Business

Chinas sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic but were below previrus levels for the year, an industry group reported Friday.

Airbnb demostr su poder de resistencia en un ao que ha vuelto los viajes internacionales patas arriba. Ahora debe demostrar a los inversionistas que habr ms crecimiento en lo sucesivo.

Britain hailed "VDay" when it became the first country to roll out the PfizerBioNTech COVID19 vaccine. Yet, as first mover, it has also become the first to report cases of adverse reactions, allowing other nations to watch and learn.

Wall Street's main indexes recovered from early losses on Thursday as signs of progress in fiscal stimulus talks overshadowed data showing an increase in jobless claims due to coronavirusrelated business restrictions.

Hong Kong residents leaving the city for good withdrew an aggregate HK$2.285 billion ($294.79 million) from their Mandatory Provident Fund (MPF) pension accounts in the first half of 2020, up 13.6% from the same period a year ago.

This allocation will just be from the Centre, with states and the private sector also budgeting their own expenditure as India prepares for a vaccination drive that could be the largest in the world.

S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing in them as part of a feud with Beijing over technology and security.

DBS Group Holdings, Southeast Asia's biggest bank, is to set up an exchange for digital assets, including cryptocurrencies, that will provide tokenisation, trading and custody services to institutional and accredited investors.

Shares in Germany's HelloFresh jumped almost 8% on Thursday after the food delivery company raised its 2020 sales forecast for a fifth time and said it expected further growth next year.

DoorDash Inc shares popped more than 80% in their debut on Wednesday, valuing the food delivery company at $71.3 billion or more than four times its worth at a private fundraising round six months ago, underscoring investor appetite for technology compani...

U.S. employers advertised slightly more job openings in October but hiring slipped as a resurgence of COVID19 threatens an economy recovery.

German agriculture group BayWa has agreed to sell 49% of its renewable division to Energy Infrastructure Partners AG (EIP) for 530 million euros ($642 million), sending its shares to their highest level in nearly three years.

Japan will extend a housing tax incentive by one year, allowing a deduction for those scheduled to move into a new home by the end of 2022 as part of efforts to ease economic strain caused by COVID19, according to a ruling party tax plan seen by Reuters.

China's new bank loans rose more than expected in November while broad credit growth eased, as the central bank maintained a accommodative stance amid the global pandemic.

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Nestle launched its plantbased Harvest Gourmet brand in China on Wednesday, moving into the country's meat substitute industry that has seen a surge of interest from investors and brands over the past year.