Page 5 - Shanghai

China reports 20 fresh local cases of Covid, 8 infections in Shanghai

The Chinese mainland reported 20 locally transmitted confirmed Covid-19 cases, including eight each in Beijing and Shanghai in the past 24 hours

Meituan beats slowdown with $6.9-billion sales, revenue rises 25%

Sales rose to 46.3 billion yuan ($6.9 billion) in the three months ended March

China: In Shanghai, lockdown blues make way for Covid testing gripes

Long queues amid early summer heat at testing sites became a common sight on Wednesday and Thursday, with some people saying they queued for two hours

Oil prices strengthen on EU's Russian oil ban, end of Shanghai lockdown

Brent crude was up $1.83, or 1.6%, at $117.46 a barrel as of 11:56 a.m. EDT (1556 GMT). U.S. West Texas Intermediate crude gained $1.77, or 1.6%, to $116.45.

Shanghai returns to normalcy as Covid lockdown eases after two months

Shanghai's Communist Party committee, the city's most powerful political body, issued a letter online proclaiming the lockdown's success and thanking citizens for their support and contributions

Oil prices firm up as EU agrees to Russian energy ban, China ends lockdown

Brent crude was up $1.71, or 1.5%, at $117.31 a barrel by 0817 GMT. U.S. West Texas Intermediate (WTI) crude rose $1.67, or 1.5%, to $116.34.

Shanghai starts coming back to life as Covid lockdown eases after 2 months

Shanghai residents visited the waterfront Bund and ate and drank along streets patrolled by police early on Wednesday as people in China's largest city savoured the easing of its severe Covid lockdown

Oil prices open higher on EU Russian oil ban, end of Shanghai lockdown

Oil prices rose in early Asian trade today after EU leaders agreed to a partial and phased ban on Russian oil and China ended its Covid-19 lockdown in Shanghai

Shanghai to fully restore normal production, living order from Wednesday

Shopping malls, supermarkets, convenience stores, pharmacies and other commercial outlets will resume offline business from Wednesday, with the total visitor flow capped at 75% of the maximum capacity

A strict lockdown in Shanghai is making Ludhiana's hosiery industry sweat

With supply of raw materials from Shanghai badly hit because of strict lockdowns, the production of winter wear in India's hosiery capital has come to a halt

Shanghai to end two-month long Covid-19 lockdown on June 1: Report

"I'm so emotional that I'm going to cry," said one Weibo user

European shares rise as China growth hopes boost luxury, tech stocks

The pan-European STOXX 600 index rose 0.6% to 447.79, a level not seen since early May, boosted the most by luxury firms, which derive significant demand from China

Shanghai city to lift two-month Covid lockdown restrictions on June 1

Shanghai imposed a city-wide lockdown on its 25 mn residents on April 1 to combat the spread of Covid

Shanghai to cancel several restrictions on companies to aid economy

Businesses will also from June 1 no longer need to apply to resume work, he said, without detailing what other restrictions were being removed

Shanghai edges towards Covid reopening as Beijing plans to ease curbs

Shanghai officials urged continued vigilance, even though the vast majority of its 25 million residents live in areas that are in the lowest-risk 'prevention' category

Beijing says Covid-19 outbreak under control as city to relax curbs

Most public transportation services including buses, subways and taxis will resume in three districts including Chaoyang, according to Xu Hejian, a spokesman for the Beijing city govt

'Tomorrow will be better': Shanghai inches towards Covid reopening

Shanghai officials urged continued vigilance on Saturday, even though the vast majority of its 25 million residents live in areas that are in the lowest-risk "prevention" category

China's industrial profits slump in April as Covid curbs squeeze firms

Industrial output from the commercial hub of Shanghai, located at the heart of manufacturing in the Yangtze River Delta, nosedived 61.5% in April

China logs 80 new local Covid-19 cases, 45 in Shanghai; 22 in Beijing

A total of 216 COVID-19 patients were discharged from hospitals after recovery on the Chinese mainland on Thursday, the National Health Commission said in its Friday report

Chinese tech firms forced into 'blood listings' as capital dries up

Public offerings at slashed valuations could translate into losses for venture capitalists in late funding rounds