Americans awoke on Thursday to celebrate a Thanksgiving Day transformed by the coronavirus pandemic, with the Macy's parade limited to a television-only event and many families resigned to meeting on video for turkey dinner.
Business & Financial News, U.S & International Breaking News
World shares hold close to record highs; U.S. markets close for Thanksgiving
Global stocks held near record highs on Thursday, as recent vaccine progress, Joe Biden's U.S. presidential election victory and hopes for further stimulus kept markets bullish.
China wields patriotic education to tame Hong Kong's rebellious youth
Cua Chiu-fai is on a mission to rid Hong Kong's classrooms of what he sees as poisonous anti-China bias. His soldiers: mainly parents. He has recruited hundreds of mothers and fathers to monitor and report on teachers deemed guilty of filling their students with hate for China and urging them to take to the streets in protest.
Disney increases planned layoffs to 32,000 as virus hits park attendance
Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.
Turkey does not expect U.S. sanctions over Russian S-400s under Biden
Turkey does not expect ties with the United States to be strained under President-elect Joe Biden and does not anticipate sanctions over its purchase of Russia S-400 defence systems, a senior official in President Tayyip Erdogan's AK Party said.
Ethiopia to launch 'final phase' of offensive in Tigray region, says PM
The Ethiopian military will begin the "final phase" of an offensive in the northern Tigray region, Prime Minister Abiy Ahmed said on Thursday, after an ultimatum expired for Tigrayan forces to surrender.
Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk
Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the U.S. firm diversifies production to minimise the impact of a Sino-U.S. trade war.
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