Fiat Chrysler said Wednesday it had reached an agreement to settle a criminal probe by US prosecutors into alleged illegal payments to former United Auto Workers (UAW) officials by former company employees.
Christian Klein, CEO of German software group SAP, on Wednesday launched a campaign to encourage customers to move operations to the cloud, a shift that has brought short-term pain to investors but one that he hopes will pay off over time.
Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses.
Google's iPhone apps such as Maps and YouTube will stop using a tool from Apple that allows them to personalise ads, avoiding a new Apple warning that informs users their browsing is being tracked.
Alphabet unit Google on Wednesday (Jan 27) opened a centre to tackle harmful online content, in a move also designed to ease regulatory concerns about how the company and other tech giants police a growing problem on the internet.
U.S. oil major Exxon Mobil Corp is planning to add one or more new board directors and stepping up its sustainability investments, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. (https://on.wsj.com/3t0ev9K)
Rolls-Royce is pushing ahead with its new greener engine UltraFan for now, confident that airlines will need it in the post-pandemic recovery even as new technologies catch up, the head of the project told Reuters.
The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual loss, while declines on the Nasdaq were offset by upbeat results from Microsoft.
International law enforcement agencies said on Wednesday they had dismantled a criminal hacking scheme used to steal billions of dollars from businesses and private citizens worldwide.
Chinese smartphone brands increased their market share in India in 2020, a year marked by deadly border clashes between the Asian neighbours and backlash against Chinese firms in India, research firm Counterpoint said on Wednesday.
