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Germany to tighten partial virus lockdown

Bloomberg Germany is moving towards extending and tightening its shutdown restrictions, setting measures that would rein in New Year’s festivities as the country struggles to slow the stubborn spread of the coronavirus. Germany’s regional leaders are proposing that a partial lockdown that was due to run until the end of November is extended until at least December 20. The measures ...

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Shopify sees ‘paradigm shift’ as Black Friday approaches

Bloomberg Shopify Inc expects a banner holiday season as the worsening pandemic encourages more consumers to shop online and buy from the small businesses that sell through its platform. While the pace of growth will likely slow once the pandemic ends, this year’s gains will likely hold up, President Harley Finkelstein said in an interview. The company reported a 109% ...

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Global stocks rally with oil on Covid vaccine progress

Bloomberg Global stocks, US equity futures and oil advanced as AstraZeneca Plc said its vaccine prevented most people from developing Covid-19. Energy and banking shares led markets higher in Europe, while South Korea’s stocks hit a record. Credit Agricole SA climbed 4.2% after agreeing to buy an Italian lender Credito Valtellinese for about 737 million euros ($875 million). Vaccine announcement ...

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