Facebook, Google Face 'Strong Pipeline' of Privacy Rulings in Europe 

The privacy regulator overseeing Facebook, Google and Apple in the European Union expects to boost its tally of big tech decisions this year-and rejects complaints that its enforcement has been too slow.

Citi Faces Hurdles to Retrieving $500 Million Revlon Goof 

Citigroup, though facing obstacles, still has options to try to recoup roughly $500 million wired by accident to Revlon lenders, legal experts say.

GameStop Shares Soar in Last Hour of Trading 

The stock was halted twice for volatility before finishing at $91.71. It last closed around that level on Feb. 3.

Boeing-FAA Ties Still Flawed After 737 MAX Reforms 

Aviation regulators need to strengthen their oversight of aircraft safety even after reforms undertaken in the wake of the two Boeing 737 MAX crashes, a government report has concluded.

Volvo, Geely Back Away From Merger 

The two auto makers said they would combine their engine and transmissions business after opting not to merge, renewing speculation that Volvo could pursue a public listing.

Israeli Study Finds Pfizer Shot Equally Effective for Young and Old 

The Covid-19 vaccine from Pfizer and BioNTech is equally effective across all age groups, including those over 60, according to a new Israeli study, in a boost of confidence to global vaccine efforts.

Moderna Says New Variant Vaccine Is Ready for Human Testing 

The biotech company has sent the NIH a first batch of doses of its newly designed shot that targets the coronavirus strain first identified in South Africa.

Icon to Buy Clinical-Trial Rival PRA in $12 Billion Deal 

Icon PLC's $12 billion deal to acquire a rival, PRA Health Sciences, would create a contract research powerhouse and expand the role of technology in clinical trials and drug development.

Petrobras Profit Soars on Change to Valuation of Assets 

Brazilian oil company Petróleo Brasileiro SA, or Petrobras, said profit jumped in the fourth quarter as it reversed an impairment it had made because of the drop in the price of oil at the start of the coronavirus pandemic.

Qantas Reports Large 1H Net Loss 

Australia's biggest airline, Qantas Airways, nosedived to a substantial half-year loss as the coronavirus pandemic continued to restrict global travel.


(END) Dow Jones Newswires

February 24, 2021 21:15 ET (02:15 GMT)

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