Posts

Showing posts from July, 2021

Chinese augmented reality glasses maker Nreal looks to go public within 5 years, CEO says

Nreal's flagship product is a pair of mixed reality glasses called Nreal Light. The company hopes to free people from being tied to their small phone screens. from International: Top News And Analysis https://ift.tt/3rI8TRc

SEC slaps new disclosure requirements on Chinese IPOs amid Beijing's crackdown

The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges. from International: Top News And Analysis https://ift.tt/3ldaYUf

Vice President Kamala Harris to visit Vietnam and Singapore amid tensions with China

Vice President Kamala Harris will travel to Singapore and Vietnam next month to strengthen the U.S.'s relationship and economic ties with the Indo-Pacific region, the White House said on Friday. from International: Top News And Analysis https://ift.tt/3zTsNMc

Scarlett Johansson's agent slams Disney for accusing 'Black Widow' star of disregarding public Covid risks

Bryan Lourd fired back at Disney for "shamelessly and falsely" accusing Scarlett Johansson of being insensitive about the global coronavirus pandemic. from International: Top News And Analysis https://ift.tt/3j7dNn6

Want to go to a Broadway show or Carnegie Hall? Get ready to show Covid vaccination proof

The Broadway League announced Friday that it will require vaccinations for audiences, performers, crew and staff. from International: Top News And Analysis https://ift.tt/3leYsUe

Amazon plunge drags down eBay, Etsy and Wayfair as investors fret over slowing growth

Amazon's disappointing results on Thursday pushed down shares of top U.S. e-commerce companies. from International: Top News And Analysis https://ift.tt/3j8xafh

UN compound in Herat, Afghanistan attacked by 'anti-government elements'

The main UN compound in Herat, Afghanistan was attacked by "anti-government elements" on Friday and at least one security guard was killed, according to the UN Assistance Mission in Afghanistan, or UNAMA. from International: Top News And Analysis https://ift.tt/2V6K4CH

July jobs report could be what gives the market its next big jolt in the week ahead

Friday's jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it's the quiet dog days of August. from International: Top News And Analysis https://ift.tt/3xhTWGG

Treasury slaps sanctions on Cuban police force and its leaders over crackdown on protests

The rare protests, the largest the communist country has seen since the 1990s, come as the government struggles to contain the coronavirus pandemic. from International: Top News And Analysis https://ift.tt/3lic8xA

'League of Legends' maker Riot Games to 'double down' in China as gaming growth continues

The U.S.-headquartered game maker announced a new studio in Shanghai on Friday with a focus on developing new games for a global audience. from International: Top News And Analysis https://ift.tt/3j69zfd

Russell Westbrook traded to Los Angeles Lakers in blockbuster deal with Washington Wizards

The Washington Wizards have agreed to send superstar Russell Westbrook to the Los Angeles Lakers. from International: Top News And Analysis https://ift.tt/379HjDe

Philippines’ first Olympic gold medalist was once linked to an alleged plot to oust Duterte

Philippine weightlifter Hidilyn Diaz's name appeared among dozens on a chart that Duterte's spokesman in 2019 said were conspiring to discredit the president. from International: Top News And Analysis https://ift.tt/2UXVxoe

Tesla Megapack caught fire at Victorian Big Battery site in Australia

Neoen said a Tesla Megapack caught fire at their Victorian Big Battery site in Australia. from International: Top News And Analysis https://ift.tt/3j2jYc7

What the Dutch can teach the world about flood preparedness

The Netherlands' unique approach to water management can provide some key flood preparedness lessons for countries around the world, experts have told CNBC. from International: Top News And Analysis https://ift.tt/2UW7afq

Investors bought Chinese stocks in the last week, despite regulatory concerns

Chinese regulation in the month since ride-hailing giant Didi listed in the U.S. have sent Hong Kong, mainland Chinese and U.S.-listed Chinese stocks tumbling. from International: Top News And Analysis https://ift.tt/3ibF6gI

Microsoft is in talks to invest in Indian budget hotel start-up Oyo

The news was first reported by TechCrunch, which said the proposed deal may involve Oyo shifting to use Microsoft's cloud services. from International: Top News And Analysis https://ift.tt/3fbMK8Q

'Culture-as-a-service' could be the next big thing in the workplace

When Microsoft unveiled its new Viva platform earlier this year, it was sizing up a $300 billion market for employee communications and engagement. from International: Top News And Analysis https://ift.tt/3ldfZMf

BNP Paribas reports a 26% jump in net profit as retail banking rebounds

BNP Paribas reported Friday a 26% annual jump in net profit for the second quarter of this year, beating market expectations. from International: Top News And Analysis https://ift.tt/3fbFgCU

Missing Japan? Virtual tours come with shopping, drinks and souvenirs

Tourist attractions and enterprising tour guides are using technology to emulate the look, feel and taste of a trip to Japan. from International: Top News And Analysis https://ift.tt/379NSFC

U.S. and India both want to ensure a stable Afghanistan, former ambassador says

As U.S. began its troop withdrawal in Afghanistan, reports said the Taliban made advances to seize more territory that led to a spike in civilian casualties. from International: Top News And Analysis https://ift.tt/3zV9vGd

Malaysia’s daily new Covid cases per million people is now one of the highest globally

The Southeast Asian country has struggled to tame a surge in Covid-19 cases despite implementing multiple rounds of restrictions and a state of emergency. from International: Top News And Analysis https://ift.tt/3rIgpvl

Investors can focus on 3 areas amid China's regulatory uncertainty, says Fitch Solutions

Cedric Chehab of Fitch Solutions identifies three areas in the Chinese markets that are expected to see relatively less volatility. from International: Top News And Analysis https://ift.tt/3j23H6R

Didi denies it considered to go private after earlier report sends the stock soaring

Chinese regulators have been scrutinizing Didi for cybersecurity and antitrust matters, according to reports. from International: Top News And Analysis https://ift.tt/3rNQvqb

Asia-Pacific stocks set to drop; Japan's retail sales, industrial output data ahead

U.S. stocks rallied despite data showing second-quarter gross domestic product rose less than expected. from International: Top News And Analysis https://ift.tt/3j0xop0

Wall Street employees begin to mask up again as Citigroup tells workers of new mandate

For a few glorious weeks, Wall Street employees who were vaccinated against Covid-19 could ditch their masks at the office. That's ending. from International: Top News And Analysis https://ift.tt/3BVSb5K

MacKenzie Scott and Melinda French Gates donate $40 million to gender equality projects

Scott and French Gates are joining forces to support projects focused on advancing gender equality in tech, higher education and caregiving. from International: Top News And Analysis https://ift.tt/3icgq7P

The case against Tom Barrack could draw classified material into court

The national security-related charges against Tom Barrack have all the hallmarks of a case where classified material could become relevant. from International: Top News And Analysis https://ift.tt/3yoIQ3W

Nasdaq futures fall as stocks try to round out strong July

Futures contracts tied to the major U.S. stock indexes traded mixed at the start of the overnight session Thursday evening. from International: Top News And Analysis https://ift.tt/2V25Kjo

Disney blasts Scarlett Johansson over Black Widow streaming lawsuit

Disney has fired back against Scarlett Johansson Thursday after the Marvel actress filed a lawsuit against the studio for releasing "Black Widow" on Disney+. from International: Top News And Analysis https://ift.tt/3l74ru8

Amazon posts third $100 billion quarter in a row, but still misses expectations

Amazon reported earnings after the bell. Here are the results. from International: Top News And Analysis https://ift.tt/3l6uMbL

Biden requiring federal workers to prove Covid vaccine status or submit to strict safety rules, White House says

Biden in a speech will also call on state and local governments to give out $100 prizes to those who get vaccinated for Covid. from International: Top News And Analysis https://ift.tt/3rODZXt

Nikola founder Trevor Milton pleads not guilty to fraud charges, released on $100 million bail

Miton, who resigned as chairman from the company in September, was freed on a $100 million bond secured against two of his properties in Utah. from International: Top News And Analysis https://ift.tt/3BTowtU

‘Not clear yet’ if booster shots of Covid vaccine are needed, AstraZeneca CEO says

Speaking to CNBC, AstraZeneca's CEO said the company did not have a "precise answer" on whether a third dose of its Covid-19 vaccine would be needed. from International: Top News And Analysis https://ift.tt/3BUP4uQ

Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar

Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program. from International: Top News And Analysis https://ift.tt/3jg4Yrh

Ratings agencies downgrade China Evergrande as concerns over junk bonds rise

China's tech crackdown may have triggered shockwaves across stock markets, but it's real estate that's sparking concerns in Asia's credit markets, BlackRock said. from International: Top News And Analysis https://ift.tt/3C28r5l

Volkswagen posts record first-half earnings and raises profit margin target

Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. from International: Top News And Analysis https://ift.tt/3l8nUKQ

Credit Suisse investigation into Archegos scandal reveals multiple failings but no ‘fraudulent or illegal conduct’

A Credit Suisse investigation into its dealings with the collapsed U.S. hedge fund Archegos Capital revealed Thursday that the Swiss bank had failed "to effectively manage risk." from International: Top News And Analysis https://ift.tt/3BVVcTI

Rent controls are becoming a highly divisive issue in Europe

Rent controls are becoming increasingly popular in many European nations, but experts note they can even scare investors away. from International: Top News And Analysis https://ift.tt/3zJXLGo

Here's how much Olympic athletes earn for winning medals

Many countries offer monetary rewards to their athletes for the number of medals they win at the Olympics. from International: Top News And Analysis https://ift.tt/3icDwLm

China will still allow IPOs in the United States, securities regulator tells brokerages

A series of regulatory actions in the last few weeks has heightened investor concerns that Beijing is trying to block foreign capital flows into Chinese assets. from International: Top News And Analysis https://ift.tt/2VkUmyH

Shares of Singapore's top banks jump after regulator lifts cap on dividend payouts

The three-listed banks — DBS, OCBC and UOB — make up around one-third of the benchmark Straits Times Index. from International: Top News And Analysis https://ift.tt/3xd06b0

Disney's domestic theme parks will require all parkgoers to wear masks indoors starting Friday

Disney has amended the mask policy at its U.S.-based theme parks in the wake of new guidance from health and government officials. from International: Top News And Analysis https://ift.tt/2UR8yQt

Facebook requiring U.S. employees to be vaccinated to return to work

The company will continue to evaluate its approach outside of the U.S. from International: Top News And Analysis https://ift.tt/3j06L3u

Robinhood valued at $32 billion after selling shares in IPO at $38 per share

Robinhood's was last valued in the private market at $11.7 billion in September, and has since expanded its user base. from International: Top News And Analysis https://ift.tt/3l8LBCS

Shake-up in Chinese stocks raises questions over the future of international investing

Recent volatility in China will test those who invest internationally. To be in the game, investors need to think long term and prepare for a wild ride. from International: Top News And Analysis https://ift.tt/3f5FOdw

Asia-Pacific stocks set for mixed start; Fed keeps rates steady

The Federal Open Committee ended its two-day meeting stateside by keeping interest rates in a target range between zero and 0.25%. from International: Top News And Analysis https://ift.tt/3laXA2K

Robinhood starts trading Thursday. Here's everything investors need to know

The stock trading app will trade on the Nasdaq under ticker HOOD, priced at an expected $38 to $42 per share. from International: Top News And Analysis https://ift.tt/3zMeBEE

Senate votes to advance bipartisan infrastructure bill as Democrats forge ahead with ambitious economic agenda

The Senate voted to move forward with a bipartisan infrastructure spending bill, which starts the process of debate and amendment. from International: Top News And Analysis https://ift.tt/2VfjO8T

Pfizer's CEO says Covid vaccine effectiveness drops to 84% after six months

Pfizer's vaccine initially protects people 100% of the time against hospitalization, but that falls to low 90% and mid-to-high 80% after 6 months, Bourla said. from International: Top News And Analysis https://ift.tt/3iXuD7L

Stock futures mixed after Fed keeps interest rates near zero

U.S. stock futures opened mixed Wednesday night after the Federal Reserve no move on asset purchases. from International: Top News And Analysis https://ift.tt/3BQaFVc

Uber shares drop as Softbank plans to sell shares to cover Didi losses

SoftBank has lost about $4 billion on its Didi position in total, CNBC's Deirdre Bosa reported. from International: Top News And Analysis https://ift.tt/3l4m79B

Qualcomm shares rise as revenue pops 63% driven by chip sales

Qualcomm revenue was up 63% from the same period last year, and earnings per share more than doubled annually in the quarter that ended on June 27. from International: Top News And Analysis https://ift.tt/37dnpH7

PayPal comes in light on revenue, profit drops from last year

PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter earnings that were weaker than analysts had expected. from International: Top News And Analysis https://ift.tt/3i8nvWN

Facebook set to report its Q2 earnings

Analysts are expecting Facebook to show the fastest revenue growth in three years as it compared against a period of slow growth as Covid emerged last year. from International: Top News And Analysis https://ift.tt/3iUWTYQ

Ford is set to report results after the bell. Here's what Wall Street expects

Ford is expected Wednesday to report a slight loss for the second quarter due to the semiconductor chip shortage causing significant production cuts. from International: Top News And Analysis https://ift.tt/3iZw6dD

British role-playing game retailer hands staff a £5,000 bonus following bumper lockdown sales

U.K. retailer Games Workshop has given employees a £5,000 ($6,942) bonus, following record sales and profits amid the coronavirus pandemic.  from International: Top News And Analysis https://ift.tt/3iatKtk

Low-carbon hydrogen is not cheap and needs support, says major energy organization

Hydrogen has a broad range of applications and can be produced in a number of ways. from International: Top News And Analysis https://ift.tt/3l3Cvas

Barclays beats profit estimates and ups shareholder payments as equities, investment banking surge

Barclays beat second-quarter profit expectations on Wednesday and boosted returns to shareholders, with its investment banking and equities businesses posting record incomes. from International: Top News And Analysis https://ift.tt/3iZI9YJ

Deutsche Bank smashes estimates for the second quarter despite slide in trading revenues

