September 7, 2021 LONDON (Reuters) – A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4% while smaller rival ether fell more than 6%. The world’s biggest and best-known cryptocurrency weakened 4% to $50,516, having risen to a mid-May high above $52,000 earlier, in Asian trading. Ether, the coin linked to the ethereum […]
U.S. probes Raytheon’s dealings with consultant for Qatar Armed Forces – WSJ
September 7, 2021 (Reuters) – U.S. authorities are investigating whether payments by U.S. weapons maker Raytheon Technologies Corp to a consultant for the Qatar Armed Forces may have been bribes intended for a member of the country’s ruling royal family, the Wall Street Journal reported on Tuesday https://on.wsj.com/3l3SZh6, citing people familiar with the matter. A […]
Telecom deals in focus as European stocks slip from highs
September 7, 2021 By Sruthi Shankar (Reuters) – European stocks slipped from recent highs on Tuesday as a flurry of deals in the telecom sector led by Deutsche Telekom was offset by caution ahead of a European Central Bank meeting later this week. The pan-European STOXX 600 index slipped 0.3% after coming close to a […]
Theranos founder’s defense may turn on state of mind, experts say
September 7, 2021 By Jody Godoy (Reuters) – As Elizabeth Holmes’ fraud trial gets underway this week, lawyers for the former Silicon Valley entrepreneur may try to show she was a true believer in the blood-testing technology at her startup Theranos Inc, and never intended to defraud investors and patients, legal experts said. On Wednesday, […]
U.S. Congress stuck between a rock and a hard place on raising debt limit
September 7, 2021 By Richard Cowan WASHINGTON (Reuters) – Democrats and Republicans will start what could become a monumental game of chicken this month over raising the limit on U.S. government borrowing, as Congress attempts to avert an historic debt default. Leaders of the Democratic-led Senate and House of Representatives are expected to force votes […]
Five challenges the Fed chief may face in the next four years
September 7, 2021 By Ann Saphir and Jonnelle Marte (Reuters) – U.S. President Joe Biden’s coming decision of whether to reappoint Federal Reserve Chair Jerome Powell after his term expires in February or hand the reins to somebody else will arrive at a critical juncture for the central bank. Progressive Democrats want the Fed to […]
Explainer: How will solid-state batteries make electric vehicles better?
September 7, 2021 By Tim Kelly and Sayantani Ghosh TOKYO/SINGAPORE (Reuters) – Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars. HOW ARE THEY DIFFERENT FROM LIQUID LITHIUM-ION BATTERIES? Solid-state batteries […]
S.African animator fuses cartoon with reality in satellite debut
September 7, 2021 JOHANNESBURG (Reuters) – Self-taught South African 3D animator Lwazi Msipha wanted to create something for both grown-ups and kids, along the lines of The Simpsons, when he dreamed up the character that won him a coveted slot on satellite TV. So he hit on an idea: what if his children’s’ cartoon character […]
Ecuador eyes new Galapagos marine reserve to limit commercial fishing
September 7, 2021 By Alexandra Valencia and Brian Ellsworth QUITO (Reuters) – Ecuador’s government is considering creating a new marine reserve near the Galapagos Islands to protect migratory species of turtles, whales and sharks threatened by industrial fishing and climate change. A massive Chinese fishing fleet operating near the Galapagos gained global attention https://ift.tt/2Enw6Uz last […]
Guinean junta replaces provincial governors after coup, media say
September 7, 2021 CONAKRY (Reuters) – The soldiers who seized power in Guinea over the weekend have consolidated their takeover with the installation of military provincial governors, Guinean media reported on Tuesday. West African leaders have threatened sanctions over the overthrow of President Alpha Conde, who was serving a controversial third term after first winning […]
UNICEF trying to reunite evacuated Afghan children with families
September 7, 2021 GENEVA (Reuters) – UNICEF is trying to reunite hundreds of Afghan children who were separated from their families and evacuated to various countries during the hurried U.S. withdrawal from the country, the U.N. agency said on Tuesday. Hundreds of children were separated in the chaotic scenes at Kabul airport and UNICEF is […]
EU seeks penalties on Poland in dispute over judicial reform
September 7, 2021 (Reuters) – The European Commission said on Tuesday it had asked the EU’s top court to impose financial penalties on Poland over the activities of a judges’ disciplinary chamber, stepping up a long-running dispute with Warsaw over the rule of law. Critics say the disciplinary chamber is politicized and the European Union’s […]
Global reinsurance rates to keep rising next year – Moody’s
September 7, 2021 LONDON (Reuters) – Global reinsurance rates are likely to continue rising next year, in the low to mid-single digit percentage range, Moody’s analysts said on Tuesday. Reinsurance rates have been rising in the past few years after natural disasters such as hurricanes and wildfires, as well as from the impact of the […]
Soccer-Barca president Laporta insists Super League still alive
September 7, 2021 BARCELONA (Reuters) – Barca president Joan Laporta has insisted that the Super League project is still alive, despite the withdrawal earlier this year of the majority of founding clubs. The Catalans, along with Real Madrid and Juventus are the only three clubs remaining in the seemingly doomed breakaway competition, which was announced […]
German investor morale falls as shortages hold back recovery – ZEW
September 7, 2021 BERLIN (Reuters) – Investor sentiment in Germany deteriorated for the fourth month in a row in September as investors expect raw material scarcity and chip shortages to slow the recovery in Europe’s largest economy, a survey showed on Tuesday. The ZEW economic research institute said its survey of investors’ economic sentiment fell […]
Euro zone growth revised up as consumer spending rebounds sharply
September 7, 2021 BRUSSELS (Reuters) – The euro zone economy grew by more than initially forecast in the second quarter of the year, revised data from the EU’s statistics office showed, with consumer rebounding sharply after two quarters of decline during pandemic lockdowns. Eurostat said on Tuesday that gross domestic product in the 19 countries […]
Taliban fire in air to scatter Kabul protesters; no reports of injuries
September 7, 2021 (Reuters) – Taliban gunmen fired in the air on Tuesday to scatter protesters in the Afghan capital of Kabul, witnesses said, as video showed scores of people scurrying to escape volleys of gunfire, although there were no immediate reports of injuries. Hundreds of men and women shouting slogans such as “Long live […]
Motor racing-Russell to join Hamilton at Mercedes in all-British lineup
September 7, 2021 LONDON (Reuters) – George Russell will race for Mercedes next season in an all-British line-up with seven times world champion Lewis Hamilton, the Formula One team said on Tuesday. Russell, who is in his third season at Williams, will replace Finland’s Valtteri Bottas whose move to Alfa Romeo was announced on Monday. […]
Merkel implores Germans to back Laschet at election to succeed her
September 7, 2021 BERLIN (Reuters) – Chancellor Angela Merkel made an impassioned plea to German voters on Tuesday to back a government led by conservative Armin Laschet in this month’s national election, saying their other option was a left-wing ruling coalition. After losing their lead in opinion polls to the centre-left Social Democrats (SPD) last […]
Women’s health tech brand, Elvie, tops up Series C to $97M
Elvie, the women’s health tech pioneer behind a connected breast pump and smart pelvic floor exerciser, has topped up a Series C which it announced earlier this summer (July) — adding a further £12.7m to bring the total raised to £70 million ($97m). The 2013-founded, UK-based startup previously raised a $42M Series B in 2019, and […]
