Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a weak demand picture in Asia and OPEC and its allies saying the market does not need more crude.

The US Securities and Exchange Commission (SEC) is headed for a scuffle with corporate America over how much information public companies must disclose about their most important asset: employees. 

Just as American steakhouses are recovering from the first wave of Covid shutdowns, the Delta variant threatens to diminish the appetite for a sector seen as a barometer for full US economic recovery. 

China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies’ handling of critical data.

Asian markets were broadly down Tuesday as investors weighed record gains on Wall Street against fears the resurgent Delta coronavirus variant may put the brakes on the global economic recovery.

The head of Afghanistan’s central bank has fled Kabul, questioned the loyalty of Afghan security forces and blamed President Ashraf Ghani and his inexperienced advisors for the country’s swift and chaotic fall to the Taliban.

The proportion of Britons buying groceries online dipped to 20 per cent in the 12 weeks to Aug. 8, the lowest level seen since October last year, as shoppers returned to stores, market researcher Kantar said on Tuesday. 

Britain’s unemployment rate dipped in the second quarter on reopening of the economy that has resulted in record-high vacancies, official data showed Tuesday.

Global fast fashion brands are helping drive pollution that has dyed African rivers blue or turned their waters as alkaline as bleach, according to a report published on Tuesday.

Electric car and van startups racing to become the next Tesla Inc all want to avoid Elon Musk’s journey through “manufacturing hell.”

The changeover of state power in Afghanistan may not affect business with Bangladesh as the bilateral trade volume is not that significant, said local businesspeople yesterday.

The central bank will lend $50 million to under-pressure Sri Lanka this week as part of Bangladesh’s efforts to support the Island nation suffering from a foreign exchange crisis.

New Yorkers interviewed by Reuters on Monday were largely backing the push by the city’s mayor, Bill de Blasio, to require proof of Covid-19 vaccination to enter restaurants, gyms and other businesses. 

Safe-haven currencies such as the yen held firm against riskier currencies on Tuesday as disappointing economic data from China, the spreading Delta variant of the coronavirus and political tension in Afghanistan weighed on risk appetite.

The British government said on Monday it will review green retail electricity tariffs due to concerns that energy companies could be exaggerating how environmentally friendly their products are. 

Former US oil investment bankers, portfolio managers and executives have formed over 20 listed blank-check companies to take renewable energy companies public, with more listings expected.

Big Wall Street banks have started enforcing stricter mask and vaccine requirements for staff, sometimes communicating them behind the scenes, in an effort to combat Covid-19 infections in their offices while avoiding a fierce national debate about individual rights, sources at the banks and consultants who work with them told Reuters. 

Global shares slid on Monday after a raft of Chinese economic indicators showed a surprisingly sharp slowdown in the engine of global growth, just as much of the world races to stem the spread of the Delta variant of Covid-19 with vaccinations. 

Oil prices fell by about 1 per cent on Monday, dropping for a third session, after official data showed that refining throughput and economic activity slowed in China in an indication that Covid-19 outbreaks are crimping the world’s second-largest economy. 

Japan’s economy grew slightly in the second quarter, recovering from a slowdown at the start of the year despite continuing virus surges and restrictions, data showed Monday.