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PSA Boss Sees More Auto Deals, And Some Failures, In Electric Shift
The head of Peugeot maker PSA Group expects more consolidation in the auto industry as carmakers invest vast sums to make electric vehicles, he said on Monday, while predicting some wouldn't make it through the coming decade.
Suriname Seeks To Defer Payments On $675 Million In Debt
Suriname's government has asked creditors for a payment deferral on its two bonds, which total $675 million in size, in what analysts said could be a prelude to a broader debt restructuring.
Germany Postpones Decision On COVID-curbs At Schools
Germany's federal government on Monday shelved plans for tougher coronavirus curbs in schools, including smaller classes and compulsory maskwearing, a draft document showed, bowing to opposition from leaders of Germany's 16 states.
Hope He Prioritises NDA's Promise of 19L Jobs: Tejashwi Wishes Nitish Kumar on Being Nominated Bihar CM
Tejashwi Yadav and his RJD have been alleging that the counting process was compromised under pressure by Nitish Kumar.
Gold Slides 1% After Moderna Boosts Vaccine Race
Gold retreated more than 1% on Monday after drugmaker Moderna declared an effective COVID19 vaccine in tests, bolstering hopes for a swifter economic recovery and accelerating a shift into riskier assets.
Researchers Find Coronavirus Was Circulating In Italy Earlier Than Thought
The new coronavirus was circulating in Italy in September 2019, a study by the National Cancer Institute (INT) of the Italian city of Milan shows, signaling that it might have spread beyond China earlier than thought.
Israel Economy Strikes Back In Third Quarter After First Lockdown Lifted
Israel's economy put on a blistering burst of growth in the third quarter, expanding an annualised 37.9% as consumer spending, exports and investment took off after being hit hard by the coronavirus pandemic in the first half of the year.
WPI Inflation at 8-month High of 1.48 percent in October on Costlier Manufactured Items
Food inflation in October stood at 6.37 per cent, as against 8.17 per cent in the previous month. The rate of price rise in vegetables and potato remained high at 25.23 per cent and 107.70 per cent, respectively.
Biden To Focus On Plans For U.S. Economy As Trump Presses Long-shot Legal Claims
Presidentelect Joe Biden on Monday will focus on plans for reviving a pandemicbattered U.S. economy as he prepares for his new administration, while President Donald Trump vowed to press ahead with longshot court challenges to the election results.
Pro-cyclicals Expected to Drive-up Recent Market Rally: Report
In financial parlance, pro-cyclical stocks from sectors such as banking, consumer durables, cement, real estate and metals. However, market observers cautioned about an impending correction due to expensive propositions.
Delhi Sees Worst Diwali in 4 Years Due to Firecrackers and Stubble Burning, AQI Touches 'Severe' Category
The records for Diwali during the past year were comparatively low. The AQI was 337 on Diwali and 368 the next day in 2019; while it was 281 on Diwali day and 390 on the next day in 2018.
Construction In Land-starved Hong Kong Shrinks Wild Buffaloes Habitat
Construction activity on one of Hong Kong's largest islands is shrinking the habitat of its wild buffaloes, forcing them to search for food in residential areas, where barbed wire and building waste can injure them.
'We are Not an Effective Alternative Anymore': Kapil Sibal on Congress' 'Hopeless' Bihar Polls Performance
Urging for the adoption of "democratic processes" in the constitution of the CWC, Kapil Sibal said it was not expected for nominated members to start questioning the reasons for the "constant decline" of the Congress in "elections after elections".
Asian Shares Climb After S&P 500 Record, Despite Virus Woes
Shares started out the week on a strong footing after the Standard & Poors 500 hit a fresh high on Friday, with strong robust from Japan and China fueling optimism over economic recoveries even as coronavirus caseloads surpass earlier records.
Merkel, German States Consider Tougher COVID-measures - Document
Germany's federal government and states are considering new COVID19 measures to halt the rise in infections, such as dramatically reducing the number of people at household gatherings and compulsory mask wearing for school students.
Biden Advisers Urge Immediate COVID-19 Action As Infections Mount
U.S. Presidentelect Joe Biden's top advisers on Sunday called for urgent action to address the nation's "deeply alarming" COVID19 epidemic and warned that Republican President Donald Trump's transition delay could further jeopardize the battle against the...