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David Barret

Hydrogen may help wean telecoms off emissions-intensive power for remote infrastructure

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Aaron Sheldrick TOKYO(Reuters) – As the world rushes to cut carbon emissions, hydrogen fuel cells may offer global telecoms an environmentally friendly solution to power energy-hungry remote networks, experts say. Telecoms run vast arrays of relay stations, data centres and other infrastructure that need reliable, constant power. Hydrogen fuel cells, invented […]

Filed Under: News

In surprise move, Britney Spears’ father asks for conservatorship to end

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Lisa Richwine LOS ANGELES (Reuters) -Jamie Spears, the father of Britney Spears, on Tuesday asked a Los Angeles court to end the pop singer’s 13-year conservatorship, saying circumstances have changed in recent months. In an unexpected development, Jamie Spears, who in 2008 set up the court-sanctioned arrangement that governs the singer’s […]

Filed Under: News

Oil holds steady on slow return of U.S. supplies after Hurricane Ida

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Sonali Paul and Florence Tan MELBOURNE/SINGAPORE (Reuters) -Oil prices were little changed on Wednesday following overnight losses from a stronger dollar and demand concerns, with a slow production restart in the U.S. Gulf of Mexico providing some support. U.S. West Texas Intermediate (WTI) crude futures rose 11 cents, or 0.2%, to […]

Filed Under: News

Analysis-With GameStop earnings on tap, options traders bet on muted moves

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday. Traders are pricing a 14% swing for GameStop’s shares by Friday, […]

Filed Under: News

France’s Sanofi to buy U.S. biopharma firm Kadmon in $1.9 billion deal

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 PARIS (Reuters) – French drugmaker Sanofi SA has agreed to buy U.S. biopharmaceutical company Kadmon Holdings Inc in a $1.9 billion deal, the companies said on Wednesday. Sanofi said it has offered $9.50 per share in cash for Kadmon, representing a total equity value of approximately $1.9 billion on a fully diluted […]

Filed Under: News

BHP signs partnership deal with billionaire-backed AI explorer KoBold

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 MELBOURNE (Reuters) – BHP Group will team up with billionaire-backed AI exploration firm KoBold Metals to look for battery minerals like copper and nickel in Australia and other global locations, the companies said on Wednesday. The world’s largest miner is building out its portfolio in what it calls “future facing commodities”, expecting […]

Filed Under: News

Toshiba says detailed talks on buyouts meaningful only after option review

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Wednesday detailed talks on potential take-private deals would make sense only after all strategic options are carefully reviewed, spurning calls from some shareholders to start soliciting buyout bids. The statement comes as the Japanese industrial conglomerate has been in talks https://ift.tt/3l5dnyl with […]

Filed Under: News

Japan PM contender Kishida urges new form of capitalism to end disparity, recover from pandemic

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) -Japan should strive for a new form of capitalism to reduce income disparity that has worsened under the coronavirus pandemic, says former foreign minister Fumio Kishida who hopes to become leader of the ruling party and next prime minister. Kishida is the only Liberal […]

Filed Under: News

Factbox-Possible candidates to become Japan’s next prime minister

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 TOKYO (Reuters) – Japanese Prime Minister Yoshihide Suga, his support ratings in tatters ahead of a general election, said last week he would step down https://ift.tt/3l7MsST, meaning the ruling Liberal Democratic Party (LDP) will choose a new leader on Sept. 29, who will become prime minister. Here are details about some people […]

Filed Under: News

Leap Finance raises $55 million to help Indian students study abroad, plans international expansion

September 8, 2021 by David Barret Leave a Comment

Hundreds of thousands of teenagers and young adults get on flights each year from India to a foreign land to pursue higher education. Upon landing, they face myriad challenges. One big one: They don’t have a local credit history, so they can’t avail a range of financial services, including a loan or a credit card […]

