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New business jet travelers help fuel order recovery during pandemic

Affluent travelers avoiding commercial flights during the pandemic are helping fuel a recovery in pre-owned corporate aircraft transactions this year and reviving shoots of demand for new planes even as the business aviation industry braces for a slump in 2020 deliveries.

Ant Group to close institutional book of $17.2 billion Hong Kong IPO early - sources

福利网站Ant Group will close its Hong Kong institutional book building a day earlier than planned as it aims to raise about $17.2 billion (13.2 billion pounds) in the city, according to three sources with direct knowledge of the matter.

HSBC to overhaul business model as third quarter profit tumbles 35%

HSBC Holdings PLC on Tuesday signalled it would embark on a transformation of its business model, seeking to flip its main source of income from interest rates to fee-based businesses.

Gulf economies set for steep contractions this year before rebounding - Reuters poll

福利网站The six-member Gulf Cooperation Council faces a steep economic contraction this year before partially rebounding in 2021, with most countries facing sharper declines than previously estimated, a quarterly Reuters poll showed.

U.S. stock market braces for rocky week ahead of contentious U.S. election

福利网站Wall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves about the coronavirus pandemic and fading chances of stimulus.

Oil steadies, but outlook gloomy as coronavirus cases, supply grow

Oil prices eked out small gains on Tuesday after recent sharp losses, but sentiment remained subdued as a surge in global coronavirus cases hit prospects for crude demand while supply is rising.

Nissan to raise output capacity in China by 30% - Yomiuri

Nissan Motor plans to increase its production capacity in China by 30% next year, aiming to tap a recovery in demand in the world's biggest auto market as it seeks to turn around its loss-making business, the Yomiuri newspaper reported on Tuesday.

China launches crackdown on mobile web browsers, decries 'chaos' of information

China's top cyber authority said on Monday it would carry out a "rectification" of Chinese mobile internet browsers to address what it called social concerns over the "chaos" of information being published online.

Asian shares hit by surging coronavirus cases, U.S. stimulus woes

福利网站Asian stocks markets fell on Tuesday as soaring global coronavirus cases and slow progress on a U.S. stimulus deal hammered investor sentiment and took a toll on Wall Street.

China's NEV sales to account for 50% of new car sales by 2035 - industry body

Sales of new energy vehicles (NEV) in China, the world's biggest auto market, will jump to 50% of overall new car sales by 2035 from just 5% at present, the China Society of Automotive Engineers (China-SAE) said on Tuesday.

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More English cities face tightest COVID lockdown rules

福利网站Britain announced wider coronavirus restrictions on Monday which will take the number of people under England's highest category of alert to nearly 8 million, as the government battles a sharp rise in cases.

UK government to fund councils to support free school meals programme - The Telegraph

'Time is very short' Britain says as EU's Barnier heads to London