U.S. private companies unexpectedly shed workers in December for the first time in eight months as out-of-control COVID-19 infections unleashed a fresh wave of business restrictions, keeping consumers from restaurants, bars and other services industry establishments.
Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said.
Futures tracking the Nasdaq 100 index fell more than 1per cent on Wednesday as investors priced in the prospect of Democrats winning both races in a Senate run-off election in Georgia that will determine the balance of power in Washington.
Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15per cent amid increasing demand for its burgers.
WikiLeaks founder Julian Assange was denied bail on Wednesday because a judge said there is a risk he may abscond while the United States tries to secure his extradition from Britain.
British supermarket group Asda on Wednesday urged its customers to shop considerately and not buy more than they normally would after new COVID-19 lockdowns were introduced across the United Kingdom to stem the spread of the virus.
BENGALURU: Indian business-to-business e-commerce startup Udaan has raised US$280 million, it said Wednesday, as it seeks to serve more mom-and-pop businesses that are buying products online in the wake of the COVID-19 pandemic. Udaan said existing investors including Chinese tech giant ...
Britain is to name former Goldman Sachs banker Richard Sharp as the next chairman of the BBC, Sky News reported on Wednesday.
General Motors Co's vehicle sales in China fell 6.2per cent in 2020, as the U.S. automaker suffered a prolonged sales slowdown in the world's biggest auto market.
French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France.
