China’s economy loses momentum as COVID curbs hit factories, consumers

China’s industrial output grows more slowly than expected Retail sales fell for the first time since May Property investment sees biggest drop since early 2020 Economic outlook gloomy on softening external demand BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail … Read more

World making little progress on food waste, a big climate problem

Nov 15 (Reuters) – Every Thursday, California resident Richard Redmond takes a gallon-sized container of food scraps to the farmers market in the city of South Pasadena where it is collected and composted for use in gardens – an effort to reduce the amount of household waste he sends to landfill. “It’s just stunning,” the … Read more

China’s COVID frustrations spark unrest in Guangzhou as cases rise

New cases hit highest since April, cross 5,000 in Guangzhou October retail sales fall, factory output misses targets Guangzhou unrest is the latest outburst of frustration over COVID Cases in capital city Beijing hit record high BEIJING, Nov 15 (Reuters) – Crowds of people in the southern Chinese city of Guangzhou crashed through COVID barriers … Read more

Division at G20 over bid to condemn Russia’s Ukraine invasion

Most G20 members could strongly condemn the Ukraine war Zelenskiy urges G20 to help end war under his plan Indonesia urges action on global economic problems China’s Xi to hold meetings with several other leaders NUSA DUA, Indonesia, Nov 15 (Reuters) – Disagreement emerged at a Group of 20 (G20) summit on Tuesday as the … Read more

China reaffirms zero-COVID stance, city of Guangzhou on edge

China’s top leadership reaffirms commitment to COVID policy Guangzhou residents worry lockdown could be imminent China’s flagship auto show in Beijing canceled for 2022 New bank lending falls sharply BEIJING, Nov 10 (Reuters) – China’s new top leadership body reaffirmed Beijing’s “dynamic-zero” COVID-19 policy on Thursday, as case numbers rose and authorities in the city … Read more

Lula narrowly defeats Bolsonaro to win Brazil presidency again

SAO PAULO, Oct 30 (Reuters) – Luiz Inacio Lula da Silva narrowly defeated President Jair Bolsonaro in a runoff election on Sunday that marked a stunning comeback for the leftist former president and the end of Brazil’s most right-wing government in decades. Brazil’s Supreme Electoral Court declared Lula the next president, with 50.9% of votes … Read more

China’s trade unexpectedly shrinks as COVID curbs, global slowdown jolts 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 lower iPhone shipments as COVID curbs hobble China plant

Apple expects lower shipments of iPhone 14 Pro and Pro Max Apple says a Chinese 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 premium iPhone 14 models than previously anticipated following a significant production cut at … Read more

China to make ‘substantial’ COVID policy changes soon – ex-govt expert

Remarks add to investor optimism on further easing Ex-official says changes likely in next 5-6 months China may shorten quarantine for inbound travelers – sources Health officials set to hold a news conference on Saturday SHANGHAI, Nov 4 (Reuters) – China will make substantial changes to its “dynamic-zero” COVID-19 policy in coming months, a former … Read more

Brittney Griner faces bleak life in Russian penal colony

Griner faces penal colony after losing drugs appeal In the Russian system, inmates are made to work long hours for scant pay Threat of harsh punishment for breaking trivial rules Language barrier makes ordeal even harder for foreigners LONDON, Nov 3, (Reuters) – Tedious manual work, poor hygiene and lack of access to medical care … Read more