Deutsche Bank on Wednesday posted a large profit beat for the second quarter, despite its all-important investment banking arm suffering a slide in revenues. from International: Top News And Analysis https://ift.tt/3l0jFB6

UBS warns that it's not time to bottom fish in the Chinese markets yet

Kelvin Tay of UBS Global Wealth Management warns Chinese markets could see further losses from here. from International: Top News And Analysis https://ift.tt/2V9MvUJ

Chinese tech giants are snapping up gaming studios around the world – here are some potential ramifications

After decades of the U.S. and Japan dominating the gaming space, China's influence is growing as its tech giants snap up gaming studios around the world. from International: Top News And Analysis https://ift.tt/3l1PbyH

Shipping prices may be heading higher but are 'not super yet,' analysts say

Shipping rates are at multi-year highs, but have not reached the bull cycle peaks of the past, said Rashpal Bhatti of mining giant BHP. from International: Top News And Analysis https://ift.tt/3BNzPUn

Chinese yuan and Hong Kong dollar sell off as regulatory fears spread

Investors are dumping the Chinese yuan and Hong Kong dollar as investors sell off China stocks this week. from International: Top News And Analysis https://ift.tt/2UVeiIO

Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors

Days of heavy selling in Chinese stocks have left two major indexes in the country as the worst-performing markets of Asia-Pacific. from International: Top News And Analysis https://ift.tt/3iStkXP

Apple's iPhone hot streak is going to run into the global chip shortage

On Tuesday, Apple CEO Tim Cook warned about silicon "supply constraints" that would affect the company's flagship product, as well as the iPad. from International: Top News And Analysis https://ift.tt/3x90w28

Asia-Pacific stocks set to decline as investors continue monitoring Chinese stocks

The three major indexes on Wall Street slipped overnight from their respective records touched in the previous session. from International: Top News And Analysis https://ift.tt/3i6D2GE

Chinese tech stocks extend their losses. How two traders are approaching the sell-off

Focus on less-regulated Chinese industries or U.S. companies that do business in China for exposure to the region, says market analyst Nancy Tengler. from International: Top News And Analysis https://ift.tt/372big6

China critic Sen. Tommy Tuberville of Alabama violated stock disclosure law, sold Alibaba option

Alabama Republican Sen. Tommy Tuberville is a top critic of China, but his portfolio in the past included stock and options of Chinese firm Alibaba. from International: Top News And Analysis https://ift.tt/3kYm6El

Trump ally Tom Barrack’s criminal case isn’t really about lobbying – it’s about national security

The federal statute under which Tom Barrack was charged is used to prosecute spies, not lobbyists. from International: Top News And Analysis https://ift.tt/3BJeI5v

Simone Biles drops out of Olympics team gymnastics final as Russian athletes upset USA

Biles, a gymnastics superstar, left the competition with what USA Gymnastics called a "medical issue." from International: Top News And Analysis https://ift.tt/3iRn2Yu

‘We are all kind of scared’: After president takes over all of government, Tunisians wonder what’s next

The developments represent the biggest challenge to Tunisia's democracy since it was forged in the wake of the 2011 Arab Spring protests. from International: Top News And Analysis https://ift.tt/3fmbdZt

Dow futures decline 100 points after stocks snap five-day winning streak

U.S. stock index futures slid during overnight trading on Tuesday. from International: Top News And Analysis https://ift.tt/3yawXyK

Former President Barack Obama is now a minority owner in NBA's Africa business

The NBA announced Barack Obama would use his new equity stake in NBA Africa to expand the Obama Foundation. from International: Top News And Analysis https://ift.tt/2UYTrEl

Apple demolishes earnings expectations with iPhone sales surging nearly 50%

Apple reported earnings after the bell. Here are the results. from International: Top News And Analysis https://ift.tt/2WgMcrF

Hobby Lobby's $1.6 million Gilgamesh tablet has been forfeited to the U.S.

A 3,500-year-old clay tablet purchased by the Hobby Lobby arts and crafts chain for $1.6 million has been forfeited to the United States. from International: Top News And Analysis https://ift.tt/3rEVycv

Alphabet set to report Q2 2021 earnings after the bell

It comes one year after the company's first-ever annualized revenue decline in Q2 2020. from International: Top News And Analysis https://ift.tt/2ULOyyB

Here's what to expect from Starbucks earnings

Starbucks is expected to report its fiscal third-quarter earnings after the bell Tuesday. from International: Top News And Analysis https://ift.tt/3zMwW4t

Microsoft set to report earnings after the bell

Microsoft signaled that improvements in advertising and labor markets should boost parts of its business, alongside continued Azure cloud strength. from International: Top News And Analysis https://ift.tt/3rPOutP

The co-founder of Chinese smartphone maker OnePlus is taking on Apple with $99 wireless earbuds

OnePlus co-founder Carl Pei's new hardware start-up Nothing unveiled its first product Tuesday, a set of wireless earbuds called Ear 1. from International: Top News And Analysis https://ift.tt/3BKJT0q

Billionaire Richard Branson has this advice for overcoming self-doubt

Richard Branson said that while it's "perfectly human to have a little bit of doubt," it's important not to let these fears get in the way of pursuing a dream.  from International: Top News And Analysis https://ift.tt/3y7iSCc

ECB's Holzmann says central bank's new policy guidance was a 'step too far'

His words follow last week's announcement that the ECB will pursue a "persistently accommodative" stance. from International: Top News And Analysis https://ift.tt/3BVTIsy

The Pegasus spyware saga could sow diplomatic rifts in Africa

The Pegasus spyware saga has embroiled several African governments and could prompt further diplomatic fallouts, experts have suggested. from International: Top News And Analysis https://ift.tt/3eY7r8o

This food delivery giant is down over 20% year-to-date. An investor says enough is enough

Cat Rock Capital, a major Just Eat Takeway.com shareholder, says the food delivery firm’s communication with investors is “deeply flawed.” from International: Top News And Analysis https://ift.tt/3iRVeDb

South Africa port operations halted and workers reportedly put on leave after major cyberattack

Transnet, a state-owned South African rail, port and pipeline company, appears to be in crisis mode after a cyberattack hit the company five days ago. from International: Top News And Analysis https://ift.tt/3f0H4OU

China is still falling short of meeting an agreement to reduce its U.S. trade surplus

While Biden has yet to lay out a trade strategy, China still falls short of meeting the phase one deal, says the Peterson Institute for International Economics. from International: Top News And Analysis https://ift.tt/3zGN6wc

U.S.-China rivalry may solidify ‘like a hard concrete’ after latest meeting, says analyst

Officials from both countries set "unreachable" demands for each other when they met in the Chinese city of Tianjin, said Scott Kennedy of CSIS. from International: Top News And Analysis https://ift.tt/2VhuTGk

This Irish start-up is helping firms avoid the pitfalls of work-from-anywhere policies

As more employees settle into remote work for the longer term, companies are faced with a great deal of complexity around tax and compliance with employment laws. from International: Top News And Analysis https://ift.tt/3kV44CS

Students still plan to study abroad in droves despite the pandemic, study finds

The pandemic may have wreaked havoc on schooling and overseas travel, but a new report has found that demand for international education remains robust today, with the majority of students remaining committed to their plans to study abroad. from International: Top News And Analysis https://ift.tt/3eWgaaY

World's 20 best airlines are named by air safety website

For the first time, the ratings review site AirlineRatings.com factored Covid-19 safety measures into its annual rankings of the top airlines in the world. from International: Top News And Analysis https://ift.tt/3BMlszN

Trump friend Tom Barrack says 'I'm 100% innocent' of illegal lobbying for the United Arab Emirates

Private equity investor Thomas Barrack is accused of illegally lobbying then-President Donald Trump for the United Arab Emirates. from International: Top News And Analysis https://ift.tt/2VgmvH6

Elon Musk snipes at Apple twice on Tesla earnings call

Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. from International: Top News And Analysis https://ift.tt/3iU6hM4

Tesla records $23 million in bitcoin-related impairments after cryptocurrency's second-quarter plunge

Tesla said in its second-quarter earnings statement that bitcoin-related impairments of $23 million dragged down operating income. from International: Top News And Analysis https://ift.tt/2WiwEDL

Global shipping industry disrupted again, this time by floods in Europe and China

The floods in China and Europe are yet "another body blow" for global supply chains, the CEO of a shipping firm told CNBC on Monday. from International: Top News And Analysis https://ift.tt/2UVnGfk

Asia-Pacific stocks set for mixed start; China's June industrial profits data ahead

The three major indexes on Wall Street inched to close at fresh record highs overnight on Wall Street. from International: Top News And Analysis https://ift.tt/3BJHPWA

BioNTech says it plans to develop an mRNA vaccine to prevent malaria

BioNTech said it plans to develop an mRNA-based vaccine to prevent malaria, a life-threatening disease that impacts millions of people worldwide each year. from International: Top News And Analysis https://ift.tt/3BEMusF

IPOs are on track for a record year as companies cash in on sky-high stock prices

Proceeds from U.S. IPOs have reached $89 billion in 2021, a 232% jump from the same period last year, according to data from Renaissance Capital. from International: Top News And Analysis https://ift.tt/3i6dDgm

New Nokia smartphone is a ‘military grade’ model with 5G that can take a beating

The Nokia XR20 comes with a tough 6.67-inch Gorilla Glass Victus display, 5G internet and a dual-lens camera. from International: Top News And Analysis https://ift.tt/2WiX4Fr

Stock futures are flat ahead of Big Tech earnings

Google-parent Alphabet, Microsoft and Apple set to report quarterly earnings after the bell Tuesday. from International: Top News And Analysis https://ift.tt/3zGafPs

Moderna says it plans to expand Covid vaccine trial for kids 5 to 11, will seek FDA OK as early as year-end

Moderna confirmed to CNBC on Monday it plans to expand the size of its clinical trial testing its Covid-19 vaccine in kids ages 5 to 11. from International: Top News And Analysis https://ift.tt/3kZLqtl

Facebook creates exec team to work on Mark Zuckerberg's vision for a digital universe

The metaverse team will be part of Facebook's virtual reality group, Reality Labs, executive Andrew Bozworth said in a Facebook post on Monday. from International: Top News And Analysis https://ift.tt/3iPk8Dw

Tesla set to report earnings after the bell

Investors will be looking for info about new factories, parts shortages, and commercial production of the Cybertruck and custom battery cells. from International: Top News And Analysis https://ift.tt/3kYbyFh

DOJ reportedly investigates crypto company Tether for possible bank fraud

The Justice Department is investigating possible bank fraud by executives of Tether Ltd., according to Bloomberg News. from International: Top News And Analysis https://ift.tt/3y5ARcc

International buyers dropped out of U.S. housing during pandemic, but China is rushing back

Sales of U.S. homes to foreign buyers fell by 31% from April 2020 to March 2021, according to the National Association of Realtors. from International: Top News And Analysis https://ift.tt/3iOzisL

Swedish researchers are paying unvaccinated people $23 to have their Covid shot

Swedish scientists are attempting to find out if financial incentives could motivate people to get vaccinated against Covid-19. from International: Top News And Analysis https://ift.tt/3l211J1

Bezos offers to cover $2 billion in NASA costs in exchange for astronaut lunar lander contract

NASA in April awarded Elon Musk's SpaceX with a sole $2.89 billion contract to build the next crewed lunar lander under its Human Landing Systems program. from International: Top News And Analysis https://ift.tt/2UNYLuh

Tunisia's young democracy rocked as president sacks parliament amid mounting Covid crisis

Supporters of the president poured into the streets of Tunisia's cities in what's estimated to be tens of thousands. from International: Top News And Analysis https://ift.tt/3i76dJX

Marlboro maker Philip Morris says it could stop selling cigarettes in Britain within 10 years

U.S. tobacco group Philip Morris International has reportedly said it plans to stop selling cigarettes in the U.K. in 10 years' time. from International: Top News And Analysis https://ift.tt/3kVY1xP

Europe’s proposed A.I. law could cost its economy $36 billion, think tank warns

A new law designed to regulate artificial intelligence in Europe could end up costing the EU economy 31 billion euros ($36 billion) over the next five years. from International: Top News And Analysis https://ift.tt/3iOxorZ

Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc

Low-cost airline Ryanair said Monday that it's still facing a "challenging" environment and that it might finish the fiscal year "somewhere between a small loss and breakeven." from International: Top News And Analysis https://ift.tt/3zyRnSf

Action on climate change can provide a shot in the arm for the global economy, economist says

The fatal floods in Germany in recent weeks have put the impacts of climate change firmly in the spotlight again. from International: Top News And Analysis https://ift.tt/3eTLMOq

What to expect as Big Oil reports second-quarter earnings

Oil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC. from International: Top News And Analysis https://ift.tt/3x6Dnh1

Bitcoin tops $39,000 for the first time in nearly 6 weeks, adding $114 billion to the crypto market

Bitcoin surged 12% on Sunday topping $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. from International: Top News And Analysis https://ift.tt/3BzWiEp

Are electric cars 'green'? The answer is yes, but it's complicated

Electric vehicles have surged in demand, and hit a record number last year as more and more people turn to battery-operated cars. from International: Top News And Analysis https://ift.tt/2UR3QBX

U.S.-China meeting off to a tense start as Beijing official says relations are in a 'stalemate'

U.S. Deputy Secretary of State Wendy Sherman is in China for a meeting with her counterparts there Sunday and Monday. from International: Top News And Analysis https://ift.tt/3eTsHvM

Once Asia's top performer, the Thai baht is now becoming the region's worst-hit currency

The Thai baht, once the strongest-performing Asian currency before the pandemic hit, has been steadily falling and is 9.9% lower against the dollar this year. from International: Top News And Analysis https://ift.tt/3zwrrXt

Gen X workers may be facing the biggest unemployment crisis, study finds

Gen Xers, those 45 years and above, may be bearing the brunt of a global unemployment crisis as the pandemic adds to existing challenges, a new report found. from International: Top News And Analysis https://ift.tt/3kVvwjK

Asia-Pacific stocks set for mixed start following record closing highs on Wall Street

All three of the major averages stateside ended at record closing highs last week. from International: Top News And Analysis https://ift.tt/2UEDLWZ

