January, 2022

• 17 January

  US home sales tumble most in 18 months with listings scarce

  

    Bloomberg US home sales in December had their biggest plunge since the early months of the Covid-19 lockdowns as listings sank to record lows. Transactions fall 11% from a year earlier, the biggest annual decline since June 2020, according to a report by Redfin Corp. Demand is still fierce, but what’s holding back deals is a lack of inventory: ...

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• 17 January

  Apple removes several Wordle apps

    Bloomberg Apple Inc removed several Wordle games from its App Store after users confused them with another word-play title popularized by Jimmy Fallon and other celebrities. The only remaining product on the App Store with that title appeared to be Wordle!, a time-based game created by Steven Cravotta more than five years ago. Apple confirmed the move to Bloomberg. ...

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• 17 January

  Venezuela grew 4% in 2021 and on road to recovery: Maduro

  

    Bloomberg Venezuela probably grew 4% in 2021, signalling an “economic recovery” in 2022, President Nicolas Maduro said in his annual state of the union speech, maintaining his firm grip for a ninth year on a mandate considered illegitimate by the opposition, the US and several European countries. “I can state that Venezuela, after five years of economic warfare, has ...

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• 17 January

  Stocks, futures mixed as bond yields march higher

  

    Bloomberg Stocks were mixed on Monday as traders weighed a global advance in sovereign bond yields and the start of the earnings season. Media, miners and healthcare led an advance in Europe’s Stoxx 600 Index, while Nasdaq 100 futures fall. A dollar gauge was little changed and oil ticked up. US stock and bond markets are shut on Monday ...

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• 17 January

  Investors search for safe havens in Asia as Omicron takes hold

  

    Bloomberg The threat of the Omicron variant is becoming real for many of Asia’s biggest countries just as it looks set to subside in some Western nations, and that’s complicating investors’ search for winning share bets in the region. The problem is that Asian governments are carrying out widely diverging coronavirus policies, with strategies ranging from China’s pursuit of ...

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• 17 January

  UAE joins GCC countries at ‘Arab Gulf Security 3’ exercise

  

    RIYADH / WAM Security and police forces from the UAE are participating in the joint tactical exercise, “Arab Gulf Security 3”, which is taking place in the Eastern Region of Saudi Arabia, with the participation of security forces from all member states of the Gulf Cooperation Council (GCC) for Arab States. The exercise a concerted effort to help boost ...

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• 17 January

  Glaxo rejects $68b Unilever bid for consumer business

  

    Bloomberg GlaxoSmithKline Plc said it rejected an offer from Unilever Plc for the drugmaker’s consumer healthcare unit last year that valued the business at about 50 billion pounds ($68 billion). Glaxo in a statement said that it had received three unsolicited offers from Unilever for its consumer healthcare business, the final one on Dec. 20 for 41.7 billion pounds ...

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• 17 January

  WAM, Colombia entities discuss media cooperation

    BOGOTA / WAM A delegation from the Emirates News Agency (WAM) discussed ways to enhance cooperation with a number of media entities in Colombia, along with their participation in the Global Media Congress, which will be hosted by Abu Dhabi next November. The discussion took place during the visit of delegation, led by Mohammed Jalal Al Rayssi, Director-General of ...

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• 17 January

  Deal signed to boost UAE’s response to cyber-attacks

  

    DUBAI / WAM The UAE National Cyber Security Council and Injazat, the UAE’s home-grown technology champion in digital transformation, cloud, and cyber security, on Sunday announced the signing of a strategic memorandum of understanding (MoU) with the aim for further improving coordination and response time to potential cyber-attacks in the UAE. The MoU was signed by Ussama Dahabiyeh, Chief ...

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• 17 January

  EcoWaste to feature 35 local, int’l companies

    Abu Dhabi / WAM The eighth edition of EcoWaste 2022 Exhibition and Forum kicks off on Monday under the slogan “exploring future opportunities for waste management to achieve a circular economy”. EcoWaste 2022 will be held as part of Abu Dhabi Sustainability Week and organised with the strategic partnership of the Abu Dhabi Waste Management Centre (Tadweer). The exhibition ...

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