September 16, 2021 LONDON (Reuters) – British retailer Marks & Spencer said it would close all 11 franchise stores with partner SFH in France over the coming months after new trade rules in place since Britain left the European Union hit product availability. The group said nine franchise stores with partner Lagardere Travel Retail continue to […]
Russia’s Putin says he will be in COVID-19 self-isolation “a few days”
September 16, 2021 MOSCOW (Reuters) -Russian President Vladimir Putin said on Thursday he would have to spend “a few days” in self-isolation after dozens of people in his entourage fell ill with COVID-19, the TASS news agency reported. Putin was speaking via a video link at a summit of a Russia-led security bloc being held […]
Taliban deny their deputy prime minister, Mullah Baradar, is dead
September 16, 2021 (Corrects spelling of name in paragraph 2) (Reuters) -The Taliban have denied that one of their top leaders has been killed in a shootout with rivals, following rumours about internal splits in the movement nearly a month after its lightning victory over the Western-backed government in Kabul. Suhail Shaheen, a Taliban spokesman, […]
Australia, UK and U.S. to ‘engage’ with IAEA over nuclear submarines
September 16, 2021 By Francois Murphy VIENNA (Reuters) – Australia, Britain and the United States have informed the U.N. atomic watchdog of their new security partnership that will help Australia acquire nuclear submarines, and both sides plan to “engage” over the coming months, the watchdog said on Thursday. The International Atomic Energy Agency is tasked […]
‘A fantasy’ to think U.N. can fix Afghanistan, Guterres says
September 16, 2021 By Michelle Nichols and Mary Milliken UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio Guterres on Wednesday said any suggestion the world body can solve Afghanistan’s problems is “a fantasy” and that its capacity to mediate for a more inclusive Taliban government is limited. Asked in an interview with Reuters a month […]
Tennis-Lengthy toilet breaks may soon be thing of the past
September 16, 2021 By Sudipto Ganguly MUMBAI (Reuters) – Inordinately long toilets breaks or medical timeouts at critical moments could soon be a thing of the past in men’s tennis with the ATP Tour planning to impose stricter rules, a source at the men’s governing body told Reuters. The practice has long been a bugbear […]
Column: With or without you – ‘ExChina’ in vogue?
September 16, 2021 By Mike Dolan LONDON (Reuters) – If China becomes too difficult to price in wider investment indices due to Beijing’s unfolding regulatory crackdown on some of the country’s leading companies, the emerging markets universe may see some seismic shifts. That’s not to say there’s any rush to exit China so far – […]
Amazon to more than double payroll in Spain to 25,000 by 2025
September 16, 2021 TOLEDO, Spain (Reuters) – U.S. online retail giant Amazon will more than double its payroll in Spain to 25,000 workers by 2025 from 12,000 last year, Mariangela Marsiegla, Amazon’s vice president and general manager for Spain and Italy, said on Thursday. She added Amazon will raise the number of its logistics centres […]
VW’s Skoda to stop production at Czech plants for a week due to chip shortage
September 16, 2021 PRAGUE (Reuters) – Czech car maker Skoda Auto, part of the Volkswagen group, will halt production at its domestic plants for a week at the end of September due to chip shortages, its union head said in a union newsletter on Thursday. From delayed car deliveries to a supply shortfall in home […]
European stocks rise on Wall Street support, travel shares jump 3%
September 16, 2021 (Reuters) – European stocks rose on Thursday as a rebound in travel stocks and overnight strength in Wall Street helped offset concerns about China’s slowing economy that dragged down miners. The pan-European STOXX 600 index rose 0.7%, bouncing off a six-week closing low hit in the previous session. Travel & leisure jumped […]
Over 40% of UK companies face recruitment difficulties – ONS
September 16, 2021 LONDON (Reuters) – British businesses have reported a sharp rise in recruitment difficulties over the past month, with 41% of companies with 10 or more staff reporting challenges in the two weeks to Sept. 5, up from 32% in early August, official figures showed. The Office for National Statistics said on Thursday […]
French hospital worker: I’m on hunger strike over vaccine mandate
September 16, 2021 By Eric Gaillard NICE, France (Reuters) – A French hospital worker has said he is on hunger strike to protest against a government rule that healthcare workers will be suspended if they are not vaccinated against COVID-19. Thierry Paysant, a fire safety officer with the public hospital system in Nice, southern France, […]
France says Biden acted like Trump to sink Australia defence deal
September 16, 2021 By John Irish and Michel Rose PARIS (Reuters) -France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a lucrative defence deal that it had signed with Australia for submarines. The United States, Britain and […]
Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris
Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities, […]
Gogoro will go public on Nasdaq after $2.35B SPAC deal
One of Gogoro’s battery swapping station Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The deal sets Gogoro’s enterprise valuation at $2.35 billion and is targeted […]
ECB’s Rehn warns governments to count on higher rates
September 16, 2021 HELSINKI (Reuters) – Finland’s central bank raised its 2021 growth estimate on Thursday and warned that even if a rate hike is still far into the future, governments should prepare for the eventual rise in borrowing costs. Thanks to growing vaccination rates and supportive economic policy, the central bank sees Finland’s gross […]
Environmentalists urge extension of Indonesia palm permit moratorium
September 16, 2021 JAKARTA (Reuters) – Green groups on Thursday urged Indonesia to extend a moratorium on new palm oil permits and improve its implementation, warning of a risk of losing millions of acres of forest to plantation expansion. Indonesia, the world’s top palm oil producer, launched the moratorium in September 2018 to try to […]
Australia’s two largest states trial facial recognition software to police pandemic rules
September 16, 2021 By Byron Kaye SYDNEY (Reuters) – Australia’s two most populous states are trialling facial recognition software that lets police check people are home during COVID-19 quarantine, expanding trials that have sparked controversy to the vast majority of the country’s population. Little-known tech firm Genvis Pty Ltd said on a website for its […]
Lagardere share price jumps 20% after Vivendi increases stake
September 16, 2021 PARIS (Reuters) – Shares in France’s Lagardere surged 20% on Thursday after media group Vivendi said it would buy another stake in the company, paving the way for a full takeover. Canal+ owner Vivendi, which already owns 27% of Lagardere, said it had agreed to buy Amber Capital’s 17.9% holding for 24.10 […]
Marketmind: When the Dragon sneezes, Europe catches a cold
September 16, 2021 A look at the day ahead from Danilo Masoni. As pressure builds on China’s tech and real estate moguls and its economic growth falters, markets worldwide are starting to get uneasy. But it’s Europe, with its export-oriented economy and supercharged luxury stocks reliant on affluent Asian shoppers, which is likely to feel […]
