Saturday January 29-th, 2022

China Inflation Lowest Since 2009; PPI Falls At Steady Pace China Inflation Lowest Since 2009; PPI Falls At Steady Pace

By 2 p.m. Tuesday, the average wholesale price of pork, a staple meat in China, went down 0.3 percent to 39.26 yuan (about 5.95 US dollars) per kg, and that of eggs slipped 0.1 percent to 7.82 yuan per kg. Overall food prices climbed 2.2 percent, wit...

Pfizer Covid-19 vaccine ‘90% effective in preventing the disease’ Pfizer Covid-19 vaccine ‘90% effective in preventing the disease’

Securing the safety data will most likely take weeks, he said, "however, it happens at the speed of the science". The COVID-19 vaccine candidate BNT162b2, made by Pfizer and BioNTech , has demonstrated over 90 percent efficacy in its first inter...

Big jump in London unemployment as Covid batters jobs market Big jump in London unemployment as Covid batters jobs market

The figures suggested that even as the wider economy was apparently bouncing back from the pandemic-driven recession at the start of the year, the jobs crisis worsened. . Sunak's critics have said a series of U-turns over employment support polic...

Turkey's New Central Bank Governor To Review Current Situation, Expectations Turkey's New Central Bank Governor To Review Current Situation, Expectations

Last Friday, the lira hit record lows again in trading with the USA dollar and the euro. The rally followed Finance Minister Berat Albayrak's surprise statement on Sunday that he was resigning for health reasons. Sekerbank chief economist Gulay Eli...

Amazon hit with European Union antitrust charges and a new antitrust investigation Amazon hit with European Union antitrust charges and a new antitrust investigation

It also launched a fresh investigation into the possible preferential treatment of sellers that use Amazon's logistics and delivery services. Amazon collects data on businesses that use Marketplace to sell their goods - everything from toilet roll ...

USA grants emergency approval to Lilly Covid-19 antibodies USA grants emergency approval to Lilly Covid-19 antibodies

In the meantime, US pharmaceutical company Eli Lilly & Co. has developed an experimental antibody that could at least help treat patients exhibiting mild symptoms, preventing them from worsening to the point they need hospitalisation. The FDA wro...

Brazil halts trial on Chinese Covid-19 vaccine following adverse event Brazil halts trial on Chinese Covid-19 vaccine following adverse event

There was no immediate response from Sinovac. Last month, Brazil's president Jair Bolsonaro said the central government would not buy CoronaVac. Brazil's health regulator said Monday it had suspended clinical trials of a Chinese-developed Covid-1...

Hyundai Reveals Tucson N Line Teasers, Elantra N Up Next Hyundai Reveals Tucson N Line Teasers, Elantra N Up Next

Shortly after, Hyundai N will add an Elantra N , Tucson N Line , and two mystery models likely to be a Kona N Line and Kona N. They are the Veloster N, the Elantra N and Elantra N Line , and the Sonata N Line . This sporting treatment flows ...

McDonald’s to introduce a meatless burger called McPlant McDonald’s to introduce a meatless burger called McPlant

While other chains have started offering plant-based meat options, including Restaurant Brands International Inc's Burger King , White Castle and Dunkin' Brands Group Inc, a McDonald's contract could be the biggest and would put the plant-based me...

McDonald’s to launch a McPlant vegetarian option McDonald’s to launch a McPlant vegetarian option

The new chicken sandwich will replace an existing sandwich that will be pulled from the menu, Erlinger said, without confirming which product would be cut. In 2019, McDonald's introduced a burger in Canada made with patties from Beyond Meat; a sel...

Turkey's battered currency rises after finance chief resigns Turkey's battered currency rises after finance chief resigns

He served as the minister of energy until he took over the government's top economy position in 2018. "I will spend time with my mother, father, wife and children, whom I have neglected for many years out of necessity and who have never spared me the...

Quebec registers 1,397 new COVID-19 cases, 9 more deaths Quebec registers 1,397 new COVID-19 cases, 9 more deaths

Peel is now the only region in the red category of the province's new COVID-19 restrictions system, meaning indoor capacity at local restaurants and gyms is capped at 10 people, among other things. Of the 37,577 tests processed Sunday, 4.2 per cent w...

