David Barret

September 27, 2021 By Clara-Laeila Laudette MADRID (Reuters) -Spain’s Telefonica signed a multi-year deal with cloud-service provider Oracle to migrate most of its database systems to the cloud, the firms said on Monday, in preparation for the use of 5G and the Internet of Things (IoT). The telecoms operator, which already uses Oracle data systems, […]

September 27, 2021 By Stephanie Kelly NEW YORK (Reuters) -Oil prices gained for a fifth straight day on Monday, with Brent at its highest since October 2018 and heading for $80, as investors fretted about tighter supplies because of rising demand in parts of the world. Brent crude was up $1.38, or 1.8%, to $79.47 […]

September 27, 2021 By Sheila Dang (Reuters) – Facebook Inc will invest $50 million to partner with organizations to build the so-called metaverse https://ift.tt/38LSm63 – a digital world where people can move between different devices and communicate in a virtual environment – in a responsible manner, it said on Monday. Facebook, the world’s largest social […]

September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Boston Federal Reserve President Eric Rosengren announced on Monday that he will retire on Thursday, Sept. 30, citing a long-term health condition. Rosengren revealed that he qualified for the kidney transplant list in June of 2020 and wanted to make “lifestyle changes” to protect […]

September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Boston Federal Reserve President Eric Rosengren announced on Monday that he will retire on Thursday, Sept. 30, citing a long-term health condition. Rosengren revealed that he qualified for the kidney transplant list in June of 2020 and wanted to make “lifestyle changes” to protect […]

September 27, 2021 SAN SEBASTIAN (Reuters) – Women were the big winners at the final night of the San Sebastian Film Festival on Saturday, which saw American actress Jessica Chastain share the top acting prize with 16-year-old Danish actress Flora Ofelia Hofmann Lindahl. Romanian movie “Blue Moon” took the Golden Shell for best film at […]

September 27, 2021 By Jonnelle Marte (Reuters) – The Federal Reserve may soon start to reduce the pace of its asset purchases if the economy continues to improve as expected, New York Federal Reserve Bank President John Williams said on Monday. It is clear there has been “substantial further progress” toward the Fed’s goal for […]

September 27, 2021 (Reuters) – The Tony Awards for Broadway theatre were handed out in New York on Sunday after a delay of more than a year caused by the coronavirus pandemic. Following is a list of winners in key categories. BEST PLAY “The Inheritance” BEST MUSICAL “Moulin Rouge! The Musical BEST REVIVAL OF A […]

September 27, 2021 WASHINGTON (Reuters) – The Commodity Futures Trading Commission (CFTC) on Monday said Citigroup had agreed to pay $1 million to settle charges it violated swap data reporting rules and supervision rules, and breached a previous CFTC settlement agreed in 2017. That 2017 order found Citigroup’s broker-dealer failed to report certain swap data, […]

September 27, 2021 By Muvija M (Reuters) – Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry. Odeon said on Monday it has sold more than 175,000 […]

September 27, 2021 By Alan Baldwin LONDON (Reuters) – Lewis Hamilton could stretch his record tally of race wins to 120 after becoming the first Formula One driver to reach a century, the sport’s managing director Ross Brawn said on Monday. The seven-times world champion, who will turn 37 in January, has two more seasons […]

September 27, 2021 By Huw Jones LONDON (Reuters) – Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance on Britain after Brexit is feasible, a senior Deutsche Boerse official said on Monday. The European Union is due to decide by year-end on how to shift clearing in euro denominated […]

September 27, 2021 By Richard Cowan WASHINGTON (Reuters) – The U.S. Congress faces a pair of approaching deadlines to fund the government and address the nation’s $28.4 trillion debt ceiling that will require tricky maneuvering by President Joe Biden’s Democrats over the next few weeks. First up is the Sept. 30 deadline to continue funding […]

September 27, 2021 By Jessica DiNapoli NEW YORK (Reuters) -FedEx Corp investors approved billionaire Chief Executive Fred Smith’s $54 million pay plan on Monday at the delivery company’s annual meeting, but rebuffed the corporate board’s recommendations on shareholder proposals on lobbying and outsize executive severance packages. Investors approved by more than 50% non-binding proposals for […]

September 27, 2021 WASHINGTON (Reuters) – U.S. Speaker of the House of Representatives Nancy Pelosi said on Sunday the chamber will vote on passage of the $1 trillion infrastructure bill on Thursday. “Tomorrow, September 27, we will begin debate on the Bipartisan Infrastructure Framework on the Floor of the House and vote on it on […]

September 27, 2021 (Corrects paragraph 6 to show it’s the Texas Secretary of State’s office, not Attorney General Ken Paxton, who ordered the audits. Drops reference to Paxton in paragraph 7) By Brad Brooks (Reuters) -Texas Governor Greg Abbott on Sunday defended his state’s upcoming audit of 2020 presidential election results in four counties, action […]

September 27, 2021 By Foo Yun Chee LUXEMBOURG (Reuters) -Alphabet unit Google on Monday blasted EU antitrust regulators for ignoring rival Apple as it launched a bid to get Europe’s second-highest court to annul a record 4.34-billion euro ($5.1 billion) fine related to its Android operating system. Far from holding back rivals and harming users, […]

September 27, 2021 By Humeyra Pamuk WASHINGTON (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Sunday set a vote on the $1 trillion bipartisan infrastructure bill for Thursday and voiced confidence it would pass. Debate on the legislation, which passed the Senate with Democratic and Republican support on Aug. 10 and would help fund […]

September 27, 2021 By Jason Lange WASHINGTON (Reuters) – Washington is racing to avert a partial government shutdown that could lead to furloughs for hundreds of thousands of federal workers in the middle of a national health crisis. Barring a still-elusive political deal, funding for most federal agencies will expire at midnight on Thursday. Many […]

September 27, 2021 (Reuters) – Sharp falls in the stocks and bonds of China Evergrande Group have raised the spectre of losses for global asset managers with exposure to the embattled property developer. The below graphics show the exposure of asset managers to the Chinese firms stocks and bonds and how they have performed. On […]