News

September 13, 2021 By Ambar Warrick (Reuters) – U.S. stock index futures rose on Monday after the S&P 500 logged its worst week in more than two months, with investors keeping a close eye on inflation as well as monetary and tax policies. Wall Street indexes had lost between 1.6% to 2.2% last week, with […]

September 13, 2021 MOSCOW (Reuters) – President Vladimir Putin on Monday approved higher salaries for law enforcement and military personnel ahead of a parliamentary vote, one of many measures critics say is designed to boost support for the ruling party. The measure, which indexes their compensation to a figure above inflation, comes days before Russians […]

September 13, 2021 (Reuters) – Deposed Myanmar leader Aung San Suu Kyi was unable to attend a scheduled court hearing for health reasons, a member of her legal team said on Monday, describing her condition as dizziness caused by motion sickness. Min Min Soe told Reuters Suu Kyi, 76, who has been detained on various […]

September 13, 2021 By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – Hours after the last U.S. troops and diplomats were out of Afghanistan, President Joe Biden said in an address at the White House that Washington will continue to support the Afghans left behind and would defend their basic rights, especially those of women […]

September 13, 2021 (Reuters) – Freshworks Inc is aiming for a nearly $9 billion valuation in a U.S. initial public offering, according to a regulatory filing by the business and customer engagement software company on Monday. The company, which rivals Salesforce.com Inc, said it would sell 28.5 million shares priced between $28 and $32. At […]

September 13, 2021 By Philip Pullella and Robert Muller BRATISLAVA (Reuters) – Pope Francis warned against too much focus on individual rights and culture wars at the expense of the common good on Monday during a visit to Slovakia amid increased nationalism and anti-immigrant sentiment across eastern Europe. The 84-year-old Francis is making his first […]

September 13, 2021 MAIDUGURI, Nigeria (Reuters) – Seventy-five children who were kidnapped from their school in Nigeria’s northwestern Zamfara State have been released after their abductors came under pressure from a military crackdown, a state official said on Monday. Gunmen took the students from the village of Kaya on Sept. 1, the latest in a […]

September 13, 2021 (Reuters) – Newly crowned U.S. Open champion Daniil Medvedev and Greek Stefanos Tsitsipas have joined top-ranked Novak Djokovic in qualifying for the season-ending ATP Finals, the men’s tour said on Monday. Medvedev became the latest major winner on Sunday when he ended Djokovic’s quest for a record 21st major title that would […]

September 13, 2021 By Dhara Ranasinghe LONDON (Reuters) – A key market gauge of euro zone inflation expectations rose to its highest level since mid-2015 on Monday, a further sign that investor perceptions over the direction of future inflation are shifting. Euro zone bond yields were broadly steady, although relief over a slowdown in the […]

September 13, 2021 (Reuters) – Global equity funds lured fewer inflows in the week to Sept. 8 as investors turned cautious due to uncertainty over the pace of economic recovery and shied away from riskier assets. Investors purchased a net $8.54 billion in global equity funds in the week, a 54% drop compared with the […]

September 13, 2021 (Reuters) -Apple Inc’s shares inched higher on Monday after losing about $84 billion in market value in the previous session on the back of a U.S. judge’s mixed decision in the iPhone maker’s fight with “Fortnite” game maker Epic Games. Shares were up about 1% before the opening bell on Monday. They […]

September 13, 2021 By Andrew Galbraith SHANGHAI (Reuters) – China Evergrande Group’s struggles to quickly sell off assets and avert defaulting on its 1.97 trillion yuan ($305.3 billion) in liabilities is raising the risk of contagion for other privately-owned developers, fund managers and analysts say. Worries over the country’s No.2 property developer’s ability to make […]

Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps soaring across Africa. Today, Cairo-based B2B e-commerce startup Capiter continues that trend by raising a $33 million Series A round. The investment was co-led by Quona Capital and MSA Capital. Other participating investors include Savola, Shorooq Partners, […]

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Twenty […]

E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge boost in business. In the latest turn, Commercetools — a provider of e-commerce APIs that larger retailers can use to build customized payment, check-out, social […]

September 13, 2021 By Peter Hall (Reuters) – Talking points from the weekend’s Serie A matches. ALLEGRI AND JUVE A MESS OF THEIR OWN MAKING Massimiliano Allegri’s second coming at Juventus just gets worse by the week. Having lost last season’s top goalscorer in Serie A Cristiano Ronaldo to Manchester United three weeks ago, Juve […]

September 13, 2021 By Yilei Sun and Brenda Goh BEIJING (Reuters) – Volkswagen is in talks to tighten its grip on a majority-owned joint venture in China, sparking tensions with the German automaker’s other Chinese partners who fear they could be sidelined, sources familiar with the matter said. The world’s second-biggest carmaker secured a controlling […]

September 13, 2021 LONDON (Reuters) – Britain’s biggest supermarket group Tesco launched a trial on Monday that allows customers to buy food, drink, household and beauty products in reusable packaging, part of its strategy to cut plastic waste. Britons have become increasingly aware of the amount of plastic they use in recent years, with television […]

September 13, 2021 WELLINGTON (Reuters) – New Zealand’s largest city Auckland will remain in lockdown to beat the spread of the Delta variant of the coronavirus, Prime Minister Jacinda Ardern said on Monday. Auckland will remain in the strict Alert level 4 lockdown until midnight on Sept. 21, after which it will move to alert […]

September 13, 2021 GENEVA (Reuters) – The United Nations’ human rights chief criticised on Monday the Taliban’s human rights record since seizing power in Afghanistan, noting that stated commitments did not match realities on the ground such as the status of women. “Importantly, and in contradiction to assurances that the Taliban would uphold women’s rights, […]