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Market News
October 19, 2021
Britons Swap Cheaper Wines for Higher Quality Australian Product
When it comes to drinking Australian wine, Britons are starting to opt for higher priced options. That’s important, as sales to China plunge in the...
October 19, 2021
Rogers Chair Says Firm’s Performance Has ‘Room for Improvement’
Rogers Communications Inc. Chairman Edward Rogers says there is “room for improvement” in the company’s performance and that he has the...
October 19, 2021
Yuan Payment Due; China Markets Dollar Bonds: Evergrande Update
China Evergrande Group’s onshore real estate unit is has yuan bond interest due Tuesday, in another test for the beleaguered property developer...
October 19, 2021
EmergeVest Weighing Options for Logistics Firm EV Cargo
EmergeVest, a Hong Kong-based private equity firm, is considering strategic options for its logistics business EV Cargo amid a surge in investor...
October 19, 2021
Supply-Crunch Inflation Gives Central Banks an Unfixable Problem
The global economy’s supply crunch is propelling inflation at such a fast pace that central bankers may be forced to respond, even though fixing...
October 18, 2021
Australian Home Prices Are Set to Peak Next Year, Goldman Says
Australia’s housing market will likely peak late next year and then enter a period of stagnation in response to increased supply and tighter...
October 18, 2021
Vaccine Mix-and-Match Approach Poised to Get FDA Clearance
The U.S. Food and Drug Administration is poised to clear the use of a Covid-19 booster from a different manufacturer than the one that supplied a...
October 18, 2021
Hong Kong Leader Carrie Lam Hospitalized After Fracturing Elbow
Hong Kong Chief Executive Carrie Lam was hospitalized after suffering a minor right elbow fracture following a fall at Government House.
October 18, 2021
Fashion Site Rent The Runway Plans to Raise $315 Million in IPO
Rent the Runway Inc. is seeking as much as $315 million in its U.S. initial public offering.
October 18, 2021