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BUSINESS: MORE

BUSINESS: LATEST NEWS

COVID fears spark Dow's biggest sell-off of 2021

Wall Street had a rough day as in joined in on a steep global sell-off in stocks, bonds, oil and cryptocurrencies as the discovery of a new COVID-19 variant sparked fears the global economy is headed for another slowdown. Conway G. Gittens has the a

Wall Street had a rough day as in joined in on a steep global sell-off in stocks, bonds, oil and cryptocurrencies as the discovery of a new COVID-19 variant sparked fears the global economy is headed for another slowdown. Conway G. Gittens has the a

EU regulator approves Covid shot for 5-11 year olds

The EU's drug regulator approved the use of Pfizer-BioNTech's Covid-19 vaccine for children between the ages of five and 11 on Thursday, paving the way for them to be given a first shot as Europe struggles with a surge in cases.

The EU's drug regulator approved the use of Pfizer-BioNTech's Covid-19 vaccine for children between the ages of five and 11 on Thursday, paving the way for them to be given a first shot as Europe struggles with a surge in cases.

Uber drivers block central Brussels

Uber drivers blocked the main street leading from the European institutions to the centre of Brussels on Thursday (November 25) in anger about a court ruling which will see their activities halted from Friday (November 26) evening.

Uber drivers blocked the main street leading from the European institutions to the centre of Brussels on Thursday (November 25) in anger about a court ruling which will see their activities halted from Friday (November 26) evening.

China, OPEC cool on U.S. bid to tame oil prices

A U.S. bid to tame oil prices with a coordinated release of oil reserves has drawn a non-committal response from China and defiance from OPEC.

A U.S. bid to tame oil prices with a coordinated release of oil reserves has drawn a non-committal response from China and defiance from OPEC.

German consumer morale hit by infections

A surge in coronavirus infections in Germany is weighing on consumer morale in Europe's largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away the country's last remaining pillar of growth.

A surge in coronavirus infections in Germany is weighing on consumer morale in Europe's largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away the country's last remaining pillar of growth.

Shares in China's Kaisa surge on debt deal bid

Shares in ailing Chinese developer Kaisa Group surged on Thursday after it said it was trying to extend the payment deadline on some key debt, easing fears of a messy default.

Shares in ailing Chinese developer Kaisa Group surged on Thursday after it said it was trying to extend the payment deadline on some key debt, easing fears of a messy default.

Thailand sees gradual tourism recovery

Tourists are gradually returning to Thailand after it eased entry restrictions, but Bangkok's normally bustling Khaosan Road is still nowhere near its usual self.

Tourists are gradually returning to Thailand after it eased entry restrictions, but Bangkok's normally bustling Khaosan Road is still nowhere near its usual self.

Dyson dumps Malaysia's ATA over labor concerns

Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company's labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters.

Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company's labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters.

Stocks end mostly higher ahead of Thanksgiving

The S&P 500 and the Nasdaq rose on Wednesday in light trading ahead of the Thanksgiving holiday. Conway G. Gittens has more.

The S&P 500 and the Nasdaq rose on Wednesday in light trading ahead of the Thanksgiving holiday. Conway G. Gittens has more.

U.S. shoppers keep spending despite hot inflation

U.S. consumer spending increased more than expected in October as households bought a range of goods, showing no signs yet of holding back because of high inflation ahead of the holiday-shopping season. Conway G.

U.S. consumer spending increased more than expected in October as households bought a range of goods, showing no signs yet of holding back because of high inflation ahead of the holiday-shopping season. Conway G.

Gap, Nordstrom shares sink on supply chain issues

Shares of Nordstrom and Gap sank early Wednesday after the two retailers’ quarterly earnings got slammed by supply chain issues.

Shares of Nordstrom and Gap sank early Wednesday after the two retailers’ quarterly earnings got slammed by supply chain issues.

Deere profit surges on soaring farm income

Deere’s surging quarterly profit surpassed Wall Street’s estimates on Wednesday, as a jump in crop and livestock prices encouraged farmers to splurge on tractors and combines.

Deere’s surging quarterly profit surpassed Wall Street’s estimates on Wednesday, as a jump in crop and livestock prices encouraged farmers to splurge on tractors and combines.

Talks over VW chief's future 'on a knife edge'

Talks over the future of Volkswagen CEO Herbert Diess hang 'on a knife edge', according to Reuters sources.

Talks over the future of Volkswagen CEO Herbert Diess hang 'on a knife edge', according to Reuters sources.

Turkey stumbles into unknown as lira crashes

Turkey's lira currency steadied on Wednesday, but its recent crash and the country's soaring inflation has consumers fearful for the future.

Turkey's lira currency steadied on Wednesday, but its recent crash and the country's soaring inflation has consumers fearful for the future.

Orange CEO's fate on the line after conviction

Orange CEO Stephane Richard said on Wednesday it was up to the board of France's biggest telecoms company to decide whether he should remain after a Paris appeal court convicted him of complicity of misuse of public funds.

Orange CEO Stephane Richard said on Wednesday it was up to the board of France's biggest telecoms company to decide whether he should remain after a Paris appeal court convicted him of complicity of misuse of public funds.