The German development bank KfW increased its promotional business to $162.9B in 2020 to help mitigate economic effects of the COVID-19 pandemic.
Pfizer plans to generate $15B in revenue from sales of its COVID-19 vaccine developed together with the German partner BioNTech.
On Tuesday, Panasonic stated it forecast profitability of its battery supplier to Tesla this fiscal year, adding it had raised the full-year operating profit outlook by over half.
On Tuesday, Pfizer forecasts its sales at about $15B from the COVID-19 vaccine that the US pharmaceutical corporation is developing along with Germany's BioNTech.
On Tuesday, Tesla said it had agreed to recall as many as 134,951 Model X and Model S cars in the United States due to potential failure of touchscreen displays.
On Tuesday, Alibaba Group Holding topped Wall Street's forecasts for its Q3 revenue, driven by online shopping switch that helped the Chinese giant's e-commerce business to benefit.
Ford Motor will team up with Alphabet's Google over a new cloud-based consumer services development and internal operations modernisation, both companies confirmed earlier this week.
Alphabet's Google is set to shut down the internal Stadia game development, a move that makes the cloud-based service for game streaming entirely dependent on other publishers and game developers' titles.
BP's profit tumbled to $115M in the Q4, missing analysts' estimates, plummeted by weaker energy demand amid the COVID-19 pandemic as well as weak trading results.
On Tuesday, Panasonic, Japan's consumer electronics maker, reported a Q3 operating profit of $1.24B, topping analysts estimates, driven by rebounded sales.
On Monday, the US Treasury announced that it would borrow $274 billion in the first quarter of 2021.
Despite a decline during the US trading hours, US media blamed the Robinhood traders for a surge in silver prices.
It was revealed on Monday by the Congressional Budget Office that the US economy could recover 4.6% in 2021.
On Tuesday, Alphabet would reveal its quarterly earnings and the operating profits of Google Cloud, which were previously hidden.
The CEOs of Chevron Corp and ExxonMobil Corp held preliminary negotiations to explore the merger of the two biggest US oil producers, sources familiar with the matter said.
HSBC Holdings PLC announced that it set up new private banking operations in Thailand, the lender's second onshore expansion in Asia.
Ford Motor is set to tap into software, cloud computing and AI offered by Alphabet's Google to modernize internal operations and develop new customer services, the companies stated.
The EU antitrust enforcers claimed that a court made errors when scrapping the order for Apple to pay 13B in Ireland's back taxes, filing to overturn the verdict.
Mexico's government is set to seek more than $500M from First Majestic Silver, the Canadian miner, in owed taxes for maintaining silver prices low for a decade, two sources said.
Tesla stood to get a single-digit billion euro amount in Germany's public funding for building a battery cell manufacturing near Berlin, Business Insider stated.
At the start of US trading, the price of the iShares Silver Trust ETF jumped almost 12%, as a broad buying spree of the metal was taking place.
China's Xiaomi has filed a legal complaint against the US Treasury and Defense Departments, claiming to eliminate the smartphone maker from the US list of firms with relations to the Chinese military.
UK factory growth is slowing after a sharp drop last month, caused by the coronavirus-related disruption to worldwide shipping and new EU trade barriers.
Global semiconductor sales surged 6.5% globally in 2020, due to an on-going recovery within the last months that helped offset a steep drop-off in the first two months of spring last year.