By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood’s ARK Innovation ETF tumbled more than 7% and hit its lowest level since November 2020 on Friday as bets on a more aggressive Federal Reserve pushed investors to sell the high-growth, high-valuation stocks that rallied during the early stages of the pandemic. The …
Cathie Wood’s ARK Innovation fund hits 13-month low in tech selloff Read More »
By Jason Lange WASHINGTON (Reuters) – A bipartisan think tank warned on Friday the U.S. government could start missing payments on its bills as soon as Dec. 21 if Congress fails to raise the debt limit, as top Democrats and Republicans sought a path around such a financial calamity. The Bipartisan Policy Center’s projection, based …
U.S. government could miss payments as soon as Dec. 21 – think tank Read More »
LONDON (Reuters) -Health officials in Britain said on Friday they were investigating a rise this week in the number of COVID-19 tests results that have a trait that is associated with the newly identified Omicron coronavirus variant of concern. One of Omicron’s mutations produces S-gene target failure (SGTF) in about half the PCR tests in …
UK officials say investigating possible increase in Omicron cases this week Read More »
By Ahmed Aboulenein and Jeff Mason WASHINGTON (Reuters) -COVID-19 vaccine makers have contingency plans to deal with the Omicron variant that include a combination vaccine against the original version and the variant as well as a variant-specific booster dose, a top U.S. health official said on Friday. The U.S. government is working with Moderna, Pfizer, …
Vaccine makers could make Omicron-specific booster, says Fauci Read More »
By David Lawder and Andrea Shalal (Reuters) -Vietnam and Taiwan again exceeded the U.S. Treasury’s thresholds for possible currency manipulation and enhanced analysis under a 2015 trade law, but the department on Friday refrained from formally branding them as manipulators. Switzerland also narrowly escaped triggering all three manipulation criteria in the Treasury’s latest semi-annual currency …
Vietnam, Taiwan exceed U.S. Treasury currency thresholds, but no manipulator labels Read More »
THE HAGUE (Reuters) -Dutch authorities on Friday arrested around 50 protesters who breached security around the building of the Organisation for the Prohibition of Chemical Weapons (OPCW) in The Hague, local police said. “Protesters stormed the (OPCW) building and we immediately decided to act”, The Hague police spokesman Dick Goijert told Reuters. “All protesters on …
Dutch police arrest protesters who breached OPCW building’s security Read More »
LONDON (Reuters) – All members of Yorkshire’s coaching team have left, including director of cricket Martyn Moxon and coach Andrew Gale, the club said on Friday as it vowed to regain trust and rebuild after being rocked by allegations of institutional racism. First team coach and former captain Gale was suspended last month as part …
Cricket-Yorkshire say all members of coaching team have left the club Read More »
VIENTIANE (Reuters) – A $6 billion high-speed rail line connecting China with its Southeast Asian neighbour Laos opened on Friday, a milestone in Beijing’s ambitious Belt and Road infrastructure plans. Chinese President Xi Jinping and Lao counterpart Thongloun Sisoulith attended a virtual ceremony to mark the maiden voyages on the line, which stretches from the …
China and Laos open $6 billion high-speed rail link Read More »
PARIS (Reuters) -French biotech firm Valneva said on Friday no conclusions should be drawn on the effectiveness of its COVID-19 vaccine by a British study, which found it was the only shot out of seven that offered no immunity boost when given to people previously immunized with Pfizer’s vaccine. Shares in Valneva fell by up …
Valneva says no conclusions should be drawn on its vaccine from UK booster study Read More »
By Paul Lienert (Reuters) – Ford Motor Co expects to be the world’s second largest electric vehicle manufacturer within two years, with annual production capacity of nearly 600,000, a top company executive said Friday. The automaker’s optimism stems from increasing demand for its next new EV, the Ford F-150 Lightning pickup, with retail reservations approaching …
Ford aims to be world’s #2 electric vehicle maker within two years – COO Read More »
