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Jaguar Land Rover to cut 2,000 jobs globally, full review underway

"We anticipate a net reduction of around 2,000 people from our global salaried workforce in the next financial year," it said

Apple lobbies for India incentives as it plans iPad assembly: Report

Apple assembles a bulk of its iPads in China, but is fast diversifying production to markets such as India and Vietnam

Three bodies found after mishap at ArcelorMittal South Africa steelworks

A coke battery stack at the steel plant collapsed, the company said

Nestle outshines peers thanks to pet food, health products

Nestle proposed hiking its dividend 5 cents to 2.75 francs per share for 2020, its 26th consecutive increase

Nestle FY growth outshines peers thanks to pet food, health products

Full-year organic sales, which strip out currency swings, acquisitions and divestitures, grew 3.6% in 2020, ahead of Nestle's own guidance for "around 3%" and peer Unilever's 1.9% underlying sales

Bharat Biotech pursues Covid-19 vaccine approval in over 40 countries

The company has also entered into an agreement with U.S. drug developer Ocugen Inc for the commercialization of COVAXIN in the United States, which has seen the most number of infections in the world

Credit Suisse posts 22% annual profit decline on back of legal troubles

The poll was compiled before the bank settled a legacy residential mortgage-backed security case for $80 million less than it had previously flagged

US: Dollar buoyed by economic recovery hopes, bitcoin near record $52,640

Stimulus cheques helped U.S. retail sales to rebound sharply in January, while industrial output and producer prices data also provided robust upside surprises

Asian markets eye muted start on economic hopes, Covid pandemic fears

Australia's benchmark S&P/ASX 200 index was down 0.1% in early trading, while Japan's Nikkei 225 futures were up 0.05%

Nasdaq ends lower as investors drop tech cos; inflation concerns weigh

The Dow Jones Industrial Average rose, however, aided in part by gains in shares of Verizon Communications Inc and Chevron Corp

Robinhood, hedge funds, Roaring Kitty defend Gamestop move ahead of hearing

Last month's Reddit rally drove massive volatility in GameStop and other shares, prompting the post-trade "clearing" houses that guarantee trades to call for billions of dollars in collateral

Oil jumps $1/bbl as Texas freeze shut production, prompts US output drop

Oil has been supported by OPEC+ supply curbs, Saudi Arabia's additional cuts and hopes of a demand rebound due to COVID-19 vaccinations

Bitcoin soars to new high above $52,000; sustainability concerns rise

The world's biggest digital currency, with a market capitalization of over $900 billion, hit a record of $52,577.50, fueled by signs it is winning acceptance among mainstream investors and firms

Facebook blocks news content in Australia as it blasts proposed law

The move, announced in a blog post on Wednesday, represents a divergence in responses among the big tech giants under attack by news publishers

News Corp strucks a global news deal with Alphabet's Google

The companies will develop a subscription platform, share advertising revenue through Google's ad technology services, build out audio journalism and develop video journalism by YouTube

Russia rejects European rights court's order to free Alexei Navalny

The decision by the European Court of Human Rights had demanded that Russia free Navalny immediately and warns that failing to do so would mark a breach of the European human rights convention

Several companies freeze operations as severe weather disrupts parts of US

UPS rival FedEx said severe weather was affecting its ability to deliver packages in certain cities

Fed minutes highlight willingness to steer past coming inflation

The Fed made few changes to its policy statement at its last meeting in January, and did not issue new economic forecasts

Oil prices rise 1% as Texas freeze prompts US production drop

By Laila Kearney

Online trading platform Plus500 mulls US expansion after record year

Plus500 is currently available in more than 50 countries, and if it establishes a base in the United States, it could become a rival to the likes of trading app Robinhood