September 3, 2021 (Reuters) – The National Hockey League (NHL) has agreed to allow a break in the 2021-22 NHL regular season that will allow the world’s top players to take part in next year’s Winter Olympics in Beijing, the NHL and NHL Players Association (NHLPA) said on Friday. NHL players missed the last edition […]
Delta causes jump in U.S. workers sidelined in recent weeks, survey shows
September 3, 2021 (Reuters) – The number of people who were unable to work at some point over the previous four weeks or teleworked due to the COVID-19 pandemic rose in August for the first time since December, U.S. data showed on Friday, in a worrying sign for the country’s jobs recovery. The percentage of […]
Britain says it wants to engage with the Taliban
September 3, 2021 By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Britain will not recognise the Taliban as the new government in Kabul, but must deal with new realities in Afghanistan and does not want to see its social and economic fabric broken, Foreign Secretary Dominic Raab said on Friday. Speaking during a visit […]
Qatar working to open humanitarian corridors to Afghanistan, official says
September 3, 2021 DUBAI (Reuters) – Qatar is working to facilitate the opening of humanitarian corridors to get aid into Afghanistan, a Qatari foreign ministry official said on Friday. Qatar was engaging with the Taliban to ensure a peaceful transition of power to an inclusive and effective government, special envoy Mutlaq bin Majed Al Qahtani […]
Ho Chi Minh City could lift lockdown, end ‘zero COVID-19’ policy
September 3, 2021 HANOI (Reuters) -Vietnam’s coronavirus epicentre Ho Chi Minh City, which has kept residents confined at home under lockdown, is considering reopening economic activity from Sept. 15, shifting from a “zero COVID-19” strategy to a policy of living with the virus. The city of 9 million people is targeting a phased reopening and […]
Saudi state media companies to start moving from Dubai to Riyadh
September 3, 2021 By Aziz El Yaakoubi DUBAI (Reuters) – Dubai-based Saudi state-owned media companies will start moving staff this month to the capital Riyadh, sources said, as Crown Prince Mohammed bin Salman presses ahead with plans to remould the kingdom as a regional business hub. The move follows a Saudi government decision earlier this […]
Motor racing-Ferrari one-two after first day of Dutch GP practice
September 3, 2021 By Bart H. Meijer ZANDVOORT, Netherlands (Reuters) – Ferrari drivers Charles Leclerc and Carlos Sainz led one-two at the top of the practice timesheets after a stoppage-hit opening day at the first Dutch Formula One Grand Prix in 36 years on Friday. Red Bull’s home favourite and title contender Max Verstappen, with […]
Emerging market corporate bond sales scale record high this year
September 3, 2021 By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market firms have flocked to bond markets to cash in on low interest rates and have raised a record amount of money to fund expansion plans as they look beyond the coronavirus pandemic, data showed. Companies in developing nations have raised a record […]
U.S. has no plans to release billions in Afghan assets, Treasury says
September 3, 2021 By Andrea Shalal and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration has no plans to release billions in Afghan gold, investments and foreign currency reserves parked in the United States that it froze after the Taliban’s takeover, despite pressure from humanitarian groups and others who say the cost may be the collapse […]
Hyundai Motor set to use internally developed chip for upcoming car -media report
September 3, 2021 SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to use an auto chip it has developed itself for one of its upcoming vehicles next year, the Seoul Economy Daily reported on Friday. Hyundai Motor, which together with affiliate Kia Corp is among the world’s top 10 biggest automakers by sales, plans […]
Beijing city looks to take Didi under state control, Bloomberg News reports
September 3, 2021 (Reuters) -Beijing city is considering taking Didi Global under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its largest corporations, and particularly the data it holds, Friday’s […]
Turkish hotels to close early after UK ‘red list’ dashes hopes
September 3, 2021 By Ceyda Caglayan and Canan Sevgili ISTANBUL (Reuters) – When Britain announced Turkey would stay on its “red list” of travel destinations last week, Onur Arican decided to close his boutique hotel on the Aegean coast early this year rather than wait out a summer season derailed by COVID-19 and wildfires. In […]
EU defence force should not stretch NATO’s resources, Stoltenberg says
September 3, 2021 By Robin Emmott BRUSSELS (Reuters) – NATO Secretary-General Jens Stoltenberg said on Friday he supported European Union plans to build a common defence policy but he warned against any rapid reaction force https://ift.tt/2WNcp1v that might duplicate allied operations. EU defence ministers are considering creating a “first entry force” of 5,000 troops, saying […]
Dollar weakens after U.S. payrolls miss
September 3, 2021 (Corrects to show euro high of 1.1909, not 1.909) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar weakened further against a basket of major currencies on Friday after a much softer than expected U.S. payrolls report that is likely to keep the Federal Reserve on hold in scaling back its massive […]
U.S. economy’s hot vax summer ends in cool COVID fall as Delta rises
September 3, 2021 By Howard Schneider and Trevor Hunnicutt WASHINGTON (Reuters) -The promise of a “normal” U.S. economy this summer, which kicked off with the June revival of restaurants, air travel and baseball games, is transforming into an uncertain fall of rising health and economic risks. Labor Day weekend, the traditional end of the U.S. […]
S&P 500, Dow slip as monthly jobs growth slows; tech stocks lift Nasdaq
September 3, 2021 By Shashank Nayar (Reuters) -The S&P 500 and the Dow fell on Friday as a slowdown in U.S. jobs growth raised questions about the pace of the economic recovery, while the tech-heavy Nasdaq jumped as the report also calmed fears of an imminent tapering in monetary policy. Eight of the 11 S&P […]
Director Villeneuve says science fiction epic ‘Dune’ more relevant today
September 3, 2021 By Marie-Louise Gumuchian (Reuters) – Tackling politics, religion, the fight for precious resources and the environment, Frank Herbert’s 1965 epic science fiction novel “Dune” is more relevant to today’s audiences, director Denis Villeneuve said on Friday as he brought his ambitious adaptation to the Venice Film Festival. An ensemble cast led by […]
NYC-based insurance underwriting platform Kalepa raises $14M Series A led by Inspired Capital
Kalepa, an insurance underwriting platform based out of New York, has raised a $14 million Series A funding round led by Inspired Capital, with participation from previous investor IA Ventures. Also participating was Gokul Rajaram of Doordash, Coinbase, and formerly of Google, Jackie Reses, formerly of Square, and Henry Ward of Carta. Founded by Paul […]
Tunisia’s powerful union calls to change political system
September 3, 2021 TUNIS (Reuters) – Tunisia’s powerful labour union on Friday called on the president to propose changes to the political system and put them to a referendum after his seizure of governing powers in July in a move critics called a coup. The UGTT union, which has so far backed President Kais Saied […]
Taliban co-founder Baradar to lead new Afghanistan govt – sources
September 3, 2021 (Reuters) – Taliban co-founder Mullah Abdul Ghani Baradar will lead a new Afghan government set to be announced soon, sources in the group said on Friday, as its fighters battled forces loyal to the vanquished republic in the Panjshir Valley north of Kabul. But the new government’s most immediate priority may be […]
