Asian shares kick-off week on cautious note as COVID-19 cases spike
Asian shares got the week off to a cautious start on Monday, with Chinese markets holding steady, as a spike in coronavirus cases across the region over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
Oil slips after hitting highest since 2018 before OPEC+ talks
Oil prices slipped on Monday after hitting more than 2-1/2 year highs earlier in the session, as a spike in COVID-19 cases in Asia put a brake on their rally before this week’s OPEC+ meeting.
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
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.
UK health minister ‘very sorry’ after pictured kissing aide
British Health Secretary Matt Hancock said he was “very sorry” after pictures of him kissing and embracing his top aide, a friend hired last year, were splashed on the front page of the Sun newspaper.
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.
A family’s vaccine hopes shattered in Brazil
As newly vaccinated people in countries such as the United States and Britain celebrate their freedom from the pandemic, the shots are coming too late for others in the rest of the world. A vicious COVID-19 variant cut through three generations of the large, close-knit Cunha family in Brazil. Within the space of six weeks, several would be intubated and four would die.
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.
