Business and Economy

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Tencent shares fall most in 10 years on fear of crackdown

Chinese state media called online video games ‘spiritual opium’, sending stocks of Tencent, other gaming firms tumbling. Tencent Holdings Ltd…

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US labour official says Amazon union vote should be redone

The union has accused Amazon of illegally threatening staff with reduced benefits, compromising election’s integrity. A US labour board official…

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Hog heaven: China builds pig hotels for better biosecurity

China is taking hog biosecurity to new levels — 13 stories in fact. That’s the height of a building in…

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As Indian billionaire plans new airline, Boeing hopes for orders

Indian billionaire Rakesh Jhunjhunwala’s plan to launch an ultra-low-cost airline could give planemaker Boeing a chance to regain lost ground…

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Peru’s new FM aims to retain central bank head, calm markets

The former World Bank economist, sworn in late Friday, offers a counterbalance to Peru’s newly appointed left-wing gov’t. Peru’s finance…

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Can Iran’s new President Raisi fix a deeply troubled economy?

Tehran, Iran – Ebrahim Raisi, who will be sworn in on Thursday as Iran’s eighth president, inherits a troubled economy…

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Oil slips on worries of a China slowdown, jump in OPEC output

China’s factory activity growth slipped sharply in July as demand contracted for the first time in more than a year.…

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Jack Dorsey’s Square snaps up Australia’s Afterpay for $29bn

Square, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay for $29bn,…

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Homeless in Australia: ‘You have to be on your guard constantly’

More than 116,000 people are homeless on any given night in Australia and that number is rising all the time.…

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Walmart, largest US employer, orders staff to vaccinate

The mandate covers all campus staff as well as market, regional and divisional employees, the retailer said. Walmart Inc., the…

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