Dollar General Corp indicated the roll out of vaccines and a reopening economy would lead to a bigger-than-expected slowdown from a pandemic-fueled rush for discounted groceries, as it forecast annual sales and profit below estimates.
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13per cent in 2023, it said on Thursday.
The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the US economy is steadily recovering from the coronavirus recession.
Shares of Nikola Corp, hit by a key investor cutting its stake, and Lordstown Motors, targeted by a regulatory inquiry, slumped on Thursday in the latest sign of pressure for once high-flying electric-vehicle makers.
A SINGAPORE-BASED "entrepreneur, coder and angel investor" in blockchain technologies named Vignesh Sundaresan is likely Metakovan, a mysterious buyer that spent US$69 million worth of cryptocurrencies on a piece of digital art.
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.
Alphabet Inc's Google said on Thursday it plans to invest over US$7 billion in offices and data centers in the United States this year.
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.