More money chases Indian tech start-ups as investors shun Chinese names

Shares of food-delivery app Zomato soared as much as 82% in their debut on the National Stock Exchange of India. from International: Top News And Analysis https://ift.tt/3kTOQhl

Stock futures hold steady ahead of a huge week of Big Tech earnings

Stock futures opened little changed ahead of a busy week of earnings reports from technology's heaviest hitters. from International: Top News And Analysis https://ift.tt/3eWy5yh

'Disturbing' actions by China signal early stages of a cold war, economist Stephen Roach warns

Yale’s Stephen Roach, who served chairman of Morgan Stanley Asia, believes Beijing’s crackdown against U.S.-listed China stocks have major market implications. from International: Top News And Analysis https://ift.tt/3kUfPcx

A tax loophole is helping bitcoin holders save tons of cash by avoiding federal taxes

With crypto tokens, wash sale rules don't apply, meaning that you can sell your bitcoin and buy it right back, whereas with a stock, you would have to wait 30 days. from International: Top News And Analysis https://ift.tt/3eWfF0z

The Shanghai lab making fake pork dumplings and helping China go beyond meat

Asia has billions to feed, and more will be eating plant-based proteins. An R&D lab in Shanghai is key to one of fake meat's fastest-growing regions. from International: Top News And Analysis https://ift.tt/2V8ffx5

A dietitian says this is the 'power nutrient' she eats for a longer, healthier life—but 95% of Americans lack in their diet

Fiber is the superhero of nutrients, and yet, nearly 95% of American adults and children aren't getting enough of in their diet. In addition to reduced risk for heart disease and type 2 diabetes, eating fiber-rich foods have been linked to longevity. Here's why dietitians and food experts call fiber an essential nutrient, and how you can increase your daily intake. from International: Top News And Analysis https://ift.tt/3wYMPTt

Zoom's lightning-fast ascent to $100 billion made big acquisitions a sudden priority

Zoom's $14.7 billion acquisition of Five9, one of the largest cloud transactions on record, is the first sign of the company using its hefty market to do deals. from International: Top News And Analysis https://ift.tt/370aAQG

Buildings are a bigger contributor to climate change than cars — these start-ups are trying to help

If we're going to solve climate change, we need to rapidly decarbonize buildings. Here are the companies working to get buildings off of fossil fuels for good. from International: Top News And Analysis https://ift.tt/2UIudKo

China’s digital yuan could pose challenges to the U.S. dollar

Researchers are digging into Central Bank Digital Currencies and what a CBDC could look like in the U.S. from International: Top News And Analysis https://ift.tt/2VbWHfh

China orders Tencent to give up exclusive licensing rights as crackdown continues

China's antitrust regulator ordered Tencent to give up its exclusive licensing rights with international record labels and slapped a $$77,000 fine on the company. from International: Top News And Analysis https://ift.tt/3BDTZ2S

In 1999, Warren Buffett was asked what you should do to get as rich as him—his advice still applies today

The Oracle of Omaha said that if he were graduating from college in 1999 and had $10,000 to invest, he would be strategic about choosing where to put his money. from International: Top News And Analysis https://ift.tt/3iJy6H1

Israel says Pfizer Covid vaccine is just 39% effective as delta spreads, but still prevents severe illness

Pfizer and BioNTech's Covid-19 vaccine is just 39% effective against delta in Israel, but still provides strong protection against severe illness and hospitalization. from International: Top News And Analysis https://ift.tt/2UyJ1eH

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

Here comes one of the biggest market weeks of the summer. from International: Top News And Analysis https://ift.tt/3kQIgIE

The rapid growth the U.S. economy has seen is about to hit a wall

The US. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in. from International: Top News And Analysis https://ift.tt/3wVqiHa

After being ravaged by the delta Covid variant, how is India doing now?

What's the pandemic picture like in India, where the delta variant first emerged? from International: Top News And Analysis https://ift.tt/3zxwOpn

Another group of U.S.-listed China stocks are plunging as Beijing regulators crack down

Two U.S.-listed Chinese education stocks plunged in pre-market trading Friday after reports of government crackdown that included bans on foreign investment. from International: Top News And Analysis https://ift.tt/3kPi3Ku

The global IPO market had its strongest second quarter in 20 years, report says

Global IPO activity had its hottest second quarter for 20 years by volumes and proceeds, with momentum set to continue for the remainder of the year, according to a new report from EY. from International: Top News And Analysis https://ift.tt/3BAWfrG

ECB hawk says dissent at the central bank shouldn't be dramatized, rate hike still way off

One of the more hawkish members of the European Central Bank has sought to downplay the division seen at the Frankfurt institution this week. from International: Top News And Analysis https://ift.tt/3BxJjmI

Hours before the Tokyo Olympics opening ceremony, the IOC says everything that can be done has been done

The International Olympic Committee says organizers have done all they can to ensure a safe games as the coronavirus pandemic rages on. from International: Top News And Analysis https://ift.tt/2UEoEww

Indian eyewear start-up Lenskart plans to go public in the next three years, CEO says

Lenskart said this week it received $220 million in funds, led by Singapore state investor Temasek and Falcon Edge Capital. from International: Top News And Analysis https://ift.tt/3zuqMWC

Nomura sees Singapore stocks benefiting from the global economic reopening

Chetan Seth of Nomura says the relative outperformance of Singapore stocks regionally has been driven by the country's banks. from International: Top News And Analysis https://ift.tt/3hUKq86

Singapore retailers are reeling from further Covid measures as sales drop 70% for some

Singapore retailers have seen sales plunge between 30% to 70% since the start of Covid-19, says the executive director of the Singapore Retailers Association. from International: Top News And Analysis https://ift.tt/3rvMeaP

Nightclubs are a new battleground against Covid, but the young yearn for freedom

The night time economy is re-opening just as coronavirus cases soar, particularly among the young. from International: Top News And Analysis https://ift.tt/2V9Iq2E

Shares of Indian food delivery start-up Zomato jump over 70% in market debut

As of 12:55 p.m. HK/SIN, Zomato shares traded at 130.7 rupees, slightly off an earlier session high of 138.90 rupees. from International: Top News And Analysis https://ift.tt/2TuDzc1

UK college offers medical students $13,700 in cash to defer their degree

The University of Exeter is offering students who want to study medicine a £10,000 ($13,735) bursary and free first-year accommodation to defer their place. from International: Top News And Analysis https://ift.tt/2WgQYFT

'I might pump but I don’t dump': Elon Musk says he plans to hold bitcoin long-term⁠—here's why that could be a good strategy

Though experts warn that bitcoin can be a risky, speculative investment, many agree that Elon Musk's long-term holding strategy may be the best practice. from International: Top News And Analysis https://ift.tt/3hV7G5M

Everything you always wanted to know about yachting, but were too afraid to ask

CNBC spoke with several yacht owners who agreed to answer all questions — with no topics off limits. from International: Top News And Analysis https://ift.tt/36RPkMV

‘I think people are underestimating how bad this is going to get': Dr. Ashish Jha on the delta variant

Dr. Ashish Jha explains why he thinks people are underestimating how bad the Covid surge is going to get as a result of the delta variant. from International: Top News And Analysis https://ift.tt/3wYkdd7

Asia-Pacific stocks dip as investors watch China tech shares in Hong Kong

Investors will watch Chinese tech shares in Hong Kong after Bloomberg News reported that Beijing is considering harsh penalties on ride-hailing giant Didi. from International: Top News And Analysis https://ift.tt/3iCgCfy

Futures edge higher after stocks notch 3-day win streak

Stock futures edged slightly higher in overnight trading after a rise in tech stocks boosted the Nasdaq Composite to its third-straight positive day on Thursday from International: Top News And Analysis https://ift.tt/3kNyDKC

Steve Jobs' 1973 job application is up for auction as an NFT

The one-page-long application was created by Jobs after he dropped out of Reed College and three years before he founded Apple. from International: Top News And Analysis https://ift.tt/3kLtlPC

Elon Musk: It’s possible to make 'extremely safe' nuclear plants

"It’s possible to make very, extremely safe nuclear," Elon Musk said at The B-Word conference hosted by the Crypto Council for Innovation. from International: Top News And Analysis https://ift.tt/3BtfX8N

Virgin Galactic flight test director Mark Stucky, who led first spaceflight, departs from company

Mark “Forger” Stucky, Virgin Galactic’s flight test director and pilot, is no longer with the space tourism firm. from International: Top News And Analysis https://ift.tt/3zv54Sl

Twitter posts fastest revenue growth since 2014 in pandemic rebound

Twitter's business rebounded in the second quarter after experiencing a sharp decline last year with the arrival of the coronavirus pandemic. from International: Top News And Analysis https://ift.tt/3x1OZlc

Delta variant is one of the most infectious respiratory diseases known, CDC director says

Covid hospitalizations are up 32% from last week at about 3,500 per day and deaths have also increased 19% in the same time frame to about 240 per day. from International: Top News And Analysis https://ift.tt/3hXH9Vo

Intel beats, but guides to lower margins for Q3

CEO Pat Gelsinger has announced plans for Intel to transform itself by manufacturing chips for other companies. from International: Top News And Analysis https://ift.tt/3ztOGkH

U.S. launched overnight airstrikes on the Taliban to support Afghan forces

The strikes are the first known since U.S. Army Gen. Scott Miller stepped down from his role last week. from International: Top News And Analysis https://ift.tt/3zoQf3x

Watch Christine Lagarde speaking after the ECB's latest rate decision

European Central Bank President Christine Lagarde is giving a press conference after the bank's latest monetary policy decision. from International: Top News And Analysis https://ift.tt/3ByfkuW

Indonesia reported the highest new Covid cases in the world last week, says WHO

Indonesia reported 350,273 new infections between July 12 and July 18, a 44% increase from the week before, the World Health Organization said. from International: Top News And Analysis https://ift.tt/3zq4ghu

European Central Bank holds interest rates but tweaks guidance

The European Central Bank on Thursday held monetary policy steady, but tweaked its guidance to reflect its recently-hiked inflation target. from International: Top News And Analysis https://ift.tt/3BEQ9qy

Visa makes another big bet on fintech, buying UK payments start-up Currencycloud

Visa is buying Currencycloud in a deal valuing the British payments start-up at £700 million. from International: Top News And Analysis https://ift.tt/3kNzTNM

UK digital bank Starling trims losses as revenue skyrockets 600%

Starling is "very much on track" to post its first full year of profitability in 2022, CEO Anne Boden said. from International: Top News And Analysis https://ift.tt/2Tr8mGD

Europe's travel industry is on a knife edge as Covid surges, again

As Covid-19 vaccines were rolled out across Europe there were high hopes for a rebound in summer tourism in 2021. Instead, the season is looking highly uncertain. from International: Top News And Analysis https://ift.tt/3hV01Ew

Anxious about the easing of Covid restrictions? Here are 7 tips to help deal with it

After almost 16 months of on-off lockdowns around the world, many people feel anxious about changes to Covid rules. from International: Top News And Analysis https://ift.tt/3zmruoD

Smartphone shipments in India fell 13% on-quarter as Chinese firms maintain their stronghold

Smartphone makers shipped about 32.4 million devices in India between April and June, according to research firm Canalys. from International: Top News And Analysis https://ift.tt/3rrrPDD

TikTok star Brooke Monk gained 16 million followers in less than 2 years — here’s her secret

In less than two years, Brooke Monk has amassed over 16 million followers on TikTok. But she told CNBC that she didn't set out to become an influencer.  from International: Top News And Analysis https://ift.tt/3hSZpzs

Shares of Australian miner BHP jump 3% after news of nickel supply deal with Tesla

"Demand for nickel in batteries is estimated to grow by over 500 per cent over the next decade, in large part to support the world's rising demand for electric vehicles," BHP said. from International: Top News And Analysis https://ift.tt/3eIJmSy

The bond market is torn over the potential for higher inflation and lower growth

A volatile environment for government bonds is reflecting a highly uncertain future for the U.S. economy. from International: Top News And Analysis https://ift.tt/2UqP8lb

Elon Musk says Tesla caused two-thirds of his personal and professional pain

Musk also acknowledged that Tesla is still not manufacturing its custom-designed 4680 cells for commercial use in electric cars or energy storage systems yet. from International: Top News And Analysis https://ift.tt/3iz8nRr

Elon Musk says Tesla will likely start accepting bitcoin again

Tesla paused accepting bitcoin over environmental concerns. from International: Top News And Analysis https://ift.tt/3kHrXO7

Once-a-century opportunities will emerge from a 'struggle for supremacy' between the U.S. and China, economist says

Liu Yuhui, chief economist at Tianfeng Securities and director at a government think tank, spoke at asset manager ChinaAMC's investment strategy conference. from International: Top News And Analysis https://ift.tt/3hXCmnc

Asia-Pacific stocks edge higher; bitcoin bounces back

The price of bitcoin rebounded after recently falling below the $30,000 mark. It traded at $32,142.16 as of 8:11 p.m. ET Wednesday, according to Coin Metrics. from International: Top News And Analysis https://ift.tt/3zmmeBh

This 26-year-old American teaches English in South Korea—here's her advice to people who want to live and work abroad

In November 2019, Michaela Cricchio, 26, booked a one-way flight to South Korea to teach English abroad. from International: Top News And Analysis https://ift.tt/3rqEFC2

Stock futures are flat after major averages turn positive for the week

U.S. stock index futures were little changed in overnight trading. from International: Top News And Analysis https://ift.tt/3xWyQ1Z

Netflix execs explain why they're getting into video games — to learn from users

Superficially, Netflix is adding video games because they're fun — but dig deeper, and gaming is all about data and intellectual property extension. from International: Top News And Analysis https://ift.tt/3BqWXYF

Fauci says vaccinated people 'might want to consider' wearing masks indoors as delta variant surges in U.S.

