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Europe’s auto stocks hit record high as traders bet on strong 2022

By Joice Alves LONDON (Reuters) – European automobile stocks rose more than 2% to a record high on Wednesday as investors turned increasingly bullish on the sector on growing expectations

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News Stock Market

Allegiant Air buys 50 new Boeing 737 MAX jets in strategy shift

By Eric M. Johnson SEATTLE (Reuters) -U.S. low-cost carrier Allegiant Air confirmed plans on Wednesday to buy 50 new Boeing (NYSE:BA) 737 MAX jets worth $5.5 billion at list prices

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Economy News

Factbox-Trump’s Fed eased bank rules. Now what can Democrats roll back?

By Pete Schroeder WASHINGTON (Reuters) – Under Republican leadership appointed by former President Donald Trump, the U.S. Federal Reserve eased a raft of bank rules and requirements introduced following the

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Economy News

City of London says COVID is masking Brexit hit to finance

By Huw Jones LONDON (Reuters) -Getting ahead in global finance after Brexit needs sustained British government impetus, the City of London’s policy chief said on Wednesday, adding that COVID-19 may

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Economy News

Ford posts 7% fall in 2021 U.S. auto sales

(Reuters) -Ford Motor Co reported a 6.8% fall in 2021 U.S. vehicle sales on Wednesday, as the automaker struggled to deliver its cars and trucks due to lingering supply-chain bottlenecks

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Economy News

India asks Xiaomi to pay $88 million in import taxes it found it evaded

NEW DELHI (Reuters) – India on Wednesday said it had asked the local unit of Chinese smartphone giant Xiaomi (OTC:XIACF) to pay 6.53 billion rupees ($87.80 million) in import taxes

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News Sports

Novak Djokovic Hits Reported Visa Snag On Australia Trip

World number one Novak Djokovic may have encountered a late snag on his trip to play in the Australian Open, after state government officials refused to support his visa application.

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News Sports

Covid Forces Postponement Of Liverpool-Arsenal League Cup Semifinal

Liverpool’s League Cup semi-final first-leg match against Arsenal on Thursday has been postponed due to a “severe outbreak” of coronavirus cases at the Anfield club. Posted by Harsh Rajput Liverpool’s

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News

Britain reports record COVID-19 prevalence as Omicron surges

By Alistair Smout and William James LONDON (Reuters) -Britain on Wednesday reported record COVID-19 prevalence for the last week of 2021, with one in 15 people in England infected, as

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News

Australia COVID-19 cases surge, overloading testing system

By Renju Jose and Byron Kaye SYDNEY (Reuters) -Australian COVID-19 cases soared to a pandemic record on Tuesday as the Omicron variant ripped through most of the country, driving up

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