January, 2022

• 18 January

  Johnson battles for survival over ‘partygate’

  

    Bloomberg Boris Johnson faces another bruising week, with his future as UK prime minister in the balance amid a furious public backlash over rule-breaking parties at his Downing Street office. Six lawmakers in the governing Conservative Party have already called on Johnson to resign over allegations of alcohol-fueled get-togethers involving Downing Street staff when the country was in lockdown. ...

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• 18 January

  South Africa president defends judiciary after minister’s attack

    Bloomberg President Cyril Ramaphosa urged South Africans to safeguard against attacks on the independence and integrity of the judiciary, a week after one of his cabinet ministers criticized the nation’s top judges as “mentally colonized.” “We need to protect our Constitution, our democratic state and the electoral process from anyone who wants to weaken our democracy and deny the ...

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• 18 January

  Google bets on hybrid work with $1b London office deal

  

    Bloomberg Alphabet Inc’s Google said it would spend $1 billion to buy up its own London offices, keeping a major presence in the UK capital at a time when firms wrestle with how to manage employee work habits. The purchase and renovation of the Central Saint Giles complex it moved into in 2011 are being undertaken as the company ...

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• 18 January

  Norway’s exports rise to record 77% in 2021

  

    Bloomberg Norway’s exports surged to a record last year, helped by higher demand for fossil fuels, fish and metals. Western Europe’s largest oil and gas exporter sold 1.38 trillion kroner ($156 billion) worth of goods abroad in 2021, a 77% increase that led to a full-year trade surplus of 531 billion kroner, also the highest ever, Statistics Norway said ...

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• 18 January

  Tesla pushes cybertruck production back to 2023

    Bloomberg Tesla Inc has pushed back initial production of its futuristic-looking Cybertruck to the first quarter of 2023, according to a Reuters report. Production of the electric pickup had been expected to start later this year but was delayed by a decision to change some of the pickup’s features, the report said. In December, Tesla CEO Elon Musk responded ...

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• 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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