Baltic index flat as lower capesize rates offset gains in smaller vessels

Register now for FREE unlimited access to Reuters.comFeb 7 (Reuters) – The Baltic Exchange’s dry bulk sea freight index (.BADI) inched lower on Monday, as a dip in capesize rates countered a rise in the panamax and supramax segments.* The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by a…Continue Reading

EXCLUSIVE Lebanon banks association rejects draft govt financial plan

Cars stand in line near a gas station as they wait to fuel up, after the central bank decided to effectively end subsidies on fuel imports, in Jiyeh, Lebanon, August 13, 2021. REUTERS/Aziz Taher/File PhotoRegister now for FREE unlimited access to Reuters.comBEIRUT, Feb 7 (Reuters) – Lebanon’s banking association on Monday rejected a draft government…Continue Reading

Scientists Discover ‘Supermountains’ That Stretched 4,500 Miles

Prehistoric “supermountains” that stretched around 4,500 miles and dwarfed the modern-day Himalayas has been discovered by scientists.Their research, published in the journal Earth and Planetary Science Letters, reveals a previously unknown mountain range named the Nuna Supermountains, which existed on a vast ancient continent between two and 1.8 billion years ago. They also describe a…Continue Reading

Trump took Kim Jong-un “love letters” to Mar-a-Lago

The National Archives and Records Administration last month retrieved boxes containing information from former President Trump’s time at the White House that he took to Mar-a-Lago instead of handing over to the agency, the Washington Post reports.Details: The boxes contained correspondence between Trump and North Korean leader Kim Jong-un, which he once referred to as…Continue Reading

The NFL always wins

America is obsessed with football — a love affair that has allowed the NFL to tighten its already-firm grip on our culture despite mounting scandals.The big picture: From brain injuries to toxic workplaces to racism allegations, the NFL is no stranger to outrage. Then Sunday arrives, and all is seemingly forgiven.That will be the case…Continue Reading

“AgeTech” companies court digital seniors

As the pandemic has coaxed older people to get more nimble with technology— even trolling TikTok to check out their grandkids’ posts — tech companies are increasingly catering to their needs. Why it matters: For seniors, learning to shop online, enjoy social media and use VR headsets can beat back isolation and loneliness — particularly…Continue Reading

Kids’ vaccines create a new dilemma for federal officials

Federal health regulators will soon face their next controversial vaccine decision: whether to authorize Pfizer’s vaccine for children younger than 5, despite ongoing questions around dosing and effectiveness.Why it matters: Once again, the pandemic is forcing health officials to choose between unconventional vaccine approval methods and the human costs of abiding by more traditional —…Continue Reading

Peng Shuai announces retirement from tennis and calls sexual assault claim “misunderstanding”

Peng Shuai announced she’s retiring from tennis and called sexual abuse allegations she’d made against a former Chinese government official a “huge misunderstanding,” in an interview with French sports news outlet L’Équipe published Monday.Why it matters: Peng’s interview denying her earlier allegations against former Vice Premier Zhang Gaoli was arranged by the Chinese Olympic Committee…Continue Reading

U.S. Olympic figure skating medal hope Vincent Zhou tests positive for COVID

Sign up for our daily briefingMake your busy days simpler with the Axios AM and PM newsletters. Catch up on what’s new and why it matters in just 5 minutes.Catch up on the day’s biggest business storiesSubscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.Sign…Continue Reading

Australia to reopen international borders after 2 years, but “you must be double vaccinated”

Sign up for our daily briefingMake your busy days simpler with the Axios AM and PM newsletters. Catch up on what’s new and why it matters in just 5 minutes.Catch up on the day’s biggest business storiesSubscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.Sign…Continue Reading