Food ordering and delivery platforms DoorDash, Caviar, Grubhub, Seamless, Postmates and Uber Eats have banded together to sue the City of New York over a law that would permanently limit the amount of commissions the apps can charge restaurants to use their services. The Wall Street Journal first reported the news that the companies filed […]
U.S. lawmakers seek $1 billion to fund FTC privacy probes
September 10, 2021 By David Shepardson and Diane Bartz WASHINGTON (Reuters) -U.S. House Democratic lawmakers on Thursday proposed awarding the Federal Trade Commission (FTC) $1 billion to set up a bureau dedicated to improving data security and privacy and fighting identity theft. The proposal, which Democrats plan to include in a $3.5 trillion spending measure, […]
Cricket-Paine says teams may refuse to play Afghanistan at T20 World Cup
September 10, 2021 (Reuters) – Australia captain Tim Paine said the chances of their first ever test against Afghanistan going ahead are “not looking good” with the Taliban unwilling to let women play cricket and questioned why the game’s governing body had remained quiet on the issue. Australia are due to face the Afghanistan men’s […]
Asian shares stem recent losses, attention on cenbank tapering
September 10, 2021 By Alun John HONG KONG (Reuters) – Asian shares rallied on Friday after two days of losses, but were still in a nervous mood as global investors grapple with how best to interpret central banks’ cautious moves to end stimulus, which also left currency markets quiet. MSCI’s broadest index of Asia-Pacific shares […]
Japan Airlines finalises $2.7 billion raising to position for post-COVID-19 era
September 10, 2021 (Reuters) -Japan Airlines Co Ltd (JAL) said on Friday it had finalised plans to issue 300 billion yen ($2.73 billion) of hybrid loans and subordinated bonds to help position it for a changed business environment due to the pandemic. It will raise 200 billion yen from hybrid loans and 100 billion from […]
‘Dear Evan Hansen’ opens hybrid Toronto Film Festival
September 10, 2021 (Reuters) – The Toronto International Film Festival (TIFF) lifted its curtains to a live audience for the first time in two years on Thursday with the world premiere of the musical “Dear Evan Hansen”. The film, an adaptation of the Broadway production, stars Tony Award winner Ben Platt reprising his role as […]
Auckland COVID cases drop again as New Zealand presses on with Delta curbs
September 10, 2021 WELLINGTON (Reuters) – New Zealand reported 11 new cases of COVID-19 on Friday, all in locked down Auckland, its biggest city, as the country looks to limit the spread of the highly transmissible Delta variant of the coronavirus. The latest daily number was down from the 13 infections recorded on Thursday and […]
Biden and China’s Xi discuss managing competition, avoiding conflict in call
September 10, 2021 WASHINGTON (Reuters) -U.S. President Joe Biden spoke by phone with his Chinese counterpart Xi Jinping on Thursday, the White House said, with both leaders discussing the need to avoid letting competition between the world’s two largest economies veer into conflict. Relations between Washington and Beijing have been at their lowest point in […]
Oil slips on China’s plan to release crude from reserves, airline demand woes
September 10, 2021 By Sonali Paul MELBOURNE (Reuters) – Oil prices dipped on Friday, heading for weekly losses of nearly 2%, after China announced it would release oil from it strategic reserve and some U.S. airlines, key to a recovery in jet fuel demand, warned of a slowdown in ticket sales https://ift.tt/3nkkMN2. U.S. West Texas […]
Tennis-Canadian teen Fernandez pulls off another upset to reach U.S. Open final
September 10, 2021 By Steve Keating NEW YORK (Reuters) – Leylah Fernandez’s storybook U.S. Open continued with yet another upset on Thursday as the Canadian teenager shocked second seed Aryna Sabalenka 7-6(3) 4-6 6-4 to reach her first Grand Slam final. Rankings-wise, the second seeded Belarusian represented the toughest challenge yet for the 19-year-old lefhander […]
Soccer-Messi overtakes Pele with hat-trick as Argentina beat Bolivia
September 10, 2021 BUENOS AIRES (Reuters) -Lionel Messi scored a hat-trick to give Argentina a 3-0 win over Bolivia in a World Cup qualifier on Thursday, lifting him above Pele as South America’s top international scorer with 79 goals. Messi got the opener after 14 minutes in Buenos Aires, dancing around the Bolivian defence before […]
Dollar set for first winning week in three with Fed in focus
September 10, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar headed for its first winning week in three on Friday after rebounding from a payrolls-induced sell-off, as investors continued to ponder the timing of a tapering of Federal Reserve stimulus. The dollar index, which gauges the greenback against six major peers, was little changed […]
Malaysia’s Top Glove says cleared to resume business with U.S.
September 10, 2021 KUALA LUMPUR (Reuters) – Malaysia’s Top Glove Corporation said on Friday it has been allowed to resume exporting and selling gloves to the United States, following an import ban imposed since last year. U.S. authorities had banned disposable gloves made by the world’s largest medical glove maker since July 2020, saying in […]
Grubhub, DoorDash, Uber Eats sue New York City over fee caps – WSJ
September 10, 2021 (Reuters) – Food-delivery companies DoorDash Inc, Grubhub Inc and Uber Eats have sued New York City over a law permanently capping commissions the apps can charge restaurants to use their services, the Wall Street Journal reported on Thursday https://on.wsj.com/2YJtTNd. The three food-delivery companies filed the suit in federal court in New York […]
COVID-19 cases rise in Australia’s Victoria as regions exit lockdown
September 10, 2021 SYDNEY (Reuters) – Australia’s Victoria state reported its biggest single-day rise in COVID-19 cases this year, the majority in Melbourne, as most other regions in the state exited lockdown on Friday. Officials have announced plans to bring Melbourne and Sydney out of extended lockdowns in coming weeks, despite infections continuing to rise […]
Canadian opposition leader tells debate: ‘I’m driving the bus,’ won’t bow to party hardliners
September 10, 2021 By David Ljunggren and Steve Scherer OTTAWA (Reuters) -The head of Canada’s main opposition Conservatives kicked off a crucial leaders’ debate on Thursday ahead of the Sept. 20 election by insisting he was in charge of his party and would not bow to the views of legislators with hardline social views. Polls […]
Popular vaccination minister Kono to enter race for Japan’s next leader
September 10, 2021 By Antoni Slodkowski TOKYO (Reuters) – Japan’s popular vaccination minister, Taro Kono, is set to announce his candidacy on Friday for leader of the country’s ruling political party and, by extension, its next prime minister. Kono’s decision to throw his hat in the ring for the leadership of the Liberal Democratic Party […]
Rugby – Retallick to captain All Blacks against Argentina
September 10, 2021 SYDNEY (Reuters) – Lock Brodie Retallick will captain New Zealand for the first time in the absence of Ardie Savea when the All Blacks take on Argentina in the Rugby Championship on Australia’s Gold Coast on Sunday. Loose forward Savea suffered a head knock in the 38-21 defeat of the Wallabies in […]
Bank of England to raise rates in late 2022, possibly sooner – Reuters poll
September 10, 2021 By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs by end-2022, earlier than previously thought, and there is a chance it comes even sooner as a solid economic recovery from the pandemic and high inflation may tip its hand, a Reuters poll found. Like central banks across […]
Australia appoints former Macquarie boss to supervise financial regulators
September 10, 2021 (Corrects spelling of first name in first paragraph) By Paulina Duran SYDNEY (Reuters) – Australia’s government has appointed Nicholas Moore, who led Macquarie Group for a decade until 2018, to chair a new regulator review board to report on the effectiveness of the country’s banking and corporate regulators. The new body was […]