Britain’s Treasury chief says he’s increasing the windfall tax on the profits of oil and natural gas companies as he announced an emergency budget aimed at restoring the nation’s economic credibility and patching up its battered finances
Chinese authorities locked down a major university in Beijing on Wednesday after finding one COVID-19 case as they stick to a “zero-COVID” approach despite growing public discontent
Millions are hoping British Prime Minister Rishi Sunak finds money to help them survive a cost-of-living crisis when the government releases its spending plans Thursday
Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou has been ordered to undergo virus testing while a major city in the southwest closed schools as another rise in infections was reported
Asian stock markets have surged after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes
Asian stocks have advanced as investors weigh uncertainties such as the U.S. mid-term elections and China’s possible moves to ease coronavirus restrictions
Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor’s factory in central China
Chinese health officials are giving no indication of any relaxation of COVID-19 restrictions following several days of speculation that the government was considering changes to a “zero-COVID” approach that has stymied economic growth and disrupted daily life
The European Commission has authorized the world’s first one-dose drug against a respiratory virus that sickens millions of babies and children globally every year
