Economy News

South Africa gets $750 million World Bank loan to bolster COVID recovery effort

CAPE TOWN (Reuters) – The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic recovery.

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Economy News

As costs mount, how long can China stick with ‘zero COVID’?

Omicron has exposed the growing toll of Beijing’s reliance on draconian measures like lockdowns and border closures. By Rachel Cheung Hong Kong, China – On January 23, 2020, China gave birth to.

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News

Pakistan sees highest daily COVID cases since pandemic began

Over 7,000 cases reported in a single day as the nation imposes new restrictions to curb the fast-spreading Omicron variant. Pakistan has reported more than 7,000 COVID-19 cases in a.

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Economy News

Western Australia extends COVID-era separation from country

Western Australia has cancelled plans to reopen its inter-state borders due to spread of the Omicron variant. Australia will remain a divided nation with the vast mining state of Western.

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News

Ex-Credit Suisse chief also broke Covid rules going to Euros final

Banker António Horta-Osório, who quit as Credit Suisse boss for breaking Covid isolation rules, also went to the Euros football final, it has emerged. He resigned last weekend, with reports.

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Economy News

Amazon to open its first-ever clothing store at a California mall

The entry into malls could become another threat to traditional clothing sellers because of the data and shopper insights that Amazon may gain, retail experts say. First, Amazon competed with.

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News Stock Market

Barclays, Deutsche join bank rush to reopen offices in England

LONDON (Reuters) – Barclays (LON:BARC) and Deutsche Bank (DE:DBKGn) have told staff they can return to the office in England, joining a growing number of banks reopening their buildings after COVID-19 restrictions were eased.

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News

Israel police chief orders probe into NSO spyware claims

Police commissioner says an internal investigation of police force using NSO spyware did not yield cases of unlawful surveillance Israel’s police chief says he has ordered an extensive investigation into.

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Economy News

Turkey’s central bank hits pause, leaves interest rates unchanged

Turkey’s central bank voted to hit pause on an easing cycle that started in September and saw the lira crash. By Umar Farooq Turkey’s central bank has ended its latest policy-setting.

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Economy News

‘Gold in the sea’: Brazil’s booming fish bladder trade

Amazon fishers are cashing in on a booming maw industry fuelled by Chinese demand, but the threat of overfishing looms. By Lulu Ning Hui and Sarita Reed Belem, Brazil – It was 7am.

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