September 24, 2021 SYDNEY (Reuters) – Australian authorities need to tighten home loan standards to cool a red-hot housing market and reduce risks to the financial system, the IMF warned on Friday, while also calling for more action on climate change. In its regular assessment of Australia, the International Monetary Fund (IMF) cautioned that monetary […]
China Evergrande shares slide 6% in early trade
September 24, 2021 HONG KONG (Reuters) – Shares of cash-strapped China Evergrande fell as much as 6% in early trade on Friday, paring gains of nearly 18% the previous day as time ticked by on an interest payment deadline for the country’s most indebted developer. (Reporting By Anne Marie Roantree; Editing by Sam Holmes) Source […]
Analysis-Climate and COVID cast shadow over jet demand outlook
September 24, 2021 By Sarah Young, Conor Humphries and Tim Hepher LONDON/TOULOUSE (Reuters) – Jetmakers see strong demand for airliners even as the industry braces for tough new environmental measures, but some financiers have raised doubts over forecasts that the $150 billion industry will return to pre-COVID growth in just a few years. Lessors and […]
Trump allies Bannon, Meadows subpoenaed in Congress’ probe of Capitol riot
September 24, 2021 WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee investigating the deadly Jan. 6 riot at the Capitol has subpoenaed four former members of Donald Trump’s administration, including Mark Meadows and Steve Bannon, the panel’s chairman said on Thursday. Former White House Deputy Chief of Staff Dan Scavino and former Defense Department […]
Japan’s Sept manufacturing activity growth slows – flash PMI
September 24, 2021 TOKYO (Reuters) – Japan’s factory activity grew at the slowest pace in eight months in September as output and orders contracted, while that of the services sector remained in its downturn, underscoring the protracted impact of the coronavirus pandemic. The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index (PMI) slipped to […]
Mexico recovers missing manuscripts from 16th century sold at auction
September 24, 2021 By Raul Cortes MEXICO CITY (Reuters) – Mexico’s foreign ministry said on Thursday it had recovered valuable manuscripts from the 16th century, including some relating to conquistador Hernan Cortes, months after a group of academics reported them missing from Mexico’s national archives. In apparently systematic fashion, 10 documents were stolen over several […]
UK’s Sunak set to tighten financial regulations after Greensill scandal -FT
September 24, 2021 (Reuters) – British finance minister Rishi Sunak has ordered two immediate reviews of UK financial regulation related to the collapse of supply chain finance firm Greensill Capital, the Financial Times reported on Friday. In a letter to a parliamentary committee that issued a report in July related to Greensill’s collapse, Sunak said […]
Japan CPI stopped falling for first time in 13 months, still below BOJ target
September 24, 2021 By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices stopped falling for the first time in just over a year in August, government data showed, a source of solace for the central bank struggling to accelerate inflation towards its elusive 2% target. The Ministry of Internal Affairs and Communications data showed […]
Taiwan blasts ‘arch criminal’ China for Pacific trade pact threats
September 24, 2021 TAIPEI (Reuters) – China is an “arch criminal” intent on bullying Taiwan and has no right to oppose or comment on its bid to join a pan-Pacific trade pact, Taiwan’s government said in an escalating war of words over Taipei and Beijing’s decision to apply. Chinese-claimed Taiwan said on Wednesday it had […]
MLB to experiment with pre-tacked baseballs at Triple A
September 23, 2021 Major League Baseball will be experimenting with pre-tacked baseballs at a “handful” of Triple-A games over the final 1 ½ weeks of the minor league season. MLB executive vice president of baseball operations Morgan Sword told Baseball America on Thursday that select teams in the highest level of the minor leagues will […]
Australia treasurer warns of financial risks if net zero not adopted
September 23, 2021 By Renju Jose SYDNEY (Reuters) – Australia must brace for higher borrowing costs if the country fails to match other developed nations in efforts to cut carbon emissions to net zero by 2050, Treasurer Josh Frydenberg will say on Friday. “Australia has a lot at stake. We cannot run the risk that […]
Libya presidency council head plans to hold October conference
September 23, 2021 By Michelle Nichols UNITED NATIONS (Reuters) – The head of Libya’s presidency council said on Thursday he will hold an international conference in October to garner support for the country’s stability, warning that it faces “serious challenges” that could undermine planned December elections. Addressing the annual U.N. gathering of world leaders in […]
‘Death sentence’: low-lying nations implore faster action on climate at U.N
September 23, 2021 By Daphne Psaledakis and Michelle Nichols UNITED NATIONS (Reuters) – Faced with what they see as an existential threat, leaders from low-lying and island nations implored rich countries at the United Nations General Assembly this week to act more forcefully against a warming planet. The failure by developed economies to effectively curb […]
Bolsonaro says UK’s Johnson sought ’emergency’ food deal with Brazil
September 23, 2021 By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Jair Bolsonaro said on Thursday that British Prime Minister Boris Johnson, whom he met this week in New York, asked him for an “emergency” agreement to supply a food product that is lacking in Britain. Bolsonaro, speaking on his weekly webcast to supporters, […]
Golf-Rahm and Garcia to spearhead Europe Ryder Cup defence
September 23, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – World number one Jon Rahm and Sergio Garcia were chosen on Thursday to spearhead Europe’s Ryder Cup defence with captain Padraig Harrington sending out the Spanish duo in the opening foursomes to face Americans Justin Thomas and Jordan Spieth. In a clear indication Europe will […]
UK consumer morale wilts under cost-of-living crisis: GfK
September 23, 2021 LONDON (Reuters) – Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat about the economic outlook, a survey showed on Friday. The GfK Consumer Confidence Index fell to -13 in September from -8 in August, the […]
Costco limits roll towel, bottled water purchases again as COVID-19 cases surge
September 23, 2021 By Deborah Mary Sophia and Dania Nadeem (Reuters) -Membership-only retail chain Costco Wholesale Corp said on Thursday it was reinstating limits on purchases of key items including bath tissues, roll towels and bottled water, spurred by panic buying from customers amid rising COVID-19 cases. A resurgence in COVID-19 cases had led to […]
San Francisco raises Tesla ‘self-driving’ safety concerns as public test nears
September 23, 2021 By Hyunjoo Jin SAN FRANCISCO (Reuters) – San Francisco transport authorities on Thursday raised concerns about the safety record of Tesla’s advanced driver assistant system, as the electric car maker prepared a wide release of a test version of the software that works on city streets and highways. The San Francisco County […]
U.S. Commerce chief: more action to be taken on Huawei if needed
September 23, 2021 By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei if necessary, after some Republican lawmakers have pressed for more steps. Washington says Huawei is a national security threat on a variety of grounds and aggressively […]
McDonald’s restarts share buybacks as business recovers from pandemic hit
September 23, 2021 (Reuters) – McDonald’s Corp said on Thursday it would restart share buybacks and also increased its quarterly dividend by 7%, as the world’s largest fast food chain recovers from the impact of the COVID-19 pandemic. McDonald’s had suspended its $15 billion buyback program early last year as the burger chain looked to […]
