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McDonald’s to make its own ‘McPlant’ items, hits faux meat maker Beyond Meat

Burger chain McDonald's Corp said it would debut its own plant-based meat alternatives called "McPlant" in 2021, ending speculations over who the world's biggest restaurant chain would partner with in a new frontier for the fast food industry.

Markets

General Motors to add 3,000 tech jobs

U.S. automaker General Motors Co said on Monday it would hire 3,000 employees across its engineering, design and IT divisions to increase diversity and contribute to its electric vehicle platform.

Markets

India’s antitrust body orders investigation into Google payments app, in-app billing

India's antitrust body on Monday ordered an investigation into allegations that Alphabet Inc's Google was abusing its market position to promote its payments app as well as forcing app developers to use its in-app payment system.

Markets

Zoom to enhance security as part of proposed US settlement with FTC

Zoom Video Communications Inc must implement a new information security program as part of its proposed settlement with U.S. regulators over user privacy issues, the Federal Trade Commission said on Monday.

Markets

Corporate America says it is ready to work with Biden

Corporate America says it is ready to work with President-elect Joe Biden, hoping for quick action on a new round of COVID-19 relief and infrastructure spending.

Markets

US consumers’ views on labour market mixed, New York Fed survey shows

US consumers reported mixed feelings about the labour market in October as the outlook for unemployment improved but the perceived odds of finding new work after losing a job dropped to a six-year low, according to a survey released on Monday by the New York Federal Reserve.

Markets

Trading volumes surge as COVID-19 vaccine hopes spark rush to invest

Trading volumes on retail platforms surged after the first successful data from a large-scale clinical trial of a coronavirus vaccine caused a stampede to buy up stocks.

Markets

Fiat, Peugeot unveil Stellantis logo in further step towards merger

Fiat Chrysler and PSA on Monday unveiled the logo of Stellantis - the company resulting from their planned merger - in what the two car makers described as a further step towards the finalisation of the deal.

Markets

EU hits US with tariffs, while hoping Biden will bring better ties

The European Union will start applying tariffs on imports of US$4 billion of U.S. goods from Tuesday following an award from the World Trade Organization in case on subsidies for planemaker Boeing , EU trade chief Valdis Dombrovskis said on Monday.

Markets

Wall Street breaks records at open on COVID-19 vaccine news

NEW YORK: US stocks surged higher at the open on Monday (Nov 9), with all three major indices breaking records after Pfizer announced that its vaccine was 90 per cent effective in protecting against COVID-19 infections. About five minutes into the trading session, the bellwether Dow Jones ...

Markets

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