• J.P. Morgan Chase’s quarterly net profit surged 42%, led by its trading and investment banking activities. Its net banking income increased by 3% to 30.2 billion dollars.
  • Citigroup saw its quarterly profit rise above market expectations but the increase in costs and the decline in revenues of its retail banking activities disappoint.
  • Pfizer will temporarily reduce deliveries to Europe of its COVID-19 vaccine while it increases its production capacity, Norwegian health authorities said.
  • French Finance Minister Bruno Le Maire believes that a takeover of Carrefour by a foreign group would be "a major problem".
  • Wells Fargo is looking for a buyer for its asset management division, Reuters has learned.
  • SAP expects revenues in 2021 to remain stable or even increase slightly, with a slight contraction in operating income.
  • Assicurazioni Generali will present a reorganization plan on January 27.
  • The Goldman Sachs Group is on the lookout for acquisitions to strengthen its Marcus retail banking division, Reuters learned.
  • The shortage of semiconductors for the automotive industry is forcing Daimler to reduce production and working hours at two plants, according to the Handelsblatt.
  • After Huawei, the US attacks Xiaomi, which falls heavily in Hong Kong.
  • General Electric accuses Siemens of stealing trade secrets to win contracts in power generation.
  • Google concludes the purchase of Fitbit but the examination of regulators continues.
  • Canon blazes in Tokyo after better-than-expected preliminary results.
  • Rio Tinto enters the scandium market with the construction of a new plant in Canada.
  • According to Bloomberg, General Motors is considering extending the Corvette catalog to an SUV.
  • Lonza has a new plant in China.