S&P said on Wednesday it has upgraded its credit rating on telecom gear maker Ericsson to 'BBB-' with a stable outlook following a solid improvement of free cash flow.
U.S. politicians are behaving like children by not passing a new stimulus bill that could help Americans whose income has been wiped out by the coronavirus pandemic, JPMorgan Chase & Co Chief Executive Jamie Dimon said on Wednesday at a New York Times conference.
Social media giant Twitter Inc has apologised to an Indian parliamentary panel for showing a northern Himalayan region as part of China, promising to make corrections by month-end, the panel's chief said on Wednesday.
Global debt is expected to soar to a record US$277 trillion by the end of the year as governments and companies continue to spend in response to the COVID-19 pandemic, the Institute of International Finance said in a report on Wednesday.
Global debt is expected to soar to a record US$277 trillion by the end of the year as governments and companies continue to spend in response to the COVID-19 pandemic, the Institute of International Finance said in a report on Wednesday.
Investors are pouring money into green funds, banking on a Joe Biden presidency in the United States for a further boost to the renewable and alternative energy industry at the expense of traditional oil and gas businesses.
Bugatti President Stephan Winkelmann will also become head of luxury brand Automobili Lamborghini, taking on a double role from December, parent group Audi said on Wednesday.
The French government will continue to support airline company Air France-KLM if necessary, government spokesman Gabriel Attal said on Wednesday.
Swiss investment bank UBS is aiming to net US$5 billion in assets through international expansion of its digital portfolio management system, looking to attract millionaire clients through increased digitalisation.
U.S. stock index futures rose on Wednesday as fresh signs of a COVID-19 vaccine fueled bets of faster economic revival next year, while Boeing surged after it won U.S. approval to resume flights of its 737 MAX jet.
