Elon Musk, CEO of Tesla Motors, poses during a television interview after his company’s initial public offering at the Nasdaq Market in New York on June 29, 2010. Brendan McDermide | Reuters LONDON – Tesla stock is more expensive than its operations and in the bubble region, according to Vitaly …
Read More »The minister says farmers’ opposition to Kovid could bring back India’s economic recovery
Ongoing protests by the Indian government will not be able to continue indefinitely or it will derail the country’s economic recovery from the Kovid-19 epidemic, an Indian government minister told CNBC on Monday. Thousands of Indian farmers have been protesting for weeks against three agriculture reforms enacted in the law …
Read More »Vaccines and Brexit on the agenda
LONDON – European markets pulled back on Friday as investors watched for a corollary vaccine rollout and a quick deadline for Brexit talks. The Pan-European Stocks 600 fell 0.3% in early trade, with Telecom down 1.7%, leading all sectors and major bosses to slide into negative territory. British Prime Minister …
Read More »Singapore and Hong Kong pushed back the travel bubble, this time out of 2020
Closed departure hall at Hong Kong International Airport Terminal. Miguel Candela | Sopa Images | Light Rocket by Getty Images SINGAPORE – Singapore and Hong Kong have again delayed the start of their bilateral “travel bubble” – officials from both cities said on Tuesday, postponing the plan to 2020. The …
Read More »In November 2020, China officially released its manufacturing PMI
Lingling workers at a factory in Lianyang, Jiangsu Province, China. Stringer | AFP | Getty Images China said Monday that manufacturing activity rose for the ninth straight month in November as the world’s second-largest economy emerged from a recession caused by the coronavirus epidemic. The Manufacturing Facial Manufacturing Purchasing Managers’ …
Read More »