China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more
Fed minutes for November due at 1900 GMT US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares churned on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light … Read more
‘Invincibility centers’ to provide heat, water, internet Power outages widespread as Russia targets electricity grid G7 to soon announce price cap on Russian oil – US official KYIV, Nov 23 (Reuters) – Ukraine promised shelters with heat and water and encouraged its people to save energy as a harsh winter loomed amid relentless Russian strikes … Read more
Death toll from 5.6-magnitude earthquake expect to rise Dozens remain trapped in the rubble – officials President CIANJUR, Indonesia, Nov 22 (Reuters) – Children killed when their schools collapsed accounted for many of the 162 dead in an earthquake that devastated a town on Indonesia’s main island of Java, an official said on Tuesday, as … Read more
Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage US proposes “phase out” of fossil fuels Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund to … Read more
https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more
https://tmsnrt.rs/2zpUAr4 Focus on US inflation for signs of slowdown in Fed hikes Dollar firm, crypto stokes spillover fears China mainland, Hong Kong shares battered by COVID case surge European markets steady SYDNEY/LONDON, Nov 10 (Reuters) – Shares dipped slightly and the dollar firmed on Thursday, ahead of US inflation data that will influence the Federal … Read more
China, United States have leading role Guterres seeks coal phase-out by 2040 UAE, host of 2023 talks, says will keep producing fossil fuel SHARM EL-SHEIKH, Egypt, Nov 7 (Reuters) – World leaders and diplomats framed the fight against global warming as a battle for human survival during opening speeches at the COP27 climate summit in … Read more
China’s Oct exports, imports shrink unexpectedly Frail data further blow to struggling economy Global recession risks, COVID curbs in China darken outlook Analysts expect further weakness in exports and imports BEIJING, Nov 7 (Reuters) – China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as a perfect storm of … Read more
Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more