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September 3, 2021 (Reuters) – Australia has postponed its biggest golf tournaments to 2022 due to COVID-19, organisers said on Friday. The Australian PGA Championship will be moved from a December slot to Jan. 13-16 in Brisbane, while the Nov. 25-28 Australian Open in Sydney has been pushed back to late-January or February. “These decisions […]

September 3, 2021 NEW YORK (Reuters) – Highlights of the fourth day at the U.S. Open, the last Grand Slam tournament of the year, at Flushing Meadows on Thursday (times in GMT): 0151 BROOKSBY OUTLASTS FRITZ IN BATTLE OF AMERICANS American 20-year-old Jenson Brooksby, ranked 99th in the world, came from behind to beat compatriot […]

September 3, 2021 BEIJING (Reuters) – Activity in China’s services sector slumped into sharp contraction in August, a private survey showed on Friday, as restrictions to curb the COVID-19 Delta variant threatened to derail the recovery in the world’s second-biggest economy. The Caixin/Markit services Purchasing Managers’ Index (PMI) fell to 46.7 in August from 54.9 […]

September 3, 2021 By Vivek Mishra and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Volatility in high-risk, high-return emerging market currencies is set to persist amid fears of a “taper tantrum” once the U.S. Federal Reserve starts cutting its bond buying, according to analysts who say a sell-off is likely in the next three months. A majority […]

September 3, 2021 SAN SALVADOR (Reuters) -A legal reform in El Salvador that seeks to fire all judges over the age of 60 that was approved by allies of President Nayib Bukele came under criticism from a U.S. official on Thursday, in the latest American rebuke of the president’s agenda. The over-60 purge is also […]

September 3, 2021 WELLINGTON (Reuters) -New Zealand reported 28 new cases of COVID-19 on Friday, a big drop compared to the last few days, as authorities said the country was breaking the chain of transmission of the highly infectious Delta variant of coronavirus. Authorities said 27 new cases were in Auckland and one was in […]

California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California Superior Court Judge ruling calling 2020’s Proposition 22 unconstitutional. Prop 22, which was passed last November in California, would allow app-based companies like DoorDash, Uber and Lyft to continue classifying workers as independent contractors rather […]

Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital. The company says the round was oversubscribed, and that it doubled its revenue growth in 2020. Founded in […]

The cloud analytics firm Tableau has unveiled a number of new data and analytics platform capabilities in addition to new enterprise subscription plans designed to help customers' digital transformation efforts. The Salesforce-owned company aims to empower everyone in an organization by giving them access to trusted and governed data at a time when 87 percent […]

September 3, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar sank to its lowest in almost a month against major rivals on Friday, ahead of a crucial U.S. jobs report that could spur the Federal Reserve to an earlier tapering of stimulus. The dollar index, which measures the greenback against six peers, slipped 0.04% […]

September 3, 2021 By Stephen Nellis (Reuters) – In the space of a week, Apple Inc made two sets of changes to its App Store rules, which are the subject of lawsuits, regulatory probes and legislation around the world, but the tweaks do not address the biggest concerns raised. Lawmakers and regulators are considering dismantling […]

September 3, 2021 TOKYO (Reuters) – Japan’s services sector activity contracted at the fastest pace in over a year in August as a resurgence of COVID-19 cases dealt a blow to the world’s third-largest economy’s recovery. Activity and new business inflows shrank at the fastest pace since May last year, with businesses hit by a […]

September 3, 2021 By Brendan Pierson (Reuters) – A U.S. judge this week dismissed from a jury pool nine people who were unvaccinated against COVID-19. He said his aim was to keep jurors and their families healthy but might his decision skew the jury pool? U.S. District Judge Edward Davila, presiding over the California fraud […]

September 3, 2021 By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) – The roll-out of COVID-19 vaccinations is making life insurers more enthusiastic about offering cover to those with underlying health conditions – some without even knowing whether customers have been vaccinated. Life insurers were imposing waiting periods to buy cover in the early […]

September 3, 2021 By David Ljunggren MONTREAL (Reuters) – Canadian Prime Minister Justin Trudeau, struggling ahead of a Sept. 20 election, came under concerted fire at a debate on Thursday from opponents who said he had no business calling an election during the COVID-19 pandemic. Trudeau triggered the vote last month when he was well […]

September 3, 2021 By Mark Hosenball WASHINGTON (Reuters) -A British-born man who was a member of a team of Islamic State militants in Syria nicknamed “The Beatles” and accused of beheading American hostages pleaded guilty on Thursday to eight U.S. criminal charges including lethal hostage taking and conspiracy to support terrorists. London-born Alexanda Kotey is […]

September 3, 2021 (Reuters) – Amazon.com Inc is planning to launch its Amazon-branded TV in the United States as soon as October, Business Insider reported on Thursday. The launch, involving teams from Amazon Devices and Lab126, has been in the works for almost two years, the report https://bit.ly/3t9bzrZ said, citing people familiar with the matter. […]

September 3, 2021 By Timothy Gardner WASHINGTON (Reuters) – The U.S. House Natural Resources Committee will extend debate on energy and environmental legislation on infrastructure into next week, Representative Raul Grijalva, a Democrat, said on Thursday after Republicans proposed scores of amendments to the bill. Democrats on the panel have proposed $31 billion of measures […]

September 3, 2021 By Shrutee Sarkar and Swathi Nair BENGALURU (Reuters) – The European Central Bank will announce a cut to the pace of its emergency bond purchases from next quarter at its meeting this month but will keep buying bonds through 2024 at least under its main programme, and possibly much longer, a Reuters […]

September 3, 2021 By Hari Kishan BENGALURU (Reuters) – The dollar’s direction is in limbo as financial markets await a clearer path from the U.S. Federal Reserve, according to a Reuters poll of FX strategists who were split on where they expected the currency to trade over the next three months. On the back foot […]