October 7, 2021 LOS ANGELES (Reuters) – Daniel Craig finally got a star on Hollywood’s Walk of Fame on Wednesday, days before his last movie as James Bond opens in the United States. “No Time to Die” marks Craig’s fifth and final outing as the suave British secret agent, ending a role that has spanned […]
Tanzanian writer Abdulrazak Gurnah wins 2021 Nobel Prize in Literature
October 7, 2021 STOCKHOLM (Reuters) -Tanzanian novelist Abdulrazak Gurnah won the 2021 Nobel Prize in Literature, the award-giving body said on Thursday. Gurnah, whose novels include “Paradise” and “Desertion”, writes in English and lives in Britain. The prize is awarded by the Swedish Academy and is worth 10 million Swedish crowns ($1.14 million). The prizes, […]
Cricket-Governing body ICC to switch to inclusive ‘batter’ from T20 World Cup
October 7, 2021 MUMBAI (Reuters) – The International Cricket Council will change “batsman” to the gender-neutral term “batter” in its playing conditions starting from this month’s Twenty20 World Cup, the world governing body said on Thursday. The Lord’s-based Marylebone Cricket Club, the sole authority on the laws of the game since it was founded in […]
Tilray posts 43% rise in quarterly revenue on strong cannabis demand
October 7, 2021 (Reuters) – Canadian pot producer Tilray Inc on Thursday reported a 43% rise in first-quarter revenue, driven by strong demand for cannabis after coronavirus-led lockdowns. The world’s largest cannabis producer by sales said its revenue rose to $168 million in the quarter ended Aug. 31 from $117.49 million a year earlier. Net […]
BoE’s Pill says size and duration of inflation spike bigger than expected
October 7, 2021 LONDON (Reuters) – The size and duration of a recent jump in inflation is proving greater than expected but interest rates are likely to remain relatively low in the coming years, new Bank of England Chief Economist Huw Pill said. “As the pandemic recedes and the level and composition of global demand […]
Snap launches in-app tool on drug dangers following fentanyl deaths
October 7, 2021 By Elizabeth Culliford (Reuters) – Snap is launching an in-app tool to educate users searching for drug-related key words on Snapchat about the dangers of drugs and is working on tools for parents to help keep teenagers safe on the service, the company said on Thursday. The announcement comes after a public […]
Exclusive-Dutch watchdog finds Apple app store payment rules anti-competitive – sources
October 7, 2021 By Foo Yun Chee, Toby Sterling and Stephen Nellis AMSTERDAM (Reuters) – The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive and ordered it to make changes, four people familiar with the matter said, in the latest regulatory setback for the […]
Shares climb again as energy price dip eases stagflation fears
October 7, 2021 By Marc Jones LONDON (Reuters) – World stock markets got their foot back on the gas on Thursday as hopes grew that Washington could resolve its debt-ceiling squabbles and a global drop in energy prices tempered deepening fears of “stagflation”. Europe’s bourses rallied off 2-1/2-month lows as easing oil and gas prices […]
Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa
The adoption of cryptocurrency in Africa varies regionally. While countries with currently unstable currencies like the naira are seeing immense usage, other regions using the CFA franc have sparse adoption. A region of more than 200 million people using the CFA franc, Francophone Africa is one of the most crypto-friendly markets in Africa. But only […]
Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M
Women have made great inroads into the tech world in recent years, but there remains a long way to go before we reach a truly equitable state of affairs in workforce numbers, remuneration and product development. An edtech startup called Entity Academy — which provides women with training, in areas like data science and software […]
Soccer-‘No more silence’: NWSL players return to the field
October 7, 2021 By Amy Tennery NEW YORK (Reuters) -Banners and signs declaring “PROTECT THE PLAYERS” and “NO MORE SILENCE” ringed National Women’s Soccer League (NWSL) pitches on Wednesday as teams took to the field for the first time since sexual misconduct allegations rocked the competition. The matches were the first since a report from […]
Canadian dollar upside seen shrinking if global economic recovery slows: Reuters poll
October 7, 2021 By Fergal Smith TORONTO (Reuters) – There is less room for the Canadian dollar to gain ground over the coming year as analysts expect the prospect of slower global economic growth and accelerating inflation to undermine support from higher oil prices. The median forecast of 45 strategists in an Oct. 1-6 Reuters […]
Ireland to make call on global tax deal on Thursday -minister
October 7, 2021 DUBLIN (Reuters) – Ireland expects to receive a revised text on a global corporate tax overhaul on Thursday after which it will announce whether or not it will sign up to the deal, Finance Minister Paschal Donohoe said. “Last night I had further engagement with the European Commission and the OECD (Organisation […]
Rallying-Lappi to step up in 2022 as Ogier steps back
October 7, 2021 (Reuters) – Seven times world champion Sebastien Ogier will continue to race for Toyota in selected rallies next year, with Finland’s Esapekka Lappi stepping up for those rounds the Frenchman misses. Ogier, 37, is ending his full-time world rally championship career at the end of 2021, a season that looks likely to […]
Facebook slows down new product rollouts – WSJ
October 7, 2021 (Reuters) – Facebook Inc has slowed down the rollout of new products in recent days, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Executives at the social media company have also put a hold on some work on existing products, the report said. Facebook did not immediately […]
Bitcoin soars to five-month high on seasonal factors, Soros news
October 7, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bitcoin surged on Wednesday to its highest level in five months, as market sentiment continued to improve due in part to news a hedge fund controlled by billionaire investor George Soros trades bitcoin. Investors also expect a seasonal rally in cryptocurrencies this quarter. The world’s largest […]
Emerging market ‘cryptoization’ threatens financial stability – IMF
October 7, 2021 By Tom Wilson LONDON (Reuters) -The advent of digital currencies in emerging markets could spark “cryptoization” of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday. Bitcoin and its kin have in the last year soared in price and popularity, with emerging […]
French watchdog chief calls for ban on ‘payment for order flow’ in EU stock market
October 7, 2021 By Huw Jones LONDON (Reuters) – “Payment for order flow,” a practice critics say has fuelled bouts of frenzied retail share trading on Wall Street, should be banned in the European Union, France’s stock market regulator said on Thursday. In the United States, stockbrokers have touted for business among retail customers by […]
Bitcoin rises 7.1% to $55,163
October 7, 2021 (Reuters) – Bitcoin rose 7.11% to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 98.9% from the year’s low of $27,734 on Jan. 4. Ether, the coin linked to the ethereum blockchain network, rose 2.15% to $3,591.72 on Wednesday, […]
German utility Uniper prepares job cuts – sources
October 7, 2021 DUESSELDORF (Reuters) – German utility Uniper, which is majority-owned by Finland’s Fortum, is planning far-reaching cut jobs, two people familiar with the matter said, adding that staff was currently being informed about the move. A labour source said that the cuts, which are expected to impact the energy firm’s engineering unit that […]