Chinese ‘limited edition’ sneakers soar after Xinjiang backlash

© Reuters. FILE PHOTO: A gate of what is officially known as a vocational skills education centre is photographed in Dabancheng BEIJING (Reuters) – Prices of some Chinese limited edition sneakers soared among collectors and speculators following calls for local consumers to boycott global brands that have said they don’t source products or yarn from […]

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Disneyland, other California theme parks get go-ahead for limited reopening April 1

© Reuters. FILE PHOTO: Walt Disney Co’s Disneyland and California Adventure theme parks in Southern California are now closed due to the global outbreak of coronavirus in Anaheim, California LOS ANGELES (Reuters) – California health officials on Friday gave Walt Disney (NYSE:) Co’s Disneyland and other theme parks the go-ahead to reopen at limited capacity […]

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Foxconn chairman says expects ‘limited impact’ from chip shortage on clients

© Reuters. Sign of Foxconn is seen at a glass door inside its office building in Taipei TAIPEI (Reuters) – The chairman of Apple Inc (NASDAQ:) supplier Foxconn said on Saturday he expects his company and its clients will face only “limited impact” from a chip shortage that has rattled the global automotive and semiconductor […]

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India’s budget aiming to revive economy despite limited fiscal headroom

© Reuters. FILE PHOTO: India’s Finance Minister Nirmala Sitharaman holds budget papers as she leaves her office to present the federal budget in the parliament in New Delhi By Manoj Kumar NEW DELHI(Reuters) – India’s finance minister is likely to announce measures including a hike in infrastructure spending and tax cuts to boost the pandemic-hit […]

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Goldman says strengthening Turkish lira may be limited by reserve building

© Reuters. Turkish lira banknotes are seen in this illustration (Reuters) – Goldman Sachs (NYSE:) said its three-month Turkish lira forecast was 7.00 to 7.50 to the dollar and said further strengthening might be constrained by central bank efforts to rebuild reserves. The lira has strengthened since early December when the central bank said it […]

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Yen gains mostly to do with positioning, likely to stay limited – Mizuho

Mizuho says that the yen gains today are mostly to do with positioning with the US on holiday That was also pretty much the case on Friday as the market continues to take cues from then in trading today amid the long weekend in the US. Mizuho says that with earnings releases in focus, alongside […]

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Weak Dollar Is Another Headache for SNB With Limited Repertoire

© Reuters. Weak Dollar Is Another Headache for SNB With Limited Repertoire (Bloomberg) — A weak is the latest headache for the Swiss National Bank, which relies on foreign exchange interventions as a form of quantitative easing due to the small size of its local bond market. While the has long been its primary focus, […]

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EU, Britain making ‘very limited’ progress in talks: Merkel

2/2 © Reuters. FILE PHOTO: German Chancellor Merkel meets Britain’s Prime Minister Johnson at the Chancellery in Berlin 2/2 BERLIN (Reuters) – German Chancellor Angela Merkel said on Wednesday the European Union must prepare for a possible failure of talks with Britain over a new trading relationship. She said talks were to be accelerated in […]

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UK – Intensive care for coronavirus limited to those “reasonably certain” to survive

UK Telegraph on a statement from a major NHS London trust has conceded A department head at Imperial College Healthcare Intensive care for coronavirus patients is now being limited to those “reasonably certain” to survive because so many serious cases require a fortnight on the machines Tele is gated, but if you can access, link  […]

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