Saturday January 29-th, 2022

Stocks edge mostly higher after World Health Organization eases China virus fears Stocks edge mostly higher after World Health Organization eases China virus fears

As of writing, the Dow Jones Industrial Average was down 0.6% on the day while the S&P 500 and the Nasdaq Composite were down 0.57% and 0.43%, respectively. Comcast dropped 3.8 per cent after fourth-quarter profits beat expectations. It warned invest...

China puts 20 million on lockdown after first coronavirus death outside epicentre China puts 20 million on lockdown after first coronavirus death outside epicentre

Similar measures will take effect in nearby Huanggang, a city of more than seven million, as of midnight. In case you have not been following the story of the coronavirus outbreak , here is an outline of the past three weeks of developments, sin...

Trump Puts Europe on Notice Over Trade: 'We Can't Do It Anymore' Trump Puts Europe on Notice Over Trade: 'We Can't Do It Anymore'

President Donald Trump and Chinese Vice Premier Liu He shake hands after signing a U.S. China trade agreement, in the East Room of the White House, Wednesday, Jan. "They have no choice", he said. Trump has long accused Europeans of gaining an unf...

The timing of the Wuhan coronavirus could be a global-health nightmare

Among the confirmed cases, 399 patients are receiving treatment in hospitals, with 71 in severe condition and 24 in critical condition, said Yang Yunyan, vice governor of the province, at a local press conference. The releases of all new movies t...

Brexit bill passes final hurdle, becomes law with Queen’s approval Brexit bill passes final hurdle, becomes law with Queen’s approval

MPs in the House of Commons yesterday overwhelmingly rejected the changes that peers had tried to implement into the Bill in the House of Lords earlier this week. The Lords voted Tuesday to demand that post-Brexit Britain continues to let unaccom...

HS2 costs could rise to £106bn or more, warns government review

Greater Manchester mayor Andy Burnham was highly critical of the suggestion that HS2 might be built to a lower standard in the North. According to a government review, leaked to the Financial Times , the price tag could rise to as much as £106 bil...

GM's Cruise heads down new road with new robotaxi concept GM's Cruise heads down new road with new robotaxi concept

Yet big challenges remain. Describing the vehicle's intelligence as "superhuman", the CEO also claimed the technology is already smart enough to drive itself "across the entire country without incident", although the company is yet to prove this.

German Supermarket Pulls Out Of Australia, Old Le Cornu Site In Limbo German Supermarket Pulls Out Of Australia, Old Le Cornu Site In Limbo

The statement said the decision was not a reflection of the "efforts of our level employees or management" or the support the company has received in Australia. We will actively shape the consolidation of the European retail sector, thus further rein...

IoT-led Telecom Tech Startup Skylo Raises $103 Mn From SoftBank, Others IoT-led Telecom Tech Startup Skylo Raises $103 Mn From SoftBank, Others

This new round was led by Softbank Group (which now involves a complex set of connotations) and includes existing investors DCM and Eric Schmidt's Innovation Endeavors. The company's clientele includes enterprise and government entities in a range of...

First US Case of China Coronavirus Diagnosed First US Case of China Coronavirus Diagnosed

Both the Wuhan virus, known as 2019-nCoV, and SARS belong to the family of coronaviruses , so called due to their crown-like shape. The coronavirus (CoV) is a large family of viruses that causes illnesses ranging from the common cold to acute resp...

Allegations bite into business of 'Africa's richest woman' Allegations bite into business of 'Africa's richest woman'

On Monday, Portuguese authorities said they had started investigating leaked documents concerning dos Santos's business empire, and Portuguese bank Eurobic said it had chose to end commercial relationships with entities she controls. Angola ant...

Will WHO declare coronavirus outbreak public health emergency? Will WHO declare coronavirus outbreak public health emergency?

PHE has upgraded the risk to the United Kingdom population who go to Wuhan from very low to low, the transport secretary said. The new respiratory virus sweeping China is hard to spot, potentially deadly and couldn't have broken out at a worse time...

AOC: Dem Party Is ‘Center-Conservative,’ US Doesn’t Have a ‘Left Party’ AOC: Dem Party Is ‘Center-Conservative,’ US Doesn’t Have a ‘Left Party’

AOC: "The Democratic Party is not a left party". The Democratic Party is not a left party. "If Jeff Bezos wants to be a good person, you turn Amazon into a worker cooperative", she said to cheers. Ocasio-Cortez said billionaires make their mone...

