Monday, April 18, 2022

Slim losses on Wall Street ahead of busy earnings week

U.S. stocks closed slightly lower on Monday as investors brace for a
busy week of corporate earnings.

And Wall Street reacted to downbeat forecasts from the World Bank.

William Denselow reports from New York.

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US federal judge strikes down national public transportation mask mandate

A federal judge in Florida has struck down the Biden administration's mask mandate on airplanes and other forms of public transportation.

The mandate was recently extended until at least May 3rd.

US Correspondent Ira Spitzer reports.


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Top UN diplomat says Ukraine humanitarian ceasefire not on the horizon

The UN's Emergency Relief Coordinator says humanitarian ceasefires are
not currently on the horizon in Ukraine.

Martin Griffiths says Russia is yet to agree to terms for any pause in
the fighting proposed by the UN.

Sarah Walton reports

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7 dead in Lviv after Russian rocket attack

The authorities in Ukraine say at least 7 people were killed in the western city of Lviv after a Russian rocket attack.


Around a dozen people are believed to have been injured in a city that - for the most part - has escaped Moscow's onslaught so far.


But photo-journalist Paul Conroy in Liviv says all that changed early this morning.


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U.S. federal infrastructure projects have to use domestic construction materials

New rules from the U.S. government are making sure manufacturers of federal projects use domestic construction items such as iron and steel.

It's part of a push to make sure funding from the one trillion dollar bipartisan infrastructure bill sources local products.

Caroline Malone reports from Washington.


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Philadelphia reinstates mask mandate as Covid-19 cases climb in U.S.

Philadelphia is reintroducing a mask mandate due to rising coronavirus
cases in the U.S. city.

Infections are up in more that 30 states fueled by the Covid-19
Omicron sub-variant.

William Denselow reports from New York.

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Delhi Police arrest 21 men in relation to communal riots

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The Delhi police have arrested at least twenty-one men in relation to the communal riots that shook India's capital over the weekend.

Officials say Hindu and Muslim men attacked each other during a religious procession – injuring more than a dozen citizens and at least eight police officers.

Ishan Garg has the latest from New Delhi.

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China's economic growth beats forecasts, but COVID curbs are set to bite

China’s economic growth is outpacing economists’ expectations.

But analysts say a continued Covid outbreak in the country has the potential to cause a major slowdown for the rest of the year. 


Richard Kimber reports from Hong Kong.


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Zelensky calls on Biden to visit Ukraine

Vlodymyr Zelensky says US President Joe Biden should visit Ukraine.
 
In an interview with CNN the Ukrainian leader said it would be a show of support for his country.

Jagruti Dave has more from Washington.

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Sunday, April 17, 2022

Three mass shootings in the US over Easter Weekend

Residents of the US states of Pennsylvania and South Carolina have been left reeling following three mass shootings over the Easter weekend.

This follows a number of gun related incidents last week, including the New York subway shooting which injured 10 people.

Jagruti Dave reports from Washington.

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Friday, April 15, 2022

NY Mayor hails responders to subway attack

New York mayor Eric Adams has honored the city's transit workers.

Earlier this week, a gunman opened fire at a Brooklyn subway
station…injuring dozens.

Gabrielle Fahmy reports.

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Twitter Counters Musk with "Poison Pill" Maneuver

Twitter has launched a counter attack against Elon Musk's plans for a hostile takeover. 

The social media company is making a corporate maneuver commonly called a poison pill. 

Rachel Silverman has that report from San Francisco. 


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Earnings to dominate sentiment in week ahead [PREVIEW]

Traders on Wall Street this week will be focusing on what's set to be
a busy period for corporate earnings.

Quarterly figures from some of the major players in the fields of
finance and tech will be of particular interest.

William Denselow has this preview from New York.

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Musk details desire to buy Twitter

Elon Musk says his plans to buy Twitter is for the good of humanity
rather than about making money.

The Tesla CEO recently acquired a 9.2 percent stake in the company but
has since expressed a desire to buy it all.

William Denselow reports from New York.

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Capitol rioter who blamed Donald Trump faces jail

A man has been found guilty of breaking into the US Capitol building
during the January 6th riot, after blaming Donald Trump for his
actions.

He told the jury he was only following orders.

Sarah Walton reports

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Indian green energy giant Tata Power Renewables raises $525 million

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India's green energy giant Tata Power Renewables has raised half a billion dollars from private equity firm BlackRock and UAE's sovereign wealth fund Mubadala Investment Company.

The investment comes as India's seeking funds to meet its carbon neutrality goals.

Ishan Garg tells more from New Delhi.

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S. Korea lifts social distancing rules

South Korea is lifting all its COVID-19 social distancing rules.

People will still be required to wear face-masks, but from next week all other restrictions will be lifted, for the first time since the pandemic began.

Nora Weinek reports.

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Chinese stocks fall on lack of government stimulus

Chinese stocks are falling amid investor concerns over whether the government has enough firepower to boost the economy from the impact of COVID-19.

Richard Kimber reports from Hong Kong.


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China's Death Rate Data Faces Scrutiny

As the lockdown in Shanghai rages on, China's Covid death rate has come under increasing scrutiny.

In the first six weeks of the country's latest outbreak it's reported close to 400,000 cases.

And yet officially, there've only been two related deaths.

Patrick Fok reports.

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Thursday, April 14, 2022

S&P 500 REPORTS LOSING WEEK

The S&P 500 is reporting a losing week as investors consider mixed earnings results from major banks, and rising inflation. 

Rachel Silverman has the market report, from San Francisco. 



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