September 9, 2021 By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Thursday as Treasury yields fell after the U.S. government saw strong demand for a sale of 30-year bonds, while the euro was supported after the European Central Bank said it would trim emergency bond purchases over the coming quarter. The greenback […]
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Small Canada party expels official for throwing gravel at Canada PM Trudeau
September 9, 2021 By Steve Scherer OTTAWA (Reuters) – The small right-wing People’s Party of Canada (PPC) expelled one of its local officials on Thursday over allegations he threw gravel at Liberal Prime Minister Justin Trudeau earlier this week, a party spokesman said. Trudeau was hit by a handful of gravel on Monday, television images […]
Google and India’s Jio delay their smartphone launch
The JioPhone Next, the much-awaited smartphone designed by Google and India’s Jio Platforms to tap hundreds of millions of users in the world’s second largest internet market, won’t launch on Friday, the Indian technology giant said Thursday midnight. In a statement issued just now, Jio Platforms said the firm has been testing the smartphone with […]
Investors are doubling down on Southeast Asia’s digital economy
Amit Anand Contributor Share on Twitter Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four […]
Athletics – Thompson-Herah ends stellar season on a high
September 9, 2021 ZURICH (Reuters) – Jamaica’s Elaine Thompson-Herah finished off her golden year on a high when she won the 100 metres title in the season-ending Diamond League final on Thursday. Thompson-Herah followed up her Olympic 100 and 200 metres in double in Tokyo by coming within 0.05 seconds of Florence Griffith Joyner’s 33-year-old […]
U.S. Gulf of Mexico oil production losses lead to cargo cancellations
September 9, 2021 By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia. Production should be disrupted for several more […]
New Biden plan could mandate COVID shots or tests for two-thirds of U.S. workers
September 9, 2021 By Jeff Mason, David Shepardson and Ahmed Aboulenein WASHINGTON (Reuters) -President Joe Biden will require all federal employees to get vaccinated against COVID-19 and the U.S. Department of Labor will issue a rule requiring businesses with more than 100 employees to have their workers vaccinated or tested weekly, officials said on Thursday. […]
U.S. and Mexico resume economic talks halted by Trump with focus on labor, border
September 9, 2021 By Jarrett Renshaw (Reuters) -The United States and Mexico on Thursday resumed high-level economic talks for the first time in four years as the two sides signaled they need greater cooperation to combat the challenges of climate change, workers’ rights and immigration. The so-called High-Level Economic Dialogue (HLED) will seek to pursue […]
Former Germany defender Boateng guilty of bodily harm, fined 1.8 million euros
September 9, 2021 (Reuters) – Former Germany and Bayern Munich defender Jerome Boateng, who this month signed for Olympique Lyonnais, was found guilty of premeditated bodily harm on his former partner, a spokesperson for a court in Munich said on Thursday. He was fined 1.8 million euros ($2.13 million). The 2014 World Cup winner, who […]
Motor racing – Tsunoda surprised to keep his F1 seat
September 9, 2021 (Reuters) – Japanese rookie Yuki Tsunoda said on Thursday he was surprised to have been retained by his AlphaTauri Formula One team for another year. The Italy-based outfit confirmed an unchanged lineup of Tsunoda and Frenchman Pierre Gasly, winner of last year’s Italian Grand Prix, ahead of this weekend’s home race at […]
Soccer – Danish defender Jorgensen joins Brentford on year-long deal
September 9, 2021 (changes date in dateline, no change to story) LONDON (Reuters) – Brentford have signed Denmark defender Mathias Jorgensen on a one-year contract with the option of another year, the promoted Premier League club said on Thursday. Popularly known as Zanka, the 31-year-old arrives as a free agent following two loan spells away […]
Chad hopes for ‘favourable opinion’ from Glencore on debt restructuring
September 9, 2021 By Mahamat Ramadane N’DJAMENA (Reuters) – Unable to honour debt commitments, authorities in Chad are hoping for a “favourable opinion” from Glencore Plc on restructuring the country’s commercial debt under the G20 framework, said Prime Minister Albert Pahimi Padacke. Chad officially requested a restructuring of its public debt back in January, the […]
JPMorgan Chase to buy Zagat owner, The Infatuation
September 9, 2021 By Elizabeth Dilts Marshall (Reuters) -JPMorgan Chase & Co has reached a deal to buy The Infatuation, the parent company of restaurant review brand Zagat, according to a joint statement from the bank and media company on Thursday. Financial terms of the deal were not disclosed. Founded in 2009, The Infatuation is […]
Fed’s Bowman encouraged still by recovery, taper likely this year
September 9, 2021 By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve bank Gov. Michelle Bowman added her voice Wednesday to the growing number of policymakers who say the weak August jobs report will not throw off the central bank’s developing plan to trim its $120 billion in monthly bond purchases later this year. “Even […]
White House targets 20% lower aviation emissions by 2030
September 9, 2021 (Reuters) – The White House on Thursday said it is targeting 20% lower aviation emissions by 2030, as airlines facing pressure to lower their carbon footprint promised to use more sustainable aviation fuel. The push to accelerate carbon cutting is part of President Joe Biden’s target of making the United States net […]
U.S. FDA delays decision on Juul e-cigarettes
September 9, 2021 (Reuters) – The U.S. Food and Drug Administration said on Thursday it needs more time to decide whether e-cigarette maker Juul Labs Inc and other major manufacturers can sell their products in the United States. The agency had been expected to make a decision by Thursday, a year after Juul and other […]
Biden pulls nomination of Chipman to lead ATF firearms agency
September 9, 2021 By Jarrett Renshaw, Jeff Mason and Sarah N. Lynch WASHINGTON (Reuters) -President Joe Biden on Thursday withdrew his nomination of gun control advocate David Chipman to head the Bureau of Alcohol, Tobacco, Firearms and Explosives – a federal agency pivotal in his goal of lowering U.S. firearms violence – blaming Republican opposition. […]
Box wins proxy board battle with activist investor Starboard Value
A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of maneuvering on both sides as they battled for control of the company. Box in a somewhat generic statement expressed gratitude for the results: “Box appreciates […]
Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature
Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. The company says Houseparty will be discontinued in October when the app will stop functioning for its existing users; it will be pulled from the app stores today, however. Related to this […]
Some of the biggest names in private equity think this go-go market has another year or two (at least)
Earlier today, as part of a private event, this editor was afforded the opportunity to talk with some of the biggest names in the world of private equity, including Carlyle cofounder David Rubenstein; Bain Capital co-chair Steve Pagliuca; Jean Salata, the CEO and founding partner of Baring Private Equity Asia; and Sheila Patel, the vice […]
