Tag: Businesses in COVID-19

Euro Zone Inflation Decline May Be Slower: Policymakers

November 12, 2021
Business & EconomyBusinesses in COVID-19Companieseconomic policiesEconomieseuroEuropeinflationpolicymakersWorld
0 Comment

FRANKFURT—Euro zone inflation may fall more slowly than earlier thought, partly on persistent supply chain bottlenecks, but the European Central must not overreact by removing stimulus too quickly, two ECB policymakers said on Friday. Inflation shot above 4 percent last month, more than twice the ECB’s 2 percent target, on soaring energy prices and industrial…

Read More

Dollar Climbs for a 3rd Day as Short-End US Yields Rise

November 12, 2021
AustraliaBusiness & EconomyBusinesses in COVID-19CompaniesDollareconomic policiesEconomieseconomyEuropeGold & CommoditiesinflationInvestmentMarket WatchMarketsUKUSUS NewsWorldyields
0 Comment

LONDON—The dollar tiptoed higher for a 3rd consecutive day on Friday since a surprisingly strong U.S. inflation print shocked markets and prompted investors to advance their bets on a U.S rate hike to as early as mid-2022. With short-dated U.S. Treasury yields edging higher—five-year bond yields rose to a February 2020 high—investors ramped up bets…

Read More

European Shares Hit New Highs, Firm Dollar Dents Oil

November 12, 2021
Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesDollareconomic policiesEconomieseconomyEuropeEuropeanGold & CommoditiesinflationInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkNY NewsOilRegional-Local NewsSharesTexasUKUSUS NewsWorld
0 Comment

LONDON—European shares chalked up new highs on Friday as shock from unexpectedly strong U.S. inflation data earlier in the week eased, though investors kept a wary eye on rising yields as the dollar hit a 16-month high. The STOXX index of 600 companies was up 0.09 percent, enough to eke out a new record high…

Read More

World Shares Advance After Modest Gains on Wall Street

November 12, 2021
Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompanieseconomic policiesEconomieseconomyEuropegainsGold & CommoditiesHK BusinessHong KonginflationInternationalInvestmentMarket WatchMarketsMiddle EastSharesUKUSUS NewsWall StreetWorld
0 Comment

Shares advanced in Europe and Asia on Friday after Wall Street benchmarks managed to close mostly higher. The latest round of mostly solid corporate earnings is winding down after helping markets rise for weeks, reaching a series of records. However, inflation concerns are rattling investors. Germany’s DAX gained 0.1 percent to 16,108.70, while the CAC…

Read More

US Offers $184 Million to 158 Aviation Manufacturing Firms

November 11, 2021
aviationBusiness & EconomyBusinesses in COVID-19Companiesdepartmenteconomic policiesEconomieseconomyfirmsmanufacturingtransportationUSUS News
0 Comment

The U.S. Transportation Department will announce on Monday it is offering an additional $184 million in payroll assistance to 158 more aviation manufacturing businesses. In September, the department offered $482.3 million to 313 aviation manufacturing businesses. The new offers include $17.5 million to BAE Systems Controls and about $13 million to both Airbus’s U.S arm…

Read More

OPEC Says Inflation Is Weakening Demand for Oil

November 11, 2021
Business & EconomyBusinesses in COVID-19economyGold & CommoditiesinflationMarketsOilOPECUSUS News
0 Comment

OPEC has cut its world oil demand forecast through the end of 2021, with the cartel blaming inflation for dampening the global economic recovery and sapping demand for crude. “A slowdown in the pace of recovery in the fourth quarter of 2021 is now assumed due to elevated energy prices,” OPEC wrote in its closely-watched…

Read More

ANA Chief Urges Japan to Boost Travel During COVID-19 Lull

November 11, 2021
AnaAsia & PacificBusiness & EconomyBusinesses in COVID-19CompaniesCOVID-19economic policiesEconomiesJapanTravelWorld
0 Comment

TOKYO—Japan’s biggest airline, ANA Holdings, has asked the government to ease curbs on overseas visitors, and seeks a revival of domestic tourism subsidies to spur travel as pandemic infections fall, its chief executive said on Thursday. Coronavirus immigration curbs in Japan have led to a drop of about 95 percent in the number of passengers…

Read More

Dollar Rockets to 16-Month Highs After Hot US Inflation

November 11, 2021
Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19CompaniesDollareconomic policiesEconomieseconomyEuropeinflationInternationalInvestmentMarketsUKUSUS NewsWorld
0 Comment

LONDON—The dollar rose to 16-month highs against the euro and other currencies on Thursday, and the yen fell back towards multi-year lows, after the hottest U.S. inflation reading in a generation encouraged bets on interest rate hikes. U.S. consumer prices grew last month at their fastest annual pace since 1990, data showed, and traders think…

Read More

BOE Says Market Infrastructure Firms No Longer Need to Discuss Dividends

November 11, 2021
BoEBusiness & EconomyBusinesses in COVID-19Companiesdividendseconomic policiesEconomiesfirmsinfrastructuremarketMarketsUKWorld
0 Comment

LONDON—Financial market infrastructure and service providers no longer need to discuss paying dividends in advance with the Bank of England, it said on Thursday. The central bank had imposed the requirement in June last year, as part of a wider series of curbs on dividends aimed at ensuring firms had enough capital to see them…

Read More

Asian Shares Mixed After US Inflation Report

November 11, 2021
Asia & PacificasianAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompanieseconomic policiesEconomieseconomyHK BusinessHong KonginflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsreportSharesTexasUSUS NewsWorld
0 Comment

TOKYO—Asian shares were mixed Thursday after a worrisome report on U.S. inflation that slammed into the bond market and knocked stocks lower on Wall Street. In Japan, where investors are awaiting an economic stimulus package from newly elected Prime Minister Fumio Kishida, the benchmark Nikkei 225 climbed 0.5 percent to 29,255.02. Australia’s S&P/ASX 200 fell…

Read More