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Lebanon’s PM-designate Mikati visiting President about cabinet – source

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BEIRUT (Reuters) – Lebanon’s Prime Minister-designate Najib Mikati was on his way to a meeting with President Michel Aoun on Friday with a cabinet line-up that one official source described as “promising”. Lebanon’s Mikati is the third prime minister-designate to attempt to form a government with President Aoun since the government resigned […]

Filed Under: News

Jorge Sampaio, who showed teeth in Portuguese presidential powers, dies at 81

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 LISBON (Reuters) – Former Portuguese president Jorge Sampaio, who made national history in 2005 with an extraordinary use of his powers to dissolve parliament and oust an unstable majority government, died on Friday at the age of 81. The cause of death was not disclosed, though Sampaio had been hospitalized since Aug. […]

Filed Under: News

World shares bounce, dollar edges lower as Biden-Xi call helps mood

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Simon Jessop and Alun John LONDON/HONG KONG (Reuters) – Global shares rose and the dollar edged lower on Friday as news of a call between Xi Jinping and Joe Biden offered some relief to traders eyeing cautious central bank steps towards ending stimulus. The U.S. president and his Chinese counterpart spoke […]

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China announces first public state oil auction to stabilise prices

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Muyu Xu and Tom Daly BEIJING (Reuters) -China plans its first public auction of state crude oil reserves to a select group of domestic refiners, the reserves administration announced, as Beijing looks to cool high raw material costs for manufacturers. The releases will take place in phases and are intended for […]

Filed Under: News

Singapore maintains current COVID-19 rules, monitors for severe cases

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 SINGAPORE (Reuters) – Singapore sees no need to tighten COVID-19 curbs for now despite a spike in infections over recent weeks, a top official said on Friday, but will not press ahead with more reopening moves as it monitors for severe cases. The country will take a pause and monitor the situation […]

Filed Under: News

Spanish Foreign Min in Pakistan to evacuate Afghans who helped Spain

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 MADRID (Reuters) – Spanish Foreign Minister Jose Manuel Albares arrived in Pakistan on Friday to ask for help in securing the evacuation from Afghanistan of people who worked with Spanish forces there. Spain says it has already evacuated more than 2,200 people from Afghanistan, most of them Afghans at risk of reprisals […]

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Take Five: Big in Japan

September 10, 2021 by David Barret Leave a Comment

September 10, 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 […]

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Harvard University to end investment in fossil fuels

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Ross Kerber BOSTON (Reuters) -Harvard University is ending its investments in fossil fuels, the school’s president said on Thursday, drawing praise from divestment activists who had long pressed the leading university to exit such holdings. In a letter posted on Harvard’s website, President Lawrence Bacow said the school’s endowment had no […]

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Chinese firms with offshore structure to need approval for Hong Kong IPOs -sources

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 HONG KONG (Reuters) – China’s securities regulator is looking to expand its scrutiny of overseas listings by offshore incorporated companies to include initial public offerings (IPO) in Hong Kong, five people with knowledge of the matter said. The China Securities Regulatory Commission (CSRC) has already been setting up a team https://ift.tt/3tuJ0VQ to […]

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UK has foiled 31 terror plots in the last four years – spy chief

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 LONDON (Reuters) – Police and intelligence services have disrupted 31 plots to attack Britain in the last four years, Ken McCallum, director general of the MI5 domestic intelligence agency, said on Friday. The majority of plots were from Islamist extremists, but a growing number are organised far-right groups, he said. “Even during […]

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Russia to reinforce its Tajikistan base with new tanks

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 MOSCOW (Reuters) – Russia is to equip its military base in Tajikistan, which neighbours Afghanistan, with 30 new tanks by the end of the year, the Interfax news agency reported. Moscow has held military exercises in Tajikistan and expanded the hardware at the base, its biggest in a foreign country, since the […]

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Ukraine president says war with Russia is a worst-case possibility

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 KYIV (Reuters) – Ukraine’s President Volodymyr Zelenskiy on Friday said all-out war with Russia was a possibility, adding that he wanted to have a substantive meeting with Russian President Vladimir Putin. “I think there can be,” Zelenskiy said when asked if there was a real possibility of all out-war with Russia, speaking […]

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Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’

September 10, 2021 by David Barret Leave a Comment

We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys the hassle when you have to always re-log into different sites and stores. I mean, shopping can be a whole lot more fun if a fast logging and checkout system existed across all your favorite online stores. In […]

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Cricket-Manchester test likely to be postponed after India COVID-19 case

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 MANCHESTER, England (Reuters) – India’s fifth and final test against England, scheduled to begin later on Friday in Manchester, is likely to be postponed after a COVID-19 case in the tourists’ camp, an Indian cricket board official said. Both boards were in talks to explore when the match could start, the official […]

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EU ministers stress need for EU budget rules to support investment

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BRDO, Slovenia (Reuters) – European Union finance ministers stressed on Friday that any changes to EU budget rules, now under review, should support continued investment in the post-pandemic economy. EU budget rules, which set limits on government borrowing to protect the value of the euro, are now suspended until the end of […]

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Tennis-Fairytale run leaves Raducanu 100% committed to sport

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 NEW YORK (Reuters) – Two years ago, Emma Raducanu was not sure tennis was the perfect fit and she kept her education as a backup option but there are no more doubts for the British teenager as her fairytale run takes her to her first major final at the U.S. Open. After […]

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European stocks track Asian equities higher

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) – European stocks inched higher on Friday, tracking a positive trading session in Asia, even as investors weighed risks from tighter monetary policies after the European Central Bank signalled a slowdown of its pandemic-era bond purchases. The pan-European STOXX 600 index was up 0.2%, as of 0710 GMT, but was still […]

Filed Under: News

Marketmind: Hitting the buffers

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 A look at the day ahead from Sujata Rao. A phone chat between the U.S. and Chinese presidents has made all the difference to markets’ mood: world stocks have snapped a three-day losing streak, the yuan is at one-week highs and U.S. Treasury yields are moving up. Yet there is no dismissing […]

Filed Under: News

China lobbies Australia parliament on joining regional trade pact

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 SYDNEY (Reuters) – China has lobbied the Australian parliament to help it join a major regional trading pact, describing the strength of Chinese trade with Australia and avoiding mention of billions of dollars in punitive sanctions imposed by Beijing. The Chinese embassy’s suggestion, in a submission to a parliamentary inquiry, came in […]

Filed Under: News

JPMorgan slashes price target for troubled China property giant Evergrande

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 LONDON (Reuters) – Investment bank JPMorgan slashed its price target for China’s debt-hobbled property giant Evergrande Group to HK$2.80 from HK$7.20 on Friday, saying there was likely to be more negative news about its finances. The bank also cut its recommendation to underweight from overweight. “We believe the company will continue to […]

Filed Under: News

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