News

September 6, 2021 MELBOURNE (Reuters) – Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations envoy called on the country to phase out the fossil fuel. Without greater efforts to cut coal, climate change […]

Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11 million in a new financing round as it looks to broaden its offerings and deepen footprints in the South Asian market. The new financing round, a Pre-Series A, was led by […]

September 6, 2021 NEW YORK (Reuters) – Emma Raducanu’s dream run at the U.S. Open looked to be taking her to a last-16 tie with Ash Barty but while the 18-year-old Briton has avoided the world number one she will be up against a surging Shelby Rogers and raucous home crowd on Monday. Raducanu, ranked […]

September 6, 2021 LONDON (Reuters) – British new car registrations in August fell 22% year on year, preliminary industry data showed on Monday, with the sector still battling pandemic-related supply difficulties.     Over the first eight months of the year the market is up about 20% from 2020, the Society of Motor Manufacturers and Traders […]

September 6, 2021 (Reuters) – The Taliban have taken complete control of Panjshir province, the last area in Afghanistan being held by resistance forces, the Islamist militant group’s spokesman, Zabihullah Mujahid, said on Monday. Pictures on social media showed Taliban members standing in front of the gate of the Panjshir provincial governor’s compound. There was […]

September 6, 2021 By Amy Tennery NEW YORK (Reuters) – Felix Auger-Aliassime broke through Frances Tiafoe’s defences to win 4-6 6-2 7-6(6) 6-4 at the U.S. Open on Sunday in a fourth-round battle between two of the sport’s brightest young talents. Both players came into the tie at Arthur Ashe Stadium on the back of […]

September 6, 2021 MUMBAI (Reuters) – Governing body FIFA’s proposal to hold the World Cup every two years instead of every four has received support from four football federations in South Asia, who said it would spur development of the game in the region. In May, FIFA’s congress voted to carry out a feasibility study […]

September 6, 2021 SYDNEY (Reuters) – Australia must diversify its economy to rely less on China, its largest trading partner, Treasurer Josh Frydenberg said on Monday, as he warned businesses to brace for new tensions with Beijing. Australia’s relations with China soured after it banned Huawei from its 5G broadband network in 2018 and cooled […]

September 6, 2021 BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) unexpectedly dropped 0.02% in August from a year earlier, due mainly to government subsidy measures, the commerce ministry said on Monday. The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase. (Reporting by […]

September 6, 2021 BEIJING (Reuters) – China’s Vice Premier Liu He said the private economy must be supported and that “guidelines and policies for supporting the private economy have not changed…and will not change in the future,” according to a report from state-owned news agency Xinhua. Liu was speaking via video at a forum on […]

September 6, 2021 LIMA (Reuters) – Peru beat Venezuela 1-0 in a World Cup qualifier on Sunday to leave their opponents rooted to the bottom of the South American qualifying group for next year’s finals in Qatar. Christian Cueva scored the only goal of the game after 35 minutes when he seized on a loose […]

September 6, 2021 (Reuters) – Cyle Larin’s 62nd minute equaliser earned Canada a 1-1 draw with the United States in their CONCACAF World Cup qualifier in Nashville on Sunday. The United States, who drew 0-0 with El Salvador in their opening qualifier, were determined to sharpen their attack and went ahead in the 55th minute […]

September 6, 2021 MANILA (Reuters) – Philippine Airlines will delay the delivery or cancel orders for 13 narrow-body Airbus aircraft as it pursues a corporate rehabilitation programme, an executive said on Monday. The flag carrier has negotiated with Airbus for the postponement of the delivery, with an option to cancel some aircraft orders beyond 2026 […]

September 6, 2021 SHANGHAI (Reuters) – China’s JD.com said on Monday Xu Lei will become the e-commerce giant’s first ever president, making way for chief executive and founder Richard Liu to devote more time to formulating long-term strategies. Lei, previously the CEO of JD Retail, will fill the new position and lead the day-to-day operation […]

September 6, 2021 By Maher Chmaytelli and Florence Tan DUBAI/SINGAPORE (Reuters) – Saudi Arabia, the world’s top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States steady. The deep price cuts come as lockdowns across Asia to combat the […]

September 6, 2021 HONG KONG (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s central bank said it should stop offering payment services. Binance will stop offering Singapore dollar payment options and Singapore dollar trading pairs from Sep. 10 and remove […]

September 6, 2021 (Reuters) – Singapore’s aviation regulator said on Monday it would approve the return to service of the Boeing Co 737 MAX more than two years after the plane was grounded, becoming the latest country in the Asia-Pacific region to do so. The approval is based on operators including Singapore Airlines Ltd complying […]

September 6, 2021 WASHINGTON (Reuters) – The United States on Sunday strongly condemned what it said was Russia’s detention at the weekend of the deputy leader of the main representative body of Crimean Tatars and at least 45 other members of the ethnic group. A State Department statement said Nariman Dzhelyalov, deputy chairman of the […]

Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and a G-Class SUV concept — all part of the company’s bid to become an electric-only automaker by the end of the decade. Mercedes has already started producing the all-electric EQS, a […]

Homage, the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Other participants included new investors DG Daiwa Ventures and Sagana Capital, and returning backers East Ventures (Growth), HealthXCapital, SeedPlus, Trihill Capital and Alternate Ventures. The new funding will be used to develop […]