Filed Under: News

Indian fintech Slice launches $27 credit limit cards to tap 200 million users

September 8, 2021 by David Barret Leave a Comment

Even as there are hundreds of millions of Indians who have bank accounts, only about 30 million of them have credit cards. The adoption rate of the plastic card has largely remained stagnant in the South Asian nation for the last few years. The relatively young credit-rating system in India covers only a tiny fraction […]

Filed Under: News

China’s macro leverage ratio down slightly at end-June – central bank publication

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 BEIJING (Reuters) – China’s macro leverage ratio, which measures the economy’s overall indebtedness, stood at 274.9% at end-June, down 4.5 percentage points from the end of last year, China Finance said on Wednesday. The drop was due to the receding impact of the COVID-19 epidemic on the Chinese economy and a decline […]

Filed Under: News

BlackRock’s China unit raises $1 billion in maiden mutual fund

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 SHANGHAI (Reuters) -BlackRock’s China mutual fund subsidiary set up its first fund in the country after raising 6.68 billion yuan ($1.03 billion) during a shortened subscription period, signalling warm reception by investors. Wednesday’s disclosure came a day after billionaire investor George Soros said it was a mistake for BlackRock to invest in […]

Filed Under: News

Fire at overcrowded Indonesian prison kills at least 40 -official

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 JAKARTA (Reuters) – A fire tore through an overcrowded block in a jail in Indonesia’s Banten province in the early hours of Wednesday, killing at least 40 people and injuring dozens, a government spokeswoman and media reports said. The fire, which broke out at 1 to 2 a.m. at the Tangerang Prison […]

Filed Under: News

New IBM Power E1080 server promises dramatic increases in energy efficiency, power

September 8, 2021 by David Barret Leave a Comment

We know that large data centers running powerful servers use vast amounts of electricity. Anything that can reduce consumption would be a welcome change, especially in a time of climate upheaval. That’s where the new IBM Power E1080 server, which is powered by the latest Power10 processors, comes into play. IBM claims it can consolidate […]

Filed Under: News

Soccer-Bale not in favour of biennial World Cup

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 (Reuters) – Wales captain Gareth Bale said he is not in favour of a FIFA proposal to hold the World Cup every two years. The 2022 World Cup in Qatar could be the 32-year-old’s last opportunity to play in the tournament but the winger said making the competition a biennial event would […]

Filed Under: News

Hangzhou tops EIU chart of Chinese cities with most economic potential

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 BEIJING (Reuters) – The Chinese tech hub of Hangzhou, home to e-commerce giant Alibaba, topped a Economist Intelligence Unit ranking of Chinese cities with the greatest economic growth potential in the next few years. All the cities in the top 10 are in eastern and southern China, except for the capital Beijing, […]

Filed Under: News

Toshiba says board has not yet decided on best strategic option

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 TOKYO (Reuters) – Toshiba Corp said on Wednesday its board has not yet decided on the most appropriate strategic option for the company and is continuing to explore feasible alternatives. The board has determined that its strategic review committee should focus on potential investors’ approach on corporate value including how to resolve […]

Filed Under: News

In surprise move, Britney Spears’ father asks for conservatorship to end

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Lisa Richwine LOS ANGELES (Reuters) -Jamie Spears, the father of Britney Spears, on Tuesday asked a Los Angeles court to end the pop singer’s 13-year conservatorship, saying circumstances have changed in recent months. In an unexpected development, Jamie Spears, who in 2008 set up the court-sanctioned arrangement that governs the singer’s […]

Filed Under: News

Japan PM contender Kishida says new form of capitalism needed to end disparity, recover from pandemic

September 8, 2021 by David Barret Leave a Comment

September 8, 2021 By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) – Japan should strive for a new form of capitalism to reduce income disparity that has worsened under the coronavirus pandemic, says former foreign minister Fumio Kishida who hopes to become leader of the ruling party and next prime minister. Kishida is the only […]

Filed Under: News

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