The New York Stock Exchange said on Wednesday it is planning to move forward with the delistings of three Chinese telecom companies, in another U-turn a day after U.S. Treasury Secretary told the NYSE chief he disagreed with its earlier decision to reverse the delistings.
Ford Motor Corp on Wednesday posted a 9.8per cent fall in quarterly U.S. auto sales, partly hurt by lower truck sales during the COVID-19 pandemic.
Amazon.com Inc said on Wednesday it would spend US$2 billion to create affordable homes in regions where three of its major U.S. employment hubs are located.
Britain's competition regulator said on Wednesday it would start an investigation into Nvidia Corp's US$40 billion deal to buy UK-based chip designer Arm Holdings.
Stefan Viertel has assumed a seat on Deutsche Bank's 20-member supervisory board as an employee representative, according to the bank's website.
Drug distributor AmerisourceBergen Corp said on Wednesday it would buy Walgreens Boots Alliance's distribution business, Alliance Healthcare, for US$6.5 billion.
U.S. private companies unexpectedly shed workers in December for the first time in eight months as out-of-control COVID-19 infections unleashed a fresh wave of business restrictions, keeping consumers from restaurants, bars and other services industry establishments.
Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said.
Futures tracking the Nasdaq 100 index fell more than 1per cent on Wednesday as investors priced in the prospect of Democrats winning both races in a Senate run-off election in Georgia that will determine the balance of power in Washington.
Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15per cent amid increasing demand for its burgers.
