September 27, 2021 SAN SEBASTIAN (Reuters) – Women were the big winners at the final night of the San Sebastian Film Festival on Saturday, which saw American actress Jessica Chastain share the top acting prize with 16-year-old Danish actress Flora Ofelia Hofmann Lindahl. Romanian movie “Blue Moon” took the Golden Shell for best film at […]
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NY Fed’s Williams says tapering of asset purchases may soon be warranted
September 27, 2021 By Jonnelle Marte (Reuters) – The Federal Reserve may soon start to reduce the pace of its asset purchases if the economy continues to improve as expected, New York Federal Reserve Bank President John Williams said on Monday. It is clear there has been “substantial further progress” toward the Fed’s goal for […]
Factbox-Key winners at the Tony Awards
September 27, 2021 (Reuters) – The Tony Awards for Broadway theatre were handed out in New York on Sunday after a delay of more than a year caused by the coronavirus pandemic. Following is a list of winners in key categories. BEST PLAY “The Inheritance” BEST MUSICAL “Moulin Rouge! The Musical BEST REVIVAL OF A […]
CFTC orders Citigroup to pay $1 million over swap reporting violations
September 27, 2021 WASHINGTON (Reuters) – The Commodity Futures Trading Commission (CFTC) on Monday said Citigroup had agreed to pay $1 million to settle charges it violated swap data reporting rules and supervision rules, and breached a previous CFTC settlement agreed in 2017. That 2017 order found Citigroup’s broker-dealer failed to report certain swap data, […]
‘No Time to Die’ breathes fresh life into UK cinema chains
September 27, 2021 By Muvija M (Reuters) – Advance ticket sales for the latest James Bond movie at UK-based cinema chains Odeon and Cineworld were at levels last seen in 2019, setting it up to be the biggest opening since the pandemic gripped the industry. Odeon said on Monday it has sold more than 175,000 […]
Hamilton can add 20 more wins to his record 100, says Brawn
September 27, 2021 By Alan Baldwin LONDON (Reuters) – Lewis Hamilton could stretch his record tally of race wins to 120 after becoming the first Formula One driver to reach a century, the sport’s managing director Ross Brawn said on Monday. The seven-times world champion, who will turn 37 in January, has two more seasons […]
Deutsche Boerse says relocation of euro clearing from London inevitable
September 27, 2021 By Huw Jones LONDON (Reuters) – Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance on Britain after Brexit is feasible, a senior Deutsche Boerse official said on Monday. The European Union is due to decide by year-end on how to shift clearing in euro denominated […]
Explainer-What are Congress’ options for funding the gov’t and raising the debt limit?
September 27, 2021 By Richard Cowan WASHINGTON (Reuters) – The U.S. Congress faces a pair of approaching deadlines to fund the government and address the nation’s $28.4 trillion debt ceiling that will require tricky maneuvering by President Joe Biden’s Democrats over the next few weeks. First up is the Sept. 30 deadline to continue funding […]
FedEx investors OK CEO pay, proposals on lobbying and “golden parachutes”
September 27, 2021 By Jessica DiNapoli NEW YORK (Reuters) -FedEx Corp investors approved billionaire Chief Executive Fred Smith’s $54 million pay plan on Monday at the delivery company’s annual meeting, but rebuffed the corporate board’s recommendations on shareholder proposals on lobbying and outsize executive severance packages. Investors approved by more than 50% non-binding proposals for […]
Pelosi sets Thursday vote on passage of $1 trillion infrastructure bill
September 27, 2021 WASHINGTON (Reuters) – U.S. Speaker of the House of Representatives Nancy Pelosi said on Sunday the chamber will vote on passage of the $1 trillion infrastructure bill on Thursday. “Tomorrow, September 27, we will begin debate on the Bipartisan Infrastructure Framework on the Floor of the House and vote on it on […]
Texas governor defends upcoming 2020 election audits that Trump demanded
September 27, 2021 (Corrects paragraph 6 to show it’s the Texas Secretary of State’s office, not Attorney General Ken Paxton, who ordered the audits. Drops reference to Paxton in paragraph 7) By Brad Brooks (Reuters) -Texas Governor Greg Abbott on Sunday defended his state’s upcoming audit of 2020 presidential election results in four counties, action […]
Google, in fight against record EU fine, slams regulators for ignoring Apple
September 27, 2021 By Foo Yun Chee LUXEMBOURG (Reuters) -Alphabet unit Google on Monday blasted EU antitrust regulators for ignoring rival Apple as it launched a bid to get Europe’s second-highest court to annul a record 4.34-billion euro ($5.1 billion) fine related to its Android operating system. Far from holding back rivals and harming users, […]
Pelosi sets Thursday vote on infrastructure, eyes smaller social spending bill
September 27, 2021 By Humeyra Pamuk WASHINGTON (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Sunday set a vote on the $1 trillion bipartisan infrastructure bill for Thursday and voiced confidence it would pass. Debate on the legislation, which passed the Senate with Democratic and Republican support on Aug. 10 and would help fund […]
Explainer-What happens when the U.S. federal government shuts down?
September 27, 2021 By Jason Lange WASHINGTON (Reuters) – Washington is racing to avert a partial government shutdown that could lead to furloughs for hundreds of thousands of federal workers in the middle of a national health crisis. Barring a still-elusive political deal, funding for most federal agencies will expire at midnight on Thursday. Many […]
Funds exposed to China Evergrande stocks and bonds
September 27, 2021 (Reuters) – Sharp falls in the stocks and bonds of China Evergrande Group have raised the spectre of losses for global asset managers with exposure to the embattled property developer. The below graphics show the exposure of asset managers to the Chinese firms stocks and bonds and how they have performed. On […]
Five days left to save $100 on passes to TC Sessions: SaaS 2021
We’re in countdown mode, folks. With just one month to go before TC Sessions: SaaS 2021, the early-bird pass is living on borrowed time — five days to be precise. Take advantage of full event access at a discount price. Buy your pass before the sale expires on October 1 at 11:59 pm (PT) and […]
TikTok reached 1 billion monthly active users
TikTok announced in a blog post today that 1 billion people use TikTok every month. That means that on this big rock in space that we call home, about one in seven-and-a-half people are regularly watching short-form videos of dancing, dangerous “milk crate challenges” and even actual educational content. For context, Facebook said that in […]
Mali could delay post-coup elections, interim PM says
September 27, 2021 DAKAR (Reuters) – Mali could push back presidential and legislative elections from late February to avoid their validity being contested, its prime minister handling a post-coup transition said. Mali’s progress back to democracy following the August 2020 overthrow of President Ibrahim Boubacar Keita is being closely monitored in a region that has […]
Israel’s Bennett meets UAE, Bahrain ministers ahead of UN address
September 27, 2021 By Rami Ayyub JERUSALEM (Reuters) – Israeli Prime Minister Naftali Bennett met senior ministers from the United Arab Emirates and Bahrain in New York on Sunday, his office said, ahead of an address to the United Nations in which he is expected to urge action against Iran’s nuclear programme. Israel has trumpeted […]
Tunisia’s political crisis threatens to deepen economic troubles
September 27, 2021 By Tarek Amara TUNIS (Reuters) – Nurse Amira Souissi celebrated when Tunisian President Kais Saied seized near total power in July promising to battle corruption, contain prices and boost state finances. But the mother of four is now losing patience with what some Tunisians see as his lack of an economic gameplan, […]