Tag: global

EU to Draft Texts on Global Corporate Minimum Tax Deal by Spring: Macron

December 10, 2021
Business & EconomycorporatedrafteconomyEUEuropeglobalMinimumtaxWorld
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PARIS—The European Union will draft texts by spring 2022 on the implementation of a global minimum corporate tax deal brokered this year, French President Emmanuel Macron said on Thursday. France assumes the rotating presidency of the European Council on Jan. 1. By Richard Lough and Kirsten Donovan

Global Stocks Higher as Investors Await US Inflation

December 9, 2021
AfricaAsia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomic policieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongIndiainflationInternationalInvestmentLocal NewsMarket WatchMarketsNew YorkNY NewsRegional-Local NewsstocksUKUSUS NewsWorld
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BEIJING—Global stocks were mostly higher Thursday as investors waited for U.S. inflation data that might influence the Federal Reserve’s decision on when to roll back economic stimulus. London and Frankfurt opened higher while Tokyo declined. Shanghai, Hong Kong, and Seoul also advanced. Wall Street futures were lower after stocks rose for a third day Wednesday…

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JPMorgan Says 2022 to See Full Global Recovery

December 8, 2021
Business & EconomyBusinesses in COVID-19CCP VirusCompanieseconomyglobalInternationalJPMorganMarketsRecoveryUSUS NewsWorld
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LONDON—U.S. investment bank JP Morgan predicted on Wednesday that 2022 will mark the end of the coronavirus pandemic and see a full global economic recovery. Marko Kolanovic, its Chief Global Markets Strategist & Co-Head of Global Research, said the bank expected the U.S. S&P 500 to rise nearly 8 percent to 5050 points, emerging market…

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Oil Steadies Near $75 as Investors Assess Omicron’s Impact

December 8, 2021
AfricaAsia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusCompanieseconomic policieseconomyEuropeExecutive BranchglobalGold & CommoditiesInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastNew YorkOilOmicronPoliticsRegional-Local NewsTexasUKUSUS NewsWorld
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LONDON—Oil prices steadied near $75 a barrel on Wednesday, taking a breather after strong gains earlier this week, as investors continued to assess the impact of the Omicron coronavirus variant on the global economy and fuel demand. Brent crude futures dropped 19 cents, or 0.25 percent, to $75.25 a barrel at 0925 GMT, after settling…

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Oil Climbs More Than 2 Percent on Easing Omicron Fears, Iran Delay

December 7, 2021
AfricaAsia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyeconomyEuropeglobalGold & CommoditiesInternationalInvestmentLocal NewsMarket WatchMarketsMiddle EastOilOmicronRegional-Local NewsTexasUKUSUS NewsVaccines & SafetyWorld
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LONDON—Oil prices extended gains on Tuesday from a near 5 percent rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased and Iran nuclear talks stalled, delaying the return of Iranian crude. Brent crude futures were up $1.66, or 2.3 percent, at $74.74 a barrel by…

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Global Stocks Follow Wall Street Higher as Virus Fears Ease

December 7, 2021
AfricaAMERICAAsia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompaniesCOVID-19economic policieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechMiddle EastNew YorkNY NewsOmicronRegional-Local NewsstocksTexasUKUSUS NewsWorld
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BEIJING—Global stock markets followed Wall Street higher Tuesday as anxiety about the coronavirus’s latest variant eased and China reported stronger November trade figures than expected. London and Frankfurt opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices rose more than $1 a barrel for a second day. Wall Street futures were higher after the…

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World Shares Mixed Amid Troubles for Chinese Property Sector

December 6, 2021
Asia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomic policieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongIndiaInternationalInvestmentLocal NewsMarket WatchMarketsNew YorkNY NewspropertyRegional-Local NewsSharesUSUS NewsWorld
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BANGKOK—European shares and U.S. futures rose Monday after a lackluster day in Asia, where shares fell in Hong Kong and Shanghai after troubled Chinese property developer Evergrande warned it may run out of money. Moving to reassure investors and keep growth from stalling, China’s central bank cut the amount of funds banks are required to…

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Global Markets Mixed After Wall Street Decline, Virus Unease

December 2, 2021
AMERICAAsia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomic policieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongIndiaInternationalInvestmentLocal NewsMarket WatchMarketsNew YorkNY NewsOmicronRegional-Local NewsTexasUKUSUS NewsvariantWorld
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BEIJING—Global stocks and Wall Street futures were mixed Thursday as traders tried to figure out the potential impact of the latest coronavirus variant. London and Frankfurt opened lower and Shanghai and Tokyo fell. Hong Kong advanced. It is unclear whether omicron is more dangerous than other variants. But governments have responded by tightening travel controls….

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EU Seeks to Forge New Global Trade Rules With US

December 1, 2021
Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & Economyeconomic policieseconomyEUEuropeglobalInternationalMarketsrulestradeUSValdis DombrovskisWorld
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BRUSSELS—The European Union has experienced a “breakthrough year” with the United States even if not all trade irritants are gone and now wants to work with its transatlantic ally to start forging trade rules for the future, the EU trade chief said. “One can say that this year was indeed a breakthrough year for EU–U.S….

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Global Stocks Mixed After Fed Says Ready to Act on Inflation

November 25, 2021
Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesDistrict of Columbiaeconomic policieseconomyEuropeglobalGold & CommoditiesIndiainflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechMiddle EastNew YorkNY NewsRegional-Local NewsstocksTexasUKUSUS NewsUSAWorld
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BEIJING—Global stock markets mostly rose Thursday after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation. London, Tokyo, Frankfurt, and Hong Kong markets advanced, while Shanghai declined. Wall Street futures were higher. U.S. markets were closed for the Thanksgiving holiday. They reopen Friday for…

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