Argo Blockchain Plc (NASDAQ: ARBK) subsidiary agreed to sell its Helios facility and real property in Dickens County, Texas, and related assets to Galaxy Digital Holdings, Ltd for $65 million (£54 …
Monthly Archives For December 2022
Amid COVID Spike, China Claims Situation Under Control & Beijing ‘coming Back To Normal’
The coronavirus surge in Beijing has peaked, the first Chinese city to reach this point since China abandoned its zero-Covid policy, says the Foreign minister.
Should We Be Worried About BF.7, China’s Dominant Variant? Boston Doctors Explain
As China scales back restrictions amid surging COVID-19 cases, experts are worried about whether BF.7, the dominant strain there, could mean trouble for the U.S. The BF.7 subvariant, which descended …
China’s Newly Relaxed Covid Restrictions Are Causing Luxury Shares to Rise
China is finally starting to walk back its zero-Covid policy—and that’s having some beneficial effects on the luxury industry. After the country announced that it would no longer require incoming …
China’s EV Market Will Slow in 2023. That Still Leaves It Ahead.
Expiring subsidies will weigh on electric-vehicle sales, but China’s strength in EVs will prove durable.
China’s business mood shows post-Covid economic recovery has a long way to go
A quarterly survey by China’s central bank shows that business confidence and activity in the world’s No 2 economy are weak, while economists warn mounting external challenges could derail a full …
Explainer: What’s happening with Covid-19 in China?
The country has abandoned its harsh zero-covid approach, but an explosion of cases has prompted concerns about the outbreak spreading to other countries.
Oil Falls on Concerns About China’s Soaring Covid-19 Cases
Hopes the country reopening for travel would boost growth are giving way to worry about the spread of the coronavirus.
China’s New Covid Chapter
China’s Covid outbreak appears to be going from bad to worse. In recent days, local governments have reported hundreds of thousands of infections a day. Sick patients are crowding hospital hallways, videos obtained by The…
Oil prices fall on worries about China COVID surge
Oil prices fell on Wednesday as concerns about an upsurge in COVID-19 cases in China, the world’s top oil importer, outweighed expectations easing pandemic restrictions would lead to economic recovery and growth in demand for…
China’s Iron and Steel Producers Hit by Property Slump
Profits at China’s iron and steel manufacturers shriveled in the first 11 months of 2022, down 94.5% year-on-year as the industry struggled with sluggish demand from the property sector and rising …
Global shares muted as investors fret over China reopening
The global gauge is on course to end 2022 19.5% down, in its worse performance since the financial crisis of 2008, having buckled under the pressure of red-hot inflation in Western economies, major …
Covid-19: Experts say Indians don’t need to panic over China coronavirus surge
Experts have told the BBC that the current Covid surge in China is “unlikely” to impact India, but they urged people to stay cautious and wear masks. India has stepped up surveillance after a spike…
