Category Archives: Economy
The Latest: Chinese city locks down 2 areas as cluster grows
BEIJING — China’s southern manufacturing hub of Guangzhou has imposed lockdowns on two neighborhoods after an additional 11 cases of COVID-19 were detected in the city.
The Latest: Italy opens bars, restaurants for indoor service
ROME— Italians may eat and drink indoors at bars and restaurants for the first time in months, and that includes the morning ritual of having an espresso or cappuccino at a local cafe.
China’s central bank tries to stop surge in currency’s value
BEIJING (AP) — China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly controlled yuan more flexible and market-oriented.
Businesses shut as Malaysia enters second virus lockdown
KUALA LUMPUR, Malaysia (AP) — Malls and many businesses in Malaysia shuttered Tuesday as the country began its second nationwide lockdown to tackle a worsening surge of the coronavirus that has put its health care system on the verge of
Australian court upholds ban on most international travel
CANBERRA, Australia (AP) — An Australian court on Tuesday rejected a challenge to the federal government’s draconian power to prevent most citizens from leaving the country so that they don’t bring COVID-19 home.
‘Leave the building’: Texas walkout escalates voting battles
AUSTIN, Texas (AP) — Midnight was coming fast. Any moment now, the Texas House of Representatives would sign off on one of the most restrictive new voting laws in America.
California eyes shuttered malls, stores for new housing
SACRAMENTO, Calif. (AP) — California state lawmakers are grappling with a particularly 21st-century problem: What to do with the growing number of shopping malls and big box retail stores left empty by consumers shifting their purchases to the web.
Californians hit beaches, travel ahead of virus rules easing
LOS ANGELES (AP) — Californians headed to campgrounds, beaches and restaurants over the long holiday weekend as the state prepared to shed some of its coronavirus rules.
TekSavvy says government should overturn CRTC ruling, call in Competition Bureau
TORONTO — TekSavvy Solutions Inc. says it wants the federal government to order a Competition Bureau investigation into the telecom industry in light of recent CRTC decisions. The independent internet provider formally petitioned the Trudeau cabinet l...
Kyrgyzstan detains ex-prime minister in mine corruption case
MOSCOW (AP) — Kyrgyzstan’s security services have detained a former prime minister in connection with an investigation of corruption involving the huge gold mine that is the country’s largest taxpayer.
