September 3, 2021 BERLIN (Reuters) – The number of employees put on reduced working hours in job protection schemes in Germany fell by 35% in August, the economic institute Ifo said on Friday, as recovery in Europe’s largest economy continues. The number of people on the short-time work scheme, also known as Kurzarbeit, fell to […]
Uneven recovery for U.S. offshore energy production after Ida
September 3, 2021 (Reuters) – U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains. Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and […]
Macron proposes investing billions of euros in Marseille ahead of likely re-election bid
September 2, 2021 By Michel Rose MARSEILLE, France (Reuters) – French President Emmanuel Macron unveiled a multibillion-euro plan to turn Marseille into what he called a world city and help slash crime, drug trafficking and poverty, offering clues to campaign themes in his likely re-election bid. After a summer spent on international crises, Macron is […]
Thai activists push for PM to quit as confidence vote looms
September 3, 2021 BANGKOK (Reuters) – Anti-government protesters planned more demonstrations on Friday to demand Prime Minister Prayuth Chan-ocha resigns, as lawmakers challenged the premier and five ministers over their handling of a coronavirus crisis on the last day of a house censure debate. Activists vowed to protest daily until Prayuth leaves office, after staging […]
For VCs, the game right now is musical chairs
In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees — and sometimes both. Still, a growing number of early-stage investors with […]
Realme Pad to launch on September 9 – here’s what we know
Realme has announced that the first Tab from the Chinese company is all set to be launched on September 9. And, India would the first geography where the Realme Tab would be making its official appearance. Realme announced in a tweet that the event to launch the Realme Pad will take place at 12.30 PM […]
Fed likely to announce taper in November, former Fed official says
September 3, 2021 By Lisa Pauline Mattackal (Reuters) – omThe U.S. Federal Reserve is likely to announce the tapering of its asset purchases in November and begin the process a month later, former Federal Reserve official Dennis Lockhart said on Thursday. Waiting until November will give policymakers more data on the labor market’s recovery and […]
Fall of Japan PM Suga triggered by criticism over pandemic, failure to communicate
September 3, 2021 By Elaine Lies TOKYO (Reuters) – When Yoshihide Suga took over as Japan’s prime minister last year, hopes were high that skills honed over years as a keen backroom operator, and a common touch from his rural roots, would enable him to lead his nation through the pandemic. Instead, the virus surged […]
India August service activity grows at fastest pace since pandemic began
September 3, 2021 BENGALURU (Reuters) – India’s dominant services industry returned to growth in August, expanding at its fastest pace since the pandemic began, as businesses reopened amid improved vaccination rates, a survey showed on Friday, although firms continued to cut jobs. Despite the impact of the second wave of the COVID-19 pandemic, India’s economic […]
Factbox-Potential candidates to become Japan’s next prime minister
September 3, 2021 Japanese Prime Minister Yoshihide Suga, his support ratings in tatters ahead of a general election, said on Friday he would step down, setting the stage for his replacement as premier. Here are details about the people who might become Japan’s next prime minister. FUMIO KISHIDA, 64 A former foreign minister, Kishida had […]
Japan PM Suga decides to step down, Nikkei rises
September 3, 2021 TOKYO (Reuters) – Japanese Prime Minister Yoshihide Suga said on Friday he had decided not to run in the ruling Liberal Democratic Party’s leadership race, setting the stage for his replacement after just one year in office. Japan’s TOPIX stock index rose 1.6% to a 30-year high in afternoon trade after the […]
Tennis-Pliskova passes Anisimova test in three-set thriller
September 3, 2021 NEW YORK (Reuters) – Czech fourth seed Karolina Pliskova was on the verge of becoming an early casualty at the U.S. Open but overcame Amanda Anisimova 7-5 6-7(5) 7-6(7) in a thrilling second round encounter on Thursday. Pliskova looked in control in the opening set after a single break separated the players […]
Soccer-Wins for Argentina, Brazil set up mouth-watering World Cup qualifier
September 3, 2021 SAO PAULO (Reuters) – Victories for Brazil and Argentina on Thursday set the two sides up for an enticing World Cup qualifying clash in Sao Paulo this weekend. Argentina beat Venezuela 3-1 in Caracas to extend their unbeaten run to 21 games and know they can overcome Brazil on their home turf, […]
Tennis-Barty storms into third round as U.S. Open mops up
September 3, 2021 By Steve Keating NEW YORK (Reuters) -World number one Ash Barty stormed into the third round of the U.S. Open by taming Danish teenager Clara Tauson 6-1 7-5 on Thursday, while the Billie Jean King National Tennis Center mopped up after a night of torrential rain and damaging winds. A brilliant sun […]
U.S. job growth seen slowing in August as Delta variant curbs services demand
September 3, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion. The Labor Department’s closely watched employment […]
Britain’s trucker shortage jams post-pandemic recovery
September 3, 2021 By David Milliken LONDON (Reuters) – Two furloughed jumbo jet pilots and a burnt-out finance worker have been among the more unusual candidates to learn how to drive 44-tonne trucks at Laurence Bolton’s school in south London during the pandemic. “You get people from all industries, and think: ‘Blimey, I never saw […]
Google seeks to raise the bar on its Wear OS 3 – also sets a timeline
Barely a month-and-a-half after announcing that a new unified smartwatch platform called the Wear OS 3.0 was arriving, Google has taken steps to ensure that apps that running on its operating system provides a user experience that customers can rave about. The Fossil Gen 6 smartwatch could be the first to run the new software. […]
Vivo X70 Pro Specs, colour options found on TENAA listings
Chinese phone maker Vivo is all set to launch its latest Android-based flagship series the Vivo X70 on September 9 in China. And true to form, there have been enough of leaks to ensure that that there would be no surprises about the product range. The latest in the series of leaks ostensibly comes via […]
Australia’s bumper earnings get Delta reality check
September 3, 2021 By Paulina Duran SYDNEY (Reuters) – An Australian earnings season bonanza for shareholders has masked a more uncertain outlook for the corporate sector as the Delta COVID variant threatens to tip an economy that was surging only months ago back into its second recession in as many years. Australian-listed companies delivered a […]
Soccer-Ronaldo released by Portugal, gets Man United number seven jersey again
September 3, 2021 (Reuters) -Portugal forward Cristiano Ronaldo has been released from the national team squad after picking up a one-game suspension following their 2-1 victory over Ireland on Wednesday, the country’s football federation said in a statement https://ift.tt/3gT7bsg. The 36-year-old headed two late goals to give Portugal a 2-1 victory in their World Cup […]