Best Inc, the Chinese logistics company backed by Alibaba Group, is exploring a sale amid a strategic review, Reuters reported on Wednesday.
The California-based electric vehicle startup Rivian announced on Tuesday a $2.65B investment, led by funds and accounts recommended by T. Rowe Price Associates Inc.
On Tuesday, Joseph Simons, the Chairman of the US Federal Trade Commission, announced that he would step down on January 29.
On Tuesday, Janet Yellen, President-elect Joe Biden's incoming Treasury Secretary, said that the value of the US Dollar should be determined by the financial markets.
On Tuesday, Antony Blinken, President-elect Joe Biden's nominee for Secretary of State, said that he would work to build the damaged US diplomacy.
The economy of China expanded 2.3% in 2020, compared to the previous year, data published by the National Bureau of Statistics show.
A total of $34.7B worth of tobacco products were sold in Germany in 2020, an increase of 5% from the prior year, the Federal Statistical Office Destatis reports.
SF Holding, China's express delivery giant, announced 30.77% revenue growth to $2.27B in December, compared to the same period the prior year, a statement published by the company shows.
The economy of Belarus contracted 0.9% in 2020, compared to the previous year, data published by the National Statistics Committee show.
Volta, an electric vehicle charging startup based in San Francisco, raised $125M from investors, a statement published by the company shows.
The unemployment rate in Hong Kong increased to 6.6%, the highest level in 16 years, the Census and Statistics Department of the Hong Kong Special Administrative Region reports.
On Tuesday, self-driving automaker Cruise and General Motors announced they would team up with Microsoft to commercialise self-driving vehicles.
On Tuesday, Bank of America reported a fall in its Q4 profit that still beat Wall Street's estimates, flagging a further economic recovery.
On Tuesday, Goldman Sachs Group posted a 153% surge in its Q4 profit, driven by its M&A activity boost and a blowout performance at the core bond trading.
During Tuesday's European trading hours, the value of the US Dollar declined, as the currency was expected to decline due to additional US stimulus.
On Tuesday, Experian reported its Q3 revenue growth beat its previous target, driven by robust US mortgage volumes, but forecast a slowdown in its Q4.
Zhejiang Geely Holding, the Chinese group that holds Daimler's 9.7% of shares and owns Volvo Cars, announced on Tuesday it had teamed up with Tencent Holdings to develop autonomous driving and smart vehicle cockpit.
Turkey has has banned advertising on Periscope, Pinterest and Twitter after the companies failed to appoint their local representatives in Ankara under the country's new social media law.
On Tuesday, China's market regulator has approved Cisco Systems' plans. to acquire Acacia Communications, marking that both companies should comply with a particular set of conditions.
On Monday, representatives of the Canadian Alberta province urged the Prime Minister Justin Trudeau to pressure the US President Joe Biden in regards to the Keystone XL pipeline.
The CEO of Couche-Tard Brian Hannasch revealed that the company would renew its bid for Carrefour, if the French government would allow an acquisition.
On Monday, the Canadian government announced that it would lift the Boeing 737 MAX flight ban starting from January 20.
During Monday's trading hours, crude oil prices slightly declined, as the US Dollar gained value and decreased all commodity prices.
BlackRock sold a significant part of its stake in China Telecom for $200M, as the company became a subject to a recent ban on the US investment.