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Markets

EU says it is ready to work with Biden administration to settle trade disputes

The European Union on Thursday acknowledged a move by the new U.S. government to refrain from imposing additional tariffs on EU goods in a long-running dispute over aircraft tariffs, and said it was ready to work to resolve trade disputes.

Markets

Markets steady in early Asia trading amid regional holidays

In early trading on Friday global markets were holding steady or slipping a bit as investors looked over mixed data and watched for the next catalyst.

Markets

Commentary: A rising tide of recovery is inevitable, but will not lift all boats

With the coronavirus far from tamed, populism rife, global debt at record levels, and policy normalisation likely to be uneven, the situation remains precarious, says Kenneth Rogoff.

Markets

Disney posts smaller-than-expected drop in quarterly revenue

Walt Disney reported a smaller-than-expected drop in first-quarter revenue on Thursday, as its fast-growing streaming business helped offset some impact from the COVID-19 pandemic on its theme park and movie studio businesses.

Markets

New US data next week to show 7.8% of workforce have multiple jobs

The US Commerce Department's Census Bureau said on Thursday it will present new data next week that will show 7.8 per cent of the country's workforce hold multiple jobs, a trend that has been on the rise during the past 20 years.

Markets

US Justice Department seeks to delay appeals on WeChat, TikTok restrictions

The U.S. Justice Department on Thursday asked a federal appeals court to pause a government appeal of a lower court ruling blocking restrictions that the Trump administration had imposed on Tencent's messaging app WeChat.

Markets

Stocks edge lower on Biden warning about China

U.S. stocks slid on Thursday after U.S. President Joe Biden said China was poised to "eat our lunch," a warning that raised concerns for a market hovering near record highs on hopes of more stimulus, strong earnings and an improving outlook for the pandemic.

Markets

US court clears way for extradition to Japan of Ghosn’s accused escape plotters

A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.

Markets

Kraft Heinz to sell Planters, Corn Nuts brands to Hormel for $3.35 billion

Kraft Heinz said on Thursday (Feb 11) that it plans to sell its nuts business - including most Planters and Corn Nuts products - to Hormel Foods Corp for US$3.35 billion, sending shares up 6 per cent.

Markets

Carlos Ghosn’s accused escape plotters lose US court bid to delay Japan extradition

A U.S. appeals court on Thursday declined to further delay the extradition to Japan of two men charged with helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.

Markets

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