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Market News
October 7, 2021
U.K. Calls Off Probe Into British Airways, Ryanair Covid Refunds
The U.K. ended a probe into British Airways and Ryanair Holdings Plc over their refusal to reimburse customers who were barred from flying because of...
October 7, 2021
Shell Flags Financial Impact of Gas Market Swings, Hurricane
Royal Dutch Shell Plc said the events of a turbulent third quarter, from hurricanes to big swings in gas and power prices, will have a significant...
October 7, 2021
U.K. House Prices Post Largest Monthly Increase Since 2007
U.K. house prices increased in September at the fastest pace in more than 14 years and healthy demand is set to persist despite the headwinds facing...
October 7, 2021
Hong Kong’s Honour Lane Shipping Mulls $500 Million Sale
Honour Lane Shipping Ltd., a Hong Kong-based freight forwarder, is weighing a sale of the business that could fetch about $500 million, people with...
October 7, 2021
Powell’s Path to New Term Gets Trickier on Trading Furor, Warren
President Joe Biden’s selection of a new Federal Reserve chair grew more complicated in the last week as Congress quarrels over spending, taxes and...
October 7, 2021
Senate Poised to Pull Nation Back From Default Brink, for Now
The Senate is nearing a deal on a short-term increase in the debt ceiling that would pull the U.S. from the brink of default but threatens to...
October 7, 2021
Moderna Plans to Spend $500 Million on Vaccine Plant in Africa
Moderna Inc. said it would spend as much as $500 million to build a factory in Africa that could produce half a billion messenger RNA vaccine doses a...
October 7, 2021
TSMC Leads Pushback in Taiwan Against Biden’s Chip Data Bid
A Biden administration effort to untangle global chip supply snarls is facing resistance from lawmakers and executives in Taiwan, complicating...
October 7, 2021
Hong Kong Developers Surge on Lam’s Northern Metropolis Plans
Carrie Lam’s plans for a new metropolis in northern Hong Kong came as a big relief to investors in the city’s property giants.
October 7, 2021