Dollar languishes near one-week low after consumer sentiment blow
The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks on Friday as diving U.S. consumer confidence hurt bets for an early tightening of Federal Reserve policy.
Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns
Malaysia’s economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed its 2021 growth forecast as rising COVID-19 cases and new lockdown measures weighed on the outlook.
Pfizer shares hit record high with COVID-19 vaccine stocks on a tear
Shares of Pfizer Inc (PFE.N) hit a record high on Tuesday for the first time in more than 20 years as shares of COVID-19 vaccine makers have surged amid rising coronavirus cases in the United States.
Citigroup to require vaccines for staffers returning to main U.S. offices
Citigroup Inc (C.N) will require U.S. employees returning to its New York headquarters and offices in some cities to be vaccinated against COVID-19, the bank’s head of human resources, Sara Wechter, said in a LinkedIn post on Tuesday.
Pandemic spurs flight of top earners from debt-laden South Africa
Cape Town restaurateur Adrian Hochman watched over the years as friends packed up and emigrated, but rationalised that power cuts, the threat of crime and an uncertain future were simply part of doing business in South Africa.
Oil rises as market shrugs off virus impact
Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of COVID cases in Asian countries.
BioNTech says has supplied more than 1 bln COVID-19 vaccine doses so far
BioNTech and partner Pfizer (PFE.N) have supplied more than one billion doses of their COVID-19 vaccine as per July 21, a bigger number than delivered by competitor AstraZeneca (AZN.L), the German biotech group said on Monday.
China’s export slowdown in July may signal more bumps ahead
China’s export growth unexpectedly slowed in July following outbreaks of COVID-19 cases, while imports also lost momentum, pointing to a slowdown in the country’s industrial sector in the second half even as easing global lockdowns boost commerce.
Amazon delays office return until January as COVID-19 cases surge
Amazon.com Inc (AMZN.O) on Thursday said it would not expect U.S. corporate employees to return to the office until next year because of the coronavirus pandemic.
Merck KGaA raises outlook after forecast-beating Q2 profit
Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatments and vaccines against the coronavirus.
