Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump's threat to veto a long-awaited COVID aid package.
BRUSSELS :Britain and the European Union appeared close to clinching a long-elusive trade agreement on Wednesday, raising hopes that they were now set to avoid a turbulent economic rupture on New Year's Day.
WUHAN: It's full house at the Dragon Boat Restaurant on a Sunday night, and a line of diners are waiting to get in. For Mr Wu Cheng, the 28-year-old owner, it's a welcome sight. But while business is improving, crowd levels are only at 70 to 80 per cent...
CHICAGO :American Airlines said on Wednesday it is moving forward with plans to bring back furloughed workers and give them paychecks by Dec. 24, even after President Donald Trump threatened to veto a coronavirus relief bill.
SINGAPORE: China is widely reported to be the first and only G20 economy to recover from the COVID-19 pandemic with growth in 2020. This reverses the shrinkage of its economy by 6.8 per cent in the first quarter of the year due to the initial lockdown reaction to the...
The disruption caused by COVID-19 has set the stage for some big spending this Christmas, say observers.
:Robotics company Nuro on Wednesday received the first-ever permit to commercially deploy its self-driving vehicles in California, allowing the Silicon Valley firm to charge clients for its driverless delivery service.
:The S&P 500 and the Dow rose on Wednesday, while the Nasdaq lagged as investors shifted out of technology and into cheaper sectors that are poised to benefit from an eventual economic recovery.
The European Union and Britain could agree the terms of a post-Brexit trade deal within hours, European sources said Wednesday, as negotiators sought to hammer out the last details.
President Donald Trump's threat late on Tuesday (Dec 23) to veto the US$892 billion coronavirus relief bill approved by Congress this week may delay aid for millions of families on the cusp of eviction and about to lose unemployment benefits.
