Brazil's market regulator CVM said on Tuesday it has opened a second investigation into the announced shakeup at state-controlled oil giant Petrobras, which triggered a two-day share selloff that wiped more than 100 billion reais (US$18.3 bln) off its value.
Twitter said on Tuesday it had taken down 373 accounts which it said had ties to Russia, Armenia and Iran and had breached its platform manipulation policies.
Federal Reserve Chair Jerome Powell on Tuesday pushed back on suggestions that U.S. central bank support for the economy risked inflating a dangerous asset bubble, insisting the support was still needed and that investors were responding mostly to expectations for a successful recovery.
Online platforms like Robinhood in the United States that offer commission-free share trading to retail investors would be illegal in the European Union, officials from the bloc said on Tuesday.
A consortium of investors led by Italian state lender Cassa Depositi e Prestiti (CDP) is expected to approve a binding offer for Atlantia's 88per cent stake in motorway unit Autostrade per l'Italia on Tuesday, two sources close to the matter said.
Electric vehicle sensation Lucid Motors has set the market alight this week with a US$24 billion blank check deal to list in New York, but it has also sparked concerns among some investors of a short circuit in the valuation of electric vehicle makers.
Top executives at Texas-based software company SolarWinds, digital giant Microsoft and cybersecurity firms FireEye and CrowdStrike are expected on Tuesday to defend their companies' responses to a sprawling series of breaches blamed on Russian hackers when they face the U.S. Senate's Select ...
U.S. bank profits fell 36.5per cent in 2020 from the year prior as banks set aside massive amounts to guard against potential losses, but the industry showed signs of strengthening in the fourth quarter as the economy begins to recover from the pandemic, a regulator reported Tuesday.
Just Energy Group Inc said on Tuesday its storm-battered residential customers in Texas will be protected from higher energy rates for February, a day after the Canadian company raised doubts about its ability to continue as a going concern.
Facebook said on Tuesday it would restore Australian news pages after negotiating changes with the government to a proposed law that forces tech giants to pay for media content displayed on their platforms.