Demonstrators block key B.C. Ferry terminal in support of pipeline protest Demonstrators block key B.C. Ferry terminal in support of pipeline protest

While the protestors haven't been identified, a news release circulating on social media says the group is working "to demand respect for Wet'suwet'en sovereignty", in connection to Coastal GasLink's 670-kilometre pipeline being built from B.C.'s nor...

Payout for Musk as Tesla value tops $100bn Payout for Musk as Tesla value tops $100bn

While Musk's skeptics are dubious that Tesla should be worth more than a carmaker that sold nearly 30 times as many vehicles previous year, Volkswagen's own Herbert Diess isn't so dismissive. Under a compensation plan approved by Telsa's board in 201...

Delta Air Lines thanks employees with bonus worth two months' pay Delta Air Lines thanks employees with bonus worth two months' pay

Delta Airlines has announced that it will pay its employees $1.6 billion (Ksh161billion) in profit-sharing bonuses. Last year, it paid out $1.3 billion, and in 2018 and 2017, it paid out $1.1 billion, according to the OC Register . Imagine someone...

Greta Thunberg Complains That 'Nothing Has Been Done on Climate Change' Greta Thunberg Complains That 'Nothing Has Been Done on Climate Change'

The president told reporters he has a " tremendous relationship" with the World Trade Organisation and promised to "do something that I think will be very dramatic". He also spoke of record low unemployment, stock market gains and millions of people...

Mnuchin: Trade deals boosting USA growth, Boeing 737 MAX a drag Mnuchin: Trade deals boosting USA growth, Boeing 737 MAX a drag

He hinted retaliatory tariffs could be imposed on the UK's vehicle industry if the tax goes ahead. Several European nations are considering taxes on search engines, social media platforms and online marketplaces to compensate for lost revenues, dra...

Hawai'i Health Officials Offer Guidance on Novel Coronavirus Outbreak in China Hawai'i Health Officials Offer Guidance on Novel Coronavirus Outbreak in China

But the country's National Health Commission vice-minister Li Bin said there was evidence that the disease was "mainly transmitted through the respiratory tract". A diagnostic test to detect the virus can cut back on diagnosis time but must take plac...

How The House Made An Impeachment Procedures Debate Also About The Substance How The House Made An Impeachment Procedures Debate Also About The Substance

But on Tuesday, McConnell amended the resolution to allow each side 24 hours for presentation over three session days. The California Democrat claimed repeatedly prior to the finalization of special counsel Robert Mueller's report on Russian in...

House prices continue upwards trend says property website Rightmove House prices continue upwards trend says property website Rightmove

Following the election there was a 15 per cent increase in buyer inquiries compared to a year earlier, Rightmove said. Today's record rise has helped to push the annual rate of increase to 2.7 per cent, which is the highest level since July 2017....

Senate amends impeachment trial rules, defers on witnesses Senate amends impeachment trial rules, defers on witnesses

Susan Collins of ME played a role in attempting to ensure that the rules governing the proceeding mirror as much as possible the Senate's last impeachment trial , that of President Bill Clinton in 1999. Get our Politics Newsletter. "We are ready...

IEA: Green energy shift needs 'deep pockets' of oil and gas industry IEA: Green energy shift needs 'deep pockets' of oil and gas industry

The "deep pockets" of oil and gas (O&G) players could be crucial in accelerating the deployment of renewables, the International Energy Agency (IEA) has said. Birol said a large part of these emissions could be brought down relatively quickly and e...

Subaru sets target to sell only electric vehicles by mid-2030s Subaru sets target to sell only electric vehicles by mid-2030s

Following their renewed partnership with Toyota , Subaru will be leveraging on this to make it happen. First, the automaker will develop a so-called "strong hybrid" vehicle using technologies from Toyota , as reported by Reuters earlier today...

Trump's legal team: Impeachment charges 'allege no crime or violation of law'

The Senate majority leader, Mitch McConnell , released his proposed rules for the trial last night, and the resolution immediately sparked outrage from Democrats , who argued the president's allies were trying to rush to an acquittal. The Democrat...

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