Standard Chartered posted a higher-than-expected quarterly pre-tax profit on fewer loan impairment costs on Tuesday, as the developing markets-focused lender benefited from a recovery in pandemic-affected areas. Statutory pretax profit for the bank, which generates the majority of its business… Read More ›
Intelligence agencies in the United States would be unable to determine if Covid-19 spread through animal-to-human transmission or spilled from a lab until a breakthrough is made, authorities said, while providing a more detailed version of their investigation into the… Read More ›
The current Covid-19 pandemic in China is spreading quickly, claimed reports quoting information from a health official of the country, as officials urge increased monitoring at border crossings amid rising cases in a northeastern border city caused by the virus… Read More ›
The British supermarket chain Morrisons has to be managed as a separate company while its 7 billion pounds ($9.7 billion) merger deal with Clayton, Dubilier & Rice’s (CD&R) is being reviewed by Britain’s competition regulator, according to the watchdog. CD&R… Read More ›
Finance and health ministers from the world’s 20 largest economies (G20) said on Friday that they will make efforts to guarantee that 70% of the world’s population is vaccinated against Covid-19 by the middle of 2022 and that a task… Read More ›
With Afghanistan facing a severe cash crunch, migration crisis and mass starvation, the Taliban government is pressing for the release of billions of dollars from its central bank reserves. Afghanistan has parked billions of dollars in assets overseas with central… Read More ›
World business leaders want the upcoming United Nations climate summit to address difficulties that have hampered the use of carbon pricing to reduce global emissions, with the goal of enhancing the role of businesses in slowing global warming. After negotiators… Read More ›
The world is “far off track” in limiting increasing temperatures, according to the United Nations, which warned on Monday as it attempted to provide a stark reminder top world leaders of the challenges facing UN climate negotiations in Scotland. Despite… Read More ›
In a significant development, the G7 has agreed on principles revolving around cross-border digital trade cross border flow of data. Britain described the development as a breakthrough which could free up hundreds of billions of dollars of international commerce. Trade… Read More ›
On Saturday, a top party official from the Japanese government said, Tokyo’s economic security strategy will revolve around the two pillars of “strategic autonomy and indispensability”. The comments come at a time when Japan is facing an increasingly belligerent China…. Read More ›
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