Business
JD Sports Restores Outlook As Sales Start To Recover
Britain's biggest sportswear retailer JD Sports pointed to an encouraging performance since its shops reopened following coronavirus curbs and felt confident enough to give guidance for the rest of its financial year, sending its shares higher.
Global Markets: Shares Stabilise, Try To Shrug Off U.S. Tech Rout Scare
Asian shares and U.S. stock futures regained some footing on Tuesday following a small bounce in European markets as investors looked to whether highflying U.S. tech shares could recover from their recent rout.
Sensex, Nifty Subdued As China Border Tensions, Financials Weigh
Indian shares opened flat on Tuesday, pressured by financial stocks, as renewed tensions at the country's disputed border with China eclipsed upbeat global sentiment.
Hundreds Join Unions' Car Caravan Protest In Bogota
Hundreds of people joined a car caravan in Colombia's capital, Bogota, on Monday to protest the economic and social policies of President Ivan Duque, as labor unions try to revive mass demonstrations amid continued coronavirus restrictions.
Oil Mixed After Dropping On Demand Concerns Post-U.S. Holiday
Oil prices were mixed in early trade on Tuesday on looming demand worries about a possible rise in COVID19 cases following the U.S. Labor Day long weekend, which also marks the end of the peak U.S. driving season.
U.S. Considering Ban On Cotton From Xinjiang Region Of China Over Rights Concerns - NYT
The administration of U.S. President Donald Trump is weighing a ban on some or all products made with cotton from the Xinjiang region of China over alleged human rights violations, the New York Times reported late on Monday.
BioNTech, Pfizer Begin German Part Of COVID-19 Vaccine Study
Biotech firm BioNTech said on Monday it widened an ongoing pivotal global study of its COVID19 vaccine candidate to include testing in its home country of Germany.
Worldline $9.2 Billion Ingenico Deal May Need EU Concessions: Sources
French payments company Worldline's 7.8 billion euro ($9.23 billion) bid for Ingenico may require concessions to gain European Union antitrust regulator approval, people familiar with the matter said on Monday.
World Economy Unlikely to Re-attain Pre-pandemic Output Levels Before 2022: Report
On the employment front, all countries that Dun & Bradstreet covers (with the exception of Serbia) are showing year-on-year declines, the report said.
Global Markets Mixed After Wall Street Slides
Global stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months.
World Shares Edge Higher After Tech Rout, Oil Slides
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirusinduced recession while oil prices dropped.
Samsung Electronics To Shut Down Sole China TV Factory By November
Samsung Electronics has decided to shut its only TV factory in China by the end of November, a spokesman said on Monday, the latest in a series of moves by the South Korean firm to shift production from the world's secondlargest economy.
China August Exports Rise 9.5% Y/y, Beat Forecasts; Imports Down 2.1%
China's exports in August rose at a fasterthanexpected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday.
Israeli Carrier Israir Books Commercial Flight Slots To UAE
Israeli carrier Israir said on Sunday it had reserved slots for commercial flights from Tel Aviv to the United Arab Emirates, preparing for potential tourism as the two countries move to normalise relations.
Amazon Bans Sales of Foreign Seeds in US After Mystery Packets from China
Examination of the mystery packages revealed at least 14 different kinds of seeds, including mint, mustard, rosemary, lavender, hibiscus and roses.
Vaccine Developer Moderna Could Slow Covid-19 Trials To Add At-risk Minorities
The company said it has enrolled 21,411 participants in the study so far. It had 17,000 participants as of last week, with 24% from communities of color.