September 27, 2021 By Jon Nazca and Nacho Doce LA PALMA, Spain (Reuters) -A volcano on Spain’s La Palma island began ejecting lava again on Monday after a lull, while hundreds of people in coastal villages hunkered down in anticipation of lava emitted in previous days reaching the sea and releasing toxic gas. Spurts of […]
News
Lebanese PM to meet financial advisers Lazard soon over rescue plan
September 27, 2021 BEIRUT (Reuters) – Prime Minister Najib Mikati said on Monday he will meet with the advisory firm Lazard soon to see how a financial recovery plan it drafted for Lebanon could be developed into a “more realistic” vision for getting the country out of its crisis. Lebanon would be very lucky if […]
Soccer-Real frustrated at home by Villarreal
September 27, 2021 MADRID (Reuters) -Real Madrid missed the chance to go five points clear at the top of LaLiga as they were held 0-0 by Villarreal at the Bernabeu on Saturday. The result means Carlo Ancelotti’s side move onto 17 points, three above city rivals Atletico Madrid, who lost 1-0 away to Alaves earlier […]
Tennis-Barty withdraws from Indian Wells
September 27, 2021 (Reuters) – World number one Ash Barty has withdrawn from next month’s WTA 1000 tournament at Indian Wells, the tournament said on Monday, casting doubts on whether her 2021 season is over.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 […]
Mizuho unit will pay $1.5-million penalty for swap dealer compliance failures -CFTC
September 27, 2021 WASHINGTON (Reuters) – Mizuho Capital Markets LLC has agreed to pay $1.5 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges the firm failed to comply with certain swap dealer requirements from 2013 until at least April 2021, the agency said on Monday. The unit of Mizuho Bank agreed to pay […]
Citigroup appoints former U.S. Treasury official as general counsel – memo
September 27, 2021 (Reuters) – Citigroup Inc has named former U.S. Treasury official Brent McIntosh as its new general counsel and corporate secretary, Chief Executive Officer Jane Fraser wrote in a memo to employees on Monday. McIntosh, who will succeed Rohan Weerasinghe, will join the bank on Oct. 25. Weerasinghe, retiring after nearly a decade […]
Fed’s Kaplan to leave job Oct. 8, citing trading activities
September 27, 2021 (Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Monday said he will leave his job on Oct. 8 to eliminate any “distraction” to the central bank related to his personal investment activities. “The recent focus on my financial disclosure risks becoming a distraction to the Federal Reserve’s execution of that […]
Ready to taper or waiting for more data? Recent Fed officials’ comments
September 27, 2021 (Reuters) – The Federal Reserve has said it will start to reduce its bond purchases as soon as November if the economy continues on its current track. Some officials will watch the September jobs report, due Oct. 8, for a final bit of evidence that the labor market has achieved “substantial further […]
Two Fed officials retire amid scrutiny over investment trades
September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Two Federal Reserve officials that came under scrutiny for investment trades they made last year announced their retirements on Monday. Dallas Fed Bank President Robert Kaplan said on Monday afternoon that he will retire on Oct. 8, citing the “distraction” of the controversy that […]
Cryptocurrencies see sixth straight week of inflows, led by bitcoin -CoinShares data
September 27, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed on Monday. Inflows to the sector hit $95 million last week, led by investments […]
R. Kelly found guilty of racketeering in sex trafficking case
September 27, 2021 NEW YORK (Reuters) – R. Kelly was convicted by a federal jury on Monday of racketeering in his sex trafficking trial, where prosecutors accused the R&B singer of exploiting his stardom over a quarter-century to lure women and underage girls into his orbit for sex. Known for the 1996 Grammy-winning smash “I […]
Rolling Stones mark first tour without Charlie Watts with video tribute
September 27, 2021 (Reuters) – The Rolling Stones kicked off the U.S. leg of their “No Filter” tour on Sunday with a video tribute to their late drummer Charlie Watts. The veteran British band, on their first tour since 1963 without Watts, displayed photos and video of him on huge projections at the St. Louis, […]
Tony Awards ceremony slumps to 2.6 million low on television
September 27, 2021 LOS ANGELES (Reuters) – The television audience for Sunday’s Tony Awards for theater slumped to a new low despite a star-studded cast that promoted Broadway’s return after an 18-month shutdown due to the coronavirus pandemic. Broadcaster CBS said on Monday that just 2.6 million Americans tuned in for the two-hour special, which […]
Chile to lift state of emergency as vaccines beat back COVID infections
September 27, 2021 SANTIAGO (Reuters) – Chilean authorities announced on Monday the end of a state of emergency in force since the start of the coronavirus pandemic, a sign of life returning to normal following a sharp decrease in cases in the South American nation. The state of emergency, an extraordinary administrative measure approved by […]
Soccer-Guedes double against old club gives Corinthians derby win
September 27, 2021 SAO PAULO (Reuters) – Roger Guedes scored twice against his old club as Corinthians beat Palmeiras 2-1 in a tense Sao Paulo derby in Brazil’s Serie A on Saturday. Guedes volleyed the opening goal after 20 minutes but Gabriel Menino equalised on the stroke of half time when his low shot hit […]
Soccer-Kenya’s Wanyama announces international retirement
September 27, 2021 (Reuters) – Kenya midfielder Victor Wanyama announced his retirement from international soccer on Monday. The former Tottenham Hotspur, Southampton and Celtic midfielder played 52 times for Kenya and scored seven goals, captaining the team at the 2019 Africa Cup of Nations where they were eliminated in the group stage. The 30-year-old, who […]
U.S. to open program to replace Huawei equipment in U.S. networks
September 27, 2021 WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) on Monday said it would open a $1.9 billion program to reimburse mostly rural U.S. telecom carriers for removing network equipment made by Chinese companies deemed national security threats like Huawei and ZTE Corp. The program, which was finalized in July, will open […]
Rising Treasury yields hit tech stocks; oil at 3-year highs
September 27, 2021 By Matt Scuffham NEW YORK (Reuters) – U.S. government borrowing costs advanced for a sixth week on Monday, hurting tech stocks, on bets that higher interest rates were on the way, while energy shares rose as oil prices hit three-year highs. An easing in Sino-U.S. tensions and Chinese authorities’ decision to pump […]
Wall Street pivots to value as Treasury yields rise
September 27, 2021 By Stephen Culp NEW YORK (Reuters) – Wall Street began the last week of September and the quarter with investors backing value over growth on Monday as tech shares, hurt by rising Treasury yields, weighed on the broader market. Of the three major U.S. stock indexes, the blue-chip Dow Jones Industrial Average […]
Competition, chips, AI on table at first U.S.-EU trade and tech meet
September 27, 2021 By Nandita Bose and David Lawder WASHINGTON (Reuters) – The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week, senior U.S. administration officials said on Monday. On Thursday, Reuters was first to report the […]