October 8, 2021 ATHENS (Reuters) – Greece’s annual EU-harmonised inflation stayed positive for a fourth straight month in September, data from the country’s statistics service ELSTAT showed on Friday. The reading was 1.9% year-on-year from 1.2% in August. EU-harmonised inflation is an index of components that is used across the EU to measure inflation in […]
One month on, El Salvador’s bitcoin use grows but headaches persist
October 8, 2021 By Wilfredo Pineda and Nelson Renteria EL ZONTE, El Salvador (Reuters) – A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars sent daily by migrants using the cryptocurrency. But only a […]
Investors pile into cash and TIPS in week to Wednesday – BofA
October 8, 2021 LONDON (Reuters) – Investors ploughed $14.9 billion into cash in the week to Wednesday and snapped up $1.8 billion of inflation protected U.S. Treasuries as markets suffered a major sell off, a round-up by BofA on flow number based on EPFR data showed on Friday. Fixed income markets attracted the smallest weekly […]
French minister Beaune: French fishermen must not pay for UK’s Brexit failure
October 8, 2021 PARIS (Reuters) – French European Affairs Minister Clement Beaune said on Friday that French fishermen must not pay for the failure of Britain’s exit from the European Union. “They failed on Brexit. It was a bad choice. Threatening us, threatening our fishermen, will not settle their supply of turkey at Christmas,” Beaune […]
In China, 19.9% of households believe home prices will rise in Q4 – central bank survey
October 8, 2021 (Corrects to “rise in Q4” from “fall in Q4” in headline) BEIJING (Reuters) – Almost 20% of households in China believe the prices of homes will rise in the fourth quarter of the year, the central bank said in a survey report on Friday. The survey said 19.9% of households believed home […]
UK consumer confidence slides as inflation worry mounts: Bank of America
October 8, 2021 LONDON (Reuters) -British consumer morale has fallen to its lowest since February, when the country was under heavy COVID-19 restrictions, due to worries about the economic outlook and about rising prices, a Bank of America report showed on Friday. The survey chimed with other gauges of consumer confidence in Britain that have […]
Journalists in the Philippines and Russia win 2021 Nobel Peace Prize
October 8, 2021 OSLO (Reuters) -Two journalists whose work has angered the authorities in Russia and the Philippines were awarded the Nobel Peace Prize on Friday, honouring the right to free speech which the prize-giving committee described as under threat around the globe. Maria Ressa and Dmitry Muratov were given the award “for their courageous […]
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 […]
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. The new internal combustion engine (ICE) exceeds the Briton’s allocation of three for the season, triggering the penalty. Hamilton is two […]
Indonesia’s new carbon tax signals higher power costs amid calls for clarity
October 8, 2021 By Fathin Ungku and Bernadette Christina SINGAPORE/JAKARTA (Reuters) – Indonesia is set to become Asia’s fourth country to introduce a carbon tax but analysts expect opposition from industries that have warned of implementation problems and higher power costs that could undermine manufacturing competitiveness. The introduction of the tax is part of an […]
Congo’s $6 billion China mining deal ‘unconscionable’, says draft report
October 8, 2021 By Aaron Ross and Helen Reid DAKAR (Reuters) – Democratic Republic of Congo should renegotiate its $6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies and activists. The draft, seen by Reuters, describes the deal that was first […]
Kristen Stewart brings Princess Diana film ‘Spencer’ to London
October 8, 2021 By Hanna Rantala LONDON (Reuters) – American actress Kristen Stewart premiered drama “Spencer” at the London Film Festival on Thursday, saying she was excited to bring her portrayal of the late Princess Diana to British audiences. The 31-year-old has won rave reviews for her performance in the movie. Set over three days, […]
Column: Rate trap? BoE and sterling snared by rate frenzy
October 8, 2021 By Mike Dolan LONDON (Reuters) – If the Bank of England is bluffing on its rate raising plans, it increasingly risks triggering a trap door for sterling. All central banks are at a tricky point, gradually accepting that ‘transient’ post-pandemic inflation will last longer than first thought as winter energy costs heat […]
Stitches represent scars in Beirut blast survivor’s art show
October 8, 2021 By Marine Strauss BRUSSELS (Reuters) – Palestinian artist Majd Abdel Hamid, a survivor of the 2020 Beirut blast, has opened his first solo show in Brussels this month, with displays of embroidery and video installations to convey the passage of time. Born in Syria and now based in Beirut, 33-year-old visual artist […]
Telecom Italia to partner with Oracle to offer cloud services in Italy
October 8, 2021 MILAN (Reuters) – Telecom Italia (TIM) and its unit Noovle have signed a partnership with business software maker Oracle to offer cloud services in Italy, the three companies said in a joint statement on Friday. Under the partnership, the firms will offer services to enterprises and public entities to implement a so-called […]
Britain says exact date on U.S. travel reopening still not known
October 8, 2021 LONDON (Reuters) – Britain’s transport minister Grant Shapps said on Friday there was still no exact date for when the United States would open for travellers from the United Kingdom, beyond guidance of early November. The lack of clarity on the U.S. opening is one of the final barriers remaining for UK […]
Odeon sells 1 million James Bond tickets in Britain and Ireland
October 8, 2021 LONDON (Reuters) – Just over 1 million tickets have been sold for the latest James Bond movie at Odeon cinemas in Britain and Ireland, the chain said on Friday, in the latest sign that “No Time to Die” is helping boost a sector hit badly by COVID-19 closures. The latest instalment is […]
Exclusive-Erdogan is cooling on his latest central bank chief, sources say
October 8, 2021 By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkish President Tayyip Erdogan is losing confidence in central bank governor Sahap Kavcioglu, less than seven months after he sacked his predecessor, and the two have communicated little in recent weeks, three sources familiar with the matter said. The sources, who requested anonymity […]
Japan eyes support for chip plant construction with extra budget -Kyodo
October 8, 2021 TOKYO (Reuters) – Japan’s government was considering spending hundreds of bilions in yen to support the construction of semiconductor plants with a stimulus budget for the current fiscal year, Kyodo News reported on Friday. Prime Minister Fumio Kishida instructed his cabinet earlier in the day to compile an economic package to ease […]
Ukrainian lawmaker on anti-corruption panel dies in taxi
October 8, 2021 KYIV (Reuters) -A young Ukrainian lawmaker involved in a probe into corruption in the defence sector fell ill and died in a taxi in Kyiv on Friday morning after what prosecutors said was a heart attack. Anton Poliakov, 33, belonged to the “For the Future” party, having defected from the ruling “Servant […]
