By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled more than 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high inflation and interest rate …
"Lockdown"
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By Mehr Bedi and Ananya Mariam Rajesh (Reuters) – Tapestry Inc and Estee Lauder Cos Inc forecast full-year earnings below estimates on Thursday, underscoring the hit global luxury goods companies …
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TOKYO – Japan’s Mazda Motor Corp said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai …
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(This Aug 11 story refiles to add dropped word ‘million’ in paragraph 5) SHANGHAI – A few cities in China’s tourism hub Hainan extended lockdowns on Friday, with some of …
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BASTASCH: Europe Is Descending Into Climate Lockdowns. Will America Blindly Follow Suit? Michael Bastasch on August 11, 2022 If energy is life and the lack of energy is death, then …
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BEIJING – Several COVID-hit Chinese cities from the country’s east to west imposed fresh restrictions and lockdowns on their populations on Thursday to contain flare-ups that are again threatening to …
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BEIJING/SHANGHAI -China’s Hainan, an island province dependent on tourism, locked down more areas on Monday, state media reported, as it battles its worst COVID-19 outbreak after seeing very few cases …
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By Martin Quin Pollard and Eduardo Baptista BEIJING/SHANGHAI -When Chinese businesswoman Yang Jing was planning this year’s summer holiday in 2021, she chose the tropical southern island of Hainan because …
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By Brenda Goh SHANGHAI -The southern Chinese resort city of Sanya imposed a lockdown on Saturday and restricted transport links to try to stem a COVID-19 outbreak that comes as …
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(Reuters) – Alibaba Group Holding Ltd, on Thursday reported flat quarterly revenue growth for the first time in its history, showing how China’s COVID lockdowns have hit its business. The …
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(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly results, while the industry continues …
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MADRID – Factory activity in Spain contracted in July for the first time in a year and a half as inflationary pressures and macroeconomic uncertainty weighed on demand, a survey …
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By Roger Tung TAIPEI -Taiwan’s economy grew at its slowest pace in two years in the second quarter and performed slightly worse than expected, hit by supply chain woes and …
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TOKYO -Japan’s Panasonic Holdings Corp, which supplies batteries to Tesla, posted a 39% drop in first-quarter earnings on Thursday as China’s COVID-19 lockdowns and rising material costs disrupted production and …
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MILANO – Sales at Italian luxury group Moncler rose 46% at constant exchange rates in the first half of the year, once again beating analysts estimates, despite a slowdown in …
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PARIS -Sales at French luxury group Kering’s top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed …
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Japan June factory output likely rose first time in 3 months as China lockdown lifted – Reuters poll
TOKYO – Japan’s factory output likely rose in June for the first time in three months after China’s COVID-19 curbs eased, a Reuters poll showed on Friday. Japanese industrial production …
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China’s Economy Craters As Severe Lockdowns Continue Max Keating on July 15, 2022 China’s economy grew by just 0.4% year-over-year for the second quarter of 2022, according to data released …
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By Paul Sandle LONDON -Luxury brand Burberry was hurt by lockdowns in its biggest market China and an abrupt reversal in fortunes in the Americas, limiting its first-quarter sales rise …
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By Silke Koltrowitz ZURICH -Swatch Group stuck to its forecast for double-digit sales growth this year after pandemic lockdowns in China had less impact than feared on the world’s biggest …
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SHANGHAI – The government of Shanghai has called on citizens to share “heart-warming” photographs, videos and stories about a punishing two-month lockdown imposed in April by the authorities to curb …
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By Stephen Nellis (Reuters) – Apple Inc on Wednesday said it plans to release a new feature called “Lockdown Mode” this fall that aims to add a new layer of …
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By Leika Kihara and Tetsushi Kajimoto TOKYO -The mood among Japan’s big manufacturers’ soured for a second straight quarter in the three months to June, a central bank survey showed …
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BEIJING – China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving …
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(Removes extra words ‘in the past year’ in paragraph 7) By Francois Murphy VIENNA -Places including U.S. states that have legalized cannabis appear to have increased its regular use, while …