“Normal communication” with the United States is being maintained by China on the issue of trade, the Chinese government said on Thursday. This is one of the very few areas where the two largest economies of the world have not… Read More ›
Economy & Finance
Citi Could Soon Offer Bitcoin Futures Trading For Some Of Its Institutional Customers
An increase in demand for services in the cryptocurrency space has now prompted Citigroup Inc to closely consider offering some of its institutional customers the services of bitcoin futures trading, a spokesperson for the bank said earlier this week. After… Read More ›
Asia’s Economic Recovery Stumbles On Fresh Covid-19 Outbreaks
A surge in Covid-19 infections in Asian countries has forced imposition of restrictions again resulting in shops going empty again and factories being forced to close down temporarily which has resulted in loss of momentum in the robust economic recovery… Read More ›
Euro Zone Business Activity Growth Increased Further In August
There was further strength in business activity in the euro zone in August with only a slight decline from tee July number which was a two decade high for any month as more companies and businesses were able to reopen… Read More ›
Covid-19 Surge Hits Japan’s Private-Sector Activity In August, Shows PMI Data
Business in the services sector in Japan slowdown in August at the fastest pace since May last year while factory activity growth in the economy also declined which is reflective of the hit on the economy of the latest wave… Read More ›
Continued Chinese Clampdown Results In Half A Trillion Dollars Being Wiped From China Markets In A Week
The continued crackdowns by Chinese regulators on domestic tech companies hit investors’ confidence – consequently tech stocks of the country hit new lows while Hong Kong’s benchmark index touched an almost 10-month low. Within just a week, the fall in… Read More ›
M&S Makes A Rare Profit Upgrade With Success Of Its New Strategy
The latest turnaround plan of the British retailer Marks & Spencer is showing signs of being able to deliver results as the retailer raised its profits outlook recently following a surge in demand and sale for its food products and… Read More ›
Study Shows Covid-19 Prevented By AstraZeneca’s Antibody Therapy
The new antibody therapy from AstraZeneca could be the answer for those people seeking protection from Covid-198 but respond poorly to vaccines as the therapy has shown evidence of reducing the risk of people developing Covid-19 symptoms by 77 per… Read More ›
48 BHP Male Mine Workers Sacked Over Sexual Harassment And Assaults On Female Co-Workers
At least 48 workers have been fired by BHP over sexual assaults and harassment at the workplace in Western Australia mining camps since 2019, the mining giant said. Intense scrutiny over the treatment of women at their isolated sites is… Read More ›
Maersk Strikes Agreement For Securing Supply Of Green Methanol
The largest shipping company of the world, A.P. Moller-Maersk, has struck and agreement for secured supply of green methanol as the company gets ready to begin operations of its fi carbon neutral container by 2023, the company said. Transportation by… Read More ›
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