September 10, 2021 (Reuters) -Cineworld, the world’s second-largest movie theatre operator, said it will pay $170 million to Regal Entertainment shareholders, who were disgruntled with the price they received when the London-listed company took over the U.S. chain in 2017. According to an agreement, $92 million will be held in escrow and be available to […]
Swiss exchange SIX receives regulatory clearance for digital asset bourse
September 10, 2021 ZURICH (Reuters) – Swiss stock exchange SIX has received regulatory approval from the financial market supervisor for its new SDX bourse, it said on Friday, paving the way for it to go live with its marketplace for digital assets. “The digitalization of financial markets continues apace, and while the final shape of […]
Toyota cuts annual auto production target on shortage of chips, parts
September 10, 2021 TOKYO (Reuters) – Toyota Motor Corp, the worlds biggest automaker by sales volume, cut its annual production target on Friday by 300,000 vehicles because of a global shortage of chips and supplies of auto parts from factories in Southeast Asia. The Japanese car maker now expects to build 9 million vehicles in […]
Bail denied to Hong Kong activist behind group for Tiananmen vigil
September 10, 2021 HONG KONG (Reuters) – A Hong Kong court on Friday rejected bail for the vice-chairwoman of a pro-democracy group that organises the annual June 4 rally to commemorate those who died in the bloody crackdown in and around Beijing’s Tiananmen Square in 1989. Chow Hang Tung, 36, and other members of the […]
PM Johnson’s Conservatives see support slump to lowest since election – poll
September 10, 2021 LONDON (Reuters) – Support for British Prime Minister Boris Johnson’s Conservative party has slipped behind the opposition Labour party to its lowest level since the 2019 national election, a poll showed, after announcing a tax rise to fund health and social care. The poll, conducted by YouGov for the Times newspaper, showed […]
UK economy grew by just 0.1% in July as Delta spread
September 10, 2021 LONDON (Reuters) -Britain’s economy barely grew in July, rising by just 0.1% from June, the weakest expansion since January when the country went back into strict COVID-19 lockdown rules, official data showed on Friday. Economists polled by Reuters had mostly expected month-on-month growth of 0.6% in gross domestic product. Britain saw a […]
Tennis-Fernandez uses doubters as motivation to reach US Open final
September 10, 2021 By Steve Keating NEW YORK (Reuters) – Leylah Fernandez may not feel the weight of expectation as she heads into the U.S. Open final but the Canadian teenager will have a chip on her shoulder put there by those who doubted her. Dropped from Tennis Quebec’s development program when she was seven-years-old […]
Tennis-‘Bad memories’ of Roland Garros trip up Sakkari in New York
September 10, 2021 By Amy Tennery NEW YORK (Reuters) – “Bad memories” from Roland Garros may have foiled Maria Sakkari at the U.S. Open on Thursday, as the 17th seed fell in the semi-final of a Grand Slam for the second time this year. The Greek was the favourite heading into her encounter with 18-year-old […]
Japan’s exports seen surging in August, wholesale prices staying high – Reuters poll
September 10, 2021 By Kantaro Komiya TOKYO (Reuters) – Japan’s exports likely surged for the sixth straight month in August thanks to strong global demand for machinery goods and a flattering comparison with last year’s pandemic-induced slump, a Reuters poll showed on Friday. Japan’s wholesale prices were expected to stay at more than 10-year highs […]
Politicians swear loyalty to Hong Kong, but face govt patriotic test
September 10, 2021 By Sara Cheng HONG KONG (Reuters) – Two dozen democratically-elected politicians swore loyalty to Hong Kong on Friday under a new patriotic law, but some opposition councillors may face disqualification if their oaths are judged insincere. The government enacted a law earlier this year that tightened patriotic loyalty tests by forcing all […]
Soccer-Ronaldo could play until he’s 40, says Rooney
September 10, 2021 (Reuters) – Manchester United forward Cristiano Ronaldo is capable of playing until he is 40 as he has adapted his playing style to extend his career, former captain Wayne Rooney said. Ronaldo, 36, spent six seasons at Old Trafford between 2003-09, winning eight major trophies, and rejoined United from Juventus last month […]
Wide-ranging SolarWinds probe sparks fear in Corporate America
September 10, 2021 By Christopher Bing, Chris Prentice and Joseph Menn (Reuters) – A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry. The SEC is asking […]
Vietnam to reopen resort island to foreign tourists to boost economy
September 10, 2021 HANOI (Reuters) – Vietnam plans to reopen the beach-fringed island of Phu Quoc to foreign tourists from next month, authorities said, as the country looks at ways to revive an economy suffering from extended lockdowns due to the coronavirus pandemic. The island, 10 km (6 miles) off the coast of Cambodia https://ift.tt/3hjKEFf, […]
MLB roundup: Rockies stun Phillies with three-run ninth
September 10, 2021 Pinch hitter Ryan McMahon belted a two-run home run off Ian Kennedy with two outs in the ninth inning to lift the Colorado Rockies past the host Philadelphia Phillies 4-3 on Thursday. Sam Hilliard then went back-to-back off Kennedy with a mammoth homer to cap a three-run ninth. Kennedy (1-1) retired the […]
Sea Ltd raises about $6 billion in mega fund raising
September 10, 2021 (Reuters) – Southeast Asian technology giant Sea Ltd said it has raised about $6 billion in an equity and convertible bond sale. Sea has priced 11 million American Depository Receipts at $318 each, the company said late on Thursday, together with $2.5 billion aggregate principal amount of its 0.25% convertible senior notes […]
Swiss verdict due in forgery case involving Kuwait’s Sheikh Ahmad
September 10, 2021 By Emma Farge GENEVA(Reuters) – A Swiss criminal court will rule on Friday whether Sheikh Ahmad Al-Fahad Al-Sabah, a power broker in international sports, used a bogus Kuwaiti coup plot to gain advantage over political rivals. The forgery case has divided the Kuwaiti ruling family and prompted Sheikh Ahmad, 58, to step […]
Tennis-Qualifier Raducanu stuns Sakkari to reaches US Open final
September 10, 2021 NEW YORK (Reuters) – Briton Emma Raducanu became the first qualifier to reach the U.S. Open final on Thursday by beating Greece’s Maria Sakkari 6-1 6-4 on Arthur Ashe stadium. With British tennis royalty Tim Henman and Virginia Wade looking on from the stands, Raducanu fended off seven break points across her […]
Apple Music is using Shazam to solve the streaming industry’s problem with DJ mixes
Apple Music announced today that it’s created a process to properly identify and compensate all of the individual creators involved in making a DJ mix. Using technology from the audio-recognition app Shazam, which Apple acquired in 2018 for $400 million, Apple Music is working with major and independent labels to devise a fair way to […]
U.S. congressional committee receives thousands of documents in Jan 6 probe
September 10, 2021 By Patricia Zengerle WASHINGTON (Reuters) – A congressional committee investigating the deadly Jan. 6 assault on the U.S. Capitol received thousands of documents before Thursday’s deadline for U.S. companies and government agencies to submit them, a committee spokesperson said. The National Archives, which handles presidential records, has also begun a pre-release review […]
Epic Games asks Apple to reinstate Fortnite in South Korea after new law
Epic Games has asked Apple to rejoin its Fortnite developer account in South Korea as the U.S. game maker plans to re-release Fortnite on iOS in South Korea, offering both Epic and Apple payments side-by-side, said in a tweet on September 10. Epic has asked Apple to restore our Fortnite developer account. Epic intends to […]