EUROPE

Biden’s climate agenda has a problem: Not enough workers

Jan 11 (Reuters) – U.S. clean energy companies are offering better wages and benefits, bringing in trainers from abroad and considering ideas such as buying roofs and electrical repair shops just to hire their workers as companies try to overcome a labor shortage that threatens to derail President Joe Biden’s climate change agenda. The Cut …

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Powell: Fed needs independence to fight inflation, should avoid social policy

STOCKHOLM, Jan 10 (Reuters) – The Federal Reserve’s independence from political influence is key to its ability to fight inflation, but requires it to stay clear of issues like that climate change that go beyond its mandate established by Congress, Fed Chairman Jerome Powell said on Tuesday. . “Restoring price stability when inflation is high …

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Asian stocks plunge on Fed hawkish remarks; the risk of recession weighs on commodities, oil

HONG KONG, Jan 10 (Reuters) – Asian stocks fell on Tuesday, commodities lost recent gains from reopening China and oil traded lower following hawkish comments from two Reserve officials federal government overnight as investors turned cautious ahead of key inflation data. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) fell 0.17%. “The main theme …

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Asia splits Fed rate bets, China reopening boosts yuan

https://tmsnrt.rs/2zpUAr4 US stock futures rise slightly, Nikkei futures gain Hopes the US CPI report will argue for small Fed hikes Earnings season kicks off Friday with big banks Dollar nurse losses, yuan at highest since mid-August SYDNEY, Jan 9 (Reuters) – Asian stocks rallied on Monday as hopes of less aggressive U.S. rate hikes and …

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Reminder: Nintendo’s Big New Year Sale Ends Soon, Up To 75% Off On Switch eShop (Europe)

Picture: Nintendo update [Sat 7th Jan, 2023 12:00 GMT]: There’s not much longer left in the New Year Sale on the European eShop! You’ve got until tomorrow, 8th Januaryto snap up some bargains for your Switch library. Those of you in North America, don’t fret — you’ve still got a bit longer with your eShop …

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Eisai and Biogen Receive US FDA Approval for Alzheimer’s Drug and Seek Full Approval

Jan 7 (Reuters) – The U.S. Food and Drug Administration on Friday approved Alzheimer’s disease drug lecanemab, developed by Eisai Co Ltd (4523.T) and Biogen Inc (BIIB.O) for patients in the early stages of mind sickness. Eisai and Biogen said on Saturday that the Japanese drugmaker had sought full FDA approval for the drug. The …

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Dollar set to post biggest one-day gain in three months, stocks rally

Global stocks rise slightly The correlation with the dollar is softening The yen takes a breather after the recent rally LONDON, Jan 3 (Reuters) – The dollar headed for its biggest one-day rise in more than three months on Tuesday as stocks rallied in a macro week that could offer guidance on the timing and …

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