Berkshire Hathaway Bought Back $9 Billion Of Stock In Q3 Berkshire Hathaway Bought Back $9 Billion Of Stock In Q3

At the end of the third quarter the conglomerate holding company still had £110.74 billion in cash and short-term investments. The company had posted a US$26.3 billion second-quarter profit, but lost US$49.75 billion in the first quarter.

Pfizer Reports Big News on Early Vaccine Results Pfizer Reports Big News on Early Vaccine Results

The top executive called the result "a first but critical" in the efforts to develop a vaccine against the coronavirus . However, the news provides hope that other Covid-19 vaccines in development may also prove effective. "The data is not yet pub...

First passengers try Hyperloop in Nevada desert First passengers try Hyperloop in Nevada desert

Sara Luchian and Josh Giegel, who have both been heavily involved in developing the technology, were strapped into the new XP-2 vehicle, which Virgin Hyperloop says has been designed with safety and passenger comfort in mind. The test was carried o...

Chancellor Rishi Sunak Extends UK's Furlough Scheme Until March Chancellor Rishi Sunak Extends UK's Furlough Scheme Until March

British finance minister Rishi Sunak will promise to keep the government's COVID-19 bailout schemes in place even after the lockdown ends on December 2, the Sun newspaper reported. The Chancellor and the Bank of England will today announce a new pack...

Netflix is testing old school broadcast TV schedules in France Netflix is testing old school broadcast TV schedules in France

At least initially, the channel will only be available via web browsers with no plans at present to make it accessible via set-top boxes or CTV apps. Netflix has picked France to test its first channel offering. Netflix is estimated to have 9 ...

Joe Biden Projected Winner Of US Presidential Election Joe Biden Projected Winner Of US Presidential Election

CBS News projects Joe Biden has secured enough electoral votes to become the 46th president of the United States, defeating President Trump and capturing the White House after a bitter campaign that exposed deep divides in the country. The lawsuit ...

‘SNL’ Cold Open: Alec Baldwin’s Trump Offers Piano Rendition of ‘Macho Man’ ‘SNL’ Cold Open: Alec Baldwin’s Trump Offers Piano Rendition of ‘Macho Man’

Watch the full post-election Saturday Night Live cold open above. Maya Rudolph also made an appearance as Vice President-elect Kamala Harris . "Can you believe it?" the faux Biden asked the audience. Baldwin's Trump signed off: "This isn't a g...

China exports remain strong in October, import growth slows China exports remain strong in October, import growth slows

Exports in October rose 11.4 per cent over a year earlier to Dollars 237.2 billion, up from September's 9.9 per cent gain, customs data showed Saturday. But this number represents a slight increase from the $ 30.8 billion recorded in the previous mon...

COVID-19 vaccine race to intensify in January 2021: Skoltech expert COVID-19 vaccine race to intensify in January 2021: Skoltech expert

Over 100 vaccines are being developed around the world to tackle the coronavirus pandemic. British drug manufacturer AstraZeneca's developed vaccine is considered a potential candidate against the corona virus. Speaking about the sudden spike in the ...

Commission predicts modest Lux growth in 2021 Commission predicts modest Lux growth in 2021

While the Commission revised the forecast for Romania's GDP to accommodate the lockdown's softer than anticipated impact on the European Union economy, it remains highly concerned about Romania's public finance. Thanks to government short-time work s...

RSA talks value insurer at £7.2bn RSA talks value insurer at £7.2bn

The proposal includes 685 in cash per RSA share, alongside payment by RSA of the announced interim dividend of 8 pence per share. The company has indicated it would likely recommend the offer. fell through, industry sources say. Its CEO is Stephe...

US stocks end best week in months with muted session US stocks end best week in months with muted session

The U.S. economy added 638,000 jobs in October, more than the 530,000 projected. Treasury yields climbed, a sign of improved confidence. This assured the investors of stable business-friendly policies. "There is a sense of urgency coming from the fac...

Bowler to bring classic Land Rover Defender back from the dead Bowler to bring classic Land Rover Defender back from the dead

That and the exact license agreement details are just technical stuff for the lawyers, and it's much more important to note that Bowler is already well underway with the creation of a new-old Defender 110 station wagon for on-road use as part of a ...

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