
-
Kenya's economy faces climate change risks: World Bank
-
The scientist rewriting DNA, and the future of medicine
-
'Anxious': US farmers see tariffs threaten earnings
-
Nostalgia fuels UK boom in vintage video game repairs
-
Snappy birthday: Germany's Leica camera turns 100
-
India's Modi in Sri Lanka for defence and energy deals
-
Fractious Republicans seek unity over Trump tax cuts
-
Trump's global tariff takes effect in dramatic US trade shift
-
'I don't have a voice in my head': Life with no inner monologue
-
Lula admits 'still a lot to do' for Indigenous Brazilians
-
California to defy Trump's tariffs to allay global trade fears
-
Sean 'Diddy' Combs faces more charges ahead of criminal trial
-
Intercommunal violence kills dozens in central Nigeria
-
Trump goads China as global trade war escalates
-
How can the EU respond to Trump tariffs?
-
Canada loses jobs for first time in 3 years as US tariffs bite
-
Nations divided ahead of decisive week for shipping emissions
-
US job growth strong in March but Trump tariff impact still to come
-
Stocks, oil slump as China retaliates and Trump digs in heels
-
US hiring beats expectations in March as tariff uncertainty brews
-
Where things stand in the US-China trade war
-
UK spy agency MI5 reveals fruity secrets in new show
-
Taiwan earmarks $2.7 bn to help industries hit by US tariffs
-
Greece nixes Acropolis shoot for 'Poor Things' director
-
Trump unveils first $5 million 'gold card' visa
-
BP chairman to step down after energy strategy reset
-
Indian patriotic movie 'icon' Manoj Kumar dies aged 87
-
Pacific nations perplexed, worried by Trump tariffs
-
Prominent US academic facing royal insult charge in Thailand
-
Yana, a 130,000-year-old baby mammoth, goes under the scalpel
-
Crops under threat as surprise March heatwave hits Central Asia: study
-
Japan PM says Trump tariffs a 'national crisis'
-
'It's gone': conservation science in Thailand's burning forest
-
EU leaders push for influence at Central Asia summit
-
Asian stocks extend global rout after Trump's shock tariff blitz
-
German industry grapples with AI at trade fair
-
Where Trump's tariffs could hurt Americans' wallets
-
Trump tariffs on Mexico: the good, the bad, the unknown
-
With tariff war, Trump also reshapes how US treats allies
-
Penguin memes take flight after Trump tariffs remote island
-
Tom Cruise pays tribute to Val Kilmer
-
'Everyone worried' by Trump tariffs in France's champagne region
-
UK avoids worst US tariffs post-Brexit, but no celebrations
-
Canada imposing 25% tariff on some US auto imports
-
Lesotho, Africa's 'kingdom in the sky' jolted by Trump
-
Trump's trade math baffles economists
-
Macron calls for suspension of investment in US until tariffs clarified
-
Trump tariffs hammer global stocks, dollar and oil
-
Mexico president welcomes being left off Trump's new tariffs list
-
Lesotho hardest hit as new US tariffs rattle Africa
RBGPF | 100% | 69.02 | $ | |
CMSD | 0.7% | 22.83 | $ | |
RYCEF | -18.79% | 8.25 | $ | |
BTI | -5.17% | 39.86 | $ | |
SCS | -0.56% | 10.68 | $ | |
GSK | -6.79% | 36.53 | $ | |
NGG | -5.25% | 65.93 | $ | |
RELX | -6.81% | 48.16 | $ | |
CMSC | 0.13% | 22.29 | $ | |
RIO | -6.88% | 54.67 | $ | |
JRI | -7.19% | 11.96 | $ | |
BCC | 0.85% | 95.44 | $ | |
VOD | -10.24% | 8.5 | $ | |
AZN | -7.98% | 68.46 | $ | |
BCE | 0.22% | 22.71 | $ | |
BP | -10.43% | 28.38 | $ |

Chinese food delivery giant slumps on new fee-cut measures
Shares of Chinese food delivery giant Meituan slumped Friday as Beijing released new guidelines instructing internet platforms to lower fees for struggling eateries.
The guidelines, published by China's top economic planner, aim to support a service sector hit especially hard by restrictions to curb the spread of Covid-19.
Shares in Meituan, which has hundreds of millions of users in China, plunged almost 15 percent in Hong Kong when markets closed Friday.
Earlier this week, a State Council meeting pledged to scale up support for sectors such as catering, retail and tourism, including temporary tax breaks, the official Xinhua news agency reported.
And internet companies, including those doing food delivery, should be guided to further cut service fees, helping merchants bring down operating costs, according to the latest document from the National Development and Reform Commission.
"Internet platform companies shall be guided to give preferential service fees to catering firms... where medium- or high-risk areas in the pandemic are located," the NDRC added.
Beijing has embarked on a sweeping regulatory crackdown in the past year or so, clipping the wings of several major internet firms and leaving investors jittery.
Meituan shares have dropped nearly 60 percent in the last year, according to Bloomberg News.
China's economic growth also slowed dramatically in the second half of 2021, raising concerns about the impact of a strict zero-Covid approach that has left borders mostly closed to the outside world and impacted on supply chains.
L.Peeters--CPN