covid-19

Disney bullish on parks despite Delta; investors cheer streaming growth

Walt Disney Co (DIS.N) earnings on Thursday topped Wall Street forecasts for the most recent quarter as its streaming services picked up…

4 years ago

Airbnb warns of Delta impact on bookings, shares fall over 4%

Airbnb Inc (ABNB.O) said on Thursday its current-quarter bookings could be hit by the Delta variant of the coronavirus and a slowing…

4 years ago

Oil dips as Delta variant weighs on demand forecasts

The Brent benchmark oil price fell for a second day on Friday, albeit holding above $70 a barrel, after the…

4 years ago

Dollar holds firm near 4-month high on Fed tapering bets

The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…

4 years ago

DoorDash plunges into loss on pricey grocery expansion

Food-delivery firm DoorDash Inc's (DASH.N) loss widened more than expected in the second quarter as the U.S. upstart spent heavily to expand…

4 years ago

Fund managers position for transitory U.S. inflation

Based on expectations that U.S. inflation will be transitory and that the Federal Reserve will clearly communicate its plans to…

4 years ago

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