News

September 28, 2021 By Karen Freifeld (Reuters) – The admission by Huawei’s chief financial officer that she misled a bank about the company’s business dealings in Iran likely won’t help the United States as it continues to prosecute Huawei for the same charges. While Meng Wanzhou’s admissions last week https://ift.tt/2W88hJg go to the heart of […]

September 28, 2021 LONDON (Reuters) – Citi on Tuesday trimmed its China growth forecast for next year to 4.9% from 5.5%, citing expected spillover from the woes of embattled property giant Evergrande, and predicted policy makers would deliver more interest rate reductions. “The balancing between moral hazard risks and contagion risks points towards a managed […]

September 28, 2021 BEIJING (Reuters) – China’s factory activity likely grew only slightly in September, a Reuters poll showed on Tuesday, as high raw material prices and power cuts continued to pressure manufacturers in the world’s second largest economy. The official manufacturing Purchasing Manager’s Index (PMI)is expected to stay at 50.1 in September, the same […]

September 28, 2021 By Joseph Ax and James Oliphant WASHINGTON (Reuters) – Almost a year after President Joe Biden trounced Donald Trump in Virginia, the state’s unexpectedly tight race for governor has alarmed Democrats and left Republicans hopeful they can win back crucial suburban voters who left the party during Trump’s tumultuous presidency. With early […]

September 28, 2021 TAIPEI (Reuters) – The Taiwan dollar’s exchange rate with the U.S. dollar has been stable this year without large fluctuations, Taiwan’s central bank said on Tuesday, adding it had intervened in the market this year but at a more modest rate than last year. The strength of the currency has been a […]

September 28, 2021 LONDON (Reuters) – Social media firms must do more to stop advertising “dodgy financial promotions” that fuel a surge in fraud, Britain’s Financial Conduct Authority said on Tuesday. “We are putting them on notice that we expect them to be involved in the process of protecting the community,” the FCA’s head of […]

September 28, 2021 By Liz Hampton DENVER (Reuters) – Tallgrass Energy Partners will begin monitoring emissions, including methane and other greenhouse gases, on its Rockies Express Pipeline, making it the first U.S. company to measure and certify the environmental impact of operations on an interstate natural gas pipeline. Natural gas producers, transporters and utilities are […]

September 28, 2021 By Supantha Mukherjee and Terje Solsvik STOCKHOLM/OSLO (Reuters) – SoftBank-backed robotics firm AutoStore said on Tuesday it seeks to raise $315 million by listing on the Oslo Bourse for an initial public offering (IPO) at a valuation that could make it Norway’s largest stock launch in two decades. In April, SoftBank bought […]

September 28, 2021 (Reuters) – Nick Kyrgios said on Tuesday he will undergo treatment to fix a painful knee that has been bothering him for two months and hopes to be fully fit for his home major at the Australian Open in January. The mercurial Australian, 26, headed home after playing the Laver Cup in […]

September 28, 2021 (Reuters) – World number one Ash Barty has withdrawn from next month’s WTA 1000 tournament at Indian Wells, the tournament said on Monday, casting doubts on whether her 2021 season is over. Wimbledon champion Barty last played at the U.S. Open where she was knocked out in the third round. Barty’s withdrawal […]

September 28, 2021 By Nia Williams and Rod Nickel CALGARY, Alberta (Reuters) – Premier Jason Kenney promised Albertans the “best summer ever” when he lifted most COVID-19 public health restrictions on July 1, but a surge in infections has overwhelmed the province’s hospitals and left him fighting to save his political career. The western Canadian […]

September 28, 2021 MADRID (Reuters) – The Bank of Spain will have to update its latest economic forecasts following the sharp downward revision by the Spanish statistics institute, the central bank governor Pablo Hernandez de Cos said on Tuesday. Spain’s second quarter gross domestic growth was revised to 1.1% down from an original 2.8%, official […]

September 28, 2021 BEIJING (Reuters) – China’s central bank governor Yi Gang said China will extend the maintenance of normal monetary policy for as long as possible, and that the yield curve can also maintain a normal and upward sloping shape. China’s potential economic growth rate is still expected to remain in the range of […]

September 28, 2021 DUBAI (Reuters) – S&P Global Ratings on Tuesday affirmed Saudi Arabia’s A- (minus) credit rating with a stable outlook, expecting a rebound in growth through 2024 driven by higher oil prices, eased OPEC production quotas and a large vaccine rollout in the kingdom. After the COVID-19 pandemic weighed on the economy, Saudi […]

September 28, 2021 By Simon Evans MANCHESTER, England (Reuters) – UEFA has requested that the Madrid court judge presiding over the European Super League case recuse himself and has also filed an appeal with a higher court in the Spanish capital regarding what it called “significant irregularities”. On Monday, UEFA said it had nullified disciplinary […]

September 28, 2021 LONDON (Reuters) – Christmas 2021 will be disappointing for millions of British households unless the government extends a new visa scheme to allow foreign truck drivers into the country, the retail industry’s lobby group said on Tuesday. “Christmas is about more than just food, so to avoid disappointment for millions of households […]

September 28, 2021 TBILISI (Reuters) – Mikheil Saakashvili, the former president of Georgia, late on Monday announced plans to fly home on the day local elections are held this week in order to help “save the country” and called for post-election street protests. Saakashvili, who is based in Ukraine, said he planned to fly back […]

September 28, 2021 BAGHDAD (Reuters) – Iraq holds a general election on Oct. 10, its fifth parliamentary vote since the U.S.-led invasion that toppled Saddam Hussein in 2003 and ushered in a complex multi-party system contested by groups defined largely by sect or ethnicity. The vote had been set for next year but was brought […]

September 28, 2021 By Sakura Murakami and Elaine Lies TOKYO (Reuters) – LGBTQ rights activists are hoping that Japan may finally allow same-sex marriage if Taro Kono, who has publicly supported gay marriage, becomes the country’s next prime minister, but change will not come easily. Kono is seen as the leading contender to win the […]

September 28, 2021 By John Irish PARIS (Reuters) – Europe needs to stop being naive when it comes to defending its interests and build its own military capacity, French President Emmanuel Macron said on Tuesday after Greece sealed a deal for French frigates worth about 3 billion euros ($3.51 billion). France was plunged into an […]