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Market News

October 21, 2021
Pfizer Jab Effective Against Delta Variant in Teens, Study Finds
Adolescents who receive two doses of the Pfizer-BioNTech vaccine have a much lower risk of contracting symptomatic Covid-19, with the risk of...
October 21, 2021
Tokyo to Lift Virus Curbs on Most Bars, Restaurants as Cases Ebb
Tokyo is set to roll back restrictions that limited the operating hours and alcohol service of bars and eateries from Monday, as coronavirus cases...
October 21, 2021
Punishing Poland on Rule-of-Law Could Backfire, Lithuania Warns
Lithuania warned that any European Union financial penalties over Poland’s failure to adhere to rule-of-law standards would risk stoking public...
October 21, 2021
U.K. Spent £69 Billion Supporting Furloughed Employees
The U.K. spent 69 billion pounds ($95 billion) paying the wages of furloughed workers by the time the program came to an end last month, according to...
October 21, 2021
Biden Tackles Supply-Chain Crisis With Few Tools, Clock Ticking
U.S. ports are full of goods, U.S. yards and warehouses are full of goods, hardly anyone wants to drive a truck to pick up and deliver those goods...
October 21, 2021
China’s ‘Lipstick Brother’ Livestream Has Record $2 Billion Day
China’s Li Jiaqi, a top livestream salesman widely known as the “lipstick brother,” sold $1.9 billion in goods on the first day of Alibaba...
October 21, 2021
Huarong Wins Approval to Sell Bonds, Assets to Replenish Capital
China Huarong Asset Management Co.’s shareholders approved a plan to sell assets and raise capital at its long-delayed annual general meeting, two...
October 21, 2021
Barclays CEO Staley Expects Banker Bonus Pool Will Rise in 2021
The boss of Barclays Plc expects bonuses at its corporate and investment bank to be higher this year, with the unit’s dealmakers the latest to...
October 21, 2021
European Bank CEOs Are as Divided on Inflation as Everybody Else
The leaders of Europe’s top banks agree they have a lot riding on the recent surge in consumer prices. But when it comes to deciding whether...
October 21, 2021
Pound Stuck in Limbo as Debate Rages on Timing of U.K. Rate Hike
Uncertainty plagued the pound’s outlook during the tortuous years of Brexit negotiations. Now the Bank of England has brought it back.