Italy’s Health Minister Orazio Schillaci confirmed Friday that all samples tested from recent arrivals coming from China are Omicron, further easing concerns of new Covid-19 strains imported from abroad.
The worst year of inflation in euro-zone history probably ended with a touch of respite as the pace of cost increases returned to single digits, economists say.
In a year of contradictions that was the worst for stocks and bonds in more than a decade, the ticket to big gains was volatility. A host of strategies built around it paid off.
(Bloomberg) — European bonds tumbled, extending their worst year on record, as signs of persistent inflation rekindled concern over how much further the central bank will have to raise interest rates.
Democrats on the US House Ways and Means Committee released six years of tax returns for former President Donald Trump.
Chinese lawmakers said Hong Kong courts should get approval from the city’s leader or an oversight committee before an overseas lawyer takes part in national security cases.
China approved Merck & Co.’s Covid-19 antiviral molnupiravir for emergency use as Beijing seeks to expand access to treatments amid a massive wave of infections following its abrupt pivot away from Covid Zero in early December.
(Bloomberg) — Power plants that burn coal and natural gas to produce electricity had significant drops in generation as a winter storm hit the US Southeast, forcing blackouts that left hundreds of thousands in the dark.
A Texas woman admitted embezzling more than $29 million over the past decade from the prominent Dallas family that employed her as a bookkeeper, according to the Department of Justice.
The boom in stock market options shows no sign of let up, as the number of traded US contracts surpassed the 10-billion mark in 2022 for the first time ever, playing a role in the biggest equity rout in over a decade
