September 8, 2021 By Uriel Sanchez ACAPULCO, Mexico (Reuters) – A powerful earthquake struck Mexico’s Acapulco late on Tuesday, killing at least one man and damaging buildings including the control tower at the beach resort’s international airport. The 7.0 magnitude quake, which hit 11 miles (17.7 km) northeast of Acapulco in southwestern Guerrero state, downed […]
Soccer-Depay critical of performance despite first Dutch hat-trick
September 8, 2021 AMSTERDAM (Reuters) – Memphis Depay was critical of his own performance in the Netherlands’ victory over Turkey in Amsterdam on Tuesday despite the forward claiming a hat-trick in their 6-1 World Cup qualifying win. The 27-year-old’s first international hat-trick took him alongside Johan Cruyff on 33 goals but the Barcelona striker was […]
Dollar tracks U.S. yields higher, hits one-week top ahead of ECB
September 8, 2021 By Ritvik Carvalho LONDON (Reuters) – The dollar rose to a one-week peak against peers on Wednesday, buoyed by higher Treasury yields and a weaker euro a day ahead of a European Central Bank policy decision. The dollar index, which measures the currency against six rivals, traded 0.1% higher at 92.628 after […]
Column: The ECB’s ‘phantom taper’?
September 8, 2021 By Mike Dolan LONDON (Reuters) – We’ve had ‘taper tantrums’ and even ‘dovish tapers’, but the European Central Bank may deliver a taper that’s not really a taper at all. As central banks around the world mull a reduction of their pandemic-related bond buying supports as recoveries widen, the timing and speed […]
Pre-ECB jitters knock 1% off European stocks
September 8, 2021 By Sruthi Shankar (Reuters) – European stocks were on course for their biggest decline in three weeks on Wednesday, a day ahead of a European Central Bank meeting that will see policymakers debate a cut in its stimulus. The Europe-focussed STOXX 600 index fell 1.3%, tracking overnight losses on Wall Street’s benchmark […]
China says private tutors will not be able to offer classes online
September 8, 2021 SHANGHAI (Reuters) – China’s education ministry said on Wednesday that private tutors will be barred from offering courses online via avenues such as instant messaging services or livestreaming platforms, or in unregistered venues such as residential buildings and hotels. Beijing earlier this year barred for-profit tutoring in any school subject in an […]
Exclusive-Ryanair ready to wait years for Boeing to cut MAX price, says O’Leary
September 8, 2021 ROME (Reuters) – Ryanair is willing to wait years if necessary to place a new major order with Boeing as prices are too high, Chief Executive Michael O’Leary told Reuters in an interview in which he also downplayed the chance of a deal with rival Airbus. The Irish airline, one of Boeing’s […]
Ryanair says British airports to struggle this Christmas
September 8, 2021 ROME (Reuters) – British airports will struggle to cope with Christmas traffic due to the impact of COVID-19 and Brexit border controls, Ryanair Chief Executive Michael O’Leary told Reuters in an interview on Wednesday. “Certainly (for) Europe’s airports Christmas volumes will be no difficulty. The one exception to that will be the […]
Two people killed after gas blast hits apartment building in Russia -Ifax
September 8, 2021 MOSCOW (Reuters) – Two people were killed after a gas explosion struck a residential building in the Russian city of Noginsk, around 50 km (30 miles) east of Moscow, on Wednesday, the Interfax news agency cited the investigative committee as saying. “According to preliminary data, five people were injured and two have […]
Moroccans vote in parliament election under new voting rules
September 8, 2021 RABAT (Reuters) – Moroccans started voting on Wednesday in a parliamentary election under new rules that were expected to make it much harder for the moderate Islamist PJD to remain as the biggest party. Though election polls are banned, analysts expect the PJD to lose ground to its more pro-establishment rivals, the […]
Analysis-S.Korea blazes new path with ‘most potent’ conventional missile submarine
September 8, 2021 By Josh Smith SEOUL (Reuters) – South Korea’s development of a conventional submarine-launched ballistic missile (SLBM) is a ground-breaking move, analysts said, with implications for North Korea, the U.S. alliance, and even the prospect of nuclear weapons in South Korea. Last week, South Korea conducted ejection tests of the SLBM https://ift.tt/3tmZTBX from […]
Two killed, several hurt in gas blast in Russian apartment block
September 8, 2021 MOSCOW (Reuters) -A gas explosion on Wednesday in a nine-storey block of flats in a city near the Russian capital killed two people and damaged apartments, a law enforcement agency said. Big holes in the outer walls of the building in Noginsk city, 50 km (31 miles) east of Moscow, could be […]
Paris ramps up security as jihadist attacks trial starts
September 8, 2021 By Antony Paone and Ingrid Melander PARIS (Reuters) -Scores of police gathered around the Palais de Justice courthouse in central Paris early on Wednesday to protect the trial of 20 men suspected of involvement in a jihadist rampage across Paris on Nov. 13, 2015. Some 130 people were killed and hundreds wounded […]
Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services
In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each business. With banks, presenting a series of transactions as statements is all these businesses […]
India’s economic growth will remain strong in coming quarters, S&P says
September 8, 2021 NEW DELHI (Reuters) – India’s economic growth will remain strong in the coming quarters while inflation in Asia’s third largest economy is likely to remain at elevated levels, analysts at Standard and Poor’s said on Wednesday. S&P said the next rating action on India will depend on the pace of recovery over […]
Deutsche Bank CEO says not on hunt for M&A
September 8, 2021 FRANKFURT (Reuters) – Deutsche Bank Chief Executive Officer Christian Sewing said on Wednesday that the German lender wasn’t on the hunt for a potential merger partner. “We have to finish the homework that we’ve been carrying out for the last two to three years,” he said at a conference. (Reporting by Tom […]
Inflation could prompt ECB to tighten policy quicker, Holzmann says
September 8, 2021 FRANKFURT (Reuters) -The European Central Bank could tighten policy sooner than many expect as inflationary pressures could prove to be persistent, ECB policymaker Robert Holzmann said in a contribution to Eurofi Magazine on Wednesday. The ECB, which meets on Thursday, has kept policy ultra-easy since the start of the coronavirus pandemic, and […]
China says it will maintain communication with new Afghan government
September 8, 2021 BEIJING (Reuters) – China’s foreign ministry spokesperson Wang Wenbin said on Wednesday that China is ready to maintain communication with the new government and leader in Afghanistan. Wang made the comment at a daily briefing in Beijing when asked if China would recognize the new government, whose leaders were named on Tuesday. […]
Mexico’s top court decriminalizes abortion in ‘watershed moment’
September 8, 2021 By Lizbeth Diaz and Laura Gottesdiener MEXICO CITY (Reuters) -Mexico’s Supreme Court unanimously ruled on Tuesday that penalizing abortion is unconstitutional, a major victory for advocates of women’s health and human rights, just as parts of the United States enact tougher laws against the practice. The decision in the world’s second-biggest Roman […]
Asian shares fall on growth anxiety, dollar holds gains
September 8, 2021 (Corrects to add dropped surname in editing credits) By Alun John HONG KONG (Reuters) -Asian shares snapped eight successive sessions of gains on Wednesday, as fresh worries about slowing global growth prompted investors to reduce their exposure to riskier assets in a boost to safe-havens such as the U.S. dollar. In early […]
