Business

Surging oil prices lift U.S. material, energy stocks; Yen wilts

By Koh Gui Qing (Mon, October 11, 2021) Oil prices surged on Monday to multi-year peaks, boosting U.S. materials and energy stocks, but fears that rising prices would exacerbate supply-chain snags caused Wall Street to give up early gains.https://bdaca05bcb204a105aa384e4eb6f8468.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html Higher vaccination rates against the coronavirus have supported a revival in economic activity, helping Brent prices to …

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Korea reopen their phone lines in the face of Seoul’s attempt to re-establish ties

By Hyonhee Shin (Mon, October 04, 2021) The two Koreas on Monday restored their hotlines that the North cut months ago, and Pyongyang urged Seoul to redouble its efforts to improve relations after criticizing alleged double standards in weapons development. North Korean leader Kim Jong Un expressed a willingness last week to revive the hotlines, …

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Worldwide Plant Based Biomanufacturing Industry to 2026 – Featuring Pfizer, Aimmune Therapeutics and Medicago Among Others – ResearchAndMarkets.com

By DUBLIN Global plant based biomanufacturing market will report an impressive CAGR in the forecast period, 2022-2026. The market growth can be attributed to the advancing healthcare capabilities to device treatment from plant based elements. Moreover, increasing number of pipeline products that are a part of plant based biologics is further drive the growth of …

Worldwide Plant Based Biomanufacturing Industry to 2026 – Featuring Pfizer, Aimmune Therapeutics and Medicago Among Others – ResearchAndMarkets.com Read More »

Biden mulls US rival to China’s Belt & Road in Latin America

By Jennifer Jacobs The administration of United States President Joe Biden is aiming to counter China’s Belt & Road infrastructure expansion into Latin American by sending an official there to scout for projects, sources tell Bloomberg News. The Biden administration is considering a U.S.-led competitor for China’s Belt and Road international trade and public works …

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China Declares Cryptocurrency and Mining Transactions Illegal

By Expansion China dealt a severe blow to cryptocurrencies on Friday, as the People’s Bank of China declared that all transactions with these digital assets are illegal and should be banned throughout the country, as well as mining processes. Bitcoin is currently in free fall and its value has plummeted to $42,428. The same goes …

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2.8 million workers left outsourcing

By Diego Coto More than 2.8 million workers are no longer in outsourcing and their wages increased by 14%.Taxpayer Provided © After the entry into force of the outsourcingreform,more than two million 800 thousand workers have left the subcontracting scheme.https://widgets.informars.com/c/standard/mx/es/creditcard/widgets/CreditCardsWidget.aspx In addition, according to Luisa María Alcalde, head of the Ministry of Labor and Social Welfare …

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US airlines say COVID-19 variants aren’t hurting bookings

By DAVID KOENIG Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated. “We haven’t seen any impact at all on bookings, …

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