Sunak pledges more spending as UK emerges from pandemic

UK 2021 GDP +6.5% vs previous forecast +4.0% Credit forecasts lowered by OBR Sunak: getting started with the post-pandemic economy Sunak says government is ready to act on inflation Promise for real spending increase for all departments LONDON, Oct. 27 (Reuters) – Chancellor of the Exchequer Rishi Sunak used a stronger forecast for Britain’s post-lockdown … Read more

Novavax applies for UK authorization for COVID-19 vaccine

A woman holds a vial labeled “Coronavirus COVID-19 Vaccine” and a medical syringe in front of the Novavax logo shown in this image, taken Oct. 30, 2020. REUTERS/Dado Ruvic Oct. 27 (Reuters) – Novavax Inc (NVAX.O) said Wednesday it had completed the real-time submission of an application for the authorization of its COVID-19 vaccine candidate … Read more

US Oil Demand Soars, Tanks Are Emptying in Oklahoma

Crude oil storage tanks can be seen in an aerial view at the Cushing Oil Hub in Cushing, Oklahoma, US Apr. 21, 2020. REUTERS/Drone Base NEW YORK, Oct. 27 (Reuters) – Crude oil tanks in the Cushing, Oklahoma storage and delivery hub for US crude futures are more depleted than in the past three years, … Read more

Vaccinated but fixed: Indians await WHO nod to homegrown shot to travel abroad

Sugathan PR, who received two doses of Bharat Biotech’s domestically developed Covaxin vaccine against the coronavirus disease (COVID-19), gathers vegetables in his vegetable garden in Pandalam village, Kerala, India Oct. 22, 2021. REUTERS/Jose Devasia PANDALAM, India, Oct. 26 (Reuters) – Stuck in a village in southern India for nine months and unable to return to … Read more

Russian COVID cases hit record high as Eastern Europe imposes new curbs

A medical specialist cares for a patient at City Clinical Hospital number 52, where people suffering from the coronavirus disease (COVID-19) are treated, in Moscow, Russia Oct. 21, 2021. REUTERS/Maxim Shemetov/Files Russia reports highest number of daily infections Vaccine skepticism high in Central and Eastern Europe Red Cross warns of massive loss of life in … Read more

HSBC Allays Real Estate Concerns in China with 74% Profits Increase and $2 Billion Buyback

Third Quarter Profit Climbs to $5.4 Billion on Better Loan Outlook Costs reaching $32 billion if inflation bites $2 Billion Share Repurchases Coming Soon HSBC’s Hong Kong Shares Rise to 1.8% to 4-Month High SINGAPORE/LONDON, Oct. 25 (Reuters) – HSBC Holdings (HSBA.L) reported a surprising 74% increase in third-quarter profits as it raised concerns about … Read more

Oil prices extend gains to multi-year highs on tight supply

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, US, March 24, 2016. REUTERS/Nick Oxford WTI Hits Highest Since October 2014, Brent Hits 3-Year High Speculators Increase Net Long Positions in US Crude Oil -CFTC US oil and gas rig numbers fall for first week in 7 – … Read more

Erdogan’s critics say the demand for deportations is a distraction from economic problems

Erdogan is dragging Turkey to the bottom, says the opposition leader Kavala in jail since late 2017 without conviction Turkish lira has lost almost a quarter of its value this year Opinion polls show support for Erdogan falling ahead of the 2023 election ISTANBUL, October 24 (Reuters) – President Tayyip Erdogan’s political opponents said his … Read more

Turkey will ban 10 Western ambassadors, Erdogan said

Turkish President Recep Tayyip Erdogan, 20 October 2021. REUTERS / Afolabi Sotunde Kavala has been in jail since the end of 2017 He denies allegations of role in failed coups and mass protests Rights groups say the case is a symbol of an attack in Turkey ISTANBUL, October 23 (Reuters) – Turkish President Tayyip Erdogan … Read more

Qantas will intensify international flights amid ‘massive demand’ from Australians

All 11,000 vacancies will return in early December To bring back two A380s earlier, three 787s can be added The Sydney-New Delhi route will be launched on 6 December Hoping to add more flights as other state rules ease SYDNEY, October 22 (Reuters) – Qantas Airways Ltd (QAN.AX) said on Friday it would speed up … Read more