Australia shakes up foreign investment laws for national security
Australia announced the biggest shakeup of its foreign investment laws in almost half a century on Friday, including giving the government the power to force the sale of a business if it creates a national security risk.
Factbox: Deals that may be affected by Australia’s foreign M&A crackdown
(This June 5 story corrects paragraph 6 to show stake in common facilities being sold)
Oil edges higher as traders eye producer talks on extending supply cuts
Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed
Asian stocks erased early losses on Friday and were poised for their biggest weekly rise since 2011 while the euro hovered near a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound.
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.