Australia job ads rise 4.7% in April as demand for labour stays strong

Australian job advertisements climbed for an 11th straight month in April to reach their highest in 12 years, suggesting strong demand for labour will withstand the removal of some government emergency support programmes. Monday’s figures from Australia and New Zealand Banking Group (ANZ.AX) showed total job ads grew 4.7% in April from March, when they rose 7.8%. […]

‘Hospitals are full’ as Argentina COVID-19 cases hit 3 million

Argentina coronavirus cases hit 3 million on Sunday since the pandemic began, as medical workers said hospitals were full to capacity despite toughened government measures to bring down the spread of infections. The country’s health ministry said there were 11,394 new cases over the last 24-hour period, bringing up the grim new milestone, with 156 […]

India’s COVID-19 daily cases hold close to record, another state imposes lockdown

India’s new coronavirus cases dipped marginally on Sunday but deaths due to the infection jumped by a record 3,689, with one more state going into lockdown as the nation’s creaky healthcare system is unable to cope with a massive caseload. Authorities reported 392,488 new cases in the previous 24 hours to push total cases to […]

Vaccination centres close in Mumbai as India posts another record rise in COVID-19

All vaccination centres in India’s financial capital of Mumbai were shut for three days starting Friday due to a shortage of vaccines, said authorities, as the country posted another record daily rise in coronavirus cases. India reported 386,452 news cases on Friday, while deaths from COVID-19 jumped by 3,498 over the last 24 hours, according […]

India’s coronavirus infections cross 18 million as gravediggers work round the clock

India’s total COVID-19 cases passed 18 million on Thursday after another world record number of daily infections, as gravediggers worked around the clock to bury victims and hundreds more were cremated in makeshift pyres in parks and parking lots. India reported 379,257 new infections and 3,645 new deaths on Thursday, health ministry data showed,the highest […]

Starbucks set to brew record second-quarter revenue as vaccinations rise

After a year of declining sales, Starbucks Corp (SBUX.O) on Tuesday is expected to report record second-quarter revenue of over $6.8 billion, as speedy vaccinations in the United States and China make customers more comfortable with returning to their morning coffee runs. The world’s largest coffee chain was plagued in 2020 by falling store traffic, as rising […]

India’s daily coronavirus cases climb to new world record as hospitals buckle

India’s coronavirus infections rose by 346,786 overnight, the health ministry said on Saturday, setting a new world record for the third consecutive day, as overwhelmed hospitals in the densely-populated country begged for oxygen supplies. India is in the grip of a rampaging second wave of the pandemic, hitting a rate of one COVID-19 death in […]

MIDEAST STOCKS Most major Gulf markets rise; Qatar dips

Most major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower. Saudi Arabia’s benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%. Elsewhere, Bank Albilad (1140.SE) climbed 1%, as the lender completed a 3 billion riyal […]