September 23, 2021 FRANKFURT (Reuters) – Germany’s Solarwatt opened a new production line for photovoltaic modules on Thursday as part of a 100 million euro ($117 million) investment, as it promotes the convergence of the renewable power, smart home, heating and e-mobility. The line will produce one million modules per year, enough to allow 80,000 […]
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Facebook explains content it demotes in news feed in bid for transparency
September 23, 2021 By Sheila Dang (Reuters) – Facebook Inc on Thursday said it reduces the distribution of certain content including clickbait, posts with “sensationalist” or exaggerated health claims or low-quality videos on its news feed, and outlined its content guidelines as the social media platform faces increased scrutiny over how it displays content to […]
White House seeks to address semiconductor chips crisis harming automakers
September 23, 2021 By David Shepardson WASHINGTON (Reuters) – The White House will discuss ways to overcome a semiconductor chip supply crisis that is cutting auto production around the world in a new round of meetings with major companies on Thursday. Commerce Secretary Gina Raimondo and White House National Economic Council director will host companies […]
Vietnam willing to share information with China for its bid to join CPTPP
September 23, 2021 HANOI (Reuters) – Vietnam said on Thursday it is willing to share its experience and information with China for the world’s second largest economy’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). “The CPTPP is an open free trade agreement,” Foreign Ministry spokeswoman Le Thi Thu Hang said […]
German economic recovery loses momentum in Sept – flash PMIs
September 23, 2021 BERLIN (Reuters) – Germany’s economic recovery from the COVID-19 pandemic lost momentum in September as activity in both the manufacturing and services sectors slowed amid supply bottlenecks and waning catch-up effects, a survey showed on Thursday. IHS Markit’s flash Purchasing Managers’ Index (PMI) showed growth in the manufacturing sector slowed to an […]
French business activity weaker than expected in September – flash PMI
September 23, 2021 PARIS (Reuters) – The rate of growth in French business slowed further in September and missed market forecasts, a monthly survey showed on Thursday, as concerns over supplies of key goods weighed on the euro zone’s second-biggest economy. Problems with global shipping and transport, caused partly by strict COVID-19 checks at Chinese […]
Volkswagen building new battery system factory in China’s Hefei city
September 23, 2021 BEIJING (Reuters) – Volkswagen AG said on Thursday it is building a new battery system factory in eastern China’s Hefei city which will start production in 2023. The German automaker said it would invest more than 140 million euros ($164 million) in the battery plant by 2025. It is building a factory […]
NGOs bring case against French customs over weapons exports
September 23, 2021 PARIS (Reuters) – Two non-governmental organisations (NGOs) said they had brought a legal case before the Paris administrative court to order French customs to disclose records over war equipments exports, especially to Saudia Arabia and the United Arab Emirates. Amnesty International France and the European Centre for Constitutional and Human Rights (ECCHR) […]
Google files writ with Indian court against local watchdog following report leak
Google on Thursday filed a writ petition in the Delhi High Court against the Competition Commission of India following following the leak of a damning confidential report about the nation’s watchdog interim fact-finding in an antitrust probe. The report, which Google has yet to formally receive or review, said the American giant had abused the dominant […]
Soccer-Ronaldo leapfrogs Messi in Forbes list of top-earning players
September 23, 2021 (Reuters) – Manchester United forward Cristiano Ronaldo has reclaimed top spot in the list of the world’s highest-paid soccer players from Lionel Messi, according to Forbes https://www.forbes.com/sites/christinasettimi/2021/09/21/the-worlds-highest-paid-soccer-players-2021–uniteds-cristiano-ronaldo-reclaims-top-spot-from-psgs–lionel-messi/?sh=2a9bd7013b7b. Ronaldo, 36, rejoined United from Juventus in August after 12 years away, while Messi has swapped boyhood club Barcelona to join Paris St Germain. Forbes […]
Tennis-Murray makes first ATP quarter-final since 2019
September 23, 2021 (Reuters) – Former world number one Andy Murray said he is seeing signs of improvement in his game after reaching his first ATP quarter-final in two years on Wednesday with a comfortable victory over Canada’s Vasek Pospisil at the Moselle Open. The 34-year-old Briton, who had hip surgeries in 2018 and 2019, […]
MLB roundup: Rays wrap up playoff berth
September 23, 2021 Austin Meadows’ three-run homer highlighted Tampa Bay’s six-run third inning Wednesday afternoon, securing a playoff berth for the Rays in a 7-1 drubbing of the Toronto Blue Jays in St. Petersburg, Fla. After losing Tuesday despite being issued 11 walks and a hit batter, the Rays erupted by batting around against Toronto […]
Spain Q2 GDP growth revised to 1.1% q/q from 2.8%, INE says
September 23, 2021 (Reuters) – The Spanish economy grew a much slower 1.1% in the second quarter from the previous one, National Statistics Institute (INE) said on Thursday, revising the data from 2.8% announced three months ago. The INE also revised the year-on-year growth in the second quarter to 17.5% down from 19.8%. The Spanish […]
European stocks rally for third day, business surveys awaited
September 23, 2021 (Reuters) – European stocks rallied for a third day as the global mood brightened on easing concerns about cash-strapped developer China Evergrande, while investors awaited the latest batch of business surveys. The pan-European STOXX 600 index rose 0.6% by 0709 GMT and was now set to end the week with solid gains. […]
Nigerian businesses can now accept Apple Pay on Paystack
Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration “the fastest, secure way for Nigerian businesses to accept international payments.” Apple Pay, Apple’s mobile payments and digital wallet service, provides users […]
Soft, warm and vegan-friendly, Volvo cars go leather-free
September 23, 2021 By Nick Carey LONDON (Reuters) – Swedish carmaker Volvo Cars said on Thursday that its vehicle range will go leather-free or ‘vegan-friendly’ by 2030, offering instead bio-based and recycled materials to a customer base that increasingly wants sustainably sourced products. “We’ve got a new generation of customers coming through, they’re far more […]
Court case of 47 Hong Kong democracy activists to resume on November 29
September 23, 2021 By Jessie Pang HONG KONG (Reuters) – A closely monitored national security case involving 47 Hong Kong democracy activists charged with conspiracy to commit subversion, most of whom have been in custody for more than six months, will resume on Nov. 29, a judge ruled on Thursday. Magistrate Peter Law in the […]
Norway’s election winners to meet in bid to form majority government
September 23, 2021 By Terje Solsvik OSLO (Reuters) – Norway’s centre-left election winners meet on Thursday for three-way talks to determine whether they can form a majority coalition government, with oil, taxes and EU relations among the sticking points. Labour, the Socialists and the Centre Party won a majority of seats in Norway’s parliament on […]
After fall of Bashir, Sudan closes door on support for Hamas
September 23, 2021 By Khalid Abdelaziz, Nafisa Eltahir and John Irish KHARTOUM (Reuters) – Sudanese authorities have taken control of lucrative assets that for years provided backing for Hamas, shedding light on how the country served as a haven for the Palestinian militant group under former leader Omar al-Bashir. The takeover of at least a […]
Britney Spears’ attorney proposes that her conservatorship end this fall
September 23, 2021 By Lisa Richwine LOS ANGELES (Reuters) – An attorney for Britney Spears on Wednesday asked a Los Angeles judge to terminate the 13-year-old conservatorship that oversees her personal life and finances by the fall. In a filing submitted to Los Angeles Superior Court, lawyer Mathew Rosengart asked that the musician’s father, Jamie […]