September 29, 2021 PARIS (Reuters) – French fishermen could block the Channel Tunnel linking France and the United Kingdom in protest over the allocation of post-Brexit fishing licences, warned French member of parliament Jean-Pierre Pont on Wednesday. “Be warned,” said Pont, who is a member of parliament for President Emmanuel Macron’s ruling La Republique en […]
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Evoking WW2, EU Commission chief urges Kosovo-Serbia reconciliation
September 29, 2021 PRISTINA (Reuters) – The European Union’s chief executive urged Kosovo and Serbia on Wednesday to overcome a mounting border dispute and recommit to mediated talks in Brussels, saying that as a German national she understood the challenges of reconciliation after conflict. NATO troops stepped up patrols in Kosovo on Monday near border […]
Volkswagen cuts working hours at German site until mid-October
September 29, 2021 FRANKFURT (Reuters) – Volkswagen, which is suffering from an ongoing shortage of automotive chips, will cut working hours at its main German factory in Wolfsburg until the middle of October, it said on Wednesday. The shortened working hours affect the first two weeks of October, the company said, adding that on Oct. […]
Britney Spears case back in court with dad’s role on the line
September 29, 2021 By Jill Serjeant and Lisa Richwine LOS ANGELES (Reuters) – The Britney Spears case returns to court on Wednesday after a summer of surprise turns, shocking allegations, an engagement and mounting expectations that the 13-year-old legal arrangement that controls the singer’s life will soon end. After years of glacial progress, the past […]
Exclusive-UniCredit working with AMCO to offload risk on 11.8 billion euros of MPS loans -sources
September 29, 2021 By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s UniCredit is working on a scheme to offload risks on 11.8 billion euros ($14 billion) of Monte dei Paschi loans deemed in danger of turning sour as it discusses a possible acquisition of the state-owned rival, three sources close to the matter […]
Russia’s Putin and Turkey’s Erdogan hold Syria, defence talks
September 29, 2021 MOSCOW (Reuters) – The presidents of Russia and Turkey on Wednesday began talks on curbing renewed violence in northwest Syria and on possibly expanding Moscow’s sales of military defence systems to Ankara despite U.S. objections. The talks are taking place in the Russian Black Sea resort of Sochi and the Kremlin said […]
Google tells EU court payments to phone makers gave Android a chance against Apple
September 29, 2021 By Foo Yun Chee LUXEMBOURG (Reuters) – Payments to phone makers to pre-install only Google Search on their devices were not aimed at preventing competition but were necessary for Android to seize market share from Apple, Alphabet’s Google told Europe’s second-top court on Wednesday. Google was addressing the General Court on the […]
Air France-KLM eyes capital options, U.S. bookings surge
September 29, 2021 By Tim Hepher PARIS (Reuters) – Air France-KLM is looking at raising fresh funds soon after completing a share issue earlier this year, bolstered by a positive trend in bookings since the United States announced a reopening to Europeans, its chief executive said on Wednesday. “We did at our annual general meeting […]
Luxury carmaker Rolls-Royce to switch to all electric range by 2030
September 29, 2021 BERLIN (Reuters) – Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover. The BMW-owned brand said in a statement that its first fully electric powered car, named ‘Spectre’, will be on the […]
UK retail’s 100 million stg man – Frasers investors back next CEO’s bonus scheme
September 29, 2021 By James Davey LONDON (Reuters) -Shareholders in British sportswear retailer Frasers Group on Wednesday backed a new executive share scheme which could earn chief executive designate Michael Murray 100 million pounds ($137 million). Frasers, which was formerly called Sports Direct and is controlled by founder Mike Ashley, said last month that Murray […]
Luxury carmaker Rolls-Royce to switch to all electric range by 2030
September 29, 2021 BERLIN (Reuters) – Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover. The BMW-owned brand said in a statement that its first fully electric powered car, named ‘Spectre’, will be on the […]
New U.S. SEC rules to call on hedge funds, endowments to disclose votes
September 29, 2021 By Katanga Johnson and Ross Kerber WASHINGTON/BOSTON (Reuters) – The top U.S. securities regulator on Wednesday will propose requiring large hedge funds and endowments to disclose how they vote on executive pay, bringing this clutch of influential investors in line with other top funds that have made their pay votes public for […]
Dollar at 2021 highs even as U.S. government shutdown looms
September 29, 2021 By Iain Withers LONDON (Reuters) -The dollar was flying high on Wednesday and hit a 2021 peak against rival currencies even though arguing in Washington over the U.S. debt ceiling threatened to plunge the government into a shutdown. The greenback – the world’s reserve currency seen as a safe haven bet at […]
Gender equality in Japan? Ruling party race shows female PM is still a way off
September 29, 2021 By Elaine Lies TOKYO (Reuters) – The secretaries handing out ballots as Japan’s ruling party chose the next prime minister on Wednesday were all women. The power brokers and lawmakers doing the voting were overwhelmingly men. For the first time ever, two women stood in the race to become leader of the […]
Myanmar currency drops 60% in weeks as economy tanks since February coup
September 29, 2021 (Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago. Many gold shops and money exchanges closed on Wednesday due to the turmoil, while the kyat’s […]
UK denies fishing permits to three-quarters of small French boats
September 29, 2021 LONDON (Reuters) – France accused Britain of playing politics with post-Brexit fishing rights on Wednesday after London granted licenses to fish in its territorial waters to only 12 small French boats out of 47 applications. Britain said it was open to further discussion with the boats it had rejected, adding that they […]
Mission accomplished: critics praise Bond film ‘No Time To Die’
September 29, 2021 By Marie-Louise Gumuchian LONDON (Reuters) – James Bond film “No Time To Die” may be debuting 18 months later due to the COVID-19 pandemic, but most critics said it was worth the wait. Reviews lavished praise on Daniel Craig’s fifth and last outing after a 15-year tenure as the suave British […]
Belarus opposition says man killed in shootout was IT worker
September 29, 2021 By Natalia Zinets and Matthias Williams (Reuters) -Belarusian security forces shot dead a 31-year-old man, identified by the pro-democracy opposition as an IT worker with U.S. company EPAM Systems, during a raid on Tuesday at an apartment block in the capital Minsk. The man had opened fire against the security forces, one […]
AUKUS pact no threat to Indo-Pacific stability, U.S. envoy says
September 29, 2021 By Stanley Widianto JAKARTA (Reuters) – A defence pact between Australia, the United States and Britain is no threat to Indo-Pacific stability and is not aimed at any one country, a U.S. envoy said on Wednesday, amid concern in a region where China’s influence is on the rise. Indonesia is worried that […]
Tunisia leader picks first woman as PM at moment of crisis
September 29, 2021 TUNIS (Reuters) -Tunisian President Kais Saied named Najla Bouden Romdhane, a little-known university engineer with World Bank experience, as prime minister on Wednesday nearly two months after he seized most powers in a move his foes call a coup. Romdhane, Tunisia’s first woman prime minister, will take office at a moment of […]