October 8, 2021 MILAN (Reuters) – Telecom Italia (TIM) and its unit Noovle have signed a partnership with business software maker Oracle to offer cloud services in Italy, the three companies said in a joint statement on Friday. Under the partnership, the firms will offer services to enterprises and public entities to implement a so-called […]
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Britain says exact date on U.S. travel reopening still not known
October 8, 2021 LONDON (Reuters) – Britain’s transport minister Grant Shapps said on Friday there was still no exact date for when the United States would open for travellers from the United Kingdom, beyond guidance of early November. The lack of clarity on the U.S. opening is one of the final barriers remaining for UK […]
Odeon sells 1 million James Bond tickets in Britain and Ireland
October 8, 2021 LONDON (Reuters) – Just over 1 million tickets have been sold for the latest James Bond movie at Odeon cinemas in Britain and Ireland, the chain said on Friday, in the latest sign that “No Time to Die” is helping boost a sector hit badly by COVID-19 closures. The latest instalment is […]
Exclusive-Erdogan is cooling on his latest central bank chief, sources say
October 8, 2021 By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkish President Tayyip Erdogan is losing confidence in central bank governor Sahap Kavcioglu, less than seven months after he sacked his predecessor, and the two have communicated little in recent weeks, three sources familiar with the matter said. The sources, who requested anonymity […]
Japan eyes support for chip plant construction with extra budget -Kyodo
October 8, 2021 TOKYO (Reuters) – Japan’s government was considering spending hundreds of bilions in yen to support the construction of semiconductor plants with a stimulus budget for the current fiscal year, Kyodo News reported on Friday. Prime Minister Fumio Kishida instructed his cabinet earlier in the day to compile an economic package to ease […]
Ukrainian lawmaker on anti-corruption panel dies in taxi
October 8, 2021 KYIV (Reuters) -A young Ukrainian lawmaker involved in a probe into corruption in the defence sector fell ill and died in a taxi in Kyiv on Friday morning after what prosecutors said was a heart attack. Anton Poliakov, 33, belonged to the “For the Future” party, having defected from the ruling “Servant […]
Japan LDP election platform draft does not mention financial tax
October 8, 2021 By Yoshifumi Takemoto and Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s ruling Liberal Democratic Party (LDP) made no mention of reviewing financial income tax in its campaign platform for the Oct.31 general elections, a draft obtained by Reuters showed. Kishida, who has vowed to rectify wealth disparities, had previously […]
Soccer-Ashley says he rejected bigger Newcastle bid before Saudi-led takeover
October 8, 2021 (Reuters) – Outgoing Newcastle United owner Mike Ashley said he had rejected a higher bid than the one that led to the Premier League club being taken over by a Saudi Arabia-led group on Thursday, but believed he had acted in the best interests of the club. Newcastle were bought by a […]
China’s soft Golden Week data bode ill for retail sales
October 8, 2021 BEIJING (Reuters) – Tourism revenues in China during the Golden Week holiday that ended on Thursday fell by almost 5% year-on-year, state media reported, while lingering coronavirus curbs also saw a decline in the total number of trips undertaken. The sluggish data weighed on the outlook for China’s overall retail sales, which […]
German exports slip for first time in 15 months – stats office
October 8, 2021 BERLIN (Reuters) – The volume of German exports fell in August for the first time in 15 months, slipping unexpectedly as the supply chain issues plaguing the global economy continued to bite in Europe’s largest economy. Seasonally adjusted exports from Germany’s largest economy slipped month-on-month to 113 billion euros ($130 billion), a […]
European stocks dip on tech losses, U.S. jobs caution
October 8, 2021 (Reuters) – European stocks slipped on Friday as declines in the technology sector more than offset gains in oil and auto shares, while investors remained cautious ahead of U.S. payrolls data. The pan-European STOXX 600 index slipped 0.2%, with tech stocks down 0.9%, while oil & gas stocks jumped 1.1% as crude […]
Britain’s Asda to expand rapid delivery service
October 8, 2021 LONDON (Reuters) -British supermarket group Asda will extend a rapid online service for delivery within one hour to 96 stores after a trial exceeded expectations, it said on Friday. Asda, which trails market leader Tesco and Sainsbury’s in annual sales, had launched the “Express Delivery” service with a four-store trial in June. […]
Marketmind: Kick that can
October 8, 2021 A look at the day ahead from Sujata Rao All’s well. At least until December 3 when the U.S. Treasury will again bump up against the newly raised debt ceiling, allowing Congress to put markets through the ‘will-they, won’t they’ agony yet again. And European gas prices are now around a third […]
China says protecting nature a ‘priority’ ahead of U.N. biodiversity talks
October 8, 2021 SHANGHAI (Reuters) – China will make the protection of nature a priority and crack down on damage to habitats, the government said in a policy paper days before it hosts talks aimed at drawing up a new global biodiversity treaty. China has acknowledged that decades of industrial development and rapid urbanisation have […]
South Korea to raise emissions reduction goal to 40% by 2030
October 8, 2021 By Josh Smith SEOUL (Reuters) – South Korea’s government on Friday said it would raise its greenhouse gas reduction goal from 26.3 percent to 40 percent by 2030, as part of efforts to achieve carbon neutrality by 2050. The revised nationally determined contribution (NDC) was proposed by the ruling party in June […]
Poland’s PM welcomes Polish court ruling challenging primacy of EU law
October 8, 2021 WARSAW (Reuters) – Poland’s Prime Minister Mateusz Morawiecki welcomed a Polish court ruling that said some parts of European Union treaties are incompatible with the Polish constitution in a Facebook post on Friday. The ruling, announced Thursday, challenges a pillar of European integration and sharply escalates a dispute between Brussels and Warsaw, […]
Graneet thinks construction companies should switch from Excel to their tool
Meet Graneet, a French startup that just raised a $2.8 million seed round (€2.4 million) led by Point Nine and Fondamental. Graneet is a vertical software-as-a-service startup focused on the construction industry and the myriad of small and medium companies in this industry specifically. It wants to build the definitive financial management solution so that […]
Norway’s economy grew faster than expected in August
October 8, 2021 OSLO (Reuters) – The Norwegian mainland economy grew at a faster-than-expected pace in August, accelerating from the previous month, Statistics Norway (SSB) data showed on Friday. August mainland GDP, a measure which excludes oil and gas production, rose 1.1% from July, SSB said, up from a revised 0.6% in July, while a […]
Valuations of Asian stocks slip to a 16-month low
October 8, 2021 By Gaurav Dogra (Reuters) – Valuations of Asian equities hit a 16-month low at the end of September, as concerns over an economic slowdown in China and growing expectations of monetary policy tightening by major central banks dragged down equity markets. The MSCI Asia-Pacific index fell 2.3% last month and its forward […]
And the 2021 Nobel Prizes go to men… so far
October 8, 2021 (This Oct.7 story corrects day of peace prize announcement to Friday in paragraph 6) By Johan Ahlander, Gwladys Fouche and Julie Steenhuysen GOTHENBURG, Sweden (Reuters) – All eight winners of the 2021 Nobel Prizes in medicine https://ift.tt/3FciNkq, chemistry https://ift.tt/3AmyORp, physics https://ift.tt/3ozF8T5 and literature https://ift.tt/3mBB6qI have been men, re-igniting a recurring debate about […]