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Automakers, banks lift European stocks on recovery bets

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – European stocks rose on Monday, with automakers, banks and oil shares driving early gains as investors counted on a strong euro zone economic recovery to outweigh global slowdown worries. The pan-European STOXX 600 index was up 0.4%, as of 0708 GMT, recovering lost ground after hitting a three-week low last […]

Filed Under: News

Stocks correction of 5%-10% likely by year-end: Deutsche survey

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 LONDON (Reuters) – An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550 market professionals globally, 58% of respondents said they expected […]

Filed Under: News

India looking to tax cryptocurrency trades and ecosystem in the country -ET Now

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – The Indian government is looking to tax cryptocurrency trades and ecosystem in the country, news website ET Now tweeted on Monday, citing sources. The tax department is in favour of taxing crypto exchanges and trades and the government feels that any activity that generates income must pay tax, ET Now […]

Filed Under: News

Czech gunmaker bets on riding Colt into new markets

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 By Michael Kahn and Jason Hovet PRAGUE (Reuters) – For Czech gun maker CZG-Ceska Zbrojovka Group, its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name. Shares of CZG, […]

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A reluctant feminist: Germany’s Merkel still inspires many women

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 By Susanne Neumayer-Remter Tanya Wood Petra Wischgoll BERLIN/COLOGNE, Germany (Reuters) – German Chancellor Angela Merkel has become a feminist icon after 16 years in power even though the world’s most powerful woman has only belatedly accepted that label as she prepares to step down, and conceded that gender equality is still a […]

Filed Under: News

Norway opposition expected to win election fought on oil, inequality

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 OSLO (Reuters) – Norway was voting on Monday on the final day of a parliamentary election dominated by climate change and economic inequality, with the centre-left opposition widely expected to replace a Conservative-led government that has ruled for eight years. Norway’s status as a major oil and gas producer https://ift.tt/3k59iLo has been […]

Filed Under: News

Factbox-What’s at stake in Norway’s election

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 OSLO (Reuters) – Norwegians will vote on Sept. 12-13 to pick a parliament and government for the next four years, with opinion polls showing the centre-left opposition is poised to win power after eight years of Conservative-led rule. Exit polls and forecasts based on early votes will be published on Monday at […]

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Cristian Arango scores twice as LAFC edges Real Salt Lake

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 Cristian Arango scored twice, including a goal 20 seconds into the game, and a Real Salt Lake own goal was the difference in Los Angeles FC’s 3-2 win over visiting Real Salt Lake Sunday night in Major League Soccer at Banc of California Stadium. LAFC (8-9-6, 30 points) has 10 goals in […]

Filed Under: News

Asian stocks’ relative valuations to global peers at 14-month low

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – The relative price valuations of Asian equities compared with their global peers are at a near 14-month low, data showed, after their lacklustre performance due to worries over slowing growth and the spread of the Delta-variant of coronavirus this year. According to Refinitiv data, the MSCI Asia-Pacific index’s forward 12-month […]

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Rolls-Royce sells stake in refuelling jets unit AirTanker for $261 million

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 LONDON (Reuters) – British engineering company Rolls-Royce said it agreed to sell its 23.1% stake in AirTanker Holdings, the owner of 14 A330 refuelling jets, for 189 million pounds ($261 million), in its latest disposal aimed at reducing debt. The aero-engine maker wants to sell 2 billion pounds worth of assets to […]

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Vietnam’s biggest city to keep virus curbs, flight resumption sought

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 HANOI (Reuters) – Vietnam’s coronavirus outbreak epicentre Ho Chi Minh City will extend its restrictions, state media reported on Monday, as the capital Hanoi and several provinces sought an easing of curbs and the aviation authority proposed domestic flights resume. Ho Chi Minh City authorities said an extension until the end of […]

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Myanmar’s Suu Kyi skips court over dizziness – lawyer

September 13, 2021 by David Barret Leave a Comment

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 […]

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Take Five: Big in Japan

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – 1/WANTED: PRIME MINISTER In the wide-open contest to be Japan’s next premier, hopefuls have until Friday to announce intentions. For now, it’s a three-horse race: The favourite, COVID-19 vaccine minister Taro Kono, ex-foreign minister Fumio Kishida and ex-internal affairs minister Sanae Takaichi – the first woman to bid for the […]

Filed Under: News

Factbox-China crackdown wipes hundreds of billions off top companies’ values

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 SHANGHAI (Reuters) – China’s regulatory crackdown has ensnared sectors from technology to education to property, wiping hundreds of billions off the market capitalisations of some of its largest companies and putting investors on alert over who may be next. Here are some of the largest names that have been affected so far: […]

Filed Under: News

India’s Jet Airways to resume domestic operations in first quarter of 2022

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – Defunct airline Jet Airways is set to resume domestic operations in the first quarter of 2022, the Jalan Kalrock Consortium, the successful resolution applicant of the carrier, said on Monday. (Reporting by Chandini Monnappa in Bengaluru; editing by Uttaresh.V) Source Link India’s Jet Airways to resume domestic operations in first […]

Filed Under: News

India’s SpiceJet settles with Boeing MAX aircraft lessor CDB Aviation

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 BENGALURU (Reuters) – Budget airline SpiceJet said on Monday it has settled with another lessor of Boeing Co’s MAX aircraft, CDB Aviation, as it looks to start operating the aircraft by the end of September after India cleared the 737 MAX to fly last month. The 737 MAX was grounded worldwide in […]

Filed Under: News

‘Fortnite’ creator Epic Games to appeal ruling in Apple case

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) -“Fortnite” game maker Epic Games on Sunday said in a legal filing that it plans to appeal a ruling in its antitrust case against Apple Inc after a federal judge on Friday handed down a mixed decision. The judge on Friday said Apple would have to loosen some rules on developers. […]

Filed Under: News

GM digs in with LG Corp to speed a fix for Bolt battery fires

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 By Paul Lienert and Heekyong Yang (Reuters) – General Motors Co is taking a more direct role with South Korea’s LG Corp, its longtime electric vehicle partner, in tracking down and fixing problems linked to battery fires in Chevrolet Bolts that threaten the strategic plans of both companies. At an investor conference on […]

Filed Under: News

Factbox-Chevrolet Bolt fires date back to early 2019, GM says

September 13, 2021 by David Barret Leave a Comment

September 13, 2021 (Reuters) – One of the earliest battery-related fires in a Chevrolet Bolt electric car was reported 18 months ago. General Motors Co did not open a formal investigation on Bolt fires until August 2020. A year later, GM launched its third recall, covering all Chevy Bolts built, to replace potentially defective batteries. […]

Filed Under: News

New Zealand PM Ardern extends lockdown in Auckland to Sept 21

September 13, 2021 by David Barret Leave a Comment

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 […]

Filed Under: News

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