As China begins to dismantle ‘zero COVID’ controls, fears about the virus are growing

The largest easing of restrictions since the onset of the pandemic Cities urge citizens to be vigilant Analysts say China is not ready for a surge in cases BEIJING/SHANGHAI (Reuters) – As many Chinese embraced new freedoms on Thursday after the country abandoned key parts of its strict anti-coronavirus regime, there were growing concerns about … Read more

Wall Street closed lower after choppy trading on rising recession fears

Apple drops after Morgan Stanley cut its December shipping target Tesla falls into production loss fears (Reuters) – Wall Street’s major indexes closed broadly lower on Wednesday, after a choppy session in which investors struggled to grasp a clear direction as they weighed how the Federal Reserve’s monetary tightening could feed into US companies. S&P … Read more

Employment opportunities decreased in the United States in October. The job market is still tight

Jobs decreased from 353,000 to 10.3 million in October Third quarter GDP growth revised from 2.6% to 2.9% Consumer, business spending, export account for promotion The goods trade deficit widened by 7.7% in October WASHINGTON (Reuters) – U.S. job opportunities fell in October but remained remarkably high, indicating the labor market remains resilient despite the … Read more

Coronavirus protests escalated in Guangzhou as China’s lockdown anger boiled over

Riot police in hazmat suits crash into protesters The number of protests is estimated at 27-43 in 22 cities across China The largest wave of civil disobedience since 1989’s Tiananmen Covid lockdown and protests hit China’s economy SHANGHAI/BEIJING (Reuters) – People in Guangzhou, China’s manufacturing hub, clashed with white riot police wearing hazmat protective gear … Read more

Ukraine promises to provide shelter for its people with the onset of winter

“Invincible centers” to provide heating, water and the Internet Widespread power outages due to Russia targeting the electricity grid The Group of Seven will soon announce the ceiling for Russian oil prices – an American official Kyiv (Reuters) – Ukraine has promised shelters with heat and water and encouraged its people to conserve energy as … Read more

A harsh winter looms as Russian attacks impede Ukraine’s ability to provide energy

Ukrainians with little or no warming up after the bombing Temperatures in several areas are already below freezing Kherson residents receive an offer to evacuate to safer areas Ukrainian security forces raid the famous Kyiv Monastery Kyiv (Reuters) – Ukraine’s government on Tuesday urged people to conserve energy amid relentless Russian strikes that halved the … Read more

‘Playing with fire’: UN warns team to inspect damage to Ukraine’s nuclear plant

The director of the International Atomic Energy Agency warns: “You are playing with fire!” After the explosions Russia and Ukraine blame each other for the bombing President Zelensky says the eastern region was hit by heavy artillery “The fiercest battles” are in the Donetsk region, says Zelensky LONDON/LVIV, Ukraine (Reuters) – The head of the … Read more

COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

Ukraine may be able to reach the site of a missile explosion – Polish officials

Polish officials said Thursday that Ukraine may gain access to the site in the border region of southeastern Poland where two people were killed by a missile on Tuesday. Warsaw and its Western allies say evidence from the scene indicates that the explosion was caused by a Ukrainian air defense missile that strayed in pursuit … Read more

Amazon has laid off some hardware unit employees as it targets 10,000 cuts

November 16 (Reuters) – Amazon.com Inc (AMZN.O) The company said on Wednesday it had laid off some employees in its hardware group, with a person familiar with the company saying it was still targeting about 10,000 jobs, including in its retail and human resources divisions. The announcement, the first for Amazon since media outlets including … Read more