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Best Buy expects holiday sales to slow as pandemic rages

Best Buy Co Inc held back from issuing a holiday-quarter forecast on Tuesday, saying it was unsure if a sales boom fueled by demand for remote-work computer equipment was sustainable as the COVID-19 pandemic rages on in the United States.

Markets

Japan and China agree to restart business travel, coordinate on East China Sea

TOKYO: Japan and China agreed on Tuesday (Nov 24) to restart coronavirus-hit business travel this month and to continue talks on disputed isles in the East China Sea, in the first high-level dialogue since Japan picked a new leader in September. The two-day visit to Tokyo by Chinese Foreign...

Markets

Tesla set to breach US$500 billion in market value

Tesla Inc was set to breach US$500 billion in market value on Tuesday, as its shares extended a meteoric rally that has seen the stock gain more than six times this year.

Markets

Goldman Sachs to open Paris stocks hub to avoid Brexit disruption

Goldman Sachs said on Tuesday it will launch a share trading hub in Paris, in the sector's latest move to avoid disruption to customers after Britain's full departure from the European Union next month.

Markets

JPMorgan: 80per cent chance of a Brexit trade deal

JPMorgan has raised its odds of a Brexit trade deal to 80per cent, up from two-thirds, as negotiators from Britain and the European Union try to clinch an accord before the end of the year.

Markets

Tiffany beats profit estimates on soaring China demand

Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70per cent rise in sales in China and a recovery in demand at home.

Markets

Dollar Tree quarterly sales beat on pandemic boost

Dollar Tree Inc beat analysts' estimates for quarterly sales on Tuesday, as the discount store operator benefited from higher demand for affordable groceries and other essentials during the COVID-19 pandemic.

Markets

Best Buy holds off on holiday forecast as pandemic rages

Best Buy Co Inc held back from issuing a holiday-quarter forecast on Tuesday, saying it was unsure if a sales boom fueled by demand for remote-work computer equipment was sustainable as the COVID-19 pandemic rages on in the United States.

Markets

Europe gives Boeing 737 MAX draft approval after near two-year ban

European regulators gave draft approval to Boeing's 737 MAX on Tuesday, paving the way for a formal flight clearance in January after an almost two-year ban caused by fatal crashes.

Markets

South Korean delivery workers say coronavirus boom means relentless toil

South Korea's delivery workers have fallen into what they call a "legal blind spot" and say it's a deadly place to be as the novel coronavirus drives an unprecedented boom in online business.

Markets

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