By Jonnelle Marte and Aleksandra Michalska (Reuters) – Gina Marino quit two jobs last year. In the summer, she left a position at a small social media marketing agency for a bigger firm offering more money and greater responsibility. Three months later, despite liking her colleagues and the company but realizing she lacked passion for…
COPENHAGEN (AP) — The director of the World Health Organization’s Europe office said Thursday the continent is now entering a “plausible endgame” to the pandemic and that the number of coronavirus deaths is starting to plateau. Dr. Hans Kluge said at a media briefing that there is a “singular opportunity” for countries across Europe to…
ANKARA, Turkey (AP) — Turkey’s annual inflation came in at nearly 49% on Thursday, hitting a nearly 20-year high and further eroding people’s ability to buy even basic things like food. The Turkish Statistical Institute said the consumer price index increased by just over 11% in January from the previous month. The yearly increase in…
LILLE, France (AP) — European Union interior ministers on Thursday were debating ways to beef up the 27-nation bloc’s borders, including by erecting walls or fences, and examine yet again how to kick-start desperately needed reforms to the EU’s malfunctioning asylum system. The EU has been mired in a deep political crisis since well over…
STOCKHOLM (AP) — Sweden on Thursday joined other European nations in saying it will remove coronavirus restrictions. “It is time to open Sweden again,” said Prime Minister Magdalena Andersson, announcing the restrictions would be removed from Feb. 9. Among the measures and recommendations that will be lifted, Sweden will allow people to return to restaurants…
FRANKFURT, Germany (AP) — The head of the European Central Bank said record inflation could linger for “longer than expected” and appeared to open the door at least a crack for an interest rate increase this year. Asked twice by journalists Thursday, Christine Lagarde declined to repeat previous comments that a rate hike was “very…
(Reuters) – Nasdaq 100 futures fell nearly 2% on Thursday as Facebook owner Meta Platforms’ disappointing forecast triggered a slump in other social media companies and threatened to upend a nascent recovery in stock markets. Meta tumbled 19.4% in premarket trading, as it posted a decline in global daily active users from the previous quarter…
MOSCOW (AP) — Russian President Vladimir Putin is heading to Beijing amid the soaring tensions over Ukraine on a trip intended to help strengthen Moscow’s ties with China and coordinate their policies in the face of Western pressure. Putin’s talks with Chinese President Xi Jinping on Friday will mark their first in-person meeting since 2019,…
(Corrects story published Jan. 27 to show in paragraph 4 that the gap between three- and six-month yields is at steepest since 2018, not 2015) A look at the day ahead from Sujata Rao. The world’s largest economy is predicted to https://www.reuters.com/world/us/us-economy-likely-regained-steam-q4-2021-growth-seen-best-37-years-2022-01-27record GDP growth at a 37-year high of 5.5%, with data due later on…
TOKYO (AP) — Nintendo’s profit for the nine months through December slipped 2.5%, as shortages of computer chips hurt production, the Japanese video game maker behind the Super Mario and Pokemon franchises said Thursday. Kyoto-based Nintendo Co. recorded a 367 billion yen ($3.2 billion) profit for the period, down from 377 billion yen the previous…
