China is set to announce an easing of its COVID-19 quarantine protocols in the coming days and a reduction in mass testing, sources told Reuters, a marked shift in policy after anger over the world's toughest curbs fuelled widespread protests.
- INSIGHTGermans spending less as soaring power, food costs gnaw finances
For 25 years, Theo Jost served the German Christmas dish of goose in his restaurant near the Black Forest. The birds were fresh, reared by farmers in northern Germany. But this year he took the dish off the menu because rising costs all along the supply chain would have doubled its price compared to last year.
- MarketsMorning Bid: Powell clears the decks
A look at the day ahead in U.S. and global markets from Mike Dolan.
- DisruptedElon Musk expects Neuralink's brain chip to begin human trials in 6 months
Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials in six months, after the company missed earlier timelines set by him.
- England's World Cup team happy to lift national gloomSoccer ·
December 1, 2022 · 12:06 PM UTC · undefined agoEngland have gathered momentum at the World Cup and are happy to bring some succour to their countrymen suffering the winter cold, soaring costs and industrial strikes, midfielder Declan Rice said on Thursday.
Talking Points
- BreakingviewsASOS bonus tweak stores up longer-term woes
Cash is king for ASOS’s newish chief executive. On Tuesday, the 653 million pound fast fashion retailer changed the targets for José Antonio Ramos Calamonte’s bonus next year. The portion of the up to 1.1 million pound payout linked to revenue growth will fall to 15% from 30%. Meanwhile the share linked to cash flow has been upgraded to 35%, and cost cuts will also be rewarded.