Skip to main content

Latest

world
India bans exports of anti-viral drug Remdesivir as COVID-19 cases surge
People queue outside the Chemists Association office for Remdesivir, an antiviral drug, in Pune on April 9, 2021 as India surged past 13 million coronavirus cases. (Photo by - / AFP) (Photo by -/AFP via Getty Images)
international business
U.S. employers add 916,000 jobs in March as hiring accelerates, yet many jobs remain lost
(FILES) In this file photo taken on August 04, 2020 A restaurant displays a "Now Hiring" sign amid the coronavirus pandemic, on August 4, 2020 in Arlington, Virginia. - The US economy regained a massive 916,000 jobs in March, the biggest increase since August, with nearly a third of the increase in the hard-hit leisure and hospitality sector, the Labor Department reported on April 2, 2021. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
international business
Applied Materials terminates $2.2-billion deal for Japan’s Kokusai
FILE PHOTO: Applied Materials’ new corporate signage photo in Santa Clara, California, U.S. is shown in this image released on August 22, 2016. Courtesy Applied Materials/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY GLOBAL BUSINESS WEEK AHEAD
international business
China issues new anti-monopoly rules targeting its tech giants
(FILES) This file photo taken on October 27, 2020 shows a woman walking past an Alipay advertising billboard in a subway in Beijing. - China has launched an anti-monopoly investigation into Alibaba, regulators said on December 24, 2020, heaping further pressure on the e-commerce giant and sending its share price tumbling. (Photo by Greg Baker / AFP) (Photo by GREG BAKER/AFP via Getty Images)
international business
Bharat Biotech’s COVID-19 shot safe, produced immune response in early human trial, study shows
A health worker receives a COVID-19 vaccine at a government Hospital in Mumbai, India, Tuesday, Jan 19, 2021. India's homegrown vaccine developer Bharat Biotech has warned people with weaker immunity and other medical conditions that include allergies, fever, or a bleeding disorder to consult a doctor before getting the shot — and if possible avoid the vaccine. (AP Photo/Rafiq Maqbool)
international business
Israeli mining magnate sentenced to prison, heavy fine in Swiss corruption trial
Lawyers Camille Haab, left, and Marc Bonnant, right, lawyer for Israeli businessman and diamond magnate Beny Steinmetz, at center, leaving the courthouse in Geneva, Switzerland, Friday Jan. 22, 2021. Mining tycoon Steinmetz has been sentenced to five years in jail and fined dollars 56.5m after being found guilty of bribery, Friday. Steinmetz said he would appeal against the judgment. (Martial Trezzini/Keystone via AP)
technology
Trump tightens tech constraints on China’s Huawei in dying days of his presidency, sources say
FILE PHOTO: A smartphone with the Huawei and 5G network logo is seen on a PC motherboard in this illustration picture taken January 29, 2020. REUTERS/Dado Ruvic/File Photo
technology
E-commerce worker deaths draw scrutiny on Chinese tech giants
A food delivery worker wearing a face mask to help curb the spread of the coronavirus prepares to deliver foods for his customers outside a restaurant in Beijing on Thursday, Jan. 14, 2021. The e-commerce workers and delivery people who kept China fed during the pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest. (AP Photo/Andy Wong)
international business
Businesses suspend donations to U.S. lawmakers who voted against Biden certification
FILE PHOTO: Signage for the New York Marriott Marquis is seen in Manhattan, New York, November 16, 2015. REUTERS/Andrew Kelly/File Photo
international business
Syria temporarily cuts supplies of fuel to meet shortages, blames U.S. sanctions
FILE - In this file photo released on April 7, 2019, by the Syrian official news agency SANA, shows vans queuing to fill their tanks with fuel, at a gas station in Daraa, south Syria. On Sunday, Jan. 10, 2021, Syria’s petroleum ministry blamed U.S. sanctions for forcing it to cut by up to 24% its distribution of fuel and diesel because of delays in arrival of needed supplies. (SANA via AP, File)
international business
HSBC to face shareholder heat on fossil fuels in AGM vote
FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/
international business
New Zealand central bank says data system hacked
FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank said, Sunday Jan. 10, 2021, that one of its data systems has been breached by an unidentified hacker who has potentially accessed commercially and personally sensitive information. (AP Photo/Nick Perry, File)
