September 6, 2021 BEIJING (Reuters) – Chinese automaker Geely has hired Stefan Sielaff, the former design chief of British luxury brand Bentley, as China’s manufacturers increasingly turn to new styles to boost sales in the world’s biggest car market. Sielaff, who also worked for Volkswagen AG and Daimler AG, will be based in Sweden’s Gothenburg […]
Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium
September 6, 2021 MILAN (Reuters) – Italian scooter maker Piaggio said on Monday it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles. The Swappable Batteries Motorcycle Consortium (SBMC) aims to broaden the use of […]
Families of MH17 airline crash victims to speak in court
September 6, 2021 AMSTERDAM (Reuters) – Dozens of relatives of the 298 victims of Malaysian Airlines flight 17, shot down over rebel-held eastern Ukraine in 2014, will begin giving testimony on Monday at the murder trial of four fugitive suspects accused of carrying out the attack. The aircraft was flying from Amsterdam to Kuala Lumpur […]
Tennis: U.S. Open day seven
September 6, 2021 NEW YORK (Reuters) – Young guns Carlos Alcaraz and Leylah Fernandez continued to impress at the U.S. Open on Sunday, the teenagers storming into the quarter-finals of a Grand Slam for the first time. Alcaraz, 18, beat Germany’s Peter Gojowczyk 5-7 6-1 5-7 6-2 6-0 to become the youngest men’s player in […]
Scores of asset managers fall short on tougher UK best practice code
September 6, 2021 By Huw Jones LONDON (Reuters) – BlackRock, Fidelity, Legal & General, M&G and abrdn are among 125 firms endorsed under Britain’s tougher best practice code to stop “greenwashing” by asset managers, though 64 peers failed to make the grade, the Financial Reporting Council said on Monday. Schroders, one of Britain’s leading asset […]
Newly discovered Napoleon hat with DNA previews in Hong Kong
September 6, 2021 By Aleksander Solum HONG KONG (Reuters) – A newly discovered hat with DNA evidence proving it belonged to the legendary European statesman and general Napoleon Bonaparte was previewed by auction house Bonhams in Hong Kong on Monday. Described by Bonhams as the “first hat to bear the Emperor’s DNA”, it is on […]
Somalia parliamentary vote is pushed back to November
September 6, 2021 MOGADISHU (Reuters) – Voting for members of Somalia’s lower house of parliament has been rescheduled for late November, a move that will delay the indirect election of a president. Voting for lawmakers by elders had been due to be completed this week, with the election of a speaker and swearing in of […]
Soccer-Women’s game treated like ‘second-class citizens’ without VAR: Chelsea’s Hayes
September 6, 2021 (Reuters) – Women’s Super League players are being treated like “second-class citizens” due to the absence of the Video Assistant Referee (VAR) system and goal line technology, Chelsea manager Emma Hayes said. Champions Chelsea lost 3-2 to Arsenal on Saturday at the Emirates Stadium as the new season of the women’s league […]
Tennis-Absence of Federer, Nadal extra motivation at US Open, says Tiafoe
September 6, 2021 NEW YORK (Reuters) – The U.S. Open is on track for a record number of five-set matches in the men’s draw and American Frances Tiafoe says Roger Federer and Rafa Nadal have a lot to do with that — even though they are not even playing at Flushing Meadows this year. World […]
Tech shares lead European stocks close to record highs
September 6, 2021 (Reuters) – European stocks edged towards record levels on Monday, led by gains in technology stocks, as hopes of more economic stimulus bolstered global sentiment. The pan-European STOXX 600 index rose 0.4% by 0712 GMT, holding 3 points below its all-time high after reversing Friday’s losses on a weaker-than-expected U.S. jobs data. […]
Dollar shakes off jobs report blues in big central bank week
September 6, 2021 By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar on Monday clawed back some of the losses sustained after last week’s poor U.S. jobs report, helped by firmer U.S. Treasury yields in a big week for major central banks. The dollar index, which measures the currency against six rivals, edged 0.1% higher […]
Qualcomm says it will supply chip for new Renault electric vehicle
September 6, 2021 (Reuters) – Qualcomm Inc on Monday said it will supply a key computing chip for the digital dashboard in a new Renault SA electric vehicle. San Diego, California-based Qualcomm, the world’s biggest supplier of key semiconductors in mobile phones, has been expanding into vehicles with chips that can power dashboards and infotainment […]
Shipping industry proposes levy to speed up zero carbon future
September 6, 2021 By Jonathan Saul LONDON (Reuters) – Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry’s efforts to go greener. With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions and the […]
China Evergrande bonds suspended as prices slump
September 6, 2021 By Andrew Galbraith SHANGHAI (Reuters) – Bonds issued by heavily indebted developer China Evergrande Group plunged on Monday on growing investor worries over the company’s ability to pay its debts, prompting China’s stock exchanges to halt trading. The Shanghai Stock Exchange said in a statement that it had temporarily suspended trading in […]
Founders Factory and G-Force launch Seed program for climate-focused startups
UK tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the G is for Green) based out of Bratislava, Slovakia, the program will look to invest in and accelerate climate-tech startups. The program will invest in entrepreneurs with startups that […]
Nigeria’s Autochek acquires Cheki Kenya and Uganda from ROAM Africa
Nigerian automotive tech company Autochek today is announcing the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount. Per a statement, Autochek will finalize the deal in the coming weeks. With the acquisition, Autochek completes its expansion into East Africa and follows the first acquisition made almost a […]
Gamestry gets $5M to give games video creators a sweeter deal
Barcelona-based gaming video platform Gamestry has snatched up $5 million in seed funding, led by Goodwater Capital, Target Global and Kibo Ventures — turning investors’ heads with a 175x growth rate over the past 12 months. While the (for now) Spanish-language gaming video platform launched a few years back, in 2018, last year the founders […]
German industrial orders surge on robust foreign demand
September 6, 2021 BERLIN (Reuters) – German industrial orders unexpectedly surged in July, official figures showed on Monday, hitting a post-reunification high and pointing to a solid start to the second half in the engine room of Europe’s largest economy. The figures published by the Federal Statistics Office showed orders for goods ‘Made in Germany’ […]
Six Palestinians escape from high-security Israeli prison -police
September 6, 2021 JERUSALEM (Reuters) – Six Palestinians escaped from a high-security Israeli prison on Monday, police said, and Israeli media reports identified them as members of militant groups. The reports said five of the prisoners belonged to the Islamic Jihad movement and one was a former commander of an armed group affiliated with the […]
Some British veterans taking their lives due to anger over Afghan withdrawal
September 6, 2021 LONDON (Reuters) – Some British military veterans from the Afghan war have taken their own lives because they are so devastated by the chaotic withdrawal of U.S.-led forces from the country and the victory of the Taliban, Britain’s armed forces minister said on Monday. The humiliation of the lightning Taliban takeover in […]
