For first time, oil giant Exxon reveals full scope of emissions
Exxon's emissions from petroleum-product sales in 2019 were about the same as those for all of Canada, its data show.
Category Archives: Economy
Trump signs order banning transactions with eight Chinese apps
Ban includes transactions with Alipay, owned by Jack Ma's Ant Group, which is also under regulatory pressure in China.
Double U-turn? US exchange may yet delist China telecoms firms
New York Stock Exchange had been planning to reverse its decision to delist three Chinese telecoms firms.
Large US airlines back global COVID-testing requirements: Report
US carriers group urges Trump to rescind ban on travellers from several regions in line with health recommendations.
Singapore’s recovery from its worst recession proves to be patchy
The Southeast Asian trading hub's economy shrank by 5.8 percent in 2020, with recovery expected to be gradual.
OPEC+ meeting to decide oil production levels after a dismal 2020
Meeting comes amid uptick in prices towards the end of last year despite markets remaining uncertain.
Under pandemic pressure, drugmakers raise prices in US: Report
COVID-19 has cut doctor visits and demand for some drugs, denting pharmaceutical firms' revenues.
Here are some ways that COVID is transforming cities everywhere
With shops closing and people working from home, urban centres are emptying out while demand for parks is growing.
‘Severe test’: As North Korean economy tanks, Kim needs solutions
North Korea's economy likely shrank by 8.5 percent this year due to COVID-19 restrictions, Fitch Solutions says.
Asia investors bet on 2021 rebound, sending shares to record high
Investors expect authorities to continue to make it easy for banks, businesses and people to borrow money.
EU, Chinese leaders to announce hard-fought investment deal
The deal addresses complaints by the EU and US about China's industrial subsidies and forced technology transfers.
Asian shares jump on hopes of bigger US fiscal stimulus measures
US House of Representatives voted to increase stimulus payments to qualifying Americans to $2,000 from $600.
Trump bolsters order barring US investment in some Chinese firms
Order passed in November blocks US investors from buying securities of Chinese firms allegedly under military control.
Kill the bill? Here is what might happen to US COVID aid measure
Trump has hinted he might veto legislation passed by Congress if payments to individuals are not increased.
British pound slips below multi-year high after Brexit deal
Investors say the UK-EU trade deal leaves the UK facing many economic uncertainties.
Stocks, British pound get Brexit lift, Alibaba hit by China probe
British and EU negotiators closed in on a trade deal with days to go before UK's exit from the EU's trading arrangement.
‘Demand-side’ reforms: In China, this means cutting inequality
China's leaders have for years been upgrading industry and cutting oversupply, now they want to boost consumer spending.
UK’s ethnic wealth gap: Difference between groups widens
Low savings among certain Black and Asian groups in UK hurt their ability to cope with COVID-19 crisis, think tank says.
India’s economy appears to be stabilising as shoppers return
Business activity, company order books and output prices have rebounded sharply since their coronavirus lockdown lows.
Online shopping: Great for bargains, terrible for the environment
Packaging discarded after China's Singles' Day shopping event is hurting government's attempts to reduce waste.