Dollar loses ground after U.S. inflation data

The dollar lost some ground on Friday after U.S. consumer prices increased roughly in line with expectations in November as investors, who had been bracing for much higher inflation, bet that the actual number would not change the pace of interest rate hikes. Labor Department data showed an increasing consumer price index (CPI) as cost […]

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Taylor Swift to face trial in Shake It Off copyright case

Taylor Swift must face a jury trial over accusations that she copied lyrics for Shake It Off from another song. A US judge has refused Swift’s request to dismiss the case, saying a jury may find that her 2014 hit copied girl group 3LW’s 2001 tune Playas Gon’ Play. Both tracks feature variations of the […]

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India begins world’s biggest drive

A sanitation worker became the first Indian to receive a Covid vaccine as the country began the world’s largest inoculation drive. Prime Minister Narendra Modi launched the programme, which aims to vaccinate more than 1.3 billion people against Covid. He paid tribute to front-line workers who will be the first to receive jabs. India has […]

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Three vaccine doses key for tackling Omicron

Two doses of a Covid vaccine are not enough to stop you catching the Omicron variant, UK scientists have warned. Early analysis of UK Omicron and Delta cases showed the vaccines were less effective at stopping the new variant. But a third booster prevents around 75% of people getting any Covid symptom. Meanwhile, Levelling Up […]

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China warns nations will ‘pay price’ for Olympic boycott

China has warned countries who have announced a diplomatic boycott of the Beijing Winter Olympics that they “will pay the price for their mistaken acts”. The US, UK, Australia and Canada will not send government representatives to the Games because of concerns over China’s human rights record. This includes widespread allegations of abuse against the […]

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Tesla’s German car plant attempts to raise manufacturing bar

Two years after Elon Musk elicited audible gasps from an awards show audience with his surprise announcement that Tesla would build a factory outside Berlin, the project is nearing fruition and the hype has never been more palpable. One analyst recently compared the series of innovations Mr Musk is pursuing at the plant to Henry […]

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