Man knocks over ancient Roman busts in Vatican museums

VATICAN CITY, Oct. 5 (Reuters) – A man toppled two ancient Roman busts at the Vatican Museums on Wednesday, causing moderate damage before being stopped by staff and arrested, a museum source said. The source, who wished to remain anonymous as he was not authorized to discuss an ongoing investigation, said the man was in … Read more

Oil bounces back 3% as OPEC+ weighs in its biggest production drop since 2020

OPEC+ considers cut of more than 1 mln bpd sources China spends largest quota for oil products this year SINGAPORE, Oct. 3 (Reuters) – Oil prices rose more than 3% on Monday in early Asian trade as OPEC+ considers cutting production by more than 1 million barrels per day for its biggest drop since the … Read more

GLOBAL ECONOMY Asian factory activity weakens due to global slowdown, cost pressure

Japan Aug PMI Marks Weakest Growth Since January Last Year Manufacturing activity shrinks in Taiwan, Malaysia China slowing, US demand weighs on Asian economies TOKYO, Oct. 3 (Reuters) – Asian factory output largely weakened in September as slowing demand in China and advanced economies exacerbated the pain of ongoing cost pressures, surveys found on Monday, … Read more

Pakistan hospital overrun by spread of waterborne diseases

Hospital in Sehwan, South Pakistan, is overloaded Patients are pouring in from flooded areas Thousands Suffer From Waterborne Diseases WHO warns of ‘second disaster’ after catastrophic floods SEHWAN, Pakistan, Oct. 3 (Reuters) – The emergency room at the main government hospital in Sehwan, a small town in southern Pakistan, is overloaded. On a recent visit, … Read more

UK economy still below pre-pandemic size, underlining the challenge for Truss

UK economy to grow 0.2% in Q2 versus previous estimate of -0.1% Exports still below pre-pandemic peak, according to new estimates The UK’s big current account gap is narrowing than predicted LONDON, Sept. 30 (Reuters) – The UK economy has remained below its pre-pandemic peak, according to data released Friday that left the country further … Read more

China’s factory, services surveys suggest economy is struggling to recover

China Sept official production PMI above expectations Private survey shows factory activity has fallen sharply Service sector activity growth slowed in September – official survey COVID restrictions, dwindling foreign demand, roads to real estate weakness BEIJING, Sept. 30 (Reuters) – Chinese manufacturing activity picked up growth in September, but a slowdown in service sector growth … Read more

Hong Kong retail sales fell 0.1% in August

HONG KONG, Sept. 30 (Reuters) – August retail sales in Hong Kong fell 0.1% from a year earlier amid a high comparative base, government data showed on Friday. Sales fell to HK$28.6 billion ($3.64 billion), after growing 4.1% in July. In terms of volume, retail sales fell 2.9% year-on-year in August. That compares to a … Read more

Weekly jobless claims in the US hit their lowest level in five months; economic picture obscures

Weekly unemployment claims fall by 16,000 to 193,000 Continuing claims fall by 29,000 to 1,347 million GDP contraction in second quarter not revised by 0.6% Gross domestic income revised downwards towards GDP WASHINGTON, Sept. 29 (Reuters) – The number of Americans filing new jobless claims fell to a five-month low last week as the labor … Read more

Alzheimer’s drug succeeds in slowing cognitive decline, say makers Eisai and Biogen

Sept. 27 (Reuters) – Eisai Co Ltd (4523.T) and Biogen Inc (BIIB.O) said Tuesday that their experimental Alzheimer’s drug significantly slowed cognitive and functional decline in a large study involving early-stage patients of the disease. a rare victory in a field littered with failed drugs. The drug, lecanemab, slowed the progression of the brain-devouring disease … Read more

Jordan from SNB does not rule out recession – Blick paper

Swiss National Bank (SNB) chairman Thomas Jordan of the Swiss National Bank (SNB) addresses a press conference in Zurich, Sept. 22, 2022. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Register ZURRICH, Sept. 23 (Reuters) – The Swiss National Bank does not think the Swiss economy will slide into recession but cannot rule … Read more