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October 4, 2021 TOKYO (Reuters) – Fumio Kishida was officially elected as Japan’s 100th prime minister on Monday after winning a majority of votes in both houses of parliament. The new cabinet members under Kishida, who succeeds Yoshihide Suga, are due to be announced later in the day. (Reporting by Chang-Ran Kim) Source Link Fumio […]

October 4, 2021 By Jane Lanhee Lee and Nia Williams (Reuters) – What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2), locking up the planet warming gas. And tech startups behind these transformations are grabbing investor attention. Some use bacteria. […]

October 4, 2021 STOCKHOLM (Reuters) – Swedish artist Lars Vilks, who stirred worldwide controversy in 2007 with drawings depicting the Prophet Mohammad with the body of a dog, was killed in a car crash near the southern town of Markaryd on Sunday, police said. Vilks, 75, who had been living under police protection since the […]

October 4, 2021 MAPUTO (Reuters) – Mozambique President Filipe Nyusi urged Islamist militants in its far north to surrender on Monday, saying they had nowhere to run, after allied Rwandan, Mozambican and southern African forces pushed them out of territory they had been occupying. Nyusi’s comments to mark Peace and National Reconciliation Day came a […]

October 4, 2021 By Ben Klayman and Svea Herbst-Bayliss (Reuters) – Hedge fund Engine No. 1 on Monday formally announced it has taken a stake in General Motors Co and was supportive of its transition to battery electric vehicles, sending the shares of the No. 1 U.S. automaker up 3.2%. The position of support for […]

October 4, 2021 MANILA (Reuters) – An initial investigation by the Philippine government has found 154 police officers could be criminally liable over their conduct in President Rodrigo Duterte’s bloody war on drugs, in a rare admission by the state that abuses may have taken place. The findings, announced by the Justice Secretary Menardo Guevarra […]

October 4, 2021 By Philip Pullella VATICAN CITY (Reuters) -Pope Francis and other religious leaders made a joint appeal on Monday for next month’s U.N. Climate Change Conference (COP26) to offer concrete solutions to save the planet from “an unprecedented ecological crisis”. The “Faith and Science: Towards COP26” meeting brought together Christian leaders including Archbishop […]

October 4, 2021 By Lawrence Hurley and Nate Raymond WASHINGTON (Reuters) – The U.S. Supreme Court on Monday cleared the way for New York to collect a $200 million surcharge imposed on opioid manufacturers and distributors to defray the state’s costs arising from the deadly epidemic involving the powerful painkilling drugs. The justices declined to […]

October 4, 2021 ROME (Reuters) – Centre-left candidates are seen winning most of the big cities at stake in Italian local elections, exit polls showed on Monday, with Rome’s incumbent mayor Virginia Raggi of the 5-Star Movement headed for near-certain defeat. Italy’s four largest cities — Rome, Milan, Naples and Turin — and more than […]

Netflix is today officially launching a new feature for its Android users that will make it easier to find something to watch when you can’t make a decision. The feature, called “Play Something,” is a shuffle mode option that will play another movie or show Netflix believes you may like, based on your interests and […]

It seems that a lot of startups are trying to help developers reduce the complexity involved in coding an app. Last week we covered the seed round for RunX, a company that helps developers code back-end cloud resources more quickly. Today, Y Combinator Winter 2021 graduate Wasp announced a $1.5 million seed round to help […]

October 4, 2021 LONDON (Reuters) – World heavyweight champion Tyson Fury’s next fight after his title rematch with American Deontay Wilder in Las Vegas this weekend is likely to be in Britain, promoter Frank Warren said on Monday. Fury, the WBC champion, completes a trilogy of fights against Wilder on Saturday. The 33-year-old’s last four […]

October 4, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – If hedge fund plays on the dollar and U.S. Treasuries are a weather vane for investors’ risk appetite and the economic outlook more broadly, then hold on to your hats. Chicago futures markets data show they have built up their largest long position in 10-year […]

October 4, 2021 (Reuters) – Qualcomm Inc and investment firm SSW Partners said on Monday they had reached a deal to buy Swedish company Veoneer Inc for $4.5 billion in cash. (Reporting by Abhijith Ganapavaram in Bengaluru) Source Link Qualcomm, investment firm SSW Partners to buy Veoneer for $4.5 billion David Barret

October 4, 2021 STOCKHOLM (Reuters) – Swedish automotive technology group Veoneer said on Monday chipmaker Qualcomm Inc and SSW Partners, a New York-based investment partnership, had reached a definite agreement to buy it. Veoneer said in a statement on Monday that Qualcomm and SWW Partners would buy it for $37.00 per share in an all-cash […]

October 4, 2021 (This October 3 story refiles to clarify paragraph 5) By Rajesh Kumar Singh BOSTON (Reuters) – Delta Air Lines said on Sunday that its ticket sales had stabilized and started to improve, putting it on course to deliver third-quarter revenue within its original forecast for a 30%-35% drop versus corresponding 2019 levels. […]

October 4, 2021 By Tom Westbrook and Donny Kwok HONG KONG (Reuters) – China Evergrande will sell a majority stake in its property management business for more than $5 billion, Chinese media said on Monday, a deal which would be the largest asset sale yet at the debt-laden property developer if it goes ahead. Once […]

October 4, 2021 By Sujata Rao LONDON (Reuters) – World stocks were on the back foot on Monday and the dollar stayed close to one-year highs on concerns that higher inflation, supply shortages and China’s property sector woes would put global economic recovery at risk. Stock markets slipped to 2-1/2-month lows last week, following a […]

Life insurance has had a new lease of life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on the back of […]

October 4, 2021 PARIS (Reuters) – The Paris appeals court decided to postpone its verdict over the so-called Tapie affair and the alleged involvement of Orange’s boss Stéphane Richard in a disputed payment made by the state in 2008, a judicial source said on Monday. The decision to put off the verdict follows the death […]