September 22, 2021 BRUSSELS (Reuters) – Europe’s second-highest court on Wednesday rejected French telecoms provider Altice’s challenge against a 125-million-euro ($146.7 million) fine imposed by EU antitrust regulators for closing its PT Portugal deal early six years ago. The Luxembourg-based General Court however reduced the fine by 6.22 million euros because Altice had told the […]
DiCaprio invests in cultivated meat start-ups Mosa Meat, Aleph Farms
September 22, 2021 (Reuters) – U.S. actor Leonardo DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa Meat, the two cultivated meat start-ups said in a statement on Wednesday. “Mosa Meat and Aleph Farms offer new ways to satisfy the world’s demand for beef, while solving some of the most […]
Mojo, a men’s sexual health startup that’s pushing therapy not pills, gets $4.4M seed
A number of sexual health startups have spun up in recent years offering men discreet help with the awkward issue of erectile dysfunction. Companies like Numan and Roman. But ‘help’ in this context usually means making it easier to get hold of drugs like Viagra. UK-based startup Mojo has been taking a different tack. It’s […]
Pakistan minister says threat to NZ cricket team originated in India
September 22, 2021 ISLAMABAD (Reuters) – A threat to New Zealand’s cricket team that prompted them to call off a tour of Pakistan came in an email that originated in India, Pakistan’s information Minister said on Wednesday. New Zealand’s cricket squad arrived home on Wednesday after abandoning their tour of Pakistan last week citing a […]
Shots fired at car carrying Ukraine president’s aide; driver wounded
September 22, 2021 KYIV (Reuters) -A volley of shots was fired at a car carrying Ukrainian President Volodymyr Zelenskiy’s principal aide on Wednesday morning, wounding the driver in what a senior official called an assassination attempt. More than 10 bullets hit the car near the village of Lesnyky outside the capital Kyiv, a police statement […]
Aussie perks up as Evergrande relief lifts investor sentiment
September 22, 2021 By Hideyuki Sano TOKYO (Reuters) – The Australian dollar jumped and the safe-haven yen eased slightly on Wednesday after struggling Chinese property giant Evergrande said it would make an upcoming bond coupon, allaying immediate fears about a messy corporate collapse. Some of the excitement fizzled, however, after traders realised it was still […]
Indigenous protestors seek Norwegian ‘asylum’ for Brazilian tree
September 22, 2021 BRASILIA (Reuters) – Indigenous activists delivered a Jatoba tree to Norway’s embassy in Brasilia on Tuesday, seeking “refugee” status for it in a symbolic protest against the destruction of Brazil’s Amazon rainforest. The protest coincided with Brazilian President Jair Bolsonaro at the United Nations General Assembly defending what he described as his […]
Czech president Zeman to be released from hospital on Wednesday
September 22, 2021 PRAGUE (Reuters) – Czech President Milos Zeman, 76, will be released from hospital on Wednesday after an eight-day stay. A spokeswoman for the Prague Central Military Hospital told Reuters in a text message Zeman would be discharged around 11 a.m. She did not give any details and did not respond to questions […]
Nigerians offer artworks to British Museum in new take on looted bronzes
September 22, 2021 By Tife Owolabi and Estelle Shirbon BENIN CITY, Nigeria (Reuters) – A new guild of artists from Nigeria’s Benin City has offered to donate artworks to the British Museum in London as a way to encourage it to return the priceless Benin Bronzes that were looted from the city’s royal court by […]
Germany’s Ifo institute cuts 2021 GDP growth forecast to 2.5%
September 22, 2021 BERLIN (Reuters) – Germany’s Ifo economic institute said on Wednesday it cut its growth forecast for Europe’s largest economy for this year as supply chain disruptions and scarcity of intermediate goods are slowing down the recovery from the COVID-19 pandemic. The Ifo institute now sees Germany’s gross domestic product (GDP) to grow […]
Divided Swiss to vote on same-sex marriage after fraught campaign
September 22, 2021 By Silke Koltrowitz, Brenna Hughes Neghaiwi and Cecile Mantovani ZURICH (Reuters) – Swiss voters decide on Sunday whether to allow same-sex couples to wed and adopt children after a highly charged campaign pitted gay rights activists against traditionalists in one of the last Western European countries to still ban gay marriage. The […]
Northern Irish police arrest two more over killing of journalist Lyra McKee
September 22, 2021 DUBLIN (Reuters) – Northern Irish police on Wednesday arresed two more men in relation to the 2019 killing of journalist Lyra McKee in Londonderry, whose death caused outrage in the British-run province. The men, aged 24 and 29, were arrested under the Terrorism Act by officers investigating McKee’s murder, police said. The […]
Canaries volcano lava gushes towards sea, eruption goes on
September 22, 2021 LA PALMA, Spain (Reuters) – Lava poured from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, blanketing houses and fields, a day after people with homes on the path of the molten rock were allowed back briefly to recover belongings. Towers of magma burst […]
London Stock Exchange calls time on CurveGlobal derivatives arm
September 22, 2021 LONDON (Reuters) – The London Stock Exchange Group said it will shut its five-year old derivatives trading arm CurveGlobal after failing to win sufficient market share in interest rate futures from long-established rivals. CurveGlobal sought to win business in a sector dominated by entrenched rivals Deutsche Boerse and ICE. The LSE said […]
India may let foreign investors buy up to 20% in LIC IPO- source
September 22, 2021 (This Sept. 8 story corrects first paragraph to show plan refers to purchases in the IPO, not of the company) By Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – The Indian government is considering allowing foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation’s initial public offering, […]
ECB to mull upping regular bond purchases after emergency scheme: Bloomberg
September 22, 2021 FRANKFURT (Reuters) – The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday. “I realise that it would be a problem if there is a very sharp cliff effect at the end of […]
Bundesbank says Germany’s banking system strong despite pandemic
September 22, 2021 BERLIN (Reuters) – Germany’s banking system is still robust despite a year and half of the COVID-19 pandemic but the crisis is not over yet, Bundesbank board director Joachim Wuermeling said on Wednesday. Wuermeling said the Bundesbank will restore normal regulatory requirements for banks but will make sure not to overburden lenders, […]
Hai Robotics picks up $200M for its warehouse robot
Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, […]
Polish court to rule on primacy of EU law amid tensions with Brussels
September 22, 2021 WARSAW (Reuters) – Poland’s Constitutional Tribunal could rule on Wednesday on whether the country’s constitution or European Union treaties take precedence, a key judgement which an EU commissioner said was holding up the release of EU funds to Warsaw. Poland is involved in a series of disputes with the EU on issues […]
Indonesia to use “existing laws” as palm oil moratorium expires
September 22, 2021 JAKARTA (Reuters) – Indonesia will use existing laws in a jobs creation bill passed last year to deal with issues around sustainable palm oil production, a senior official said on Wednesday, after a moratorium on new plantation permits recently ended. The Southeast Asian country, the world’s top palm oil producer, launched the […]