September 7, 2021 LONDON (Reuters) – England have added wicketkeeper Jos Buttler and spinner Jack Leach to their squad for the fifth test against India at Old Trafford, the England and Wales Cricket Board (ECB) said on Tuesday. Buttler missed the fourth test at The Oval to attend the birth of his child, while Leach […]
Soccer-Spurs chairman Levy elected to ECA executive board
September 7, 2021 (Reuters) – Tottenham Hotspur chairman Daniel Levy has been elected to the executive board of the European Club Association (ECA), the body said on Tuesday. Levy will be joined by Inter Milan and Atletico Madrid CEOs Alessandro Antonello and Miguel Angel Gil as the other new members on the board of the […]
Exclusive-Italy expects 2021 deficit to be below 10% of national output -source
September 7, 2021 By Giuseppe Fonte ROME (Reuters) – Italy’s Treasury sees the 2021 budget deficit coming in at under 10% of national output, well below the 11.8% target set in April, as the economy recovers more quickly than expected from the pandemic, a source close to the matter told Reuters. In its latest forecasts […]
Firmer U.S. yields pushes dollar higher for second day
September 7, 2021 By Saikat Chatterjee LONDON (Reuters) – The dollar rose for a second consecutive day on Tuesday, moving away from a near-one month low hit last week, as firming U.S. Treasury yields prompted investors to cut short dollar positions against the euro before a central bank meeting this week. The greenback plunged to […]
Major U.S. insurers jump on distribution platforms to gain customers, sales
September 7, 2021 By Alwyn Scott NEW YORK (Reuters) – Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new platforms, including Semsee, bolttech, Bold Penguin and Uncharted, pull data from many […]
The money is there, Volkswagen CEO says of planned battery cell push
September 7, 2021 By Jan Schwartz MUNICH (Reuters) – Volkswagen is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade, its chief executive said. “The required capital is available in the market. Northvolt […]
Credit Suisse preparing further insurance claims for Greensill-linked funds
September 7, 2021 By Brenna Hughes Neghaiwi ZURICH (Reuters) – A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday. The collapse of Credit Suisse’s $10 billion worth of supply chain […]
Glovo to double down African investment in the next 12 months but will it stay put?
Spanish on-demand delivery platform Glovo today announced the expansion of its operations in Africa and plans to double its investment on the continent. The Barcelona-based company has invested up to €25M ($30M) by bringing its food delivery service to six African countries — Morocco, Uganda, Kenya, Ghana, Côte d’Ivoire, and Nigeria. Glovo is available in […]
TikTok and Snap alums launch mayk.it, a social music creation app, with $4M in seed funding
After living through the global upheaval of the COVID-19 pandemic, many workers are re-evaluating their career path. Stefan Heinrich Henriquez, a former Head of Global Marketing at TikTok and Chief Marketing Officer at Cameo, is one of them. “I have been thinking about music since my time at TikTok, and I was really thinking about […]
Myanmar shadow government calls for revolt against military rule
September 7, 2021 (Reuters) – Myanmar’s shadow government, formed by opponents of military rule, called for a revolt against the junta on Tuesday, setting out a strategy that included action by armed militias and ethnic forces and urging bureaucrats to leave their posts. Duwa Lashi La, the acting president of the National Unity Government, said […]
Qatar and Turkey working to restore Kabul passenger flights, ministers say
September 7, 2021 ANKARA (Reuters) – Qatar and Turkey are working to restore passenger flights at Kabul airport soon but have yet to agree with Afghanistan’s new Taliban rulers how to run the airport, their foreign ministers said on Tuesday. Both countries have technical teams at the airport and Qatar is chartering near daily humanitarian […]
Reopen schools or disaster looms, experts tell Indian authorities
September 7, 2021 By Krishna N. Das NEW DELHI (Reuters) – Many top Indian epidemiolgists and social scientists are urging authorities to reopen in-person school classes for all age groups, saying the benefits outweigh the risks especially as poor rural children are missing out on online education. The recommendation comes as experts say another COVID-19 […]
Seqera Labs grabs $5.5M to help sequence Covid-19 variants and other complex data problems
Bringing order and understanding to unstructured information located across disparate silos has been one of more significant breakthroughs of the big data era, and today a European startup that has built a platform to help with this challenge specifically in the area of life sciences — and has, notably, been used by labs to sequence […]
Factbox-Motor racing-New Mercedes F1 driver George Russell
September 7, 2021 LONDON (Reuters) – Factbox on British Formula One driver George Russell, announced by Mercedes on Tuesday as the next team mate for seven-times world champion Lewis Hamilton. * Born in King’s Lynn, England, on Feb 15, 1998, Russell took up karting at the age of seven. * Russell won the 2014 British […]
Exclusive-Russian car-sharing firm Delimobil eyes $350 million New York IPO in autumn -sources
September 7, 2021 By Olga Popova MOSCOW (Reuters) – Russian car-sharing company Delimobil could raise around $350 million in an initial public offering in the United States this autumn and has picked banks to arrange the listing, financial market sources told Reuters on Tuesday. Three sources said the company was targeting an offering this autumn, […]
Tackling wind energy waste, Gamesa produces recyclable blades
September 7, 2021 (Reuters) – Spanish turbine maker Siemens Gamesa said on Tuesday it has started producing recyclable offshore wind turbine blades for commercial use. Wind turbine blades are generally large and non-recyclable and at the end of their service end up in huge landfills that have started attracting environmentalists’ attention. Rival Vestas in May […]
Merkel’s conservatives slump to record low before German vote
September 7, 2021 BERLIN (Reuters) – Support for Chancellor Angela Merkel’s conservative bloc has fallen to an all-time low of 19%, a Forsa poll showed on Tuesday, less than three weeks before a German election, while the Social Democrats (SPD) extended their lead to 6 points. The Forsa poll for RTL/n-tv put the conservative bloc […]
U.S., Japan, S.Korea prepare for possible meeting on N.Korea -report
September 7, 2021 TOKYO (Reuters) – The United States, South Korea and Japan are preparing for a possible meeting of officials handling North Korea next week in Tokyo, Kyodo news agency reported on Tuesday. Arrangements were being made for talks between the U.S. envoy for North Korea, Sung Kim, and his Japanese and South Korean […]
Sergeant Bee, immortalized in Afghanistan photo, reflects on war’s legacy
September 7, 2021 By Maurice Tamman JACKSONVILLE, N.C. (Reuters) – Today, on a leafy cul-de-sac in North Carolina, his hair is streaked with gray, and he wears his beard long. But on that day 13 years ago, as he sat tucked behind a mud wall in Afghanistan, his head was close-cropped, bare and vulnerable. Retired […]
Tennis-U.S. Open day eight
September 7, 2021 NEW YORK (Reuters) – World number one Novak Djokovic continued his quest for a calendar year Grand Slam after weathering an early storm against Jenson Brooksby to reach the U.S. Open quarter-finals, while Greece’s Maria Sakkari ousted 2019 champion Bianca Andreescu. Djokovic dug deep under the lights at Arthur Ashe Stadium, overcoming […]
