The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain’s status as Europe’s investment banker.
Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory that will allow it to employ 4,000 more people at the site, state-backed Beijing Daily newspaper reported on Friday.
Stocks suffered their sharpest drop in three months in Asia on Friday and oil tumbled after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar.
Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered to pre-pandemic levels to raise wages by 3% or more at their labour talks next spring, aiming to achieve a virtuous cycle of growth and wealth distribution.
A pledge by a leading Honduran presidential candidate to embrace China and de-emphasize Taiwan ties if she wins Sunday’s election has prompted diplomatic jostling between Beijing and Washington as each seeks to exert influence on the Central American nation.
One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
US President Joe Biden has authorized the release of 50
A surge in coronavirus infections in Germany is weighing on consumer morale in Europe’s largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away its last remaining pillar of growth.
New COVID-19 cases have jumped 23% in the Americas in the last week, mostly in North America where both the United States and Canada are reporting increasing infection rates, the Pan American Health Organization (PAHO) said on Wednesday, warning that the region might be facing a relapse as in Europe.
Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly resilient and a rapid recovery is expected now that most restrictions have been lifted.
The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain’s status as Europe’s investment banker.
Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory that will allow it to employ 4,000 more people at the site, state-backed Beijing Daily newspaper reported on Friday.
Stocks suffered their sharpest drop in three months in Asia on Friday and oil tumbled after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar.
Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered to pre-pandemic levels to raise wages by 3% or more at their labour talks next spring, aiming to achieve a virtuous cycle of growth and wealth distribution.
A pledge by a leading Honduran presidential candidate to embrace China and de-emphasize Taiwan ties if she wins Sunday’s election has prompted diplomatic jostling between Beijing and Washington as each seeks to exert influence on the Central American nation.
One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
US President Joe Biden has authorized the release of 50
A surge in coronavirus infections in Germany is weighing on consumer morale in Europe’s largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away its last remaining pillar of growth.
New COVID-19 cases have jumped 23% in the Americas in the last week, mostly in North America where both the United States and Canada are reporting increasing infection rates, the Pan American Health Organization (PAHO) said on Wednesday, warning that the region might be facing a relapse as in Europe.
Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly resilient and a rapid recovery is expected now that most restrictions have been lifted.
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