Markets

China's Sinopharm has applied for regulatory approval to launch a COVID-19 vaccine for public use, but nearly 1 million people have already taken experimental shots

7 hours ago   |   Business Insider   |   3 articles

Ng Han Guan/ASSOCIATED PRESS Chinese pharmaceutical giant Sinopharm on Tuesday applied to the country's health regulators to launch its COVID-19 vaccines for public use, based...
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Airlines can expect to bleed up to $157 billion in losses until people fly normally again, making 2020 the worst year in aviation history, industry body IATA says

12 hours ago   |   Business Insider   |   2 articles

Shutterstock/Philip Pilosian Airlines will rack up losses up to $157 billion until borders reopen safely and a vaccine rolls out, the International Air Transport Association...
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Bank of America shares 2 crucial rules for investors to follow as the S&P 500 climbs 6% by year-end 2021

12 hours ago   |   Business Insider   |   2 articles

Reuters Bank of America recently released its 2021 stock market outlook. Strategists led by Savita Subramanian detailed their preferred sectors, key investment themes, and a...
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The stock-market impact of millennial investors has gotten overblown amid declining trading volumes - and it's actually the older crowd that's exerted more influence, JPMorgan says

13 hours ago   |   Business Insider   |   2 articles

Reuters / Lucas Jackson Older retail investors were "partly responsible" for the market's price swings through October and November, while younger traders played "a rather...
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10 things you need to know in markets today

14 hours ago   |   Business Insider

Peter Macdiarmid/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. For the biggest stories in politics...
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Warren Buffett joked he would be 'eating Thanksgiving dinner at McDonald's' if the US government didn't bail out the banks in 2008

15 hours ago   |   Business Insider

Warren Buffett loves McDonald's. "Becoming Warren Buffett"/HBO Warren Buffett faced a fast-food Thanksgiving in 2008 if US authorities didn't save the financial system, he...
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European shares hover around nine-month highs, while gold gets a boost from a weaker dollar and cryptocurrencies slide

15 hours ago   |   Business Insider   |   2 articles

Bull and Bear sculptures outside the Frankfurt Stock Exchange in Frankfurt. Xinhua/Getty Images European shares held around nine-month highs, led by gains in German stocks...
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Minnesota Governor announces $1 million relief grants for tourism industry

Minnesota Governor announces $1 million relief grants for tourism industry

16 hours ago   |   Travel and Tourworld

On Wednesday, Minnesota Governor Tim Walz announced that over $1 million in grants would be made available for the travel and tourism industry in light of the COVID-19 pandemic...
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Bitcoin tumbles by more than $2,000 as cryptocurrency bulls cash in on this month's stellar run

17 hours ago   |   Business Insider   |   2 articles

Reuters/Lucas Jackson Bitcoin fell over 10% on Thursday as cryptocurrency traders cashed in on their Bitcoin holdings that have gained 20% in value this month alone. The...
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Examine the latest Asia Pacific tourism trends and outlook at PATA's first hybrid event

Examine the latest Asia Pacific tourism trends and outlook at PATA's first hybrid event

18 hours ago   |   Travel and Tourworld

The Pacific Asia Travel Association is set to organise its first-ever hybrid event, with the theme “Asia Pacific Tourism Recovery Trends & Outlook”, on Monday, December 7, 2020...
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China reports 21 new COVID-19 cases vs five a day earlier

China reports 21 new COVID-19 cases vs five a day earlier

China reported 21 new COVID-19 cases on Nov. 25, up from five cases a day earlier, its national health authority said on Thursday. The National Health Commission said in a... Read more ...

Korea MICE Bureau Introduces New Support for International Conventions

Korea MICE Bureau Introduces New Support for International Conventions

In response to the prolonged COVID-19 situation, Korea MICE Bureau, under the Korea Tourism Organization , released an updated COVID-19 support program for International... Read more ...

Florida's tourism industry expects growth in 2021

Florida's tourism industry expects growth in 2021

Florida's tourism industry, which is extremely important for its economy, could experience an uptick midway through 2021, although foreign travel will continue to go slow for... Read more ...

Jaguar Land Rover Files To Halt Sales of Volkswagen SUVs Over Terrain...

Jaguar Land Rover Files To Halt Sales of Volkswagen SUVs Over Terrain Response System Similarities

Bloomberg reports that Jaguar Land Rover is seeking to block the import and sale of VW Group SUVs from Porsche, Audi, Lamborghini and Volkswagen. In a claim with the U.S... Read more ...

China reports five new COVID-19 cases vs 22 a day earlier

China reports five new COVID-19 cases vs 22 a day earlier

China recorded five new COVID-19 cases on Nov. 24, down from 22 a day earlier, the national health authority said on Wednesday. All new cases were imported infections... Read more ...

NYC tourism down two thirds with only 23 million people visiting in 2020

NYC tourism down two thirds with only 23 million people visiting in 2020

New York City's tourism is down two thirds as a result of the COVID-19 pandemic, with 23 million people still visited the city in 2020, and experts say it won't recover until... Read more ...

Here's how Swamy Kotagiri, incoming CEO of the US's largest auto parts...

Here's how Swamy Kotagiri, incoming CEO of the US's largest auto parts manufacturer, is using an 'open for business mindset' to lead the company

Magna International Magna International, the largest auto-parts manufacturer in the US and third-largest in the world, named a new CEO in October. Over the course of over 30... Read more ...

UPS And FedEx Can't Get Enough Vans To Keep Up With Deliveries

UPS And FedEx Can't Get Enough Vans To Keep Up With Deliveries

The pandemic is fueling an online shopping boom. Package volumes are hitting record levels for couriers like FedEx and UPS. There are so many packages to deliver the companies... Read more ...

Here's A Test Of Universal Joint Sockets For Those Hard-To-Reach Spots

Here's A Test Of Universal Joint Sockets For Those Hard-To-Reach Spots

Over the past few weeks we looked at tools you can use to find lost bolts and tools to help you remove rounded bolts. This week's tools, universal joint sockets, help you turn... Read more ...

The Inventory's Holiday 2020 Wishlist: All the Stuff You Should Buy Us This Year

The Inventory's Holiday 2020 Wishlist: All the Stuff You Should Buy Us This Year

2020 is a weird year to give gifts and expect anything in return. With the COVID-19 pandemic still in full force-evidently fuller force than before-many businesses have closed... Read more ...