The global economy is expected to expand 4 per cent in 2021 after shrinking 4.3 per cent in 2020, the World Bank said on Tuesday, although it warned that rising COVID-19 infections and delays in vaccine distribution could limit the recovery to just 1.6 per cent this year.
Goldman Sachs Group Inc expects to have all its staff back at their offices by the end of the year as major drugmakers roll out COVID-19 vaccines, Chief Executive Officer David Solomon said in an interview to Bloomberg Television on Tuesday.
MOSCOW/LONDON :Top oil producers are nearing a compromise to hold output steady in February, setting aside a possible increase amid fears that new coronavirus lockdowns will further depress demand, four OPEC+ sources told Reuters on Tuesday.
Procter & Gamble and Billie, which sells women's razors and other body care products, have decided to terminate their planned merger agreement, the two companies said in a joint statement on Tuesday (Jan 5).
Trading volumes on major cryptocurrency exchanges hit a daily record on Monday of over US$68 billion, research showed, highlighting the trading frenzy that has accompanied bitcoin's charge to an all-time high.
General Motors on Tuesday reported a 4.8per cent rise in U.S. auto sales for the fourth quarter, boosted by demand for new vehicles during the COVID-19 pandemic.
Italian fashion group Prada said on Tuesday that it would close 2020 with an operating profit despite the hit from the coronavirus crisis, after revenues and profitability improved markedly in the second half of the year.
Citigroup Inc on Tuesday appointed Lucy Baldwin as global head of its independent research business from April, the bank said in a memo.
Apple Inc said on Tuesday that it had named Monica Lozano, chief executive officer of College Futures Foundation, to its board.
REUTERS: Amazon.com Inc said on Tuesday it bought 11 Boeing 767-300 aircraft, as it looks to quicken delivery with an expanded fleet. The aircraft, including seven from Delta Air Lines and four from WestJet Airlines, will join Amazon's air cargo network by 2022, the online retailer said in a...
