Italian fashion group Prada's sales and profits rebounded at the end of last year from a first-half slump due to the coronavirus pandemic, boosted by a strong performance in China and elsewhere in Asia, and the positive trend has carried on into 2021.
Applications to start new U.S. businesses fell in February even as economic activity picked up amid an improving public health situation, government data showed on Wednesday.
With investors having pumped in billions, it comes as no surprise that pressure for an exit is mounting, say Joel Shen, Leong Chuo Ming and Gabriel Li of Withers KhattarWong.
Shares of Roblox Corp were set for a jump of up to 44per cent in their market debut on Wednesday.
Balkan telecoms and media company United Group is considering switching parts or all of the Huawei equipment that dominates its infrastructure to alternative providers, as it seeks to align itself with the United States government.
Roblox Corp is set to join the ranks of the so-called "meme stocks" such as GameStop at the center of social media-fueled rallies that have gripped Wall Street when the gaming platform becomes a publicly traded company on Wednesday.
England's US$32 billion test and trace system has not made a clear impact on the COVID-19 pandemic, the British parliament's Public Accounts Committee said on Wednesday, decrying the "unimaginable" costs of the programme.
With its striking facade, Palazzo delle Poste in the heart of Milan is one of the more elegant office spaces in Europe, hosting the likes of JPMorgan and Italy's first ever Starbucks outlet.
Goldman Sachs Group Inc said on Wednesday it will invest US$10 billion in an initiative called "One Million Black Women" to support Black women over the next 10 years, focusing on areas including healthcare, job creation and education.
Campbell Soup Co missed Wall Street estimates for quarterly revenue on Wednesday, hurt by declines at its foodservices segment due to the COVID-19 pandemic.
