Updated

Canadian employers, facing labor shortage, accommodate the unvaccinated

6 Dec 2021

By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s tight labor market is forcing many companies to offer regular COVID-19 testing over vaccine mandates, while others are reversing previously announced inoculation requirements even as Omicron variant cases rise. Canadian Prime Minister Justin Trudeau’s government adopted one of the strictest inoculation policies in the world for …

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Indian shares fall nearly 2% as IT stocks weigh, Omicron fears loom

6 Dec 2021

BENGALURU (Reuters) -Indian shares closed nearly 2% lower on Monday, hurt by a selloff in information technology (IT) stocks, as increasing cases of the Omicron coronavirus variant spooked investors ahead of the central bank’s decision on interest rates. The blue-chip NSE Nifty 50 index slipped below the 17,000 mark and was down 1.65% at 16,912.25, …

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Analysis-Hopes for Argentina IMF deal grow; but at what cost?

6 Dec 2021

By Rodrigo Campos and Agustin Geist NEW YORK/BUENOS AIRES (Reuters) – Labor activist Alejandro Bodart marched down the Buenos Aires streets two decades ago to protest against the International Monetary Fund, which many then blamed for austerity measures that sharpened Argentina’s worst ever economic crisis. Now Bodart is on the war path again, worried that …

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Britain sees ‘green shoots’ of recovery from trucker crisis

6 Dec 2021

LONDON (Reuters) – Britain still has an acute shortage of heavy goods vehicle (HGV) drivers but the rate at which people are leaving the sector is at least slowing, an industry group said on Monday. Logistics UK, which represents freight and haulage businesses, estimates the country lacks around 120,000 drivers, shortages that have disrupted supply …

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Analysis: UK North Sea’s oil and gas future darkens after Shell’s Cambo exit

6 Dec 2021

By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters. But on Thursday Royal Dutch Shell, Siccar Point’s partner …

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Chinese govt thinktank proposes growth target of above 5% for 2022

6 Dec 2021

BEIJING (Reuters) -China’s top government thinktank on Monday recommended the government set an economic growth target of above 5% for next year as the economy slows due to the persistent COVID-19 cases and high commodity prices. “A target of above 5% leaves a certain room of leeway, which is a relatively prudent call. It would …

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