General Motors Co shares jumped on Tuesday to their highest level since the company's post-bankruptcy IPO in 2010, as the automaker announced its entry into the growing electric delivery vehicle business.
LONDON: Sales of luxury cars in China and electric drives in Europe were the two bright spots for European automakers in a 2020 blighted by the COVID-19 pandemic, company updates showed on Tuesday. China's auto industry rebounded swiftly following its shutdown to tackle the COVID-19 outbreak ...
Citigroup Inc reshuffled the leadership in for its U.S. consumer bank on Tuesday, according to a memo seen by Reuters.
REUTERS: General Motors on Tuesday unveiled its Cadillac flying car and electric shuttle concepts in a virtual presentation at the annual CES show. Cadillac also is working on a battery-powered luxury two-seater, said GM design chief Mike Simcoe, as part of GM Chief Executive Mary Barra's ...
THE HAGUE: An online marketplace called "DarkMarket" that sold illegal drugs has been taken down in an operation led by German law enforcement agencies, European police agency Europol said on Tuesday. The market had almost 500,000 users with 2,400 sellers, Europol said in a statement ...
REUTERS: Pfizer Inc expects 2021 earnings of between US$3 and US$3.10 per share, Chief Executive Officer Albert Bourla said at a J.P. Morgan healthcare conference on Tuesday. Wall Street analysts on average expect Pfizer to earn US$3.07 per share, according to IBES data from Refinitiv ...
REUTERS: Email security provider Mimecast said on Tuesday that hackers had hijacked its products in order to spy on its customers. The company said it had been alerted to the attack by investigators at Microsoft and that "a sophisticated threat actor" had compromised the certificate used to ...
The threat of a US$1 trillion U.S. sanctions hit on the Chinese internet giants that have led emerging market stocks to their first record high since 2007 is overshadowing the rally, just as increased scrutiny from Beijing itself squeezes valuations.
General Motors Co staked its claim in the growing electric delivery vehicle business on Tuesday, with Chief Executive Mary Barra outlining plans for its first BrightDrop commercial vans to be delivered to FedEx by year-end.
The Google News Initiative on Tuesday launched a global open fund to fight misinformation about COVID-19 vaccines, worth up to US$3 million.
