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Investors tune in as Universal leaps on market debutAMSTERDAM :Universal Music Group's shares leapt more than a third in their stock market debut on Tuesday as investors bet a boom in music streaming still has a long way to run.The world's biggest music label, which represents musicians and song catalogues from Billie Eilish to The Rolling Stones and Bob Dylan
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Democrats unveil plans to suspend debt limitWASHINGTON: Democratic congressional leaders on Monday (Sep 20) unveiled plans to suspend the nation\u0027s borrowing limit, following a White House warning of \u0022economic catastrophe\u0022 unless that ceiling is raised. The legislation also would fund the government through the end of the year after the current
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturersConcern that China Evergrande may default https://www.reuters.com/world/china/china-evergrande-fears-consume-investors-awaiting-trading-2021-09-21 on its mountain of debt hit shares of toilet maker Toto and other Japanese firms that are seen vulnerable to a further slowdown in China's property development. Toto lost 6.1 % on Tuesday, extending its fall since Thursday to 14.8%, on the perceived risk of exposure to Evergrande, which investors fear could miss debt payment later this week. 'There are rising and widely reported concerns about fund flows at leading local developer China Evergrande Group, whose business scale suggests to us it is very likely one of TOTO's major customers,' said Arisa Katsuyama, analyst at Morgan Stanley.
Source: YahooSG - 🏆 3. / 71 Read more »
EU states breached air pollution limits in 2020 despite COVID-19 pandemicBRUSSELS: Most European Union countries broke at least one air pollution limit last year, even as COVID-19 lockdowns improved air quality in many regions, according to provisional European Environment Agency (EEA) data published on Tuesday (Sep 21). Excessive air pollution has landed around 10 EU countries
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
US to end travel bans for vaccinated passengersWASHINGTON — The United States announced Monday (Sept 20) it will lift Covid travel bans on all air passengers in November if they are fully vaccinated and undergo testing and contact tracing.
Source: TODAYonline - 🏆 1. / 99 Read more »