Factory activity in China contracted in November following a fall in employment rates, reduced demands and rising prices weighing on manufacturers, showed a business survey the results of which were released on Wednesday. The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI)… Read More ›
Month: December 2021
Global airlines prepare to deal with Omicron fallout
Global airlines are bracing for a fresh round of volatility following the emergence of yet another COVID-19 variant Omicron which is likely to force them to adjust schedules and destinations at short notice and once again force them to rely… Read More ›
ARK Investment Management purchases 1M twitter shares after Jack Dorsey’s departure
ARK Investment Management purchased more than 1 million shares of Twitter Inc a day after its former CEO Jack Dorsey stepped down from the company. According to the firm’s daily trade report, ARK acquired 1.1 million Twitter shares worth $48.9 million… Read More ›
CDC to announce stricter air travel rules on Thursday
Late on Tuesday, in a statement the Center for Disease Control and Prevention (CDC) said, the United States will require all air travellers entering the country to show a negative COVID-19 test performed within one day of departure, in response… Read More ›