The mood among German consumers darkened heading into September as accelerating inflation and rising Covid-19 cases made them more hesitant to buy, a survey showed yesterday. 

China’s push to wean property developers from excessive borrowing is spilling over into loan losses at banks and pain in credit markets as cash-strapped builders fall into distress, raising the risk of fallout rippling across the economy.

Air New Zealand managed to cut its losses by a third in the last financial year as strong domestic and cargo demand partially offset the impact of the global pandemic, the airline said Thursday.

PetroChina reported an interim profit of 53.04 billion yuan ($8.18 billion) on Thursday, thanks to rising oil and gas prices and a recovery in Chinese fuel demand from the coronavirus pandemic slump. 

Britain said it was pursuing data partnerships with countries including the United States, Australia, South Korea and other fast-growing markets to break down barriers and boost trade after Brexit.

Afghanistan’s banks, critical to the country’s recovery from crisis, are facing an uncertain future say its bankers, with doubts over everything from liquidity to employment of female staff after the Taliban swept to power.

Citigroup Inc is considering offering bitcoin futures trading for some institutional clients, a spokesperson for the bank said on Tuesday, citing increased demand in the cryptocurrency space.

The dollar eased further on Tuesday as risk-related currencies benefited from rising commodity prices and markets set aside concerns about the spread of the Delta coronavirus variant to gauge data that showed a US economy in strong recovery mode.

US President Joe Biden’s plans to spend nearly $5 trillion to change the world’s largest economy advanced in the House of Representatives on Tuesday, after Democratic leaders reached an agreement with centrist lawmakers to end a dispute threatening the bills.

US companies including Airbnb Inc and Walmart Inc are lending a hand to the people of Afghanistan after the recent collapse of the US-backed government and takeover by the Taliban militant group.

US officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said.

Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs.

The slow rollout of coronavirus vaccines will cost the global economy $2.3 trillion in lost output, a report released Wednesday found.

India may announce rules allowing companies to list overseas in the next budget in February, as some issues are yet to be resolved and are under discussion, Revenue Secretary Tarun Bajaj said on Wednesday.

South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases, the first such curbs on the tech companies by a major economy.

The World Bank has suspended aid to Afghanistan, saying it is "deeply concerned" by the situation there, especially regarding women's rights, after the Taliban seized power, a bank spokesperson told AFP.

The Canadian province of British Columbia will require patrons of non-essential businesses such as restaurants and movie theatres to be vaccinated against Covid-19 from September 13, the government said on Monday.

Walmart on Tuesday launched a delivery service for other merchants throughout the United States, an announcement that comes as sellers scramble to secure deliveries ahead of the all-important holiday shopping season.  

Oil prices soared and stocks rebounded Monday on bargain-buying after last week’s retreat, with traders riding a wave of renewed optimism.

Russian President Vladimir Putin on Tuesday ordered pensioners get $135 in a bid to drum up support ahead of parliamentary elections next month that could see the unpopular ruling United Russia party struggle.