South Korea’s factory activity grew at a slower pace in August, as output contracted for the first time in 12 months and demand eased due to surging coronavirus infections across the region and continued supply chain disruptions.
Australian home prices rose at the fastest annual pace since 1989 in August as coronavirus lockdowns weighed more on supply than demand, though months of blistering gains are increasingly putting housing beyond the reach of many.
Frustrated at the pace of Wells Fargo & Co’s (WFC.N) efforts to compensate victims of its sales practice scandals, U.S. regulators have warned they may impose new sanctions on the bank, Bloomberg reported on Tuesday.
Singapore Exchange is preparing to roll out easier guidelines for listings of special purpose acquisition companies (SPACs) in the city-state, which would make it the first major Asian bourse to accept such investment vehicles, four sources familiar with the matter told Reuters on Wednesday.
Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into oil production facilities, ports and refineries.
U.S. consumer confidence fell to a six-month low in August as worries about soaring COVID-19 infections and higher inflation dimmed the outlook for the economy.
The Biden administration plans to make federal lands cheaper to access for solar and wind power developers after the clean power industry argued in a lobbying push this year that lease rates and fees are too high to draw investment and could torpedo the president’s climate change agenda.
Canada’s Conservatives hammered Liberal Prime Minister Justin Trudeau on Tuesday after data showed that the country’s economy unexpectedly shrank in the second quarter and again in July, putting the economy at the center of debate three weeks ahead of a national election.
China on Monday introduced new rules that limit the amount of time under-18s can spend on video games to three hours a week, a move it said was necessary to combat gaming addiction.
German airline Lufthansa (LHAG.DE) will generate positive cash flow this summer, while it should be possible to fully unwind a COVID-19 rescue package in a year’s time, CEO Carsten Spohr said late on Monday.
South Korea’s factory activity grew at a slower pace in August, as output contracted for the first time in 12 months and demand eased due to surging coronavirus infections across the region and continued supply chain disruptions.
Australian home prices rose at the fastest annual pace since 1989 in August as coronavirus lockdowns weighed more on supply than demand, though months of blistering gains are increasingly putting housing beyond the reach of many.
Frustrated at the pace of Wells Fargo & Co’s (WFC.N) efforts to compensate victims of its sales practice scandals, U.S. regulators have warned they may impose new sanctions on the bank, Bloomberg reported on Tuesday.
Singapore Exchange is preparing to roll out easier guidelines for listings of special purpose acquisition companies (SPACs) in the city-state, which would make it the first major Asian bourse to accept such investment vehicles, four sources familiar with the matter told Reuters on Wednesday.
Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into oil production facilities, ports and refineries.
U.S. consumer confidence fell to a six-month low in August as worries about soaring COVID-19 infections and higher inflation dimmed the outlook for the economy.
The Biden administration plans to make federal lands cheaper to access for solar and wind power developers after the clean power industry argued in a lobbying push this year that lease rates and fees are too high to draw investment and could torpedo the president’s climate change agenda.
Canada’s Conservatives hammered Liberal Prime Minister Justin Trudeau on Tuesday after data showed that the country’s economy unexpectedly shrank in the second quarter and again in July, putting the economy at the center of debate three weeks ahead of a national election.
China on Monday introduced new rules that limit the amount of time under-18s can spend on video games to three hours a week, a move it said was necessary to combat gaming addiction.
German airline Lufthansa (LHAG.DE) will generate positive cash flow this summer, while it should be possible to fully unwind a COVID-19 rescue package in a year’s time, CEO Carsten Spohr said late on Monday.
© | All rights reserved.
