China's young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation even as the world battles its worst economic crisis in decades.
Online sales this November and December are forecast to surge 33% year over year to a record $189 billion, according to data released Wednesday by Adobe Analytics.
Sanofi and GSK's vaccine is further behind in clinical development than some of the front-runners like Pfizer, Moderna and AstraZeneca, which are all in late-stage trials.
The Symani Surgical System just received government approval for wide use in Europe. It enables surgeons to perform some of the most difficult microsurgeries with less complications.
Homebuyer demand had mortgage lenders incredibly busy over the summer, but that may have now peaked. Mortgage applications to purchase a home were essentially flat last week, after falling for four straight weeks before.
Deutsche Bank on Wednesday reported a net profit of 182 million euros ($214 million) for the third quarter, as Germany's largest lender looks to emerge from the coronavirus crisis.
The U.N.'s International Atomic Energy Agency confirmed that Iran is rebuilding an underground advanced centrifuge assembly plant, and that the agency had prior knowledge of the construction.
U.S. Secretary of Defense Mark Esper and India's defense minister, Rajnath Singh, announced the signing of the Basic Exchange and Cooperation Agreement (BECA) between the two countries.
A new remote work program is inviting high-earning travelers and their families to live and work in the Cayman Islands for up to two years. It's one of the few ways people can access the Cayman Islands, since the territory has not reopened to tourists.
As parts of the world brace for a second wave of Covid-19 infections, the economic impact on Asia will likely be "limited" as the region remains resilient, according to a Credit Suisse strategist.
The Facebook, Google and Twitter CEOs released prepared remarks ahead of Wednesday's hearing with Senate lawmakers that warned about negative implications of repealing the liability statute that their business models rely on.