Sunday , 8 February 2026

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Nike forecast sends shares on their biggest rally since 1987

Bloomberg Nike Inc soared to an all-time high in the latest sign that consumers are opening their wallets more than expected as the pandemic eases in much of the world. The shares rose almost 16% to a record $154.35 after the company projected that revenue this fiscal year will surpass $50 billion for the first time, benefiting from rebounding growth …

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Sydney in two-week lockdown as Delta variant infections rise

Bloomberg Greater Sydney was put into a two-week lockdown to fight an outbreak of the highly-transmissible delta variant of the coronavirus, straining Australia’s so-called “Covid-zero” strategy as vaccinations lag behind other developed nations. Residents can only go out for reasons such as food shopping, medical care or essential work and education that can’t be done from their own homes, New …

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HSBC apology shows financial fears mounting in Hong Kong

Bloomberg HSBC Holdings apologised to customers in Hong Kong after an update to its online and mobile banking terms stoked fears over overseas access to its services in the financial hub. The quick mea culpa by Hong Kong’s biggest bank — triggered by a Twitter post — underscores growing concerns in the city over not only civil society but also …

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