Amazon exec says Omicron’s impact on holiday spending uncertain
A senior Amazon.com Inc (AMZN.O) executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now.
Analysis: EU adds more pieces to its ‘elusive’ capital market jigsaw
The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain’s status as Europe’s investment banker.
Analysis: United States, China tussle over Honduras as it weighs Taiwan ties
A pledge by a leading Honduran presidential candidate to embrace China and de-emphasize Taiwan ties if she wins Sunday’s election has prompted diplomatic jostling between Beijing and Washington as each seeks to exert influence on the Central American nation.
EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns
High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.
EXCLUSIVE UAE holds talks with Taliban to run Kabul airport – foreign diplomats
The United Arab Emirates has held talks with the Taliban to run Kabul airport, going up against Gulf rival Qatar in a diplomatic tussle for influence with Afghanistan’s new rulers, according to four sources with knowledge of the matter.
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.
Asian shares on edge as U.S. bond yields rise, oil volatile
Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.
Samsung to pick Taylor, Texas, for its $17 bln chip plant – WSJ
South Korean tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.
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.
Citigroup to create 100 roles in digital asset push
Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday.
