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The Latest Breaking News from Pandemic

ExxonMobil rakes in record net profits in 2022, leading to backlash

US oil company ExxonMobil recorded a net profit of $56 billion last year, beating its previous 2008 record. It benefitted from a surge in prices following the Russian invasion of Ukraine and a cost-cutting drive during the pandemic. The White House has called these profits "outrageous", leading to further calls…

France 24

Wang Tao: Economic Activity Gains Ground During Holiday, but Nowhere Near Pre-Covid Levels

High-frequency data around the Lunar New Year improved over 2022, but some indicators remain well below where they were before the pandemic

Caixin Global

Virgin Money reports growth but notes impact of economic problems on customers

The bank increased business lending despite the winding down of Government loan schemes linked to the pandemic

Birmingham Post

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France to modify special Covid work rules as health situation improves

With the number of Covid-19 cases and hospitalised patients steadily going down in France, measures put in place for employees during the pandemic will no longer be in force as of 1 February. However, some of these changes have been criticised by groups representing vulnerable members of society.

Radio France Internationale

Autorickshaws multiply, so do Chennai commuters’ woes

When the pandemic hit, many auto drivers in the city turned jobless. Some shifted course and adopted other semi-skilled jobs such as construction or painting.

The Times of India

Sean Penn’s Disaster-Relief Charity Ended Up a Money Mess

CORE saved American lives during the pandemic. Employees say it has also failed to shield them from alleged sexual harassment or address financial mismanagement.

Businessweek

Emergency’s over, but danger’s not: Pritzker ends pandemic disaster status, but warns, ‘COVID-19 has not disappeared’

Beyond the bureaucratic red tape, the disaster proclamation allowed Gov. J.B. Pritzker to put in place multiple executive orders. Should the pandemic worsen, he would have to make another disaster proclamation in order to issue those sorts of orders again.

Chicago Sun-Times

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Learning loss for disadvantaged pupils ‘greater’ than peers, says watchdog

Lost learning, if left unaddressed, may lead to “significant lost earnings” for those affected, the National Audit Office has warned.

The Independent UK

U.S. cancer deaths are on the decline, but nearly 2 million diagnoses are expected this year

In 2023, nearly 2 million new cancer diagnoses are expected, with more than 600,000 deaths.

Fortune

Country's fuel usage up 13.5% in 2022

Thai fuel consumption rose by 13.5% last year, driven by the easing of the Covid-19 pandemic, full reopening of the country and economic recovery, says the Department of Energy Business (DOEB).

Bangkok Post

The U.S. COVID health emergency is set to end in May. From the end of free COVID tests to the return of copays, here's what it means for you

Access to free COVID vaccines will continue until the federal supply runs out. But for many, free COVID tests could soon be a thing of the past.

Fortune

This is the second-biggest home price correction of the post-WWII era—it's also a fairly mild correction

Seattle home prices are down 13.5%, while Chicago home prices have only fallen 0.8%.

Fortune

Demand exceeding supply for East Renfrewshire social housing as homelessness rises

The council's housing convener said increasing homelessness is 'the next pandemic in Scotland' as the council agreed to extend changes to its lettings policy.

Glasgow Live

A 'blue-collar boomerang' is coming—but it's still not enough to solve the labor shortage

Blue-collar workers who left for greener pastures during the pandemic might head back to their old industries amid layoffs.

Fortune

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Tribune News Service

Robin Epley: California must stop treating women as second-class citizens in the workplace

For too long, women have struggled to create equity in the workplace, only to lose it now: The coronavirus pandemic has set back working women by decades, according to a new study by the California Commission on Women and Girls.

Evening Standard

UK to be worst-performing major economy in 2023 (including Russia), says IMF

Friends say I’m obsessed with the US economy. And they’d be right. First, there’s its sheer size: 24 per cent of global GDP on 4 per cent of the population. Second, its relentlessness: prior to the Covid-19 pandemic, America was enjoying its longest-ever economic expansion. Third, the wealth it generates…

Reason

Poll: One-Fifth of Americans Say Government Is Our Nation's Top Problem

Plus: Democrats doubt Harris' ability to win, an end to pandemic emergency status, and more...

The Guardian - US

Trump says in video ‘anyone in my position not taking the fifth would be an absolute fool’ – as it happened

Footage shows former president asserting his right to avoid self-incrimination in Trump Organization fraud investigation – follow the latest

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Birmingham Post

One third of Welsh SMEs see workforce growth following Covid-19 support - report

Economic Intelligence Wales has published a report on the effectiveness of Welsh Government support during the pandemic

Chronicle Live

Matt Hancock grilled on GMB about I'm A Celeb stint and why he didn't follow pandemic rules

The former Health Secretary appeared on Good Morning Britain on Tuesday and said 'I'm only human' as he tried to explain his actions

The Independent UK

Tesco buys Paperchase brand after stationery chain collapses into administration

Hundreds of jobs remain at risk as supermarket will not buy Paperchase’s stores

Tribune News Service

California saw nearly 20% more deaths since 2020, and COVID alone can’t explain it

Three years after the first COVID cases were detected in the Bay Area, a vexing question persists that can no longer be explained by the terrifying arrival of a deadly novel coronavirus: Why are so many people still dying?

The Independent UK

Fears Paperchase will go into administration today

High street stationary chain another retail casualty of Covid pandemic

Al Jazeera

Biden administration to end COVID public health emergency in May

Move would restructure federal response to treat virus as endemic public health threat, ending some government support.

Manchester Evening News

Greater Manchester's 'hidden army' of unemployed people lost in the cracks

Report reveals North-South divide in numbers of people classed as 'involuntarily inactive'

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