Asian shares start on cautious note amid rise in COVID-19 cases
Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
First COVID-19 case could have emerged in China in Oct 2019 – study
The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study showed on Friday.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
St. Modwen accepts Blackstone’s raised $1.75 bln take-private offer
Housebuilder and logistics firm St. Modwen Properties (SMP.L) said on Thursday it has agreed to a sweetened 1.25 billion pounds ($1.75 billion) offer from U.S. private equity firm Blackstone (BX.N) to take it private.
Rising inflation puts Bank of England on the spot
The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank’s 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.
Yellen says inflation should be lower than current levels by year end
U.S. Treasury Secretary Janet Yellen said on Wednesday that inflation should retreat by year end from its current elevated level as supply bottlenecks get worked out, adding she sees little evidence inflation expectations are becoming unanchored.
Canada lawmakers pass budget bill with pandemic supports ahead of summer recess
Canadian lawmakers on Wednesday passed Prime Minister Justin Trudeau’s budget bill, approving billions in funding to extend COVID-19 supports on the last day of voting before the summer break and a likely election in the fall.
REUTERS EVENTS Death after COVID: What insurers do not know about post-pandemic mortality
Life insurers need to look well beyond COVID-19 deaths to see how the global pandemic is altering the mortality risk of people they cover, a medical insurance expert said on Wednesday.
Fed’s Rosengren says central bank needs to keep eye on financial stability risks
Federal Reserve officials need to keep a close watch on financial stability risks, and rising home prices in particular should be monitored, Boston Fed President Eric Rosengren said on Wednesday.
Nespresso not raising coffee prices yet, sees slow demand from offices
Nespresso, the premium coffee division controlled by Nestle SA (NESN.S), has not increased prices for its capsules yet despite a sharp increase in benchmark prices for arabica beans, opting to wait and see if the upward trend is sustainable over time.
