News

September 9, 2021 PARIS (Reuters) – The Paris appeals court upheld a lower court ruling that found an uncle of Syrian President Bashar al-Assad guilty of acquiring millions of euros’ worth of French property using funds diverted from the Syrian state, the AFP news agency reported on Thursday. The court also confirmed a four-year jail […]

September 9, 2021 By David Chkhikvishvili TBILISI (Reuters) – A top human rights lawyer who defended jailed Kremlin critic Alexei Navalny’s team and announced this week he had fled Russia accused authorities on Thursday of a mounting campaign to purge the political landscape of people they see as undesirable. Defence lawyer Ivan Pavlov, 50, gained […]

September 9, 2021 By Henry Esquivel NECOCLI, Colombia (Reuters) – Some 14,000 migrants – many of them Haitian – remain bottle-necked in the Colombian beach town of Necocli, awaiting their chance to enter Panama and continue their journey to the United States, as border crossing quotas are out-paced by new arrivals, migrants and the town’s […]

The wider world of employment has seen a huge shift in the wake of the Covid-19 pandemic. Looking for a job, finding someone to fill a role, or simply developing professionally are just not the same as they used to be for many of us. So it’s no surprise to see companies that have built […]

Buy now, pay later is growing globally — with various companies expanding to, and in, different parts of the world, such as Africa, Latin America and Asia. Here in the U.S., Affirm and Klarna are big players, and Square recently announced plans to acquire Afterpay, which also is eyeing growth here. Traditional buy now, pay […]

The photo-sharing app that emulates disposable cameras, Dispo started rolling out a test yesterday that will record user interest in selling photos as NFTs. Some users will now see a sell button on their photos, and when they tap it, they can sign up to be notified when the ability to sell Dispo photos launches. […]

September 9, 2021 By Simon Evans (Reuters) – FIFA’s plan to double the number of World Cups by holding the tournament every two years has received a “very positive response”, Arsene Wenger, the man fronting the proposals, said on Thursday. The former Arsenal manager is FIFA’s head of Global Football Development and has been pushing […]

September 9, 2021 By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Global investors sold China-focused equity funds for the second straight month in August on concerns over a regulatory crackdown on local firms and the economic impact of the Delta coronavirus variant. China-focused equity funds saw net sales worth $392 million, following outflows of $596 […]

September 9, 2021 BEIJING (Reuters) -China’s state reserves administration said on Thursday it would release crude oil reserves to the market via public auction to ease the pressure of high feedstock costs on domestic refiners. The release, described as a first, will be made in phases and is mainly for integrated refining and chemical plants, […]

September 9, 2021 DUBAI (Reuters) – Iran’s foreign minister met his visiting counterpart from U.S.-allied Qatar on Thursday, state media reported, as Tehran and Washington appear to be at an impasse over the fate of talks to revive a 2015 nuclear deal. Iran on Wednesday warned Western states against rebuking it at the International Atomic […]

September 9, 2021 (Reuters) – Formula One teams could be obliged to run young drivers in Friday practice sessions from next season to provide an opportunity for fresh talent to gain track time and shine. The sport’s chief executive Stefano Domenicali told Italian media ahead of their home grand prix at Monza that the matter […]

September 9, 2021 By Mahamat Ramadane N’DJAMENA (Reuters) – Unable to honour internal debt commitments, authorities in Chad are hoping for a “favourable opinion” from Glencore Plc on restructuring the country’s commercial debt, Prime Minister Albert Pahimi Padacke said on Thursday. “Glencore represents for Chad today more than 98% of the country’s commercial debt,” Padacke […]

September 9, 2021 MANCHESTER, England (Reuters) -India’s practice session ahead of the fifth and final test against England was cancelled on Thursday after a member of their support staff tested positive for COVID-19, an Indian cricket board official said. Second physiotherapist Yogesh Parmar tested positive on Wednesday and the team were awaiting the results of […]

September 9, 2021 WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits fell last week to the lowest level in nearly 18 months, offering more evidence that job growth was being hindered by labor shortages rather than cooling demand for workers. Initial claims for state unemployment benefits dropped 35,000 to a […]

September 9, 2021 LONDON (Reuters) – The European Central Bank said on Thursday it would slow bond purchases under its 1.85 trillion-euro Pandemic Emergency Purchase Programme (PEPP) from the 80 billion euros monthly pace registered in the past two quarters. Markets reacted modestly to the move, which is a token step towards unwinding the emergency […]

September 9, 2021 (Reuters) – Several U.S. airlines on Thursday warned of a slowdown in ticket sales and cut revenue forecast as the fast-spreading Delta variant of the coronavirus threatens to blunt the recovery in travel that had started following the roll out of vaccines. American Airlines expects third-quarter total revenue to be down about […]

Five and a half years after being acquired by a private equity firm, personal finance software company Quicken is announcing that it is being acquired by another private equity firm. In April 2016, an affiliate of H.I.G. Capital acquired Quicken from Intuit Inc. for an undisclosed amount. Today, Menlo Park, California-based Quicken is announcing that […]

September 9, 2021 WASHINGTON (Reuters) – The White House has withdrawn President Joe Biden’s nomination of gun control advocate David Chipman to head the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives, according to two people with knowledge of the decision. Chipman had faced strong Republican opposition in the Senate, undermining his chances of winning […]

September 9, 2021 By Manas Mishra (Reuters) – Mammoth Biosciences, co-founded by Nobel laureate Jennifer Doudna, touched a valuation of more than $1 billion after raising $150 million in its latest funding round. Doudna, who shared the 2020 Nobel Prize in Chemistry with Emmanuelle Charpentier for developing the CRISPR/CAS9 gene editing tool, co-founded the biotech […]

September 9, 2021 By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank will trim emergency bond purchases over the coming quarter, it said on Thursday, taking a first small step towards unwinding the emergency aid that has propped up the euro zone economy during the pandemic. After the ECB pulled out all […]