pandemic

Some Chinese banks told to issue more loans for property projects – sources

Some Chinese banks have been told by financial regulators to issue more loans to property firms for project development, two…

4 years ago

Oil and euro slip, markets on edge over COVID-19 curbs in Europe

Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as…

4 years ago

Thyssenkrupp’s profit to double in 2022, flags hydrogen IPO

Thyssenkrupp's (TKAG.DE) operating profit could more than double next year, the submarines-to-steel group said on Thursday, boosted by an economic recovery and…

4 years ago

Analysis: Pandemic debt adds to challenge of funding world’s climate goals

Huge spending by governments kept the world economy afloat during the pandemic as officials mobilized a fiscal response not seen…

4 years ago

KKR, Global Infrastructure Partners to take CyrusOne private for $11.5 bln

KKR & Co Inc (KKR.N) and Global Infrastructure Partners (GIP) will take U.S. data center operator CyrusOne Inc (CONE.O) private for $11.49 billion in…

4 years ago

Dutch face three-week, partial lockdown as COVID-19 cases soar

Bars and restaurants will close early and sporting events will be held without audiences under a three-week, partial lockdown that…

4 years ago

COVID-19’s epicentre again: Europe faces fresh reckoning

Europe has become the epicentre of the pandemic again, prompting some governments to consider re-imposing unpopular lockdowns in the run-up to Christmas…

4 years ago

EXCLUSIVE In strategy shift, Louis Vuitton considers first duty free store in China’s Hainan

Louis Vuitton is considering opening its first duty free store in China on the emerging luxury island hub of Hainan,…

4 years ago

Toshiba set to announce split into three firms, shareholder reaction in focus

Japanese industrial conglomerate Toshiba Corp (6502.T) is set to outline plans on Friday to break up into three listed companies that will…

4 years ago

Global luxury sales set to outpace pre-COVID levels this year, Bain says

The luxury goods sector is set to move past the coronavirus crisis this year, fuelled by domestic spending in the…

4 years ago