January, 2021

• 2 January

  Tesla’s dominant position in China could be threatened in 2021

  

  Bloomberg Tesla Inc. is coming to the end of its first year selling China-made cars with a commanding position in world’s biggest electric-vehicle market, but Elon Musk shouldn’t rest on his laurels. While Tesla regularly topped monthly premium EV sales tallies in 2020, helped by the sedans churned out from its multibillion-dollar plant opened to much fanfare in Shanghai last …

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December, 2020

• 31 December

  EU, China give political nod to investment deal

  

  Bloomberg The European Union (EU) and China announced the political approval of an agreement to open the Chinese market further to EU investors, marking a major step in talks that began in 2013. The breakthrough in negotiations on an EU-China investment deal signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human …

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• 31 December

  Boeing’s 737 Max returns in US with American Air flight

  

  Bloomberg Boeing Co.’s 737 Max has returned to commercial service in the US, with the first flight since two deadly crashes prompted the longest aircraft grounding in the nation’s history. An American Airlines Group Inc. 737 Max 8 landed at New York’s LaGuardia Airport, arriving slightly ahead of schedule from Miami in the first leg of a round trip. US …

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• 31 December

  Apple loses court battle against security startup

  

  Bloomberg Apple Inc. lost its copyright claims against a Florida company that makes “virtual iPhones” used by security researchers to test for the vulnerabilities to its system. Apple contended Corellium LLC copied the operating system, graphical user interface and other aspects of the devices without permission. It accused Corellium of acting under the guise of helping discover bugs in the …

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• 31 December

  Airbus nears 550 deliveries in year derailed by Covid-19

  

  Bloomberg Airbus SE has handed over close to 550 aircraft in 2020, with three days left to pad its total in a year derailed by the Covid-19 pandemic. The European planemaker is nearing the milestone after tallying 477 deliveries through November, the people said, asking not to be named citing confidential information. The figures are unaudited and will be finalised …

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• 31 December

  Delhi airport says it’s ready for vaccine distribution challenge

  

  Bloomberg Distributing vaccines around India will pose plenty of logistical headaches given the size of the country, its vast population and number of coronavirus cases, now at more than 10 million. For its part, India’s busiest airport is “completely ready” to handle Covid-19 vaccines, according to Delhi International Airport Ltd. Chief Executive Officer Videh Kumar Jaipuriar, but there could be …

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• 31 December

  AirAsia sells stake in India venture to Tata for $38mn

  Bloomberg AirAsia Group Bhd., hit by the coronavirus pandemic that’s decimated passenger demand, is selling its 32.7% stake in AirAsia India Ltd. to its partner Tata Sons Ltd. for about $38 million. The Malaysian low-cost carrier entered into an agreement with Tata Sons, which already owns 51% of the venture, according to an exchange filing. AirAsia Group last month said …

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• 31 December

  Cathay Pacific announces 99% traffic drop

  Bloomberg Cathay Pacific Airways Ltd. carried just 37,815 passengers in November, down 98.6% from a year earlier, and warned that its second-half losses will be significantly worse than the $1.3 billion hemorrhage in the first six months. Average passenger capacity in the second half is only likely to be 8.4% of pre-pandemic levels, compared with 34.3% in the first half, …

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• 30 December

  UK house price growth rises to six-year high

  

  Bloomberg UK house price growth rises to a six-year high in December, rounding off a strong 2020 for the market that defied a wider economic downturn. Values climbed 7.3% from a year earlier to an average of 230,920 pounds ($312,800), Nationwide Building Society said on Wednesday. They increased 0.8% from a month earlier. The housing market has boomed in 2020 …

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• 30 December

  Home prices in 20 US cities see biggest rise since 2014

  

  Bloomberg A measure of home prices in 20 US cities rose in October by the most since 2014 as ultra-low mortgage rates and increased buyer appetite for more space depleted housing inventory. The S&P CoreLogic Case-Shiller index of property values climbed 7.95% from the same month the previous year, data showed. The median forecast in a Bloomberg survey of economists …

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