U.S. Federal Reserve policymakers may soon give new guidance on their plans for asset purchases, including for how long and in what maturities, as they seek to provide more support to markets and the economy, minutes from their November policy-setting meeting show.
U.S. oil major Exxon Mobil Corp said on Wednesday it plans to reduce up to 300 positions in Canada as part of an ongoing cost-cut plan due to a coronavirus-driven slump in oil prices.
Italy and France's Vivendi are trying to work together on Rome's plan for a national broadband network, easing tensions after the media giant complained about an Italian bill potentially curbing its business in the country, sources said.
Tech giants that break new EU rules aimed at curbing their powers could face fines, be ordered to change their practices or even be forced to break up their European businesses, the bloc's digital chief Thierry Breton said on Wednesday.
For an industry that prides itself on bringing people together, it was a particular humiliation for airlines to have to resort to video conferencing for their annual industry meeting this week - and not one they are ready to repeat.
REUTERS: Cloud-based software company Salesforce.com Inc has approached workplace messaging app Slack Technologies Inc with an acquisition offer, a source told Reuters on Wednesday. Salesforce views the potential acquisition as a logical extension of its enterprise offerings, the source said ...
LONDON: Emerging markets have surged on the prospect that coronavirus vaccines will become widely available soon, but analysts think the rally is overplayed given the risks from slower rollouts for some economies that could delay their recoveries. Several vaccines are now close to fruition ...
Renault will stop assembling new cars at its Flins factory outside Paris and turn the site into a research, recycling and repair centre by 2024 in a move set to save full-time jobs at the plant, the company said on Wednesday.
BEIJING: Tesla Inc plans to start manufacturing electric vehicle (EV) chargers in China in 2021, according to a document submitted to the Shanghai authorities by the U.S. firm which is seeking to expand sales in the world's biggest car market. Tesla, which now sells its Model 3 electric cars...
Arianna O'Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February.
