curbs

‘Simply unreasonable’: China warns of countermeasures as more countries impose fresh curbs on its citizens 

by

China has blasted countries that have made pre-departure Covid RT-PCR tests mandatory for Chinese passengers. It has warned of similar countermeasures based on ‘reciprocity’, Reuters reported on Tuesday.  On Tuesday, China’s foreign ministry said travel entry restrictions imposed by some countries were “simply unreasonable” and “lacked scientific basis”. Speaking to reporters in Beijing, foreign ministry … Read more

European Gas Declines as Persistent Mild Weather Curbs Demand

by

Article content (Bloomberg) — European natural gas prices declined as persistent warmer-than-normal winter weather reduces demand and eases stress of the region’s energy systems.  Article content Benchmark futures fell as much as 6.5%. Unseasonably mild temperatures are set to remain across continental Europe next week, forecasts show.   Article content The weather has eased concerns … Read more

Lula tightens Brazil’s gun controls and curbs gold mining in Amazon

by

Brazil’s newly elected president Luiz Inácio Lula da Silva has moved to sweep away the legacy of his predecessor Jair Bolsonaro by tightening gun controls and curbing gold mining in the Amazon rainforest. In the wake of his inauguration on Sunday, the leftwing president revoked a decree that made it easier to buy guns and … Read more

China’s widening COVID-19 curbs trigger public pushback

by

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Martin Quin Pollard and Liz Lee Publishing date: Nov 25, 2022  •  8 minutes ago  •  4 minute read Join the conversation Article content BEIJING — Frustration simmered on Friday among residents and business groups in China navigating stricter COVID-19 control curbs as the … Read more

Base metals drop as China’s COVID curbs spark demand concerns

by

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 21, 2022  •  6 minutes ago  •  2 minute read Join the conversation Article content Industrial metal prices slipped on Monday as fresh COVID-19 curbs in top consumer China clouded the demand outlook, while a stronger dollar added to the downbeat mood. Three-month copper … Read more

Alibaba Posts Surprise Loss as China Covid Curbs Take a Toll

by

(Bloomberg) — Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely grew, as China’s rigid Covid controls continue to sap consumer sentiment. Most Read from Bloomberg China’s e-commerce leader reported a net loss of 20.6 billion yuan versus projections for a profit of almost the same amount, after it marked down the … Read more

China’s economy loses momentum as COVID curbs hit factories, consumers

by

Breadcrumb Trail Links PMN Business Author of the article: Reuters Ellen Zhang and Kevin Yao Publishing date: Nov 15, 2022  •  11 minutes ago  •  3 minute read  •  Join the conversation Article content BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and … Read more

Biden’s Chip Curbs Outdo Trump in Forcing World to Align on China

by

Breadcrumb Trail Links PMN Business As the president meets with Xi Jinping, Washington’s tough new export controls on key technology are riling Beijing and US allies alike. Author of the article: Bloomberg News Bloomberg News ch{p99s(c72ev3o42]qfl7}d_media_dl_1.png Bloomberg RSS Article content (Bloomberg Businessweek) — President Joe Biden came to office pledging to abandon Donald Trump’s with-us-or-against-us approach to China. … Read more

Cathay’s pilot exodus persists as pandemic curbs hit morale

by

One Cathay Pacific pilot had been with the airline for more than five years and planned a long career. But at the end of September, he quit the Hong Kong carrier, packed up his belongings and headed to Australia for a lower-paying job at a flying academy. Cathay and its long-suffering pilots have been big … Read more

Curbs on rights weaken Egypt’s climate talks, campaigners say

by

Breadcrumb Trail Links PMN Business Author of the article: Article content SHARM EL-SHEIKH — In a fenced-off area guarded by police on the fringe of the global climate summit in Sharm el-Sheikh, around 30 Egyptian youths stood in a neat line holding up placards and chanting “Save our Planet.” The small, muted protest took place … Read more