The numbers: American manufacturers in December matched their slowest pace of growth in 11 months as they coped with persistent labor and material shortages and braced for a fresh onslaught from the omicron strain of the coronavirus. A closely followed index of U.S.-based manufacturers dropped to 58.7% in the final month of 2021 compared to […]
Global economy: Asian factories take Omicron risks in stride, for now https://t.co/91bvGVxK5o pic.twitter.com/RnOSfwBXYc— Reuters (@Reuters) January 4, 2022 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may […]
Apple slipped the surly bonds of earthly economics during intraday trading on Monday (Jan. 3), becoming the first U.S. company to achieve a $3 trillion valuation before slipping back down. Just months after the 10th anniversary of Steve Jobs’ death in October 2011, the company he founded, quit, then went back to and made a […]
When showing off China’s economic achievements and using them to denigrate democracy, the Chinese Communist Party (CCP) often has claimed that “Democracy cannot be eaten.” Chinese leader Xi Jinping recently portrayed China’s political system under his rule as a “whole process people’s democracy” — more democratic, the CCP asserted, than any other democracy in the […]
A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 3 (Reuters) – The dollar ticked up against its major rivals as an upbeat market mood on Monday lifted European equities and government bond […]
Data from the website FlightAware shows more than 4,731 flights were canceled globally on Saturday — by far the largest day of cancellations since the meltdown began Christmas Eve. At least 2,739 of the cancellations were within, into or out of the United States. Sunday is generally the busiest travel day of the week, and […]
This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday How closely did you follow the news in 2021? Take our quiz. Hello and welcome to a new year. I am starting 2022 by looking a little further ahead than […]
Government policy towards Covid-19 has come full circle. For now, at least, England has returned to the Swedish way of dealing with the pandemic. Tough, officially imposed lockdowns are out. Trusting the people to do the sensible thing is back in. Whether this approach will survive the expected surge in hospitalisations from Christmas and New […]
Industrial production in Japan climbed by the most on record, while South Korea’s factory output advanced solidly — signs manufacturing is gathering pace as supply-chain woes ease. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Asia BloombergJapan’s industrial production jumped by a record […]
Vice President Dr. Mahamudu Bawumia in church with his family Vice President Dr. Mahamudu Bawumia says the negative impact of Covid-19 on the world’s economy has been worse since 1930. This, he noted, among other things, has led to the escalating food prices the world over. He said Ghanaians must however be grateful to God […]
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