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January 27, 2022

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Biden vows to nominate Black woman to U.S. Supreme Court by end of February

Reuters
Biden vows “rigorous” search for Breyer’s successor President wants Senate to “move promptly” on nominee WASHINGTON, Jan 27 (Reuters) – President Joe Biden on Thursday said he plans by the end of February to nominate a Black woman to replace retiring U.S. Supreme Court Justice Stephen Breyer, a historic first......

EXCLUSIVE Tencent plans to take U.S.-listed streaming firm DouYu private -sources

Reuters
People walk past a booth of live-streaming platform Douyu at the ChinaJoy digital entertainment expo in Shanghai, China July 28, 2016. REUTERS/Stringer/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to take DouYu International Holdings Ltd private amid disagreements......

Apple teases metaverse AR plans, stock jumps

Reuters
Silhouette of mobile user is seen next to a screen projection of Apple logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 27 (Reuters) – Apple Inc teased its metaverse ambitions on Thursday as CEO......

Apple sales and profit top estimates as hit from chip shortages eases

Reuters
Pedestrians walk past an Apple store as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Apple Inc (AAPL.O) is overcoming the costly global shortage in computer chips, posting record sales over......

U.S., China confer on Ukraine, urge de-escalation and calm

Reuters
BEIJING/WASHINGTON, Jan 27 (Reuters) – China told the United States on Thursday it wants all sides involved in Ukraine to remain calm and avoid increasing tensions, while Washington stressed de-escalation and warned of the security and economic risks from any Russian aggression. “We call on all parties to stay calm......

Fiscal stimulus fuels U.S. economy in 2021 to its best performance since 1984

Reuters
Warehouse workers deal with inventory stacked up to the ceiling at an ABT Electronics Facility in Glenview, Illinois, U.S. December 4, 2018. REUTERS/Richa Naidu/File Photo Register now for FREE unlimited access to Reuters.com Register Fourth-quarter GDP increases at 6.9% rate Inventory investment accounts for bulk of growth Growth in 2021......

As Omicron ebbs, England revives Plan A: living with COVID

Reuters
Plan B COVID-19 measures expire in England on Thursday Beleaguered PM Johnson bets on boosters and antivirals Omicron’s lower severity and boosters improved outcomes in Jan But experts say endemic COVID may still be common and deadly LONDON, Jan 27 (Reuters) – After an uncomfortable but relatively brief return to......

Norway wealth fund earns second-highest return in 2021

Reuters
A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, Jan 27 (Reuters) – Norway’s sovereign wealth fund, the world’s largest, earned a return on investment......

U.S. yields rise, Asian shares and European futures tumble as Powell warns on inflation

Reuters
Passersby wearing protective face masks walk past a stock quotation board, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 25, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan falls 2%, lowest since Nov. 2020 Powell warns inflation above long-run goal Fed......

China shares, yuan drop after Powell vows sustained fight against inflation

Reuters
CSI300 falls to lowest level since Sept. 2020 Tech shares lead losses, IT index down 2.46% Yuan heads for biggest one-day loss vs. Dollar in 7 weeks Stock Connect shows nearly 8 bn yuan in outflows SHANGHAI, Jan 27 (Reuters) – Chinese shares slumped to nearly 16-month lows and the......

Expats head for the exit as ‘easy’ Singapore’s COVID controls bite

Reuters
SINGAPORE, Jan 27 (Reuters) – Atar Sandler arrived in Singapore in 2019, seizing the opportunity to live in a buzzing global city that is also a convenient base to jet off to more exotic locales nearby. But after two years of mask-wearing, socialising in small groups and travel restrictions to......

Top U.S. oil states vie for carbon capture oversight to speed up permits

Reuters
Jan 26 (Reuters) – Top U.S. oil-producing states are trying to wrest oversight of carbon capture wells from federal regulators, hoping to speed the oil industry’s preferred approach to combating climate warming amid calls for limits on fossil fuel production. Companies are proposing carbon capture and storage (CCS) hubs to......

China’s Dec industrial profits grow at slowest pace since April 2020

Reuters
China Dec industrial profits +4.2% yr/yr vs +9% in Nov China 2021 industrial profits +34.3% yr/yr BEIJING, Jan 27 (Reuters) – Profits at China’s industrial firms grew at a slower pace in December, the statistics bureau said on Thursday, as factory-gate inflation continued to ease, pointing to cooling demand amid......

Samsung Elec sees tech device recovery in 2022, more supply chain challenges

Reuters
The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Jan 27 (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Thursday forecast a recovery in global tech device......

Tesla sees Cybertruck production delayed to 2023

Reuters
Tesla’s Cybertruck is displayed at Manhattan’s Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Tesla Inc (TSLA.O) will delay production of its much-awaited Cybertruck, aiming to start in 2023, the company said on......

Tesla sees supply chain issues throughout 2022 after record earnings

Reuters
SAN FRANCISCO, Jan 26 (Reuters) – Tesla Inc (TSLA.O) on Wednesday expected supply chain issues to continue through this year, after posting record quarterly revenue that beat Wall Street estimates. The stock fell 2.7% in after-hours trading. Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a......

Wall Street, oil up as Fed signals rate hikes could come ‘soon’

Reuters
Fed says rates could rise ‘soon’ Nasdaq leads U.S. indices higher, up over 2% Oil hits highest level since 2014 WASHINGTON, Jan 26 (Reuters) – U.S. stocks maintained gains Wednesday even after the Federal Reserve signaled an interest rate hike could be coming soon, while tension between Russia and Ukraine......

Fed says U.S. interest rates could rise ‘soon’

Reuters
Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen as a trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 15, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Central bank......

Blinken says U.S. responds to Russia’s demands, seeks dialogue

Reuters
U.S. ambassador delivers reply to Russian Foreign Ministry Kremlin: personal sanctions on Putin would not harm him Russia keeps up pressure with land and sea exercises Four-way talks on east Ukraine drag on in Paris MOSCOW/WASHINGTON, Jan 26 (Reuters) – The United States delivered written replies on Wednesday to sweeping......

Boeing posts loss as 787 jet deliveries stall with ‘no firm end in sight’

Reuters
A Boeing 777X airplane taxis during an attempted first test flight from the company’s plant in Everett, Washington, U.S. January 24, 2020. REUTERS/Lindsey Wasson/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Boeing Co (BA.N) said on Wednesday it incurred $4.5 billion charges in......

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