Merkel’s push for German lockdown reportedly blocked as death toll passes 100,000
Germany’s death toll has now surpassed 100,000 but the country’s incoming, new coalition government is resisting a lockdown, for now.
Financial News
Investors are going wild over a Dutch chip firm. And you’ve probably never heard of it
The 37-year-old company is the only firm in the world capable of making the highly-complex machines that are needed to manufacture the most advanced chips.
Market is ‘one more bad inflation report’ away from a correction, Wharton’s Jeremy Siegel warns
Long-term market bull Jeremy Siegel warns the Federal Reserve will likely take a more aggressive approach to fighting inflation within weeks.
Stocks may be entering an optimal period in the Thanksgiving holiday week
If history is a guide, the market should do well in the upcoming Thanksgiving holiday week.
India’s fastest start-up to hit billion-dollar status is already profitable, says founder
Indian start-up Mensa Brands, which has catapulted to billion-dollar unicorn status in just six months, is already profitable and on course for further growth, founder Anath Narayanan has told CNBC.
Chinese Tesla rival Xpeng unveils new electric SUV aimed at international markets
The company also said the car is designed for international markets. Xpeng began shipping its flagship P7 sedan to Norway this year, its first overseas market.
Evergrande shares slip after deal to raise $273 million in a business sale
China Evergrande is set to raise about $273 million by selling its remaining shares in film production and streaming company HengTen Networks, a filing said.
U.S. sanctions will still have an impact despite the rise of crypto, Treasury’s Adeyemo says
Deputy Treasury Secretary Wally Adeyemo said on Tuesday the U.S. dollar will continue to be the world’s dominant currency despite interest in cryptocurrencies.
Bitcoin drops nearly 7% toward $60,000 as major cryptocurrencies plunge
Bitcoin and other cryptocurrencies including ethereum fell sharply on Tuesday retreating from near-record highs.
Oil and gas will be in the global energy system ‘for decades,’ BP chief says
“It may not be popular … but that is the reality,” Bernard Looney told CNBC on Monday.