Coronavirus

Analysis: Debt in a warm climate: coronavirus and carbon set scene for default

Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says…

4 years ago

Kuwait’s economic makeover under threat as small businesses fight for life

Thousands of small and medium Kuwaiti businesses could go to the wall after being walloped by the pandemic, potentially torpedoing…

4 years ago

Asian shares fall as Delta fears eclipse Wall Street uptick

Asian shares failed to follow a strong close on Wall Street with fears about the spread of the Delta variant…

4 years ago

Oil prices drop as IEA warns of slowdown in demand recovery

Oil prices declined on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the…

4 years ago

Australia’s NAB posts 10.3% rise in cash profit, upbeat on outlook

National Australia Bank Ltd (NAB.AX), the country's No. 3 lender, said on Thursday its third-quarter cash profit rose 10.3% as it…

4 years ago

Analysis: Peak OPEC? Climate-focused production shift to pile pressure on pact

Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told Reuters, potentially giving…

4 years ago

Analysis: Shoots of greenflation spring new challenges on portfolio managers

From container ships to cardboard, tighter environmental regulations are stoking shortages and price spikes as 'greenflation' takes a grip, adding…

4 years ago

EXCLUSIVE Great Wall Motor to shift some India investment to Brazil after approval delays -sources

Great Wall Motor (601633.SS) has decided to re-allocate to Brazil a portion of its $1-billion investment in India, as the Chinese automaker…

4 years ago

MARKETMIND The price of U.S. recovery

One way or another, Wednesday's U.S. July inflation print could prove key for markets torn between strong data that suggests…

4 years ago

Dutch bank ABN Amro resumes dividend payments as Q2 net profit beats

Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would resume dividend payments as an economic recovery in the Netherlands had…

4 years ago