Europe's travel recovery stalled at the start of August after a stronger performance in July, as quarantine rules and warnings over rising infection rates created uncertainty and deterred tourists from booking trips abroad.
Wirecard inked a deal to sell its operations in Brazil, its insolvency administrator said on Friday, the first asset of global operations to sell after the company collapsed amid an accounting scandal earlier this year.
JPMorgan Chase & Co is planning to launch its online British retail bank in the first quarter of 2021 under its Chase brand, Sky News reported, citing technology industry sources.
An agreement to sell some of Wirecard's operations in Brazil and Britain has been reached, while the sales process for other divisions of the German payments company is making progress, its insolvency administrator said on Friday.
Toyota Motor Corp on Friday said its domestic vehicle production would be 1per cent higher than initially planned in September, as its plants resume output levels following a steep drop because of the COVID-19 pandemic.
LONDON: British government debt has exceeded £2 trillion for the first time following massive state borrowing as the coronavirus pandemic pushed the UK economy into a record recession, official data showed on Friday. At the end of July, total accumulated debt hit £2.004 trillion (US$2.61 trillion) ...
BERLIN: Germany must take on yet more debt in 2021 to lessen the impact of the coronavirus on the economy, Finance Minister Olaf Scholz said on Friday (Aug 21). "Next year we will continue to be forced to suspend the debt rule and spend considerable funds to protect the...
China will step up efforts to make breakthroughs in key technologies, President Xi Jinping said, according to state TV on Friday.
British Airways is increasingly likely to face strike action this autumn, as the trade union representing cabin crew said that new contracts offered to the airline's remaining staff did not offer enough stability and could cut pay substantially.
JAKARTA: China's Sinovac Biotech has committed to provide up to 40 million COVID-19 vaccine doses to Indonesia's government between November and March, a minister said, as the Southeast Asian nation seeks to secure its supply as cases rise unabated. During a visit to China, Indonesian Foreign ...
