Asia stocks and pound sag, May speech awaited for Brexit stance

Women, dressed in ceremonial kimonos, stand in front of an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in TokyoAsian stocks and the pound sagged on Tuesday ahead of a speech by British Prime Minister Theresa May that could have implications for broader risk sentiment. Media have reported that May, due to speak later on Tuesday, will lay out plan to exit the European Union that would see Britain lose access to the bloc's single market. Growing uncertainty over the policies of Donald Trump have also hurt equities, which had rallied in many parts of the world thanks to speculation that the U.S. President-elect would enact bold stimulus and reflationary measures once in office.



Gene Cernan, last astronaut to walk on the moon, dies at 82

Gene Cernan, last astronaut to walk on the moon, dies at 82Former astronaut Gene Cernan, who as the last person to walk on the moon returned to Earth with a message of "peace and hope for all mankind," died on Monday, his family said. He was 82. Cernan ...



Carroll: Sherman played 2nd half of season with knee injury

Seattle Seahawks cornerback Richard Sherman (25) tackles Atlanta Falcons wide receiver Julio Jones (11) during the second half of an NFL football divisional football game, Saturday, Jan. 14, 2017, in Atlanta. (AP Photo/John Bazemore)RENTON, Wash. (AP) — Seattle Seahawks cornerback Richard Sherman played the second half of the season with an injured knee, although he was never listed on any injury report.



Asked about sterling fall, BoE's Carney says it moves up and down

Bank of England Governor Mark Carney declined on Monday to say if the central bank would respond to the sharp fall in the pound, saying only that the value of sterling goes up and down. "The best I can say is that the value of the pound will go up and down," Carney said, after being asked a question about the outlook for the currency after delivering a speech at the London School of Economics. Carney also repeated his view that leaving the European Union has the potential to reinforce existing risks facing Britain's economy.
88 million tons a year: Auditors decry EU food waste

A worker removes expired food in a local supermarket in Brussels on Monday, Jan. 16, 2017. The European Court of Auditors has chided the European Union's executive branch in a report, "Combating Food Waste," that decries the bloc's lack of effort in reducing the food waste, estimating the EU wastes 88 million tons of food per year. (AP Photo/Geert Vanden Wijngaert)BRUSSELS (AP) — The sheer waste of food had been bothering teacher Marijke De Jongh for so long that two years ago she set up a pop-up restaurant to serve perfectly good groceries and meat that were approaching their expiry date.





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