Business

As the Tampa Bay Buccaneers take on the Kansas City Chiefs during Super Bowl 55 in Tampa Bay, Florida, a different kind of action is taking place off the field.

China's aluminium sector must shut dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to keep Beijing on track to meet its carbon pledges, climate think tank Ember says.

The U.S. Justice Department and state of California have ended investigations into Ford Motor Co.'s gas mileage and emissions certification processes.

The Reserve Bank of India kept the repo rate and reverse repo rate unchanged. Here is what these banking terms mean and why they were largely unchanged.

French drugmaker Sanofi pledged more cost cuts to increase margins as it relies ever more on its star eczema treatment to boost earnings, in the face of pressure to come up with a COVID19 vaccine to tackle the global pandemic.

New governor Naci Agbal does not expect Turkey's central bank to begin considering cutting interest rates from 17% until much later this year given upward pressure on already high inflation, and rate hikes are still a possibility, he told Reuters.

Danish brewer Carlsberg on Friday reported fourthquarter sales slightly below expectations and said it expects operating profit to grow between 3% to 10% in 2021.

Filip Forsberg scored in regulation and overtime, and the Nashville Predators beat the Florida Panthers 65 on Thursday night.

A congressional investigation has found levels of arsenic, lead and other toxic metals that can harm brain development in many popular baby foods, including organic brands.

German venture capital firm MIG AG, which was among the first backers of COVID19 vaccine developer BioNTech, has paid 600 million euros ($719 million) to its investors, cashing out parts of an initial investment of 13.5 million euros.

Intercontinental Exchange, owner of the New York Stock Exchange, beat profit quarterly estimates on Thursday, benefiting mainly from the $11billion acquisition of mortgage tech firm Ellie Mae.

Britain's media regulator on Thursday revoked China Global Television Network's (CGTN) licence to broadcast after it concluded that the Chinese Communist Party had ultimate editorial responsibility for the channel.

Deutsche Bank eked out a small annual profit in 2020, its first since 2014, saying on Thursday it had made strong gains at its investment banking division.

Stocks that traded heavily or had substantial price changes Wednesday:

German carmaker Daimler plans to spinoff Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business.

Japan's Toyota Motor Corp plans record high global production of 9.2 million vehicles this year, up about 2% from 2019's precoronavirus output, the Nikkei newspaper reported on Friday.