Business News

SINGAPORE (Reuters) — Ether, the world’s second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin’s rally and riding on news of wider blockchain adoption. The ether token, which underpins the ethereum blockchain network, rose to as high as $4,643 in Asi…

NEW YORK (Reuters) — Wall Street banks are intensifying preparations for the Federal Reserve’s withdrawal of pandemic stimulus to ensure they are able to handle spikes in market volatility, help clients manage their risks — and score a profit. With the Fed expected to formally announce …

MONTREAL (Reuters) — Airlines are reopening airport lounges with higher-end service to lure back premium travelers after the pandemic, while increasingly opening the VIP experience to tourists — for a fee. Premium travel plummeted during the Covid-19 crisis, depriving airlines of higher-margin fare…

(Reuters) — Pfizer Inc on Tuesday said it expected this year to sell $36 billion of the Covid-19 vaccine it developed with German partner BioNTech and forecast another $29 billion in sales in 2022, topping analyst estimates for both years. The drugmaker said it is seeking to sign more deals with co…

SINGAPORE (Reuters) — Asian stocks wavered on Monday, with Japanese companies catching a post-election boost but weak Chinese data weighing on the broader mood ahead of policy meetings in the United States, Britain and Australia that are set to define the rates outlook. Japan’s Nikkei rose 2.…

TOKYO (Reuters) — Sega Sammy Holdings on Monday said it is exploring a strategic alliance with Microsoft to develop big budget titles using the Xbox maker’s cloud gaming tech, driving anticipation the move could signal a deeper tie-up. Tokyo-based Sega is exploring making titles with global r…

THE Saipan Chamber of Commerce will host its monthly general membership meeting on Wednesday, Nov. 3, 2021 at the Hyatt Regency Saipan ballroom. Topics and guest speakers include: • Finance Secretary David DLG Atalig  who will speak about ARPA progress and projects as well as the new online system.…

(Reuters) — American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages and unfavorable weather. The U.S. airline said it canceled 551 flights on Saturday, 480 flights on Sunday, in addition to 376 flights canceled on Friday. FlightAware, a fli…

DUBAI (Reuters) — Saudi Arabian state oil producer Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and volumes sold, beating analysts’ forecasts. The oil giant’s best quarterly earnings since its listing in December 2019 was fuele…

ROME (Reuters) —  The United States and the European Union on Sunday ended a dispute over steel and aluminum tariffs and said they would work on a global arrangement on steel and aluminum to combat “dirty” production and overcapacity in the industry. “The United States and the Eur…