International Economic
Snowball Finance plans $300m US IPO
Online financial information portal, Snowball Finance Beijing Internet Information Technology is planning an initial public offering in the US which could raise around $300m.
Gandhi warns of Indian second wave that threatens to spread worldwide
India's main opposition leader Rahul Gandhi warned on Friday that the second Covid-19 wave that is fiercely hitting the country needs to be brought under control or it could even threaten the rest of the world.
US non-farm payrolls rise by just 266,000 in April
America's labour market last month generated the fewest jobs ever relative to economists' forecasts.
IntesaSanpaolo boss sees Italy bank mergers ahead
Italy's banking sector is set to see a wave of mergers, the head of the country's largest lender said.
Japan extends Covid restrictions 80 days before start of Olympics
The Japanese government extended the country's coronavirus state of emergency in Tokyo and three other areas until the end of May in a bid to bring down the infection rate 80 days before the Olympics.
Construction leads rise in German industrial production
German industrial production rose 2. 5% in March led by a sharp rise in construction activity.
China trade surplus beats expectations
China's trade surplus jumped to $42. 9bn in April, outstripping expectations as exports continued to rise, official figures showed.