September 21, 2021 By Hideyuki Sano and Paulina Duran TOKYO/SYDNEY (Reuters) – Global stock markets grappled with contagion fears on Tuesday, sparked by troubles at China Evergrande as growing risks the property giant could default on its massive debt pile prompted investors to flee riskier assets. Asian markets were jittery in volumes thinned by public […]
S&P does not expect Beijing to provide any direct support to embattled Evergrande
September 21, 2021 SINGAPORE (Reuters) – S&P Global Ratings said it does not expect Beijing to provide any direct support to embattled China Evergrande Group, amid growing investor fears the property giant could default on its debt mountain as two repayment deadlines loomed. “We believe Beijing would only be compelled to step in if there […]
Oil prices advance amid U.S. supply tightness signals
September 21, 2021 TOKYO (Reuters) – Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande. Brent crude gained 52 cents or 0.7% to $74.44 a […]
Justin Trudeau projected to form Canada’s next government-CBC News projects
September 21, 2021 TORONTO (Reuters) – Canada’s ruling Liberal Party led by Prime Minister Justin Trudeau is set to for the next government, CBC News projected on Monday, after a tight election race. Elections Canada showed the Liberals leading in 146 electoral districts with only a small fraction of votes counted. STORY: MARKET REACTION: CAD/ […]
Tennis-Barty among first three qualifiers for WTA Finals
September 21, 2021 (Reuters) – Defending champion Ash Barty, world number two Aryna Sabalenka and French Open champion Barbora Krejcikova have all qualified for the season-ending WTA Finals in Mexico, the WTA said on Monday. Five more singles players have yet to be named for the finals, which will be contested by the world’s top […]
Dollar holds gains, yuan under pressure as Evergrande risks grow
September 21, 2021 By Kevin Buckland TOKYO (Reuters) – The offshore yuan wallowed near an almost one-month low on Tuesday while the safe-haven dollar and yen stood tall as investors sought shelter from a potential China Evergrande default. The New Zealand dollar also sank after the central bank’s assistant governor poured cold water on bets […]
Iowa farm services firm: systems offline due to cybersecurity incident
September 21, 2021 By Karl Plume and Christopher Bing CHICAGO (Reuters) -Iowa-based farm services provider NEW Cooperative Inc said on Monday its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage elevators in the top U.S. corn producing state, buys crops […]
No Iran nuclear deal ministers’ meeting at U.N., says EU’s Borrell
September 21, 2021 NEW YORK (Reuters) – Ministers from Britain, China, France, Germany and Russia will not meet with Iran on the sidelines of the annual gathering of world leaders at the United Nations this week, European Union foreign policy chief Josep Borrell told reporters on Monday. (Reporting by Michelle Nichols; Editing by Muralikumar Anantharaman) […]
France says needs clarifications, explanations from U.S. after submarine deal
September 21, 2021 NEW YORK (Reuters) – France’s foreign minister said on Monday that the United States would need to give France explanations and clarifications when United States President Joe Biden and his French counterpart Emmanuel Macron speak later this week. Speaking to reporters in new York, Jean-Yves Le Drian said the United States also […]
Buckle up: Cambodian students build manned drone to aid community
September 21, 2021 By Prak Chan Thul PHNOM PENH (Reuters) – Inspired at first by a desire to beat their city’s notorious traffic, a group of Cambodian students have designed a prototype drone that they hope can eventually be used to ferry people around Phnom Penh and even help fight fires. With eight propellers and […]
China Evergrande fears consume investors awaiting trading
September 21, 2021 NEW YORK/BOSTON/HONG KONG (Reuters) – Anxiety over the prospect of China Evergrande Group defaulting on its mountain of debt gripped investors on Tuesday ahead of two repayment deadlines, with much still unknown about the potential risks to banks in China and global markets. A major test comes this week, with Evergrande due […]
U.S. Democratic Party ramps up Virginia spending ahead of Nov. governor’s election
September 21, 2021 By Jason Lange WASHINGTON (Reuters) – The fundraising arm of the Democratic Party boosted cash transfers to its Virginia state affiliate in August as the party seeks to hold on to the state’s governorship in a closely fought Nov. 2 election. A campaign finance disclosure filed on Monday showed the Democratic National […]
Exclusive-Netflix offers free plan in Kenya to entice new subscribers
September 20, 2021 By Lisa Richwine LOS ANGELES (Reuters) – Netflix Inc on Monday began offering a free mobile plan with about one-quarter of its TV shows and movies in Kenya, a strategy aimed at sparking growth in a key African market, the company told Reuters. The free plan is available on Android mobile phones […]
VC Mark Suster: “The bet we’re making now is on founder skills,” not customers or products
We recently caught up with longtime VC Mark Suster of L.A.-based Upfront Ventures, which last raised both an early-stage fund and a growth stage fund several years ago and, according to regulatory filings, is in the market right now, though Suster couldn’t discuss either owing to SEC regulations. We did talk about a wide range […]
MIT study finds Tesla drivers become inattentive when Autopilot is activated
By the end of this week, potentially thousands of Tesla owners will be testing out the automaker’s newest version of its “Full Self-Driving” beta software, version 10.0.1, on public roads, even as regulators and federal officials investigate the safety of the system after a few high-profile crashes. A new study from the Massachusetts Institute of […]
Republican Party operatives charged with arranging illegal Trump campaign contribution
September 20, 2021 By Jan Wolfe WASHINGTON (Reuters) – U.S. prosecutors on Monday unsealed criminal charges against two longtime Republican Party operatives, accusing them of illegally funneling a foreign campaign contribution to former President Donald Trump in 2016. According to an indictment unsealed in federal court in the District of Columbia, Jesse Benton and Doug […]
Cricket-Security tightened around NZ women’s team in England after threat
September 20, 2021 (Reuters) – Security has been tightened around New Zealand’s women’s cricket team after a threat was received ahead of a one-day international against England in Leicester on Tuesday. England earlier withdrew their men’s and women’s teams from next month’s tour of Pakistan, three days after New Zealand abandoned their tour of the […]
Sport-Charity launches campaign to tackle dementia on World Alzheimer’s Day
September 20, 2021 (Reuters) – Former players and coaches across sport have joined a campaign by British dementia charity Alzheimer’s Society to tackle the stigma around the neurodegenerative disease and support people affected by the condition on World Alzheimer’s Day on Tuesday. The Sport United Against Dementia (SUAD) campaign aims to increase the awareness and […]
Easing restrictions will boost U.S. airlines but business travel still unclear
September 20, 2021 By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines will benefit from the Biden administration’s decision https://ift.tt/3o5Wqr1 on Monday to reopen the country to fully-vaccinated air travelers from around the world, experts said, but the outlook for lucrative business travel was less certain. Lifting restrictions will allow tens of thousands of foreign […]
France to host international conference on Libya on Nov. 12 – minister
September 20, 2021 PARIS (Reuters) – France will host an international conference on Libya in November as the country prepares for elections at the end of December, Foreign Minister Jean-Yves Le Drian said on Monday. Co-hosted with Germany and Italy, Le Drian said the conference would take place on Nov. 12 and was aimed at […]
