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New COVID variant threat causes worldwide scramble

BRUSSELS — Nearly two years into the COVID-19 pandemic, the world is racing to contain a new coronavirus variant potentially…

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Business

Oil drops 13% in worst day of 2021, breaks below $70 as new Covid variant sparks global demand concerns

Working oil pumps against a sunset sky. Imaginima | E+ | Getty Images Oil posted its worst day of the…

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Business

Asian stock markets sink as traders watch Europe virus cases

Asian stock markets have declined as traders weigh the impact of a surge in coronavirus cases in Europe and anti-disease…

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Business

China’s real estate uncertainties persist, fueling market anxiety

Listings of apartments for sale displayed at a real estate office in Shanghai, China, on Monday, Aug. 30, 2021. Qilai…

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Business

Shares of Chinese real estate developer Kaisa pop 20% after debt restructuring plan

Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen |…

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Business

Baidu kicks off its robotaxi business, after getting the OK to charge fees in Beijing

BEIJING — Baidu can start collecting robotaxi fares in a part of Beijing from Thursday, the Chinese tech giant told…

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Business

Stocks making the biggest moves midday: Gap, Nordstrom, Deere, VMware and more

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in…

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Business

The Federal Reserve is likely to become a tougher talking central bank, could end bond program sooner

Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30,…

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Business

Cathie Wood says her firm is testing a more aggressive strategy that would be ‘ARK on steroids’

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills,…

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Business

Stocks making the biggest moves premarket: Deere, Gap, Nordstrom, VMware, HP & more

Check out the companies making headlines before the bell: Deere & Co. (DE) – The farm equipment maker reported quarterly…

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