October 7, 2021 (Reuters) – Brooklyn Nets forward Kevin Durant said he still envisions Kyrie Irving playing a role for the team this season despite uncertainty over the seven-time All Star’s COVID-19 vaccination status. The season begins on Oct. 19 and unvaccinated players must comply with a long list of restrictions to play in games […]
UK firms raise their inflation expectations – BoE survey
October 7, 2021 LONDON (Reuters) – British companies have raised their inflation expectations for the year ahead, according to a survey for the Bank of England which is watching closely for signs that a recent jump in prices might prove longer-lasting than it has predicted. Year-ahead annual price inflation was expected to be 3.5% in […]
Indian cloud kitchen startup Rebel Foods valued at $1.4 billion in $175 million fundraise
Rebel Foods, which operates a large network of dark kitchens in nearly a dozen markets, is the latest Indian startup to attain the unicorn status. The Bangalore-based startup said on Thursday it has raised $175 million in its Series F financing round that valued it at $1.4 billion, up from about $800 million last year. […]
Egypt seeking $2 billion in syndicated loan – Emirates NBD
October 7, 2021 CAIRO (Reuters) – The Egyptian government has launched a 3-year syndicated loan with green and Islamic finance components with the aim to raise $2 billion, Emirates NBD bank said in a statement on Thursday. Emirates NBD Capital Ltd and First Abu Dhabi Bank PJSC are mandated as the joint global coordinators, lead […]
UK card spending recovers to 100% of pre-pandemic level
October 7, 2021 LONDON (Reuters) – Spending on payment cards in Britain last week rose to 100% of its pre-pandemic level of February 2020, up from 95% a week earlier, data showed on Thursday. Separate figures from the Office for National Statistics showed output-per-hour worked, a measure of productivity in the economy, inched up by […]
Exclusive-U.N. expert calls for N.Korea sanctions to be eased as starvation risk looms
October 7, 2021 By Stephanie Nebehay GENEVA (Reuters) – North Korea’s most vulnerable risk starvation after it slipped deeper into isolation during the COVID-19 pandemic and U.N. sanctions imposed for its nuclear and missile programmes should be eased, a U.N. rights investigator said in report seen by Reuters. The worsening humanitarian situation could turn into […]
Russia fires prison officials, opens investigations after torture videos
October 7, 2021 By Andrew Osborn and Angelina Kazakova MOSCOW (Reuters) – Russian authorities said on Wednesday they had fired five senior prison officials and opened a slew of criminal investigations into alleged torture and sexual assaults at a jail in the Saratov region. The authorities acted after a prisoner rights group, Gulagu.net, began publishing […]
Former SS camp guard, aged 100, to start trial in Germany
October 7, 2021 BERLIN (Reuters) – A former SS guard who is now 100 years old was due to go on trial in Germany on Thursday, charged with contributing to the deaths of more than 3,000 people in a Nazi concentration camp during World War Two. Prosecutors charged the man, a member of the Nazi […]
German Social Democrats upbeat about three-way coalition talks
October 7, 2021 BERLIN (Reuters) – Germany’s Social Democrats (SPD) struck an upbeat tone before their first three-way talks with two smaller “kingmaker” parties on Thursday, aiming to move closer to leading a new government following an inconclusive national election. The Greens and business-friendly Free Democrats (FDP) agreed on Wednesday to enter the talks with […]
MindLabs gets $3.5M seed to make mental wellness engaging
Making sure mental wellness is part of your routine can be difficult, especially if you are already busy and stressed. MindLabs wants to make it easier with a combination of on-demand or live video classes and community features. The company announced today it has raised a $3.5 million seed round, almost eleven months after its […]
Sweden, Norway currencies eye multi-year highs vs euro: Reuters poll
October 7, 2021 OSLO (Reuters) – The Swedish and Norwegian currencies will gain ground versus the euro in the coming 12 months, likely hitting multi-year highs at a time of strong economic recovery in the Nordic region, a Reuters poll of analysts predicted. Sweden and Norway recently ended almost all remaining social restrictions amid a […]
Airport shut in Spain’s La Palma due to volcano ash
October 7, 2021 MADRID (Reuters) – Ash from the erupting Cumbre Vieja volcano forced authorities in Spain’s La Palma to close the airport on the island on Thursday, Spanish air traffic operator Aena said. “The La Palma Airport is inoperative due to ash accumulation. The established protocols are being applied. Safety is the priority,” AENA […]
Moscow to host Afghanistan talks on Oct. 20
October 7, 2021 MOSCOW (Reuters) – Moscow plans to host international talks on Afghanistan on Oct. 20, President Vladimir Putin’s special representative on Afghanistan said on Thursday. Zamir Kabulov, the representative, did not provide further details on the planned talks in comments carried by Russian news agencies. Moscow hosted an international conference on Afghanistan in […]
Tennis-Murray makes online plea to help find stolen wedding ring
October 7, 2021 (Reuters) – Airing his sweaty tennis shoes outside a California hotel room has landed Andy Murray in trouble at home after the shoes were stolen – along with his wedding ring tied to one of the laces. Murray, who married Kim Sears in 2015, has played with his wedding ring attached to […]
Tennis-Murray makes online plea to help find stolen wedding ring
October 7, 2021 (Reuters) – Airing his sweaty tennis shoes outside a California hotel room has landed Andy Murray in trouble at home after the shoes were stolen – along with his wedding ring tied to one of the laces. Murray, who married Kim Sears in 2015, has played with his wedding ring attached to […]
World food prices climb for second month in September -FAO
October 7, 2021 PARIS (Reuters) – World food prices rose for a second consecutive month in September, driven by increases in cereals and vegetable oils, to remain about a third above their level a year ago, the United Nations food agency said on Thursday. The Rome-based Food and Agriculture Organization (FAO) also raised slightly its […]
China Sept forex reserves fall to $3.201 trln – central bank
October 7, 2021 BEIJING (Reuters) – China’s foreign exchange reserves fell to $3.201 trillion at the end of September, down from $3.232 trillion at the end of August, official data showed on Thursday. China held $109.18 billion of gold reserves at the end of last month, down from $113.69 billion at the end of August, […]
Renault CEO warns of bigger price jump ahead as costs soar, Expansion reports
October 7, 2021 MADRID (Reuters) – Luca de Meo, the recently appointed CEO of French carmaker Renault, said a shortage in semiconductors and other rising costs are set to boost car prices, Spanish newspaper Expansion reported on Thursday. “Prices will rise even more in the coming 12 months,” he told the newspaper in an interview, […]
Amazon’s Twitch hit by data breach due to configuration error
October 7, 2021 (Reuters) – Amazon.com Inc’s live streaming e-sports platform Twitch on Wednesday blamed “an error” in server configuration change for a data breach and said it was still assessing the impact. An anonymous hacker claimed to have leaked Twitch data, including information related to the company’s source code, clients and unreleased games, according […]
European stocks rally as energy prices cool
October 7, 2021 (Corrects paragraph six to say “boost”, not “hit”) (Reuters) – European stocks rallied in early trading on Thursday as easing oil and gas prices offered some relief to investors worried about runaway inflation. The pan-European STOXX 600 index rose 1.1% in broad-based buying to reverse weekly losses, with miners, automakers and utilities […]