Only Spain - which is outside the top seven - suffered more with a 11.1 per cent fall, although there have been questions about how comparable the global figures are. The United States, the world's largest economy, was projected to surpass its pre-COVID-19 levels this year, she said, well ahead of the euro area. "IMC forecasts growth of 8.1% in China in 2021, vs. [Full Article...]
However, there were signs of the jobs market stabilising. Britain's unemployment rate climbs 5.0 per cent at the end of 2020 due to the implications of coronavirus lockdowns, according to official data. Parts of London have seen the highest percentage falls, followed by north-eastern Scotland. Last week UKHospitality Cymru executive director David Chapman called for the need for "a new and p... [Full Article...]
Worries over the US$1.9 trillion USA stimulus plan rose after it faced opposition from Republicans in Congress. Foreigners were net sellers of 1,976.0 billion won (S$2.3 billion) worth of shares on the main board. Kakao Corp., the operator of the country's most popular mobile messenger app Kakao Talk, went down 2.6 percent, and the most-used search engine Naver dipped 2.0 percent. [Full Article...]
The chip shortage impacts major automakers worldwide. The trade and tech tensions between the US and China over the past two years have highlighted Taiwan's importance in the global supply chain, as semiconductors are the heart and brain of technologies from smartphones and autonomous driving vehicles to space tech. [Full Article...]
Rodney Baker was head of the Great Canadian Gaming Corporation. According to Yukon News , his total annual compensation in 2019 was $10.6 million. A spokesperson with Great Canadian Gaming said the company doesn't comment on personnel matters, but is "doing everything we can to contribute to the containment of COVID-19". [Full Article...]
As part of the company's "Vision80" strategy, Lotus will relocate its two sub-assembly facilities into one central operation in Norwich in order to support higher volumes. The three new models hint at the new generation of sports cars that will follow the Elise , Exige, and Evora. Company CEO Phil Popham previously said that the new auto will be more accessible and have enough interior room for... [Full Article...]
A gauge of sentiment over current conditions fell in January, dragging the Ifo Institute's business climate index down to 90.1. Economists had expected a decline to 91.4 points. After eight consecutive rises of the manufacturing index, it fell this month due to notably less optimistic expectations among manufacturing companies. [Full Article...]
Visit Business Insider's homepage for more stories . In a speech today, less than one week into his Presidency, Biden announced that he plans to replace all federal vehicles in service with domestically-made EVs. "This will be the largest mobilization of public investment and procurement, infrastructure and R&D, since World War II ", said Biden, who was sworn into office on January 20. [Full Article...]
Only Spain - which is outside the top seven - suffered more with a 11.1 per cent fall, although there have been questions about how comparable the global figures are. The United States, the world's largest economy, was projected to surpass its pre-COVID-19 levels this year, she said, well ahead of the euro area. "IMC forecasts growth of 8.1% in China in 2021, vs. [Full Article...]
However, there were signs of the jobs market stabilising. Britain's unemployment rate climbs 5.0 per cent at the end of 2020 due to the implications of coronavirus lockdowns, according to official data. Parts of London have seen the highest percentage falls, followed by north-eastern Scotland. Last week UKHospitality Cymru executive director David Chapman called for the need for "a new and p... [Full Article...]
Worries over the US$1.9 trillion USA stimulus plan rose after it faced opposition from Republicans in Congress. Foreigners were net sellers of 1,976.0 billion won (S$2.3 billion) worth of shares on the main board. Kakao Corp., the operator of the country's most popular mobile messenger app Kakao Talk, went down 2.6 percent, and the most-used search engine Naver dipped 2.0 percent. [Full Article...]
The chip shortage impacts major automakers worldwide. The trade and tech tensions between the US and China over the past two years have highlighted Taiwan's importance in the global supply chain, as semiconductors are the heart and brain of technologies from smartphones and autonomous driving vehicles to space tech. [Full Article...]
Rodney Baker was head of the Great Canadian Gaming Corporation. According to Yukon News , his total annual compensation in 2019 was $10.6 million. A spokesperson with Great Canadian Gaming said the company doesn't comment on personnel matters, but is "doing everything we can to contribute to the containment of COVID-19". [Full Article...]
As part of the company's "Vision80" strategy, Lotus will relocate its two sub-assembly facilities into one central operation in Norwich in order to support higher volumes. The three new models hint at the new generation of sports cars that will follow the Elise , Exige, and Evora. Company CEO Phil Popham previously said that the new auto will be more accessible and have enough interior room for... [Full Article...]
A gauge of sentiment over current conditions fell in January, dragging the Ifo Institute's business climate index down to 90.1. Economists had expected a decline to 91.4 points. After eight consecutive rises of the manufacturing index, it fell this month due to notably less optimistic expectations among manufacturing companies. [Full Article...]
Visit Business Insider's homepage for more stories . In a speech today, less than one week into his Presidency, Biden announced that he plans to replace all federal vehicles in service with domestically-made EVs. "This will be the largest mobilization of public investment and procurement, infrastructure and R&D, since World War II ", said Biden, who was sworn into office on January 20. [Full Article...]