China’s widening COVID curbs exact mounting economic toll
By Josh Horwitz and Kevin Yao SHANGHAI – China’s top European business group warned on Wednesday that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub,…
By Josh Horwitz and Kevin Yao SHANGHAI – China’s top European business group warned on Wednesday that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub,…
TAIPEI – Taiwan’s government said on Wednesday it was tightening export curbs to Russia as part of sanctions on the country for its invasion of Ukraine, detailing rules to prevent…
LOS ANGELES – The Biden administration announced on Friday a new round of export restrictions against Russia and Belarus, adding 120 entities, mostly companies with links to the military, to…
By Karen Freifeld (Reuters) – Global restrictions on exports to Russia in response to its invasion of Ukraine have shut down a car maker, halted work on tanks and cut…
WASHINGTON – U.S. President Joe Biden said on Wednesday a decision will come soon on whether to lift Title 42, the COVID-19 health order that keeps most migrants from seeking…
By Ted Hesson and Kristina Cooke WASHINGTON – U.S. officials are preparing for the possibility of thousands of more migrants per day attempting to cross the U.S.-Mexico border without authorization,…
(Reuters) – Tesla Inc is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News reported on Sunday, as China’s financial hub said it would…
BEIJING – The United States should immediately revoke visa curbs on Chinese officials or face reciprocal countermeasures, the Chinese foreign ministry said on Tuesday. The United States is restricting visas…
By Josh Horwitz and Martin Quin Pollard SHANGHAI/BEIJING – To keep factory lines open in the face of COVID curbs Chinese firms are asking workers to eat, sleep and work…
By Leika Kihara TOKYO – Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the…
BERLIN – Activity in Germany’s services sector grew further in February as the country began loosening the COVID containment measures that had pressured its economy in late 2021, although the…
TORONTO – Canadian manufacturing activity expanded in February at the fastest pace in three months as an easing of domestic restrictions to contain the coronavirus pandemic supported a pick-up in…
WASHINGTON – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with…
By Karen Freifeld – U.S. curbs on exports to Russia for invading Ukraine look tough at first glance, but exemptions on everything from mobile phones to airplane parts coupled with…
– Canadian police on Saturday used pepper spray and stun grenades in an attempt to restore normalcy in Ottawa, parts of which have been paralyzed by protesters opposing the government’s…
TOKYO – Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software as part of efforts to ramp up steps to counter cyberattacks, according to…
WASHINGTON -U.S. Republican senators are urging the Biden administration to close a “loophole” in export controls imposed by former President Donald Trump on China’s top chipmaker, SMIC, which they call…
PRAGUE – Thousands of Czechs massed in Prague’s Wenceslas Square on Sunday, waving flags and chanting slogans against COVID-19 restrictions, even as infections surge. Protesters mainly objected to harsher restrictions…
-New Zealand Prime Minister Jacinda Ardern stayed in self-isolation on Sunday, as the country recorded 103 new COVID-19 infections and its tough border controls were highlighted by a pregnant journalist…
By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales…
BRUSSELS -The European Union launched a challenge at the World Trade Organization on Thursday accusing China of discriminatory trade practices against Lithuania that it says threaten the integrity of the…
TOKYO – Toyota Motor Corp will halt more production in Japan this month because COVID-19 infections among autoworkers had slowed supplies of parts, the company said on Monday. That disruption,…
BEIJING -Organisers of next month’s Beijing Winter Olympics slightly eased the strict COVID-19 requirements for participants, a move that means fewer athletes are likely to be tripped up by positive…