Thursday, October 28, 2021

Record closes on Wall Street while Amazon misses 3rd quarter expectations

There were record highs on Wall Street as the strong third quarter
earnings season continued on Thursday.

It comes despite disappointing new figures on economic growth.

Sarah Walton reports

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Facebook changes company name to Meta

Facebook has announced it is changing its corporate name to 'Meta' to reflect what it says will be a growing focus on a range of products for the virtual 'metaverse'.

The name change also comes on the heels of the leaks of internal documents by whistleblower Francis Haugen that have portrayed the company in a negative light.

Ira Spitzer has more from San Francisco

Oil execs refute congressional allegations they misled public over climate change

The chief executive of oil giant, ExxonMobil, has said his company "does not spread disinformation regarding climate change″ .


He and other industry leaders are testifying before the US Congress amid accusations their companies misled the public over the role of fossil fuels in global warming.


Kate Fisher reports from Washington


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Biden outlines $1.85tr social care package

US President Joe Biden has announced a re-worked social spending and
climate change bill, totaling almost $2 trillion dollars.

However, it still needs to be voted on, and some within his own party
say they remain against it.

Nick Harper reports from Washington.

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Shah Rukh Khan's son granted bail by Mumbai court

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A Mumbai court has granted bail to Bollywood superstar Shah Rukh Khan's son, Aryan Khan.

The actor's son has been in jail for three weeks following a drugs raid on a cruise ship.

Rebecca Bundhun reports from Mumbai.

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US GDP slows in 2nd quarter

The U.S. economy grew at an annualized pace of two percent in the
third quarter- its slowest rate in over a year.

Analysts blame supply chain bottlenecks and the spread of the Covid-19
delta variant for the sluggish growth.

William Denselow reports from New York.

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Russia COVID-19 cases soar, Moscow enters partial lockdown

Russia has announced a surge in COVID-19 cases to 40,096 infections in the past day. Some 1,159 people have died of the virus in the past 24 hours. Both figures are the highest since the start of the pandmeic. It comes as Moscow and the surrounding region have begun a partial lockdown on Thursday. Julia Chapman reports.

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FRANCE SEIZES BRITISH TRAWLER

One British trawler's been seized and another warned by France, in a row over fishing rights.

France says the vessels were cautioned after checks off Le Havre.

Meanwhile, Downing Street says it'll retaliate if France goes ahead with a threat to impose sanctions on the UK in the escalating dispute.

Simon Conway reports from London.

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India rejects calls for a net zero carbon emission target

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Just days before the COP26 summit, India has rejected calls to set a zero-carbon-emission target.

The world's third-biggest carbon emitter says the path to reach net-zero emissions is more important.

And that setting unrealistic deadlines may do more harm than good. Ishan Garg reports.

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Australia – Taskforce adapting to pandemic inspired drug importation tactics

A multi-agency operation is intercepting hundreds of parcels of week, bringing drugs into Australia.

The Australian Federal Police-led Taskforce Vanguard has made 30 arrests since its inception in July.

Shaun Bindley reports

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COURTESY AIR NEWS MEDIA - AUSTRALIA


U.N. committee adopts Japan's anti-nuke resolution

A UN committee has adopted a Japan-sponsored draft resolution calling for the total elimination of nuclear weapons. The proposal, however, has divided the five permanent members of the UN Security Council.


Phoebe Amoroso reports from Tokyo.


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Hong Kong experts call for BioNTech booster jabs for Sinovac recipients

Hong Kong health experts say people who have received China's Sinovac COVID-19 vaccine should be given booster shots of the BioNTech vaccine instead. 

A panel advising the government says the Chinese vaccine offers less protection, and boosters are needed to reduce the risk of a future virus outbreak. 

Richard Kimber reports from Hong Kong.


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Wednesday, October 27, 2021

UN Security Council president calls for united condemnation of Sudan coup

The President of the United Nations Security Council has called for
the organisation to unite in its condemnation of the coup in Sudan.

The member states are yet to release a joint statement on the situation.

Sarah Walton reports

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Losses on Wall Street as earnings season rally losses steam

A recent rally on Wall Street came to an end Wednesday with the S&P
500 coming off a record close.

This comes despite the release of strong earnings reports from some
major tech firs.

William Denselow reports from New York.

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500 rounds of ammo found on ‘Rust’ movie set, some live rounds suspected

Law enforcement in New Mexico have confirmed that a lead projectile is what killed Halyna Hutchins on the movie set 'Rust'.

In a news conference, the Santa Fe County Sheriff said investigators believed there were other live rounds of ammunition on set, but that it is too early to know if there's enough evidence to press criminal charges.

Toni Waterman has more from Austin, Texas.

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Police: "Rust" set had "500 rounds of ammunition" on it

Prosecutors in New Mexico say they have not ruled out the possibility of criminal charges being filed in connection with the killing of cinematographer Halyna Hutchins on the set of the film "Rust" earlier this month.


The actor Alec Baldwin fired the fatal shot after being handed a gun that he believed did not pose a threat.


But police say they believe there were as many as 500 rounds of ammunition on the set, some of them live rounds.


Sheriff Adam Mendoza says the investigation continues into the projectile that killed the filmmaker.


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Poland subjected to daily fines of €1m over judicial ruling

Poland must pay daily fines of over €1million over controversial reforms to its judiciary. 

The sanctions have been ordered by the European Union's top court. 

The reforms had deepened a row between Poland and the EU over democratic values.

Lucy Hough has more from Brussels. 

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US likens China hypersonic weapons test to "Sputnik moment"

Top US military commander General Mark Milley says China's testing of
a hypersonic weapon is "very concerning".

The Chairman of the Joint Chiefs of Staff also said it was "very
close" to a Sputnik moment, a comparison to the start of the space
race in the 1950s.

Nick Harper reports from Washington.

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NYC mayoral candidates square off in fiery final debate

New York City's two mayoral candidates have squared off in a feisty
final debate.

Democratic nominee Eric Adams is the overwhelming favorite but his
Republican opponent has accused him of being out of touch with regular
New Yorkers.

William Denselow reports.

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UK CHANCELLOR DELIVERS AUTUMN BUDGET

The UK's Chancellor Rishi Sunak has set out his Autumn budget - laying out spending plans for the next 12 months. Mr Sunak told parliament that the economy is recovering quicker than expected - and has pledged investment in a number of areas as a result. Laura Makin-Isherwood has more.


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