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Daimler, Geely mull China as production hub for hybrid powertrains

By journey1org November 30, 2020November 24, 2020

Daimler AG DAIGn.DE and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars. Earlier this…

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Business

Deal or no deal

By journey1org November 29, 2020November 24, 2020

1/ STICKY TALKSBritain and the European Union are said to be on the verge of clinching a post-Brexit trade deal that would regulate their relationship after the transition period ends…

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Business

Retailers are eager to hire – if you’re a digital whizz

By journey1org November 28, 2020November 24, 2020

Are you a “user-experience” gun for hire? Well, your time has come. Even as retailers lay off hundreds of thousands of workers globally in response to the pandemic, they are…

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Business

EU digital chief, tech giants call on new rules rescheduled to Dec. 2

By journey1org November 27, 2020November 24, 2020

A video call between the European Union’s digital chief and Alphabet, Apple, Amazon and Facebook to discuss draft rules to curb their powers has been postponed until Dec. 2, an…

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Business

EU digital chief to talk to tech giants over rules to curb their power

By journey1org November 26, 2020November 24, 2020

The European Union's digital chief has invited companies including Alphabet GOOGL.O, Apple AAPL.O, Amazon AMZN.O and Facebook FB.O to video talks next week to discuss draft rules to curb their…

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Business

Investors rush to buy equities, dump gold in vaccine euphoria

By journey1org November 25, 2020November 24, 2020

Investors stormed into riskier assets last week, pumping $27 billion into equity funds as positive COVID-19 vaccine updates led to euphoric buying of shares in worst-hit sectors such as banks,…

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Business

Mnuchin pulls plug on some pandemic lending programs that Fed considers essential

By journey1org November 24, 2020November 24, 2020

U.S. Treasury Secretary Steven Mnuchin said on Thursday that key pandemic lending programs at the Federal Reserve would expire on Dec. 31, putting the outgoing Trump administration at odds with…

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