Exclusive: ECB union says staff losing faith in leadership over inflation, pay

Exclusive: ECB union says staff losing faith in leadership over inflation, pay

40% of ECB staff has low or no trust Two-thirds say confidence is damaged 63% worried about ECB’s ability to protect purchasing power FRANKFURT, Jan 18 (Reuters) – (This Jan. 17 story has been corrected to restore the dropped words in paragraph 11) European Central Bank staff are losing confidence in the institution’s leadership following … Read more

TSMC starts volume production of most advanced chips in Taiwan

TSMC starts volume production of most advanced chips in Taiwan

TAINAN, Taiwan, Dec 29 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)(2330.TW), began mass production of its most advanced chips in southern Taiwan on Thursday and the company’s chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the … Read more

5 famous international brands opening their first location in Toronto next year

5 famous international brands opening their first location in Toronto next year

There are big things in store for Toronto in 2023, including a bunch of new international restaurants that are slated to open shop in the city within the next 12 months. Whether you’re a steakhouse aficionado, ramen nut or just an enjoyer of new places, these restaurants will definitely please even the pickiest diner. Here are … Read more

Ship insurers to cancel war cover for Russia, Ukraine from Jan 1

Ship insurers to cancel war cover for Russia, Ukraine from Jan 1

LONDON, Dec 28 (Reuters) – Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance clients on Jan. 1, giving them the first opportunity to … Read more

Chinese hospitals, funeral homes ‘extremely busy’ as COVID spreads unchecked

Chinese hospitals, funeral homes ‘extremely busy’ as COVID spreads unchecked

Hospitals, funeral parlours report surge in COVID infections China reports three new COVID deaths for Tuesday Some countries consider travel rules for Chinese visitors CHENGDU, Dec 28 (Reuters) – Chinese hospitals and funeral homes were under intense pressure on Wednesday as a surging COVID-19 wave drained resources, while the scale of the outbreak and doubts … Read more

Chinese make travel plans as Beijing dismantles zero-COVID rules

Chinese make travel plans as Beijing dismantles zero-COVID rules

China to ease border restrictions from Jan. 8 Online searches for flights spike – travel platforms COVID wave overwhelms hospitals, weighs on economy BEIJING, Dec 27 (Reuters) – Chinese people, cut off from the rest of the world for three years by stringent COVID-19 curbs, flocked to travel sites on Tuesday ahead of borders reopening … Read more

Beijing, Shanghai residents back to work as China limps towards living with COVID

Beijing, Shanghai residents back to work as China limps towards living with COVID

Life limping back to normal in Shanghai, Beijing Cities across China report large numbers of infections China reports no COVID deaths for 6th consecutive day BEIJING/SHANGHAI, Dec 26 (Reuters) – Mask-wearing Beijing and Shanghai commuters crowded subway trains on Monday, with China’s two biggest cities edging closer to living with COVID-19, as millions have been … Read more

De León: Some LA Council colleagues have reached out | News

De León: Some LA Council colleagues have reached out | News

LOS ANGELES — Facing a recall effort and continued calls to resign from his colleagues on the Los Angeles City Council and beyond, embattled Councilman Kevin de León remained defiant, Friday, in a radio interview, claiming to have friends on the Council who have reached out to him. De León has been under fire, since … Read more

China’s stretched health system braces for peak in COVID infections

China’s stretched health system braces for peak in COVID infections

COVID infections may peak next week – Chinese health official China reports no new COVID deaths for 3rd day China still ill-prepared for major outbreak – experts BEIJING/SHANGHAI, Dec 23 (Reuters) – China is expecting a peak in COVID-19 infections within a week, a health official said, with authorities predicting extra strain on the country’s … Read more

Tesla sends Shanghai boss and aides to jumpstart US output

Tesla sends Shanghai boss and aides to jumpstart US output

SHANGHAI/SAN FRANCISCO, Dec 21 (Reuters) – Tesla Inc’s (TSLA.O) China chief Tom Zhu and a team of his reports have been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when Chief Executive Elon Musk has been distracted by … Read more