October 8, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Lawyers who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva violated World Bank staff rules by failing to notify her that she was a subject of the probe and by not allowing her to respond to its findings, Georgieva’s attorney […]
Canada posts massive jobs gain; employment back to pre-pandemic levels
October 8, 2021 By David Ljunggren OTTAWA (Reuters) -The Canadian economy posted a monster jobs gain in September, pushing employment back to its pre-pandemic levels, and the jobless rate hit an 18-month low, Statistics Canada data indicated on Friday. Analysts said the figures showed the recovery from the COVID-19 pandemic was gaining pace but predicted […]
UN passes resolution making clean environment access a human right
October 8, 2021 GENEVA (Reuters) – The U.N. Human Rights Council comfortably passed a resolution on Friday that recognises access to a safe and healthy environment as a fundamental right despite criticism in the lead-up to the vote from Britain, the United States and other countries. The resolution, proposed by Costa Rica, the Maldives, Morocco, […]
U.N. ends Yemen war crimes probe in defeat for Western states
October 8, 2021 (This October 7 story has corrected first name of Dutch ambassador to Paul Bekkers not Peter Bekker in 6th paragraph) By Stephanie Nebehay GENEVA (Reuters) – Bahrain, Russia and other members of the U.N. Human Rights Council pushed through a vote on Thursday to shut down the body’s war crimes investigations in […]
Police investigate after Ukrainian lawmaker, 33, dies in taxi
October 8, 2021 KYIV (Reuters) -Ukrainian police opened an investigation on Friday after a young lawmaker fell ill and died in a taxi in the capital Kyiv following what prosecutors said was a heart attack. However, the head of Kyiv’s police said it was most likely that Anton Poliakov, 33, had died of natural causes. […]
India’s TCS posts 29% jump in profit on pandemic-led digitisation demand
October 8, 2021 BENGALURU (Reuters) – India’s top software exporter Tata Consultancy Services Ltd reported about 29% jump in quarterly profit on Friday, boosted by a pandemic-led demand for digitisation from businesses. Consolidated net profit rose to 96.24 billion rupees ($1.28 billion) in the three months to Sept. 30, from 74.75 billion rupees a year […]
U.S. fed funds futures fully price in rate hike by December 2022 after payrolls
October 8, 2021 NEW YORK (Reuters) – Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November or December next year despite a U.S. payrolls report that came in way below expectations. The fed funds market showed a […]
U.S. bond funds see lowest weekly inflow in 2-1/2 months on inflation fears, Lipper says
October 8, 2021 (Reuters) – Money inflows into U.S. bond funds dropped in the week to Oct. 6 as a surge in energy prices drove inflationary pressures, with worries over the U.S. debt ceiling capping inflows for shorter-term bonds. Investors purchased a net $727 million in U.S. bond funds in the week to Oct. 6, […]
U.S. job growth slows sharply in September
October 8, 2021 (Reuters) -U.S. employment increased far less than expected in September amid a decline in government payrolls, but hiring could pick up in the months ahead as COVID-19 infections subside and people resume the search for work. LINK TO STORY: MARKET REACTION: STOCKS: S&P e-mini futures initially dipped, but then recovered and were […]
Chinese ex-journalist detained on suspicion of defaming war heroes
October 8, 2021 By Gabriel Crossley BEIJING (Reuters) – A Chinese former journalist whose work exposed official corruption has been detained by police on suspicion of insulting “heroes and martyrs” of the Korean War after comments he made about a patriotic film, state media reported. According to screenshots of a social media post that can […]
U.S., UK, Norway urge end to blockades in eastern Sudan
October 8, 2021 WASHINGTON (Reuters) – The United States, United Kingdom and Norway on Friday called for an end to blockades of port and transportation infrastructure in eastern Sudan. The so-called Troika countries in a joint statement backed the civilian-led transitional government in urging political talks to resolve protests in the east that they said […]
Greece promises investigation into migrant pushback accusations
October 8, 2021 BRUSSELS (Reuters) -Greece said on Friday it would investigate reports that some of its officials were illegally pushing back migrants at the border, a day after Brussels pressed it to look into the accusations. Several European media outlets reported this week that Greek and Croatian officials were illegally and sometimes violently pushing […]
Trump’s Final Numbers
Summary The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers. The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%. Paychecks grew faster than inflation. Average […]
Alpha Paw brings in $5.2M to carve out its niche in the pet wellness space
Pets continue to be big business, and Alpha Paw is the latest to draw investor attention. The Austin-based company raised $5.2 million in Series A funding, led by Nordic Eye, after bootstrapping for the past three years. CEO Ramon van Meer took over the company in 2018 via an acquisition and is working with his […]
Guestio brings podcasters closer to their next big ‘get’
Guestio closed on $1.5 million in seed funding for its platform that simplifies the booking process for podcasts. Founder and CEO Travis Chappell said users can go on the platform and book guests for their shows at the click of a button in all kinds of topics and with shows big or small. Chappell is […]
Adele says she wrote upcoming album for her son
October 8, 2021 LONDON (Reuters) – Adele said she recorded her upcoming fourth album to explain her divorce to her young son, as the British singer prepares to make her musical comeback. In what Vogue magazine said was her first interview in five years, the singer-songwriter described the record, which follows her 2015 Grammy Award-winning […]
Motor racing-Hamilton to take grid drop in Turkey after engine change
October 8, 2021 ISTANBUL (Reuters) -Seven-times Formula One world champion Lewis Hamilton will take a 10-place grid penalty for the Turkish Grand Prix after Mercedes changed the engine on his car on Friday amid reliability concerns. The new internal combustion engine (ICE) exceeds the Briton’s allocation of three for the season, triggering the penalty. Hamilton […]
Bank of England targets ‘failures’ in banks’ trading books
October 8, 2021 By Huw Jones LONDON (Reuters) – Banks must show from 2025 how their trading operations could be shut down in a crisis without spreading contagion across markets, the Bank of England proposed on Friday. Since the global financial crisis in 2008-09, banks must have plans vetted by regulators showing how collapsing operations […]
Japanese octogenarian skateboarder learns new tricks
October 8, 2021 By Akira Tomoshige OSAKA, Japan (Reuters) – Yoshio Kinoshita is living proof that you can teach an old dog new tricks. The 81-year-old rides the ramps at his local skate park in the city of Osaka almost every morning, picking up tips from skateboarders decades younger than him. “They are all my […]
Singapore-based Shopee to launch online in Spain, social media account says
October 8, 2021 By Fanny Potkin SINGAPORE (Reuters) – Shopee, the e-commerce arm of Southeast Asia’s Sea Ltd, plans to launch online sales in Spain via its website and local apps, according to a social media account run by the company. The Shopee Spain account on Instagram carried a post on Friday that said Singapore-headquartered […]
