The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for economic recovery that resulted in the shortest bear market on record.
Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over US$1 trillion in 2020 and fees for investment bankers in the sector to a record high, data showed.
The U.S. decision to impose additional tariffs on French wines and cognac, which come in addition to a first set of tariffs late last year, will cost the sector a total of over 1 billion euros (US$1.23 billion), the French wine exporters' federation said on Thursday.
When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists and government finance officials expected to persist for years ahead in a 21st Century version of the "Roaring '20s."
The U.S. decision to expand tariffs against the European Union to components for aircraft made in the United States would harm its own workers and consumers and Europe should respond "appropriately", Airbus said on Thursday.
Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday while riskier currencies cruised near 2-1/2-year peaks, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic.
Tesco and Pizza Hut were the two biggest offenders among 139 employers who failed to pay staff the minimum wage between 2016 and 2018, Britain's government announced on Friday after it resumed a policy of publicly naming firms that broke rules.
SINGAPORE: Singapore saw its largest number of visitor arrivals last month since implementing travel restrictions at the end of March to curb the COVID-19 pandemic. A total of 14,676 visitors arrived in Singapore in November, according to data from the Singapore Tourism Board (STB) on Thursday ...
Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence.
1/COVID-19 IN '21
