SoftBank Group is planning to extend its earnings recovery after reporting its Q3 results earlier this week, as frothy markets boosted the value of the group's tech investment portfolio.
Pinterest, the image-sharing company, posted better-than-anticipated quarterly results, driven by robust user growth as well as heavy advertising during the festive season, sending its shares up nearly 10%.
During Friday's Asian and European trading hours, global stock indices surged. The surge was attributed to progress in coronavirus vaccine distribution.
Ford Motor boosted its investment plan for electric and self-driving vehicles by more than a half, to $29B, despite posting a Q4 net loss of $2.8B.
Robinhood, the online brokerage app, removed its trading restraints on all stocks, including AMC Entertainment Holdings and GameStop Corp.
On Friday, Tencent-backed Kuaishou Technology soared three-fold in its stock market debut in Hong Kong, following a $5.4B IPO.
PayPal Holdings Inc is set to shut its domestic payments services in India from April 1, switching focus to cross-border payments business.
Lufthansa announced that it issued a €1.6B bond, money that will be used to repay a bailout by state lender KfW for coping with the COVID-19 crisis.
Pinterest revealed better-than-anticipated quarterly results, with total revenue soaring 76% to $706M, thanks to heavy advertising and strong user growth.
Ford Motor increased the amount of funds it planned to invest in electric and autonomous cars to $29B even as it reported a Q4 net loss of $2.8B.
The telecommunications network equipment producer Nokia announced on Thursday that it expects a challenging 2021, as the company catches up with other companies.
On Thursday, Reuters revealed that the consulting company McKinsey & Co would pay $573 million to settle claims about its role in the ongoing US opioid epidemic.
During Thursday's European trading hours, Deutsche Bank announced that in 2020 the bank had made its first minor profit since 2014.
The GBP appreciated against the USD, following the BoE Monetary Policy Report release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate gained 79 pips or 0.59% after the release.
On Thursday, the Economy Minister of Taiwan Wang Mei-hua stated that the global shortage of auto chips would not be the main topic of upcoming talks with the US.
During Wednesday's late trading hours, the price for Ethereum hit a new all-time high at 1,698.11 USD.
The Japanese car maker Mazda Motor Corporation revealed on Thursday that the company expects the global chip shortage to impact 7,000 new vehicles.
On Thursday, Royal Dutch Shell announced that in 2020 the company's profits had declined by 71%.
During Thursday's trading hours, crude oil prices fluctuated near one-year high levels, as OPEC+ had recently announced that it expects an oil deficit in 2021.
On Thursday, the US Dollar resumed its surge, as the US Dollar index broke the resistance of the 91.30 level, which kept the rate down throughout this week.
During Thursday's European trading hours, European stock indices surged and extended a four day rally.
Online trading app Robinhood announced on Wednesday that it would allow investors and traders to purchase shares of GameStop and AMC Entertainment.
According to source knowledge of the matter, McKinsey & Co has agreed to pay $573M to settle claims over their role in the opioid epidemic crisis.
The Chief Executive Officer of the social media platform Parler John Matze said on Wednesday that he was fired by the company's board.