14h ago| Global Economy

US senators unveil $1tr infrastructure bill

US senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could pass this week...

14h ago| Global Economy

Asian factory activity hit by rising costs, Delta variant

Asia’s factories hit a rough patch in July as rising input costs and a new wave of coronavirus infections overshadowed solid global demand, highlighting the fragile nature of the region’s recovery. 

14h ago| Global Economy

Twitter’s Dorsey leads $29b buyout of Afterpay

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the...

1d ago| Global Economy

China factory activity slows in July

Chinese factory activity weakened in July to its lowest level since the start of the pandemic, data showed Saturday, as manufacturing was impacted by slowing demand, weak exports and extreme weather.

1d ago| Asia

China new home price growth slows in July

China’s growth in new home prices slowed in July for the first time in five months, with smaller cities especially weighed down by higher mortgage rates, price caps on resale homes and other steps...

1d ago| Stock

Stocks fall on Delta worries, profit taking

Major stock markets pulled back Friday as worries about the Delta variant of Covid-19 and profit taking offset another round of mostly strong corporate earnings.

August 3, 2021
August 3, 2021

Keep travel simple to reopen economy: Heathrow CEO

The boss of London’s Heathrow Airport told Britain on Monday to rebuild confidence in travel by making it easier to go abroad, as speculation grew that the government was poised to slap yet more...

August 3, 2021
August 3, 2021

UK factories lose a bit more pace in July

Britain’s factories reported a further slowing of growth in July - although it was still one of the fastest paces on record - as they struggled with staff shortages and supply chain problems caused...

August 3, 2021
August 3, 2021

New Zealand housing crisis sparks human rights inquiry

New Zealand’s housing crisis is having a “punishing impact” on marginalised communities and leaving many people homeless, the human rights commission said on Monday as it launched an inquiry into...

August 3, 2021
August 3, 2021

Oil prices hit by concern over Chinese economy

Oil prices fell on Monday as worries over China’s economy resurfaced after a survey showing growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns...

August 3, 2021
August 3, 2021

Twitter’s Dorsey leads $29b buyout of Afterpay

Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay Ltd for $29 billion, creating a global transactions giant in the...

August 3, 2021
August 3, 2021

Asian factory activity hit by rising costs, Delta variant

Asia’s factories hit a rough patch in July as rising input costs and a new wave of coronavirus infections overshadowed solid global demand, highlighting the fragile nature of the region’s recovery. 

August 3, 2021
August 3, 2021

US senators unveil $1tr infrastructure bill

US senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could pass this week...

August 2, 2021
August 2, 2021

China factory activity slows in July

Chinese factory activity weakened in July to its lowest level since the start of the pandemic, data showed Saturday, as manufacturing was impacted by slowing demand, weak exports and extreme weather.

August 2, 2021
August 2, 2021

Brazilian cement makers bid for LafargeHolcim assets

Brazilian cement makers CSN Cimentos, a subsidiary of steelmaker CSN SA; Cimentos Mizu; and Cimento Apodi, in which Titan Cement International has a stake, are among the bidders for assets...

August 2, 2021
August 2, 2021

Indian billionaire’s new airline may give Boeing a chance to regain lost ground

Indian billionaire Rakesh Jhunjhunwala’s plan to launch an ultra-low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers...