Coronavirus

Zoom’s tepid growth forecast takes shine off billion-dollar quarter

Zoom Video Communications Inc (ZM.O) posted its first billion-dollar revenue quarter but signaled a faster-than-expected easing in demand for its video-conferencing service…

4 years ago

Fed’s Mester not ready to accept recent inflation surge as meeting central bank’s goal

Cleveland Federal Reserve Bank President Loretta Mester said on Monday that the U.S. economy is recovering strongly but she is…

4 years ago

BHP considers making COVID vaccinations mandatory at Australian sites

Global miner BHP Group (BHP.AX) is mulling whether to make vaccinations for COVID-19 mandatory at its workplaces in Australia as the country's…

4 years ago

India’s economy likely rebounded in April-June amid pandemic risks

India's economy likely rebounded in the April-June quarter from a deep slump last year helped by improved manufacturing and in…

4 years ago

Housing affordability to worsen near-term, even as prices cool off

The sizzling pace of house price rises in most major world housing markets since the pandemic began has likely peaked,…

4 years ago

Spain’s Sabadell kicks off new round of layoffs in Spain – union and memo

Spain's Sabadell (SABE.MC) on Monday told its employees it will engage in a new round of layoffs in Spain, according to an…

4 years ago

MapmyIndia targets valuation of up to $817 mln with IPO filing this week – source

MapmyIndia, which powers Apple (AAPL.O) maps in India, will file draft papers for an initial public offering worth 10-12 billion rupees ($136-$163…

4 years ago

Japan’s retail sales extend gains but COVID-19 challenges persist

Japan's retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery,…

4 years ago

Analysis: Powell’s wait-and-see speech reassures some investors

U.S. Fed Chair Jerome Powell's wait-and-see approach in a much-anticipated address on Friday gave investors and market participants some reassurance…

4 years ago

China’s Sinopec posts $6 bln H1 profit on rebounding oil prices, better demand

China Petroleum & Chemical Corp (600028.SS) on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months…

4 years ago