[ad_1] India’s benchmark indices closed near two-week lows and the rupee weakened 0.2 per cent against the US dollar on Monday as rising Covid cases in China and talk of persistent rate hikes by US Federal Reserve officials unnerved the markets. This is a sharp reversal of sentiment from a week ago […]
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[ad_1] Business Asia Campaigns to rein in Covid-19 cases and property prices have squelched consumer demand in the world’s second-largest economy [ad_2] Source link Source link
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[ad_1] The Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. [ad_2] Source link Source link
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[ad_1] A temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going beyond what the law allows. The Paycheck Protection Program and other federal aid programs long ago shut their doors. But small businesses […]
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[ad_1] The company’s effort to continue iPhone production through an outbreak depended on lessening anxiety about a virus the government portrays as a deadly threat. [ad_2] Source link Source link
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[ad_1] China’s daily Covid cases jumped to the highest in more than six months, as outbreaks flared across the nation and health officials declared the nation will stick with its strict virus controls. The country reported 5,436 cases for Sunday, up 27% from the day before to the most since May 2, […]
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[ad_1] HONG KONG—China’s factory activity contracted in October after a short-lived improvement, a fresh sign of the toll from the country’s stringent Covid policies and of fading global demand for Chinese-made goods. The official purchasing managers index for manufacturing fell to 49.2 from 50.1 in September, the National Bureau of Statistics said Monday. The result […]
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[ad_1] HONG KONG— Foxconn Technology 2354 -0.76% Group is scrambling to contain a weekslong Covid-19 outbreak at an iPhone factory in central China, trying to appease frightened and frustrated workers during a crucial period for smartphone orders. In Foxconn’s main Zhengzhou facility, the world’s biggest assembly site for Apple Inc.’s AAPL 7.56% iPhones, hundreds of […]
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