The United States on Friday said it had revoked a last-minute effort by the Trump Administration to loosen safety regulations for the oil industry in the Arctic Ocean off Alaska.The rule, which was proposed in December of last year, would have revised a suite of Obama-era rules crafted to improve safety in the extreme conditions…
The New York Stock Exchange will allow more traders to return to its 11 Wall Street trading floor, based on vaccination rates, and ease restrictions for people who have had a shot, its President Stacey Cunningham said on Friday.The NYSE, which is owned by Intercontinental Exchange Inc (ICE.N), said trading firms with 100% of their…
© Reuters. FILE PHOTO: The Treasury Department is pictured in Washington, U.S., April 25, 2021. REUTERS/Al Drago By Dan Burns (Reuters) – A bruising bond market sell-off earlier this year appears to remain high on the minds of Federal Reserve officials, who in a report on Thursday singled out the event as illustrative of continuing…
© Reuters. FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes By Jamie McGeever BRASILIA (Reuters) – Brazil’s real surged on Thursday to close at its highest in almost four months against the dollar, a…
Demand for Pfizer’s Covid vaccine could bolster its revenues for years, the US drugs giant has said.Pfizer said it was expecting “durable demand” for the vaccine, in a similar way to flu vaccines.In the first three months of 2021, the vaccine generated revenues of $3.5bn (£2.5bn) as governments scrambled to try to contain the pandemic.Revenue…
The region around Varanasi, one of the holiest cities in the world for Hindus, is among the worst affected by the second wave of coronavirus sweeping India.Many angry citizens of the region, in the northern state of Uttar Pradesh, are now asking where their MP, Narendra Modi – India’s prime minister – is in their…
Health Minister Jens Spahn on Friday defended another U-turn by Germany on the AstraZeneca (AZN.L) vaccine, saying making it available to all adults who want it would protect more people against COVID-19 more quickly.Spahn announced late on Thursday that Germany would make AstraZeneca available to all adults, subject to consulting a doctor, and allow people…
Share to FacebookShare to TwitterShare to Linkedin Amazon’s surging stock has made the world’s richest person even richer. Mark Ralston/AFP via Getty Images The world’s richest person, Jeff Bezos, is once again worth more than $200 billion, as shares of Amazon AMZN rose in anticipation of the company’s first quarter earnings report later this week.…
3/3 © Reuters. FILE PHOTO: A man walks in a flooded field after Hurricane Delta, in Lake Charles, Louisiana, U.S., October 10, 2020. REUTERS/Marco Bello/File Photo 2/3 By Trevor Hunnicutt LAKE CHARLES, La. (Reuters) -U.S. President Joe Biden said a corporate tax rate between 25% and 28% could help pay for badly needed infrastructure, suggesting…
Indian Prime Minister Narendra Modi’s party has failed to win a key state in elections held amid record Covid-19 deaths and cases.The BJP targeted West Bengal heavily during campaigning but the state was comfortably held by the incumbent, Mamata Banerjee, a fierce Modi critic.Her win came as a surprise to political observers, who noted how…
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