Business Highlights: Holiday shopping, Christmas markets

business highlights holiday shopping christmas markets

Sumary of Business Highlights: Holiday shopping, Christmas markets:

  • Shoppers, already fatigued with pandemic-induced social distancing policies and other setbacks, may get grumpy if they can’t find the help they need at the stores, or can’t find their top choice item.
  • ___ Europe’s Christmas markets warily open as COVID cases riseFRANKFURT, Germany (AP) — Some of Europe’s Christmas markets are warily opening amid surging coronavirus infections.
  • ___Global stocks mixed after Fed says ready to act on inflationBEIJING (AP) — Global stock markets are higher after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation.
  • Notes of the Fed’s October policy meeting showed officials said they “would not hesitate” to respond to inflation.
  • ___Russia: Death toll in Siberian coal mine blast raised to 52MOSCOW (AP) — Russian officials say 52 miners and rescuers have died after a devastating blast in a Siberian coal mine about 250 meters (820 feet) underground.
  • The state Tass and RIA-Novosti news agencies cited emergency officials as saying that there was no chance of finding any more survivors.
  • The Interfax news agency cited a representative of the regional administration who also put the death toll from Thursday’s fire at 52, while 239 were rescued.
  • Ernest Ray’s attorney says the case illustrates a radically dysfunctional bureaucracy at the agency, which recently has come under sharp criticism for its shaky response to the surge in jobless claims during the coronavirus pandemic.

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