October 1, 2021 (Reuters) – U.S. stock index futures fell on Friday with economically sensitive sectors leading declines ahead of key readings on inflation and industrial activity, while progress towards a bipartisan infrastructure package remained in focus. Oil firms including Exxon Mobil and Chevron Corp slipped about 0.9% premarket, while big banks Morgan Stanley, JPMorgan […]
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Dismantle ‘ring-fencing’ rules to safeguard competitiveness, say Britain’s banks
October 1, 2021 By Huw Jones LONDON (Reuters) – Britain should consider dismantling the mandatory ring fencing of capital for retail banking introduced in the aftermath of the global financial crisis or risk harming post-Brexit competitiveness, a banking lobby group said on Friday. The requirement for banks with deposits of 25 billion pounds ($34 billion) […]
Exclusive-Duty cut lifts India’s palm oil imports in Sept to a record 1.4 million T- dealers
October 1, 2021 By Rajendra Jadhav MUMBAI (Reuters) – India’s palm oil imports in September more than doubled from a year ago to a record 1.4 million tonnes as buyers increased purchases of refined palm oil ahead of key festivals and to take advantage of newly lowered duties, brokers and dealers said. Higher purchases by […]
FCC proposes new rules to combat SIM swapping scams
Mariella Moon Contributor Mariella Moon is an associate editor at Engadget. More posts by this contributor ‘Pokémon Unite’ has arrived on Android and iOS Google reportedly plans to add free channels to its smart TV platform SIM swapping scams have been on the rise these past couple of years, and since most online services these […]
Fast-food chains close some indoor seating as U.S. cities mandate vaccine checks
October 1, 2021 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 move that may dent their sales. The burger chain […]
Deutsche Telekom’s Czech unit, others offer to settle EU antitrust charges
October 1, 2021 BRUSSELS (Reuters) – Deutsche Telekom’s Czech mobile unit, 02 Czech Republic and Czech telecoms infrastructure provider Cetin have offered concessions to settle charges of restricting competition, EU antitrust regulators said on Friday. The European Commission, which acts as the competition enforcer in the 27-country bloc, issued the charges in 2019. The companies […]
Explainer-Global energy shortage or a coincidence of regional crises?
October 1, 2021 (Reuters) -British gasoline stations running dry, surging power costs in the European Union ahead of winter, forced restrictions on energy use in China and rising oil, natural gas and coal prices. You could be forgiven for thinking the world had suddenly been hit by an energy shortage, but you would be mostly […]
Liam Gallagher to perform at Knebworth Park, announces new album
October 1, 2021 LONDON (Reuters) – Twenty-five years after British rock band Oasis played two historic shows for 250,000 people at Knebworth Park, former lead singer Liam Gallagher said on Friday he would return to the site for what has been described as his biggest solo gig. The 49-year-old, who also announced a new album […]
Liam Gallagher to perform at Knebworth Park, announces new album
October 1, 2021 LONDON (Reuters) – Twenty-five years after British rock band Oasis played two historic shows for 250,000 people at Knebworth Park, former lead singer Liam Gallagher said on Friday he would return to the site for what has been described as his biggest solo gig. The 49-year-old, who also announced a new album […]
Liam Gallagher to perform at Knebworth Park, announces new album
October 1, 2021 LONDON (Reuters) – Twenty-five years after British rock band Oasis played two historic shows for 250,000 people at Knebworth Park, former lead singer Liam Gallagher said on Friday he would return to the site for what has been described as his biggest solo gig. The 49-year-old, who also announced a new album […]
Biden administration to urge halt to strict Texas abortion law
October 1, 2021 By Jan Wolfe and Sarah N. Lynch (Reuters) – President Joe Biden’s administration on Friday is set to urge a judge to block a near-total ban on abortion imposed by Texas – the strictest such law in the nation – in a key battle in the ferocious legal war over abortion access […]
Mali receives four helicopters and weapons from Russia
October 1, 2021 BAMAKO (Reuters) – A cargo plane delivered four helicopters, weapons and ammunition from Russia to Mali late on Thursday, Malian interim defence minister Sadio Camara said. He said Mali had bought the helicopters in a contract agreed in December 2020 to support its armed forces in their battle alongside French, European and […]
SquadPal is a social app to help remote working teams gel
The future of office work, post-COVID-19, is driving plenty of startup activity. Not just around core business needs like comms (Zoom, Slack et al) — but entrepreneurs are also competing to come up with the perfect tool to recreate the social serendipity of office life in order to make dispersed workers feel a bit more […]
Credit Suisse strategy unveil on track after “relentless” work – chairman
October 1, 2021 By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse remains on track to lay out its strategic overhaul this year after “working relentlessly to solve the issues that have been holding us back”, Chairman Antonio Horta-Osorio said on Friday. “We have made significant progress in assessing and debating the bank’s strategic options, and […]
Euro zone inflation jumps to 13-year high, worsening ECB headache
October 1, 2021 FRANKFURT (Reuters) – Euro zone inflation hit a 13-year high last month and looks likely to jump higher still, further clouding the European Central Bank’s benign view of the biggest price spike since before the global financial crisis. Consumer price inflation in the 19 countries sharing the euro accelerated to 3.4% year […]
Fire at COVID-19 hospital in Romania kills nine people
October 1, 2021 BUCHAREST (Reuters) – Nine people died on Friday when a fire broke out in an intensive care unit at a Romanian hospital treating COVID-19 patients, officials said, the country’s third deadly hospital fire in less than a year. Firefighters extinguished the fire at the hospital in the eastern city of Constanta at […]
Buy British: UK pig farmers urge retailers to shun cheaper EU pork
October 1, 2021 LONDON (Reuters) – Britain’s National Pig Association urged the country’s retailers to continue buying local pork and not cheaper EU products on Friday, warning that many producers would go bust if they were not properly supported. An acute shortage of butchers and slaughterers in the meat processing industry has left processors operating […]
Huawei appeals Sweden’s ban on company for selling 5G gear
October 1, 2021 STOCKHOLM (Reuters) – Huawei said on Friday it had filed an appeal against a ruling by a Swedish court in June that upheld a ban on the Chinese company for selling 5G equipment in the country. The company said it had requested an oral hearing in the case, but the Court of […]
Column: Markets flash amber as they enter ‘2nd stage of interest rate grief’
October 1, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Rising bond yields are not always bad news for stocks and other “riskier” assets, but the current spike is giving investors justifiable cause for concern as they enter the fourth quarter. The increase in yields comes against a backdrop of stretched valuations on Wall Street, […]
Chairman Mao’s favoured carmaker enters Europe with EVs in Norway
October 1, 2021 BEIJING (Reuters) – Chairman Mao Zedong’s favoured car brand, Hongqi, or Red Flag, is exporting China-made electric sport-utility vehicles to Norway, as Chinese car companies expand globally. In a statement late on Thursday, Hongqi said it had received 500 orders for its cars in Norway, where it said there were environmentally friendly […]
