covid-19

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

Australian economy likely already slowing in Q2 before Delta downturn

Australia's economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for…

4 years ago

Kroger plans for 1 million Covid-19 booster shots a week, including in nursing homes

U.S. grocery chain Kroger Co (KR.N) is gearing up to administer 1 million COVID-19 booster shots a week once they are available…

4 years ago

S.Korea lifts interest rates from record low as debt threats grow

The Bank of Korea raised its policy rate for the first time in almost three years on Thursday, becoming the…

4 years ago

After summer of stock market highs, signs of unease emerge

Stock markets are heading into September near record highs but the fast-spreading Delta coronavirus variant is making some investors reassess…

4 years ago