The European Commission has asked EU member states to review Covid testing and sequencing procedures and to consider scaling them back up amid increased concern about the virus spreading from China.
China has asked two cross-border brokerages to rectify “illegal” business activities, sending depositary receipts of Tencent Holdings Ltd.-backed Futu Holdings Ltd. tumbling.
Russia’s seaborne diesel exports are set to boom next month as the nation races to get cargoes into the market before a European Union embargo begins in February.
The UK Labour Party has a 26-point poll lead over Rishi Sunak’s ruling Conservatives, highlighting the task facing Britain’s new prime minister to restore his party’s fortunes.
China’s central bank pledged to support domestic demand and maintain “effective” growth of credit as the economy reopens from Covid restrictions.
The cost of a fixed-rate mortgage is stabilizing in Britain, as homeowners and landlords brace for a pivotal year in the nation’s housing market.
Spanish inflation slowed for a fifth straight month in December, decelerating by nearly half since mid-year as energy costs continue to decline in the euro zone’s fourth-largest economy.
China appointed its ambassador to the US, Qin Gang, as the new foreign minister, as the nation shows signs of moving back to a lower-key diplomatic strategy after a growing backlash against its confrontational style.
Indonesia, the world’s biggest palm oil producer, is set to export less of the commodity overseas as it tightens a policy requiring companies to keep more supply at home. Prices jumped more than 2%.
Britain’s cost-of-living squeeze will tighten in 2023, with families shouldering higher tax payments at a time when energy bills and interest rates also are soaring.
