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Pakistan opposition urges PM to remove ministers named in Pandora Papers

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 (Refiles to fix media identifier) By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s opposition on Monday called on Prime Minister Imran Khan to order cabinet ministers and aides named in leaked financial documents known as the Pandora Papers to resign from office and face investigation. Major news organisations published the leaked documents on Sunday. […]

Filed Under: News

Judge survives bid to remove him from Beirut blast investigation

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 BEIRUT (Reuters) -The judge investigating Beirut’s catastrophic port explosion survived attempts to have him removed from the inquiry when a court dismissed two complaints against him on Monday. The investigation into the Aug. 4, 2020 explosion, one of the biggest non-nuclear blasts in history, has made little headway amid a smear campaign […]

Filed Under: News

Displaced Afghans plead for aid as desperation grows

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 KABUL (Reuters) – In a public park in the Afghan capital Kabul, Nor Agha Nori is one of hundreds of people sleeping in makeshift tents, as the country suffers a growing humanitarian crisis. Originally from the northern Takhar province, Nori’s family of seven are among hundreds of thousands of people, the majority […]

Filed Under: News

Pandora Papers: Document dump allegedly links world leaders to secret wealth

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 WASHINGTON (Reuters) -A massive leak of financial documents was published by several major news organizations on Sunday that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin. The dump of more than 11.9 million records, […]

Filed Under: News

Spanish court backs Shakira’s tax claim, criminal case still pending

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 MADRID (Reuters) -A Spanish administrative court has ordered tax authorities to reimburse Colombian singer Shakira, court officials and lawyers said on Monday, while a separate criminal lawsuit she faces over a 14.5 million euros ($16.8 million) tax dispute continues. Shakira’s legal team did not specify how much money she would get back, […]

Filed Under: News

Kremlin sees no reason to make checks after Pandora papers leak

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 MOSCOW (Reuters) – The Kremlin said on Monday it had seen no evidence in a massive data leak of financial documents https://ift.tt/3FfgjBM of hidden wealth among President Vladimir Putin’s inner circle despite allegations to the contrary from news organisations. The dump of more than 11.9 million records was published by several major […]

Filed Under: News

Ukrainian police arrest hacker who caused $150 million damage to global firms

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 KYIV (Reuters) – Ukrainian police said on Monday they had arrested a 25-year-old man who hacked more than 100 foreign companies and caused damage worth more than $150 million. The hacker, who was not identified, used phishing attacks and hijacked software that allows computers to be accessed remotely, a police statement said. […]

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Economic meltdown forces Lebanese to flee to unfamiliar destinations

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Maha El Dahan and Alaa Kanaan BEIRUT (Reuters) – After spending three decades building up a real estate business he inherited from his father, Ralph Khoury now finds himself packing up his home an hour from Beirut to start a new life in a country he little expected to visit: Georgia. […]

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Seven more killed in Oman following tropical storm Shaheen

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 DUBAI (Reuters) -Seven more people were killed in Oman as heavy winds and rain swept through the country after tropical storm Shaheen made landfall, the national emergency committee said on Monday on its official Twitter account. Four people had been killed on Sunday including a child. Latest data showed that the storm […]

Filed Under: News

Soccer-Ranieri set to become new Watford manager – reports

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 (Reuters) – Former Chelsea and Leicester City boss Claudio Ranieri has arrived at Watford’s training ground after agreeing to become the Premier League club’s new manager, Sky Sports reported on Monday. Ranieri, who famously led Leicester to the league title in the 2015-16 season, is expected to sign a contract with Watford […]

Filed Under: News

Lebanon resumes IMF ‘interactions’, committed to fair solution for creditors

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 BEIRUT (Reuters) -Lebanon has resumed “interactions” with the International Monetary Fund with a view to agreeing a recovery programme that can harness international support, the government said on Monday, as it seeks to address a devastating economic meltdown. Lebanon is also fully committed to a transparent and equitable debt restructuring process and […]

Filed Under: News

Billie Eilish to headline Glastonbury music festival next year

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 LONDON (Reuters) – Grammy Award winner Billie Eilish will perform at Glastonbury next June, becoming the British music festival’s youngest-ever solo headliner, organisers said on Monday. The 19-year-old hitmaker, who sings the theme tune for the latest James Bond movie “No Time To Die”, performed at the festival’s Other Stage in 2019, […]

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Analysis-Diverse boards to pick the next Boston and Dallas Fed bank chiefs

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Ann Saphir (Reuters) – The searches soon to get underway for two new top U.S. central bankers will be an important test for what has been a rallying cry of sorts for proponents of diversity: that boards matter. Federal Reserve Chair Jerome Powell has pledged to seek diverse candidates for the […]

Filed Under: News

Futures down on Evergrande troubles; Tesla rises after record deliveries

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Shreyashi Sanyal (Reuters) – U.S. stock index futures ticked lower on Monday, drawing from weakening sentiment in Asia and Europe on worries about property developer China Evergrande, while Tesla shares rose after reporting a record number of electric vehicle deliveries. Investors also kept close watch on rising U.S. Treasury yields after […]

Filed Under: News

Summit Partners raises $8.35 billion for eleventh U.S. growth equity fund

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 (Reuters) – Alternative investment firm Summit Partners said on Monday it had raised $8.35 billion for its eleventh U.S. growth equity fund. Summit Partners Growth Equity Fund XI will target minority and majority investments of $75 million to $500 million, primarily in “profitable, category-leading growth companies”, the investment firm said. The fund […]

Filed Under: News

WTO hikes trade growth forecasts for 2021 and 2022

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 GENEVA (Reuters) – The World Trade Organization revised up its forecasts for growth of global goods trade this year and in 2022, but warned of a two-track recovery and downside risks from the COVID-19 pandemic and supply chain problems. The WTO said on Monday it expected merchandise trade would grow this year […]

Filed Under: News

Analysis-Peru’s Las Bambas standoff tests Castillo’s mining reform pledges

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Marcelo Rochabrun LIMA (Reuters) – Peru’s new socialist government swept to power pledging to strike a new deal with the copper mining sector and redistribute profits to Andean communities like those around the huge Las Bambas project, owned by China’s MMG Ltd. Those promises are now being tested, with protests and […]

Filed Under: News

Analysis-World Bank, IMF face long-term damage after data rigging scandal

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, former staff, government officials and outside experts say. The damage from the […]

Filed Under: News

Biden struggles to secure his ‘New Deal’ to transform U.S. economy

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Trevor Hunnicutt, Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – Last October, presidential candidate Joe Biden flew to Warm Springs, Georgia just days before the national election, to compare his ambitions with those of the United States’ longest-serving president. Franklin Delano Roosevelt “would come back to Warm Springs often to think […]

Filed Under: News

Bennett aide accuses Iran of attempting attack on Israelis in Cyprus

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 JERUSALEM (Reuters) – Israel accused Iran on Monday of orchestrating an attempted attack against Israelis in Cyprus after police on the island said an armed individual had been arrested. “This was a terrorist incident directed by Iran against Israeli businesspeople living in Cyprus,” Matan Sidi, spokesman for Israeli Prime Minister Naftali Bennett, […]

Filed Under: News

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