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…
LONDON (Reuters) – Britain’s competition regulator said on Friday it had fined Facebook-owner Meta 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the U.S. firm said it would accept. Britain’s Competition and Markets Authority (CMA) has taken a tough line with major tech groups in recent years,…
HONG KONG (Reuters) – China Evergrande Group will continue with efforts to sell a plot of undeveloped land in Hong Kong even after the appointment of a receiver by a creditor, a person with direct knowledge of the matter said. The appointment of a receiver will also not have any bearing on the group’s restructuring…
(Corrects 13th paragraph of Feb 3 article to say Elie Girard departed, not that he was ousted) By Mathieu Rosemain and Julien Ponthus PARIS (Reuters) – The French government holds the final keys to any move to buy the BDS cybersecurity division of France’s Atos, industry sources and analysts said, after French defence company Thales…
A look at the day ahead in markets from Sujata Rao. Misfortunes don’t come singly, so the idiom goes, and markets are being whiplashed by a whole slew of negatives, that could see this month turn again into the nightmare that was January. For now, stocks are attempting to claw their way higher, after a…