Fauci said that people who want to go the extra mile of safety could wear a mask indoors. from International: Top News And Analysis https://ift.tt/3BCNttw

U.S. coordinating with allies to evacuate 4,000 Afghan nationals who helped coalition forces

The United States is working with allies on securing several overseas locations for approximately 4,000 Afghan nationals and their families. from International: Top News And Analysis https://ift.tt/2VXXGQI

Jack Dorsey hopes bitcoin will help bring about world peace

"My hope is that is creates world peace or helps create world peace," Dorsey said during a "The B Word" webinar on Wednesday. from International: Top News And Analysis https://ift.tt/3eD8475

U.S., Germany strike a deal to allow completion of controversial Russian Nord Stream 2 pipeline

The United States and Germany reached an agreement on the $11 billion Nord Stream 2 pipeline, a thorny, long-standing point of contention. from International: Top News And Analysis https://ift.tt/3BpJyzX

Ethereum price rises after Elon Musk confirms he owns the cryptocurrency

Musk also expressed his support for cryptocurrency in general, despite environmental concerns related to mining. from International: Top News And Analysis https://ift.tt/3irAfXu

John Kerry issues warning over climate, calls on China to step up on emissions cuts

World leaders are set to gather in Glasgow, Scotland, for the COP26 climate change summit later this year. from International: Top News And Analysis https://ift.tt/3kFsJuY

Deputy Secretary of State Wendy Sherman is set to visit China next week

Wendy Sherman's trip to China marks the second time the world's two largest economies hold high-level, in-person talks since President Joe Biden took office. from International: Top News And Analysis https://ift.tt/36R5w0Y

The beta Covid variant is causing concerns in Europe, should we be worried?

There are quiet concerns in parts of Europe about the Covid mutation known as the "beta" variant that was first discovered in South Africa. from International: Top News And Analysis https://ift.tt/3hU6teZ

UK to reportedly warn EU that it may override key Brexit agreement on Northern Ireland

The U.K. is expected to warn the European Union that it is willing to unilaterally override the Northern Ireland Protocol, according to British media reports. from International: Top News And Analysis https://ift.tt/3rneEng

Bitcoin climbs back above $30,000, rebounding after a sell-off in cryptocurrencies

The price of bitcoin rose almost 4% to bounce back above $30,000 Wednesday. from International: Top News And Analysis https://ift.tt/3eFKZAq

BlackRock upgrades Japan stocks, says they're attractive despite Olympics Covid risks

BlackRock upgraded Japanese stocks this week, saying that earnings growth will be lifted in the second half of this year, even as its "virus dynamics" improve. from International: Top News And Analysis https://ift.tt/3rr5JBu

Foxconn says critical iPhone factory hasn't been hit by massive floods in China

Zhengzhou, in China's central Henan province, has been hit with torrential rain and intense flooding reportedly causing at least 12 deaths. from International: Top News And Analysis https://ift.tt/3kFDEVq

Parents should help their children cultivate these three traits to succeed, expert says

Parents should be helping their children cultivate three distinct character traits to succeed in life, argues one expert. from International: Top News And Analysis https://ift.tt/3zowkSr

China scraps fines, will let families have as many children as they'd like

Families in China can now have as many children as they like without facing fines or other consequences, the Chinese government said late Tuesday. from International: Top News And Analysis https://ift.tt/3kIJTI6

Covid appears to be the 'Achilles' heel' for Southeast Asian economies, says Jefferies

Many economies in Southeast Asia have struggled to get to grips with Covid in their countries, says Sean Darby from Jefferies. from International: Top News And Analysis https://ift.tt/3BoOchA

WHO chief tells International Olympic Committee global failure to share resources is fueling a 'two-track pandemic'

WHO's Tedros Adhanom Ghebreyesus also criticized the vaccine discrepancies between wealthy and low-income countries. from International: Top News And Analysis https://ift.tt/3xYwzmL

As China's debt risks grow, here are 3 warning signs to watch

Weak spots are emerging in China's growing debt pile, and high-profile cases are troubling markets. Here are three important developments to watch. from International: Top News And Analysis https://ift.tt/3izyW8W

Dr. Vin Gupta encourages J&J vaccine recipients to get a Pfizer or Moderna booster

Dr. Vin Gupta explains why he’s encouraging patients who received the single-shot J&J Covid vaccine to get a Pfizer or Moderna booster shot. from International: Top News And Analysis https://ift.tt/3BkDDMN

Tom Barrack's arrest puts the spotlight on United Arab Emirates' crucial role in Trump's foreign policy

Trump ally Tom Barrack's arrest put a spotlight on the United Arab Emirates, a key player in former President Donald Trump's Middle East policy. from International: Top News And Analysis https://ift.tt/3eElPSY

'If anybody is lying here, senator, it is you,' Fauci tells Sen. Paul in heated exchange at Senate hearing

The two men have exchanged blows at several Senate hearings, but Fauci says the case is now closed. from International: Top News And Analysis https://ift.tt/3irrU6p

Asia-Pacific stocks set for mixed start following Wall Street rebound

The Dow Jones Industrial Average jumped more than 500 points overnight stateside, mostly recovering from its Monday plunge. from International: Top News And Analysis https://ift.tt/3it6vd3

Watch these key levels for bitcoin next after its break below $30,000, traders say

As bitcoin falls below $30,000, Delano Saporu of New Street Advisors and Katie Stockton of Fairlead Strategies share what levels they're watching next. from International: Top News And Analysis https://ift.tt/3eEtlgN

Tokyo Olympics ready to start, but Covid overshadows the world's greatest sports spectacle

After a one-year delay, weeks of bad headlines, and public backlash in Japan, the world's most significant sporting event is set to open Friday. from International: Top News And Analysis https://ift.tt/3xTXLDe

Stock futures are flat after major comeback on Wall Street, earnings continue

On Tuesday, stocks rebounded sharply from Monday's sell-off triggered by a Covid-inspired global growth scare. from International: Top News And Analysis https://ift.tt/3kFLEG2

Revolut, Europe's $33 billion fintech giant, launches a travel booking feature

Revolut launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app. from International: Top News And Analysis https://ift.tt/3wTqc2O

Jeff Bezos looks to life beyond Amazon after historic space ride

Blue Origin's momentous manned rocket launch marks the beginning of Bezos' second act after he stepped down as CEO of Amazon earlier this month. from International: Top News And Analysis https://ift.tt/3hYjyEp

Netflix misses subscriber growth and earnings expectations

Netflix reported earnings after the bell. Here are the results. from International: Top News And Analysis https://ift.tt/3xTHnTl

Tom Barrack charged with illegally lobbying then-President Trump on behalf of UAE

Thomas Barrack, who served as chairman of the 2017 inaugural fund for then-President Donald Trump, has been arrested on federal charges. from International: Top News And Analysis https://ift.tt/36VLCBD

Dutch try to stamp out rule-breaking in bars and cafes as Covid infections soar

Rule-breaking in cafes and bars in Holland is a persistent problem that the hospitality industry must deal with, the country's prime minister said on Monday. from International: Top News And Analysis https://ift.tt/36UHfGZ

The UK chip plant that’s being sold to a Chinese-owned firm has over a dozen contracts with the British government

Newport Wafer Fab, a U.K. chip plant that's being sold to Chinese-owned Nexperia, has a number of contracts with the U.K. government's innovation agency. from International: Top News And Analysis https://ift.tt/3kHLb6p

CO2 emissions set to hit record levels in 2023 and there's 'no clear peak in sight,' IEA says

Achieving climate-related goals is a major challenge for governments around the world. from International: Top News And Analysis https://ift.tt/3BvjNhZ

Indonesia must 'protect the people' without sacrificing the economy, finance minister says

Indonesia's finance minister Sri Mulyani Indrawati discusses the country's shifting budgetary focus to "protect the people" without sacrificing the economy. from International: Top News And Analysis https://ift.tt/2W2px2j

What to look out for as Europe’s earnings season begins, according to the experts

Europe's corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter. from International: Top News And Analysis https://ift.tt/3iwS73z

Singapore tightens restrictions again as Covid cases rise

The new restrictions will go into effect from this Thursday, July 22 through to Aug. 18. from International: Top News And Analysis https://ift.tt/3iw85uw

Chinese driverless car start-up WeRide makes first acquisition as competition ramps up

Chinese driverless car start-up WeRide has made its first acquisition, an autonomous trucking firm called MoonX, as it looks to commercialize self-driving tech. from International: Top News And Analysis https://ift.tt/3rlNvkE

Carbon capture is expected to play a pivotal role in the race to net zero emissions. But not everyone agrees

Climate researchers, campaigners and environmental advocacy groups argue that carbon capture technology is not a solution to the world's' climate challenge. from International: Top News And Analysis https://ift.tt/3zeeqBv

Here are the cheapest places to live in London

Buying or renting in London remains notoriously expensive. CNBC looks at which areas are currently the cheapest in the U.K. capital.  from International: Top News And Analysis https://ift.tt/3eAvSbK

Stock futures rebound slightly after the Dow suffers worst day since October

Wall Street suffered a sharp sell-off Monday as investors feared that the delta coronavirus variant could hinder the economic recovery. from International: Top News And Analysis https://ift.tt/3iqt0zl

Debt-laden China Evergrande shares drop 14% to four-year lows

Shares of China Evergrande fell Tuesday following news of an asset freeze that renewed attention on the real estate conglomerate's debt woes. from International: Top News And Analysis https://ift.tt/3BvUZGy

UBS reports 63% jump in net profit to $2 billion, helped by 'favorable' market conditions

Swiss banking giant UBS has beaten second-quarter earnings expectations, reporting net profit attributable to shareholders of $2 billion. from International: Top News And Analysis https://ift.tt/3iviKFM

$90 billion wiped off crypto market as bitcoin drops below $30,000 for first time in nearly a month

Bitcoin fell below $30,000 for the first time since Jun. 22 on Monday dragging other digital coins lower. from International: Top News And Analysis https://ift.tt/3ipZ4TL

Travel prices and crowds are surging — but not at these U.S. destinations

With American vacationers congregating in many of the same destinations, some travel spots — even well-known ones — have fewer people than usual. from International: Top News And Analysis https://ift.tt/3iqjcFw

Asia-Pacific stocks fall after Dow sees worst drop since October

The Dow Jones Industrial Average fell more than 700 points overnight on Wall Street as fears over a Covid resurgence weighed on investor sentiment. from International: Top News And Analysis https://ift.tt/3BmCXXa

Apple iPhones can be hacked with spyware even if you don't click on a link, Amnesty International says

The nature of the attacks suggests that avoiding clicking on unknown or phishing links in messages may not protect iPhone users against NSO's software. from International: Top News And Analysis https://ift.tt/3BeiTWV

Billionaire Joe Tsai is the "mystery buyer" behind $157 million Manhattan apartment deal

Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million apartment deal in Manhattan's most prestigious condo tower, according to people familiar with the deal. from International: Top News And Analysis https://ift.tt/3xSn3BG

It's official: The Covid recession lasted just two months, the shortest in U.S. history

The Covid-19 recession is in the books as the shortest in U.S. history, the National Bureau of Economic Research said Monday. from International: Top News And Analysis https://ift.tt/3riXJlG

Trump says of Capitol rioters who sought to overturn Biden's win: 'What I wanted is what they wanted'

Former President Donald Trump continues to falsely claim he lost to Joe Biden due to fraud. from International: Top News And Analysis https://ift.tt/3hMiLpU

Fintech keeps minting billionaires as Robinhood co-founders prepare for massive IPO

Based on the middle of Robinhood's expected IPO price range provided on Monday, co-founders Vlad Tenev and Baiju Bhatt each own stakes worth about $2.6 billion. from International: Top News And Analysis https://ift.tt/3hRYhMx

WHO officials say we could have Covid under control next year 'if we're really lucky'

The pandemic could end sooner if countries ensure the vaccines are distributed equitably to poorer nations. from International: Top News And Analysis https://ift.tt/3kz1qT3

CDC tells individuals to 'avoid travel' to the UK as Covid cases rise

The CDC told travelers to avoid traveling to the UK as the delta variant of Covid-19 continues to spread. from International: Top News And Analysis https://ift.tt/3z904T0

YouTube to add labels to some health videos amid misinformation backlash

The Surgeon General last week called out social media companies for their role in surfacing false information about Covid-19 and vaccines. from International: Top News And Analysis https://ift.tt/3wQ82Pt

Peloton reportedly preparing to enter the video game business

Peloton is about to debut an in-app video game called Lanebreak, according to a report in The Verge. from International: Top News And Analysis https://ift.tt/3kyy2MI

What to look out for as Europe’s earnings season begins, according to the pros

Europe's corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in EPS for the second quarter. from International: Top News And Analysis https://ift.tt/3rmfHUk

Germany mourns after devastating floods which could be a political game-changer

The clear up has barely begun after extensive flooding in Germany and beyond but already the costs — both human and economic — are staggering. from International: Top News And Analysis https://ift.tt/3xLL7Ge

'It's a gamble': England's 'big bang' easing of Covid rules could go either way, experts note

Criticism is mounting on Prime Minister Boris Johnson and his government for the decision to go ahead with the lifting of Covid-19 restrictions in England. from International: Top News And Analysis https://ift.tt/3wPkDlZ

U.S., NATO and EU to blame China for cyberattack on Microsoft Exchange servers

A new alliance of NATO members, the European Union, Australia, New Zealand and Japan will confront the threat posed by Chinese state-sponsored cyberattacks. from International: Top News And Analysis https://ift.tt/3ey3BCs

Europe markets drop 2% as Covid spread fears resurface; oil stocks tumble; Carnival down 8%

European stocks fell on Monday as investors react skittishly to rising cases of Covid-19 around the world, fueled by the highly-transmissible delta variant. from International: Top News And Analysis https://ift.tt/2VXR19i

Tencent says it's buying UK video game developer Sumo Group, sending shares flying

Tencent said Monday it has agreed to acquire British video game developer Sumo Group for £919 million ($1.26 billion). from International: Top News And Analysis https://ift.tt/36K9Vm3

U.S. warning about Hong Kong signals Washington could do 'a lot more,' lawyer says

The U.S. warning to American firms operating in Hong Kong signals that Washington could take further action, says Adam Smith of Gibson, Dunn & Crutcher. from International: Top News And Analysis https://ift.tt/3zal4Ja

