The S&P 500 and the Dow were set to open slightly higher on Tuesday, helped by positive earnings updates from a slew of companies including General Electric and Johnson & Johnson, while the Federal Reserve kicked off its two-day policy meeting.
EU competition regulators on Tuesday approved a 2.9-billion-euro (US$3.5 billion) battery project funded by Germany, France, Italy and nine other EU countries, responding to the growing demand for car and industrial batteries in the 27-country bloc.
PepsiCo Inc and Beyond Meat Inc said on Tuesday they would form a joint venture to develop and sell snacks and beverages made from plant-based protein.
More pension funds, insurers and asset managers are outsourcing part or all of their dealing desks to specialist traders as they seek to cut costs and adapt their operations to deal with the coronavirus crisis, industry sources say.
German Chancellor Angela Merkel said on Tuesday she hoped to intensify work with the U.S. President Joe Biden's new administration on minimum taxation of digital companies.
Larry Fink, chief executive of the world's biggest asset manager BlackRock, on Tuesday warned the companies it invests in that they need to show how they will be able to survive in a world aiming for net-zero carbon emissions by mid-century.
Verizon Communications Inc said on Tuesday it added fewer monthly bill-paying phone subscribers than expected during the fourth quarter, as it faced increased competition from rivals T-Mobile US Inc and AT&T Inc.
`When Microsoft Corp reports earnings on Tuesday, investors will be looking for signs that big businesses are still investing in cloud computing, that smaller businesses are starting to recover and whether Xbox sales will be slowed by chip shortages.
General Electric Co reported a better-than-expected free cash flow for the fourth quarter on Tuesday and forecast 2021 cash flow to be about US$2.5 billion to US$4.5 billion, as it benefits from a recovery at its power and renewable energy units.
India has decided to retain its ban on video app TikTok and 58 other Chinese apps after reviewing responses from the companies on issues such as compliance and privacy, two sources with direct knowledge of the matter told Reuters on Tuesday.
