News

September 17, 2021 By Ann Saphir (Reuters) – Treasury Secretary Janet Yellen says failure to raise the U.S. debt limit could lead to the unthinkable: a default on government payment obligations. That’s an outcome the White House on Friday warned could plunge the economy into recession. If the impasse in Congress over the $28.5 trillion […]

September 17, 2021 By Julie Gordon and Steve Scherer OTTAWA/WINDSOR, Ontario (Reuters) -As Canada’s election race enters its final weekend, Prime Minister Justin Trudeau is redoubling efforts to motivate supporters, knowing his bid for re-election on Monday could be doomed by low turnout. Recent opinion polls show Trudeau’s Liberals neck and neck https://ift.tt/3lqngqC with the […]

Hackers associated with the hacktivist collective Anonymous say they have leaked gigabytes of data from Epik, a web host and domain registrar that provides services to far-right sites like Gab, Parler and 8chan, which found refuge in Epik after they were booted from mainstream platforms. In a statement attached to a torrent file of the […]

September 17, 2021 By Shreyashi Sanyal (Reuters) -European stocks fell on Friday, capping their third straight week in the red as the basic resources sector was hit by declines in Anglo American, but news that Britain was mulling easing travel restrictions boosted airlines and hotel groups. Anglo American tumbled 8.1% after Morgan Stanley and UBS […]

September 17, 2021 (Reuters) – Singapore’s health ministry reported 935 new COVID-19 cases on Friday, the highest since April last year. A recent rise in cases after the relaxation of some COVID-19 measures has prompted Singapore to pause on further reopening. More than 80% of its population has been vaccinated against COVID-19. (Reporting by Jahnavi […]

September 17, 2021 By Susanna Twidale, Isla Binnie and Stephen Jewkes LONDON/MADRID/MILAN (Reuters) – Several European power firms have been shut out of bumper revenues from record high gas and electricity prices as their sales are largely locked in at lower prices, and face extra pressure from governments acting to protect consumers. Power generators say […]

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores Apple drops its lawsuit against maker of iPhone emulation software Rolls-Royce, best known in aviation for its jet engines, has taken an all-electric airplane on its maiden […]

September 17, 2021 (Corrects to add phrase “to restructure” in first paragraph) PARIS (Reuters) – Malaysia’s AirAsia has reached a deal with Airbus to restructure a large outstanding order for A320-family passenger jets, industry sources said on Friday. Asia’s largest low-cost airline group is one of the European planemaker’s biggest customers but deliveries and progress […]

September 17, 2021 By Carolyn Cohn NEW YORK (Reuters) – World shares fell on Friday, pressured by concerns over China’s markets, the potential for a U.S. corporate tax hike and an update on the U.S. Federal Reserve’s tapering strategy next week. The U.S. 10-year treasury note yield rose to touch a two-month high in early […]

September 17, 2021 By Lewis Krauskopf NEW YORK (Reuters) – Debate over the need for COVID-19 booster shots is clouding the outlook for Moderna Inc’s high-flying shares after the U.S. biotechnology company’s stock price soared as much as 360% this year, making it the best performer in the S&P 500. Investors on Friday were awaiting […]

September 17, 2021 By Anna Irrera and Iain Withers LONDON (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and plugging in software from tech startups to offer customers everything from banking […]

Companies typically have to settle on strategies that align with their customers, employees, investors, and regulators. The more they know about how the other side will decide, the clearer their own strategies become. If regulators always prefer choice for consumers, then it is easy for a platform to allow multiple payment choices: Shopify allows multiple […]

September 17, 2021 By Anthony Boadle BRASILIA (Reuters) – The only two known male members of the Piripkura tribe in Brazil live in isolation on ancestral lands the size of Luxembourg in the Amazon rainforest, resisting decades of invasion by loggers and cattle ranchers. Brazil’s indigenous affairs agency Funai renewed a protection order on Friday […]

September 17, 2021 LONDON (Reuters) – U.S. Open champion Emma Raducanu on Friday said that re-watching her stunning victory in this month’s final felt like watching someone else, adding that her achievement had started to sink in but it was still difficult to fully comprehend. The 18-year-old Briton took the tennis world by storm when […]

September 17, 2021 By Jamie Freed (Reuters) – Regulators in Asian hubs like Singapore and Hong Kong have threatened to retaliate against European Union plans to force airlines to start using take-off and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe’s carriers to fly empty seats for thousands of miles […]

September 17, 2021 By Yew Lun Tian LUOYANG, China (Reuters) – A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer’s severe cash crunch. Work on the five-tower condominium and 16 […]

September 17, 2021 LONDON (Reuters) – Four non-fungible token (NFT) artworks inspired by late Queen frontman Freddie Mercury are being auctioned off for charity to mark what would have been his 75th birthday. Three show the singer while the fourth is a dreamlike depiction of a white grand piano with a crown on its stool, […]

In May 2020, WarnerMedia launched HBO Max into a crowded streaming landscape. In spite of early struggles, the timing couldn’t have been better. When the world was stuck at home, struggling to find new sources of entertainment amid a global pandemic, HBO’s latest attempt at an app-based platform rose in the ranks alongside fellow newly […]

September 17, 2021 SIENA, Italy (Reuters) – Europe should temporarily suspend its tariffs on imported steel to head off shortages and avoid harmful effects on industry, Italian Industry Minister Giancarlo Giorgetti said on Friday. Asked if Rome planned to intervene in the 25% tariff scheme, Giorgetti said that Europe had prioritised the interests of the […]

September 17, 2021 WASHINGTON (Reuters) – The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and could lead to cuts in critical state services. The government faces an October deadline on the debt limit, after which it may not […]