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September 23, 2021 BRUSSELS (Reuters) -Software Volkswagen AG used to alter pollutant emissions based on the temperature and altitude is illegal unless it prevents potentially dangerous sudden damage to the engine, an adviser to the EU’s top court said on Thursday. The finding, if confirmed by the Court of Justice of the European Union (CJEU), […]

September 23, 2021 BUDAPEST (Reuters) -Central European leaders signed a joint declaration on Thursday saying immigration should not be the answer to the European Union’s declining birth rate, while calling on the bloc to keep family policy under national jurisdiction. The strong anti-immigrant stances taken by governments in central European countries such as Hungary – […]

September 23, 2021 MEXICO CITY (Reuters) – The possible inclusion of the United Kingdom in the USMCA trade pact, also known as TMEC in Spanish, needs consultation with all countries, Mexican President Andres Manuel Lopez Obrador said on Thursday. There was information that the United Kingdom was seeking to join the treaty, which also includes […]

September 23, 2021 WASHINGTON (Reuters) – The head of the World Trade Organization on Thursday said she sees “some potential” to reach an agreement on fisheries at a ministerial meeting in late November, but said there were still significant differences to overcome among members. Okonjo-Iweala told reporters in Washington she saw more momentum on the […]

September 23, 2021 (Reuters) -IT consulting firm Accenture on Thursday forecast first-quarter revenue above analysts’ estimates, expecting strong demand for its cloud and security services as companies delay return to offices due to the Delta variant. Shares of the Dublin, Ireland-based company, which has benefited from pandemic-related restrictions as more enterprises took their businesses online, […]

September 23, 2021 (Reuters) – Target Corp said on Thursday it plans to hire 100,000 seasonal workers this year, fewer than last year, to prepare for the holiday season at a time when the industry grapples with tight labor supply. The company said it will offer more work hours for its existing employees during the […]

September 23, 2021 By Sophie Yu and Brenda Goh SHANGHAI (Reuters) – KFC operator Yum China Holdings is focusing its store expansion efforts in China on smaller cities, as demand there has recovered from the pandemic much quicker than that in the country’s major centres, its chief executive said on Thursday. The owner of the […]

September 23, 2021 (Reuters) – The United States Olympic & Paralympic Committee on Wednesday said all U.S. athletes hoping to compete at the 2022 Beijing Winter Olympics will need to be vaccinated against COVID-19. “Effective Nov. 1, 2021, the U.S. Olympic & Paralympic Committee will require all USOPC staff, athletes and those utilizing USOPC facilities – […]

September 23, 2021 By Philip O’Connor STOCKHOLM (Reuters) – Norway, the most successful country in the history of the Winter Olympics, will not follow in the footsteps of the United States and insist that those travelling to the Beijing Games are vaccinated against COVID-19, a representative told Reuters. Sweden and Finland are likely to follow […]

September 23, 2021 By Alan Baldwin (Reuters) – Max Verstappen is under pressure as he fights for a first Formula One title but will not admit to it affecting him, seven times world champion Lewis Hamilton said on Thursday. The 23-year-old is five points clear of his Mercedes rival after 14 of 22 races but […]

September 23, 2021 ASTANA (Reuters) -Vincenzo Nibali has rejoined Astana–Premier Tech five years after leaving, the Kazakh team said on Thursday. Astana announced the 36-year-old’s arrival for the 2022 season with a number of cryptic posts on their social media channels before releasing a statement, but they have not said for how long the Italian […]

If you’ve ever had to take out a loan, you know just how many documents are involved in the approval process. It’s a lot. The process is tedious and time-consuming, and in many more cases than you’d expect — still manual. Ocrolus is a startup that is hoping to change that with an automation platform […]

September 23, 2021 By Huw Jones LONDON (Reuters) – Bank of England Deputy Governor Sam Woods said on Thursday he would front-run global rules if necessary to avoid Britain’s banks building up big exposures to cryptoassets that were not backed by sufficient capital. The global Basel Committee of banking regulators have begun work on capital […]

September 23, 2021 (Reuters) – China Evergrande Group’s electric vehicle unit has stopped paying its staff and factory suppliers, according to a Bloomberg News report on Thursday. (Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli) Source Link Evergrande’s EV unit has stopped paying staff, factory suppliers – Bloomberg News David Barret

September 23, 2021 WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits unexpectedly rose last week, though the labor market continues to steadily recover. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 351,000 for the week ended Sept. 18, the Labor Department said on Thursday. Ida, which […]

September 23, 2021 By Sujata Rao and Saikat Chatterjee LONDON (Reuters) – The dollar slipped off one-month highs on Thursday, undermined by a cheerier mood on world markets and hawkish messages from several central banks in Europe, as Norway became the first developed nation to raise rates amid a loosening of pandemic restrictions in many […]

September 23, 2021 By David Henry (Reuters) – Borrowers who apply for “buy now, pay later” or other point-of-sale financing tend not to pay down their credit card debts as much as the general population, credit reporting company TransUnion said on Thursday. The conclusion, from a new study, indicates that credit card lenders might not […]

September 23, 2021 By Josh Horwitz and David Kirton SUZHOU/SHENZHEN, China (Reuters) – At an eerily quiet construction site in eastern China’s Suzhou, worker Li Hongjun says property developer Evergrande’s debt crisis means he will soon run out of food. Christina Xie, who works in export in the bustling southern city of Shenzhen, fears Evergrande […]

September 23, 2021 BRAUNSCHWEIG (Reuters) – A former Volkswagen manager, who is on trial over the carmaker’s emissions-cheating scandal, blamed company culture on Thursday for his and others’ silence on the matter, but said he would have acted differently had he known the consequences. Hanno Jelden, who prosecutors said was in charge of the development […]

September 23, 2021 WASHINGTON (Reuters) -The rate of unruly airline passenger incidents has dropped sharply since regulators moved to impose fines in January but remains twice as high as last year, the Federal Aviation Administration said on Thursday. The incidents were occurring six times per 10,000 flights as of last week – a 50% drop […]