BUSINESS

Companies produce tens of millions more rapid Covid tests to meet surge

The makers of at-home rapid Covid tests are scrambling to meet soaring demand as consumers prepare for holiday gatherings and tests are suddenly in…

Fading Omicron concerns set up shares for weekly gain dent dollar

MILAN/HONG KONG : Stock markets in Europe and Asia cemented gains in light holiday trade on Friday, while the safe-haven dollar eased on signs the…

Organizers say Tokyo Olympics cost $1.8B less than expected

The Tokyo Olympics cost $1.8 billion less than anticipated, local organizers said Wednesday, 4 1/2 months after the Games ended.

Organizers…

Kellogg strike ends as union workers vote to accept new contract

Workers who have been on strike at Kellogg Co. for over two months voted to accept a new contract with the cereal giant that would end the work stoppage,…

Brace for a $600 billion Chinese escape from New York

HONG KONG - The party’s over for Chinese companies in New York. They’re being squeezed by lawmakers in both Beijing and Washington…

WHO urges cancelling some holiday events over Omicron fears

The World Health Organization has urged people to cancel some of their holiday plans to protect public health, as the Omicron variant spreads globally.

PepsiCo Foundation to expand U.S. food aid program globally

At the start of the pandemic, the need for the food that Jaron Barganier’s nonprofit provides to children throughout Texas exploded.

PM Gati Shakti plan single window clearance to further push FDI inflows in new year

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India…