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Younger Chinese are spurning factory jobs that power the economy
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Chinese carmakers target more European sales with five-star EVs
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Irish consumer sentiment dips slightly on tech job losses
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Collapsed FTX owes nearly $3.1 billion to top 50 creditors
Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1
Date: November 18, 2022
(Reuters) -Pfizer Inc and its German partner BioNTech SE said on Friday their Omicron-tailored shot produced higher virus-neutralizing antibodies in older adults against the emerging subvariant BQ.1.1 than its original vaccine. Antibody levels against the variant rose nearly nine-fold in older adults, aged 55 and above, who received the Omicron shot compared to a roughly...
As recession bites, Tesco offers UK staff pay advance
Date: November 18, 2022
By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector employers, is offering its staff advances on their pay in the latest sign of the distress arising from a worsening cost-of-living crisis. Inflation has surged to a 41-year-high, driven up by rising energy bills and double-digit price hikes for food...
Pfizer/BioNTech Omicron shot shows immune response against BQ.1.1 subvariant
Date: November 18, 2022
(Reuters) -Pfizer Inc and its German partner BioNTech SE said on Friday their Omicron-tailored shot produced higher virus-neutralizing antibodies in older adults against the emerging subvariant BQ.1.1 than its original vaccine. Antibody levels against the variant rose nearly 9 times in older adults, aged 55 and above, who received the Omicron shot compared to a...
From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
Date: November 18, 2022
By Nell Mackenzie LONDON (Reuters) – Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say pension schemes are still offloading assets as pressures persist. British defined benefit pension funds were caught up in market turmoil in September caused...
What’s in a name? EU watchdog cracks down on ESG investment funds
Date: November 18, 2022
By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog on Friday proposed strict curbs on how investment funds are sold in the bloc if they tout environmental, social and governance (ESG) credentials to attract cash. ESG funds have grown in popularity in recent years and in the second quarter of this year accounted...
Oil heads for second weekly decline as demand concerns weigh
Date: November 18, 2022
By Alex Lawler LONDON (Reuters) -Oil gave up early gains on Friday and was on track for a second weekly decline, pressured by concern about weakening demand in China and further interest rate rises by the U.S. Federal Reserve. China, which sources say is looking to slow crude imports from some exporters, has seen a...