Five months after announcing a deal with two of China’s biggest two-wheel vehicle makers, Gogoro officially launched there today, opening 45 battery swapping stations in Hangzhou. The company’s co-founder and chief executive officer Horace Luke told TechCrunch that it targets 80 stations by the end of the year, before expanding into other major cities with […]
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Soccer-Messi scores unusual goal as Argentina beat Uruguay 3-0
October 11, 2021 BUENOS AIRES (Reuters) – Two goals in the minutes before half time, one of them an unusually fortunate counter from Lionel Messi, helped Argentina on their way to a comfortable 3-0 win over Uruguay in a World Cup qualifier on Sunday. Eight minutes before the break Messi floated a 35-meter pass into […]
China state media says gaming time limit loopholes should be closed
October 11, 2021 SHANGHAI (Reuters) – Chinese state media said loopholes allowing minors to bypass new rules aimed at curbing gaming play time to three hours per week should be removed to “prevent addiction.” China introduced new rules in August limiting the amount of time under-18s can spend on video games to three hours a […]
Fundraising by China property trust products slump amid Evergrande woes – media
October 11, 2021 SHANGHAI (Reuters) – Fundraising by Chinese property trust products tumbled over 40% in September from a month earlier, official Shanghai Securities News reported on Monday, as China Evergrande Group’s troubles further dampen investor appetite toward the struggling sector. Newly-launched real estate trust products raised 16.2 billion yuan from investors in September, down […]
Japan’s new PM Kishida to face opposition questions for first time
October 11, 2021 TOKYO (Reuters) – Japan’s new prime minister, Fumio Kishida, makes his debut in parliamentary questioning on Monday, the first chance for the opposition to probe Kishida’s promises and plans since he took office last week. With the general election scheduled to take place in three weeks’ time, tackling the next wave of […]
Facebook-backed group launches misinformation adjudication panel in Australia
October 11, 2021 By Byron Kaye SYDNEY (Reuters) – A tech body backed by the Australian units of Facebook, Google and Twitter said on Monday it has set up an industry panel to adjudicate complaints over misinformation, a day after the government threatened tougher laws over false and defamatory online posts. Prime Minister Scott Morrison […]
Evergrande creditors fear imminent default as concerns shake sector
October 11, 2021 By Anshuman Daga, Scott Murdoch and Clare Jim SHANGHAI/SINGAPORE/HONG KONG (Reuters) -China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property developer, their advisers said. Evergrande, which could trigger one of China’s largest defaults https://ift.tt/3oJ5XV3 as […]
Tennis-Zverev advances past Brooksby at Indian Wells
October 11, 2021 (Reuters) – World number four Alexander Zverev recovered from a flurry of mistakes in the second set to defeat American Jenson Brooksby 6-4 3-6 6-1 in the second round of Indian Wells on Sunday. The German got the early break in the first set but lost some of his momentum in the […]
Soccer-Panama stun U.S. 1-0 in World Cup qualifier
October 11, 2021 (Reuters) – Panama won their first-ever World Cup qualifying match against the United States in Panama City on Sunday, picking up a 1-0 victory in CONCACAF qualifying for the 2022 World Cup. The U.S. side couldn’t find its rhythm and a header from midfielder Anibal Godoy following a corner kick in the […]
Toshiba says strategic review results to be delayed to Nov 12
October 11, 2021 TOKYO (Reuters) – Japanese industrial conglomerate Toshiba Corp said on Monday it would announce the results of a strategic review of its business along with its quarterly earnings results and a new mid-term business plan on Nov. 12. A spokesperson said the results of Toshiba’s strategic review would be part of the […]
Honeywell raises outlook for business jet deliveries as demand rebounds
October 11, 2021 (Reuters) – Honeywell International Inc on Sunday raised its outlook for business jet deliveries, as the aviation sector shakes off the effects of the COVID-19 pandemic and travel picks up with easing restrictions. The U.S. industrial conglomerate forecast up to 7,400 new business jet deliveries worth $238 billion from 2022 to 2031, […]
Dollar hits 2-1/2-year high against yen as Fed tapering seen on track
October 11, 2021 By Hideyuki Sano TOKYO (Reuters) – The dollar ticked up to a 2-1/2-year high versus the yen on Monday after a soft U.S. payrolls figure did little to alter market expectations that the U.S. Federal Reserve will announce it will start tapering its massive bond-buying next month. The U.S. economy created the […]
US stock futures lead Asia lower, dollar gains on yen
October 11, 2021 By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both down around 0.5% in early […]
Clooney goes for kindness with new movie ‘The Tender Bar’
October 11, 2021 By Hanna Rantala LONDON (Reuters) – George Clooney is back behind the camera for “The Tender Bar”, a coming-of-age story starring Ben Affleck and Tye Sheridan. The feature film, Clooney’s eighth as director, is based on the memoirs of American author J.R. Moehringer, who found substitutes for his absent father at his […]
U.S. says Taliban talks in Doha were ‘candid and professional’
October 11, 2021 By David Brunnstrom WASHINGTON (Reuters) -The United States said on Sunday the first face-to-face meeting between senior U.S. and Taliban officials since the hardline group retook power in Afghanistan was “candid and professional” and that the U.S. side reiterated that the Taliban would be judged on their actions, not just their words. […]
Taliban will be judged on deeds, says U.S., after ‘candid and professional’ talks
October 11, 2021 WASHINGTON (Reuters) – The United States said on Sunday that talks in the first face-to-face meeting between senior U.S. and Taliban officials since the hardline group retook power in Afghanistan in August were “candid and professional”. But the U.S. side reiterated that the Taliban would be judged on its actions, not only […]
Why is Invesco entangled in a legal dispute with Indian TV giant Zee
October 10, 2021 By Abhirup Roy and Aditya Kalra NEW DELHI (Reuters) -India’s Zee Entertainment is locked in a legal battle with one of its biggest foreign investors, Invesco, after it called for ouster of the TV network’s CEO citing concerns around corporate governance. Zee has said it has tightened its governance processes. But the […]
Home from home: Mercedes-Benz doubles down on China
October 10, 2021 By Norihiko Shirouzu BEIJING/SHANGHAI (Reuters) – Mercedes-Benz, the German company founded by the inventors of the motor car, is pouring more resources into its cutting-edge research and design capabilities in China as the centre of gravity of the new auto world shifts eastwards. In a drive to create a “home away from […]
IMF board expected to decide Managing Director Georgieva’s fate on Monday
October 10, 2021 By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund’s executive board was meeting on Sunday with Managing Director Kristalina Georgieva and the law firm that claims she pressured World Bank staff to change data to favor China in her previous job, sources familiar with the matter said. The 24-member board plans […]
Analysis-Corporate business travel ‘carbon budgets’ loom for airlines
October 10, 2021 By Jamie Freed and Rajesh Kumar Singh SYDNEY/BOSTON (Reuters) – As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives and experts say. Several companies, such as HSBC, Zurich Insurance, Bain & […]
