It's a huge day for earnings in Europe, with Deutsche Bank, Barclays, British American Tobacco, GlaxoSmithKline, Rio Tinto, BASF and Santander publishing results. Focus will also turn to the Federal
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Global shipping industry disrupted again, this time by floods in Europe and China
Shipping has already seen massive disruptions this year like the Ever Given running aground in the Suez Canal and delays stemming from an uptick in Covid cases near ports in
Continue reading »Australia to halve overseas arrivals as delta variant strains hotel quarantine system
Australia will halve the number of arrivals from overseas as its coronavirus hotel quarantine system creaks under pressure from outbreaks of the highly transmissible delta variant, Prime Minister Scott Morrison
Continue reading »European markets continue march to record highs as Fed meeting looms
The Federal Open Market Committee will meet on Tuesday and Wednesday. The Fed is expected to leave monetary policy unchanged and again downplay talk of tapering its stimulus program, but
Continue reading »China wants couples to have more kids. Chinese people are less enthusiastic.
China's announcement Monday that couples can have three children generated a buzz of online discussion on why it isn't practical to have children, let alone three. High education costs and
Continue reading »The U.S.-China rivalry could be constructive, doesn't have to end in conflict, expert says
The U.S. and China relationship may focus on competition, but it's possible for the Biden administration to handle that dynamic positively, according to an expert at a think tank. Scott
Continue reading »Malaysia now has more Covid cases per million people than India
Malaysia's daily Covid-19 infections per million people — on a seven-day rolling basis — have exceeded that of India since Sunday, data compiled by Our World in Data showed. Malaysia,
Continue reading »Ford Motor, SK Innovation to announce EV battery joint venture, sources say
Ford Motor and South Korean battery maker SK Innovation are set to launch a battery joint venture in the United States to support the ramp-up of Ford's electric vehicle rollout,
Continue reading »India reports over 400,000 daily cases for the third time in a week as second wave hammers country
Total reported cases in the South Asian country currently stands at 21.49 million and fatalities exceed 234,000. In just the last seven days, India has reported more than 2.7 million
Continue reading »India is the home of the world's biggest producer of Covid vaccines. But it's facing a major internal shortage
India's devastating experience of a second wave of coronavirus cases, hospitalizations and deaths is ongoing. Questions are focusing on how the country — which is home to the world's largest
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