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Image for Stocks advance, U.S. dollar retreats as China drops quarantine rule

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Stocks advance, U.S. dollar retreats as China drops quarantine rule

Image for Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

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Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

Image for Russia could hike rates in 2023 if inflation risks have big impact -cenbank

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Russia could hike rates in 2023 if inflation risks have big impact -cenbank

Image for Russia’s Sberbank urges Glencore to resolve dispute over oil bill

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Russia’s Sberbank urges Glencore to resolve dispute over oil bill

Image for Cricket-Not enough attention paid to international schedule – Stokes

Cricket-Not enough attention paid to international schedule – Stokes

Date: December 27, 2022

(Reuters) – England test captain Ben Stokes has raised concerns over the scheduling of international cricket, saying the authorities do not give the matter enough thought. Stokes highlighted England’s three-match one-day international series in Australia in November, which started four days after they won the Twenty20 World Cup. He described it as a “series which...

Image for Dutch governor Knot signals ECB will keep raising rates in months ahead- FT

Dutch governor Knot signals ECB will keep raising rates in months ahead- FT

Date: December 26, 2022

(Reuters) – Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achieve “quite a decent pace of tightening” through half percentage point rises before borrowing costs eventually peaked by the summer, the Financial Times reported on Monday. “The risk of us doing too little...

Image for Battery swapping spurs Kenya’s electric motorbike drive

Battery swapping spurs Kenya’s electric motorbike drive

Date: December 26, 2022

By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around Kenya’s capital Nairobi, allowing electric motorcyclists to exchange their low battery for a fully-charged one. It is a sign of an electric motorcyle revolution starting to unfold in Kenya where combustion-engine motorbikes are a cheaper...

Image for Japan insurers in talks with reinsurers to resume coverage in Russian waters

Japan insurers in talks with reinsurers to resume coverage in Russian waters

Date: December 26, 2022

TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month are in talks with reinsurers to resume those operations, they said on Monday. Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance on Friday told shipowners...

Image for ‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’

‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’

Date: December 26, 2022

By Martin Quin Pollard BEIJING (Reuters) – In more than three decades of emergency medicine, Beijing-based doctor Howard Bernstein said, he has never seen anything like this. Patients are arriving at his hospital in ever-increasing numbers; almost all are elderly and many are very unwell with COVID and pneumonia symptoms, he said. Bernstein’s account reflects...

Image for Toyota’s Nov global vehicle production rises 1.5% to record 833,104

Toyota’s Nov global vehicle production rises 1.5% to record 833,104

Date: December 26, 2022

TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high of 566,930 for the month. Global sales and production in November exceeded last year’s levels due...