FILE PHOTO: The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo(Reuters) – General Motors on Tuesday reported a 4.8% rise in U.S. auto sales for the fourth quarter, boosted by demand for new vehicles during the COVID-19 pandemic. The U.S. automaker said its sales rose to 771,323 units from 735,909 units a year […]
Read moreMADRID/GRAN CANARIA (Reuters) – International tourist arrivals in Spain fell 90% year-on-year in November, official data showed on Tuesday, after authorities imposed new travel restrictions to curb an increase in coronavirus infections. Over the first 11 months of the year, some 19 million foreign tourists visited Spain, around 78% fewer than in the same period of 2019, the National Statistics […]
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Dear Readers, As if 2020 wasn't enough of a rollercoaster ride, US stocks started 2021 with their worst day in months. Even with new stimulus measures finally passed, traders appear worried that spiking virus cases will hamper the economic recovery everyone is banking on. That has experts of all sorts theorizing about what could cause an unexpected market downturn that […]
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AL-ULA, Saudi Arabia (Reuters) -Saudi Arabia’s Crown Prince Mohammed bin Salman opened a Gulf Arab summit on Tuesday by taking aim at Iran and lauding a deal towards ending a long-running dispute with Qatar. Prince Mohammed embraced Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, on the airport tarmac in the historic Saudi city of al-Ula, an important signal of hopes […]
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LONDON (Reuters) – Britain offered a 4.6 billion pound support package for businesses on Tuesday to soften an expected recession caused by a surge in COVID-19 cases that has prompted a third national lockdown.Slideshow ( 5 images )Prime Minister Boris Johnson announced the lockdown on Monday, saying a highly contagious coronavirus variant risked overwhelming the health service within 21 days. […]
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TOKYO (Reuters) – The dollar fell against major peers on Tuesday as China raised its official yuan exchange rate by the biggest margin since abandoning its peg in 2005, which helped support demand for other units.FILE PHOTO: U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS/Chris […]
Read moreHONG KONG/BEIJING (Reuters) – China has said it would revoke the licences of two human-rights lawyers involved in the case of 12 Hong Kongers whom mainland authorities arrested at sea and accused of trying to flee to Taiwan, according to the two lawyers. One of them, Ren Quanniu, said mainland authorities warned him in September, telling him that taking on […]
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FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 4, 2021. REUTERS/Staff(Reuters) – European shares edged up on Tuesday, lifted by oil and retail stocks, while investors looked past a new national lockdown in Britain to contain a surge in coronavirus cases. The pan-European STOXX 600 index was up 0.1% […]
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BENGALURU (Reuters) -Indian shares retreated from record highs on Tuesday, dragged down by market heavyweight Reliance Industries, and tracking broader Asia amid concerns about Senate runoffs in the U.S. state of Georgia.A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 26, 2016. REUTERS/Shailesh Andrade/FilesBy 0441 GMT, the blue-chip NSE Nifty 50 index […]
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