Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on high alert.
Fashion label Gucci will open two flagship stores on Alibaba's online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic.
Barclays' UK director and chair Ian Cheshire is stepping down from Jan 1 2021 to be succeed by Crawford Gillies, the bank said on Friday.
Asian shares slipped on Friday after Reuters reported that the United States is set to add dozens of Chinese companies, including the country's top chipmaker SMIC, to a trade blacklist later in the day.
The union representing workers for General Motors Co in South Korea have voted in favour of a preliminary labour deal with the automaker, an union official told Reuters on Friday.
Retail traders have ridden 2020's stock market rally better than the professionals, with their most popular picks outperforming market indexes and well-resourced investors such as hedge funds.
PARIS: Global demand for coal is set to jump 2.6 per cent next year after a record pandemic-led drop this year, as recovering economic activity will lift use for electricity and industrial output, the International Energy Agency (IEA) said on Friday (Dec 18). Demand for thermal and metallurgical ...
Tesla's grand entrance into the S&P 500 is expected to be preceded by a huge trade, with an unprecedented US$80 billion of the electric car maker's stock changing hands by the end of the session on Friday.
Is it too late to join the Tesla party?
Surging U.S. stocks are stretching equity valuations near their highest levels in years, leaving investors to determine whether the rally signals a coming economic rebound or an asset price bubble in the midst of a global pandemic.
