German airline Lufthansa has reached a new deal with trade union Verdi to cut 200 million euros in costs in return for making no compulsory redundancies up until March 2022, the trade union said on Wednesday.
A U.S. official said on Wednesday that Chinese surveillance of the world through 5G technology was like Big Brother in George Orwell's novel 1984, as he urged Brazilian companies not to buy equipment from China's Huawei Technologies Co Ltd.
U.S. stock investors have expressed concerns that President Donald Trump's effort to contest the U.S. election without evidence could roil markets temporarily, but few appeared seriously worried that challenges to the results will succeed.
China's Alibaba said on Wednesday orders on its e-commerce platforms during the Singles' Day shopping extravaganza hit a record 498.2 billion yuan (US$75.1 billion).
Two Indian-crewed merchant ships carrying Australian coal have been stuck at Chinese ports for several months, union officials said Wednesday, with the sailors becoming the latest casualties of escalating tensions between Canberra and Beijing.
Wall Street's main indexes were set to open higher on Wednesday as signs of a working COVID-19 vaccine raised hopes of a faster-than-expected economic rebound, with technology stocks bouncing back from steep losses this week.
Flying taxi startup Lilium will set up its first U.S. hub near Orlando, putting more than 20 million Floridians within range of the winged electric aircraft that can take off vertically and cover 300 km (185 miles) in a single one-hour hop.
Facebook Inc expects that its post-election ban on political ads will last another month, according to an email the social media company sent to advertisers on Wednesday.
European Union lawmakers have backed a small trade deal with the United States to remove EU tariffs on U.S. lobsters following Democrat Joe Biden's victory in the U.S. presidential election.
Pfizer Inc Chief Executive Officer Albert Bourla has sold stake worth US$5.56 million, according to a regulatory filing that showed the sale was made on Monday, the same day the drugmaker reported positive data on its experimental COVID-19 vaccine.
