Traffic jam rates in most cities in the United States dropped off at the peak of the COVID-19 pandemic. People increasingly worked from home. Cities often were considered dangerous because of population density. As the infection rates have declined in many areas of the nation, cars and traffic slowdowns have […]
Marketplace Groupon Inc. (GRPN) reported Friday a profit for the third quarter compared to a loss last year, primarily driven by an increase in North America Local gross billings and lower costs, destine a revenue decline. Adjusted earnings per share and quarterly revenues topped analysts’ expectations. The company also trimmed […]
A top Chinese official gave a rare criticism of the U.S. and Western democracy during a politically significant press conference Friday. The night before, Chinese President Xi Jinping joined the ranks of Mao Zedong and Deng Xiaoping in becoming the country's third leader to oversee the adoption of a "historical […]
Germany industrial production declined unexpectedly in September on supply bottlenecks, figures from Destatis revealed on Friday. Industrial production dropped 1.1 percent on a monthly basis, but slower than the revised 3.5 percent decline seen in August. Economists had forecast a monthly growth of 1 percent. On a yearly basis, retail […]
New Delhi (CNN Business)India’s latest billionaire is a 58-year-old former investment banker whose beauty startup made its blockbuster debut on the stock market this month. FSN E-Commerce Ventures — the parent company of e-commerce site Nykaa, which mainly sells cosmetic products — has surged to a valuation of nearly $14 […]
Asian stocks ended mixed on Friday as investors digested recent policy decisions from the U.S. Federal Reserve and the Bank of England and awaited key U.S. payroll data due later in the day for further clues on the economic outlook. Chinese shares fell sharply amid property market jitters after Kaisa […]
The U.K. has had the unenviable title of having one of the worst Covid rates in the world and cases have soared in recent months, but its fortunes appear to be changing. Less than a month ago, there were dire warnings about the U.K.'s winter. Cases are now falling sharply […]
‘The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market’ BMW India recently logged the sale of its 100,000th car in India, the fastest amongst the German trio of luxury carmakers to reach this milestone, in the 14 years it has been in operation here. […]
‘In the total of black wealth, only 1% or less than 1% constitute cash.’‘So, even if cash is completely weaned out, it impacts only 1% of the black wealth.’ Professor Arun Kumar, the Malcolm Adiseshiah Chair Professor at the Institute of Social Sciences has been a strong critic of demonetisation […]
Graeme Edge, the Moody Blues drummer who co-founded the Rock and Roll Hall of Fame group and stayed with it for more than 50 years, died today. He was 80. His longtime bandmate Justin Hayward posted the news on the English group’s website but offered no details. “It’s a very […]
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