News

Toyota Motor Corp pledged 8 trillion yen ($70B) to electrify its automobiles by 2030, as it makes entry to the zero-emissions cars, according to a report by Reuters on Tuesday....

Shares of Harley-Davidson Inc. rose more than 10% on Monday on listing plans for its electric-motorcycle division through a blank-cheque company, according to Reuters. The deal, valued at $1.77 billion,...

Pfizer Inc acquires drug developer Arena Pharmaceuticals for $6.7B in cash, adding a prospective treatment for intestine diseases, according to a report by Reuters on Monday. The $100 per share...

Buybacks rebound with companies in the S&P 500 having repurchased record $234.5B in shares in Q3, according to a report by The Wall Street Journal on Sunday. The surge in...

Officials of major American firms are unloading their stock holdings at historic levels ahead of possible adjustments in US tax regulations, WSJ reported. Data from InsiderScore found that a total...

Meta has developed an artificial intelligence technology that can adjust faster to new types of harmful content such as posts against COVID-19 vaccinations, CNet reported. With the Few-Shot Learner technology,...

Fitch becomes the first rating agency to declare that Evergrande’s foreign bonds are in default after the developer failed to make payment, according to a report by FT on Thursday....

American tech giant Apple Inc. scored a victory in its appeal to delay implementation of a federal judge’s order to adjust its App Store, the WSJ reported. The Ninth US...

Italy’s competition watchdog has slapped American retailer Amazon with a historic 1.13 billion euro fine for its supposed market dominance abuse, Reuters reported. The Italian watchdog said it found Amazon...

AstraZeneca’s antibody therapy for COVID-19 has secured an emergency use authorization (EUA) in the United States for pre-exposure prevention of COVID-19, the company announced in a statement. AstraZeneca said its...

Cryptocurrencies are in line to be the “top contender” for a “major correction” next year, according to results of a recent survey of Natixis Investment Managers reported on Bloomberg. Nearly...

American carmaker Tesla Inc. saw a decline in sales of China-made units in November, according to China Passenger Car Association (CPCA) data reported on Reuters. The monthly sales of China-made...