Shares of video game retailer GameStop tumbled nearly 20 per cent Tuesday to their lowest levels since he start of a retail investor-led surge that echoed across Wall Street.
EU antitrust regulators have suspended their investigation into Aon's US$30 billion bid for Willis Towers Watson while they wait for the U.S. insurance broker to provide data required for the case.
The founder of a New York money manager who authorities said ran a US$1.8 billion fraud resembling a Ponzi scheme that fleeced thousands of investors pleaded not guilty to fraud and conspiracy charges on Tuesday.
Carmaker Volkswagen said on Tuesday that it expects chip supply to remain tight in first half of 2021 but that it would do everything to compensate for delay in production in the second half of the year.
Toyota Motor Corp and longtime supplier partner Denso Corp will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks, the companies said on Tuesday.
Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the latest lawsuit to spring from a scandal over data harvesting.
Boeing delivered an improved 26 aircraft in January, boosted by the clearing of the 737 MAX jet to fly again after a 20-month ban as it also won four new orders for its 747-8 freighters.
Tesla's US$1.5 billion Bitcoin investment unveiled on Monday may not surprise CEO Elon Musk's followers on Twitter, where he has shown himself as a major proponent of the soaring cryptocurrency.
Canadian e-commerce company Shopify Inc said on Tuesday it would expand its payment option, "Shop Pay," to all users choosing to sell on Facebook and Instagram.
The U.S. retail stock trading phenomenon driven by the WallStreetBets Reddit forum is fuelling a copycat trading boom in Europe, bank and brokerages said.
