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| GLOBAL MARKETS-China charges on, gold reaches nine-year high ... * China rally extends for eighth session, yuan soars. * Gold above $1,800/oz for first time since 2011. * Investors hope for positive outlook from U.S. earnings. * World FX rates in 2020 tmsnrt.rs/2egbfVh. * Asian stock markets: tmsnrt.rs/2zpUAr4. By Marc ... | |
| How Covid-19 will change air travel as we know it In 2001, air travel was dealt a massive blow by the 11 September attacks, and the effects lasted years. But this was a ripple compared to what Covid-19 will do. I. In the heart of Australian outback lies Alice Springs. The town – colloquially known as Alice – is ... | |
| China Tries to Keep Market Exuberance Under Control Chinese state media urged investors to think long-term, and authorities highlighted hundreds of operations making illegal loans against shares, showing that Beijing is eager to avoid stocks overshooting. Mainland stocks have surged to multiyear highs in ... | |
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| China's market euphoria trumps political risk in Hong Kong SHANGHAI/HONG KONG (Reuters) - Investors in China's soaring stock market are increasingly turning to Hong Kong for bargains, egging on an investment boom on the back of large tech listings and shaking off fears of political risks in the bruised financial ... | |
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| US Initial Unemployment Claims Edge Lower in Latest Week New applications for unemployment benefits edged down last week and the number receiving payments fell to the lowest level since mid-April, signs the labor market is healing and so far not significantly affected by a rising number of Covid-19 cases in ... | |
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| Meatpackers Slammed by Covid Get Serious About Automation The pandemic is speeding the shift from human meat cutters to robotic butchers, but machines can't yet match people's ability. A robotic meat-cutting system used by JBS USA Holdings. JBS USA Holdings Inc. By. Jacob Bunge. Close ... | |
| A Coffee Chain Reveals Flaws in Fed's Plan to Save Main Street WASHINGTON — La Colombe, a Philadelphia-based purveyor of fancy coffee and canned draft lattes, has seen its business fall off sharply in 2020 as the coronavirus pandemic shuttered its cafes and closed the upscale restaurants that serve its brew. But the ... | |
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