UK Charities Urge Energy-Bill Rebate For Low-Income Households
British charities and non-profit organizations are calling on the government to introduce discounted energy bills for low-income households.
Bloomberg Business
Philippines Says 2022 GDP Likely Grew Much Faster Than 6.5%-7.5%
The Philippine economy likely expanded much faster than the government’s target of 6.5% to 7.5% last year and is forecast to grow by around 6.5% this year amid a strong manufacturing sector, stable banking system and record low unemployment, Finance Secretary Benjamin Diokno said.
New Zealand Business Confidence Slumps to Worst Since 1970s
New Zealand business confidence slumped to the lowest since the 1970s in the fourth quarter as the prospect of higher interest rates and weaker demand fuel fears of a sharper-than-expected recession.
Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’
Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the Japanese insurer that bought the famous artwork despite its tainted Nazi-era past, according to a lawsuit filed by the heirs.
Japan Prods US and EU to Regulate Crypto Like Banks
Japan is urging the world’s regulators to treat crypto as strictly as they do banks, adding to the calls for tougher rules following the collapse of Sam Bankman-Fried’s FTX digital-asset exchange.
European Stocks Rise as US Futures Signal Caution: Markets Wrap
A gauge of global equities stalled after its best start to a year in a generation as investors assessed whether the rally has gone too far given the outlook for inflation, growth and earnings. European stocks rose.
California Officials Forecast Dry Weather for Rest of January
California will start to see dry weather conditions for the rest of the month, according to state officials, marking a reprieve from a series of damaging storms that rolled off the Pacific for the past several weeks.
Oil’s Advance Takes Breather as Investors Assess China Reopening
Oil fell for the first time in eight sessions as traders took stock of the outlook for worldwide demand, with China’s reopening delivering a lift while other parts of the global economy slow.
Volkswagen Sees China Market Accelerating After Tough First Quarter
Volkswagen AG expects a recovery in China’s passenger car market growth this year once supply-chain stresses and a wave of Covid infections following the country’s pandemic reopening ease.
Venezuelan Street Protests Return as Inflation Erodes Wages
Venezuela’s public sector workers are mounting the biggest anti-government protests in years as they fall behind in an economy that has embraced the US dollar.
