September 29, 2021 PARIS (Reuters) – The French government could present new measures to tackle rising energy bills in the coming days, government spokesman Gabriel Attal said on Wednesday. Energy prices have been rising sharply around the world over the last few months, adding to inflationary pressures and threatening to dent consumers’ confidence. On Monday, […]
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Putin says Turkey safe from gas crisis thanks to TurkStream pipeline
September 29, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin told his Turkish counterpart Tayyip Erdogan on Wednesday that Turkey is shielded from a gas crisis, which has gripped Europe, thanks to the Russian-built TurkStream gas pipeline. Speaking at the start of talks with Erdogan in the Russian Black Sea resort of Sochi, Putin also […]
France accuses Britain of holding fishermen “hostage” for political gain
September 29, 2021 LONDON/PARIS (Reuters) – France accused Britain of playing politics with post-Brexit fishing rights on Wednesday after London and the Channel Island of Jersey refused dozens of French fishing boats licences to operate in their territorial waters. Britain said it was open to further discussion with the boats it had rejected, adding that […]
Employee leave startup Cocoon launches after raising $20M in new funding
Employee leave benefits are a complicated web of company and government policies, and Cocoon is out to bring clarity and simplicity to both the employer and employee experience. The platform launched Wednesday across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement. It factors in all […]
Russian authorities arrest cybersecurity giant Group-IB’s CEO on treason charges
Russian authorities have arrested and detained Ilya Sachkov, the co-founder and chief executive of Group-IB — one of the biggest cybersecurity companies in the country — on charges of treason. Details about Sachkov’s detention remain unclear but it was reported by Russian media as authorities searched the company’s offices, reports Reuters. State news agency Tass […]
Energy costs push Spain’s inflation to 13-year-high
September 29, 2021 By Aida Pelaez-Fernandez and Inti Landauro MADRID (Reuters) -Spain’s inflation surged to a 13-year-high in September as consumer prices rose a higher than expected 4% year-on-year, official data showed on Wednesday, adding pressure on the European Central Bank to potentially tighten its policy. The highest reading since September 2008, when the rate […]
Delivery times for iPhone 13 stretch as COVID-19 hits Vietnam suppliers – Nikkei
September 29, 2021 (Reuters) -Buyers of Apple’s new iPhone 13 face longer-than-expected delivery times because of a wave of COVID-19 infections in Vietnam, where components for the device’s new camera module are assembled, Nikkei Asia said. The disruption, which could ease as soon as mid-October, is linked to a constriction in supplies of modules for […]
Russia threatens YouTube block after RT TV’s German channels are deleted
September 29, 2021 MOSCOW (Reuters) -Russia threatened on Wednesday to block Alphabet Inc.’s YouTube after Russian state-backed broadcaster RT’s German-language channels were deleted, and said it was considering retaliating against German media. YouTube said on Tuesday that RT’s channels had breached its COVID-19 misinformation policy, a move Russia’s Foreign Ministry described as “unprecedented information aggression”. […]
Nasdaq futures up 1% as tech stocks rebound
September 29, 2021 By Devik Jain (Reuters) – Nasdaq futures jumped 1% on Wednesday as technology stocks led a rebound after concerns about inflation and rising Treasury yields drove one of Wall Street’s worst selloff of this year. Shares of heavyweights Amazon.com Inc, Facebook Inc, Microsoft Corp, Apple and Google-parent Alphabet Inc rose between 1% […]
Norway’s Socialists pull out of talks to form majority government
September 29, 2021 (Corrects her to his in 3rd paragraph) OSLO (Reuters) -Norway’s Socialist Left Party said on Wednesday it had pulled out of talks to form a majority coalition government following this month’s election, a move likely to lead to the formation of a minority centre-left administration. Labour, the Centre Party and the Socialists […]
Experts tip Tsikhanouskaya, Thunberg or reporters for Nobel Peace Prize
September 29, 2021 By Gwladys Fouche OSLO (Reuters) – This year’s Nobel Peace Prize could go to exiled Belarusian dissident Sviatlana Tsikhanouskaya, climate activist Greta Thunberg, or a media watchdog such as Reporters without Borders (RSF), Norwegian experts on the prize said on Wednesday. The winner of the $1 million prize, arguably the world’s top […]
China seeks to quell power crunch fears, as coal prices soar, winter nears
September 29, 2021 By Gabriel Crossley and Shivani Singh SHENYANG, China (Reuters) – China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s no. 2 economy grapple with power cuts that have crippled industrial output. The order, handed down from […]
French politician: fishermen could block Channel Tunnel in Brexit license dispute
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 […]
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 […]