Morgan Stanley posted a 57per cent rise in fourth-quarter profit on Wednesday, as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.
STOCKHOLM: Swedish telecom operators are planning to cover almost the entire country with 5G in the next two to three years after the spectrum auction was conducted by the telecom regulator PTS. The auction, which was delayed twice - once for security review and the second time over a...
Morgan Stanley posted a 57per cent rise in fourth-quarter profit on Wednesday, as the Wall Street bank's trading business benefited from coronavirus-induced volatility in financial markets.
U.S. stock futures neared record highs on Wednesday, as Joe Biden prepared to take charge as U.S. President at his inauguration, while Netflix soared after saying it will no longer need to borrow billions of dollars to finance its TV shows and movies.
Procter & Gamble Co raised its full-year sales forecast for a second time on Wednesday as the consumer products giant benefited from a sustained high level of demand for its home care and cleaning products due to the COVID-19 pandemic.
Daimler AG's Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to consumers to meet targets in Europe and China.
Health insurer UnitedHealth Group Inc said on Wednesday its quarterly profit fell 37.5per cent, weighed by costs related to its programs to make COVID-19 testing and treatment more accessible for its customers.
A former Nissan executive, Paul Willcox, will become the new boss of carmaker Stellantis' British brand Vauxhall, the company said on Wednesday as an investment decision looms for its English car factory.
Devices designed for improving customer marketing and sports performance are now being used in the fight against COVID-19 as companies deploy their technologies to meet new needs during the pandemic.
The European Union hailed Joe Biden's inauguration later on Wednesday as U.S. president as a "new dawn" for Europe and the United States, while insisting U.S. technology companies should be regulated to stop the "dark forces" of hate speech online.
