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Search Result for “china”

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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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WORLD

Italy tests lockdown; global cases near 110,000: Virus update

Published on 09/03/2020

» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.

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WORLD

Growth forecast cut, Iran cases surge by 50%: Virus update

Published on 02/03/2020

» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.