corona virus

BOJ policymaker warns of global impact from chip crunch, Asia factory closures

A shortage of semiconductor chips may persist for the rest of this year if the coronavirus pandemic keeps Southeast Asian…

4 years ago

LVMH shares edge higher as sales and profits rise

LVMH's (LVMH.PA) shares eged higher on Tuesday after the world's biggest luxury goods group posted higher sales and profits, driven…

4 years ago

With $4 billion in losses, Heathrow tells UK: open up travel

London's Heathrow Airport urged Britain on Monday to open up travel to vaccinated passengers after its recovery fell behind Europe,…

4 years ago

AMC, GameStop shares fall to half of their June peaks

Shares of cinema operator AMC Entertainment (AMC.N) and video game retailer GameStop Corp (GME.N) fell sharply on Wednesday and were…

4 years ago

Asian shares lower on U.S. inflation jitters

Asian shares fell on Wednesday after data showing the biggest jump in U.S. inflation in 13 years fuelled some market…

4 years ago

U.S. consumer prices post largest gain in 13 years; inflation has likely peaked

U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in…

4 years ago

Italy’s Ali Group hungry for bigger slice of U.S. fast-food market

Italian family business Ali Group expects its planned takeover of U.S. catering equipment rival Welbilt to boost sales as Americans'…

4 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

4 years ago

London fintech funding soars in first half of the year

Fintech companies based in London raised more funding from venture capital investors in the first six months of 2021 than…

4 years ago

UK faces new debt surge in climate push, early action best – OBR

Britain faces another jump in its 2-trillion-pound ($2.8 trillion) public debt pile to make its economy net carbon zero by…

4 years ago