Republicans on verge of US House majority in midterm elections

Republicans on verge of US House majority in midterm elections

WASHINGTON, Nov 15 (Reuters) – Republicans on Tuesday were edging closer to majority control of the US House of Representatives, a midterm victory tempered by the unexpectedly narrow margin they will hold over Democrats as they usher in two years of divided government. Republicans so far have won 216 seats in the 435-member chamber, Edison … Read more

Wrangling over Ukraine war dominates summit of G20 major economies

Wrangling over Ukraine war dominates summit of G20 major economies

Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion of Ukraine dominated Tuesday’s Group of 20 summit … Read more

New China COVID rules spur concern as some cities halt routine tests

New China COVID rules spur concern as some cities halt routine tests

Regular COVID testing no longer required in several cities China eased various virus curbs last Friday Communities worried about virus spread under relaxed rules Major cities including Beijing report record cases for Nov 13 BEIJING, Nov 14 (Reuters) – Several Chinese cities began cutting routine community COVID-19 testing on Monday, days after China announced an … Read more

Russia’s Lavrov dismisses report that he was taken to hospital at G20

Russia's Lavrov dismisses report that he was taken to hospital at G20

Lavrov dismisses Associated Press report AP: Lavrov was treated for heart condition Bali governor: Lavrov had checks in hospital, in good health NUSA DUA, Indonesia, Nov 14 (Reuters) – Russian Foreign Minister Sergei Lavrov on Monday dismissed a news agency report that he had been taken to hospital with a heart condition, scolding Western journalists … Read more

US House control hinges on tight races after Democrats take Senate

US House control hinges on tight races after Democrats take Senate

WASHINGTON, Nov 14 (Reuters) – Control of the US House of Representatives hinged on Monday on several tight races that could secure a majority for Republicans following midterm elections that saw President Joe Biden’s Democrats beat expectations and retain the Senate. Republicans were closer to winning the House, having secured 211 seats compared to Democrats’ … Read more

UK economy shrinks at start of feared long recession

UK economy shrinks at start of feared long recession

GDP in Q3 -0.2% q/q vs Reuters poll -0.5% Seven economic output -0.6% m/m vs poll -0.4% GDP in July and August revised up Economists still see UK going into recession Finance minister predicts “tough road ahead” LONDON, Nov 11 (Reuters) – Britain’s economy shrank in the three months to September at the start of … Read more

China’s COVID epicenter shifts to Guangzhou, more lockdowns loom

China's COVID epicenter shifts to Guangzhou, more lockdowns loom

Southern manufacturing hub fighting worst COVID-19 flare-up Cases double in Zhengzhou, production base for Apple supplier Chinese stocks, currency slip over virus fears BEIJING, Nov 8 (Reuters) – New coronavirus cases surged in Guangzhou and other Chinese cities, official data showed on Tuesday, with the global manufacturing hub becoming China’s latest COVID1-9 epicenter and testing … Read more

China’s trade unexpectedly shrinks as COVID curbs, global slowdown jolt demand

China's trade unexpectedly shrinks as COVID curbs, global slowdown jolt demand

China’s Oct exports, imports shrink unexpectedly Frail data further blow to struggling economy Global recession risks, COVID curbs in China darken outlook Analysts expect further weakness in exports and imports BEIJING, Nov 7 (Reuters) – China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as a perfect storm of … Read more

Apple warns of hit to iPhone shipments from China COVID disruption

Apple warns of hit to iPhone shipments from China COVID disruption

Apple expects lower shipments of iPhone 14 Pro and Pro Max Apple says a China plant operating at sharply reduced capacity Apple supplier Foxconn revises down Q4 outlook TAIPEI, Nov 7 (Reuters) – Apple Inc. (AAPL.O) expects lower shipments of high-end iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted … Read more

China vows to continue with ‘dynamic-clearing’ COVID strategy

China vows to continue with 'dynamic-clearing' COVID strategy

BEIJING, Nov 5 (Reuters) – China will persevere with its “dynamic-clearing” approach to COVID-19 cases as soon as they emerge, health officials said on Saturday, adding that measures must be implemented more precisely and meet the needs of vulnerable people. The country’s strict COVID containment approach is still able to control the virus, despite the … Read more