[ad_1] BEIJING (Reuters) – China will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington vowed to bar Chinese airlines from flying to the United States due to
Germany finally splurges, but not without fresh criticism
[ad_1] BERLIN (Reuters) – Under pressure from its European peers for years to spend more, Germany has finally served up a bumper stimulus package financed with new debt, but Berlin’s rediscovered love to splurge is
China eases flight curbs after United States targets its carriers
[ad_1] BEIJING (Reuters) – China will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington vowed to bar Chinese airlines from flying to the United States due to
Australia and India sign joint deal on critical minerals
[ad_1] MELBOURNE (Reuters) – Australia has signed a preliminary deal to supply India with critical minerals needed for the new-energy economy, Australia’s resources minister said on Thursday. The agreement focuses on ways to increase bilateral
Aston Martin to shed up to 500 jobs in cost cutting drive
[ad_1] LONDON (Reuters) – British luxury carmaker Aston Martin plans to shed up to 500 jobs as it seeks to bring its cost base into line with reduced sports car production levels, it said on
Pandemic exposes cracks in oil majors’ bet on plastic
[ad_1] SINGAPORE (Reuters) – The energy industry’s bet that a petrochemicals boom would support decades of oil and gas sales growth is on shaky ground as an already saturated plastic market is hit by a
Asian stocks reach two-month high on economic recovery hopes
[ad_1] TOKYO/NEW YORK (Reuters) – Asian shares rose to a two-month high on Thursday as expectations of further government stimulus supported investor confidence in an economic recovery from the global coronavirus pandemic. FILE PHOTO: An
U.S. new weekly jobless claims seen falling below 2 million
[ad_1] WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment
Global Markets: Asian shares hit two-month high as economic optimism spreads
[ad_1] TOKYO/NEW YORK (Reuters) – Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in an economic recovery from the global coronavirus pandemic. Pedestrians wearing face masks walk
Amid pandemic, investors bet on India’s Jio and its giant-killer playbook
[ad_1] MUMBAI (Reuters) – From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy