October 1, 2021 By Matt Scuffham NEW YORK (Reuters) – Global shares bounced in volatile trading Friday with debate over the timing of future interest rate rises on both sides of the Atlantic intensified by euro zone inflation jumping to a 13-year high. Earlier in the week, global shares suffered their worst rout since January […]
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Exclusive-White House, top Democrats reach deal in budget bill on carbon capture credit -sources
October 1, 2021 By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources […]
Tunisia’s Ghannouchi says Parliament is in permanent session, calls on MPs to resume work
October 1, 2021 CAIRO (Reuters) – Tunisia’s parliament speaker Rached Ghannouchi said on Friday that the parliament suspended by the president was in permanent session, and called on its members to resume work. “The office of the Assembly of the Representatives of the People is in permanent session,” Ghannouchi, head of the moderate Islamist Ennahda […]
Factbox-How does the Nobel Peace Prize work?
October 1, 2021 By Gwladys Fouche OSLO (Reuters) – The winner of the 2021 Nobel Peace Prize will be announced on Oct. 8 in Oslo. Here is a look at how the award works: WHO CAN WIN? The prize should go to the person “who has done the most or best to advance fellowship among […]
Fed’s Mester repeats first rate hike could come at the end of 2022
October 1, 2021 NEW YORK (Reuters) – The Federal Reserve’s conditions for raising interest rates could be met by the end of 2022, Cleveland Fed Bank President Loretta Mester said on Friday, adding that she expects inflation to come back down to the central bank’s target next year. “I think we’ll see progress in the […]
Soccer-‘Stop attacking our children’: Sparta Prague condemn reports of Kamara abuse
October 1, 2021 (Reuters) – Sparta Prague have hit out at media reports that Rangers midfielder Glen Kamara was targeted by sections of a crowd comprising mainly schoolchildren during Thursday’s 1-0 Europa League home win. In March, Finland’s Kamara had complained of being racially abused by Slavia Prague’s Ondrej Kudela during a Europa League tie […]
Take Five: U.S. jobs & an OPEC oil gathering
October 1, 2021 (Reuters) – Key U.S. jobs numbers on Friday and an OPEC+ meeting on Monday to review oil output as crude prices top $80 dollars a barrel are top of the agenda for markets as 2021 heads into the homestretch following a bumpy Q3 ride. Here are the five stories likely to dominate […]
Wall Street kicks off October with gains, boosted by economic optimism
October 1, 2021 By Stephen Culp (Reuters) – Wall Street advanced in a broad rally on Friday, after sorting out conflicting news about the economy, the battle against COVID, and legislative wrangling in Washington at the start of the fourth quarter. All three major U.S. stock indexes began trending higher by late afternoon, buoyed by […]
iOS 15 update to fix Apple Watch unlock bug is here
Cherylnn Low Contributor Cherlynn Low is reviews editor at Engadget. If you’ve had your iPhone set up to unlock with your Apple Watch and recently upgraded to an iPhone 13, a software bug may have prevented you from continuing to use this. Thankfully, a fix is here and once you install it, you shouldn’t have […]
Ice hockey-Sacked Ukraine league manager said blamed for video of racist incident spreading
October 1, 2021 By Ilya Zhegulev KYIV (Reuters) – The former general manager of the Ukrainian Hockey League (UHL) told Reuters on Friday he was sacked for speaking out against racism and not preventing a video of a racist incident being published on the league’s official website. The video shocked the global hockey community this […]
Wells Fargo must face shareholder fraud claims over its recovery from scandals
October 1, 2021 By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Thursday rejected Wells Fargo & Co’s bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers. The fourth-largest U.S. bank has operated since 2018 under consent orders from […]
Merck COVID-19 pill success slams Moderna shares, shakes up healthcare sector
October 1, 2021 By Lewis Krauskopf and Manojna Maddipatla (Reuters) – Positive clinical trial results for Merck & Co’s experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while denting high-flying shares of vaccine companies and makers of other coronavirus therapies. Merck shares jumped as much as […]
Fast-food chains close some indoor seating as U.S. cities mandate vaccine checks
October 1, 2021 (Corrects home state of Seattle to Washington in last paragraph) By Hilary Russ NEW YORK (Reuters) -As New York, San Francisco and a few other U.S. cities and counties require restaurants to check proof of COVID-19 vaccination to dine indoors, some fast-food chains are simply shutting their seating areas altogether – a […]
Biden administration considering regulating stablecoin issuers as banks – WSJ
October 1, 2021 (Reuters) – The Biden administration is looking into ways to impose bank-like regulation on companies that issue stablecoins, including asking them to register as banks, the Wall Street Journal reported on Friday https://ift.tt/39Wvu4z, citing people familiar with the matter. The administration is also expected to urge the Congress to consider a new […]
Reid Hoffman on the evolution of ‘blitzscaling’ amid the pandemic
When LinkedIn co-founder and Greylock partner Reid Hoffman first coined the term “blitzscaling,” he kept it simple: It’s a concept that encourages entrepreneurs to prioritize speed over efficiency during a period of uncertainty. Years later, founders are navigating a pandemic, perhaps the most uncertain period of their lives, and Hoffman has a clarification to make. […]
Exclusive-White House presses U.S. airlines to quickly mandate vaccines for staff
October 1, 2021 By David Shepardson WASHINGTON (Reuters) -The White House is pressing major U.S. airlines to mandate vaccines for employees by Dec. 8, four sources told Reuters on Friday. White House COVID-19 response coordinator Jeffrey Zients spoke to the chief executives of American Airlines, Delta Air Lines and Southwest Airlines on Thursday to ensure […]
Golden Globes group adds new members as it works to diversify
October 1, 2021 LOS ANGELES (Reuters) – The Hollywood Foreign Press Association said on Friday it had added 21 new members as part of its efforts to diversify the ranks of the organization that hands out the Golden Globe awards for film and television. The additions bring the HFPA’s membership total to 105. Among the […]
Cricket-No time to experiment, Fleming says, as Chennai seal IPL playoffs berth
October 1, 2021 MUMBAI (Reuters) – Chennai Super Kings became the first team to reach the Indian Premier League playoffs on Thursday with their ninth win from 11 matches but head coach Stephen Fleming said the team will not take their foot off the pedal. Three-time winners Chennai, led by former India captain Mahendra Singh […]
Soccer-Former England defender Butcher wants heading phased out of the game
October 1, 2021 (Reuters) – Former England defender Terry Butcher wants heading to be gradually phased out of the sport to reduce the risk of brain trauma and neurodegenerative diseases. Butcher, 62, was a no-nonsense centre back who was strong in the air and famously suffered a head wound playing for England in a World […]
For rookie QBs, struggle is real
October 1, 2021 No wobbly pass, stare-down interception, busted assignment or coughed-up fumble underscores the sad state of the NFL’s underwhelming rookie quarterback class more than these ugly statistics. Between towering Jacksonville Jaguars starter Trevor Lawrence, New York Jets signal caller Zach Wilson and New England Patriots quarterback and Cam Newton replacement Mac Jones, they’ve […]