Bill Ackman’s Pershing Square drops deal to buy 10% of Universal Music

Billionaire investor Bill Ackman's blank-check company said Monday it had dropped a deal to buy 10% of Vivendi's flagship Universal Music Group. from International: Top News And Analysis https://ift.tt/2UmOapO

England takes leap into the unknown, lifting Covid rules as cases surge

England is taking a step into the unknown on Monday, lifting nearly all remaining restrictions on public life at a time when coronavirus infections are high. from International: Top News And Analysis https://ift.tt/3evuRl4

OPEC+ oil deal sends prices lower — and this could be a buying opportunity

OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022.  from International: Top News And Analysis https://ift.tt/3kwYp5z

Viral video shows Malaysian police destroying 1,069 bitcoin mining rigs with a steamroller

Police seize and steamroll 1,069 bitcoin machines worth $1.26 million. from International: Top News And Analysis https://ift.tt/2Uh0IPP

Chinese electric carmaker Xpeng prices its new sedan at $24,700 undercutting Tesla

There are six different versions of Xpeng's P5, the company's third production model, ranging from 160,000 yuan ($24,694) to 230,000 yuan. from International: Top News And Analysis https://ift.tt/3wOGFFs

Leisure travel is bouncing back in parts of Asia but risks remain, says hotelier

With tourist hotspots like Phuket and Koh Samui open to international tourists quarantine-free, the darkest days for the hotel and tourism industry may soon be over. from International: Top News And Analysis https://ift.tt/3rhmmiE

Zoom is buying cloud contact center provider Five9 for $14.7 billion

Zoom announced on Sunday that it's acquiring Five9 for $14.7 billion to expand beyond video conferencing. from International: Top News And Analysis https://ift.tt/3imcEHL

The 149th Open: Collin Morikawa holds off Jordan Spieth to win by two shots on Open debut

Collin Morikawa created major history at Royal St George's as he celebrated his Open debut with a magnificent two-shot victory over Jordan Spieth. from International: Top News And Analysis https://ift.tt/3ksZNq1

Japan's Nikkei 225 falls 1% as Asia-Pacific stocks slip; OPEC and allies reach deal

OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022. from International: Top News And Analysis https://ift.tt/3ksVbQN

China tech stocks are on sale — one key level to watch if you're considering buying

JD.com's stock is approaching a make-or-break level on the technical charts, MKM Partners' JC O'Hara says. from International: Top News And Analysis https://ift.tt/3erqK9I

It's ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns

David Tice, who’s known for selling his Prudent Bear Fund as the 2008 financial crisis was unfolding, delivers a grim prognosis to Wall Street. from International: Top News And Analysis https://ift.tt/3ez09aW

Stock futures are flat after major averages post first negative week in four

U.S. stock index futures were little changed during overnight trading on Sunday after the major averages snapped a three-week winning streak. from International: Top News And Analysis https://ift.tt/3zcnBTi

Israeli spyware used to target phones of journalists and activists, investigation finds

The military-grade spyware used to hack the phones was reportedly licensed by the Israeli spyware firm NSO Group, a media investigation found. from International: Top News And Analysis https://ift.tt/3eyQP6L

OPEC and allies target full end to oil production cuts by September 2022, increase supply as prices climb

from International: Top News And Analysis https://ift.tt/3zcKhmq

How the U.S. became the world's new bitcoin mining hub

The U.S. is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's bitcoin miners. from International: Top News And Analysis https://ift.tt/3evVq9Y

Nottingham Trent University withdraws offer from student over racist Snapchat aimed at England players

A university has withdrawn an offer to a student following racist abuse towards England players after the Euro 2020 final. from International: Top News And Analysis https://ift.tt/3inWTjs

Photos show disastrous flooding in western Europe

The death roll rose above 150 on Saturday, according to media reports, with that figure expected to rise as the flood waters recede. from International: Top News And Analysis https://ift.tt/3ev2Mul

Tesla owners can now get 'FSD' premium driver assistance for $199 per month

Tesla just introduced subscriptions for its premium driver assistance package for $199 a month, rather than $10,000 up front. from International: Top News And Analysis https://ift.tt/2Uk7moi

Infectious disease expert agrees with Biden that platforms like Facebook are 'killing people' with Covid misinformation

Dr. Nahid Bhadelia explains why she agrees with President Joe Biden’s assertion that platforms like Facebook are killing people. from International: Top News And Analysis https://ift.tt/3ii6icn

Amazon asked Apple to remove an app that spots fake reviews, and Apple agreed

Fakespot is a well-known app used to help shoppers detect fraudulent reviews on Amazon. from International: Top News And Analysis https://ift.tt/3rnMZCQ

Iron ore is in a bull market — and it won't run out of steam soon, says Goldman

Iron ore has been in a bull market for more than two years, and it's not about to end soon, according to Nicholas Snowdon of Goldman Sachs. from International: Top News And Analysis https://ift.tt/3B8YwKt

China's Xiaomi overtakes Apple in the global smartphone market

Xiaomi had a 17% share of global smartphone shipments, ahead of Apple's 14% and behind Samsung's 19%, according to Canalys. from International: Top News And Analysis https://ift.tt/3xMtzcW

The G-20’s global crackdown could create a new kind of tax haven

So far, 132 countries have signed up to the OECD's proposal, although several countries are known to harbor serious reservations over the terms of the deal. from International: Top News And Analysis https://ift.tt/3hIzPwP

Chinese regulators from 7 departments visit Didi for cybersecurity review

Didi was placed under cybersecurity review this month days after its high-profile listing in the U.S. from International: Top News And Analysis https://ift.tt/3rc2bmi

Stock futures little changed as Wall Street wraps up first week of second-quarter earnings

Futures were little changed early Friday morning as Wall Street neared the end of the first major week of second-quarter earnings reports. from International: Top News And Analysis https://ift.tt/3z7wUnt

The U.S. will warn companies about Hong Kong's 'deteriorating' situation, Biden says

U.S. President Joe Biden said China's government "is not keeping its commitment" that it made on Hong Kong. from International: Top News And Analysis https://ift.tt/3BcfTdk

No evidence yet that it's time for a 3rd booster, says former FDA director

There's not enough evidence that booster vaccines are needed for now, said Norman Baylor, president and chief executive officer of Biologics Consulting. from International: Top News And Analysis https://ift.tt/3z3FC65

Google separates with Cloud VP after employees complain about manifesto

Google has separated with its VP of developer relations for Google Cloud after a contentious all-hands where the employees voiced concern about manifesto. from International: Top News And Analysis https://ift.tt/3hJUEYO

SPACs are targeting Southeast Asia's start-ups, and investors are taking note

More than 40 SPACs — or special purpose acquisition companies — are targeting the region, according to Vinnie Lauria, managing partner at Golden Gate Ventures. from International: Top News And Analysis https://ift.tt/3rdtQTW

Biden and Merkel warn Russia cannot use Nord Stream gas pipeline as weapon against Ukraine

President Joe Biden and German Chancellor Angela Merkel delivered remarks at the White House on Thursday in what is likely to be her last visit to Washington.  from International: Top News And Analysis https://ift.tt/3kkAlTz

Biden says U.S. is not sending troops to Haiti after assassination of nation's president

President Joe Biden said Thursday that the U.S. has no plans to send troops to Haiti in the wake of the assassination of President Jovenel Moise. from International: Top News And Analysis https://ift.tt/3z2YuSB

Goldman Sachs says Covid delta variant could 'significantly' hit growth in Southeast Asia

The spread of the more transmissible delta variant has pushed daily Covid-19 cases to record highs in Indonesia, Malaysia and Thailand in recent weeks. from International: Top News And Analysis https://ift.tt/3B9vdrh

How a 26-year-old expat in Seoul, South Korea lives on $24,000 a year

Michaela Cricchio grew up wishing she could travel the world. Two years ago, she made plans to become a digital nomad and now teaches English abroad. from International: Top News And Analysis https://ift.tt/3BhGTIK

Elon Musk admits Tesla's Cybertruck could flop

Tesla CEO Elon Musk admitted Thursday on Twitter that the Cybertruck might flop but said he doesn't care because he loves its unusual trapezoid-like design. from International: Top News And Analysis https://ift.tt/3kpqo7k

Asia-Pacific stocks set to decline; Bank of Japan rate decision ahead

The Bank of Japan is set to release its monetary policy statement at 11:00 a.m. HK/SIN on Friday. from International: Top News And Analysis https://ift.tt/3kkA3Mx

Mark Wahlberg-backed F45 pops on IPO day. The actor says the workouts have incredible energy

"The energy is absolutely incredible" at the company's studios, Mark Wahlberg told CNBC from the floor of the NYSE before the stock started trading. from International: Top News And Analysis https://ift.tt/3z2c0pH

A psychotherapist says parents who raise confident, mentally strong kids always do these 3 things when praising their children

Parents want their kids to feel good about themselves, but psychologists agree that overpraising can be harmful. Here are the common mistakes to avoid. from International: Top News And Analysis https://ift.tt/2UdZHI4

Oatly short seller says stock worth less than $10 after accusing company of overstating revenue

Short seller Ben Axler said Thursday that Oatly's stock is worth less than $10 a share. from International: Top News And Analysis https://ift.tt/2UOZXgq

Blue Origin reveals runner-up in $28 million auction will fly with Jeff Bezos to space next week

Jeff Bezos' space venture Blue Origin on Thursday revealed that 18-year-old Oliver Daemen will fly in place of the still-anonymous auction winner. from International: Top News And Analysis https://ift.tt/2TaPbke

Activewear and workout stocks are on the move. Two traders flag their favorites

With workout stocks on the move, one activewear name in particular is the most attractive, two traders agree. from International: Top News And Analysis https://ift.tt/3igjChl

Yellen sees 'several more months of rapid inflation,' worries about impact on homebuyers

Treasury Secretary Janet Yellen expects inflation run to ease, though she cautioned that prices could continue to rise over the next several months. from International: Top News And Analysis https://ift.tt/3eoyg5c

PayPal increases weekly cryptocurrency purchase limit fivefold to $100,000

PayPal users can now buy $100,000 of bitcoin and other digital assets per week, up from a previous limit of $20,000. from International: Top News And Analysis https://ift.tt/3BajuZJ

There's a gold rush to acquire successful Amazon sellers

At the Prosper Show in Las Vegas this week, Amazon seller aggregator Acquco launched a program to give away $10 million in Tesla Model Ys for referrals. from International: Top News And Analysis https://ift.tt/3xJE4xT

Morgan Stanley earnings beat estimates as stock trading and investment banking top expectations

Morgan Stanley's equities trading produced $2.83 billion in revenue, more than $400 million over what analysts had expected. from International: Top News And Analysis https://ift.tt/3ro8QtX

Renewable electricity generation is growing — but it's not enough to meet rising demand, IEA says

Report comes a few months before the COP26 climate change summit in Glasgow, Scotland. from International: Top News And Analysis https://ift.tt/3xKdK6F

Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC merger

Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. from International: Top News And Analysis https://ift.tt/3xHb8qn

Building ethical AI products can put businesses at a competitive advantage

Current AI systems can automate repetitive tasks, analyze large volumes of data, recommend content, translate languages and even play games. from International: Top News And Analysis https://ift.tt/2U4UouF

Lionel Messi: Barcelona forward agrees contract extension with 50% pay cut

Lionel Messi has reached a verbal agreement on a five-year contract extension at Barcelona, with his salary to be reduced by 50% under terms of the new deal. from International: Top News And Analysis https://ift.tt/2U4M8e9

Digital bank Revolut valued at $33 billion in funding round led by SoftBank and Tiger Global

British fintech firm Revolut said Thursday it had raised $800 million in a new funding round led by SoftBank and Tiger Global. from International: Top News And Analysis https://ift.tt/3ibMN5j

Chinese tech giants look to make business changes in a bid to preempt regulators

Chinese regulators have introduced new rules in areas from anti-monopoly to data security. Big tech firms are looking to get ahead of the rules. from International: Top News And Analysis https://ift.tt/3z1lDVG

Wall Street analysts see these risks causing a ‘growth scare’ for global markets

With Covid-19 cases on the rise due to the surging delta variant and a range of macroeconomic shifts, the market narrative has moved from "goldilocks to growth scare," says Barclays. from International: Top News And Analysis https://ift.tt/2U4lfqH

Lebanon's army needs $100 million immediately for soldiers' basic needs, general says

Lebanon's economy is in freefall after the country failed to form a government. from International: Top News And Analysis https://ift.tt/3kkZP32

Chinese ride hailing rivals look to take advantage of Didi’s troubles

Didi's rivals in China are trying to eat away at the company's market share as it faces a crackdown from regulators. from International: Top News And Analysis https://ift.tt/3z3KRmn

HSBC sees Singapore as a standout among Southeast Asia's markets as region grapples with Covid

James Cheo of HSBC Private Banking & Wealth Management says economic data and earnings out of Singapore is starting to appear "extremely strong." from International: Top News And Analysis https://ift.tt/3B6HMnm

China's GDP grew 7.9% in the second quarter; retail sales beat expectations

China reported second-quarter GDP growth that came in slightly below expectations, while retail sales and industrial production grew faster than forecast. from International: Top News And Analysis https://ift.tt/36zjiVx

Shares in Asia-Pacific set for lower start as investors await China's second-quarter GDP data

Chinese economic data, including the country's second quarter GDP print as well as retail sales for June, is set to be out at 10:00 a.m. HK/SIN. from International: Top News And Analysis https://ift.tt/2TbRXpz

The junk bond market is on fire this year as yields hit a record low

Yields in the $10.6 trillion space for the lowest-grade bonds in terms of quality are at historic lows after a tumultuous year. from International: Top News And Analysis https://ift.tt/3rbyimk

Stock futures are flat ahead of more earnings and jobs data

The S&P 500 climbed 0.12% on Wednesday after hitting an intraday record earlier in the session. from International: Top News And Analysis https://ift.tt/3iao2GF

The co-creator of dogecoin explains why he doesn't plan to return to crypto: It's 'controlled by a powerful cartel of wealthy figures'

