Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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Omicron poses growth risks, monetary policy challenges

November 30, 2021 (MLN): It is too soon to incorporate the effects of the new Omicron coronavirus variant into global economic growth forecasts until more is known about its transmissibility and severity, Fitch Ratings said

European stocks rebound at open after Omicron freefall

November 29, 2021: European stock markets rallied in opening deals on Monday, rebounding from a pre-weekend slump that was sparked by fears over a new variant of Covid-19. London, Frankfurt and Paris gained more than

Pandemic to cost global tourism $2tr in 2021: UN

November 29, 2021: The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery “fragile” and “slow”. The forecast from

Nissan plans 50% EVs sales by 2030

November 29, 2021 (MLN): Automaker Nissan is planning to plow billions of dollars to increase its global sales of Electric Vehicles (EV) as the company wants half its global sales to be hybrid vehicles by 2030, as per

Moderate recovery, challenges remain for APAC Tech in 2022

November 29, 2021 (MLN): Fitch Ratings expects a modest improvement in average cash flow from operations for the Asia-Pacific (APAC) Technology sector in 2022, as economic uncertainties and continuing Covid-19 influences temper cash-flow growth, the

European stock markets plunge at open on Covid variant

November 26, 2021: European stock markets plunged more than three percent at the start of trading Friday on fears over a new variant of Covid-19. London, Frankfurt and Paris tumbled following sharp losses for Asian

APAC Air travel to grow in 2022: Fitch Ratings

November 23, 2021 (MLN): Fitch Ratings forecasts an improving operating environment for Asia-Pacific (APAC) airports in 2022 as international travel resumes, with tourism returning faster than business travel, the American credit rating agency noted in

European stocks climb at open after mixed Asia showing

November 19, 2021: European stock markets climbed at the open Friday following a mixed end to the week in Asia. London's benchmark FTSE 100 index rose 0.4 percent to 7,284.42 points. In the eurozone, Frankfurt's

Support withdrawal: A challenge for APAC

November 19, 2021 (MLN): The shock associated with the COVID-19 pandemic from April-October 2021 in much of Asia-Pacific (APAC) has largely lessened but authorities face challenges and entail difficult trade-offs to withdraw extraordinary policy support,

IEA says oil price rally may start to ease

Nov 16, 2021: The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases. Shortages of natural gas and coal have triggered a switch to

European stocks steady at open, before inflation data

November 15, 2021: Europe's main stock markets steadied at the open Monday, with investors sitting tight before key inflation updates out of the eurozone and UK this week. London's benchmark FTSE 100 index began the

Omicron poses growth risks, monetary policy challenges

November 30, 2021 (MLN): It is too soon to incorporate the effects of the new Omicron coronavirus variant into global economic growth forecasts until more is known about its transmissibility and severity, Fitch Ratings said

European stocks rebound at open after Omicron freefall

November 29, 2021: European stock markets rallied in opening deals on Monday, rebounding from a pre-weekend slump that was sparked by fears over a new variant of Covid-19. London, Frankfurt and Paris gained more than

Pandemic to cost global tourism $2tr in 2021: UN

November 29, 2021: The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery “fragile” and “slow”. The forecast from

Nissan plans 50% EVs sales by 2030

November 29, 2021 (MLN): Automaker Nissan is planning to plow billions of dollars to increase its global sales of Electric Vehicles (EV) as the company wants half its global sales to be hybrid vehicles by 2030, as per

Moderate recovery, challenges remain for APAC Tech in 2022

November 29, 2021 (MLN): Fitch Ratings expects a modest improvement in average cash flow from operations for the Asia-Pacific (APAC) Technology sector in 2022, as economic uncertainties and continuing Covid-19 influences temper cash-flow growth, the

European stock markets plunge at open on Covid variant

November 26, 2021: European stock markets plunged more than three percent at the start of trading Friday on fears over a new variant of Covid-19. London, Frankfurt and Paris tumbled following sharp losses for Asian

APAC Air travel to grow in 2022: Fitch Ratings

November 23, 2021 (MLN): Fitch Ratings forecasts an improving operating environment for Asia-Pacific (APAC) airports in 2022 as international travel resumes, with tourism returning faster than business travel, the American credit rating agency noted in

European stocks climb at open after mixed Asia showing

November 19, 2021: European stock markets climbed at the open Friday following a mixed end to the week in Asia. London's benchmark FTSE 100 index rose 0.4 percent to 7,284.42 points. In the eurozone, Frankfurt's

Support withdrawal: A challenge for APAC

November 19, 2021 (MLN): The shock associated with the COVID-19 pandemic from April-October 2021 in much of Asia-Pacific (APAC) has largely lessened but authorities face challenges and entail difficult trade-offs to withdraw extraordinary policy support,

IEA says oil price rally may start to ease

Nov 16, 2021: The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases. Shortages of natural gas and coal have triggered a switch to

European stocks steady at open, before inflation data

November 15, 2021: Europe's main stock markets steadied at the open Monday, with investors sitting tight before key inflation updates out of the eurozone and UK this week. London's benchmark FTSE 100 index began the