What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
World stocks hit another record, crude up in big data week
Global stocks again hit record highs and oil rose on Tuesday, before European and U.S. data that should this week offer major clues on the health of the world economy.
Monde Nissin bets on meat alternatives following record $1 bln Philippine IPO
Philippine food maker Monde Nissin Corp (MONDE.PS) is pinning its future on the fast-growing alternative meats business on the back of a 48.6 billion pesos ($1 billion) initial public offering (IPO), which marked the country’s largest-ever listing.
Is it all Greek to you? Coronavirus variants get new names
Coronavirus variants with clunky, alphanumeric names have now been assigned the letters of the Greek alphabet to simplify discussion and pronunciation while avoiding stigma.
KKR, CD&R take data analytics firm Cloudera private for $4.7 bln
Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private for $4.7billion, the cloud-based data analytics company said on Tuesday.
Australian banks, led by CBA, set to return record $15 bln cash to investors
Australia’s big banks are likely to return a record $15 billion or more of cash to investors over the next two years, with investors betting Commonwealth Bank (CBA.AX) will move first and helping drive shares of the top lender to all-time highs.
ProSieben CEO: better off alone but open to merger interest
The chief executive of ProsiebenSat.1 Media (PSMGn.DE) said on Tuesday he was aware of the interest of international media companies in merging with the German broadcaster, and would not close his mind to any reasonable idea.
Cathay Pacific to recruit more local pilots despite plunge in travel demand
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) has resumed recuiting pilots with residency rights in the territory as part of medium- to long-term planning, the airline said on Tuesday, despite having much of its fleet parked due to the pandemic.
Australia c.bank holds rates as economy charges ahead
Australia’s central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy stance even as data showed the country’s economic output was above its pre-pandemic level and house prices were shooting through the roof.
UK house prices jump by 10.9%, could speed up further- Nationwide
British house prices jumped by an annual 10.9%, the most innearly seven years, and they look set to accelerate further as people seek new homes after the pandemic, mortgage lender Nationwide said.
