News

September 16, 2021 By Sudipto Ganguly MUMBAI (Reuters) – Inordinately long toilets breaks or medical timeouts at critical moments could soon be a thing of the past in men’s tennis with the ATP Tour planning to impose stricter rules, a source at the men’s governing body told Reuters. The practice has long been a bugbear […]

September 16, 2021 By Mike Dolan LONDON (Reuters) – If China becomes too difficult to price in wider investment indices due to Beijing’s unfolding regulatory crackdown on some of the country’s leading companies, the emerging markets universe may see some seismic shifts. That’s not to say there’s any rush to exit China so far – […]

September 16, 2021 TOLEDO, Spain (Reuters) – U.S. online retail giant Amazon will more than double its payroll in Spain to 25,000 workers by 2025 from 12,000 last year, Mariangela Marsiegla, Amazon’s vice president and general manager for Spain and Italy, said on Thursday. She added Amazon will raise the number of its logistics centres […]

September 16, 2021 PRAGUE (Reuters) – Czech car maker Skoda Auto, part of the Volkswagen group, will halt production at its domestic plants for a week at the end of September due to chip shortages, its union head said in a union newsletter on Thursday. From delayed car deliveries to a supply shortfall in home […]

September 16, 2021 (Reuters) – European stocks rose on Thursday as a rebound in travel stocks and overnight strength in Wall Street helped offset concerns about China’s slowing economy that dragged down miners. The pan-European STOXX 600 index rose 0.7%, bouncing off a six-week closing low hit in the previous session. Travel & leisure jumped […]

September 16, 2021 LONDON (Reuters) – British businesses have reported a sharp rise in recruitment difficulties over the past month, with 41% of companies with 10 or more staff reporting challenges in the two weeks to Sept. 5, up from 32% in early August, official figures showed. The Office for National Statistics said on Thursday […]

September 16, 2021 By Eric Gaillard NICE, France (Reuters) – A French hospital worker has said he is on hunger strike to protest against a government rule that healthcare workers will be suspended if they are not vaccinated against COVID-19. Thierry Paysant, a fire safety officer with the public hospital system in Nice, southern France, […]

September 16, 2021 By John Irish and Michel Rose PARIS (Reuters) -France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a lucrative defence deal that it had signed with Australia for submarines. The United States, Britain and […]

Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities, […]

One of Gogoro’s battery swapping station Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The deal sets Gogoro’s enterprise valuation at $2.35 billion and is targeted […]

September 16, 2021 HELSINKI (Reuters) – Finland’s central bank raised its 2021 growth estimate on Thursday and warned that even if a rate hike is still far into the future, governments should prepare for the eventual rise in borrowing costs. Thanks to growing vaccination rates and supportive economic policy, the central bank sees Finland’s gross […]

September 16, 2021 JAKARTA (Reuters) – Green groups on Thursday urged Indonesia to extend a moratorium on new palm oil permits and improve its implementation, warning of a risk of losing millions of acres of forest to plantation expansion. Indonesia, the world’s top palm oil producer, launched the moratorium in September 2018 to try to […]

September 16, 2021 By Byron Kaye SYDNEY (Reuters) – Australia’s two most populous states are trialling facial recognition software that lets police check people are home during COVID-19 quarantine, expanding trials that have sparked controversy to the vast majority of the country’s population. Little-known tech firm Genvis Pty Ltd said on a website for its […]

September 16, 2021 PARIS (Reuters) – Shares in France’s Lagardere surged 20% on Thursday after media group Vivendi said it would buy another stake in the company, paving the way for a full takeover. Canal+ owner Vivendi, which already owns 27% of Lagardere, said it had agreed to buy Amber Capital’s 17.9% holding for 24.10 […]

September 16, 2021 A look at the day ahead from Danilo Masoni. As pressure builds on China’s tech and real estate moguls and its economic growth falters, markets worldwide are starting to get uneasy. But it’s Europe, with its export-oriented economy and supercharged luxury stocks reliant on affluent Asian shoppers, which is likely to feel […]

September 16, 2021 MOSCOW (Reuters) – Russian real estate developer PIK is considering options to increase its free float, including a secondary share offering, as it approaches the requirements for the MSCI index inclusion, chief executive Sergei Gordeev said on Thursday. “We are considering various options to increase the liquidity and free float of our […]

September 16, 2021 BERLIN (Reuters) – German rail operator Deutsche Bahn has reached a pay deal with train drivers, ending a dispute that led to three rounds of strike action over recent weeks, a source familiar with the matter said on Thursday. Both Deutsche Bahn and the GdL train drivers’ union declined to comment ahead […]

September 16, 2021 TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, said on Thursday that it aims to reach net zero emissions by 2050, matching a plan announced by President Tsai Ing-wen in April. “TSMC is deeply aware that climate change has a severe impact on the environment and […]

September 16, 2021 By Foo Yun Chee and Marine Strauss LUXEMBOURG (Reuters) -Belgium on Thursday lost its fight against an EU regulatory ruling that tax breaks granted to Magnetrol, BP and more than 30 other multinationals constituted an illegal aid scheme after Europe’s top court backed competition enforcers. The ruling by the EU Court of […]

September 16, 2021 (Reuters) – Hezbollah began importing Iranian fuel to Lebanon via Syria on Thursday, a move the Shi’ite Islamist group says aims to ease a crippling energy crisis but which its opponents say may expose the country to the risk of U.S. sanctions. Organised by Hezbollah, the shipment L1N2QI0CC marks a significant expansion […]