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Travel spending by U.S. citizens sank 42%, or $492 billion, in 2020, according to a report by an industry group, amid…
Toyota Motor Corp will cut some production this week at plants in Kentucky, West Virginia and Mexico because of supply chain…
Amazon will expand to Saudi Arabia through increasing its storage capacity by 89 percent with eleven new buildings. The online retail…
Global airline industry body IATA said that the airlines industry needed additional relief measures, and called on governments to stimulate travel…
Germany’s economy is expected to shrink by roughly 2 percent in the first quarter of this year, due to lockdown measures…
Samsung Electronics is unlikely to release its Galaxy Note series smartphones this year to reduce production pressure on the company, according…
LONDON: Uber is giving its U.K. drivers the minimum wage, pensions and holiday pay, following a recent court ruling that said…
Asian stocks fell on Wednesday, tracking Wall Street as investors waited to see if the U.S. Federal Reserve will signal a…
The dollar was little changed to slightly higher on Tuesday in quiet trading, with currencies generally lacking direction as market participants…
Nokia is seeking to dismiss between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs. It…
US retail sales dropped by a seasonally adjusted 3 percent last month, amid bitterly cold weather across the country, the Commerce…
The city of Amsterdam will allow residents of its historic center to offer their homes to tourists again, after a court…