September 10, 2021 (Reuters) – United Parcel Service Inc on Friday announced plans to buy Roadie, a crowd-sourced, same-day delivery company whose major clients include home improvement chain Home Depot. The companies did not disclose financial terms of the deal, which is scheduled to close in the fourth quarter. The purchase aims to help UPS […]
Tech stocks, emerging market debt see inflows on “stagflation” bets
September 10, 2021 LONDON (Reuters) – Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank’s own private clients boosting their equity allocations to a record high. Equity funds pulled in $12.7 billion while bond fundsattracted $12.6 […]
GM CFO sees “more stable” chip supplies in 2022, reaffirms 2021 outlook
September 10, 2021 DETROIT (Reuters) – General Motors Co Chief Financial Officer Paul Jacobson reaffirmed the automaker’s 2021 profit outlook and said the company expects a “more stable year” in 2022 for semiconductor supplies. Jacobson said during a conference call with investors that GM still expects to deliver pre-tax profits for 2021 in the range […]
Rape drama in medieval France reunites Affleck, Damon on big screen
September 10, 2021 By Silvia Aloisi VENICE (Reuters) – Actors and close friends Ben Affleck and Matt Damon are reunited in “The Last Duel”, a drama about the rape of a noblewoman in medieval France directed by Ridley Scott and which premieres at the Venice Film Festival on Friday. The film tells the true story […]
Canada’s Trudeau tries to boost reelection campaign after inconclusive debate
September 10, 2021 By Steve Scherer and David Ljunggren HAMILTON, Ontario (Reuters) – Canadian Prime Minister Justin Trudeau on Friday entered the crucial last stage of his reelection campaign after an inconclusive leaders’ debate in which he failed to land many blows on his main rival. Trudeau, who heads a minority government that depends on […]
Kuwait’s Sheikh Ahmad convicted of forgery in Geneva trial
September 10, 2021 By Emma Farge GENEVA (Reuters) -A Swiss criminal court convicted Sheikh Ahmad Al-Fahad Al-Sabah, a power broker in international sports, of forgery on Friday in a trial over whether he used a bogus Kuwaiti coup plot to gain advantage over political rivals. The sheikh had denied all the charges in the case, […]
Taliban response to Afghan protests increasingly violent, U.N. says
September 10, 2021 GENEVA (Reuters) – The U.N. rights office on Friday said that the Taliban response to peaceful marches in Afghanistan has been increasingly violent, with authorities using live ammunition, batons and whips and causing the deaths of at least four protesters. Protests and demonstrations, often led by women, pose a challenge to the […]
Poor countries say lack of vaccines may exclude them from climate talks
September 10, 2021 By Susanna Twidale LONDON (Reuters) – The world’s poorest countries asked for more help on Friday to meet vaccination and quarantine requirements and costs to ensure they can take part in next month’s global climate conference in Glasgow, Scotland. The talks aim to spur bigger commitments to start reducing manmade greenhouse gas […]
French, Greek regions removed from Germany’s COVID-19 risk list
September 10, 2021 BERLIN (Reuters) – Germany removed the Greek regions of Crete and the southern Aegean as well as the French regions of Corsica and Occitania from its list of regions where there is a high risk of contracting COVID-19, the public health agency said on Friday. The move facilitates tourism to the four […]
BNPL is not a winner-takes-all game
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Mary Ann took over this week’s show with Chris and Grace, which meant that our overdeveloped senses of curiosity filled up the script just fine (even on a somewhat short week). Unintentionally, today’s episode was built around […]
Soccer-Tuchel excited by Saul signing, says midfielder was Chelsea target for years
September 10, 2021 (Reuters) – Chelsea have had their eyes on Saul Niguez for many years and jumped at the opportunity to sign him on loan as the Premier League club needed to reinforce its midfield, manager Thomas Tuchel said on Friday. Chelsea secured the late deadline-day loan signing of the highly-rated Spaniard with local […]
Venezuelan ex-spymaster to be held in Spanish jail pending transfer to U.S
September 10, 2021 MADRID (Reuters) – Former Venezuelan military intelligence chief Hugo Carvajal, who was arrested on Thursday in Madrid after hiding for almost two years, will be held in prison pending extradition to the United States, Spain’s High Court said on Friday. U.S. investigators have charged Carvajal https://ift.tt/2QNbIzs, a former general and ally of […]
EU rejects reworking N. Ireland deal, urges rhetoric dial-down
September 10, 2021 By Amanda Ferguson BELFAST (Reuters) -The European Union rejected a British demand to renegotiate their deal governing the trading position of Northern Ireland, saying that to so would only bring instability and uncertainty. European Commission Vice-President Maros Sefcovic, who oversees post-Brexit EU relations with Britain, said in a speech on Friday that […]
Analysis-EasyJet bid kicks off scramble for budget airline supremacy
September 10, 2021 By Sarah Young and Conor Humphries LONDON/DUBLIN (Reuters) – Europe’s no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges to come out on top. Market leader Ryanair this week saw talks over a […]
Apple to spend over $500 million on marketing Apple TV+ this year -The Information
September 10, 2021 (Reuters) – Apple Inc plans to spend more than $500 million on marketing its streaming service, Apple TV+, this year, the Information reported on Friday. Apple did not immediately respond to a Reuters request for comment. (Reporting by Tiyashi Datta in Bengaluru; Editing by Anil D’Silva) Source Link Apple to spend over […]
Soccer-PSG’s Mbappe expected to be fit for Clermont, Messi and Neymar out
September 10, 2021 PARIS (Reuters) – Lionel Messi and Neymar will miss Paris St Germain’s Ligue 1 game against Clermont on Saturday having just returned from international duty but Kylian Mbappe is expected to be in their squad after recovering from a calf injury. Mbappe picked up the injury during France’s 1-1 World Cup qualifying […]
Bank of America appoints new CFO, three women to senior leadership roles
September 10, 2021 (Reuters) – Bank of America Corp on Friday replaced longtime Chief Financial Officer Paul Donofrio with Alastair` Borthwick, while adding five new members including three women to its senior leadership team to boost diversity. Borthwick, a Wall Street veteran who spent 12 years at Goldman Sachs Group Inc prior to joining BofA […]
Exclusive-Aerospace firms warn of snags over U.S. engine rule delays
September 10, 2021 By Allison Lampert and David Shepardson (Reuters) – Aerospace companies are urging the United States to speed up a review of rule changes for airplane engines, warning delays in implementing planned global emissions standards could trigger industrial delays. The warning from the U.S. Aerospace Industries Association (AIA) comes as aerospace firms are […]
Fed’s Mester says inflation could come down next year, with upside risks
September 10, 2021 (Reuters) – U.S. inflation could remain high this year but come back down next year, with upside risks to the outlook, Cleveland Federal Reserve Bank President Loretta Mester said on Friday. Mester also said Fed officials should provide the public with more clarity on how they are assessing maximum employment and inflation, […]
Canada adds 90,200 jobs in August, unemployment falls to 7.1%
September 10, 2021 By Julie Gordon OTTAWA (Reuters) – Canada added 90,200 jobs in August, slightly below expectations, while the unemployment rate dropped to 7.1%, its lowest point since the onset of the coronavirus pandemic, Statistics Canada data showed on Friday. Analysts surveyed by Reuters had expected a gain of 100,000 jobs and for the […]
