Financial News

Tuesday, August 24th
August 23, 2021
AP-NC Newswatch
August 24, 2021
Financial News




World shares gain mostly…Hong Kong to crack down on films


TOKYO (AP) – Global shares are mostly gaining, boosted by a near-record rise on Wall Street. In early trading, France’s CAC 40 was little changed, inching down less than 0.1%, while Germany’s DAX added 0.2%. Britain’s FTSE 100 slid 0.1%. Japan’s Nikkei finished 0.9% higher. South Korea’s Kospi gained 1.6%. Hong Kong’s Hang Seng added 2.5%, while the Shanghai Composite was up 1.1%. U.S. shares are set to drift higher with Dow futures gaining nearly 0.2% and S&P 500 futures up 0.2%.


UNDATED (AP) – CVS Health Corp. is joining the group of U.S. companies that require employees who have contact with customers to be vaccinated against the coronavirus. Nurses and other employees who interact with patients, as well as all corporate staff, must be vaccinated by Oct. 31. The company says pharmacists have until Nov. 30 to be vaccinated. CVS, headquartered in Woonsocket, Rhode Island, says other jobs might be added to the list requiring vaccination. The company says its workforce of some 300,000 people includes more than 40,000 physicians, pharmacists, nurses, and nurse practitioners.


RICHMOND, Va. (AP) – Nine activists from Bahrain had their iPhones hacked by advanced spyware made by the Israeli company NSO Group, the world’s most infamous hacker-for-hire firm. The cybersecurity watchdog Citizen Lab, at the University of Toronto, says NSO Group’s Pegasus malware successfully hacked the phones between June 2020 and February 2021. Those reportedly hacked included members of the Bahrain Center for Human Rights and two political dissidents living in exile.


BERLIN (AP) – Official statistics show that Germany’s economy grew by 1.6% between April and June compared with the previous quarter, a slightly better showing than initially reported. The Federal Statistical Office says the gain follows a decline of 2% in the first quarter. In preliminary figures at the end of July, it had reported second-quarter growth of 1.5% following a first-quarter drop of 2.1%.


HONG KONG (AP) – Hong Kong authorities say they plan to amend a film censorship law to forbid screenings of movies deemed contrary to national security. The proposed changes to Hong Kong’s Film Censorship Ordinance would step up censorship of movies in the semi-autonomous city, expanding an ongoing crackdown on political dissent. That means older movies that were previously allowed to be screened could also have their approvals revoked on national security grounds.