Coronavirus

Japan goes nuclear in bid to stay cool during Summer Olympics

Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis…

4 years ago

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19…

4 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

4 years ago

Australia’s Afterpay to launch banking app in October

Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL)…

4 years ago

BlackRock profit beats as assets grow to a record $9.5 trillion

BlackRock Inc (BLK.N), the world's largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money…

4 years ago

U.S. CEO-to-worker pay ratio rose to 299:1 last year -union

The average S&P 500 .SPX chief executive made $15.5 million last year, 299 times the pay of the median worker…

4 years ago

U.S. producer prices post biggest annual gain in more than 10-1/2 years

U.S. producer prices accelerated in June, leading to the largest annual increase in more than 10-1/2 years, suggesting inflation could…

4 years ago

Japan’s Q3 growth forecast cut as new pandemic curbs hit: Reuters poll

Japan's economy will grow at a slower pace than initially expected in the third quarter, as fresh coronavirus emergency curbs…

4 years ago

American Airlines forecasts first positive cash flow since pandemic began

American Airlines (AAL.O) said on Tuesday it expects positive cash flow in the second quarter for the first time since…

4 years ago

Smithfield Foods stops slaughtering pigs at U.S. hometown plant

Smithfield Foods, the world's largest pork processor, has stopped slaughtering pigs in the United States' so-called ham capital, where the…

4 years ago