Business

COVID Delta upsurge keeps stock and commodity bulls in check

An upsurge in infections of the Delta coronavirus variant capped equity and commodity gains on Monday and kept bond yields just above multi-month lows, though U.S. tech shares that benefited from COVID-linked lockdowns were tipped to open higher.

After U.S. push, EU pauses tax plan, but Ireland sticks to its guns

The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.

Analysis: China’s RRReminder that economies remain fragile

China’s decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors a reminder that even the largest economies are likely to need the occasional pick-me-up while the coronavirus pandemic lasts.

COVID Delta upsurge keeps stock and commodity bulls in check

An upsurge in infections of the Delta coronavirus variant capped equity and commodity gains on Monday and kept bond yields just above multi-month lows, though U.S. tech shares that benefited from COVID-linked lockdowns were tipped to open higher.

After U.S. push, EU pauses tax plan, but Ireland sticks to its guns

The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.

Analysis: China’s RRReminder that economies remain fragile

China’s decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given investors a reminder that even the largest economies are likely to need the occasional pick-me-up while the coronavirus pandemic lasts.

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