China’s Aviation Sector Aims For Profitability This Year – Regulator
BEIJING (Reuters) – China’s aviation sector will aim to turn losses into profits this year with an expected recovery to…
2022
Analysis-Shrink To Fit: The Year Big Oil Starts To Become Small Oil
By Ron Bousso and Sabrina Valle LONDON/HOUSTON (Reuters) – Europe’s Big Oil companies are planning to spend their windfall from…
New Oriental Laid Off 60,000 Staff After China’s Education Crackdown, Founder Says
BEIJING (Reuters) – China’s New Oriental dismissed 60,000 employees and saw operating income plunge by 80% after Beijing enforced new…
IMF Says Emerging Economies Must Prepare For Fed Policy Tightening
By Andrea Shalal WASHINGTON (Reuters) – Emerging economies must prepare for U.S. interest rate hikes, the International Monetary Fund said,…
Stocks, Bonds Brace For Sky-high U.S. Inflation, Hawkish Fed
By Wayne Cole SYDNEY (Reuters) – Major share markets made cautious gains on Monday as investors counted down to another…
Virgin Australia To Cut Capacity By 25% As COVID-19 Cases Rise
SYDNEY (Reuters) -Virgin Australia said on Monday it would reduce capacity across its network by around 25% for the rest…
Ousted James Hardie CEO Rejects Claims Of Concerns Related To Conduct
(Reuters) – The former chief executive of James Hardie Industries on Monday rejected the Australian building materials giant’s claims about…
Chinese Developer Shimao Puts All Property Projects On Sale – Caixin
SHANGHAI (Reuters) – Shimao Group Holdings has put on sale all of its real estate projects, including both residential and…
Oil Drops For 2nd Session On Concerns Over Rising COVID-19 Cases
By Naveen Thukral SINGAPORE (Reuters) – Oil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19…
Asia Shares Subdued Before U.S. Inflation Test
By Wayne Cole SYDNEY (Reuters) – Asian share markets were muted on Monday as investors count down to another U.S….