Page 598 - Bloomberg

Latest threat in supply chain nightmares is the storm season at sea

Ships waiting to use the Port of Los Angeles hit 14 days at anchorage this week, about the same amount of time it takes to cross the Pacific, according to port data

China says it will continue Covid-19 curbs amid overseas outbreaks

Adherence to Covid Zero has seen China mounting increasingly disruptive restrictions

Europe relapses as Covid-19 hot spot in warning sign for recovery

Despite an abundance of Covid-19 shots, countries from Germany to Greece have reported record infections in recent days

Stock pros are as hedged as ever under record-smashing S&P rally

Big institutions are still paying a decent premium to hedge the S&P 500 Index compared with how tranquil the benchmark has actually been lately

As US markets set new records, hedge fund managers aren't buying the frenzy

A virtually uninterrupted march higher in the major indexes has pushed volume in the day trader flier-of-choice, bullish call contracts, to some of the highest levels in history

Australia hits 80% full Covid vaccination rate for people aged 16 and above

Sydney and Melbourne, eased their tough lockdown measures in recent weeks after hitting a 70% inoculation threshold

Oxford scientists find gene that doubles risk of dying from Covid-19

Scientists identified a specific gene that doubles the risk of respiratory failure from Covid-19

Airbnb results beat estimates as company weathers Delta crisis

The companies revenue grew 67 per cent to $2.2 billion in the third quarter, Airbnb said

Beijing's bond market meltdown brings world of hidden bills to light

The repeated sh­o­c­ks have only worsened inve­stor sentiment

Pfizer develops Covid pill that cuts hospitalisations and deaths by 89%

A pill that could be taken at home at the first sign of symptoms is a crucial tool for taming the Covid-19 crisis globally, so long as it's widely available

Where do the likes of Blackrock, CPPIB see value in India's biggest IPO

Paytm has signed up BlackRock and CPPIB together with the sovereign wealth funds of Singapore and Abu Dhabi as anchor investors for next week's Rs 18,300 crore ($2.46 billion) IPO

Chipmaker Nvidia's 2021 stock rally nears 130% as retail investors jump in

The advance added $80 billion to the company's valuation

Japan eases many Covid-era border restrictions as cases slump

The easing also means government will begin reissuing visas for long and short-term stays, which will mainly affect foreign students, technical trainee workers and those relocating to Japan for work

Peloton lowers forecast after pandemic sales' boom turns to bust

The grim outlook sent the stock tumbling as much as 30% to $60.12 in late trading. Even before the swoon, Peloton shares were down 43% this year.

Coronavirus outbreak spreads to 20th China province as cases near 800

The latest wave, driven by the highly infectious delta variant, has reached 20 mainland provinces and is now the broadest outbreak since the virus first appeared in Wuhan in 2019.

Novartis cuts uneasy 20-year ties to Roche with $20.7-bn voting stake sale

The company is booking a capital gain of about $14 billion on the investment at a time when the cost of acquisitions in pharma have been soaring

Covid: White House sets Jan 4 shots-or-tests deadline for US workers

Biden was elected in part on a pledge to quell the pandemic-views vaccination as the fastest path to reopening society

Volkswagen CEO tells German workers Tesla factory will threaten jobs

The lack of chips forced VW to slash output at the sprawling Wolfsburg factory that's about as big as Monaco to the lowest level since the end of the 1950ies

Bank of England defies markets by keeping interest rates on hold

Policy makers also updated forecasts for the economy, cutting the outlook for growth and increasing it for inflation

'Full of prejudice': China says Pentagon's nuclear report disregards facts

The Pentagon estimated in its Wednesday report that China will have at least 1,000 nuclear warheads by 2030