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July 26, 2021

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Stocks hit by China clampdown ahead of earnings-packed week

Reuters
European shares fall, Asian stocks at 2021 lows Bitcoin jumps on short covering, Amazon speculation Govt bond yields post sizeable drop Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn Graphic: World FX rates http://tmsnrt.rs/2egbfVh LONDON, July 26 (Reuters) – Stock markets fell on Monday as concerns over tighter regulations in China mounted amid......

With $4 billion in losses, Heathrow tells UK: open up travel

Reuters
LONDON, July 26 (Reuters) – London’s Heathrow Airport urged Britain on Monday to open up travel to vaccinated passengers after its recovery fell behind Europe, pushing its cumulative pandemic losses to $4 billion. Heathrow, which before the pandemic was the busiest airport in Europe, said that fewer than four million......

Extreme weather renews focus on climate change as scientists update forecasts

Reuters
July 26 (Reuters) – As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just the last few weeks has been......

Shooting-Hancock and English win skeet golds for USA

Reuters
TOKYO, July 26 (Reuters) – American shooter Vincent Hancock won the men’s Olympic skeet gold for the third time in the Tokyo Games on Monday. Hancock, who had won in Beijing (2008) and London (2012), finished ahead of Jesper Hansen of Denmark, who settled for the silver, while the bronze......

Skateboarding-Golden generation: Japan’s Nishiya leads teen skater medal rush

Reuters
At 13, Momiji Nishiya becomes Japan’s youngest gold medallist Rayssa Leal, also 13, claims silver for Brazil Bronze goes to Japan’s Funa Nakayama, aged 16 2nd Japan skate gold after Yuto Horigome won men’s street event TOKYO, July 26 (Reuters) – Japanese 13-year-old Momiji Nishiya clinched the Olympic title in......

Oil falls $1/bbl as coronavirus, floods threaten demand

Reuters
U.S. oil rigs rise to highest since April 2020 – Baker Hughes Money managers cut net long U.S. crude futures last week – CFTC SINGAPORE, July 26 (Reuters) – Oil prices fell nearly $1 on Monday as concerns about fuel demand from the spread of COVID-19 variants, as well as......

Southeast Asia COVID-19 cases hit new highs, Malaysian doctors protest

Reuters
KUALA LUMPUR, July 26 (Reuters) – Thailand reported a record number of coronavirus cases on Monday, while Malaysia has notched up more than 1 million infections, as the virulent Delta variant carves a deadly path through Southeast Asia – now a global epicentre for the virus. Thailand had 15,376 new......

China says U.S. is the ‘inventor of coercive diplomacy’ -foreign ministry

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang BEIJING, July 26 (Reuters) – The United States is the “inventor of coercive diplomacy”, China’s vice foreign minister Xie Feng told U.S. Deputy Secretary of State Wendy Sherman on Monday,......

Australian wealth manager AMP to revamp financial advice model

Reuters
The head office building of AMP Ltd, Australia’s biggest retail wealth manager, is seen in central Sydney, Australia, October 28, 2016. REUTERS/David Gray/File Photo July 26 (Reuters) – Australia’s AMP Ltd (AMP.AX) said on Monday it would move to a new form of financial advice model for clients, marking a......

China’s private education firms brace for hit from new rules, shares tumble

Reuters
People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas Peter HONG KONG, July 26 (Reuters) – China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures......

Australia’s Lynas posts record revenue on robust demand, shares hit 8-year high

Reuters
A truck carrying rare earth travels towards Lynas Corp’s Mount Weld processing plant, northeast of Perth, in Western Australia, August 23, 2019. Picture taken August 23. REUTERS/Melanie Burton Lynas reports record quarterly revenue in Q4 Q4 NdPr production up 79.7% from a year ago Softer prices in qtr due to......

U.S. House Speaker Pelosi names Republican Kinzinger to Jan. 6 panel

Reuters
WASHINGTON, July 25 (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi on Sunday formally named Republican Representative Adam Kinzinger to serve on a select committee investigating the Jan. 6 attack on the U.S. Capitol by supporters of then-President Donald Trump. Kinzinger, Pelosi said in a statement, “brings great patriotism......

Republican lawmaker says public transit dispute holding up U.S. infrastructure bill

Reuters
Commuters wait for the Chicago Transit Authority Blue line train at the Damen Avenue stop in Chicago, Illinois, U.S. March 16, 2020. REUTERS/Joshua Lott/File Photo WASHINGTON, July 25 (Reuters) – The lead U.S. Republican negotiator on an infrastructure plan said on Sunday he hoped for a detailed agreement sometime this......

U.S. to stress need for ‘guardrails’ in Sherman’s talks in China

Reuters
WASHINGTON/BEIJING, July 24 (Reuters) – U.S. Deputy Secretary of State Wendy Sherman will tell China in upcoming talks that while Washington welcomes competition, there needs to be a level playing field and guardrails to ensure ties do not veer into conflict, U.S. officials said on Saturday. The senior officials, briefing......

Sydney to get extra vaccines as COVID cases mount

Reuters
A lone passenger sits at a tram stop on a mostly-empty city centre street on the first day of a lockdown as the state of Victoria looks to curb the spread of a coronavirus disease (COVID-19) outbreak in Melbourne, Australia, July 16, 2021. REUTERS/Sandra Sanders/File Photo New South Wales reports......

French citizen among six held over plan to kill Madagascar president -minister

Reuters
ANTANANARIVO, July 23 (Reuters) – A French citizen is among six people arrested on suspicion of involvement in a plot to kill Madagascar’s president, the Indian Ocean island’s public security minister said, and a second official said the president’s security had been tightened. “One of the arrested people is French,......

Ethiopian parents appeal for help to evacuate students stranded by Tigray war

Reuters
ADDIS ABABA, July 23 (Reuters) – The parents of thousands of Ethiopian students stranded in the war-ravaged northern region of Tigray on Friday appealed for help to evacuate them after the main university warned it could not feed them for much longer amid food and cash shortages. Mekelle University, which......

U.S. appeals court lifts CDC cruise ship restrictions in win for Florida

Reuters
WASHINGTON, July 23 (Reuters) – A federal appeals court late on Friday reversed course and let stand a lower court order prohibiting the U.S. Centers for Disease Control and Prevention (CDC) from enforcing coronavirus-related cruise ship rules in Florida. The decision is a win for Florida that had filed a......

Explainer: Indonesia, Asia’s COVID-19 epicentre, considers relaxing curbs

Reuters
July 23 (Reuters) – Indonesia is suffering a devastating wave of coronavirus infections, driven by the Delta variant, but the government is already talking about relaxing social curbs enacted earlier this month – a move analysts say is largely led by economic considerations. The impact of the outbreak has been......

Fire department ends search of collapsed Florida condo for remains

Reuters
July 23 (Reuters) – The Miami-Dade County fire and rescue department on Friday declared an end to its search for human remains in the rubble of a Florida condominium tower that collapsed on June 24, killing at least 97 people. Authorities said one victim was still believed to be unaccounted......

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