Volkswagen (DE:VOWG_p)'s luxury British automaker Bentley posted record sales of 11,206 cars in 2020 despite the COVID-19 pandemic causing the company's factory to close during the first lockdown in England, as demand in China soared by nearly 50%.
Rarely have two or three companies on their own managed to impact the markets so strongly. Over the past 3 weeks Pfizer, which has jumped by over 18% over the past month and Moderna which has skyrocketed by over 630% since the beginning of the year, have sharply improved market sentiment. Investors are less worried about rising Covid case numbers and lockdowns and are instead looking further ahead, to when the roll out of vaccines can put the coronavirus behind us and growth will return to the economy.
The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to revive their economies.
NEW YORK - As shoppers tuck their final Christmas presents under the tree, U.S. retailers are bracing for a record-setting flood of returns of online gifts bought during the deadly surge in coronavirus cases.
The post-Brexit trade deal reached by the United Kingdom and the European Union goes beyond the EU's so-called "Canada-style" trade accord, the BBC said on Friday, citing what it said was a full copy of the accord.