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

COVID travel curbs against Chinese visitors ‘discriminatory’ -state media

COVID travel curbs against Chinese visitors ‘discriminatory’ -state media

U.S., Japan, others require COVID tests from Chinese visitors China state media calls COVID travel curbs “discriminatory” China’s factory activity likely cooled in December -poll BEIJING, Dec 30 (Reuters) – Chinese state-media said COVID-19 testing requirements imposed by several places around the world in response to a surging wave of infections were “discriminatory”, in the … 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

China’s vast countryside in rush to bolster COVID defences

China’s vast countryside in rush to bolster COVID defences

Hospitals, funeral parlours overwhelmed by COVID wave Some countries impose testing rules on Chinese travellers China reports one new COVID death for Dec. 28 SHANGHAI/BEIJING, Dec 29 (Reuters) – China’s sprawling and thinly resourced countryside is racing to beef up medical facilities before hundreds of millions of factory workers return to their families for the … Read more

Twitter back online after global outage hits thousands

Twitter back online after global outage hits thousands

Dec 28 (Reuters) – Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since … 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

Two still missing after Austrian avalanche – APA

Two still missing after Austrian avalanche – APA

Dec 25 (Reuters) – Two people remained unaccounted for after an avalanche in the Lech/Zuers free skiing area in western Austria on Sunday that initially prompted a search for 10 people feared buried, the Austrian Press Agency (APA) reported. The avalanche occurred at about 3 p.m. (1400 GMT), APA said, adding that several helicopters and … Read more