News

October 7, 2021 DUBLIN (Reuters) – Ireland expects to receive a revised text on a global corporate tax overhaul on Thursday after which it will announce whether or not it will sign up to the deal, Finance Minister Paschal Donohoe said. “Last night I had further engagement with the European Commission and the OECD (Organisation […]

October 7, 2021 (Reuters) – Seven times world champion Sebastien Ogier will continue to race for Toyota in selected rallies next year, with Finland’s Esapekka Lappi stepping up for those rounds the Frenchman misses. Ogier, 37, is ending his full-time world rally championship career at the end of 2021, a season that looks likely to […]

October 7, 2021 (Reuters) – Facebook Inc has slowed down the rollout of new products in recent days, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Executives at the social media company have also put a hold on some work on existing products, the report said. Facebook did not immediately […]

October 7, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bitcoin surged on Wednesday to its highest level in five months, as market sentiment continued to improve due in part to news a hedge fund controlled by billionaire investor George Soros trades bitcoin. Investors also expect a seasonal rally in cryptocurrencies this quarter. The world’s largest […]

October 7, 2021 By Tom Wilson LONDON (Reuters) -The advent of digital currencies in emerging markets could spark “cryptoization” of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday. Bitcoin and its kin have in the last year soared in price and popularity, with emerging […]

October 7, 2021 By Huw Jones LONDON (Reuters) – “Payment for order flow,” a practice critics say has fuelled bouts of frenzied retail share trading on Wall Street, should be banned in the European Union, France’s stock market regulator said on Thursday. In the United States, stockbrokers have touted for business among retail customers by […]

October 7, 2021 (Reuters) – Bitcoin rose 7.11% to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 98.9% from the year’s low of $27,734 on Jan. 4. Ether, the coin linked to the ethereum blockchain network, rose 2.15% to $3,591.72 on Wednesday, […]

October 7, 2021 DUESSELDORF (Reuters) – German utility Uniper, which is majority-owned by Finland’s Fortum, is planning far-reaching cut jobs, two people familiar with the matter said, adding that staff was currently being informed about the move. A labour source said that the cuts, which are expected to impact the energy firm’s engineering unit that […]

October 7, 2021 (Reuters) – Brooklyn Nets forward Kevin Durant said he still envisions Kyrie Irving playing a role for the team this season despite uncertainty over the seven-time All Star’s COVID-19 vaccination status. The season begins on Oct. 19 and unvaccinated players must comply with a long list of restrictions to play in games […]

October 7, 2021 LONDON (Reuters) – British companies have raised their inflation expectations for the year ahead, according to a survey for the Bank of England which is watching closely for signs that a recent jump in prices might prove longer-lasting than it has predicted. Year-ahead annual price inflation was expected to be 3.5% in […]

Rebel Foods, which operates a large network of dark kitchens in nearly a dozen markets, is the latest Indian startup to attain the unicorn status. The Bangalore-based startup said on Thursday it has raised $175 million in its Series F financing round that valued it at $1.4 billion, up from about $800 million last year. […]

October 7, 2021 CAIRO (Reuters) – The Egyptian government has launched a 3-year syndicated loan with green and Islamic finance components with the aim to raise $2 billion, Emirates NBD bank said in a statement on Thursday. Emirates NBD Capital Ltd and First Abu Dhabi Bank PJSC are mandated as the joint global coordinators, lead […]

October 7, 2021 LONDON (Reuters) – Spending on payment cards in Britain last week rose to 100% of its pre-pandemic level of February 2020, up from 95% a week earlier, data showed on Thursday. Separate figures from the Office for National Statistics showed output-per-hour worked, a measure of productivity in the economy, inched up by […]

October 7, 2021 By Stephanie Nebehay GENEVA (Reuters) – North Korea’s most vulnerable risk starvation after it slipped deeper into isolation during the COVID-19 pandemic and U.N. sanctions imposed for its nuclear and missile programmes should be eased, a U.N. rights investigator said in report seen by Reuters. The worsening humanitarian situation could turn into […]

October 7, 2021 By Andrew Osborn and Angelina Kazakova MOSCOW (Reuters) – Russian authorities said on Wednesday they had fired five senior prison officials and opened a slew of criminal investigations into alleged torture and sexual assaults at a jail in the Saratov region. The authorities acted after a prisoner rights group, Gulagu.net, began publishing […]

October 7, 2021 BERLIN (Reuters) – A former SS guard who is now 100 years old was due to go on trial in Germany on Thursday, charged with contributing to the deaths of more than 3,000 people in a Nazi concentration camp during World War Two. Prosecutors charged the man, a member of the Nazi […]

October 7, 2021 BERLIN (Reuters) – Germany’s Social Democrats (SPD) struck an upbeat tone before their first three-way talks with two smaller “kingmaker” parties on Thursday, aiming to move closer to leading a new government following an inconclusive national election. The Greens and business-friendly Free Democrats (FDP) agreed on Wednesday to enter the talks with […]

Making sure mental wellness is part of your routine can be difficult, especially if you are already busy and stressed. MindLabs wants to make it easier with a combination of on-demand or live video classes and community features. The company announced today it has raised a $3.5 million seed round, almost eleven months after its […]

October 7, 2021 OSLO (Reuters) – The Swedish and Norwegian currencies will gain ground versus the euro in the coming 12 months, likely hitting multi-year highs at a time of strong economic recovery in the Nordic region, a Reuters poll of analysts predicted. Sweden and Norway recently ended almost all remaining social restrictions amid a […]

October 7, 2021 MADRID (Reuters) – Ash from the erupting Cumbre Vieja volcano forced authorities in Spain’s La Palma to close the airport on the island on Thursday, Spanish air traffic operator Aena said. “The La Palma Airport is inoperative due to ash accumulation. The established protocols are being applied. Safety is the priority,” AENA […]