Business
Pandemic Motors: Europeans Snap Up Old Cars To Avoid Public Transport
Want a cheap used car to nip around town without running the gauntlet of coronavirus on public transport? Welcome to Pandemic Motors, we have just what you need.
Amazon Workers At German Warehouse To Strike Again
Trade union Verdi on Sunday called on workers at a German Amazon warehouse to strike for the second time in a week to disrupt the processing of orders following the 'Black Friday' discount shopping sales on Nov. 27.
British, Irish Prime Ministers Discuss EU Trade Negotiations
British Prime Minister Boris Johnson spoke with Irish Taoiseach Micheal Martin on Friday evening and discussed progress in UKEU trade negotiations, the UK government said, at a time when differences remained with the EU on a Brexit trade deal.
Japan Ruling Party Calls For Major Green Investment In Draft Plan
Japan's ruling party will call on the government to promote environmental investment with a major decadelong spending programme for the country, whose Prime Minister Yoshihide Suga has made a green society a key policy priority.
Ethiopian PM Tells African Envoys He Will Protect Civilians In Tigray
Ethiopian Prime Minister Abiy Ahmed's government will protect civilians in the northern region of Tigray, he told African peace envoys on Friday, a day after he announced the military was beginning the "final phase" of an offensive there.
Amid Pandemic, Earlier Promotions, Black Friday Takes New Shape
From Walmart Inc to Best Buy, retailers have overhauled Black Friday shopping, with some assigning clerks in orange vests to serve as traffic cops, taking shoppers' temperatures and offering "grabandgo" merchandise, including toys, bikes and kitchen appli...
Blackstone, Carlyle, Others Line Up Initial Bids For FANCL Asia Business - Sources
More than 10 entities, including buyout firms Blackstone and Carlyle, have lodged bids for skincare brand FANCL's Asia business outside Japan valuing it at close to $1 billion, said people with direct knowledge of the matter.
Analysis: German Stimulus Fails To Turn Anxious Savers Into Big Spenders
German consumers remain gloomy ahead of the traditionally bigspending Christmas season and a temporary reduction in sales tax worth up to 20 billion euros has failed to get them into shops or online even when companies have passed it on.
AstraZeneca CEO Says Co Likely To Run New Global Trial On COVID-19 Vaccine - Bloomberg News
AstraZeneca Plc is likely to run an additional global trial to assess the efficacy of its COVID19 vaccine, according to the company's Chief Executive Pascal Soriot, Bloomberg News reported on Thursday.
Cleaning Up: COVID-19 Vaccine Will Not Derail Disinfectants Market, Industry Exec Says
Vaccines against COVID19 will take some steam out of the market for hygiene products, but demand will remain above prepandemic levels as frequent handcleaning is here to stay, an executive at Ecolab, a leading firm in the sector, said on Thursday.
EU Fines Teva, Cephalon For Pay-for-delay Drug Deal
The European Commission has fined pharmaceutical company Teva and its now subsidiary Cephalon 60.5 million euros ($72 million) for agreeing to delay a cheaper generic version of Cephalon's sleep disorder medicine.
New Broom At UK Financial Watchdog Starts Sweeping Changes
The new boss of Britain's Financial Conduct Authority has begun a rootandbranch internal shakeup just over a month before the country's full departure from the European Union will give the watchdog new rulemaking powers.
All You Need to Know About Ways to Avoid Tax Deducted at Source
One of the best ways to avoid getting your salary cut is by investing in eligible tax-saving schemes. One should try and claim as much of tax benefits as possible under Section 80C.
Global Shares Mostly Rise After Wall Street's Pause
Global shares were mostly higher Thursday, although Wall Street had taken a pause from the market optimism underlined in a recordsetting climb earlier in the week.
Rupee Rises 7 Paise to 73.84 Against US Dollar in Early Trade
At the interbank forex market, the domestic unit opened at 73.85 against the US dollar, and gained ground to touch 73.84 against the greenback, registering a rise of 7 paise over its previous close.
Asian Shares Advance As Vaccine, Recovery Hopes Triumph Soft U.S. Data
Asian shares advanced on Thursday as markets' euphoric mood over COVID19 vaccines and the prospects of more political predictability and economic stimulus under the incoming Biden administration overrode a slate of weak U.S. economic data.