Bloomberg Stocks fall with US futures on Monday at the start of a busy week of earnings and policy updates, with China’s widening technology crackdown weighing on risk sentiment. Treasuries rise. Contracts on key US gauges slipped following a record close for Wall Street. European equities fall from an all-time high as carmakers and banks led losses. Shares in China ...

Bloomberg Some of the assets most exposed to fears around the spread of the delta variant are luring traders with tempting signals of strength and stability. Emerging-market corporate earnings have outpaced estimates for the first time in 30 months amid an economic rebound in developing nations. Meanwhile, MSCI’s index of emerging currencies remains up this year, defying the declines seen ...

Bloomberg The US and China barreled into their first high-level talks since March trading sanctions and rhetorical barbs, raising the stakes for the effort to stabilise strained relations between the world’s two largest economies. Deputy Secretary of State Wendy Sherman, the US’s No. 2 diplomat, is set to meet Foreign Minister Wang Yi on Monday in Tianjin, about 60 miles ...

Bloomberg The world’s biggest platinum miners are ramping up plans to build renewable energy plants to free them from power outages that have plagued South Africa for more than a decade and to reduce their carbon footprint. Sibanye Stillwater Ltd, the No. 1 platinum miner, Impala Platinum Holdings Ltd and Anglo American Platinum Ltd said they plan to scale up ...

Bloomberg Offshore wind farm developers are finding one more thing in common with the fossil fuel industry: community backlash on both sides of the Atlantic. Much like the resistance to fracking in parts of the US and the UK, oceanfront towns have fought against power lines running ashore from wind farms, even as the massive turbines themselves are mostly out ...

Bloomberg Enel SpA, Italy’s largest utility, plans to dramatically boost its electric mobility business in the next decade, installing 4 million charging stations worldwide from the current 180,000, Chief Executive Officer Francesco Starace said in an interview with daily Corriere della Sera on Sunday. “Our role is to act alongside car manufacturers in order to understand how to set up ...

Bloomberg Southwest Airlines Co said it was “hopeful” of returning to profitability in the third and fourth quarters, amid concerns over the financial impact of a coronavirus variant and a recent rash of flight delays. The potential for an adjusted profit excludes any benefit from billions of dollars in airline aid provided by the US government, Southwest said as it ...

Bloomberg Airbus SE is the favourite to win a multi-billion tender for a new aircraft fleet for the successor of Italy’s bankrupt Alitalia SpA, Corriere della Sera reported. Executives at Italia Trasporto Aereo SpA, known as ITA, have still not taken a final decision and are also talking to Boeing Co, Corriere said, citing three industry sources with knowledge of ...

Bloomberg A US safety regulator’s decision to sue Amazon.com Inc could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from the world’s largest online retailer hurts or kills someone? In recent years, dozens of people who say they were harmed by products, such as exploding hoverboards, defective ...

Bloomberg Some of the world’s biggest footwear and garment companies are seeing production pinched as factories in Southeast Asia struggle to keep the lights on amid one of the world’s deadliest Covid-19 resurgences. A number of firms that churn out products for global giants like Nike Inc and Adidas AG have reported plant suspensions in Vietnam over the past few ...