Recent Posts

Beyond Meat declines despite rosier outlook

Bloomberg Beyond Meat fell in early trading despite an increased sales forecast and its first quarterly profit. Investors were bracing for a selloff, when early backers of the faux meat maker will finally be allowed to cash out. The maker of meatless beef and sausages said third-quarter sales rose 250% to $92 million, outpacing analysts’ average estimate. The company now ...

Read More »

US-led nations criticise China at UN for treatment of Uighurs

Bloomberg The US and its Western allies at the United Nations sharply criticised China’s treatment of its ethnic Uighurs, stepping up pressure over human rights just as Washington and Beijing seek to complete a “phase one” deal in their lingering trade dispute. “We call on the Chinese government to uphold its national laws and international obligations and commitments to respect ...

Read More »

Lebanon planning to impose capital controls amid crisis

Bloomberg Calls are mounting for Lebanon to impose formal restrictions on the movement of money to defend the country’s dollar peg and prevent a run on the banks when they open their doors after nationwide protests. Banks have been closed since the start of the uprising two weeks ago and only plan to reopen once the political situation stabilises. The ...

Read More »
Send this to a friend