pandemic

UK unemployment hits 48-year low, pushing up pay

Britain's jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to…

4 years ago

China Resources in talks to take Sihuan Pharma private at $3 bln valuation -sources

State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical's (0460.HK) chairman about jointly taking the Hong Kong-listed company private in…

4 years ago

Analysis: Markets must face up to tightening financial conditions

Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that…

4 years ago

HSBC shares rise as markets warm up to break-up proposal by top shareholder

Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of…

4 years ago

PayPal shares rise despite cut in annual profit view

PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could…

4 years ago

Analysis: China struggles for options as COVID threatens economic goals

China's policymakers are struggling to find ways to ward off an economic slowdown that threatens job losses in a politically…

4 years ago

Temasek-backed oil rig builders agree $6.3 bln merger amid sector downturn

Singapore's Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's (KPLM.SI) larger offshore and marine unit, a…

4 years ago

HSBC profit falls on credit charges as economic outlook worsens

HSBC (HSBA.L) has shelved plans for fresh stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as…

4 years ago

Analysis: U.S. trucking downturn foreshadows possible economic gloom

Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves…

4 years ago

Netflix feels the heat as pandemic boom fizzles

Netflix Inc (NFLX.O) shares lost more than a quarter of their value in premarket trading on Wednesday after the company reported its…

4 years ago