Coal shares lose ground after Glasgow climate deal
By Tom Westbrook
SYDNEY - An international agreement to reduce coal use dragged miners' shares lower on Monday, but tight supply of the commodity provided a floor...
N.Korea’s Kim visits new city in first public outing in over a month
By Hyonhee Shin
SEOUL - North Korean leader Kim Jong Un visited a new city being built near the border with China and a sacred mountain revered...
Tesla’s Musk sells $930 mln in shares to cover stock option tax – filings
Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities...
WTO says goods trade slowing due to supply issues, cooler demand
GENEVA - Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic as production and supply disruptions...
Was Glasgow pact a win for climate? Time will tell
GLASGOW — Its ambition was clear: the U.N. climate summit was meant to secure a deal to give the world a chance to avert the worst impacts of climate change by capping global warming at 1.5 degrees Celsius (2.7 Fahrenheit) above pre-industrial levels.
China blames cold-chain foods for coronavirus flareup in major port city Dalian
CHINA has linked the coronavirus outbreak in Dalian, a major port city that has become the country’s latest hotspot, to cold-chain foods and authorities are stepping up scrutiny of imported products.
Japan’s economy shrinks more than expected as supply shortages hit
TOKYO — Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions hit exports and business spending plans and fresh coronavirus disease 2019 (COVID-19) cases soured the consumer mood.
Biden advisers say pandemic, not policies, fueling inflation
[HED] WASHINGTON — US President Joseph R. Biden, Jr.’s economic advisers defended his policies on Sunday amid rising inflation that they said was a global issue related to the coronavirus disease 2019 (COVID-19) pandemic, not a result of the administration’s programs.
COP26 message to business: clean up to cash in
GLASGOW — The hard-fought Glasgow Climate Pact sent a clear message to global companies and executives: reassess business strategies and carbon footprints to reap monetary rewards, or lag and risk losses.
China regulator proposes cybersecurity review for some Hong Kong IPOs
BEIJING — China’s cyberspace regulator on Sunday proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle...
Russia starts missile supplies to India despite US sanctions risk
MOSCOW — Russia has started supplying India with S-400 air defense missile systems, Russian news agencies reported on Sunday citing Dmitry Shugayev, the head of...
UN climate agreement clinched after late drama over coal use
GLASGOW — United Nations (U.N.) climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the key driver of global warming, even as coal-reliant countries lobbed last-minute objections.