October 9, 2021 BEIJING (Reuters) -Chinese President Xi Jinping vowed on Saturday to realise “reunification” with Taiwan, though did not directly mention the use of force, following a week of tensions with the Chinese-claimed island. Democratically ruled Taiwan has come under increased military and political pressure from Beijing to accept its sovereignty, but Taipei has […]
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Australia braces for more COVID-19 infections as country moves towards re-opening
October 9, 2021 By Lidia Kelly MELBOURNE (Reuters) – Australia was bracing for more COVID-19 infections and hospitalisations, officials said on Saturday, even as it moves toward gradually easing pandemic restrictions with the vast majority of its people getting vaccinated against the virus. Sydney, in a lockdown for more than 100 days, is to ease […]
Ireland cuts 2021 deficit forecast to 3.1% of GDP
October 9, 2021 DUBLIN (Reuters) – Ireland on Saturday cut its budget deficit forecast for the year to 3.1% of gross domestic product from a forecast it made three months ago of 5.1% thanks to lower-than-expected spending and strong tax receipts and economic growth. The government had indicated in recent weeks that it expected to […]
IMF board seeks more details on claims against Georgieva – statement
October 9, 2021 WASHINGTON (Reuters) – The International Monetary Fund’s executive board adjourned without a decision about the future of Managing Director Kristalina Georgieva on Friday and said it would seek more information about claims that she pressured World Bank staff to alter data to benefit China in her previous role. The IMF said the […]
Tesla moving headquarters to Texas from California
October 9, 2021 (In story from Thursday, clarifies in second paragraph that company is Hewlett Packard Enterprise) By Hyunjoo Jin and Subrat Patnaik SAN FRANCISCO (Reuters) -Tesla Inc Chief Executive Elon Musk said on Thursday the electric carmaker plans to move its headquarters from Silicon Valley’s Palo Alto, California to Austin, Texas, where it is […]
Top fossil fuel lender JPMorgan joins UN climate action finance plan
October 9, 2021 By Elizabeth Dilts Marshall NEW YORK (Reuters) -JPMorgan Chase & Co said Friday it was joining the United Nation’s Net-Zero Banking Alliance, a group of global banks that have committed to dramatically reducing their carbon financing and investment activities. As the largest U.S. bank and a major lender to the fossil fuel […]
Blinken to visit Colombia later this month
October 9, 2021 BOGOTA (Reuters) – U.S. Secretary of State Antony Blinken will visit Colombia later this month to strengthen the two countries’ relationship and discuss diverse topics related to their shared agenda, the Andean country’s foreign ministry said on Friday. The United States is Colombia’s chief ally in the fight against drug trafficking and […]
Boxing-Fury and Wilder post career-heaviest weights ahead of title fight
October 9, 2021 (Reuters) – Heavyweights Tyson Fury and Deontay Wilder tipped the scales at their biggest weights yet on the eve of their highly-anticipated third fight in Las Vegas on Saturday with the WBC belt on the line. Fury, who recovered from a 12th round knockdown in their first meeting to earn a draw […]
NFL-Gruden racist email condemned by NFL
October 9, 2021 (Reuters) – The National Football League condemned on Friday the racist slur directed at NFL Players Association (NFLPA) chief DeMaurice Smith by Las Vegas Raiders coach Jon Gruden describing the email as “abhorrent”. The Wall Street Journal reported on Friday that Gruden in a 2011 email used a racist trope to describe […]
Soccer-Rashford receives honorary doctorate from University of Manchester
October 9, 2021 By Sophie Penney (Reuters) – Manchester United forward Marcus Rashford has become the youngest recipient of an honorary doctorate from The University of Manchester for his campaign against child poverty, the Premier League club said on Friday. The England international earned widespread praise after successfully campaigning for school food vouchers to be […]
BoE’s Bailey says inflation above target is concerning – Yorkshire Post
October 9, 2021 (Reuters) – Inflation running above the Bank of England’s target of 2.0 percent is very concerning and it has to be managed to prevent it from becoming permanently embedded, the bank’s governor, Andrew Bailey, said in an interview to The Yorkshire Post newspaper. “We are going to have a very delicate and […]
Global tax deal seeks to end havens, criticized for ‘no teeth’
October 8, 2021 By Leigh Thomas PARIS (Reuters) -A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field. The deal aims to […]
S&P 500 ends lower after U.S. September jobs miss
October 8, 2021 By Noel Randewich and Devik Jain (Reuters) – The S&P 500 ended lower on Friday after data showed weaker jobs growth than expected in September, yet investors still expected the Federal Reserve to begin tapering asset purchases this year. Wall Street’s three main indexes were mixed for much of the session before […]
Blinken cautions Haitian migrants against ‘profoundly dangerous’ trek to U.S.
October 9, 2021 By Simon Lewis MEXICO CITY (Reuters) – U.S. Secretary of State Anthony Blinken on Friday warned Haitian migrants that they would not succeed in reaching the United States, while his Mexican counterpart lamented that many had been tricked into undergoing the long trek with false hopes. The top U.S. diplomat visited Mexico […]
Renowned investor Kevin Ryan thinks the big money is in healthcare
Kevin Ryan has become very wealthy by being at the right place at the right time — including at online ad network Doubleclick, which he joined as its 12th employee and eventually ran as CEO (it was later acquired, twice) — as well as cofounding numerous companies, including the software company MongoDB, which is currently […]
Apple asks judge to pause Epic Games antitrust orders as it appeals ruling
October 8, 2021 By Stephen Nellis and Paresh Dave (Reuters) – Apple Inc on Friday asked a U.S. federal judge to put on hold orders that could require it to change some of its App Store practices and said that it is also appealing the ruling in an antitrust case brought by “Fortnite” creator Epic […]
IMF’s Georgieva wins some European backing as board debates her future
October 8, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Some European governments on Friday backed Kristalina Georgieva to remain International Monetary Fund managing director as the IMF board debated her alleged role in a World Bank data-rigging scandal, people familiar the matter said. A French finance ministry source told Reuters that France planned […]
McConnell says Republicans will not again aid Democrats in raising debt limit
October 8, 2021 WASHINGTON (Reuters) – One day after the Senate approved a temporary lift to the U.S. debt ceiling, Senate Republican Leader Mitch McConnell wrote in a letter to President Joe Biden that he would not aid Democrats again in raising the debt limit. Following weeks of partisan fighting, the Senate approved https://ift.tt/2YC79yW the […]
U.S. dollar net long bets jump to largest since mid-June 2019 -CFTC, Reuters data
October 8, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. dollar net longs in the latest week surged to their highest level in more than two years, according to Reuters calculations and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $22.89 billion in the week […]
U.S. will accept WHO-approved COVID-19 vaccines for international visitors
October 8, 2021 By David Shepardson WASHINGTON (Reuters) -The United States will accept the use by international visitors of COVID-19 vaccines authorized by U.S. regulators or the World Health Organization, the Centers for Disease Control and Prevention said late on Friday. On Sept. 20, the White House announced the United States in November would lift […]