Alphabet Inc's Google will invest US$7 billion in offices and data centers across the U.S. this year, down from the US$10 billion last year, and create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic.
France's Renault is projecting that its sales of fully electric and hybrid cars will more than double in 2021 from a year earlier, two sources close to the company said, as automakers race to try and gain an edge in the segment.
SAIC Motor Corp, China's largest automaker, said Thursday it plans to begin offering self-driving vehicles in that market in 2022, in partnership with U.S. lidar maker Luminar Technologies.
Nokia has signed a five-year deal with AT&T to deploy a 5G network on the mobile operator's C-Band spectrum in parts of the United States, the Finnish company said on Thursday.
Swatch Group said consumers were willing to splash out on watches in markets where shops are open, in Asia and also the United States, Chief Executive Nick Hayek told an online media briefing on the watchmaker's full-year results on Thursday.
Bank of New York Mellon Corp has invested in Fireblocks, a platform that allows banks and other financial institutes to store, move and issue cryptocurrencies, as the world's largest custodian bank deepens its focus on digital assets.
Nasdaq 100 futures fell more than 1per cent on Thursday as bond yields jumped to 14-month highs after the Federal Reserve pledged to look past inflation for a while and keep monetary policy loose through 2023.
An esoteric bank capital rule has become an unlikely political hot potato for U.S. Federal Reserve Chair Jerome Powell, as the Republican appointee enters the final 12 months of his term under the administration of Democratic President Joe Biden, analysts said.
IT consulting firm Accenture raised its full-year revenue forecast on Thursday and reported second-quarter revenue above analysts' estimates, as more businesses used its digital services to shift operations to the cloud.
