Oil prices rose in early trade on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw down crude stocks.
German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand's China chief Werner Eichhorn said on Wednesday.
World Wide Web inventor Tim Berners-Lee says Australia's plan to force digital giants to pay media outlets for news content is "unworkable" and undermines a "fundamental principle" of the Internet.
Netflix Inc beat Wall Street estimates for holiday quarter paid subscriber additions on Tuesday, as its originals like "Bridgerton" and "The Queen's Gambit" helped attract more viewers sheltering at home due to fresh COVID-19 restrictions.
Walt Disney Co said on Tuesday it had eliminated performance-based bonuses last year for top executives, including Executive Chairman Bob Iger, as the media company looks to soften the impact of the COVID-19 fallout.
Investors in Asian markets were poised for gains on Wednesday after Wall Street indexes rose on the back of U.S. Treasury Secretary nominee Janet Yellen's push for a sizable fiscal relief package in response to the COVID-19 pandemic.
The U.S. Small Business Administration said on Tuesday it has approved over US$5 billion in small business relief loans in the first week since reopening the Paycheck Protection Program under a new round of federal funding.
Netflix Inc beat Wall Street estimates for holiday quarter paid subscriber additions on Tuesday, as its originals like "Bridgerton" and "The Queen's Gambit" helped attract more viewers sheltering at home due to fresh COVID-19 restrictions.
The incoming administration of U.S. President-elect Joe Biden is considering creating a White House position to focus on competition policy and issues relating to antitrust, two sources familiar with the situation said.
