planning investments in more "microplants" in 2021 amid the company's expansion of its global production presence.
China proposed global regulations for central bank digital currencies, including sensitive matters such as information sharing and monitoring.
The digital banking startup Greenwood announced that it raised $40M from a multitude of US financial institutions.