Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
Wall Street Journal-owner News Corp said on Tuesday it was evaluating options for its News America Marketing (NAM) business, including a potential sale.
After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics.
Kellogg Co said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets.
Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.
Renault's alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire's priority ahead of any further consolidation with the likes of Fiat-Chrysler, he said on Tuesday.
Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.
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