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January 15, 2021

Reports

Column: Faith in coming ‘boom’ persists despite dire Q1

Reuters
LONDON (Reuters) – There aren’t many years you can effectively write off economic growth forecasts for a quarter and leave markets unperturbed – but welcome to 2021. FILE PHOTO: Containers are seen on a shipping dock in the Port of Los Angeles, California, U.S., April 16, 2020. REUTERS/Lucy Nicholson/File Photo......

Breakingviews – Chinese investors can soothe Xiaomi’s U.S. pains

Reuters
A man uses his smartphone next to the Xiaomi brand’s store in central Kiev, Ukraine February 11, 2020. REUTERS/Valentyn Ogirenko HONG KONG (Reuters Breakingviews) – It’s good to be able to turn to friends for support. Chinese phone maker Xiaomi lost some $10 billion in market value following its addition......

Russian athletes propose ‘Katyusha’ folk song to replace anthem: reports

Reuters
MOSCOW (Reuters) – Russian athletes on Thursday proposed playing patriotic folk song ‘Katyusha’ at international sporting events for the next two years, while Russia’s national anthem is banned over doping violations, news agencies reported. FILE PHOTO: Sofya Velikaya, Chairman of the Athletes’ Commission of the Olympic Committee of Russia, attends......

China reports first Covid death in more than six months as WHO investigators arrive

CNBC
CNBC – For more and to sign up click here Medical workers collect swab samples from residents at a community Covid-19 testing site in Qiaoxi district of Shijiazhuang, capital of north China’s Hebei Province, Jan. 7, 2021. Yang Shiyao | Xinhua News Agency | Getty Images BEIJING — Mainland China......

Dollar extends rebound as investors await U.S. stimulus details, bitcoin bounces

Reuters
TOKYO (Reuters) – The dollar extended its rebound from near three-year lows versus major peers on Thursday, supported by higher U.S. yields, as President-elect Joe Biden prepared to outline his plans for massive fiscal stimulus. FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020.......

North Carolina health department reports its spent $480M to fight COVID-19 pandemic

WashingtonExaminer
USA TODAY – For more and to sign up click here The North Carolina Department of Health and Human Services has spent nearly $480 million in federal aid in response to the COVID-19 pandemic. A large portion of the aid provided by Congress to states in March 2020 was spent......

Fed sees modest growth but says optimism tempered by virus resurgence

Reuters
(Reuters) – U.S. economic activity increased modestly in recent weeks and a growing number of Federal Reserve districts saw a drop in employment as a surge in coronavirus infections led to more shutdowns, the U.S. central bank said on Wednesday. FILE PHOTO: The Federal Reserve Building stands in Washington April......

U.S. consumer prices increase in December

Reuters
FILE PHOTO: People shop at Macy’s Department store in New York City, U.S., March 11, 2019. REUTERS/Brendan McDermid WASHINGTON (Reuters) – U.S. consumer prices increased in December, with households paying more for gasoline, though underlying inflation remained tame as the economy battled a raging COVID-19 pandemic, which has weighed on......

Factbox: Reports into abuses in the Irish Catholic Church

Reuters
DUBLIN (Reuters) – An Irish inquiry into alarming death rates among newborns at church-run homes for unwed mothers will hand down its final report on Tuesday, laying bare one of the Catholic Church’s darkest chapters. There have been a series of reports into allegations of abuse and mistreatment by priests......

European stocks rebound as oil, travel stocks jump

Reuters
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 11, 2021. REUTERS/Staff (Reuters) – European stocks steadied on Tuesday after declining in the last session, as investors looked to the upcoming earnings season and focused on the prospect of larger......

Sensex, Nifty edge higher as TCS earnings boosts IT stocks

Reuters
FILE PHOTO: A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis Mascarenhas BENGALURU (Reuters) – Indian shares opened higher on Monday led by gains in information technology shares after Tata Consultancy Services, the country’s top software exporter, reported......

Reports: Trump giving Belichick Medal of Freedom

ESPN
FOXBOROUGH, Mass. — President Donald Trump plans to award New England Patriots coach Bill Belichick the Presidential Medal of Freedom on Thursday, according to multiple reports. A spokesperson for the Patriots did not respond to a request for comment. The Presidential Medal of Freedom was established by John F. Kennedy......

Brazil real on pause in coming weeks, focus on vaccination progress: Reuters poll

Reuters
FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes BUENOS AIRES (Reuters) – Brazil’s real will likely stay on pause in coming weeks around the mid-point of its recent wide......

Pound climbs against weaker euro, gains seen as temporary

Reuters
LONDON (Reuters) – Sterling gained against a broadly weaker euro on Friday, making up some of the losses it sustained against the common currency as the new year began, though it was still on track to end the week in the red. FILE PHOTO: British Pound Sterling banknotes are seen......

U.S. reports more than 4,000 Covid deaths for first time as outbreak grows worse than ever

CNBC
CNBC – For more and to sign up click here Vice Mayor Alix Desulme, City of North Miami, raises his arm during a prayer for local lives lost to COVID-19 as a memorial to those lost is unveiled at Griffing Park on October 28, 2020 in North Miami, Florida. Joe......

Dollar holds above 2018 lows ahead of U.S. jobs report

Reuters
LONDON (Reuters) – The dollar held above a 2018 low against other major currencies on Friday ahead of fresh U.S. jobs data likely to give clues on the extent of fiscal stimulus needed to prop up the coronavirus-hit economy. FILE PHOTO: U.S. dollars and other world currencies lie in a......

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