News

September 7, 2021 By Ahmad Ghaddar LONDON (Reuters) – Oil prices fell on Tuesday, extending losses from the previous session, as Saudi Arabia’s sharp cuts in crude contract prices for Asia sparked fears over slower demand, but strong Chinese economic data and U.S. output outages capped losses. Brent crude futures were down 24 cents, or […]

September 7, 2021 (Corrects valuation to “over $6 bln” from “over $12 bln” in headline and paragraph 1) (Reuters) – On Holding AG, a shoe firm backed by Swiss tennis star Roger Federer, is targeting a valuation of more than $6 billion in a U.S. initial public offering (IPO), a regulatory filing https://ift.tt/3BMEd5d showed on […]

September 7, 2021 KADUNA, Nigeria (Reuters) – Gunmen invaded a village in the northern Nigerian state of Kaduna and kidnapped 18 residents including seven children, a community leader said on Tuesday, the latest in a wave of mass abductions disrupting every aspect of life in the region. Gangs of ransom seekers have been kidnapping children […]

September 7, 2021 By Steve Scherer OTTAWA (Reuters) – Canadian Liberal Prime Minister Justin Trudeau was hit by a handful of gravel on Monday, television images show, as he made his way to his campaign bus past a crowd shouting their opposition to COVID-19 vaccines. A CTV camera captured what looks to be white gravel […]

September 7, 2021 SHANGHAI (Reuters) – Chinese hedge fund managers parried criticism of their trading techniques and market impact on Tuesday, a day after the country’s top securities regulator said the rapidly growing number of “quants” was a challenge to stock exchanges. Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said on Monday […]

September 7, 2021 BEIJING (Reuters) – Stellantis NV’s Chinese joint venture with GAC will close one of its two Chinese factories by March 2022, GAC told Reuters, as Stellantis restructures operations in the world’s biggest auto market where it struggles to sell cars. The joint venture, which currently has capacity to make 328,000 vehicles a […]

September 7, 2021 (Reuters) – Wall Street’s main indexes opened flat on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes that the Federal Reserve would maintain its accommodative stance a little longer after a soft U.S. payrolls report. The Dow Jones Industrial Average rose 4.15 points, or 0.01%, at the open […]

September 7, 2021 By Anthony Esposito and Nelson Renteria SAN SALVADOR (Reuters) – El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele, who pushed for adoption of the cryptocurrency, […]

September 7, 2021 By Ahmed Hagagy KUWAIT (Reuters) – More than 42 million old vehicle tyres dumped in Kuwait’s sands have started to be recycled, as the Gulf state tackles a waste problem that created one of the world’s largest tyre graveyards. The massive dump site was a mere 7 km (4 miles) from a […]

September 7, 2021 STOCKHOLM (Reuters) – Sweden will push ahead with easing COVID-19 restrictions at the end of this month, removing most curbs and limits on public venues such as restaurants, theatres and stadiums, the government said on Tuesday. With most adults vaccinated, Sweden has gradually eased some restrictions during a summer lull in the […]

September 7, 2021 By Daniel Trotta SANTA ANA, Calif. (Reuters) – Leonel Sanchez thought he was about to go home to his family after serving three-and-a-half years for assault and other crimes in California, saying he felt redeemed after he started reading the Bible, attending Alcoholics Anonymous and even fighting wildfires as a prisoner. Instead […]

September 7, 2021 By Anthony Boadle BRASILIA (Reuters) – Supporters of Brazilian President Jair Bolsonaro pushed through police barriers to advance towards Congress in Brasilia on Monday night, the eve of a day of planned demonstrations to back the far-right leader in his dispute with the judiciary. Trucks honked their horns as hundreds of Bolsonaro […]

September 7, 2021 MADRID (Reuters) – Prime Minister Pedro Sanchez will chair on Friday an urgent meeting of Spain’s commission against hate crimes amid an uproar over a suspected homophobic assault on a 20-year-old Spaniard in central Madrid. The young man was returning home on Sunday afternoon when eight people wearing hoods managed to surround […]

September 7, 2021 BEIJING (Reuters) – China’s President Xi Jinping and Italian Prime Minister Mario Draghi spoke by telephone on Tuesday about the Afghan crisis, Draghi’s office said. The two leaders also discussed cooperation between their countries at a bilateral level and in the context of a summit of the Group of 20 rich nations […]

September 7, 2021 MEXICO CITY (Reuters) – Mexico’s government on Tuesday urged the United States to commit funds towards the economic development of southern Mexico and Central America in a bid to help contain a sharp increase in illegal immigration at the U.S.-Mexico border this year. Speaking ahead of talks between U.S. and Mexican officials […]

September 7, 2021 MOSCOW (Reuters) – A prominent Russian human rights lawyer who defended jailed Kremlin critic Alexei Navalny’s foundation and worked on many high-profile cases said on Tuesday that he had left Russia due to a criminal inquiry against him. Ivan Pavlov is well known inside Russia for taking on politically sensitive cases and […]

As developers look for ways to simplify how they create software, serverless solutions, which enable them to write code without worrying about the underlying infrastructure required to run their applications, is becoming increasingly popular. DigitalOcean announced today that it is enhancing its existing offering in this area with the acquisition of serverless startup Nimbella. The […]

September 7, 2021 (Reuters) – Tottenham Hotspur forward Son Heung-min will play no part in South Korea’s World Cup qualifier against Lebanon on Tuesday due to a calf injury, the Korea Football Association (KFA) said hours before the game. The Korean skipper played the full 90 minutes in the goalless draw against Iraq on Thursday […]

September 7, 2021 LONDON (Reuters) – After a summer in which stocks have hit a seemingly never-ending run of record highs, September brings a series of monetary and political events that could jolt investors out of their complacency. The will-they-won’t-they debate over trimming pandemic-era stimulus gets an airing with several G10 central banks holding meetings […]

September 7, 2021 PARIS (Reuters) – France will hold a national ceremony to pay tribute to famed actor Jean-Paul Belmondo at Paris’ Hotel National des Invalides on Sept 9, said the French presidency on Tuesday. Belmondo, a star of France’s New Wave cinema after his breakthrough performance in Jean-Luc Godard’s “A bout de souffle” (“Breathless”) […]