September 8, 2021 (Reuters) – Olympic gold medallist Xander Schauffele, Jordan Spieth and Tony Finau were among the six captain’s picks named to the U.S. Ryder Cup team by Steve Stricker on Wednesday. Harris English, Daniel Berger and Scottie Scheffler rounded out the 12-man team and, along with Schauffele, will make their Ryder Cup debut […]
Soccer-Former West Ham defender Anton Ferdinand urges social media companies to tackle racist abuse
September 8, 2021 (Reuters) – Former West Ham United and Queens Park Rangers defender Anton Ferdinand on Wednesday asked social media companies to address the problem of racist abuse on their platforms before a high-profile footballer “takes their life”. Ferdinand was appearing before the UK Parliament’s Home Affairs Committee inquiry into online abuse. Others who […]
Bank of Canada keeps key rate at 0.25%, maintains QE policy
September 8, 2021 OTTAWA (Reuters) -The Bank of Canada on Wednesday left its key interest rate unchanged at a record low 0.25%, as expected, as it warned supply chain disruptions and a fourth wave of COVID-19 infections could weigh on the country’s economic recovery. The central bank, in a scheduled rate decision two weeks before […]
U.S. markets regulator takes aim at Coinbase lending product
September 8, 2021 WASHINGTON/HONG KONG (Reuters) -The U.S. Securities and Exchange Commission has told Coinbase Global Inc that it plans to sue the cryptocurrency exchange if it goes ahead with plans to launch a programme allowing users to earn interest by lending digital assets, Coinbase said. The top U.S. markets regulator has issued Coinbase with […]
Fraud trial of Theranos founder Elizabeth Holmes set to start
September 8, 2021 By Jody Godoy SAN JOSE, Calif. (Reuters) – Theranos founder Elizabeth Holmes goes on trial on Wednesday in federal court, with prosecutors poised to lay out fraud charges against the former Silicon Valley star accused of lying about her now-defunct blood-testing startup once valued at $9 billion. In one of the most […]
Exclusive-Ryanair ready to wait years for Boeing to cut prices, says O’Leary
September 8, 2021 By Gavin Jones and Angelo Amante ROME (Reuters) -Ryanair is willing to wait years for Boeing to drop its prices before placing a big new plane order with the U.S. company, Chief Executive Michael O’Leary told Reuters, while he also downplayed the chance of a deal with rival Airbus. The Irish budget […]
Wall Street dips on fears of slowing economic growth
September 8, 2021 By Shashank Nayar (Reuters) – Wall Street dipped on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies. Shares of tech heavyweights were among losers with Microsoft Corp, Facebook Inc […]
U.S. bank profits drop as industry slows reductions in credit loss provisions – FDIC
September 8, 2021 WASHINGTON (Reuters) – U.S. bank profits fell 8.3% to $70.4 billion in the second quarter of 2021 as firms slowed their reductions in credit loss provisions, the Federal Deposit Insurance Corporation reported Wednesday. The regulator also reported that average net interest margin for banks hit a new record low of 2.5%, although […]
Pro-China social media campaign expands to new countries, blames U.S. for COVID
September 8, 2021 By Joseph Menn SAN FRANCISCO (Reuters) – A misinformation campaign on social media in support of Chinese government interests has expanded to new languages and platforms, and it even tried to get people to show up to protests in the United States, researchers said on Wednesday. Experts at security company FireEye and […]
TrueFort snares $30M Series B to expand zero trust application security solution
As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focussing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with […]
A Chinese EV startup wants to build a ridable robot unicorn for kids
Never mind buying a robot dog for your kids — you might just get them a mythical creature instead. Chinese EV maker Xpeng has teased a robot unicorn meant for children to ride. As SCMP notes, the quadruped will take advantage of Xpeng’s experiences with autonomous driving and other AI tasks to navigate multiple terrain […]
Turkey, Egypt pledge further talks to normalise ties after 2nd round
September 8, 2021 ANKARA/CAIRO (Reuters) – Turkey and Egypt agreed on Wednesday to continue talks to repair and eventually normalise strained ties after wrapping up a second round of discussions meant to address differences, the two countries said in a joint statement. The talks were held in Ankara over two days and led by the […]
Swiss cabinet tightens coronavirus curbs to protect hospitals
September 8, 2021 By Michael Shields and Brenna Hughes Neghaiwi ZURICH (Reuters) -Switzerland will require people from Monday to show a COVID-status certificate to access indoor spaces like restaurants, the government said, while previewing potential travel restrictions as it tries to quash a fourth wave of infections that is straining hospitals. The Swiss COVID certificate […]
UK climate summit chief says had constructive discussions with China
September 8, 2021 LONDON (Reuters) -Britain’s Alok Sharma, president of this year’s United Nations COP26 climate change conference, said on Wednesday he had held constructive discussions with China in recent days ahead of the summit in November. The Glasgow summit is seen as a critical chance to win more ambitious country-by-country commitments on achieving net-zero […]
Paris attacks suspect tells trial he’s “an Islamic State soldier”
September 8, 2021 By Tangi Salaün and Yiming Woo PARIS (Reuters) -The main suspect in a jihadist rampage that killed 130 people across Paris described himself on Wednesday as “an Islamic State soldier” at the start of the long-awaited trial into the 2015 attacks. Salah Abdeslam, 31, appeared in court dressed in black and wearing […]
UK criticises Hong Kong arrests as latest attempt to stifle dissent
September 8, 2021 LONDON (Reuters) – British foreign minister Dominic Raab criticised the arrest of members of a pro-democracy group by Hong Kong police on Wednesday as being another example of how China was using a security law to stifle dissent in the former British colony. “Today’s arrests of members of the Hong Kong Alliance […]
Myanmar urged to avoid violence after junta opponents declare revolt
September 8, 2021 (Reuters) -Southeast Asian and Western countries have urged all sides in Myanmar to refrain from violence and allow in humanitarian aid, after a shadow government, formed by opponents of military rule, declared a nationwide uprising against the junta. The National Unity Government (NUG) said on Tuesday it was launching a “people’s defensive […]
Philippines defense minister says U.S. treaty needs comprehensive review
September 8, 2021 WASHINGTON (Reuters) -Philippine Defense Secretary Delfin Lorenzana said on Wednesday there was a need for a comprehensive review of his country’s alliance with the United States. At an online event hosted by Washington’s Center for Strategic and International Studies marking the 70th anniversary of the countries’ mutual defense treaty (MDT), Lorenzana said […]
UK offers cash for CSAM detection tech targeted at e2e encryption
The UK government is preparing to spend over half a million dollars to encourage the development of detection technologies for child sexual exploitation material (CSAM) that can be bolted on to end-to-end encrypted messaging platforms to scan for the illegal material, as part of its ongoing policy push around Internet and child safety. In a […]
Abu Dhabi expected to raise $3 billion via bonds
September 8, 2021 By Yousef Saba DUBAI (Reuters) -Abu Dhabi is expected to raise $3 billion in a bond sale on Wednesday, its second of the year for which it received over $9.75 billion in orders for two tranches, a bank document showed. The emirate set a 10-year portion at 65 basis points (bps) over […]
