News

September 14, 2021 By Carolina Mandl SAO PAULO (Reuters) – Competition, the pandemic and sectoral demand are common challenges facing companies planning initial public offerings (IPOs), but Brazilian companies have started to flag a new risk: political upheaval from far-right President Jair Bolsonaro. Cosmetics maker Coty and retailer Cencosud’s Brazilian units included the risk of […]

September 14, 2021 By Alistair Smout LONDON (Reuters) -British officials on Tuesday recommended COVID-19 vaccine booster shots be given to all vulnerable people and those aged over 50, ahead of an announcement by the government on its strategy for taming infections this winter. The Joint Committee on Vaccination and Immunisation’s recommendation of a third dose, […]

September 14, 2021 By Martin Quin Pollard BEIJING (Reuters) – The plaintiff in a high-profile Chinese #MeToo case headed into a second closed-door hearing in Beijing on Tuesday in what she said could be her last time in court in her lawsuit against a prominent state TV host. Prior to entering the court, which was […]

September 14, 2021 MANILA (Reuters) – Boxer Manny Pacquiao on Tuesday sued for libel an influential celebrity evangelist followed by millions of Filipinos, after he accused the eight-division world champion of embezzling funds intended for a $70 million sports complex. Pastor Apollo Quiboloy, a self-proclaimed “Owner of the Universe” and “Appointed Son of God”, is […]

September 14, 2021 SHANGHAI (Reuters) -China will step up efforts to promote a “civilised” internet by strengthening oversight over the likes of news sites and online platforms and encouraging them to promote core socialist values, the state-run Xinhua news agency reported on Tuesday. After years of runaway growth and rapid change, China’s regulators have been […]

September 14, 2021 PRAGUE (Reuters) – Czech President Milos Zeman was taken to hospital on Tuesday, waving to a camera as he arrived, local media reported. They gave no reason, and the president’s spokesman was not immediately available to comment. The news website Novinky.cz showed video of Zeman, 76, arriving at the hospital by car […]

Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investors, including Bow Capital, Vertex Ventures US and The House Fund. The startup […]

September 14, 2021 MOSCOW (Reuters) – The Russian government published a plan on Tuesday to impose new taxes on foreign-owned digital services by November, part of a package of proposals Moscow says are aimed at supporting its domestic tech sector. The proposed tax on foreign tech firms has been presented as part of an international […]

September 14, 2021 MOSCOW (Reuters) – A Russian court on Tuesday fined U.S. social media giant Facebook 21 million roubles ($288,000) for failing to delete content that Moscow deems illegal, the Tagansky District Court said. The fines come amid a wider standoff between Russia and Big Tech, with Moscow seeking to force foreign firms to […]

September 14, 2021 By Alun John HONG KONG (Reuters) – Fund managers wanting to short sell cash-strapped developer China Evergrande Group are paying unusually high fees to borrow the shares as demand to do so rockets and investors get out of long positions. The Chinese property group said on Tuesday it had engaged advisers to […]

September 14, 2021 (Reuters) – Amazon.com Inc hiked its average starting wage to $18 per hour on Tuesday and said it plans to hire more than 125,000 warehouse and transportation workers in the United States. Reuters exclusively reported the news earlier on Tuesday. The world’s largest online retailer also said it would pay a sign-on […]

September 14, 2021 By Agustin Geist SALTA, Argentina (Reuters) – In Argentina’s remote northern Salta province, the silence of the desert landscape is broken only by the hum of machinery pumping salt-water brine to extract lithium, a sign of accelerating efforts to ride the global electric vehicle boom. Beneath the South American country’s highland salt […]

September 14, 2021 By Ambar Warrick (Reuters) – S&P and Dow futures rose on Tuesday as investors favored stocks expected to benefit from an economic recovery this year, although gains were muted in the run-up to consumer price data, which could affect the monetary policy. The S&P 500 and Dow Jones had snapped five days […]

September 14, 2021 By Nora Buli and Nerijus Adomaitis OSLO (Reuters) -Norway’s Labour Party began coalition talks with other members of the centre-left bloc on Tuesday seeking to form a government after their parliamentary election victory, with the focus on climate change and oil. Labour leader Jonas Gahr Stoere https://ift.tt/3zkEScF must address voters’ concerns over […]

September 14, 2021 By Richard Cowan WASHINGTON (Reuters) – U.S. Senate Democrats on Tuesday unveiled a new version of an election reform bill that is a top priority of President Joe Biden, amid a wave of Republican state legislatures imposing restrictions on voting. Senator Amy Klobuchar and seven fellow Democrats, including moderates such as Joe […]

September 14, 2021 By Francis Kokoroko ACCRA (Reuters) – It was an innocuous blow for such a monumental moment, a glance to his opponent’s armpit as the bell rang. But it was enough. Samuel Takyi lifted his red boxing gloves in victory: he had clinched Ghana’s first Olympic bronze medal in 29 years. Takyi, 20, […]

September 14, 2021 By Carolina Mandl SAO PAULO (Reuters) – SoftBank Group Corp on Tuesday launched a $3 billion fund to invest in technology companies in Latin America in a bid to build on the success of its initial fund for the region, which has spent most of its capital. In a statement, the Japanese […]

September 14, 2021 By Steve Holland LONG BEACH, Calif. (Reuters) – President Joe Biden on Monday campaigned with California Governor Gavin Newsom on the eve of a Republican-backed recall race that both Democratic leaders cast as an attempted power grab by political acolytes of former President Donald Trump. Biden joined the embattled first-term governor in […]

September 14, 2021 By Natalia Zinets and Pavel Polityuk KYIV (Reuters) – Ukraine expects to receive the next tranche of assistance worth $750 million from the International Monetary Fund in December, and 600 million euros from the European Union in November, Prime Minister Denys Shmygal told a news conference on Tuesday. Shmygal said Ukraine had […]

More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into planned grocery shopping — announcing the acquisition of two regional ‘Instacart-style’ grocery picking and delivery startups, Madrid-based Lola Market and Portugal’s Mercadão. Terms of the […]