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Markets rattled by fears of fresh Covid curbs in China
Markets rattled by fears of fresh Covid curbs in China

Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time. "There are concerns China may tighten Covid curbs further after the first Covid-related death in almost six months was reported, and a city near Beijing enforced a slew of restrictions," said market analyst Fawad Razaqzada.

Recession-hit UK needs more migrant labour: business lobby
Recession-hit UK needs more migrant labour: business lobby

Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday. "Britain is in the middle of stagflation -- rocketing inflation and negative growth -- for the first time that probably most of us can remember.