News

September 27, 2021 WASHINGTON (Reuters) – Federal Reserve Governor Lael Brainard said Monday the U.S. had fallen behind its peer central banks in building the risks of climate change into the supervision of banks, highlighting a potentially core priority should she be promoted to vice chair of supervision at the Fed or even to the […]

September 27, 2021 By Richard Cowan and David Morgan WASHINGTON (Reuters) -The Democrats who control the U.S. Senate were bracing for a likely loss on Monday in a vote on a bill to fund the federal government and lift the nation’s debt ceiling, as President Joe Biden’s party fought over the details of his sweeping […]

September 27, 2021 WASHINGTON (Reuters) – Chinese President Xi Jinping raised with President Joe Biden in their recent phone call the case of Huawei CFO Meng Wanzhou, who just reached an agreement to end the bank fraud case against her, the White House said on Monday. White House spokeswoman Jen Psaki said Biden brought up […]

September 27, 2021 Aaron Judge hit a go-ahead two-run double in the eighth inning as the New York Yankees completed a three-game sweep of the host Boston Red Sox with a 6-3 win Sunday that broke a tie for the top American League wild-card spot. Judge was given new life after foul-tipping a 1-2 fastball […]

September 27, 2021 TOKYO (Reuters) – Japan’s top-ranked sumo wrestler Hakuho, who holds a record 45 tournament wins, intends to retire after struggling with injuries in recent years, NHK public television reported on Monday. Hakuho, 36, made his sumo debut in 2001 and fought his way up to the top rank of yokuzuna in May […]

September 27, 2021 FRANKFURT (Reuters) – Lending to euro zone companies slowed further last month, European Central Bank data showed on Monday, extending its steady downward trend and likely raising concern among policymakers about banks’ reluctance to extend credit. Lending growth to firms eased to 1.5% in August from 1.7% in July, even as the […]

September 27, 2021 By Riham Alkousaa and Matthias Inverardi BERLIN (Reuters) -A majority of voters in Berlin wants city hall to expropriate major landlords such as Vonovia and Deutsche Wohnen to help reduce rents in the German capital, provisional referendum results showed on Monday. Around 56% cast a ballot in favour of the non-binding initiative, […]

September 27, 2021 By Koustav Samanta, Roslan Khasawneh and Florence Tan SINGAPORE (Reuters) -Global oil demand is expected to reach pre-pandemic levels by early next year as the economy recovers, although spare refining capacity could weigh on the outlook, producers and traders said at an industry conference on Monday. The outlook is in line with […]

September 27, 2021 MILAN (Reuters) – Telecom Italia (TIM) will keep some of its offices closed as nearly 60% of the employees at Italy’s biggest phone company plan to continue working from home until Dec. 31, a union document showed. Companies and governments around the world are figuring out how to manage the return of […]

September 27, 2021 By Leika Kihara TOKYO (Reuters) -The Bank of Japan will continue to focus on cushioning the economic blow from the coronavirus pandemic, given lingering uncertainty over the outlook and subdued inflation, Governor Haruhiko Kuroda said on Monday. Corporate funding remains severe for retailers hit by the health crisis, Kuroda said, signalling the […]

September 27, 2021 By Karl Plume (Reuters) – U.S. soybean exports jumped to a six-month peak last week while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted by Hurricane Ida nearly a month ago, preliminary data showed on Monday. The export pace, however, was still […]

September 27, 2021 BANGKOK (Reuters) – Thailand’s economy is still expected to grow 1.3% this year and the government is maintaining a target of 4-5% growth next year as it makes a push to revive a struggling economy through support measures, the finance minister said on Monday. The Southeast Asian country’s worst coronavirus outbreak to […]

Mobile spyware is one of the most invasive and targeted kinds of unregulated surveillance, since it can be used to track where you go, who you see and what you talk about. And because of its stealthy nature, mobile spyware can be nearly impossible to detect. But now one Y Combinator-backed startup is building an […]

September 27, 2021 By Stephen Nellis (Reuters) – Intel Corp on Friday broke ground on two new factories in Arizona as part of its turnaround plan to become a major manufacturer of chips for outside customers. The $20 billion plants – dubbed Fab 52 and Fab 62 – will bring the total number of Intel […]

September 27, 2021 By Shilpa Jamkhandikar and Sankalp Phartiyal MUMBAI (Reuters) – A merger of India’s Zee and a domestic unit of Japan’s Sony Group Corp will create a television powerhouse to grab more advertising revenue, challenging top rival Walt Disney Co in a key growth market, industry officials said. The Sony-Zee alliance, with about […]

September 27, 2021 By Karen Freifeld, Kenneth Li, Moira Warburton and David Ljunggren (Reuters) -Huawei Chief Financial Officer Meng Wanzhou flew home to China on Friday after reaching an agreement with U.S. prosecutors to end the bank fraud case against her, relieving a point of tension between China and the United States. Within hours of […]

September 27, 2021 WASHINGTON (Reuters) – U.S. Senator Marco Rubio said on Saturday the release of Huawei’s finance chief raised serious questions about President Joe Biden’s ability to confront the threat posed by the technology giant and the Chinese Communist Party. Rubio, in a text message to Reuters, called on the Biden Administration to brief […]

September 27, 2021 By David Kirton and David Stanway SHENZHEN, China/TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China […]

September 27, 2021 BEIJING (Reuters) – Tesla Inc’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said. The factory makes the electric Model 3 sedans and Model Y […]

September 27, 2021 WUZHEN, China (Reuters) – Chinese technology executives, facing a crackdown (https://ift.tt/3hrLsrH) by the authorities, pledged support on Sunday for Beijing’s “common prosperity” drive and to help smaller companies. Alibaba Group CEO Daniel Zhang, a prime target (https://ift.tt/3m2Mc7N) of the broad crackdown, told a conference organised by China’s top internet regulator that his […]