News

September 9, 2021 MELBOURNE (Reuters) – Stalwart lock Sam Whitelock enjoyed a special time with his wife Hannah and newborn daughter Penelope in hospital and is now preparing to spend the next few months away from them as he rejoins the All Blacks on a long tour. Whitelock missed Sunday’s 38-21 win over Australia in […]

September 9, 2021 By Yousef Saba DUBAI (Reuters) -Abu Dhabi locked in $3 billion on Wednesday with its second bond sale of the year for which it received more than $9.75 billion in orders for two tranches, a bank document showed. The emirate sold $1.75 billion in 10-year bonds at 63 basis points (bps) over […]

September 9, 2021 (Reuters) – Racial and ethnic inequities have cost the U.S. economy some $51 trillion in lost output since 1990, San Francisco Federal Reserve President Mary Daly said Wednesday, citing data from a paper she and three co-authors will present at The Brookings Institution. Large and persistent gaps in rates of employment, education, […]

September 9, 2021 SEOUL (Reuters) -North Korea appears to have staged a night-time military parade of a type it has used in the past to unveil new military hardware including large ballistic missiles, South Korean and other media focused on the country reported on Thursday. South Korea’s Yonhap news agency said the parade appeared to […]

September 9, 2021 By Amy Tennery NEW YORK (Reuters) – No one is more surprised than Emma Raducanu herself. The British teenager became the first qualifier to reach the U.S. Open semi-finals by beating Olympic champion Belinda Bencic in straight sets on Wednesday. “I didn’t expect to be here at all,” Raducanu told reporters. “I […]

September 9, 2021 NEW YORK (Reuters) – Maria Sakkari rolled through to the semi-final at the U.S. Open on Wednesday, breaking down Czech Karolina Pliskova 6-4 6-4 on Arthur Ashe Stadium. The Greek was rock-solid with excellent court coverage through the first set, getting the early break as she put up a dozen winners and […]

September 9, 2021 By Anthony Esposito and Stefanie Eschenbacher MEXICO CITY (Reuters) -Mexico’s government on Wednesday proposed sharply reducing the tax burden for state oil firm Petroleos Mexicanos and forecast economic growth of 4.1% for 2022, as Latin America’s second largest economy continues to recover from a COVID-19-induced slump. The finance ministry’s 2022 draft budget, […]

September 9, 2021 By Hideyuki Sano TOKYO (Reuters) – The dollar was supported on Thursday by cautious risk sentiment stemming in part from worries about the Delta variant while the euro looked to the European Central Bank policy decision later in the day. The dollar index stood at 92.712, having risen for the third consecutive […]

September 9, 2021 (In 2nd paragraph, corrects to say Cascade will acquire half of the billionaire prince’s stake, not 23.8% of the stake) (Reuters) -Bill Gates’ Cascade Investment LLC is taking control of Four Seasons Hotels and Resorts by buying about half of Saudi Arabian Prince Alwaleed bin Talal’s stake for $2.21 billion, the hotel […]

September 9, 2021 QUITO (Reuters) – Ecuador has reached a new staff-level agreement with the IMF that could result in $1.5 billion in new disbursements this year following promises by President Guillermo Lasso’s government to cut spending, the finance minister said on Wednesday. The South American nation last year struck a $6.5 billion deal with […]

September 9, 2021 NEW YORK (Reuters) – Goldman Sachs Group Inc hired a partner from McKinsey & Company to co-lead its operations in the Asia Pacific region outside of Japan, according to a memo sent to staff on Wednesday that was seen by Reuters. Kevin Sneader will join Goldman in Hong Kong in November as […]

September 9, 2021 By Mindy Burrows LONDON (Reuters) – Hit Disney animation “Frozen” has come to the London stage, officially opening as a West End musical on Wednesday in a theatre newly restored by composer Andrew Lloyd Webber. The Oscar-winning film about royal sisters Anna and Elsa in the fictional kingdom of Arendelle has won […]

September 9, 2021 MEXICO CITY (Reuters) -The Mexican Supreme Court’s unanimous decision on Tuesday to decriminalize abortion will principally help poorer women, who have in the past borne the brunt of punishments for the crime, the president of the tribunal said on Wednesday. Speaking after the court ruled it was no longer possible to prosecute […]

Earlier today, we joined  friend and former colleague Jon Fortt of CNBC in interviewing partner Pat Grady of Sequoia Capital, and it proved a wide-ranging conversation (we wound up blabbing for an hour, which was not always the plan). You can check out the video below but we thought there were some highlights worth pulling […]

September 9, 2021 BERLIN (Reuters) – Germany is extending its COVID-19 emergency aid for struggling companies by three months until the end of this year, the finance and economy ministries said on Wednesday. Companies with a pandemic-related drop in sales of at least 30 percent can now apply for liquidity aid of up to 10 […]

September 9, 2021 LONDON (Reuters) – British employers are facing the most severe shortage of job candidates on record due to the post-lockdown surge in the economy and Brexit, pushing up starting pay for permanent staff at an unprecedented pace, a recruiters’ body said. In a survey which will be studied by the Bank of […]

September 9, 2021 MILAN (Reuters) – Italian Prime Minister Mario Draghi discussed on Wednesday the Afghan crisis with Turkish President Tayyip Erdoğan ahead of a G20 summit to be held in Rome on Oct. 30-31, Draghi’s office said. The “comprehensive” phone conversation explored possible steps to be taken by the international community, including the G20, […]

September 9, 2021 (Reuters) – Poland’s fearless approach to their World Cup qualifying match with England helped them earn a 1-1 draw on Wednesday, midfielder Jakub Moder said. Poland midfielder Damian Szymanski headed in a stoppage time equaliser for the hosts to cancel out Harry Kane’s opener in the 72nd minute as they ended England’s […]

September 9, 2021 PRISTINA (Reuters) – At least 10 people were killed when a fire broke out in a makeshift hospital for COVID-19 patients in the North Macedonian town of Tetovo, the country’s health minister said on Wednesday. “Ten people have been confirmed dead in the blaze so far, but the number could rise. This […]

September 8, 2021 By Amy Tennery NEW YORK (Reuters) – The National Football League (NFL) kicks off another season on Thursday with profound differences of opinion lingering between the league and the union over COVID-19 vaccines and testing, as both parties work to manage the risks of playing in a pandemic. Last month the NFL […]