September 20, 2021 By Angelo Amante and Emily Roe SAN MARINO (Reuters) – One of Europe’s staunchest opponents to legal abortion could fall on Sunday when San Marino, a tiny and deeply Catholic republic landlocked in Italy, holds a referendum to overturn a law dating back to 1865. A “Yes” vote will bring some relief […]
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Syrian migrants allowed in by Merkel vote to choose her successor
September 20, 2021 By Riham Alkousaa BERLIN (Reuters) – Tarek Saad is keen to help other Syrian refugees who have fled the war in their homeland to make a new home in Germany and he sees the federal election on Sept. 26 as an opportunity to do just that. Saad is campaigning in his adopted […]
Parliament voting session on new Lebanon cabinet delayed by power cut
September 20, 2021 BEIRUT (Reuters) – A power cut forced a delay on Monday to the start of a Lebanese parliamentary session that is scheduled to discuss the new cabinet’s policy programme and hold a vote of confidence. Lebanon is battling one of the deepest depessions of modern times, with worsening fuel shortages translating into […]
Amazon starts probe over bribe to gov’t officials by its lawyers in India, report says
Amazon has launched an investigation into the conduct of its legal representatives in India following a complaint from a whistleblower who alleged that one or more of the company’s reps had bribed government officials, Indian news and analysis outlet the Morning Context reported on Monday. The company is investigating whether legal fees financed by it […]
Five killed in shooting at Russian university – law enforcement
September 20, 2021 MOSCOW (Reuters) -A student gunman opened fire at a university in the Russian city of Perm on Monday, killing five people and injuring six others, law enforcement authorities said. The gunman was detained shortly after the incident at Perm State University, located around 1,300 kilometres (800 miles) east of Moscow, a university […]
Australian trade min seeks French meeting, confident subs row won’t derail EU talks
September 20, 2021 By Colin Packham CANBERRA (Reuters) -Australian Trade Minister Dan Tehan said on Monday he will seek a meeting with his French counterpart to ease tensions over Canberra’s decision to scrap a $40 billion submarine deal. Australia last week said it would end the deal with France’s Naval Group to build a fleet […]
Rwanda court to rule on case of Rusesabagina, hero of ‘Hotel Rwanda’
September 20, 2021 By Clement Uwiringiyimana KIGALI (Reuters) – A Rwandan court is expected to rule on Monday in the case of Paul Rusesabagina, a one-time hotel manager portrayed as a hero in a Hollywood film about the 1994 genocide, later accused by Rwanda’s authorities of masterminding terrorism from exile. Rusesabagina, 67, denies all the […]
Thousands flee as lava spewing from volcano on Spain’s La Palma island destroys houses
September 20, 2021 LA PALMA, Spain (Reuters) – Authorities have evacuated about 5,000 people from villages in the Spanish Canary Island of La Palma as lava spews from an erupting volcano, local officials said. The 15-meter high lava flow has already swallowed 20 houses in the village of El Paso and sections of roads, Mayor […]
Take Five: Bring out the central bank heavies
September 20, 2021 1/CENTRALLY FOCUSED Several central banking big-hitters meet in coming days, with the U.S. Federal Reserve’s Sept. 21-22 meeting topping the must-watch list. The timing of the Fed’s U.S. tapering plans remains the key question and recent data suggests caution may be warranted: the U.S. economy created the fewest jobs in seven months […]
China to Wall Street: regulatory crackdown not aimed at restricting private firms
September 20, 2021 By Norihiko Shirouzu and Scott Murdoch BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week. The actions instead intend […]
U.S. opens probe into 30 million vehicles over air bag inflators
September 20, 2021 By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters on Sunday showed. The National Highway Traffic Safety Administration (NHTSA) on Friday opened an engineering […]
FloBiz raises $31 million to scale its neobank for small businesses in India
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India led the 18-month-old startup’s Series B financing round. Think Investments and existing […]
European shares slide 1% on global growth, taper worries
September 20, 2021 (Reuters) – European shares sank 1% to a near two-month low on Monday, tracking Asian equities lower, as investors feared major central banks would start giving cues about tapering their pandemic-era stimulus programmes at various meetings this week. The pan-European STOXX 600 index was down 1.4% by 0706 GMT, with energy and […]
Swedish budget gives boost for welfare, climate, jobs
September 20, 2021 STOCKHOLM (Reuters) – Sweden’s centre-left government said on Monday it would boost welfare spending by 23 billion Swedish crowns ($2.6 billion) next year in a budget aimed at reducing social inequality and shifting to a more sustainable economy after the pandemic. Sweden has bounced back from the COVID-19 pandemic quicker than most […]
N.Korea warns U.S. risks ‘dangerous nuclear arms race’ over Australia subs
September 20, 2021 By Hyonhee Shin SEOUL (Reuters) – North Korea warned on Monday that the United States risked a dangerous nuclear arms race by providing submarine technology to Australia, criticising its “double standards” and vowing counter-measures. Last week, the United States clinched a new trilateral security partnership involving Britain to provide technological aid to […]
Philippines to launch pilot plan to resume face-to-face learning
September 20, 2021 MANILA (Reuters) – Philippine President Rodrigo Duterte has approved the resumption of face-to-face classes in areas deemed low risk for COVID-19, with up to 120 schools to join a two-month pilot reopening run, his education minister said on Monday. The Philippines is among 17 countries globally where schools have been closed for […]
Golf-American DeChambeau wants to end dispute with Koepka, says coach
September 20, 2021 (Reuters) – American Bryson DeChambeau wants to end to his long-running feud with four-time major winner and U.S. team mate Brooks Koepka, his coach Mike Schy said. DeChambeau has been involved in public rows with Koepka for more than a year, with U.S. Ryder Cup captain Steve Stricker having to step in […]
Marketmind: Watch those spiralling gas prices
September 20, 2021 A look at the day ahead from Sujata Rao. A massive week in monetary policy, with some 16 central banks holding meetings and possibly the first rate hike from a developed nation — Norway. Not to say others will follow any time soon; the Federal Reserve for instance may strees its own […]
New Zealand eases COVID-19 curbs slightly in biggest city
September 20, 2021 WELLINGTON (Reuters) -New Zealand eased coronavirus curbs slightly on Monday in its largest city of Auckland, as the government expressed confidence that there was no widespread regional transmission of the Delta variant. But tough restrictions will continue even after midnight on Tuesday, when the alert level drops to 3 from 4 in […]
Exclusive: Investors call for governments to toughen climate accounting – letter
September 20, 2021 By Simon Jessop LONDON (Reuters) – Investors managing more than $2.5 trillion have called on governments to compel companies and auditors to file financial accounts aligned with the world’s net zero emissions target, a letter seen by Reuters showed. Writing to UK climate czar Alok Sharma ahead of the next round of […]