Page 526 - Bloomberg

China steps up measures to wipe out Covid-19 as political summit looms

China is enforcing lockdown restrictions in areas around Beijing more intensively, and will mass test the nearby port city of Tianjin

'Inflation fever' finally breaking but central banks won't stop rate hikes

As economic growth slows, prices for key raw materials - from oil to copper and wheat - have cooled in recent weeks, taking pressure off the cost of manufactured goods and food

Donald Trump may get a 'special master' review of documents seized by FBI

Federal agents are investigating missing White House records left with 20 boxes of documents, including 11 sets of classified material

Qatar gears up for FIFA WC tourism boom, to welcome over 1 mn football fans

Of the more than 90 new flights that will land each day in the host city, Doha, about 40 will leave from the UAE

Energy crisis tearing through global stock markets leaves a trail of losers

The inflation surge has also prompted an aggressive response from the world's major central banks

Pakistan set to dodge short-term default; political turmoil grows

Pakistan needs financial help to deal with "overwhelming" floods, its foreign minister said, adding that he hoped financial institutions such as the IMF would take the economic fallout into account

Global central bankers follow US Fed Chair to give hawkish message

The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke on Saturday at the Kansas City Fed's annual retreat

Powell's 8-min speech at Jackson Hole erases $78 bn from richest Americans

US central bank will keep raising interest rates and probably leave them elevated for a while to reduce inflation

Divide emerges between retail, pros on how to play Ether upgrade

Ethereum recently completed its last test before the upgrade, and developers said the main event should take place next month

China pessimism prevails as traders overlook key earnings beats

A number of market heavyweights have seen shares slump after a good earnings show, as investors chose to focus on segment misses or simply used the event as an opportunity to take profit

Searing inflation in the UK pushes the Pound to a near 37-year low

The currency is trading around $1.18, less than 4 US cents away from its weakest level since 1985 against the dollar, underscoring the challenges facing the British economy

China's bad debt funds are no white knights for its crumbling real estate

Aggressive lending to embattled developers during the sector's boom years has beset the $730 billion funds with heavy credit losses, sending their bonds tumbling

China's industrial profits decline 1.1% in first 7 months of 2022

China's economic slowdown deepened in July, with retail sales, industrial output and investment all missing economist estimates

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis

Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe

Critical test flight for NASA's return to moon scheduled for Monday

If all goes well, a massive uncrewed rocket will lift off on Monday morning, then circle the moon in an orbit that will take it deep into space before it returns to Earth 42 days later

Meta's Facebook agrees to settle Cambridge Analytica Suit over user data

Facebook had argued it disclosed its practices in user agreements. It had also said that anyone sharing their information on a social network shouldn't count on holding onto their privacy

Rising prices of natural gas, coal spur revival of nuclear power in Asia

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia's power, shot to records this year as Russia's invasion of Ukraine up

Reliance's investor meet to focus on Mukesh Ambani's succession, spinoffs

Anticipation is high as the 65-year-old billionaire, who built Reliance into India's largest company by market value and a powerhouse conglomerate, has used the speech for series of big announcements

Faster debt relief needed as more nations seek help, says IMF's Gopinath

More countries are likely to seek debt relief as a stronger dollar makes repayments tougher, says IMF chief

Trump's stash at Mar-a-Lago had highly classified documents: FBI affidavit

Those boxes initially retrieved from Trump also included information barred from release to foreign nationals, and information that can be disseminated only with the approval of its originator