UK competition regulators are spooking tech investors in the country with an implied threat to clamp down on startup M&A, according to a new survey of the industry. As the UK’s Chancellor of the Exchequer engaged with the tech industry at a ‘Chatham House’ style event today, the Coalition for a Digital Economy (Coadec) think-tank […]
Oil scales six-week high as Nicholas hits U.S. Gulf
September 14, 2021 By Laura Sanicola (Reuters) – Oil prices rose on Tuesday, extending gains as Nicholas weakened into a tropical storm and the International Energy Agency said demand would rebound in the remainder of the year. Brent crude was up 21 cents, or 0.3%, at $73.72 a barrel by 11:20 a.m. EDT (1520 GMT) […]
Gold armor for Lil Nas X, all black for Kim Kardashian at Met Gala
September 14, 2021 By Ben Kellerman NEW YORK (Reuters) -Red, silver and blue ruled the Metropolitan Museum of Art steps at a youth-driven Met Gala on Monday in a celebration of the best of American fashion. There were show-stopping outfits from rapper Lil Nas X, wearing a Versace suit of gold armor and supermodel Iman […]
Haiti chief prosecutor calls for PM to be charged in president’s killing
September 14, 2021 HAVANA (Reuters) – Haiti’s chief public prosecutor has asked the judge overseeing the investigation into the assassination of President Jovenel Moise to charge Prime Minister Ariel Henry as a suspect and ordered migration services not to let him leave the country. In a letter to Judge Garry Orelien, prosecutor Bed-Ford Claude said […]
Bank of England urges banks to wait out EU pressure over euro clearing
September 14, 2021 LONDON (Reuters) – Banks should hold their nerve in the face of European Union pressure to shift euro derivatives clearing from London to the bloc, Bank of England Governor Andrew Bailey said on Tuesday. Since Britain fully left the EU last December, the bloc has asked banks to move euro clearing from […]
Canadian PM Trudeau not sorry for snapping at protester who insulted his wife
September 14, 2021 By Steve Scherer RICHMOND, British Columbia (Reuters) – Canadian Prime Minister Justin Trudeau, in an increasingly tight election race, on Tuesday said he had no regrets over snapping at a protester who insulted his wife, Sophie Gregoire. Trudeau, who has been heckled repeatedly by people opposed to mandatory COVID-19 vaccinations https://ift.tt/2Xt533H, reacted […]
Chevron triples low-carbon investment, pledges $10 billion through 2028
September 14, 2021 By Sabrina Valle and Arunima Kumar (Reuters) -U.S. oil producer Chevron Corp on Tuesday pledged to triple to $10 billion its investments in low-carbon fuel and projects through 2028. Oil producers globally, under mounting pressure to join the fight against climate change, have stepped up plans to transition to less carbon-intensive production. […]
Apple Watch Series 7 arrives with a larger, more rugged display
Big day for hardware over at Apple HQ. In addition to all of a pair of new iPads, the company just launched the latest version of the wearable-dominated Apple Watch. As anticipated, the Apple Watch Series 7 marks one of the biggest design changes in the smartwatch’s six year history. The new Watch sports a […]
Sunak says private equity M&A shows confidence in UK economy
September 14, 2021 LONDON (Reuters) -British finance minister Rishi Sunak said on Tuesday that private equity firms’ interest in British listed companies reflected well on the economy, but added that he wanted to make it easier for new businesses to list on the stock market. “I would view it as a sign of confidence in […]
Boeing raises jet demand forecast on pandemic recovery
September 14, 2021 By Eric M. Johnson and Tim Hepher (Reuters) – Boeing revised up long-term demand forecasts on Tuesday, as a snapback in commercial air travel in domestic markets like the United States tempers the more gloomy industry predictions seen at the height of coronavirus lockdowns last year. The rosier view underpins moves by […]
Amazon hikes average U.S. starting pay to $18, hires for 125,000 jobs
September 14, 2021 By Jeffrey Dastin (Reuters) -Amazon.com Inc has increased its average starting wage in the United States to more than $18 an hour and plans to hire another 125,000 warehouse and transportation workers, an executive told Reuters. The world’s largest online retailer has raised pay from an average of around $17 since May. […]
Popular Netflix series sparks new debate over S.Korea’s military conscription
September 14, 2021 By Sangmi Cha SEOUL (Reuters) – A hit Netflix series is reigniting a debate in South Korea over the country’s massive military, its history of abuse scandals, and the mandatory conscription that fills its ranks with young men. “D.P.”, short for Deserter Pursuit, has been among the top Netflix shows in South Korea […]
U.S. Senate panel may force Afghanistan answers from Biden administration
September 14, 2021 By Patricia Zengerle and Doina Chiacu WASHINGTON (Reuters) – The chairman of the Senate Foreign Relations Committee threatened on Tuesday to subpoena Secretary of Defense Lloyd Austin and other officials if necessary to obtain their testimony about the chaotic U.S. withdrawal from Afghanistan. “A full accounting of the U.S. response to this […]
U.S. trade chief urges ASEAN envoy to visit Myanmar soon, promote dialogue
September 14, 2021 WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai has urged the Association of Southeast Asian Nations (ASEAN) to send its special envoy to visit Myanmar as soon as possible to promote dialogue, her office said on Tuesday, days after opponents of the country’s military rulers declared a revolt. The U.S. Trade Representative’s […]
German election too close to call as many voters still undecided
September 14, 2021 BERLIN (Reuters) – Germany’s federal election is too close to call as the number of still undecided voters hit a record high less than two weeks before the poll, in which centre-right Chancellor Angela Merkel is not seeking a fifth term, a survey showed on Tuesday. The survey by the Allensbach research […]
Maduro demand for control crimped finances of Colombia’s Monomeros, ex-chair says
September 14, 2021 By Luc Cohen and Brian Ellsworth CARACAS (Reuters) – Venezuelan President Nicolas Maduro’s demand for control of Colombian fertilizer producer Monomeros has further upset the company’s finances and contributed to a Colombian regulator’s intervention last week, said Carmen Elisa Hernandez, who resigned on Sunday https://twitter.com/cehr6559/status/1437500455555375106 as chair of the company’s board. She […]
Ukraine expects next IMF tranche of $750 million in December, PM says
September 14, 2021 By Natalia Zinets and Pavel Polityuk KYIV (Reuters) -Ukraine expects to receive the next tranche of assistance worth $750 million from the International Monetary Fund in December, and 600 million euros from the European Union in November, Prime Minister Denys Shmygal told a news conference on Tuesday. Shmygal said Ukraine had fulfilled […]
Chinese ambassador barred from UK parliament over sanctions row
September 14, 2021 By William James and Andrew MacAskill LONDON (Reuters) -The Chinese ambassador to Britain has been banned from attending an event in the country’s parliament because Beijing imposed sanctions earlier this year on lawmakers who highlighted alleged human right abuses in Xinjiang. China imposed the sanctions on nine British politicians, lawyers and an […]
Apple refreshes iPad Mini with a new design, 5G and an 8.3-inch display
As expected, we’re going to be seeing a LOT of hardware at today’s Apple event. The company has already unveiled a refresh to the iPad and here’s a new version of the Mini that looks to be the small tablet’s biggest refresh to date. The new iPad Mini sports a design overhaul that closely resembles […]
Apple updates the entry-level $329 iPad
Apple is launching a new iPad model. This is the most affordable iPad model in the lineup, it’s cheaper than the iPad Air and iPad Pro. Today’s new iPad replaces the existing $329 iPad in the lineup. It features Apple’s A13 chip. Apple originally unveiled the A13 for the iPhone 11. As a reminder, the […]
