News

October 1, 2021 By Sonali Paul MELBOURNE (Reuters) – Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease supply concerns, with soaring gas prices spurring power producers to switch from gas to oil. U.S. West Texas Intermediate (WTI) crude futures slipped […]

October 1, 2021 By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japan’s business mood improved for a fifth straight quarter in September with manufacturers perking up on robust global demand, a central bank survey showed on Friday, boding well for the next administration’s bid to pull the economy out of the doldrums. Steady progress […]

October 1, 2021 By Sheila Dang (Reuters) – Major social media stars including Kim Kardashian, Justin Bieber and Charli D’Amelio are among celebrities whose Instagram followers experience more negative feelings about their self-image, according to internal Facebook research revealed by the Wall Street Journal this week, raising questions about the impact of celebrity culture online. […]

October 1, 2021 (Reuters) – Singapore Telecommunications has divested a 70% stake in its Australian tower network to superannuation fund AustralianSuper for A$1.9 billion ($1.37 billion), and said it will use the proceeds to fund a 5G rollout and for data centres. The deal involves the sale of 2,312 mobile network towers and rooftop sites, […]

October 1, 2021 CHICAGO (Reuters) – United Airlines on Thursday trimmed the number of employees who are facing termination for defying the company’s COVID-19 vaccine mandate. The Chicago-based carrier said only 320 U.S.-based staff are now not in compliance with its COVID-19 vaccination policy, marking a 46% drop in the past two days. Excluding those […]

October 1, 2021 By Tom Westbrook SINGAPORE (Reuters) – The dollar began the last quarter of 2021 near its highest levels of the year and headed for its best week since June, as currency markets braced for U.S. interest rates to rise before those of major peers. The euro slipped 0.1% early on Friday to […]

October 1, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]

October 1, 2021 (Corrects paragraphs 2 and 3 of Sept 18 story to make clear Cuba’s suspension from the OAS was lifted in 2009) By David Alire Garcia and Noe Torres MEXICO CITY (Reuters) -Latin American and Caribbean nations should aspire to a bloc like the European Union, Mexico’s president and other leaders said at […]

Talk about a roller coaster ride. Zoom, the video conferencing company that became everyone’s primary means of communication around work during the pandemic, will no longer be acquiring Five9, a maker of cloud-based customer-service software. Though the all-stock deal, announced in July, was expected to enable Zoom to tap into the lucrative contact center market, […]

October 1, 2021 LOS ANGELES (Reuters) -Walt Disney Co and actress Scarlett Johansson have resolved their legal dispute stemming from the release of her Marvel superhero movie “Black Widow,” the company and the performer said jointly on Thursday. The terms of their settlement were not disclosed. Johansson, 36, sued Disney in July, accusing the company […]

October 1, 2021 TOKYO (Reuters) – Bank of Japan policymakers debated rising risks to the country’s exports and output such as China’s economic slowdown, chip shortages and Southeast Asian factory shutdowns, a summary of opinion at last month’s interest rate review showed on Friday. “Exports and outputs continue to rise. But we must carefully watch […]

October 1, 2021 By Luis Jaime Acosta BOGOTA (Reuters) – About 1,900 fighters belonging to Colombian rebel and crime groups are operating from Venezuela, where they plan attacks and participate in drug trafficking, the commander of Colombia’s armed forces said. The Colombian government has long said Venezuela’s leadership grants safe harbor to Colombian armed groups, […]

October 1, 2021 By Lizbeth Diaz TIJUANA, Mexico (Reuters) – While thousands of Haitians were detained, deported or expelled from a camp on Mexico’s frontier with Texas last week, many others traveled west to the border city of Tijuana, hoping to avoid a crackdown aimed at stemming the rising tide of migrants. Evading detection, paying […]

October 1, 2021 As a few notable NBA players continue to make headlines for their anti-vaccination stances, the vast majority of the league has been vaccinated against COVID-19. NBA executive director Michele Roberts revealed this week that over 90 percent of the league’s players are fully vaccinated, while ESPN reported Thursday that 95 percent of […]

October 1, 2021 (Reuters) – Brazilian President Jair Bolsonaro said on Thursday that profits from state-run oil firm Petrobras could be used to alleviate rising fuel prices in the country, among possibilities for confronting higher prices. Fuel prices have become a hot-button issue in Brazil as inflation soars. Recent CEOs of Petrobras have been forced […]

October 1, 2021 BEIJING (Reuters) – Chinese new-home prices in September rose at the slowest pace since March 2020 as the property market softened further amid a sustained crackdown on speculation including caps on home purchase, a private-sector survey showed on Friday. New-home prices in 100 cities rose 0.14% in September from a month earlier, […]

October 1, 2021 TOKYO (Reuters) – The Japanese finance minister’s post is likely to go to former Olympics minister Shunichi Suzuki in presumptive new Prime Minister Fumio Kishida’s new cabinet, the Yomiuri daily reported late on Thursday. Incumbent finance minister Taro Aso is set to become the ruling Liberal Democratic Party’s (LDP) vice president, the […]

September 30, 2021 By Yury Garcia and Alexandra Valencia GUAYAQUIL, Ecuador (Reuters) -Ecuador on Thursday sought to identify the remains of the 116 inmates killed during a riot at one of its largest prisons earlier this week, the latest bout of violence authorities have linked to gangs vying for control of drug trafficking routes. Dozens […]

October 1, 2021 By Marcelo Rochabrun LIMA (Reuters) -Peru’s mining minister said on Thursday that unrest at the huge Las Bambas copper mine was partly caused by MMG Ltd’s short-sighted decision to rely on a dirt road to transport the metal, and called for a train line to be built instead. “They made short-term decisions […]

October 1, 2021 By Colin Packham CANBERRA (Reuters) – Australia’s Minister for Trade Dan Tehan said on Friday talks with the European Union over a trade deal have been postponed, as a row over Canberra’s decision to cancel a $40 billion deal with France escalates. Australia last month cancelled a deal with France’s Naval Group […]