international business
NYSE delisting three Chinese companies under Trump order
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File photo
international business
African free trade bloc opens for business, but full implementation expected to take years
Nigerian President Muhammadu Buhari signs an agreement ahead of the lauching of the African Continental Free Trade Area (AfCFTA), during African Union summit in Niamey, Niger July 7, 2019. Nigeria Presidency/Handout via Reuters
world
Britain, EU tell each other to give way in trade talks
Passengers walk past a banner from the anti-Brexit campaign in Brussels, Sunday, Dec. 20, 2020. The EU and the United Kingdom were still working Sunday on a "last attempt" to clinch a post-Brexit trade deal, with EU fishing rights in British waters the most notable remaining obstacle to avoid a chaotic and costly changeover on New Year. (AP Photo/Virginia Mayo)
report on business
CPPIB acquires one of Britain’s biggest malls after bankruptcy process fails to yield buyer
FILE PHOTO: Shoppers are seen inside a deserted Intu Trafford Centre amid coronavirus outbreak in Manchester, Britain, March 18, 2020. REUTERS/Phil Noble
international business
Last-ditch post-Brexit talks to resume between EU and U.K.
European Union flags flutter in the wind prior to a meeting of Britain's chief negotiator David Frost and EU chief negotiator Michel Barnier at EU headquarters in Brussels, Sunday, Dec. 6, 2020. Well beyond any imaginable deadline and with all three key issues still unresolved, the European Union and the United Kingdom decided to press on with negotiating a trade deal ahead of an ever-closer Jan. 1 cutoff day. (AP Photo/Francisco Seco)
report on business
GardaWorld boosts offer for British-based rival as bidding war looms
FILE PHOTO: Rugby League - Huddersfield Giants v Warrington Wolves Carnegie Challenge Cup Semi Final - City of Salford Stadium - 15/7/12 G4S security staff at the game Mandatory Credit: Action Images / Carl Recine Livepic/File Photo
international business
China, 14 other countries sign world’s biggest trade pact
ASEAN leaders are seen on a screen as they attend the 4th Regional Comprehensive Economic Partnership Summit as part of the 37th ASEAN Summit in Hanoi, Vietnam November 15, 2020. REUTERS/Kham
report on business
U.S.-based Origin International makes bid to buy refinery in Come By Chance, N.L.
The North Atlantic Refinery is shown in Come By Chance, Nfld., on Tuesday, October 6, 2020. THE CANADIAN PRESS/Paul Daly
report on business
Aphria to buy beer maker Sweetwater for $300 million
Marijuana plants is shown in this undated handout image provided by Aphria. Cannabis company Aphria Inc. reported a profit of $16.4 million in its latest quarter, its second consecutive quarter of profitable growth. The company said the profit for the quarter ended Aug. 31 amounted to seven cents per share, up from $15.8 million or five cents per share in the prior quarter. Aphria earned $21.2 million or nine cents per share in the same quarter last year. THE CANADIAN PRESS/HO-Aphria *MANDATORY CREDIT*
international business
U.S. Treasury yields fall on election uncertainty, stimulus bets scaled back
FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo
european business
German business morale falls on coronavirus angst as rebound fades
BERLIN, GERMANY - OCTOBER 24: People wear protective face masks as they walk along Bergmanstrasse, one of the main shopping street in Kreuzberg district, on the first day that a requirement by city authorities that people wear masks outside in busy commercial areas went into effect during the second wave of the coronavirus pandemic on October 24, 2020 in Berlin, Germany. Berlin has seen its number of confirmed cases of coronavirus infection rise dramatically since September and authorities are scrambling to bring the numbers down. The new regulation in Berlin mandates face masks be worn in certain shopping streets and at outdoor markets. (Photo by Michele Tantussi/Getty Images)
world
China passes new law restricting sensitive exports
A worker looks as machine loads goods to a container ship at a dockyard in Qingdao in east China's Shandong province on Sept. 25, 2020. China has passed a new law restricting sensitive exports to protect national security, allowing Beijing to reciprocate against the U.S. as tensions mount between the sides over trade and technology. (Chinatopix Via AP)
international business
PIMCO expects low returns across asset classes in next three to five years
A Pacific Investment Management Co. sign is seen in Newport Beach, Calif., on Aug. 4, 2015.
