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Taiwan raps Fitch for calling it part of China in ratings upgrade

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 TAIPEI (Reuters) -Taiwan’s government scolded Fitch Ratings on Friday for calling the island part of China for the first time, in an announcement on upgrading Taiwan’s economic outlook, and said it was talking to the company about the issue. China, which claims democratically ruled Taiwan as its own territory, has pressured foreign […]

Filed Under: News

Exclusive: Wide-ranging SolarWinds probe sparks fear in Corporate America

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Christopher Bing, Chris Prentice and Joseph Menn (Reuters) – A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry. The SEC is asking […]

Filed Under: News

U.S. producer prices increase solidly in August

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 WASHINGTON (Reuters) – U.S. producer prices increased solidly in August, indicating that high inflation is likely to persist for a while, with supply chains remaining tight as the COVID-19 pandemic drags on. The producer price index for final demand rose 0.7% last month, the Labor Department said on Friday. That followed two […]

Filed Under: News

Company bosses face ethical dilemmas in French film premiering in Venice

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Silvia Aloisi VENICE (Reuters) – The tension between labour and profit in globalised, market-oriented economies is at the centre of French director Stéphane Brizé’s new film “Another World”, the story of a plant manager who is asked by his bosses to lay off his own workers. The movie, which premieres at […]

Filed Under: News

Jim Lanzone breaks up with Tinder, swipes right to take the CEO job at Yahoo, Renate Nyborg takes Tinder CEO role

September 10, 2021 by David Barret Leave a Comment

Ten days after Apollo Global completed its acquisition of Yahoo (formerly Verizon Media) from Verizon for $5 billion, it has appointed a new CEO for the group. Jim Lanzone, who is currently the CEO of dating app Tinder, is coming on to lead the company (which, disclaimer, also owns TechCrunch). Renate Nyborg, who had been […]

Filed Under: News

Why do the media always pit labor against capital?

September 10, 2021 by David Barret Leave a Comment

Seth Levine Contributor Share on Twitter Seth Levine is a partner and co-founder of the venture capital firm Foundry Group, based in Boulder, CO. Elizabeth MacBride Contributor Share on Twitter Elizabeth MacBride is an award-winning journalist and the founder of “Times of Entrepreneurship,” a new publication covering entrepreneurs beyond Silicon Valley. The uproar that arose […]

Filed Under: News

Kroger expects smaller decline in same-store sales on grocery demand

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) -Kroger Co said on Friday it expected a smaller decline in annual same-store sales as nerves around this summer’s surge in coronavirus infections kept Americans stocking up on groceries. The more infectious Delta variant has driven a resurgence in U.S. COVID-19 cases, delaying a return to normal and aiding businesses of […]

Filed Under: News

China’s President Xi spoke with German Chancellor Merkel – state media

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BEIJING (Reuters) – China’s President Xi Jinping urged Germany to promote a “correct” policy towards China within the European Union in a phone call with German Chancellor Angela Merkel, according to a Chinese state media report on Friday. He also said he hopes the EU-China Comprehensive Agreement on Investment could be ratified […]

Filed Under: News

Soccer-Aguero has no Barca regrets despite Messi exit

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BARCELONA (Reuters) – Forward Sergio Aguero said he has no regrets over signing for Barcelona despite the fact that close friend Lionel Messi left the club in the same transfer window. The Argentine, who arrived on a free transfer from Manchester City, said he was happy with the decision he had made […]

Filed Under: News

Soccer-England Women manager Wiegman hoping for home Euro success next year

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) – England Women manager Sarina Wiegman guided the Netherlands to European Championship success on home soil in 2017 but said replicating that feat in her new role would be a much harder task. Wiegman, who also led the Netherlands to the 2019 World Cup final, was named Phil Neville’s successor last […]

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Soccer-Ronaldo had to leave but sale opens new cycle, says Juventus director

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 ROME (Reuters) – Juventus had no choice but to sell Cristiano Ronaldo after he demanded to leave in August, according to the Italian club’s football director Federico Cherubini, but the forward’s exit could herald a new era focused on youth. The 36-year-old rejoined Manchester United last month after three years in Turin, […]

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Soccer-Newcastle looking to spoil Ronaldo party at Man Utd, says Bruce

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) – Cristiano Ronaldo could make his second Manchester United debut in the Premier League on Saturday but Newcastle United will do everything they can to be party poopers at Old Trafford, manager Steve Bruce said. Ronaldo, 36, re-joined United from Juventus on a two-year deal last month and the Portuguese forward […]

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Rugby-Control freak De Klerk braced for Australia challenge

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) – The return of Faf de Klerk as the conductor to South Africa’s orchestra is a massive boost to the Springboks ahead of their Rugby Championship clash with Australia in the Gold Coast on Sunday. The nuggety scrumhalf missed the team’s last three tests through injury but is back in the […]

Filed Under: News

Cricket-Yorkshire say ex-player Rafiq was victim of harassment, bullying

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) -Yorkshire have apologised to former player Azeem Rafiq and accepted that he was a victim of racial harassment and bullying during his first spell at the county, the club said on Friday. Rafiq, a player of Pakistani descent and a former captain of the England Under-19s, last year said he was […]

Filed Under: News

China fines auto chip sales companies for driving up prices

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BEIJING (Reuters) – China market regulator said on Friday that it fined three auto chip sales companies for driving up prices, in a move to help auto production in the world’s biggest vehicle market. The State Administration for Market Regulations said on its website that it fined three companies 2.5 million yuan […]

Filed Under: News

Canadian Liberals’ promised hike in bank taxes could lead to job cuts, higher borrowing costs

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Nichola Saminather TORONTO (Reuters) – A campaign pledge by Canada’s ruling Liberals to raise corporate taxes on banks to help pay for pandemic relief could lead to job cuts and higher borrowing costs as the lenders take steps to protect their profits, investors and political analysts said. Seeking an edge in […]

Filed Under: News

Sea Ltd raises about $6 billion in mega fund raising

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) -Singapore-based gaming and e-commerce company Sea Ltd said late on Thursday it has raised about $6 billion in an equity and convertible bond sale, making it Southeast Asia’s largest fund raising according to Refinitiv data. The company priced 11 million American Depository Receipts https://refini.tv/3E3K4VS at $318 each, together with $2.5 billion […]

Filed Under: News

China lobbies Australia parliament on joining regional trade pact

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 SYDNEY (Reuters) – China has lobbied the Australian parliament to help it join a major regional trading pact, describing the strength of Chinese trade with Australia and avoiding mention of billions of dollars in punitive sanctions imposed by Beijing. The Chinese embassy’s suggestion, in a submission to a parliamentary inquiry, came in […]

Filed Under: News

Futures rise after Biden-Xi call, oil bounce

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) – U.S. stock index futures rose on Friday, as signs of an easing in tensions between the United States and China added to recent data that soothed fears of a slowdown in the economic recovery. Traders read news of a phone call between U.S. President Joe Biden and Chinese leader Xi […]

Filed Under: News

Inflationary pressures force Lebanese to make tough choices

September 10, 2021 by David Barret Leave a Comment

September 9, 2021 By Maha El Dahan and Alaa Kanaan BEIRUT (Reuters) – Ibrahim Jaber was laid off when the fast food restaurant where he worked as a chef in Beirut shut down. Unable to find another job, he had to take his daughter out of school to put food on the table at home. […]

Filed Under: News

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