Jackson Palmer, the co-creator of meme-inspired dogecoin, made a rare return to Twitter with some harsh words about the "cryptocurrency industry." from International: Top News And Analysis https://ift.tt/3ejwIt6

Apple reportedly wants to boost iPhone production by as much as 20% after last year's 5G super cycle

The jump from 2020 production numbers comes despite last year being what was considered to be a "super cycle," where millions sought new phones. from International: Top News And Analysis https://ift.tt/3kljY9c

Microsoft launches Windows 365 as a simpler option for cloud-based PCs

Microsoft's Azure Virtual Desktop got more popular during the pandemic. Now Microsoft is coming out with Windows 365, an alternative that requires fewer skills. from International: Top News And Analysis https://ift.tt/36DkeIy

Netflix hires Facebook gaming executive Mike Verdu as part of a deeper push into entertainment

Netflix is building on early efforts in gaming as it faces fresh competition from gaming apps such as Roblox. from International: Top News And Analysis https://ift.tt/2VAjxxo

Biden administration invites UN experts on racism to visit U.S. in bid to combat racial injustice

The Biden administration has invited United Nations experts on racism to visit the United States in an effort to address racial justice and equality. from International: Top News And Analysis https://ift.tt/3ehFBDq

FAA warns SpaceX that massive Starship launch tower in Texas is unapproved

The FAA warned Elon Musk's SpaceX in a letter two months ago that the company's work on a launch tower for upcoming Starship rocket launches is yet unapproved. from International: Top News And Analysis https://ift.tt/3idhYNA

Covid cases are surging again in Latin America and the U.S., WHO officials warn

Spikes in infections are also exacerbating instability and violence across several countries in Latin America and the Caribbean. from International: Top News And Analysis https://ift.tt/3i3TW7K

GM warns some Bolt EV owners: Don't park them inside or charge them unattended overnight

Two Bolt EVs caught fire even after they were repaired as part of a recall of nearly 69,000 of the vehicles that were flagged for fire risks. from International: Top News And Analysis https://ift.tt/3xItw1M

Nearly 3,000 guests, crew disembark cruise in Singapore after positive Covid case left them confined in cabins

Nearly 3,000 guests and crew are disembarking a Dream World Cruise in Singapore after being confined for hours due to one positive Covid-19 case. from International: Top News And Analysis https://ift.tt/3i8lgBF

OPEC reportedly reaches compromise on oil production after dispute with UAE

The temporary but unprecedented gridlock saw the UAE reject a coordinated oil production plan for the group spearheaded by its kingpin, Saudi Arabia. from International: Top News And Analysis https://ift.tt/2VJeT0f

Cryptocurrencies don't yet pose a threat to financial stability, Bank of England's Cunliffe says

Cryptocurrencies aren't yet big enough to pose a systemic risk to financial stability, Bank of England Deputy Governor Jon Cunliffe said Wednesday. from International: Top News And Analysis https://ift.tt/3xGQZ3t

Oatly accused of overstating revenue and greenwashing by activist short Spruce Point

Activist short Spruce Point Capital Management has accused Oatly of shady accounting practices and misleading investors about its sustainability practices. from International: Top News And Analysis https://ift.tt/3eehllB

UK government plans to slash transport emissions by decarbonizing aviation, trucks and rail

Focus on decarbonization of trucks would complement plans to electrify cars and vans. from International: Top News And Analysis https://ift.tt/3z1KCYZ

EU presents its plan to achieve carbon neutrality. Here's what you need to know

The 27-member bloc has vowed to become carbon neutral by 2050. from International: Top News And Analysis https://ift.tt/3i6e35f

Powell says the Fed is still a ways off from altering policy, expects inflation to moderate

from International: Top News And Analysis https://ift.tt/3wONO8V

The ECB starts work on creating a digital version of the euro

The European Central Bank announced Wednesday that it's starting work toward creating a digital euro currency as more consumers ditch cash. from International: Top News And Analysis https://ift.tt/3i1FDQU

Citigroup beats analysts’ estimates for profit, helped by $1.1 billion boost from loans

Citigroup posted second-quarter profit that beat expectations. from International: Top News And Analysis https://ift.tt/36z5Cdh

Bank of England was expecting 'bumps' as economy reopens, official says as inflation surges

The Bank of England was expecting "bumps in the way" as the economy reopened after the Covid-19 pandemic, Deputy Governor for Financial Stability Jon Cunliffe has told CNBC. from International: Top News And Analysis https://ift.tt/2U9DsTB

Gender parity on UK company boards is not likely until 2036, research says

The predicted year for gender parity on executive boards at these publicly-listed U.K. firms has gone up by four years to 2036, according to the research. from International: Top News And Analysis https://ift.tt/3yUJG8v

JPMorgan strategist says now could be the best time to buy Asia stocks

If macroeconomic momentum in Asia starts to stabilize, stocks in the region could move a lot higher, said Mixo Das, Asia equity strategist at JPMorgan. from International: Top News And Analysis https://ift.tt/3i9Heo4

Southeast Asia seeks greater tech cooperation as U.S.-China rivalry grows

Southeast Asia is home to some 400 million internet users and 10% of them went online for the first time last year. from International: Top News And Analysis https://ift.tt/3kkFPO3

Jeep unveils 2022 Compass SUV ahead of EV push

The compact SUV is the brand's best-selling vehicle globally. It is scheduled to arrive in North American showrooms starting at $24,995 in the fall. from International: Top News And Analysis https://ift.tt/2U5RfdK

Singapore's economy roars back with a 14.3% surge in the second quarter from a year ago

But compared with the previous quarter, the Singapore economy contracted by 2%, said the Ministry of Trade and Industry. from International: Top News And Analysis https://ift.tt/2UbC3f8

'Black Swan' author Nassim Taleb says bitcoin is worth zero and fails as a currency and a hedge

"The Black Swan" author Nassim Nicholas Taleb has reversed his stance on bitcoin, now saying it is worth zero and fails as a hedge. from International: Top News And Analysis https://ift.tt/3AReY1U

FCC finalizes program to rip and replace Huawei, ZTE telecom equipment in the U.S.

The U.S. government has considered the Chinese firms national security risks. from International: Top News And Analysis https://ift.tt/3AXRKav

U.S. stock futures are flat after major averages pull back from records

U.S. stock index futures wre flat in overnight trading on Tuesday after the major averages pulled back from record highs. from International: Top News And Analysis https://ift.tt/3yUeOVU

Elon Musk wraps testimony in SolarCity trial after denying he set acquisition price

Shareholders have sued Musk alleging that Tesla's acquisition of SolarCity amounted to a bailout. from International: Top News And Analysis https://ift.tt/3AYwy47

Hospitalizations rising again as delta variant spreads among the unvaccinated, doctors say

Cases are rising in unvaccinated pockets of the U.S., deaths and hospitalizations may soon follow. from International: Top News And Analysis https://ift.tt/3yZGMzD

Goldman CEO David Solomon says China’s crackdown on tech companies will delay many U.S. listings

As head of the premier global Wall Street firm, Solomon will have to navigate the increasingly fraught relationship between China and its tech sector. from International: Top News And Analysis https://ift.tt/3xDap9x

Biden picks Republican ex-Sen. Jeff Flake as U.S. ambassador to Turkey

President Joe Biden is nominating former Sen. Jeff Flake, a Republican from Arizona, as his ambassador to Turkey, Flake said. from International: Top News And Analysis https://ift.tt/3xILQYM

U.S. considering ways to help Cuban people after protests, State Department says

"We are always considering options available to us that would allow us to support the Cuban people," State Department spokesperson Ned Price said. from International: Top News And Analysis https://ift.tt/3yRd1kk

UK police seize record haul of cryptocurrency in London

British detectives have seized a record-breaking haul of cryptocurrency worth almost £180 million ($249 million) in London. from International: Top News And Analysis https://ift.tt/2TX56mV

Google hit with record $593 million fine in France over news copyright row

France's competition authority fined Google 500 million euros for failing to negotiate "in good faith" licensing deals with publishers and news agencies. from International: Top News And Analysis https://ift.tt/3wz5zZv

JPMorgan tops estimates after posting $2.3 billion benefit on better-than-expected loan losses

JPMorgan Chase is the first major lender to report second-quarter earnings. from International: Top News And Analysis https://ift.tt/3xCXl41

Europe struggles to break free of Covid restrictions as delta variant surges

As Europe struggles to contain a surge in Covid cases, a number of countries announced new restrictions this week. from International: Top News And Analysis https://ift.tt/3i8ytdV

EU delays its digital tax plan as Janet Yellen visits Brussels

The EU is delaying plans for a common digital tax in the bloc, as U.S. Treasury Secretary Janet Yellen tries to rally all European nations behind a wider global corporate tax agreement. from International: Top News And Analysis https://ift.tt/3ecDiBU

Estonia's president on why the country is not backing a global minimum corporate tax

Estonian President Kersti Kaljulaid said the country wants to know more details about how the global minimum tax will work before it backs the proposal. from International: Top News And Analysis https://ift.tt/2VE0F0D

OPEC+ deadlock is bad news for oil producers, consumers and energy transitions, IEA warns

The International Energy Agency on Tuesday warned oil markets are likely to remain volatile following a breakdown in talks between OPEC and non-OPEC allies. from International: Top News And Analysis https://ift.tt/3i2B7BO

'This feels like 1999': Global start-up funding frenzy fuels fears of a bubble

Venture capitalists are writing bigger checks than ever. from International: Top News And Analysis https://ift.tt/3yONMiA

Morgan Stanley says investors should be cautious on Chinese stocks amid tech crackdown

U.S. investment bank Morgan Stanley reiterated its call to downgrade Chinese stocks under the MSCI China index. from International: Top News And Analysis https://ift.tt/3wCuqMa

Crypto billionaire says regulatory scrutiny may be 'a good thing for the industry'

Wu Jihan told CNBC that regulatory scrutiny weeds out bad actors, while improving the crypto industry's reputation. from International: Top News And Analysis https://ift.tt/3i88WBB

Singapore’s state investor Temasek reports record portfolio value of $283 billion

Temasek's one-year shareholder return jumped to 24.53%, the company said in its latest annual report. from International: Top News And Analysis https://ift.tt/3r5VMsG

Singapore is launching a $50 million program to advance research on AI and cybersecurity

The city-state will set up new communications testbeds in 5G and beyond-5G, support technology development and training, and build up a talent pool. from International: Top News And Analysis https://ift.tt/3yPKo71

Dubai sets a world record: A 200-foot deep pool with a ‘sunken city’

A new indoor diving pool, Deep Dive Dubai, lets divers explore a vertical submerged city that is the size of six Olympic-sized swimming pools. from International: Top News And Analysis https://ift.tt/3r2LFFe

The Chinese tech giants that Beijing is cracking down on are backers of big U.S. IPOs

China's anti-monopoly and data security crackdown has crept into restrictions on U.S. IPOs, in which some of the country's biggest tech companies are investors. from International: Top News And Analysis https://ift.tt/3i0tYlz

Fed Chair Powell charged with convincing Congress this week that easy policy is still needed

Federal Reserve Chairman Jerome Powell speaks to Congress this week in an update on monetary policy. from International: Top News And Analysis https://ift.tt/2T5NG6V

FAA says Boeing will fix new production defect on 787 Dreamliners before deliveries resume

Boeing will address another production issue on its 787 Dreamliners before resuming deliveries, the FAA said. from International: Top News And Analysis https://ift.tt/3xFCblU

Asia-Pacific stocks set for mixed start as investors await China's trade data for June

Overnight stateside, the major indexes on Wall Street rose to record closing highs. from International: Top News And Analysis https://ift.tt/3wAnH5s

Stock futures mostly flat ahead of bank earnings

U.S. stock futures were mostly flat Monday night after the Dow Jones Industrial Average rose to almost 35,000 ahead of the second-quarter earnings season for banks, which kick off Tuesday. from International: Top News And Analysis https://ift.tt/3k9i0ZB

FDA to announce new warning on J&J Covid vaccine related to a rare autoimmune disorder, report says

The FDA is expected to announce a new warning for the J&J vaccine, saying the shot has been linked to a serious but rare autoimmune disorder. from International: Top News And Analysis https://ift.tt/3k6Ja3f

Elon Musk testifies to defend Tesla's $2.6 billion acquisition of SolarCity in shareholder lawsuit

Tesla CEO Elon Musk testified in court Monday in a shareholder lawsuit over the company's $2.6 billion acquisition of SolarCity. from International: Top News And Analysis https://ift.tt/3wBsi7p

Biden says U.S. stands with Cuban protesters as communist regime cracks down on demonstrations

Sunday's protests in Cuba are the largest the communist island has seen since the 1990s. from International: Top News And Analysis https://ift.tt/3wAxXL1

Cryptocurrency trading volume plunges as interest wanes following bitcoin price drop

Virtual currencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. from International: Top News And Analysis https://ift.tt/36xc7xi

Most fully vaccinated people who get Covid delta infections are asymptomatic, WHO says

Covid hospitalizations are rising in some parts of the world, mostly where vaccination rates are low and the highly contagious delta variant is spreading. from International: Top News And Analysis https://ift.tt/2VqWUvi

U.S. officials meet with Haiti's leaders and police — key suspect arrested in president's assassination

Officials from several U.S. agencies have arrived in Haiti to join the investigation into the assassination of Haitian President Jovenel Moise. from International: Top News And Analysis https://ift.tt/3rcBMF6

Virgin Galactic falls after it gets set to sell $500 million in stock following Branson's successful flight

Shares of Virgin Galactic slipped on Monday after the company filed to sell up to $500 million in common stock. from International: Top News And Analysis https://ift.tt/3B4dth8

UK wealth gap widens as richest households gain over $70,000 during Covid pandemic, report says

The pandemic has further widened the U.K.'s wealth gap, with the richest 10% of households seeing an average gain of £51,238 ($70,977) during the crisis. from International: Top News And Analysis https://ift.tt/3AU3lHC

Facebook and Twitter under fire after England soccer players face racial abuse online

Facebook and Twitter say they acted quickly to remove posts and accounts hurling racist abuse at Black England players. from International: Top News And Analysis https://ift.tt/3e5Ha7l

