WASHINGTON (AP) — In a surprising burst of hiring, America’s employers added a robust 467,000 jobs last month, a sign of the economy’s resilience in the face of a wave of omicron infections. The government’s report Friday also drastically revised up its estimate of job gains for November and December by a combined 709,000. It…
LONDON (AP) — This was the week British Prime Minister Boris Johnson hoped to get a grip on his government after weeks of scandal. By Friday, he was struggling to hang on after a scathing report on lockdown-breaching parties and the departure of several top aides. Johnson was rocked Thursday by the resignation of his…
By Iain Withers LONDON (Reuters) -The euro was on track on Friday for its best week versus the dollar since the COVID-19 pandemic hit, after a hawkish turn by the European Central Bank (ECB) rippled through markets. Rampant inflation across many global economies has forced central banks to tighten monetary policies that had been dramatically…
THE HAGUE, Netherlands (AP) — Chinese President Xi Jinping has backed Russian counterpart Vladimir Putin in his standoff with the West over Ukraine as the two leaders met before the opening ceremony of the Winter Olympics in Beijing. The leaders used a joint statement to call out what they called a “minority on the world…
VIENNA (AP) — Austria is about to become the first country in Europe to require most adults to get vaccinated against COVID-19, but few other nations appear likely to join it as many turn their attention to loosening restrictions. The mandate for people 18 and over takes effect on Saturday, 2 1/2 months after the…
By Elizabeth Howcroft LONDON (Reuters) – European stock indexes faltered on Friday, despite strong Amazon earnings, while a sell-off in bonds briefly pushed Germany’s 5-year yield positive for the first time in four years after the European Central Bank was more hawkish than expected. Asian equities held firm overnight after better-than-expected earnings from Amazon <AMZN.O>,…
By Julien Ponthus (Reuters) – Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon convinced traders not to give up on a sector weakened by a global monetary tightening cycle and the historic crash of Facebook owner Meta. The company led by chief executive Mark Zuckerberg saw over…
COPENHAGEN, Denmark (AP) — NATO Secretary-General Jens Stoltenberg will become Norway’s next central bank governor, officials said Friday. Stoltenberg’s tenure at NATO ends later this year. Norway’s government announced his appointment at the central bank in a statement and said it hopes he can start in his new role around Dec. 1. “I am grateful…
COLOMBO, Sri Lanka (AP) — Sri Lanka celebrated its Independence Day on Friday with an appeal by the president to the country’s expatriates to send money home as it struggles with the worst economic crisis in decades mainly due to depleted foreign reserves. Sri Lankans are facing shortages of milk powder, cooking gas, kerosene and…
By Gwladys Fouche PARIS (Reuters) – French drugmaker Sanofi said it still expected its COVID-19 vaccine to complete phase 3 trial in the first quarter and reported a rise in fourth-quarter sales and earnings on Friday. The group, which is hoping for a comeback after losing ground in the COVID-19 jab race, also said it…
