Analysis: Europe’s big payday remains elusive even as inflation surges
Visions of spiralling wage inflation in the euro zone have dominated the talking points of conservative central bankers in recent weeks as they called for a moderation in central bank stimulus.
COVID-19 cases surge 23% in Americas, mostly in North America – health agency
New COVID-19 cases have jumped 23% in the Americas in the last week, mostly in North America where both the United States and Canada are reporting increasing infection rates, the Pan American Health Organization (PAHO) said on Wednesday, warning that the region might be facing a relapse as in Europe.
Apple warns Thai activists “state-sponsored attackers” may have targeted iPhones
Apple Inc issued alert messages on Wednesday to at least six activists and researchers who have been critical of Thailand’s government, warning it believed their iPhones had been targeted by “state-sponsored attackers”, according to activists and the alerts reviewed by Reuters.
Australia Q3 business investment slips, outlook surprisingly resilient
Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly resilient and a rapid recovery is expected now that most restrictions have been lifted.
U.S. Thanksgiving air travel set to be busiest since pandemic began
Airports and commercial airlines across the United States registered one of their busiest days since before the pandemic on Wednesday as millions of Americans traveled to visit loved ones for the Thanksgiving holiday.
U.S. marshals other nations, challenges OPEC+ with release of oil reserves
The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.
Zoom shares fall after results as Wall Street turns cautious on growth
Zoom Video Communications Inc’s (ZM.O) third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year, sending its shares down about 6% on Monday.
U.S. not heading toward COVID lockdown, White House says
The United States does not need to impose a lockdown or shut down its economy to curb the spread of COVID-19 and will rely on other tools, White House COVID-19 response coordinator Jeff Zients said on Monday.
Analysis: Visa’s Amazon spat shows power is shifting to retailers in fee battle
Amazon.com Inc (AMZN.O)’s latest spat with Visa (V.N) shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company.
Barclays raises 2022 oil price view on faster inventory drawdown
Barclays raised its 2022 oil price forecasts on Tuesday as it expects a faster-than-expected inventory drawdown and cautious supply response to offset a modest surplus next year.
