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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 […]

Filed Under: News

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 […]

Filed Under: News

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 […]

Filed Under: News

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 […]

Filed Under: News

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

Chip shortage pushes Reliance, Google to delay India smartphone launch

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BENGALURU (Reuters) – Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage. The “ultra-affordable” smartphone, developed jointly by Reliance’s telecom arm and Google, was set to be rolled out from Sept. 10. Companies globally are tackling a massive […]

Filed Under: News

Tunisian president plans to change political system, suspend constitution -adviser

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Tarek Amara and Angus McDowall TUNIS (Reuters) -Tunisian President Kais Saied plans to suspend the constitution and may amend the political system via a referendum, one of his advisers told Reuters on Thursday in the first clear indication of his plans after moves his critics have called a coup. More than […]

Filed Under: News

China to kick off long-awaited Wealth Connect wrapping in HK, Macau

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 SHANGHAI (Reuters) – China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to integrate the mainland with the two territories more closely. The cross-boundary scheme will initially lead to combined fund flows of 300 billion […]

Filed Under: News

China vehicle sales slid 18% in August – industry body

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 BEIJING (Reuters) – China’s auto sales fell 17.8% in August from the corresponding month a year earlier, industry data showed on Friday. Overall sales in the world’s biggest car market stood at 1.8 million vehicles in August, data from the China Association of Automobile Manufacturers (CAAM) showed. For the first eight months […]

Filed Under: News

Cineworld pays $170 million to Regal investors unhappy with 2017 buyout

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 (Reuters) -Cineworld, the world’s second-largest movie theatre operator, said it will pay $170 million to Regal Entertainment shareholders, who were disgruntled with the price they received when the London-listed company took over the U.S. chain in 2017. According to an agreement, $92 million will be held in escrow and be available to […]

Filed Under: News

Swiss exchange SIX receives regulatory clearance for digital asset bourse

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 ZURICH (Reuters) – Swiss stock exchange SIX has received regulatory approval from the financial market supervisor for its new SDX bourse, it said on Friday, paving the way for it to go live with its marketplace for digital assets. “The digitalization of financial markets continues apace, and while the final shape of […]

Filed Under: News

Toyota cuts annual auto production target on shortage of chips, parts

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 TOKYO (Reuters) – Toyota Motor Corp, the worlds biggest automaker by sales volume, cut its annual production target on Friday by 300,000 vehicles because of a global shortage of chips and supplies of auto parts from factories in Southeast Asia. The Japanese car maker now expects to build 9 million vehicles in […]

Filed Under: News

Bail denied to Hong Kong activist behind group for Tiananmen vigil

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 HONG KONG (Reuters) – A Hong Kong court on Friday rejected bail for the vice-chairwoman of a pro-democracy group that organises the annual June 4 rally to commemorate those who died in the bloody crackdown in and around Beijing’s Tiananmen Square in 1989. Chow Hang Tung, 36, and other members of the […]

Filed Under: News

PM Johnson’s Conservatives see support slump to lowest since election – poll

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 LONDON (Reuters) – Support for British Prime Minister Boris Johnson’s Conservative party has slipped behind the opposition Labour party to its lowest level since the 2019 national election, a poll showed, after announcing a tax rise to fund health and social care. The poll, conducted by YouGov for the Times newspaper, showed […]

Filed Under: News

UK economy grew by just 0.1% in July as Delta spread

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 LONDON (Reuters) -Britain’s economy barely grew in July, rising by just 0.1% from June, the weakest expansion since January when the country went back into strict COVID-19 lockdown rules, official data showed on Friday. Economists polled by Reuters had mostly expected month-on-month growth of 0.6% in gross domestic product. Britain saw a […]

Filed Under: News

Tennis-Fernandez uses doubters as motivation to reach US Open final

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Steve Keating NEW YORK (Reuters) – Leylah Fernandez may not feel the weight of expectation as she heads into the U.S. Open final but the Canadian teenager will have a chip on her shoulder put there by those who doubted her. Dropped from Tennis Quebec’s development program when she was seven-years-old […]

Filed Under: News

Tennis-‘Bad memories’ of Roland Garros trip up Sakkari in New York

September 10, 2021 by David Barret Leave a Comment

September 10, 2021 By Amy Tennery NEW YORK (Reuters) – “Bad memories” from Roland Garros may have foiled Maria Sakkari at the U.S. Open on Thursday, as the 17th seed fell in the semi-final of a Grand Slam for the second time this year. The Greek was the favourite heading into her encounter with 18-year-old […]

Filed Under: News

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