Back to the '70s as Fed fuels boom and hopes for no Burns marks

WASHINGTON (Reuters) – Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a blow-out number that sets the stage for an historic experiment by U.S. central bank policymakers.FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan […]

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India's coronavirus infections rise by highest in three months

Slideshow ( 2 images )BENGALURU (Reuters) – India’s daily coronavirus infections jumped by 28,903 on Wednesday, data from the health ministry showed, for the highest increase since Dec. 13 and taking the nationwide tally to 11.44 million. Deaths swelled by 188, the highest figure in two months, to stand at 159,044. India has the world’s highest tally of infections after […]

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U.S. general says North Korea might flight test new ICBM design 'in the near future'

WASHINGTON (Reuters) – North Korea might begin flight testing an improved design for its inter-continental ballistic missiles “in the near future,” the head of the U.S. military’s Northern Command said on Tuesday, a move that would sharply increase tensions between Pyongyang and Washington.FILE PHOTO: North Korea’s leader Kim Jong Un addresses the first short course for chief secretaries of the […]

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UK health minister says AstraZeneca COVID-19 vaccine remains safe

FILE PHOTO: British Health Secretary Matt Hancock leaves Downing Street in London, Britain, March 10, 2021. REUTERS/John SibleyLONDON (Reuters) – British health minister Matt Hancock said on Tuesday the COVID-19 vaccine produced by AstraZeneca remained safe and urged people to get vaccinated when they are invited to by the country’s health service. “We know that the Oxford/AstraZeneca vaccine is saving […]

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G4S saga ends as shareholders accept $5.3 billion Allied Universal offer

(Reuters) – The G4S takeover saga finally came to an end on Tuesday after a majority of the security company’s shareholders accepted a 3.8 billion pound ($5.28 billion) offer from U.S. rival Allied Universal, snubbing hostile Canadian bidder GardaWorld.FILE PHOTO: A G4S security van is seen parked outside a bank in Loughborough, central England, August 28, 2013. REUTERS/Darren StaplesAllied Universal […]

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Earnings Previews: Lordstown Motors, Sundial Growers, Hexo, Dollar General

Tuesday afternoon’s and Wednesday morning’s noteworthy earnings reports were included in our Monday preview. We covered coming reports from homebuilder Lennar, security software maker CrowdStrike, Eastman Kodak and Chinese e-commerce platform provider Pinduoduo. Here’s a look at four stocks scheduled to report quarterly results after markets close Wednesday or before they open Thursday morning. Lordstown Motors Lordstown Motors Corp. (NASDAQ: […]

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EU drug regulator to assess AstraZeneca COVID-19 vaccine risks on Thursday

Slideshow ( 2 images )AMSTERDAM (Reuters) – Europe’s medicines watchdog will release results of its investigation into incidents of bleeding, blood clots and low platelet counts in recipients of AstraZeneca’s coronavirus vaccine on Thursday afternoon. EMA Executive Director Emer Cooke on Tuesday said there was no indication that the incidents, which she called “very rare” had been caused by the […]

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France investigates new coronavirus variant detected in Brittany

FILE PHOTO: French President Emmanuel Macron talks with employees as he visits a supermarket amid the coronavirus disease (COVID-19) outbreak in Brittany, France, April 22, 2020. REUTERS/Stephane Mahe/File PhotoPARIS (Reuters) – Scientists are investigating a new coronavirus variant that has been detected in Brittany in western France and may evade testing more successfully than other versions, the regional health authority […]

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