covid-19

U.S. stocks end lower ahead of inflation report

Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when…

4 years ago

Payments startup Marqeta valued at over $17 bln in Nasdaq debut

Shares of Marqeta Inc (MQ.O), which provides payments services to customers including Uber Technologies Inc (UBER.N) and DoorDashInc, rose more…

4 years ago

UPS shares fall as investors fret over post-pandemic growth plan

United Parcel Service Inc (UPS.N) shares fell as much as 6% on Wednesday as the company known for delivering everything…

4 years ago

Detroit Three automakers will continue to require facial coverings

Detroit’s Big Three automakers and the United Auto Workers (UAW) union said on Wednesday that workers will continue to be…

4 years ago

Pandemic seen driving southeastern Europe warehouse boom

Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic…

4 years ago

Inditex ignited by post-lockdown clothing binge

Spanish fast fashion giant Inditex (ITX.MC) said sales in May and so far in June were twice as high as…

4 years ago

Russia’s high inflation shifts expectations for bigger rate hike on Friday

Russia's unexpectedly high inflation in May prompted a wide-scale revision of forecasts, shifting market expectations towards a bigger 50 basis-point…

4 years ago

SoftBank-backed DoorDash enters Japan

U.S. food delivery firm DoorDash Inc (DASH.N), which is backed by SoftBank Group Corp (9984.T), announced the launch of services…

4 years ago

U.S. forming expert groups on safely lifting global travel restrictions

The Biden administration is forming expert working groups with Canada, Mexico, the European Union and the United Kingdom to determine…

4 years ago

EXCLUSIVE Mexico not eyeing tax hikes in fiscal reform -deputy finance minister

Mexico's government does not envisage tax increases in an upcoming fiscal reform plan, but will consider closing loopholes, improving taxing…

4 years ago