| | | The Reuters Daily Briefing | Monday, January 10, 2022 by Linda Noakes | Hello Here's what you need to know. Putin claims victory in defending Kazakhstan from revolt, 19 people have died in a blaze in New York City, and stocks fall further as the U.S. yield climb unnerves investors | | | Today's biggest stories Emergency personnel respond to an apartment building fire in the Bronx borough of New York City, January 9, 2022. REUTERS/Lloyd Mitchell U.S. Nineteen people were killed, including nine children, and dozens were injured when a fire started by a malfunctioning space heater spread smoke through a low-income building in The Bronx borough of New York City.
Donald Trump's lawyers will today try to persuade a federal judge to throw out a series of lawsuits by Democratic lawmakers and two police officers alleging that the former president incited the deadly assault on the Capitol.
Republican Representative Jim Jordan, a close confidante of Trump, said he would not cooperate with a House committee investigating the attack.
Bob Saget, an actor and comedian best known as the jovial dad on the television sitcom 'Full House', was found dead in a hotel room in Orlando, Florida, at age 65.
Police in Los Angeles, California, pulled the pilot from a crash-landed Cessna seconds before the aircraft was hit by a train, sending debris flying in all directions.
| BUSINESS Stock markets struggled as U.S. Treasury yields reached a new two-year high and investors fretted about the prospect of rising interest rates and a surge in COVID-19 infections.
Emerging economies must prepare for U.S. interest rate hikes, the International Monetary Fund said, warning that faster than expected Federal Reserve moves could rattle financial markets and trigger capital outflows and currency depreciation abroad.
Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. BP, Royal Dutch Shell, TotalEnergies, Equinor and Eni are focusing on returning as much cash as possible to shareholders to keep them sweet as they begin a risky shift towards low-carbon and renewable energy.
Marked by devastating hurricanes and cold snaps in the United States, 2021 proved the second-most costly year on record for the world's insurers, Munich Re said. Insured losses from natural catastrophes totalled around $120 billion, second only to the $146 billion in damages during the hurricane-ridden year of 2017.
Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said its sales soared 49% to a record high in 2021, as demand worldwide for luxury vehicles surged. The carmaker sold 5,586 vehicles to customers in more than 50 countries, the largest number in its 117-year history.
| | | | | | Video of the day Baby lost in Kabul airlift reunited with family Sohail Ahmadi was just two months old when he got separated from his parents during last August's evacuation of Kabul airport. Now he has been reunited with his Afghan family, which hopes he can be with his parents in the United States soon. | | Thanks for spending part of your day with us. | | | | | |