Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China’s Alibaba says post-COVID Singles’ Day sales hit $74 billion
HANGZHOU, China (Reuters) - 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 ($75.1 billion). The worl...
Nov 11, 2020
Portugal’s shoemakers switch from fancy to comfy to survive pandemic
By Catarina Demony and Miguel Pereira FELGUEIRAS, Portugal (Reuters) - Weddings were postponed, cocktail parties cancelled and work events replaced by video calls. With social gatherings severely curt...
Nov 11, 2020
BMW CEO says he is weighing options for mobility JV with Daimler
By Joseph White DETROIT (Reuters) - BMW AG Chief Executive Oliver Zipse said Wednesday he is weighing options for the company's mobility services joint venture with Daimler AG, including bringing in n...
Nov 11, 2020
Air taxi startup Lilium’s first U.S. hub to be in Florida
By Douglas Busvine BERLIN (Reuters) - 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 ...
Nov 11, 2020
American Airlines to start China flights in coming days, U.S. DOT official says
(Reuters) - American Airlines is set to begin flights to China in coming days, bringing the total number of U.S. weekly flights to China to 10 from eight, U.S. Department of Transportation official Da...
Nov 11, 2020
EU lawmakers back U.S. lobster deal after Biden election win
BRUSSELS (Reuters) - 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. presidentia...
Nov 11, 2020
CEO sells stock worth $5.6 million on same day as Pfizer’s COVID-19 vaccine update
(Reuters) - Pfizer Inc Chief Executive Officer Albert Bourla has sold stake worth $5.56 million, according to a regulatory filing that showed the sale was made on Monday, the same day the drugmaker re...
Nov 11, 2020
Markets in V-mode: vaccine hopes, Biden bounce in play
By Ritvik Carvalho and Thyagaraju Adinarayan LONDON (Reuters) - Joe Biden's U.S. presidential election win and a promising vaccine breakthrough have combined to propel global stock markets to record h...
Nov 11, 2020
Alibaba boasts $70.6 billion sales in first post-virus Singles’ Day
HANGZHOU, China (Reuters) - China's Alibaba said orders on its e-commerce platform during the Singles' Day shopping event hit 467.5 billion yuan ($70.6 billion) by Wednesday evening. The world's bigge...
Nov 11, 2020
BMW unveils electric SUV to challenge Tesla, plans U.S. launch in early 2022
By Joseph White DETROIT (Reuters) - Germany luxury automaker BMW AG on Wednesday unveiled an electric sport utility vehicle called the BMW iX, planned to go on sale in early 2022 to compete with Tesla...
Nov 11, 2020
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