covid-19

HSBC profit falls on credit charges as economic outlook worsens

HSBC (HSBA.L) has shelved plans for fresh stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as…

4 years ago

Netflix feels the heat as pandemic boom fizzles

Netflix Inc (NFLX.O) shares lost more than a quarter of their value in premarket trading on Wednesday after the company reported its…

4 years ago

Analysis: Wealth shock – property bust in small Chinese cities rattles households

Home owners in small Chinese cities are battling a rare property market downdraft as buyers keep away, eroding the wealth…

4 years ago

Oil dips in volatile trade amid demand concerns, supply disruptions

Oil prices slipped in volatile trading on Tuesday as investors weighed demand concerns against tight global supplies after Libya halted…

4 years ago

OPEC tells EU it’s not possible to replace potential Russian oil supply loss

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst…

4 years ago

Oil rises on OPEC warning and easing of Shanghai COVID curbs

Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC…

4 years ago

Sri Lanka unilaterally suspends external debt payments, says needs money for essentials

Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries…

4 years ago

Oil slides on release of strategic reserves and China lockdowns

Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to…

4 years ago

Analysis: With capital markets jittery, private equity pounces to finance tech buyouts

When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc (PLAN.N) last month,…

4 years ago

Indonesia to impose VAT, income tax on crypto assets from May

Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such…

4 years ago