Hong Kong has so far refrained from a strict city-wide lockdown like those that China regularly imposes to control the spread of the virus. In early March, Hong Kong reported more than 50,000 new infections in one day. A vast majority of Hong Kong’s COVID-19 deaths have been among those not fully vaccinated, with many […]
TOKYO — Asian shares rose Friday after U.S. Hong Kong’s Hang Seng added nearly 0.2% to 22,941.59, while the Shanghai Composite rose 0.8% to 3,456.39. Earlier in the week, Japan suspended new issuances and distribution of Russian government bonds in Japan, aimed at reducing funding opportunities for Russia. “The market pivot came after the announcement […]
crude rose 43 cents per barrel to $91.94 in electronic trading on the New York Mercantile Exchange. …Read the full story
It will go to the Public Investment Fund, the kingdom’s sovereign wealth fund, which has been Prince Mohammed’s vehicle to invest in everything from Uber to British soccer team Newcastle United. “His Highness added that the transfer of these shares is part of the kingdom’s long-term strategy aimed at supporting the restructuring of the national […]
ASHKELON, Israel — Not too long ago, Ehud Olmert was trying to lead Israel to a historic peace agreement. Olmert is among a group of former Israeli leaders and security chiefs who have found new careers in the country’s tightly controlled medical cannabis industry. “Everything will change dramatically overnight if there will be legalization,” Olmert, […]
Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing. In the five years since California voters approved a broad legal marketplace for marijuana, thousands of greenhouses have sprouted across the state. The cultivator who operates the grow north of Sacramento holds a coveted […]
“This is a typical hegemonic action. China accounted for about 5% of global weapons exports in 2016-20, according to the Stockholm International Peace Research Institute. …Read the full story
The stock market extended its three-week decline and put the benchmark S&P 500 on track for a so-called correction — a drop of 10% or more from its most recent high. But rising prices at supermarkets, car lots and gas stations are raising concerns that consumers will pare back spending to limit the pressure on […]
The Finance Ministry goes to Mario Marcel, whose term as Central Bank president was widely praised by financial analysts. Boric will turn 36 before taking office on March 11 and his cabinet includes at least six ministers under the age of 40, including those who led a wave of protests in 2011 for improved, free […]
Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing. In the five years since California voters approved a broad legal marketplace for marijuana, thousands of greenhouses have sprouted across the state. The cultivator who operates the grow north of Sacramento holds a coveted […]
Under EU rules, the European Commission can reject mergers even outside its borders because they would affect markets in the 27-nation bloc if the companies do business there. “It does not matter where the merging firms are located,” Vestager said. The EU’s move came as the 27-nation bloc is struggling with a natural gas shortage […]
The market weathered a number of challenges along the way. Still, Wall Street got a boost from the Federal Reserve, which kept its key short-term interest rate at near zero all year. government’s consumer price index skyrocketed 6.8% in the 12 months that ended in November — the sharpest such jump since 1982. The rise […]
“The market was oversold, and so it got like a stretched rubber band and we had a sharp snapback today,” said Sam Stovall, chief investment strategist at CFRA. Supply chain shortages and higher raw material costs have been hitting businesses, which have passed the higher costs off to consumers. Rising inflation has also prompted the […]
Augusto Pinochet’s 1973-1990 dictatorship and raise taxes on the “super rich” to expand social services, fight inequality and boost protections of the environment. Kast, who has a history of defending Chile’s past military dictatorship, finished ahead of Boric by two points in the first round of voting last month but failed to secure a majority […]
19, 2016, an Islamist terrorist plowed through a crowd of Christmas market-goers in a large truck, killing 12 people and injuring dozens more in the German capital. In the years since the attack, the German government has faced criticism for its handling of Anis Amri, a rejected asylum-seeker from Tunisia who carried out the attack. […]
The announcement comes as the state’s seven-day rolling average of daily new coronavirus cases has risen over the past two weeks from 1,340.29 on Nov. Health officials said Thursday that they are already concerned about hospital capacity, and the spread of the contagious new omicron variant of the virus could make the situation worse. “It […]
The Office for National Statistics found that the number of workers on payroll rose by a record 257,000 in November to a record 29.4 million. The variant’s emergence over the past couple of weeks has created renewed uncertainty over the economic outlook, raising the specter of renewed job losses as firms respond to lower demand. […]
SACRAMENTO, Calif. The CPUC said the reforms are designed to make the program, known as “net energy metering,” more cost effective and to ensure energy grid operation costs are shared fairly. California now has 1.3 million solar systems on homes, far more than any other state, according to the solar industry. They say more needs […]
