pandemic

Orange to launch experimental 5G network amid telecom rush to the cloud

Orange (ORAN.PA) said on Wednesday it will launch an experimental 5G network using a cloud-based open platform and artificial intelligence…

4 years ago

What inflation? Pandemic leaves emerging Asia’s consumer recovery behind

Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to…

4 years ago

EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020

Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by…

4 years ago

International tourism not seen rebounding until 2023 – UN report

International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4 trillion in…

4 years ago

European shares fall on inflation, pandemic woes

European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically…

4 years ago

China manufacturing slows as supply shortages roil Asia industry

Growth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors…

4 years ago

Asian shares rise after consumer confidence boosts Nasdaq to record high

Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in…

4 years ago

Fed’s Waller: 2022 rate hike possible, wants MBS taper first

A "very optimistic" Federal Reserve Governor Christopher Waller on Tuesday said the U.S. central bank may need to start dialing…

4 years ago

U.S. consumer confidence at 16-month high; house price inflation heating up

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid…

4 years ago

Little Engine No. 1 beat Exxon with just $12.5 mln – sources

Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than…

4 years ago