Business - Page 254

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Commission disburses €17 billion under SURE to Italy, Spain and Poland

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The European Commission has disbursed a total of €17 billion to Italy, Spain and Poland in the first instalment of financial support to Member States under the SURE instrument. As part of today's operations, Italy has received €10 billion, Spain €6 billion, and Poland €1 billion. Once all SURE disbursements have been completed, Italy will

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Tesla recalling 50,000 cars in China

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Tesla is recalling up to 50, 000 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over potentially faulty and unsafe front and rear suspensions.

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What to expect from Alibaba’S 2020 11.11 global shoping festival

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Global brand recovery will be a key focus of this year’s 2020 11.11 Global Shopping Festival, Alibaba said Tuesday. Alibaba publicly kicked off the world’s largest shopping event with a media event in Shanghai, emphasizing it views 11.11, now in its 12th year, as an important growth driver for domestic and international merchants whose business took

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