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Dollar hits one-week high vs yen, drops against pound as UK markets reopen
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Amazon planning standalone app for sports content – The Information
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Oil drops 2% in light trading on China demand concern
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Russian rouble slumps again as volatile year-end trade continues
Global shares muted as investors fret over China reopening
Date: December 28, 2022
By Naomi Rovnick and Ankur Banerjee SINGAPORE, LONDON (Reuters) -Global equities traded sideways on Wednesday after enthusiasm about China lifting COVID restrictions was tempered by rising infections and investors’ gloomy outlook for Western economies. MSCI’s broadest index of global stocks was flat as investors stayed on the sidelines at the end of a brutal year...
China-exposed miners, banks push UK’s FTSE 100 higher
Date: December 28, 2022
By Johann M Cherian (Reuters) -UK’s export-focused FTSE 100 advanced on Wednesday, led by banks and miners, as top metals’ consumer China took additional measures to reopen the economy. The large-cap FTSE 100 rose 0.7%, while the mid-cap FTSE 250 <.FTMC> added 0.2%, as of 0941 GMT. Miners climbed 1.2%, tracking copper prices that rose...
Factbox-Former pope Benedict, his papacy and resignation
Date: December 28, 2022
VATICAN CITY (Reuters) – Former pope Benedict, who Pope Francis said on Wednesday was “very sick”, resigned in 2013, the first pontiff in 600 years to take such a step rather than rule for life. Here are some facts about 95-year-old Benedict and his papacy. – Benedict, the first German pope in 1,000 years, was...
Pizza firm DP Eurasia considers divestment of Russian business
Date: December 28, 2022
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, said on Wednesday it was considering options for its Russian operations, including a divestment. It added the work on a potential transaction was ongoing and there could be no certainty as to the outcome. “DP Eurasia is evaluating its presence in...
Slipping over Mexico border, migrants get the jump on U.S. court ruling
Date: December 28, 2022
By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Even before the U.S. Supreme Court on Tuesday opted to keep in place a measure aimed at deterring illegal border crossings, hundreds of migrants in northern Mexico were taking matters into their own hands to slip into the United States. The contentious...
Asian shares muted as investors fret over China reopening
Date: December 28, 2022
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investors looked for direction after China took further steps towards reopening its COVID-battered economy, with worries over an economic slowdown weighing on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.12%, having slid...