Updated

European firms make slow progress in appointing more women to boards

20 Jan 2022

(Reuters) – The proportion of women in leading positions at major European companies rose last year, but fell behind schedule to reach the European Commission’s proposed target of 40% for 2025, a study by an EU-sponsored non-profit organisation showed on Thursday. European Commission President Ursula von der Leyen said earlier this month she would try …

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Florida suspends health official who urged staff to get vaccinated

20 Jan 2022

By Rami Ayyub (Reuters) – A top Florida public health official has been put on administrative leave as officials investigate whether he violated a state ban by emailing employees about their low vaccination rate against COVID-19 and urging them to get shots. Florida Governor Ron DeSantis, a Republican widely believed to be planning a run …

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‘Our work’s not done’ Biden says at one-year mark

20 Jan 2022

By Alexandra Alper and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden acknowledged Americans’ frustration as his first year in office came to an end on Wednesday, but said the United States was on track to meet considerable challenges from the coronavirus pandemic and inflation. “Our work’s not done,” he told a rare solo White House …

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Beijing city raises vigilance as local COVID cases tick higher before Olympics

20 Jan 2022

BEIJING (Reuters) – China’s capital Beijing ramped up efforts to curb COVID-19 infections, ordering checks among cold-chain firms and urging residents to cut unnecessary gatherings, as the city reported an uptick in local cases weeks before the Winter Olympics. Beijing had three domestically transmitted infections with confirmed symptoms on Wednesday, including one previously reported as …

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U.S. airlines report only minor impact from 5G deployment

20 Jan 2022

By David Shepardson WASHINGTON (Reuters) -U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel as the U.S. Federal Aviation Administration (FAA) said it has issued new approvals to allow more low-visibility landings. The increased approvals for Boeing and Airbus planes meant an estimated 62% …

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Indonesia ICDX yet to see tin export permits issued, PT Timah says no delay

20 Jan 2022

By Bernadette Christina JAKARTA (Reuters) – Indonesia’s government has yet to issue permits for miners seeking to export tin in 2022 using the ICDX exchange, an official said on Wednesday, while the country’s other commodities bourse said it was unaware of any delays. The Southeast Asian nation is the world’s second-biggest producer of tin and …

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Two U.S. Marines killed, 17 injured in transport truck rollover

20 Jan 2022

By Steve Gorman (Reuters) -A military truck overturned near Camp Lejeune in North Carolina on Wednesday, killing two U.S. Marines and injuring 17 others, the State Highway Patrol and Marine Corps reported. The driver was cited for excessive speed in the crash. The 7-ton vehicle was traveling too fast for the right-hand turn that the …

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Japan’s Dec exports, imports hit record high by value as supply bottlenecks ease

20 Jan 2022

By Kantaro Komiya TOKYO (Reuters) -Japan’s exports and imports in December hit record highs in terms of their value in yen, data showed on Thursday, as supply bottlenecks eased at the end of 2021 amid rising prices. However, a persistent semiconductor shortage remained a headache for Japanese firms such as automaker Toyota, which slashed its …

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World Bank chief takes swipe at Microsoft’s $69 billion gaming deal as poor countries struggle

20 Jan 2022

By David Lawder WASHINGTON (Reuters) – World Bank President David Malpass on Wednesday criticized Microsoft’s $69 billion takeover of gaming developer Activision Blizzard as a questionable allocation of capital at a time when poor countries are struggling to restructure debts and fight COVID-19 and poverty. Malpass said during a Peterson Institute for International Economics virtual …

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Wall Street sell-off deepens, Nasdaq confirms correction

20 Jan 2022

By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher U.S. Treasury yields and the Federal Reserve tightening monetary policy. …

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