pandemic

Japan goes nuclear in bid to stay cool during Summer Olympics

Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis…

4 years ago

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19…

4 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

4 years ago

Australia’s Afterpay to launch banking app in October

Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL)…

4 years ago

World Bank trims East Asia, Pacific GDP forecast amid COVID-19 concerns

Growth in East Asia and the Pacific this year will likely be slower than previously thought, the World Bank said…

4 years ago

AMC, GameStop shares fall to half of their June peaks

Shares of cinema operator AMC Entertainment (AMC.N) and video game retailer GameStop Corp (GME.N) fell sharply on Wednesday and were…

4 years ago

U.S. CEO-to-worker pay ratio rose to 299:1 last year -union

The average S&P 500 .SPX chief executive made $15.5 million last year, 299 times the pay of the median worker…

4 years ago

U.S. producer prices post biggest annual gain in more than 10-1/2 years

U.S. producer prices accelerated in June, leading to the largest annual increase in more than 10-1/2 years, suggesting inflation could…

4 years ago

Asian shares lower on U.S. inflation jitters

Asian shares fell on Wednesday after data showing the biggest jump in U.S. inflation in 13 years fuelled some market…

4 years ago

U.S. consumer prices post largest gain in 13 years; inflation has likely peaked

U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in…

4 years ago