Posted on

Beijing halts offline sports events from June 13 due to COVID outbreak

Beijing halts offline sports events from June 13 due to COVID outbreak

A medical worker in a protective suit collects a swab from a resident at a makeshift nucleic acid testing site, during a mass testing for the coronavirus disease (COVID-19) in Chaoyang district of Beijing, China June 13, 2022. REUTERS/Carlos Garcia Rawlins

Register now for FREE unlimited access to Reuters.com

BEIJING, June 13 (Reuters) – Beijing will suspend all offline sports events starting from June 13 citing high transmission risks of a recent COVID-19 outbreak linked to a bar in the city, Beijing Municipal Bureau of Sports said in a statement on Monday.

As of June 12, some 166 cases have been linked so far to the outbreak at the Chaoyang Heaven Supermarket Bar, which emerged last week.

Register now for FREE unlimited access to Reuters.com

Reporting by Albee Zhang and Ryan Woo; Editing by Jacqueline Wong

Our Standards: The Thomson Reuters Trust Principles.

Posted on

South Africa’s rand steady, focus on global events

South Africa's rand steady, focus on global events

A street money changer counts South African Rands in Harare, Zimbabwe, May 5, 2016. REUTERS/Philimon Bulawayo

Register now for FREE unlimited access to Reuters.com

JOHANNESBURG, April 5 (Reuters) – South Africa’s rand was flat early on Tuesday, as prospects of more sanctions against Russia and possibly bigger interest rate hikes by the U.S. Federal Reserve to rein in inflation supported the safe-haven dollar.

At 0630 GMT, the rand traded at around 14.5700 against the dollar, largely unchanged from its previous close.

The United States and Europe were planning new sanctions on Tuesday to punish Moscow over civilian killings in Ukraine, and President Volodymyr Zelenskiy warned more deaths were likely to be uncovered in areas seized from Russian invaders. read more

Register now for FREE unlimited access to Reuters.com

The price of commodities such as gold and platinum, of which the country is an exporter, also eased on Tuesday, limiting any potential gains in the local currency. Higher commodity prices tend to support the rand.

Traders said global factors were the main focus, as the rand showed little reaction to news that South Africa’s national state of disaster, in place for more than two years in response to COVID-19, has ended. read more

The national state of disaster had been the government’s main mechanism for managing the pandemic. Removing it dealt away with the vast majority of COVID-19 restrictions, aside from a few that will remain in place on a transitional basis.

Register now for FREE unlimited access to Reuters.com

Reporting by Olivia Kumwenda-Mtambo

Our Standards: The Thomson Reuters Trust Principles.

Posted on

Indian shares subdued as investors weigh oil prices, global events

Indian shares subdued as investors weigh oil prices, global events

Clouds are seen over the Bombay Stock Exchange (BSE) building in Mumbai, India May 25, 2016. REUTERS/Danish Siddiqui

Register now for FREE unlimited access to Reuters.com

BENGALURU, March 23 (Reuters) – Indian shares were little changed on Wednesday as cautious investors kept an eye on crude prices and geopolitical events in the absence of any major domestic triggers.

By 0504 GMT, the blue-chip NSE Nifty 50 index (.NSEI) was up 0.11% at 17,334.45, while the benchmark S&P BSE Sensex (.BSESN) had gained 0.10% to 58,046.43.

After falling nearly 1% on Monday and extending those losses into the first half of Tuesday — due to higher oil prices — both the indexes staged a mid-day reversal to end more than 1% higher as investors bought into the dip.

Register now for FREE unlimited access to Reuters.com

While the Nifty and Sensex built on the upbeat momentum in early trading on Wednesday, markets have now given up most gains.

“Markets are not going to be that bullish today and there could be some kind of consolidation,” said Devarsh Vakil, deputy head of retail research at HDFC Securities.

“As such, we have risen a lot from (recent) lows. So, it is better to digest these gains,” he added.

Earlier this month, the indexes hit their lowest levels since late-July, but they have since risen about 11% each.

In Mumbai, gains in pharmaceutical and metal stocks offset losses in automobile companies.

The Nifty Pharma Index (.NIPHARM) was up 1.27%, with pharma major Dr Reddy’s Laboratories (REDY.NS) rising 3% and topping the Nifty 50 percentage gainers.