economy
U.S. home-builder confidence matches record high, while delinquencies rise
FILE PHOTO: A home under construction stands behind a "sold" sign in a new development in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson
world
Italy garbage dips with coronavirus lockdowns, but plastics rise
A pile of garbage is seen at the Malagrotta undifferentiated waste collection plant, in Rome, Wednesday, Aug. 12, 2020. Italy produced 10% less garbage during its coronavirus lockdown, but environmentalists warn that increased reliance on disposable masks and packaging is imperiling efforts to curb single-use plastics that end up in oceans and seas. (AP Photo/Andrew Medichini)
international business
Argentina formalizes revised debt offer, extends deal deadline
BUENOS AIRES, ARGENTINA, AUGUST 14: 500 Argentine peso notes go through the piling into bundles at Casa de Moneda on August 14, 2020 in Buenos Aires, Argentina. To cope with one of the world's highest inflation rates, Argentina produces money 24 hours a day. Located in the neighborhood of Retiro, Casa de Moneda is one of the two factories authorized to produce national currency notes and coins in the country. (Photo by Ricardo Ceppi/Getty Images)
international business
U.S. supports Cyprus, wants closer east Med gas co-operation
FILE PHOTO: Turkish drilling vessel Yavuz is escorted by Turkish Navy frigate TCG Gemlik (F-492) in the eastern Mediterranean Sea off Cyprus, August 6, 2019. Picture taken August 6, 2019. REUTERS/Murad Sezer/File Photo
world
Mexico’s Acapulco hopes for rebound in tourism as coronavirus, violence drop
FILE - This Sept. 20, 2013 file photo shows an aerial view of the Pacific resort city of Acapulco, Mexico. Mexico’s Pacific coast resort of Acapulco expressed hope Friday, Aug. 14, 2020, for a return of tourists, as the number of new coronavirus cases drop and the violence that drove travelers away slowly declines. (AP Photo/Eduardo Verdugo, File)
international business
China must guard against rebound in shadow lending, regulator says
FILE PHOTO: Guo Shuqing, China's newly appointed banking regulator, attends a news conference ahead of China's parliament in Beijing, March 2, 2017. REUTERS/Shu Zhang
international business
Tel Aviv stock exchange launches new share market for tech sector
FILE PHOTO: An electronic board displaying market data is seen at the entrance of the Tel Aviv Stock Exchange, in Tel Aviv, Israel January 29, 2017. REUTERS/Baz Ratner/File Photo
international business
German watchdog launches new Amazon investigation, report says
FILE PHOTO: A sign 'amazon germany' is seen outside the Amazon.de distribution centre in Werne September 24, 2014. REUTERS/Ina Fassbender
international business
CureVac doesn’t rule out accelerated approval for COVID-19 vaccine
FILE PHOTO: Professor Gottfried Kremsner injects a vaccination against the coronavirus disease (COVID-19) from German biotechnology company CureVac to a volunteer at the start of a clinical test series at his tropical institute of the university clinic in Tuebingen, Germany, June 22, 2020. REUTERS/Kai Pfaffenbach/File Photo
international business
U.S. inks $1.5-billion deal with Moderna for 100 million doses of COVID-19 vaccine
FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder