NEW YORK: Pfizer on Tuesday (Feb 2) forecast sales of about US$15 billion from the coronavirus vaccine that it is making along with German partner BioNTech. The company said it expects total 2021 revenue of between US$59.4 billion and US$61.4 billion. The vaccine was among the first to be...
Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.
Turkey's interior minister on Tuesday condemned protesters at a top Istanbul university as "LGBT deviants" in a statement which Twitter deemed as hateful conduct.
With hedge funds at the center of market drama for the second time in less than 12 months, the GameStop saga is likely to expedite a regulatory review of the ever-larger role non-bank firms play in the financial markets, regulatory experts said.
Invincible (BBCM) and Kim's Place Seafood Restaurant are the first two food and beverage outlets to be charged by the Urban Redevelopment Authority for breaching COVID-19 regulations.
BEIJING: China is expected to use 6 per cent to 7 per cent more electricity in 2021 than last year, the China Electricity Council (CEC) forecast on Tuesday (Feb 2), despite concerns over a new coronavirus outbreak disrupting industrial activity. China, the world's second biggest economy, used 7.51 ...
Ford Motor Co will invest US$1.05 billion in its South African manufacturing operations including upgrades to expand the production of its Ranger pickup truck, the U.S. automaker said on Tuesday.
Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings lost 26per cent and 13per cent, respectively, in early pre-market trading on Tuesday.
LONDON: BP reported on Tuesday (Feb 2) a huge US$20.3 billion net loss for last year, despite a slender fourth-quarter profit, as the coronavirus pandemic ravaged global energy demand. The loss contrasted sharply with net profit of US$4 billion in 2019, the British energy major said, adding that ...
Siemens Energy has received a lawsuit filed by rival General Electric accusing a unit of the German firm of using stolen trade secrets to rig bids for gas turbine contracts and cover up improper business gains of more than US$1 billion.