The Nifty Metal Index (.NIFTYMET) rose 0.49%, with aluminium and copper producer Hindalco Industries (HALC.NS) adding 2.3%. Global commodity prices remained high on potential supply hits due to the Ukraine conflict.

The Nifty Auto Index (.NIFTYAUTO) dropped 0.56% and was on track for its second session of losses in three.

Meanwhile, broader Asian markets hit their highest levels since March 4 as investors moved cash back into equities from bonds in preparation for the U.S. Federal Reserve’s aggressive approach to combat inflation.

Register now for FREE unlimited access to Reuters.com

Reporting by Anuron Kumar Mitra in Bengaluru; editing by Uttaresh.V

Our Standards: The Thomson Reuters Trust Principles.

Posted on

Key events in Canada’s trucker protests against COVID curbs

Key events in Canada's trucker protests against COVID curbs

Canadian Police officers move protestors towards parliament hill, as they work to restore normality to the capital while trucks and demonstrators continue to occupy the downtown core for more than three weeks to protest coronavirus disease (COVID-19) restrictions in Ottawa, Ontario, Canada, February 19, 2022. REUTERS/Shannon Stapleton

Register now for FREE unlimited access to Reuters.com

Feb 19 (Reuters) – Canadian police on Saturday used pepper spray and stun grenades in an attempt to restore normalcy in Ottawa, parts of which have been paralyzed by protesters opposing the government’s pandemic restrictions. read more

Here is a timeline of main events:

Nov. 19 – Prime Minister Justin Trudeau’s government announces that all cross-border truck drivers will be subject to mandatory vaccine and quarantine requirements from Jan. 15. The trucking industry association has warned the mandates could intensify supply-chain disruptions, but opposes protests on public roads. read more

Register now for FREE unlimited access to Reuters.com

Jan. 28 – A convoy largely consisting of trucks starts arriving in Ottawa from across Canada opposing the vaccine mandate. A similar requirement is in place in the United States.

Jan. 29 – Thousands of protesters under the banner “The Freedom Convoy 2022” hold a loud but peaceful protest in downtown Ottawa. read more

Jan. 31 – Trudeau, who was moved to a secret location, says Canadians are disgusted by the behavior of some protesters in Ottawa and says he will not be intimidated. read more

Feb. 2 – Leader of Canada’s main opposition Conservative Party, Erin O’Toole, is ousted after a caucus vote, partly because of his failure to embrace the anti-government protest quickly enough. read more

Feb. 5 – Protesters occupy downtown Ottawa for second straight weekend. Protests spread to other cities including the financial capital Toronto. read more

Feb. 6 – Ottawa Mayor Jim Watson declares state of emergency. read more

Feb. 7 – Police seize thousands of liters of fuel and remove an oil tanker supplying the trucks. A court grants an interim injunction preventing people from sounding horns in downtown Ottawa.

Feb. 7 – Protesters start blocking the Ambassador Bridge in Windsor, Ontario, the busiest crossing between Canada and the United States, and protesters block other border points in Alberta and Manitoba. read more

Feb. 8 – The blockade disrupts trade between the two countries. Ford Motor Co (F.N), General Motors Co (GM.N) and Toyota Motor Corp (7203.T) halt some production. read more

Feb. 10 – The Biden administration urges Canada to use federal powers to ease the disruption at the U.S.-Canada border. read more

Feb. 11 – A Canadian judge orders an end to the blockade of the Ambassador Bridge and the province of Ontario declares a state of emergency. Protesters defy the court order and remain. read more

Feb. 13 The Ambassador Bridge reopens after a six-day blockade as Canadian police clear protesters. read more

Feb. 15 – Trudeau invokes rarely used special emergency measures to tackle protests. read more

Feb. 16 – Ottawa’s police chief resigns. read more

Feb. 17- Police warn protesters occupying central Ottawa of “imminent” action. read more

Feb. 18 – Police begin push into crowds of demonstrators, arrest more than 100 and haul away vehicles. Key organizers are arrested. read more

Register now for FREE unlimited access to Reuters.com

Compiled by Denny Thomas in Toronto
Editing by Matthew Lewis

Our Standards: The Thomson Reuters Trust Principles.