September 15, 2021 By Paul Sandle CAMBRIDGE, England (Reuters) -Britain’s Channel 4 will be able to access more money to compete with streaming giants Amazon and Netflix if it comes under private ownership, a minister said on Wednesday. Britain’s government said in June https://ift.tt/3Abtn8A it was planning to sell the publicly owned but commercially funded […]
UK inflation posts record jump to hit 9-year peak in August
September 15, 2021 By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s inflation rate hit its highest in almost a decade last month after a record jump that was largely fuelled by a rebound in restaurant prices which were artificially pushed down a year ago by government subsidies. Consumer prices in August rose by 3.2% […]
Exclusive-Lebanon to resume IMF talks, begin reforms, draft policy statement says
September 15, 2021 By Laila Bassam BEIRUT (Reuters) -The Lebanese government will resume negotiations with the International Monetary Fund while beginning reforms demanded by donors, according to a draft policy programme that aims to tackle one of the worst financial meltdowns in history. New Prime Minister Najib Mikati’s government will also resume negotiations with creditors […]
White House says ongoing discussion with China on Biden, Xi engagement
September 15, 2021 WASHINGTON (Reuters) – The White House on Wednesday said there was an ongoing discussion with Chinese leaders about future engagement by President Joe Biden and Chinese President Xi Jinping. Biden on Tuesday denied a media report https://ift.tt/3kg8gfP that his Chinese counterpart had turned down an offer from Biden for a face-to-face meeting […]
The FDA should regulate Instagram’s algorithm as a drug
Daniel Liss Contributor Share on Twitter Daniel Liss is the founder and CEO of Dispo, the digital disposable camera social network. More posts by this contributor Move fast and break Facebook: A bull case for antitrust enforcement The Wall Street Journal on Tuesday reported Silicon Valley’s worst-kept secret: Instagram harms teens’ mental health; in fact, […]
Afghan diplomats chide allies, call on world to deny Taliban recognition
September 15, 2021 By Phil Stewart WASHINGTON (Reuters) – A group of Afghan diplomats from the deposed government in Kabul has issued a first-of-its-kind joint statement calling on world leaders to deny the Taliban formal recognition and chiding them for “leaving our people at the mercy of a terrorist group.” The statement https://ift.tt/3tILv7a, which was […]
Xpeng-backed startup says to deliver flying cars in 2024
September 15, 2021 BEIJING (Reuters) – Xpeng Heitech, a flying car startup backed by electric vehicle maker Xpeng Inc, said on Wednesday that it would deliver flying cars to customers in 2024. The startup, founded in 2013 and funded by Xpeng and Xpeng’s Chief Executive He Xiaopeng, now employs 400 people and will expand workforce […]
U.S. antitrust regulator hints at tougher stance on Big Tech mergers
September 15, 2021 By Diane Bartz WASHINGTON (Reuters) -U.S. Federal Trade Commission staff presented data on Wednesday on small acquisitions by five big technology companies, and the agency scrapped guidelines on vertical mergers which combine a company with a supplier — both steps indicating plans to be tougher on deals. Following a study begun during […]
Pact with U.S., Britain, will see Australia scrap French sub deal-media
September 15, 2021 WASHINGTON (Reuters) -Australia, the United States and Britain are expected to jointly announce a new trilateral security partnership that will see Australia scrap a multi-billion dollar program to build French-designed submarines and build a nuclear-powered fleet with U.S. and British technology instead, Australian media reported. Australia’s ABC News, which cited no sources, […]
Engie narrows Equans suitors list to five – sources
September 15, 2021 PARIS (Reuters) – French utility Engie has selected five out of seven bidders for its Equans services unit and hopes to elicit binding offers in the coming weeks, two sources familiar with the matter said. The gas and power group is simplifying its sprawling structure, which includes a Belgian nuclear arm that […]
Tennis-Champions France to open Billie Jean King Cup defence against Canada
September 15, 2021 (Reuters) – Reigning champions France will kick off this year’s Billie Jean King Cup Finals in Prague against Canada on Nov. 1, with the final scheduled for Nov. 6, the International Tennis Federation said on Wednesday. Formerly called the Fed Cup, the women’s team competition featuring 12 nations was originally scheduled to […]
Vivendi paves way for Lagardere takeover with Amber stake buy
September 15, 2021 PARIS (Reuters) – French media conglomerate Vivendi said on Wednesday it had agreed to buy Amber Capital’s 17.9% stake in Lagardere, adding to its own holding and putting it in position to launch a takeover offer for the owner of Paris Match. Vivendi already owns 27% of Lagardere, and its stake will […]
Canada inflation hits 18-year-high with election just days away
September 15, 2021 By Julie Gordon OTTAWA (Reuters) -Canada’s annual inflation rate accelerated to an 18-year-high in August, driven by broad upward price pressures, data showed on Wednesday, just days before a hotly contested federal election that could see Prime Minister Justin Trudeau’s Liberals ousted. The rate rose to 4.1% in August, its fastest clip […]
Fed regional banks mandate COVID-19 shots for employees
September 15, 2021 By Ann Saphir (Reuters) – With little fanfare, all of the Federal Reserve’s regional banks have followed the Minneapolis Fed’s July decision to require employees to be vaccinated against COVID-19, with the Philadelphia Fed telling its staff of the new mandate on Wednesday. The regional Fed banks of New York, Boston, St. […]
Amazon reaches agreement with trade unions in Italy
September 15, 2021 MILAN (Reuters) – Amazon.com Inc has struck a deal with Italian trade unions promising to engage with them more in the running of operations in the country. The framework agreement, seen by Reuters, comes shortly after news that a group of Canadian workers are seeking to unionize as Amazon continues to manage […]
UN removes Gabon peacekeepers from Central African Republic after sex abuse allegations
September 15, 2021 DAKAR (Reuters) – The United Nations has sent home all 450 Gabonese troops from its peacekeeping mission in Central African Republic and opened an investigation after allegations of the sexual abuse of five girls, it said on Wednesday. The mission, known as MINUSCA, said the allegations related to unidentified Gabonese peacekeepers operating […]
Federer-backed shoemaker On valued at over $11 billion in NYSE debut
September 15, 2021 (Reuters) – Shares of Roger Federer-backed On Holding AG jumped more than 47% in their New York Stock Exchange debut on Wednesday, valuing the shoemaker at about $11.35 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amy Caren Daniel) Source Link Federer-backed shoemaker On valued at over $11 billion in […]
Masterpiece or monstrosity? Tourists bemused by Arc de Triomphe artwork
September 15, 2021 PARIS (Reuters) – Bemused tourists in Paris reacted with a mix of surprise and disdain when they discovered the Arc de Triomphe monument had been enveloped in a shimmering shroud, a posthumous installation conceived by the late artist Christo. Workers on harnesses spent several days enveloping the 50-meter, 19th century arch in […]
Key lessons from failed Republican bid to oust California Governor Newsom
September 15, 2021 By James Oliphant and Sharon Bernstein WASHINGTON (Reuters) – Democrats are breathing easier on Wednesday after California Governor Gavin Newsom handily survived a Republican attempt to oust him through a recall election. With midterm elections looming next year that will determine which party controls the U.S. Congress, here are four takeaways from […]
‘This is how we dress’: Afghan women overseas pose in colourful attire
September 15, 2021 By Zeba Siddiqui (Reuters) – Afghan youth rights activist Wazhma Sayle says she was shocked to see a photograph online, apparently of women dressed in black all-enveloping niqabs and gowns, staging a demonstration in support of the country’s new Taliban rulers at Kabul University. The 36-year-old, who is based in Sweden, later […]
