What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures.</p>
Tesla Inc said on Friday it has started selling Chinamade Model Y sportutility vehicles (SUV) and will deliver them to customers this month, as the U.S. electric vehicle maker expands sales in the world's biggest car market.The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military.
At the interbank forex market, the domestic unit was trading in a narrow range on Friday. It opened at 73.09 against the US dollar and fell to 73.11 against the greenback, registering a fall of 4 paise over its previous close.
In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore.</p>
<p>The broad-based NSE Nifty breached the 14,000 level by rising 38.60 points or 0.28 per cent to 14,020.35 in opening trade.Nissan Motor is planning to further reduce its presence in Europe and outsource the sales and manufacturing of its cars to alliance partner Renault, the daily Yomiuri newspaper reported on Friday.Drugmakers including Pfizer Inc, Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors.U.S. President Donald Trump on Thursday extended a pair of immigration bans that block many "green card" applicants and temporary foreign workers from entering the country, measures he says are needed to protect U.S. workers amid the pandemicbattered economy.Moments after Britain completed its divorce with the European Union, the first trucks hauling goods across the new customs border presented their clearance documents to French agents before loading onto a train to pass through the Eurotunnel.Singapore and Malaysia said on Friday a deal to build a highspeed rail (HSR) link between the two neighbours will be terminated, after a suspension period to negotiate terms of the longdelayed project expired on Dec. 31.
Dinesh Maheshwari's resignation will be effective from Thursday, Future Enterprises, the supply chain and logistics company of the Future group, said in a regulatory filing.After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy recovers from the impact of the coronavirus.After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy recovers from the impact of the coronavirus.U.S. stocks were poised to end a tumultuous year mixed, leaving the three major U.S. equity indexes with solidtospectacular yearly gains despite the economy being upended by the COVID19 virus as investors looked towards a postpandemic world.Benchmark U.S. crude oil for February delivery rose 12 cents to $48.52 a barrel Thursday. Brent crude oil for March delivery rose 17 cents to $51.80 a barrel.U.S. stocks ended a tumultuous year with the Dow and S&P 500 at records, as the three major U.S. equity indexes notched solidtospectacular yearly gains despite an economy upended by the COVID19 virus as investors looked to a postpandemic world.Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic.Stocks that moved heavily or traded substantially Thursday:The S&P 500 and the Dow Jones Industrial Average ended 2020 at more record highs Thursday, closing out one of the most tumultuous years in recent memory.South Korea's exports expanded at their fastest pace in 26 months in December, on robust chip demand and improved global demand, providing additional signals that the recovery is on track despite resurgences in the novel coronavirus.
<p>The order for E&M works for 12×80 MW Polavaram hydro power project in Andhra Pradesh envisages manufacture and supply of India's highest unit-rating Kaplan hydro turbines, the company said.Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, after growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies.Chinas market regulator on Thursday fined JD.com Inc., a unit of Alibaba Group and a third ecommerce outlet on charges of misreporting prices and other offenses amid a campaign to tighten official control over the booming industry.When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists and government finance officials expected to persist for years ahead in a 21st Century version of the "Roaring '20s."Exxon Mobil Corp signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion asset write down.
At the interbank forex market, the domestic unit opened at 73.15 against the US dollar and inched higher to 73.12 against the greenback.Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic.Gold prices fell on Thursday as hopes for an economic recovery next year increased risk appetite, although the precious metal was set to wrap up the year with its best performance in a decade.
SGX Nifty, which acts as an indicator for Nifty50 and Sensex, was trading 4.50 points or 0.03 percent lower at 13,977.00 at 7 am.
After opening on a negative note, the 30-share BSE Sensex was up by 17.84 points or 0.04 per cent at 47,764.06 in morning session.</p>The United Kingdom exits the European Union's orbit on Thursday, turning its back on a tempestuous 48year liaison with the European project for an uncertain Brexit future that will shape the fortunes of its people for generations to come.
According to the Bloomberg Billionaires Index, Zhong's net worth has increased $70.9 billion this year to $77.8 billion, making him the 11th-richest person on earth.Solar stocks dazzled in 2020 and looked set to wrap up a year ravaged by the COVID19 pandemic with tripledigit gains amid a shift in focus to 'clean energy' as the outbreak decimated the global oil industry.
The gold price has been on a decline for two days, amid a stronger rupee, which rose nine paise to 73.33 against the US dollar in opening trade on Wednesday.Red tape, new "smart borders" that don't talk to one another and illprepared traders threaten border chaos, French truckers warned a day before Britain restores a hard frontier with Europe.Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies.The Japanese government has awarded more than 100 contracts over the last decade to two nonprofit groups set up by Dentsu Inc, according to a Reuters analysis of government data, in arrangements that some opposition lawmakers say obscured the role of the advertising giant in winning public funds.U.S. trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraftrelated parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels.Energy and materials companies helped lift stocks modestly higher Wednesday, nudging the Dow Jones Industrial Average to an all-time high.Wall Street ended the session in positive territory and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in a remarkable year of pandemic, recession and recovery.Acadia Healthcare Co., up $1.74 to $50.30.U.S. stocks closed higher on Wednesday as investors looked towards an improving economic outlook in 2021 on the back of COVID19 vaccine rollouts and hopes for even more fiscal support.Wall Street edged higher and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in a remarkable year of pandemic, recession and recovery.
After largely keeping its purse strings in check as the coronavirus pandemic choked businesses and threw millions out of jobs, the Modi government is keen to bring the economy back onto a solid growth path with the budget to be presented on February 1.British Prime Minister Boris Johnson urged parliament to back his postBrexit deal with the European Union and open a new relationship as a "friendly neighbour" with the bloc.
The Chevrolet Corvette and the Porsche 911 are closer competitors than theyve ever been before. Both cars were redesigned for 2020, with big changes for the Corvette and small but effective evolutions for the 911.Gold prices held steady on Wednesday, as Britain's approval of the COVID19 vaccine developed by AstraZeneca and Oxford University drove appetite for risk and a weaker dollar limited bullion's losses in thin holiday trade.
After a volatile session, the 30-share BSE Sensex closed up by 133.14 points or 0.28 per cent at a record high of 47,746.22. The barometer scaled its all-time intraday high of 47,807.85.World stocks edged closer to recent record highs and Asian shares hit a record peak on Wednesday, as investors bet on a strong economic recovery next year, with the upbeat mood pushing the safehaven dollar to its lowest since April 2018.