ByteDance reportedly scrapped a planned IPO after meeting with Chinese officials

ByteDance was considering an IPO of all or some of its businesses in the U.S. or Hong Kong, the Wall Street Journal reported on Monday. from International: Top News And Analysis https://ift.tt/3xBBxFY

Rare case shows it's possible to have two Covid variants at the same time, experts say

It is possible to be infected with two different strains of the coronavirus at the same time, experts say. from International: Top News And Analysis https://ift.tt/3wuF9bf

India's e-commerce giant Flipkart raises $3.6 billion in fresh funds

Flipkart's investors include sovereign funds, private equity firms as well as its parent company, Walmart. from International: Top News And Analysis https://ift.tt/3hvhi7g

England expected to confirm lockdown lifting despite fears over delta surge

U.K. Prime Minister Boris Johnson is expected to confirm on Monday that the final easing of lockdown rules in England will go ahead of July 19. from International: Top News And Analysis https://ift.tt/3ASRfhX

This could be the next big crypto trend, says Indian digital currency entrepreneur

As the founder of WazirX, India's most used cryptocurrency exchange, Nischal Shetty has his finger on the pulse of new trends. from International: Top News And Analysis https://ift.tt/3hWVnot

China is injecting $150 billion into the economy — that may fuel a short-term rally, UBS says

China's move to cut the amount of funds banks need to hold in reserve is good news for stocks in certain sectors, says investment bank UBS.  from International: Top News And Analysis https://ift.tt/2T5Qlh5

Tech's next wave of development will happen in Asia, Singapore's IMDA chief predicts

Some 40 million people across Southeast Asia came online for the first time last year, according to a report from Google, Temasek Holdings and Bain & Company. from International: Top News And Analysis https://ift.tt/3wwaQ41

The world must start preparing for the next pandemic, Singapore’s senior minister says

"We don't have the luxury of waiting for Covid to be over," said Singapore's Senior Minister Tharman Shanmugaratnam. from International: Top News And Analysis https://ift.tt/3yHkEts

The world's largest carbon market is set for a historic revamp. Europe's shipowners are concerned

The European Union is due to propose an unprecedented overhaul to its carbon market this week, seeking to put a price on shipping emissions for the first time. from International: Top News And Analysis https://ift.tt/3ARXBOq

China's start-up investors look to other markets as regulatory scrutiny on U.S. IPOs builds

In the days since Didi's giant IPO, China has announced new policies aimed at tightening control of data and the ability of companies to list overseas. from International: Top News And Analysis https://ift.tt/3e7Xi8A

Italy 1-1 England: Gareth Southgate's side fall to penalty shootout defeat at Wembley in Euro 2020 final

It was penalty shootout heartbreak again for England and Gareth Southgate. from International: Top News And Analysis https://ift.tt/3AVsbqr

Nordstrom buys stake in four apparel brands owned by U.K. fashion house Asos, in bid for younger shoppers

Nordstrom has acquired a minority stake in four brands owned by the online U.K. fashion house Asos, including Topshop and Topman. from International: Top News And Analysis https://ift.tt/3hWNRdj

Asia-Pacific stocks set for mixed start as investors watch regional Covid situation

Stricter Covid restrictions are set to kick in in parts of Japan and South Korea on Monday, according to local reports. from International: Top News And Analysis https://ift.tt/3hxNOFP

This company sells passports to Americans looking for a tax break on their bitcoin profits

This company helps people obtain a foreign passport is trying to skip out on U.S. taxes on your bitcoin. from International: Top News And Analysis https://ift.tt/3htaQNX

Stock futures open mostly flat ahead of the kickoff of earnings season

Stock futures opened mostly flat Sunday as second-quarter earnings season kicks off this week. from International: Top News And Analysis https://ift.tt/3xyp4Tp

This is hydrofoiling, Mark Zuckerberg's latest extreme sports hobby

The relatively new sport relies on a wing-like structure on a mast beneath the board. An electric one will set you back more than $10,000, or you can go manual. from International: Top News And Analysis https://ift.tt/3r2w9ZP

News organizations are taking different approaches to how often employees will come back to the office

The New York Times, Bloomberg, USA Today, and other news organizations are setting up plans to welcome back workers to the office — at least some of the time. from International: Top News And Analysis https://ift.tt/3k0RyBi

Richard Branson reaches space on Virgin Galactic flight

Sir Richard Branson, after nearly 17 years of Virgin Galactic development, achieved his dream and reached space on Sunday. from International: Top News And Analysis https://ift.tt/3wA9wNs

'Black Widow' snags $80 million from its theatrical debut, $60 million from Disney+

"Black Widow" tallied $80 million at the domestic box office during its debut, the most of any film released in the wake of the Covid epidemic. from International: Top News And Analysis https://ift.tt/3e5Vk8J

Too soon to scale back 'emergency' pandemic bond buying, ECB's Visco says

Inflation remains a concern, but the central bank chief said he believes the rising costs will be transient. from International: Top News And Analysis https://ift.tt/3r4H3y9

Biden and Merkel to discuss Afghanistan, cybersecurity and Nord Stream pipeline this week

The two leaders have met a number of times throughout their political careers. from International: Top News And Analysis https://ift.tt/2U0Dz3R

Op-ed: The crackdown on Didi and companies like it could cost China as much as $45 trillion in new capital flows by 2030

This was a clarifying week for global investors of just how much the Chinese Communist Party would be willing to pay to ensure its dominance. from International: Top News And Analysis https://ift.tt/3e4HbbW

G-20 financial leaders agree to move forward on plan for an international tax crackdown

Financial leaders from the Group of 20 largest economies said they have come to an agreement on how to move forward on a "more stable and fairer international tax architecture." from International: Top News And Analysis https://ift.tt/3k6gRBY

Jamaican sprinter Usain Bolt’s best money advice: ‘If you make $10, save $6’

Eight-time Olympic gold medalist Usain Bolt admits he wasn't always good with money, but over time has learned to save more than half of his earnings. Here's his best advice. from International: Top News And Analysis https://ift.tt/3wGn1vr

Tesla CEO Elon Musk goes to trial Monday to defend $2.6 billion SolarCity acquisition

from International: Top News And Analysis https://ift.tt/3hXEjhV

There’s no evidence a Covid booster shot is necessary, says Dr. Ashish Jha

Dr. Ashish Jha explains why he's following the scientific evidence when it comes to a Covid booster shot. from International: Top News And Analysis https://ift.tt/3wCgIcg

Reporter who broke Theranos scandal predicts outcome of Elizabeth Holmes trial

CNBC interviews John Carreyrou about his new podcast on the criminal fraud trial of former Theranos CEO Elizabeth Holmes. from International: Top News And Analysis https://ift.tt/2T0iFRP

What the impending rubber 'apocalypse' means for the U.S. economy

from International: Top News And Analysis https://ift.tt/2UyrxP2

Biden announces ambassador picks for France, India, Chile and Bangladesh

President Joe Biden revealed the names of four new nominees to serve as U.S. ambassadors to France, Monaco, India, Bangladesh and Chile. from International: Top News And Analysis https://ift.tt/3APIk0u

Earnings season begins in the week ahead with eye-popping growth set to validate market's 2021 run

Strong earnings results might signal peak growth for corporate America but they could give the volatile market a temporary relief. from International: Top News And Analysis https://ift.tt/3hOtVcq

Biden presses Putin to disrupt cybercriminals in Russia as U.S. grapples with latest ransomware attacks

President Joe Biden pressed Russian President Vladimir Putin to take action to stem recent ransomware attacks from Russian-based groups in a phone call. from International: Top News And Analysis https://ift.tt/3k0TqtK

'Black Widow' nabs $13.2 million in previews, putting it on pace for pandemic-era box office record

"Black Widow" sold $13.2 million in preview tickets on Thursday, putting it on pace to set the bar higher for the pandemic-era box office. from International: Top News And Analysis https://ift.tt/3ekvgXJ

Benchmark's Bill Gurley says SPACs are 'remarkably cheap compared to mispriced IPOs'

Bill Gurley, a partner at venture firm Benchmark, told CNBC on Friday that Nextdoor's decision to go public through a SPAC was partly due to better pricing. from International: Top News And Analysis https://ift.tt/2UySm5F

Two U.S. citizens arrested after Haitian president's assassination, State Department says

President Joe Biden condemned the assassination of Haitian President Jovenel Moise, who was shot dead by attackers in his private residence overnight. from International: Top News And Analysis https://ift.tt/2VsdYkI

As China leaps ahead on digital currency, a top central bank group is calling for global cooperation

The People's Bank of China has been leading the way on central bank digital currencies, or CBDCs, with real-world trials already live in several cities. from International: Top News And Analysis https://ift.tt/2T582NO

A deal on global tax reform will be finalized ‘very soon,’ German finance minister says

Taxation is under the spotlight this weekend as finance ministers of the 20 most advanced economies in the world are gathered in Venice, Italy. from International: Top News And Analysis https://ift.tt/2UzcNj4

Transport giants plan to invest $593 million in European charging network for long-haul trucks

The tech is set to be installed near locations such as highways. from International: Top News And Analysis https://ift.tt/36oACfV

European stocks move higher after global sell-off on recovery concerns

European stocks opened higher on Friday morning following a global sell-off on concerns about the economic recovery. from International: Top News And Analysis https://ift.tt/3wo8yDX

Tyson Fury vs Deontay Wilder set to be postponed until October due to a Covid-19 outbreak

US reports say that Tyson Fury and "at least 10" members of his team have tested positive for Covid-19. from International: Top News And Analysis https://ift.tt/3raythL

Russia upsets France with new Champagne law: Here’s what you need to know

The French Champagne industry asked its members to halt shipments to Russia, after a new law that forces them to write "sparkling wine" on their bottles. from International: Top News And Analysis https://ift.tt/3wt4baM

China’s regulatory clampdown is not a setback for the country, says economist

Chi Lo, an economist at BNP Paribas Asset Management, said China's moves will improve the country's economic structure, capital markets and governance. from International: Top News And Analysis https://ift.tt/3AN9oxo

Rebalance your portfolio now as the economy enters an expansion phase, HSBC says

HSBC Asset Management has told investors to prepare for the "mission economy" and an important shift in the macro regime.  from International: Top News And Analysis https://ift.tt/3hPXkmH

Here's what you need to know about the lambda Covid variant

The lambda variant is becoming dominant in parts of South America, here's what we know about it so far. from International: Top News And Analysis https://ift.tt/3dZbh0s

China's Ministry of Commerce plans to scrutinize foreign investment more closely

The ministry's five-year priorities — released publicly this week — note the "Measures for Security Review of Foreign Investment" that took effect in January. from International: Top News And Analysis https://ift.tt/3AIuGMS

War, Covid and climate change fuel the world's hunger crisis, killing 11 people every minute: Oxfam

A new Oxfam report found the number of people dying from famine-like conditions has grown six-fold in the past year alone. from International: Top News And Analysis https://ift.tt/3hUu7ah

Jim Cramer blames market sell-off on government failures to contain delta spread

"I put this sell-off squarely in the laps of politicians around the world, because we right now have a failure of global leadership," the "Mad Money" host said. from International: Top News And Analysis https://ift.tt/3AJ6ABD

Asia-Pacific shares set to fall at the open; investors look ahead to China's inflation data

Investors look ahead to the release of China's inflation data. from International: Top News And Analysis https://ift.tt/2TUolx7

Microsoft will give employees a $1,500 bonus for their efforts during the pandemic

Tech companies have taken several steps to comfort employees during the pandemic, and those gestures could help reduce impact from a feared Great Resignation. from International: Top News And Analysis https://ift.tt/3dUd5Yj

Saudi Arabia funds new digital news platform in U.S., launches White House lobbying effort

Saudi Arabia is funding a yet-to-be-announced digital news platform that will have a studio in Washington, D.C. from International: Top News And Analysis https://ift.tt/2UzdEAg

Stock futures are flat after market sell-off

Stock futures were flat in overnight trading Thursday after the major indexes fell amid concerns of a slowdown in economic growth. from International: Top News And Analysis https://ift.tt/3hPxhfd

Pfizer says it is developing a Covid booster shot to target the highly transmissible delta variant

Clinical studies could begin as early as August, subject to regulatory approvals, Pfizer says. from International: Top News And Analysis https://ift.tt/36oMZsw

Swedish crypto scammer sentenced to 15 years in prison

The Department of Justice says 47-year-old Roger Nils-Jonas Karlsson has been sentenced for securities fraud, wire fraud and money laundering charges. from International: Top News And Analysis https://ift.tt/3hr9zHp

IIF sees huge potential for voluntary carbon credits, predicts $100 billion a year market by 2050

The chief executive of the Institute of International Finance believes there is "huge upside potential" for voluntary carbon credits. from International: Top News And Analysis https://ift.tt/2Vm5Cer

The OPEC+ spat is likely to be resolved 'sooner rather than later,' energy analyst says

OPEC is the strongest it has been in years, and they would not want to "upset the applecart," said Stephen Schork of The Schork Group. from International: Top News And Analysis https://ift.tt/3AIqnBh

Britain's crackdown on Binance boosts the cryptocurrency exchange's rivals

The U.K.'s Financial Conduct Authority recently moved to block Binance, the world's top crypto exchange, from operating in the country. from International: Top News And Analysis https://ift.tt/3qSzZ7Y

European Central Bank sets its inflation target at 2% in new policy review

The ECB has now a new inflation goal and is taking climate change into account in its massive bond buying programs. from International: Top News And Analysis https://ift.tt/2SWR6cf

10-year Treasury yield falls to 1.25% on concerns about economic growth, Covid variant

The 10-year U.S. Treasury yield fell as low as 1.25% on Thursday, its lowest point since February, continuing a sharp reversal in the bond market. from International: Top News And Analysis https://ift.tt/3AEbdN7

China signals easier monetary policy, reviving worries about weaker growth

China's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve. from International: Top News And Analysis https://ift.tt/2VmmZM7

New Covid outbreaks a top risk to economic recovery, OECD chief says

New outbreaks of Covid-19 remain one of the top risks to a global economic recovery, the OECD's secretary-general has warned. from International: Top News And Analysis https://ift.tt/3yzw1DU

