Coinbase Global Inc, the largest U.S. cryptocurrency exchange, said on Wednesday recent private market transactions had valued the company at around US$68 billion this year ahead of a planned stock market listing.
Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world's second-largest carmaker stepped up its switch to fully electric vehicles.
The booming market in green finance faces a test this year as more investors balk at lofty share price tags even on loss-making companies and a gradual economic recovery from the pandemic boosts returns on conventional energy assets.
Amazon.com Inc is expanding its virtual healthcare service to other Washington-state employers starting Wednesday and to its own employees nationwide this summer, the company said in a press release.
When U.S. President Joe Biden flies to Georgia Friday, he will land in the middle of an increasingly politicized battle between two South Korean electric vehicle battery makers and the state and federal politicians who want to prevent their feud from costing American jobs.
Uber drivers in Britain should receive the minimum wage for the whole time they are logged on to the app, two former drivers said on Wednesday after winning a court battle which could reshape the gig economy.
KUALA LUMPUR: The Malaysian High Court on Wednesday granted budget airline AirAsia X Bhd a three-month restraining order against any legal proceedings that may be filed against it, which could have slowed down its debt restructuring process. "The restraining order allows the creditors an ...
The Federal Reserve has made it clear it is too soon to think about pulling back on stimulus for the pandemic-battered economy, but finds itself stuck between an improving outlook and inflation fears.
Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook.
Vodafone is expected to price shares in infrastructure unit Vantage Towers at 24 euros (US$28.60) each, valuing the firm at 12 billion euros in one of Europe's largest initial public offerings of 2021, bookrunners on the deal said on Wednesday.
