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The Latest Breaking News from Pandemic

Nordstrom and Rack recovering as sales surge and shoppers return

The return of in-person events and on-site work led to a sales boom for Nordstrom as it recovers from a pandemic rut, the retail giant said during an earnings call with investors Tuesday.

Tribune News Service

Ryanair Expects Strong Summer Bookings: Reuters

Ryanair Holdings (NASDAQ:RYAAY) Chief Executive Michael O'Leary stated on Wednesday that bookings for the summer looked very strong, adding that the load factor should gradually rise to 94-95% in June-August, approaching pre-COVID-19 pandemic levels, reported Reuters. O'Leary told Reuters that the airline was likely to end this month with just over 15…

Benzinga

Anthony Albanese has some tough economic problems on his plate. Here are seven of them

From sluggish wages to red-hot inflation, there are some unusual things happening in Australia’s economy

The Guardian - AU

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Deaths from drug use rose in first year of pandemic to rate not seen since Australia’s late 1990s peak

There were 1,842 drug-induced deaths in 2020, equivalent to five deaths a day, report finds

The Guardian - AU

I&B Minister applauds Indian media’s role during pandemic

Media ensured awareness messages, government guidelines reached everyone, Anurag Thakur tells Asia Media Summit

The Hindu

'Wine time Friday' and invites for 200: five of the most interesting findings from Sue Gray's partygate report

After months of delay and speculation, civil servant Sue Gray has published her report into Downing Street parties. It does not make for comfortable reading. Although it could have been much, much worse for the prime minister, overall the report states that senior leadership must “bear responsibility” for the numerous…

The Conversation

New Photos Show Shanghai Disneyland's Derelict State After 2 Months Of Closure

New photographs have emerged online that show parts of the Walt Disney Co.’s (NYSE: DIS) theme park in Shanghai turning in a weed-choked mess since being shuttered two months ago at the start of a pandemic lockdown.

Benzinga

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Lanarkshire MSP calls for Prime Minister to resign following Sue Gray report

The damning report into the behaviour of Boris Johnson and those inside Downing Street throughout the pandemic should bring an end to his premiership, says Scottish Greens MSP, Gillian Mackay.

Daily Record

YouTube Chief Talks About Handling Misinformation

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube can continuously improve its work to combat misinformation, CEO Susan Wojcicki said, Bloomberg reports. “Running a company that has that really focused on free speech, we want to make sure that we’re enabling a broad set of opinions that everyone has a right to express their point…

Benzinga

Lyft Pauses Hiring, Budgets To Beat Slowdown Following Uber's Footsteps

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…

Benzinga

Supply chain challenges can be met by exploring other markets, but globalisation to stay: KM Birla

DAVOS: As the Covid pandemic and the Ukraine conflict put pressure on supply chains globally, top industrialist Kumar Mangalam Birla on Wednesday said some of these concerns can be addressed by exploring other source countries but globalisation is here to stay.

The Times of India

NI Centennial Parade date, times and route information as 20,000 people expected to take part

The event was postponed in 2021 due to the coronavirus pandemic

Belfast Live

Sue Gray report: why hasn't Boris Johnson resigned? Key questions answered

Fresh revelations in the partygate affair have many asking why Boris Johnson feels no need to resign. The full version of the report by civil servant Sue Gray into gatherings at Downing Street during pandemic lockdowns included multiple images of the prime minister raising a glass near a table littered…

The Conversation

G20 pandemic fund ploughs ahead amid fears world not ready for future threats

A multi-billion dollar fund set up by G20 countries to help developing countries better prepare for pandemics could be operational within months, according to the World Bank.

Reuters

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StockNews.com

Is Macerich a Good REIT to Own?

Real estate investment trust (REIT) Macerich’s (MAC) has been ramping up its efforts to move past pandemic disruptions and reported significant improvement in its last quarter, with robust leasing demand and tenant sales. However, MAC’s shares have plunged more than 30% in price this year. And considering bearish analysts’ sentiments…

The Independent UK

PM: Staff worked hard in the pandemic and I wanted to thank them

Boris Johnson set out the ‘context’ of the offending in Downing Street after the publication of Sue Gray’s damning report.

Benzinga

MakeMyTrip Tops Q4 On Gradual Recovery Of Domestic Travel

Indian online travel company MakeMyTrip Limited (NASDAQ:MMYT) reported fourth-quarter FY22 revenue growth of 15.1% year-on-year (CC) to $88.6 million beating the consensus of $83.6 million. Revenue from the air ticketing business grew by 7.6% (CC) to $25.3 million, the hotels and packages business rose 22.0% (CC) to $45.1 million, bus ticketing business increased by 10.2%…

The Independent UK

This refreshing airline amenity is making a comeback

Many airlines, including Southwest Airlines and Delta Air Lines, have resumed full beverage, alcohol and in-flight meal services since cutting refreshment offerings early on in the pandemic

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The Independent UK

Covid inquiry will not shy from holding wrong decisions to account – judge

Judge Lady Poole will chair the inquiry into the response to the Covid-19 pandemic in Scotland.

The National (Scotland)

Scottish Covid inquiry launches publicly with ‘fair’ investigation pledge

THE chair of the Scottish covid-19 inquiry has pledged “not to shy away” from making findings about wrong decisions made during the pandemic.

Tribune News Service

Gavin Newsom survived a California recall. Is he a lock to win another term?

SACRAMENTO, Calif. — The last time Gavin Newsom’s name was on the ballot in California, he faced dozens of opponents in a chaotic recall election that drew national attention and was sparked by opposition to his handling of the pandemic.

Benzinga

If You Invested $1,000 In Uber Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Irish Mirror

Irish pubs: Bad news for the summer as some bars 'to cut opening hours over shortages'

The pandemic cost the hospitality industry almost one-third of its former workforce

The Guardian - UK

Ocado halves growth forecast amid cost of living crisis and return to offices

Online grocer expects sales to increase less than 5% for year to November, after boom during pandemic

The Independent UK

Scottish Covid inquiry launches publicly with website setting out its aims

Lady Poole, who will chair the inquiry, has set out 12 areas she will investigate during her inquiry into the pandemic.

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