Month: May 2022
Europe drops mask mandate for flights and airports, loosening Covid rules further
Even pilots have had to wear masks on board. Here, a first officer wears a protective face mask as he conducts preflight checks inside the cockpit on board a passenger aircraft operated by Wizz Air at Liszt Ferenc airport in Budapest, Hungary. Bloomberg | Bloomberg | Getty Images The European Union is set to drop […]
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Every home in America now has a wildfire threat score, and some areas see a 200% jump in risk
Laguna Niguel, California May 11, 2022- Firefighters battle a brush fire at Coronado Pointe in Laguna Niguel Wednesday. Wally Skalij | Los Angeles Times | Getty Images Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing, likely […]
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North Korea’s Kim orders military to ‘stabilize’ drug supply amid Covid outbreak
North Korea acknowledged for the first time last week that it is battling an “explosive” Covid-19 outbreak. In this file photo, employees are seen spraying disinfectant as part of preventative measures against the virus at the Yokjon Department Store in Pyongyang on October 20, 2021. Kim Won Jin | AFP | Getty Images North Korean […]
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Most Asia markets give up gains, China stocks fall after economic numbers disappoint
SINGAPORE — Shares in the Asia-Pacific gave up early gains on Monday, after China reported disappointing economic numbers as a result of Covid restrictions. Tech stocks in Hong Kong surged in before paring some gains following bad news from China on the economic front. The Hang Seng Tech index was up more than 2% at […]
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China’s economic data disappoint in April as Covid controls weigh
The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator factory in Hefei, China, about a five hours’ drive from Shanghai. Xie Chen | Visual China Group | Getty Images BEIJING — […]
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China has been quietly building a blockchain platform. Here’s what we know
China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | Moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, […]
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Goldman Sachs says a new investment cycle is coming — and names the stocks that could win
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store — and the stocks investors should own to cash in. The emerging cycle — post the Covid pandemic — is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank […]
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Want to beat the market volatility? A fund manager explains how
Jordan Cvetanovski of Pella Funds Management names the companies to own in uncertain times, some of which did well during the global financial crisis and Covid. Speaking to CNBC Pro Talks last week, he noted that global headwinds are roiling the stock market — and some sectors are set to benefit. Stock exchanges are one […]
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Stock futures rise ahead of a big week of retail earnings
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers. Futures tied to the Dow Jones Industrial Average rose 89 points, or 0.3%, while S&P 500 […]
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Support for abortion rights hits new high as midterm outlook is grim for Democrats
Abortion rights campaigners participate in a demonstration following the leaked Supreme Court opinion suggesting the possibility of overturning the Roe v. Wade abortion rights decision, in Washington, U.S., May 14, 2022. Amira Karaoud | Reuters WASHINGTON — Support for abortion rights has reached a record high, and nearly two-thirds of Americans oppose the U.S. Supreme […]
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