These UK stocks are expected to pay bumper dividends – but beware of broken promises, research says

Total FTSE 100 dividend payments are expected to rise by a quarter this year to £76.9 billion ($106.3 million). from International: Top News And Analysis https://ift.tt/3hnw2os

Xiaomi raises $1.2 billion in debt as Beijing targets the tech sector

Xiaomi, the world's third-largest smartphone maker, has continued to expand globally and is looking at breaking into new areas like electric vehicles. from International: Top News And Analysis https://ift.tt/3yvNbCj

Former South African President Jacob Zuma hands himself in to police

Former South African President Jacob Zuma has turned himself into police as he prepares to begin a 15-month sentence for contempt of court. from International: Top News And Analysis https://ift.tt/3qRTfSQ

Crackdown on Chinese tech giants is 'backfiring' on Beijing, says academic

Fears over regulatory scrutiny on Chinese tech companies have ramped up again after China cracked down on ride-hailing app Didi. from International: Top News And Analysis https://ift.tt/2UwKkKs

China's central bank is 'quite worried' about global risks from some digital currencies

Meanwhile, the People's Bank of China's digital yuan now has more than 10 million users, Fan Yifei, a deputy governor at the central bank, said Thursday. from International: Top News And Analysis https://ift.tt/3qRRS6K

Headache? Runny nose? These are among the new top 5 Covid symptoms, study says

Symptoms associated with Covid-19 are changing with the advent of new variants. from International: Top News And Analysis https://ift.tt/3xtHaWK

Why laughter can make you more productive at work

While making time to laugh might not have seemed like a priority this past year, experts point out that it can play an important role in boosting productivity.  from International: Top News And Analysis https://ift.tt/2TPQN38

Covid-19 has destroyed 22 million jobs in advanced countries, says OECD

As many as 22 million jobs have been lost in advanced economies due to the Covid-19 pandemic, the Organization for Economic Cooperation and Development (OECD) said Wednesday. from International: Top News And Analysis https://ift.tt/3dWgcPL

Global Covid death toll exceeds 4 million, Hopkins data show

The World Health Organization declared the coronavirus outbreak a global pandemic more than a year ago. from International: Top News And Analysis https://ift.tt/3woveUN

England 2-1 Denmark: Harry Kane strikes extra-time winner as Three Lions set up Euro 2020 final with Italy

Gareth Southgate's team eclipsed the manager's icons of 25 years ago with a hard-fought 2-1 win over brave Denmark. from International: Top News And Analysis https://ift.tt/2TFWDV0

Six vaccinated countries have high Covid infection rates. Five of them rely on Chinese vaccines

Vaccines made in China face rising doubts about their efficacy, compounded by a lack of data on their protection against the more transmissible delta variant. from International: Top News And Analysis https://ift.tt/3xttMSj

HSBC to China investors: ‘See through’ the tech crackdown and focus on fundamentals

As Beijing cracks down on China's tech companies, there could be buying opportunities, says HSBC Global Asset Management's Alexander Davey. from International: Top News And Analysis https://ift.tt/36lBNgg

CDC data shows highly transmissible delta variant is now the dominant Covid strain in the U.S.

The highly transmissible delta variant is now the dominant coronavirus strain in the U.S., surpassing the alpha variant, according to the CDC. from International: Top News And Analysis https://ift.tt/3jO5Zsl

Stock futures tick higher after S&P 500, Nasdaq notch fresh records

Futures inched higher at the start of the overnight trading Wednesday after both the S&P 500 and Nasdaq Composite closed at records. from International: Top News And Analysis https://ift.tt/3ACyHCu

Scaramucci says China’s Didi crackdown an assault on capitalism, ‘form of political terrorism’

"We've got to give a big pushback to what's going on because it's an assault on capitalism," Hedge fund founder Anthony Scaramucci told CNBC. from International: Top News And Analysis https://ift.tt/2UxmsX5

China is cracking down on stocks that trade on U.S. exchanges. Here's what it means if you hold them

China has vowed to crack down on domestic companies that list on U.S. exchanges, a move that could upend a $2 trillion market. from International: Top News And Analysis https://ift.tt/3dOeO1h

Wise debut turns the fintech's founders into billionaires — here's who else won big

Wise founders Kristo Käärmann and Taavet Hinrikus are now billionaires following the fintech firm's stock market debut. from International: Top News And Analysis https://ift.tt/3qPXPB2

Binance CEO says 'compliance is a journey' as world's largest crypto exchange faces growing crackdown

"Compliance is a journey – especially in new sectors like crypto," Changpeng Zhao, CEO of Binance, said in a blog post Wednesday. from International: Top News And Analysis https://ift.tt/3wo5tnA

Analyst explains why he advised investors not to buy into Didi’s IPO

A research analyst has revealed why he warned his clients to avoid buying into ride-hailing app Didi ahead of the company's New York listing. from International: Top News And Analysis https://ift.tt/3dQG9Ac

Wise debuts in rare London direct listing, valuing fintech giant at $11 billion

British fintech giant Wise began trading at £8 a share in its highly anticipated debut Wednesday, valuing the company at £8 billion, or $11 billion. from International: Top News And Analysis https://ift.tt/3AxWraO

EU hikes its growth forecasts for the euro area but warns on the delta variant spread

The economic outlook has improved for the euro zone, according to the European Commission's latest forecasts on Wednesday. from International: Top News And Analysis https://ift.tt/3hJUXl3

Didi removed from China's WeChat and Alipay apps for new users in another big blow

The main Didi service has been removed as a shortcut from Tencent's WeChat and searching for the app no longer yields any results. from International: Top News And Analysis https://ift.tt/3ypxDzQ

Health experts are anxious to prevent a 'catastrophic' winter flu season

Experts are warning the public that there could be a very significant flu season this coming winter. from International: Top News And Analysis https://ift.tt/3hLX8Vt

How this 36-year-old coder built India’s largest crypto trading exchange

Nischal Shetty has made a name for himself in India as the co-founder and CEO of the country's largest cryptocurrency platform. from International: Top News And Analysis https://ift.tt/3hlHJfp

France has one of the lowest retirement ages in the world. And that’s a big headache for Macron

With less than a year to go before French voters head to the polls, Macron is considering reviving a pension reform, though this sparked long strikes in the past. from International: Top News And Analysis https://ift.tt/3Aw4PYx

The Chinese firm behind the acquisition of the UK’s largest chip plant is state backed, analysis shows

Wingtech Technology is heavily backed by the Chinese Communist Party, according to analysis from Chinese investment screening specialists Datenna. from International: Top News And Analysis https://ift.tt/3dLAmMf

Why tether, the world’s third-biggest cryptocurrency, has got economists worried

Some investors believe a loss of confidence in tether could be crypto's "black swan," an unpredictable event that would severely impact the market. from International: Top News And Analysis https://ift.tt/3yrW9Ao

JPMorgan says India's post-Covid growth likely to be fueled by public investments and exports, not consumption

India was knocked off its growth trajectory last year due to a months-long national lockdown aimed at slowing the spread of the coronavirus outbreak. from International: Top News And Analysis https://ift.tt/3yveb4R

China's war on bitcoin just hit a new level with its latest crypto crackdown

China shut down a company suspected of providing software services for crypto transactions, and issued a stern warning about providing other sorts of services. from International: Top News And Analysis https://ift.tt/2UwjBO7

U.S. and China can co-exist peacefully, says White House's Kurt Campbell

The U.S.-China relationship should not be viewed as a "new cold war," White House coordinator for the Indo-Pacific Kurt Campbell said at an Asia Society event. from International: Top News And Analysis https://ift.tt/3jTlwae

Shares of Chinese Tesla rival Xpeng rise on Hong Kong debut

Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each, raising 14.02 billion Hong Kong dollars ($1.8 billion). from International: Top News And Analysis https://ift.tt/3hN6Wi6

Asia-Pacific stocks set for lower start after S&P 500 snaps 7-day winning streak

The S&P 500 slipped 0.2% overnight stateside to end its seven-day winning streak, the longest since August. from International: Top News And Analysis https://ift.tt/3hJsCeD

Fintech giant Wise is set go public in a rare Spotify-style listing — and it will be a big test for London

British money transfer company Wise is set to go public on the London Stock Exchange through a direct listing. from International: Top News And Analysis https://ift.tt/3e8m2xF

Nintendo unveils new video game console that launches this fall as chip shortages continue to plague supply

Nintendo announced a new Switch game console with a brighter and more colorful OLED screen, more storage and a new kickstand design. from International: Top News And Analysis https://ift.tt/3xh9dbE

U.S. stock futures are slightly lower after S&P 500 snaps 7-day winning streak

U.S. stock futures inched downward Tuesday evening. from International: Top News And Analysis https://ift.tt/2SQ8fnJ

Iraq airport near a base that houses U.S. troops is attacked by drone

"At this time initial reports indicate no injuries, casualties or damage," wrote U.S. Army Col. Wayne Marotto, spokesman for Operation Inherent Resolve. from International: Top News And Analysis https://ift.tt/3yvm6PK

OPEC discord could unleash a new level of volatility in oil market

Disagreement within OPEC could trigger a more a volatile period for oil prices, with changes in supply creating swings higher or sudden declines. from International: Top News And Analysis https://ift.tt/3hzlAck

Lotus unveils Emira sports car as 'last hurrah' before switch to EVs

The hypercar-inspired Emira will go on sale next spring starting at under $85,141 (72,000 euros). from International: Top News And Analysis https://ift.tt/2Uwd460

Space company Satellogic, backed by Tencent and SoftBank, to go public via Cantor Fitzgerald SPAC

Satellite imagery specialist Satellogic is preparing to go public, announcing plans to merge with a SPAC sponsored by Cantor Fitzgerald. from International: Top News And Analysis https://ift.tt/36etXFf

Shorter working week trial in Iceland hailed as an ‘overwhelming success’

A long-running trial of a shorter working week in Iceland has been hailed an "overwhelming success." from International: Top News And Analysis https://ift.tt/3qN6Vid

Former South Africa President Jacob Zuma fails to surrender to police, launches court appeals

Former South African President Jacob Zuma refused to surrender himself to police by Sunday after the country's highest court sentenced him to 15 months' imprisonment for contempt. from International: Top News And Analysis https://ift.tt/3AwhoD4

Formula 1: Australian Grand Prix cancelled for second successive year due to coronavirus

Formula 1's Australian Grand Prix has been cancelled for the second year in a row due to "restrictions and logistical challenges" related to the coronavirus pandemic. from International: Top News And Analysis https://ift.tt/2V72tPj

Is this the end of OPEC? How Saudi Arabia and UAE infighting threatens the future of the oil alliance

OPEC has been plunged into crisis, with bitter infighting between Saudi Arabia and the UAE raising questions about the future of the energy alliance. from International: Top News And Analysis https://ift.tt/3hzbE2G

Didi shares crash as traders react to China's crackdown

Shares in Didi Chuxing crashed as much as 25% in pre-market trading on Tuesday, less than a week after the Chinese app listed on the New York Stock Exchange. from International: Top News And Analysis https://ift.tt/3yt2Hi6

Mask-wearing becomes a new battleground in England as Covid rules are eased

Since the start of the pandemic, millions of people have been forced to wear face masks. Now, as rules are eased, they are a highly contentious issue. from International: Top News And Analysis https://ift.tt/3hHOtDc

If you're going to invest in a Chinese stock, here's what you need to know

While many investors in the U.S. may never use Didi or know much about China's regulatory environment, the company shared some warning signs in its prospectus. from International: Top News And Analysis https://ift.tt/3jOby9Z

Bank of Israel governor sees risks in delta variant, but expects economic normalcy by end of 2022

The outbreak of the delta variant in Israel is a risk to the economy, but Amir Yaron of the Bank of Israel still expects recovery to continue for now. from International: Top News And Analysis https://ift.tt/3xl6pua

Pineapple leaf leather and carbon-capture clothing: Fashion is looking for sustainable alternatives

Fashion has a damaging effect on the environment, but there are number of innovations increasingly being used by big industry names. from International: Top News And Analysis https://ift.tt/36uobiZ

Oil prices could 'very easily' top $100 a barrel, says former U.S. energy secretary

OPEC and its allies twice failed to reach a deal on oil output last week, and on Monday, discussions were put off indefinitely. from International: Top News And Analysis https://ift.tt/36fOF7A

Stock futures are flat after S&P 500 and Nasdaq notch another round of records

The S&P 500 is coming off a seven-day winning streak, its longest since August. from International: Top News And Analysis https://ift.tt/3qMKmtT

Breakdown of oil output talks threatens OPEC+ unity, may trigger weaker oil prices, says strategist

OPEC+ failed to reach a key deal on their oil output policy last week. The talks were set to resume on Monday but now have been indefinitely called off. from International: Top News And Analysis https://ift.tt/3AGbqzJ

Warren Buffett-backed BYD sold fewer all-electric cars than before the pandemic

Chinese automaker BYD sold fewer all-electric passenger cars in the first six months of this year than the same period in 2019. from International: Top News And Analysis https://ift.tt/2UupBXC

Singapore targets 75% vaccination so border restrictions can be gradually eased

Data from scientific publication Our World In Data showed as of July 3, nearly 37% of Singapore's 5.6 million population had been fully vaccinated. from International: Top News And Analysis https://ift.tt/3dNAz1h

Company card start-up Pleo valued at $1.7 billion, becoming Europe's latest fintech unicorn

Danish start-up Pleo raised $150 million in a financing round co-led by Bain Capital Ventures and Thrive Capital. from International: Top News And Analysis https://ift.tt/2TDo2Xu

Covid resurgence in parts of Asia drag down consumer spending

Private consumption in most parts of Asia remains below pre-pandemic levels, says Lloyd Chan of Oxford Economics. from International: Top News And Analysis https://ift.tt/3jPDudI

These are the most-searched ‘bucket list’ travel experiences in the world

Travelers regularly search for activities in New York, Paris and Rome — but the world's most popular online travel search is in none of those places. from International: Top News And Analysis https://ift.tt/2TwTJSs