Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
AstraZeneca sold its stake in rival COVID-19 vaccine maker Moderna for roughly $1 billion over the course of last year as the Anglo-Swedish drugmaker cashed in on the meteoric rise in the U.S. company's shares.
U.S. manufacturing activity increased to a three-year high in February amid a surge in new orders, but factories continued to face higher costs for raw materials and other inputs as the pandemic drags on.
Global energy leaders and other luminaries like Microsoft co-founder Bill Gates bored in on the tough road to transforming world economies to a lower-carbon future at the kickoff of the all-virtual CERAWeek conference on Monday.
An American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee Japan were handed over on Monday to Japanese authorities for extradition from the United States, their lawyer told the Associated Press.
Fiat Chrysler Automobiles pleaded guilty on Monday to charges it conspired with company executives to make illegal, lavish gifts to United Auto Workers (UAW) leaders and undermined workers’ confidence in collective bargaining.
Democrats backed down from an effort to use President Joe Biden's $1.9 trillion coronavirus relief bill to raise the minimum wage to $15 an hour without Republican support, but that has not ended hopes of addressing the issue in Congress.
The S&P 500 on Monday was headed for its best day since June 5 as bond markets calmed after a month-long selloff, while encouraging updates on COVID-19 vaccines and fiscal stimulus bolstered bets over a swift economic recovery.
Oil demand is expected to rise over the next decade and the fossil fuel will remain to be a crucial part of the energy mix, even as renewables draw increasing attention, Hess Corp Chief Executive John Hess said at CERAWeek on Monday.
Brazilian food retailer GPA SA's spinoff and Monday listing of its Assai wholesale unit has boosted the combined company's market capitalization by 10%, highlighting the importance of the format to the company's overall growth.
Stock markets rose on Monday, with investors taking lower U.S. bond yields in stride as a sweeping $1.9 trillion U.S. coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine spurred Wall Street's enthusiasm.