News

September 16, 2021 By Alex Lawler LONDON (Reuters) -Oil held above $75 a barrel on Thursday, within sight of a multi-week high hit a day earlier, supported by a big drop in U.S. crude inventories and surging European natural gas prices. U.S. crude inventories fell by 6.4 million barrels last week, more than the 3.5 […]

September 16, 2021 By David Kirton SHENZHEN, China (Reuters) – Wu Lei says his small construction company in central China has accepted commercial paper from property developer Evergrande as payment for two years but with that paper’s value now in doubt, his firm is on the verge of collapse. China Evergrande Group, saddled with more […]

September 16, 2021 By David Milliken LONDON (Reuters) – British businesses have reported a sharp rise in recruitment difficulties within the space of just a few weeks – partly as a result of a continued lack of European Union workers, official figures showed on Thursday. Some 41% of companies with 10 or more staff reported […]

September 16, 2021 LONDON (Reuters) -Global markets struggled to gain momentum on Thursday and U.S. stock futures pointed to a slightly lower open for Wall Street, weighed by concerns about a possible slowdown in the economic recovery from COVID-19. European equities gained, bucking the trend from a weak Asian session. Hong Kong’s Hang Seng index […]

September 16, 2021 (Reuters) -AMC Entertainment Holdings Inc boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by […]

September 16, 2021 By Ross Kerber (Reuters) – A New Jersey state treasury official said on Wednesday it is set to divest $182 million in Unilever Plc stock and bonds held by its pension funds over the restriction of sales by the consumer giant’s Ben & Jerry’s ice cream brand in Israeli-occupied Palestinian territories. It […]

September 16, 2021 (Reuters) – The English Women’s soccer team will compete in a new annual international tournament on home soil starting in 2022, the national side announced on Thursday. The tournament will be staged in February next year, with England being joined by Germany and Spain, while a fourth competing nation will be announced […]

September 16, 2021 SHANGHAI (Reuters) – China has set up a cross-agency team, led by the country’s securities watchdog, to coordinate crackdown efforts against illegal activities in capital markets. The China Securities Regulatory Commission (CSRC) said on Thursday it recently held the first meeting with other team members, including the country’s propaganda department, supreme court, […]

September 16, 2021 By James Davey LONDON (Reuters) -British retailers John Lewis Partnership and the Co-operative Group both warned that creaking supply chains would lead to higher prices on Thursday, as a dearth of truck drivers compounds disruption in global freight trade. A combination of the impact of Britain’s exit from the European Union on […]

September 16, 2021 By David Kirton SHENZHEN, China (Reuters) – Security personnel in the Chinese city of Shenzhen on Thursday took away protesters who gathered outside the headquarters of cash-strapped real estate developer China Evergrande Group. The country’s second biggest property developer is wrestling with a liquidity crisis, scrambling to raise funds as it teeters […]

September 16, 2021 By Gabriela Baczynska BRUSSELS (Reuters) – Poland must change its legal definition of rape to better protect women, Europe’s top rights watchdog said on Thursday in the latest challenge to the country’s ruling nationalists over human rights and democratic values. Despite mass protests, the government led by the socially conservative Law and […]

September 16, 2021 By John Irish and Michel Rose PARIS (Reuters) – French military forces have killed the leader of a West African affiliate of Islamic State in an air strike, President Emmanuel Macron and other officials said on Thursday. Adnan Abu Walid al-Sahrawi was head of Islamic State in the Greater Sahara (ISGS), a […]

September 16, 2021 By Ebrahim Harris LANGKAWI, Malaysia (Reuters) – The first plane carrying tourists in more than four months touched down on the Malaysian island of Langkawi on Thursday and was greeted by a twin water cannon “salute”, in the launch of a programme to revive a travel sector frozen by the pandemic. The […]

September 16, 2021 By Alexander Marrow MOSCOW (Reuters) – Low wages and rising prices are crucial issues for Russians at parliamentary elections this week, but maintaining financial stability matters more to the Kremlin than driving growth, economists say, with inflation a lingering concern. The Sept. 17-19 election, the last major vote before a presidential poll […]

In March 2019, SoftBank Group International made headlines when it announced the SoftBank Innovation Fund, which started out with a $2 billion commitment to invest in tech startups in Latin America. A lot has changed since then. SoftBank changed the name of the fund to the SoftBank Latin America Fund, or LatAm Fund for short. […]

September 16, 2021 By Joseph Walker MADRID (Reuters) – Real Madrid might have missed out on signing Kylian Mbappe but their youngsters have started the season by showing coach Carlo Ancelotti they can fill any perceived void. Brazilian forward Vinicius Junior, 21, has hit four goals in as many LaLiga games, while 20-year-old countryman Rodrygo […]

September 16, 2021 (In Sept 13 story, corrects in paragraph 23 to say Sharapova was 17, not 18, when she won Wimbledon) By Martyn Herman LONDON (Reuters) – Emma Raducanu’s astonishing U.S. Open triumph could lead to a pot of gold worth around 20 million pounds ($27.7 million) over the next two years and that […]

September 16, 2021 DAKAR (Reuters) – The International Monetary Fund (IMF) has approved $67 million emergency support for Equatorial Guinea to help it deal with the impact of the coronavirus pandemic and an explosion at a military base that destroyed much of its mainland city of Bata in March. The IMF said in a statement […]

September 16, 2021 By Mark Miller (Reuters) – The U.S. government recently released its annual report on the health of Social Security. Not surprisingly, that was met with a slew of doomsday forecasts from pundits and media. Social Security will soon be insolvent! Insolvency is coming years earlier than we thought! Benefit cuts are a […]

September 16, 2021 PARIS (Reuters) – Carmaker Stellantis plans to launch a new model in India and Latin America next year under its Citroen brand, the group said on Thursday, as it aims to push out of its European turf and branch further into emerging markets where it has less exposure. The plan marks Citroen’s […]