Aid to arrive in Tonga as airport opens, phone lines partially restored

Tonga airport reopens after ash cleared from runway Flights AU, NZ with relief supplies en route to Nuku’alofa Telephone contact with Tonga 5 days after blackout UN says 80% of Tonga’s population has been hit hard Tongans fear safe drinking water is running out Jan 20 (Reuters) – Planes carrying much-needed humanitarian supplies from Australia … Read more

S&P 500, Dow up on earnings lift, Nasdaq off session low

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 18, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Check in UnitedHealth rises as fourth-quarter profit beats estimates BofA and Morgan Stanley wrap up bank profits on upbeat … Read more

Wall Street banks eye ‘new normal’ for trading revenue after stellar two years

A street sign, Wall Street, is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/Photo archive Sign up now for FREE unlimited access to Reuters.com Check in NEW YORK, Jan 19 (Reuters) – Wall Street banks expect trading income to settle into a “new … Read more

Thousands in Hong Kong volunteer to adopt hamsters amid COVID-19 fears

HONG KONG, Jan. 19 (Reuters) – Thousands of people in Hong Kong volunteered to adopt unwanted hamsters on Wednesday after a massive government cull order over COVID-19 sparked fears panicked owners would leave their pets behind. Authorities on Tuesday ordered 2,000 hamsters from dozens of pet stores and storage facilities to be culled after tracing … Read more

UK PM Johnson faces growing pressure to resign

Johnson faces a mounting revolt from lawmakers Threshold for leadership challenge may be close Revelations about lockdown parties undermine Johnson Johnson lifts COVID restrictions LONDON, Jan. 19 (Reuters) – British Prime Minister Boris Johnson fought to bolster his premiership on Wednesday amid an uprising from his own lawmakers angry over a string of closed parties … Read more

Airlines scramble to rejig schedules amid U.S. 5G rollout concerns

Jan 19 (Reuters) – Major international airlines rushed to readjust or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that raised security concerns, despite two wireless carriers saying they would delay parts of the rollout. The Federal Aviation Administration (FAA) has warned that potential 5G interference could affect height … Read more

Japan widens COVID-19 curbs as Omicron drives record infections

TOKYO, Jan. 19 (Reuters) – Japan on Wednesday widened its COVID-19 borders to the capital Tokyo and a dozen regions covering half the population as the Omicron variant of the coronavirus caused record new infections. The measures, already in place in three regions, were made official by Prime Minister Fumio Kishida from Friday to February … Read more

Gilead says counterfeit HIV drugs ended up with patients

The logo of pharmaceutical company Gilead Sciences Inc is seen in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com Check in NEW YORK, Jan 18 (Reuters) – Gilead Sciences Inc (GILD.O) said an unauthorized network of drug distributors and suppliers sold more than $250 million worth … Read more

Oil hit 7-year highs as tight supply bites

Benchmarks jump to highest level since October 2014 Tensions in the Middle East and Russia add to supply concerns Some OPEC+ sources say it is possible to get oil at $100/bbl Goldman expects crude inventories to fall to their lowest level since 2000 NEW YORK, Jan 18 (Reuters) – Oil prices rose to their highest … Read more

Goldman profit hit by weaker trading, rising expenses; shares tumble

Jan 18 (Reuters) – Shares of Goldman Sachs Group (GS.N) fell as much as 8% on Tuesday after Wall Street’s top investment bank missed quarterly earnings expectations, hampered by weaker trading earnings and growing expenses. The stock slump put Goldman on track for its worst single-day performance since June 2020, shedding about $10 billion from … Read more