EMERGING MARKETS-Russian central bank set to hike rates

* South African rand worst weekly performer, down 2.3% * Markets see Russian central bank hiking rates by 100 bps * Rouble fares slightly better than EMEA peers July 23 (Reuters) – Most emerging market stocks and currencies headed on Friday for weekly losses on fears that a rise in COVID-19 cases could dent an economic recovery, while Russia’s rouble […]

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Asia subdued by slow vaccinations, eye on factory surveys

SYDNEY (Reuters) – Asian share markets were in a muted mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant.An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018. REUTERS/Jason Lee/FilesA slew of July factory surveys are expected to show only […]

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Masking guidance unchanged as Delta variant sweeps U.S.- CDC director

(Reuters) -The U.S. Centers for Disease Control and Prevention has not revised its masking guidance, even as the Delta variant of the coronavirus sweeps the United States, driving up infections, CDC director Rochelle Walensky said on Thursday.FILE PHOTO: People wait in a line stretching around the Jacob K. Javits Convention Center on midtown Manhattan’s west side, to receive a coronavirus […]

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Exclusive-Spanish-language Hemisphere Media Group explores sale -sources

(Reuters) -Hemisphere Media Group Inc, a U.S. streaming and broadcasting company focused on attracting Hispanic viewers, is exploring options that include a potential sale, according to people familiar with the matter. The sale deliberations come amid a wave of dealmaking in the Spanish-language TV industry. Hemisphere’s bigger rival Univision Communications Inc agreed in April to merge with Grupo Televisa SAB’s […]

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Snap beats user, revenue estimates with highest growth in 4 years

FILE PHOTO: A woman stands in front of the logo of Snap Inc on the floor of the New York Stock Exchange (NYSE) in New York City, NY, U.S. March 2, 2017. REUTERS/Lucas Jackson/File Photo(Reuters) – Snap Inc on Thursday beat analysts’ estimates for both user and quarterly revenue growth and notched the highest growth rates since late 2017, as […]

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UPDATE 1-Brazil's government cuts 2021 budget deficit forecast, report shows

(Adds details on new budget forecasts) BRASILIA, July 22 (Reuters) – Brazil’s government on Thursday cut its 2021 primary budget deficit forecast, based on a bi-monthly revenue and expenditure report which showed an expected jump in tax revenues on the back of stronger economic growth. The Economy Ministry now expects a deficit excluding interest payments of 155.4 billion reais ($30 […]

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CDC advisers consider boosters for immune-compromised Americans

CHICAGO (Reuters) – Advisers to the U.S. Centers for Disease Control and Prevention on Thursday will consider evidence suggesting that a booster dose of COVID-19 vaccines could increase protection among people with compromised immune systems.FILE PHOTO: 12-year-old Justing Concepcion receives a dose of the Pfizer-BioNTech vaccine for the coronavirus disease (COVID-19) from registered nurse Angela Nyarko, during a vaccination event […]

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U.S. judge blocks Arkansas ban on gender-transition treatments for children

(Reuters) – A federal judge on Wednesday barred the state of Arkansas, at least for now, from enforcing a first-in-the-nation law that would ban doctors from providing puberty blockers, cross-sex hormones or gender transition surgeries to minors. U.S. District Judge James Moody issued the temporary injunction in response to a legal challenge filed by the Arkansas chapter of the American […]

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Preparing to bow out, Merkel too busy to think about life after office

BERLIN (Reuters) – Germany’s Angela Merkel made clear on Thursday she would keep working on issues such as climate change till her last day as chancellor but, inscrutable as ever, gave little away about her plans once she leaves office after a September 26 election.German Chancellor Angela Merkel holds her annual summer news conference in Berlin, Germany, July 22, 2021. […]

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