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Europe strikes major investment deal with China despite US concerns
Business

Europe strikes major investment deal with China despite US concerns

London/Hong Kong (CNN Business)Europe has finalized an investment agreement with China that is designed to rebalance trade with the world’s second largest economy, despite US concerns […]

Tesla hit half-million car target in 2020
Business

Tesla hit half-million car target in 2020

New York (CNN Business)Tesla (TSLA) hit its goal of building a half-million cars in 2020, a first for the company, it reported Saturday. The completed deliveries to […]

These businesses were the surprise winners of 2020
Business

These businesses were the surprise winners of 2020

In a year of widespread and often devastating hardships, no business or industry came through 2020 untouched by the Covid-19 pandemic. But for some key […]

Saying goodbye to a wild year for stocks
Business

Saying goodbye to a wild year for stocks

Nobody could have predicted the market mayhem of 2020. Stocks hit record highs at the start of the year, before worries about the coronavirus pandemic […]

Wall Street to kick out Chinese telecom giants
Business

Wall Street to kick out Chinese telecom giants

The New York Stock Exchange (NYSE) said it will delist three Chinese telecommunications firms based on claimed links with its military China Mobile, China Telecom […]

Cognac targeted with tariffs in US-EU trade row
Business

Cognac targeted with tariffs in US-EU trade row

The US will impose new import taxes on some French and German goods as part of a long-running trade dispute. It announced tariffs on aircraft […]

Spent less, saved more: What we bought this year
Business

Spent less, saved more: What we bought this year

People spent less and saved more in 2020 as the pandemic led to shops, pubs and attractions being closed down. Consumer spending was down 7.1%, […]

Bitcoin tops $34,000 as record rally continues
Business

Bitcoin tops $34,000 as record rally continues

Bitcoin’s value surged above $34,000 (£24,850) for the first time on Sunday as the leading cryptocurrency continued to soar. It put the gain this year […]

Department of Labor says no lapse in unemployment benefits for gig workers, long-term unemployed
Business

Department of Labor says no lapse in unemployment benefits for gig workers, long-term unemployed

Despite a delay in signing the most recent piece of coronavirus relief legislation into law, the Department of Labor “does not anticipate” that there will be a […]

2020 was brutal for airlines. Next year could be even trickier.
Business

2020 was brutal for airlines. Next year could be even trickier.

The pandemic-pummeled airlines are retooling for 2021, trying to keep industry jobs on life support while strategically streamlining and dangling rock-bottom rates in the hopes […]

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