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January 28, 2022

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Thai finance ministry keeps 2022 GDP outlook at 4% growth

Reuters
BANGKOK, Jan 28 (Reuters) – Thailand’s finance ministry on Friday maintained its 2022 economic growth forecast at 4.0%, but trimmed its export outlook for the year, officials said. For 2021, the ministry estimated growth at 1.2%, slightly up from the 1.0% previously projected, Pornchai Theeravet, head of the ministry’s fiscal......

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......

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......

Stellantis set to repay state-backed Italian loan early, sources say

Reuters
Workers install a flag with the logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS/Massimo Pinca Register now for FREE......

EU drug regulator OKs Pfizer COVID pill for high-risk patients

Reuters
Jan 27 (Reuters) – The European Union’s drug regulator on Thursday gave the green light to Pfizer Inc’s (PFE.N) antiviral COVID-19 pill for treating adults at risk of severe illness, as the region scrambles to boost its arsenal to fight the Omicron variant. The endorsement by the European Medicines Agency......

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......

Exports booming, Taiwan’s China Airlines orders 4 more Boeing freighters

Reuters
Passenger jets of Taiwan’s China Airlines at Taipei Songshan Airport in Taipei, Taiwan, June 8, 2020.REUTERS/Ann Wang Register now for FREE unlimited access to Reuters.com Register TAIPEI, Jan 27 (Reuters) – Taiwan’s China Airlines Ltd said on Thursday its board had approved the purchase of four more Boeing Co (BA.N)......

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......

U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods

Reuters
An aerial view shows agricultural fields as California faces its worst drought since 1977, in Mundo, California, U.S., July 4, 2021. Picture taken with a drone REUTERS/Aude Guerrucci Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Insurance payments to U.S. farmers for crops lost to......

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......

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......

Intel scores major win as court scraps $1.2 bln EU antitrust fine

Reuters
Jan 26 (Reuters) – Intel on Wednesday won its fight against a 1.06-billion-euro ($1.2 billion) EU antitrust fine that the U.S. chipmaker was handed 12 years ago for stifling a rival, in a major setback for EU antitrust regulators. The judgment by Europe’s second-top court in support of Intel’s arguments......

Italian CEOs’ Putin call exposes European discord

Reuters
Russian President Vladimir Putin speaks over the phone with Turkish President Tayyip Erdogan while he inspects the work on the Turkish Stream gas pipeline project aboard the Pioneering Spirit pipeline-laying ship in the Black Sea near Anapa, Russia, June 23, 2017. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS Register now for FREE unlimited......

China will allow Guizhou financing vehicles to delay debt payments

Reuters
BEIJING, Jan 26 (Reuters) – China will allow local government financing vehicles (LGFVs) in the southwestern province of Guizhou to delay debt payments and undergo debt restructuring, the cabinet said on Wednesday, part of a broader plan to spur growth in one of China’s poorest regions. China’s local governments are......

Hong Kong risks exodus over extended COVID isolation, Euro chamber says

Reuters
Hong Kong skyline is pictured from Victoria Peak in Hong Kong, China January 2, 2020. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register HK reopening seen delayed until China rolls out mRNA vaccine High costs include exodus of international residents Appeal as global business hub seen fading......

Blast in Greek capital damages buildings, one injured

Reuters
ATHENS, Jan 26 (Reuters) – One person was injured and several buildings were extensively damaged by an explosion in central Athens that led to a fire early on Wednesday, officials and witnesses said. One person who suffered burns was taken to hospital, Giorgos Mathiopoulos, the head of workers at the......

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