People exercise at a bridge area as the government eases emergency restrictions amid the coronavirus disease (COVID-19) pandemic in Surabaya, East Java Province, Indonesia August 1, 2021, in this photo taken by Antara Foto/Didik Suhartono/via REUTERSJAKARTA (Reuters) – Indonesia extended restrictions outside Java island by another week in efforts to control the spread of the coronavirus, local media reported on […]

FILE PHOTO: People walk through a crowded market on a rainy day amidst the spread of the coronavirus disease (COVID-19) in Mumbai, India, July 14, 2021. REUTERS/Francis Mascarenhas/File PhotoNEW DELHI (Reuters) – India reported 41,831 new COVID-19 cases in the last 24 hours, according to government data on Sunday. The nationwide tally of infections has reached 31.65 million since the […]

Slideshow ( 2 images )LONDON (Reuters) – Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a 6.3 billion-pound ($8.8 billion) offer from a group led by another U.S. buyout firm, Fortress, the Sunday Times reported. The newspaper said CD&R was understood to have been preparing […]

Proponents of standardizing a four-day workweek point to the benefits to employees' well-being. Either lengthening or shortening trading hours could allow different types of investors more access to the markets. The push for a four-day workweek has gained traction during the coronavirus pandemic, even grabbing the attention of Congress, but a shorter workweek may be difficult to implement on Wall […]

ARK Invest funds were crushed this week, with an especially weak Friday. ARKQ performed the best out of the group, down 0.8% on the day, while ARKF lagged the rest of the group, down about 2.4%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her […]

BEIJING (Reuters) -China reported on Saturday 55 new coronavirus cases in the mainland for July 30, compared with 64 cases a day earlier, the health authority said.FILE PHOTO: A medical worker in protective suit collects a swab from a resident for nucleic acid testing at a sports centre in Jiangning district, following new cases of the coronavirus disease (COVID-19) in […]

After ending the previous session roughly flat, treasuries moved to the upside during the trading day on Friday. Bond prices moved higher early in the day and remained firmly positive throughout the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3 basis points to 1.239 percent. The strength among […]

LIMA (Reuters) -Peru was mired in uncertainty on Friday as bonds tumbled here and the currency hit a low after newly-elected socialist President Pedro Castillo appointed a hard-left Marxist as prime minister while the key post of finance minister remained vacant.FILE PHOTO: Peru’s President Pedro Castillo walks out the Congress after his swearing-in ceremony, in Lima, Peru July 28, 2021. […]