News

September 9, 2021 By Paulina Duran SYDNEY (Reuters) – Crown Resorts’ auditor on Thursday warned that numerous money-laundering probes into the Australian casino operator and the impact of the COVID-19 pandemic cast “material” uncertainty over the company’s ability to continue as a going concern. Crown has been embroiled in legal battles and scandal since allegations […]

September 9, 2021 NEW YORK (Reuters) – World number one Novak Djokovic saw off Matteo Berrettini in the quarter-finals of the U.S. Open on Wednesday then swatted away questions about his bid to become the first man since Rod Laver in 1969 to sweep all four majors in the same calendar year. Djokovic overcame a […]

September 9, 2021 LONDON (Reuters) – Spending on payment cards in Britain rose sharply last week to 99% of its pre-pandemic level, up from 93% in the previous week, the Office for National Statistics said on Thursday. Job adverts listed by online portal Adzuna rose to 128% of their February 2020 level as of Sept. […]

September 9, 2021 By Clare Baldwin and Andrew Galbraith SHANGHAI/HONG KONG (Reuters) -Indebted China Evergrande Group’s shares and bonds came under fresh pressure on Thursday after reports that it would suspend interest payments due on loans to two banks later this month, and also payments to its wealth management products. Regulators have warned that Evergrande’s […]

September 9, 2021 By Huw Jones LONDON (Reuters) – Accountants KPMG said on Thursday it had become one of Britain’s first companies to set a target for staff from working class backgrounds to help close a pay gap and diversify its workforce. Companies are already taking steps to diversify by increasing the number of women […]

September 9, 2021 By Scott Murdoch and Anshuman Daga HONG KONG (Reuters) – E-commerce and gaming company Sea Ltd is looking to raise $6.3 billion in a share and convertible bond sale in Southeast Asia’s largest ever capital raising, tapping growing investor interest in the region. This is the second major fund raising in less […]

Microsoft has entered a “multi-year strategic alliance” with Oyo to work with the Indian startup to co-develop “next-generation” travel and hospitality products and tech. Thursday’s announcement confirms a late July TechCrunch report. TechCrunch had reported that Microsoft was in talks to invest in Oyo and was exploring ways to provide its technologies to the Indian […]

September 9, 2021 (Reuters) -China has temporarily suspended approval for all new online games in a bid to curb a gaming addiction among young people, the South China Morning Post reported https://bit.ly/3hiH4ee on Thursday citing people with knowledge of the matter. The decision was revealed at a meeting between Chinese authorities and industry giants Tencent […]

September 9, 2021 By Ahmed Eljechtimi RABAT (Reuters) – Morocco’s liberal RNI party has won most seats in the country’s parliamentary elections followed by another liberal party, PAM, while co-ruling moderate PJD Islamists suffered a crushing defeat, preliminary results showed on Thursday. RNI, led by billionaire agriculture minister Aziz Akhannouch, took 97 of the 395-seat […]

September 9, 2021 (Reuters) – Michael Schumacher’s wife, Corinna, said the Formula One great is “different, but he’s here” as the 52-year-old continues his rehabilitation from a brain injury suffered in a skiing accident in December 2013. The family have kept updates to a minimum since the accident and in an upcoming Netflix documentary, set […]

September 9, 2021 By Yilei Sun and Sarah White BEIJING/PARIS (Reuters) – Renault is in advanced discussions to end its joint venture to build vans with China’s state-backed Brilliance, a source close to the matter said, as the French firm overhauls its struggling Chinese operations. The tie-up dates back to 2017, when Renault and Brilliance […]

September 9, 2021 BEIJING (Reuters) – China’s business hub Shanghai city is planning to set up a data exchange to help boost efficiency in the manufacturing industry as the city seeks to promote the digitalisation of supply chains, vice mayor Wu Qing said on Thursday. Shanghai would encourage companies to share some data and also […]

September 9, 2021 By Helena Soderpalm and Praveen Paramasivam (Reuters) – U.S. lockmaker Spectrum Brands Holdings Inc has agreed to sell its hardware and home improvement division to Swedish rival Assa Abloy for $4.3 billion in cash. Shares in Assa Abloy rose 6.2% in early trade on Thursday, buoyed by the deal and the prospects […]

September 9, 2021 LONDON (Reuters) – Britain has approved plans to turn away boats illegally carrying migrants to its shores, deepening a diplomatic rift with France over how to deal with a surge of people risking their lives by trying to cross the English Channel in small dinghies. Hundreds of small boats have attempted the […]

September 9, 2021 BUDAPEST (Reuters) – Hungary labelled EU authorities as arrogant after they moved to impose financial penalties against Poland in a dispute over judicial reforms. The European Commission said on Tuesday it had asked the EU’s top court to fine Poland over the activities of a judges’ disciplinary chamber, stepping up a long-running […]

September 9, 2021 MOSCOW (Reuters) – A smoke alarm was activated in a Russian service module on the International Space Station (ISS), the Russian space agency Roscosmos said on Thursday, and Russian news agencies reported that cosmonauts had smelled burning plastic. The RIA news agency quoted Roscosmos as saying all systems were later working properly. […]

September 9, 2021 By Emma Thomasson and Silvia Aloisi BERLIN/MILAN (Reuters) – Sylvia Burbery is delighted that she no longer spends most of her life travelling for work. “I am grateful that the pandemic has forced us to step back and look at ways of working we took for granted,” said the regional president for […]

September 9, 2021 MUMBAI (Reuters) – As India’s financial capital, Mumbai, gets ready for its biggest festival of the year, daily coronavirus cases have surged, rising more than two-fold in less than a month, even as authorities imposed curbs to prevent a further spike. Markets were bustling and streets were crowded as people prepared for […]

September 8, 2021 By Abdi Sheikh MOGADISHU (Reuters) – Somalia’s two most powerful leaders were locked in a standoff on Wednesday after they named different men to head the politically unstable Horn of Africa nation’s intelligence service. The row between President Mohamed Abdullahi Mohamed and Prime Minister Mohammed Hussein Roble, nominally over a murder investigation, […]

September 9, 2021 NEW DELHI (Reuters) – Hundreds of millions of children in South Asian are suffering because their schools have been closed because of the coronavirus but they lack online devices and connections for remote learning, UNICEF said on Thursday. Authorities should prioritise the safe reopening of schools because even before the pandemic, almost 60% […]