September 24, 2021 By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday and was poised for its third straight week of gains against a basket of major currencies, as uncertainty over beleaguered Chinese property developer Evergrande helped the greenback bounce back from a sharp decline in the prior session. China Evergrande Group […]
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Key events in Huawei CFO Meng Wanzhou’s extradition case
September 24, 2021 By Moira Warburton VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou reached an agreement with U.S. prosecutors on Friday to end the bank fraud case against her, Assistant U.S. Attorney David Kessler told a New York judge. The move should allow Meng to eventually leave Canada and relieve a point of […]
Two Fed policymakers say bar for taper met, nod to next debates
September 24, 2021 By Ann Saphir and Howard Schneider (Reuters) -A pair of Federal Reserve policymakers on Friday said they felt the U.S. economy is already in good enough shape for the central bank to begin to withdraw support for the economy, setting up for the next big Fed debates: when to raise interest rates […]
Prada strips dresses back, foulard inspires Versace in Milan
September 24, 2021 By Marie-Louise Gumuchian (Reuters) -Prada deconstructed dresses at Milan Fashion Week on Friday, using elements including trains and corsets in a spring collection that explored seduction through clothes. Co-creative directors Miuccia Prada and Raf Simons, who joined the Milan-based, Hong Kong-listed luxury group last year, added silk trains on miniskirts, put corset […]
Abbas tells U.N. Israeli actions could lead to ‘one state’
September 24, 2021 By Ali Sawafta and Zainah El-Haroun RAMALLAH, West Bank (Reuters) -Palestinian President Mahmoud Abbas accused Israel on Friday of destroying the two-state solution with actions he said could lead Palestinians to demand equal rights within one binational state comprising Israel, the occupied West Bank and Gaza. Addressing the United Nations General Assembly […]
Libya PM draws crowd for mass wedding and protest against parliament
September 24, 2021 TRIPOLI (Reuters) – Several thousand Libyans packed a Tripoli square late on Friday for a state-funded mass wedding celebration that also drew supporters of transitional Prime Minister Abdulhamid Dbeibah and protesters against the eastern-based parliament. Dbeibah was installed in March through a U.N.-backed process to head a unity government after years of […]
Yahoo has built a new calendar app called Day, and it’s recruited the co-founder of Sunrise to design it
When it comes to online calendars and calendar apps, services like Google Calendar and Outlook from Microsoft rule the roost with hundreds of millions of users globally. Now another company is hoping to ruffle some feathers with its own move into the space. TechCrunch has learned and confirmed that Yahoo is working on called Day, […]
Golf-What’s a Ryder Cup party without Europeans? Not as much fun
September 24, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – The Ryder Cup party was back in full swing at Whistling Straits on Friday as the United States roared out of the gate dominating the foursomes 3-1, but for American fans something was missing — Europeans. Afterall, what fun is it if you can’t rub […]
Nasdaq short interest down 0.07% in mid-September
September 24, 2021 (Reuters) – Short interest on the Nasdaq fell 0.07% in the first two weeks of September, the exchange said on Friday. As of Sept. 15, short interest fell to about 11.014 billion shares, from 11.023 billion shares as of Aug. 31. Investors who sell securities “short” borrow shares and then sell them, […]
Biden will not invoke executive privilege on Trump records in Jan. 6 probe -White House
September 24, 2021 WASHINGTON (Reuters) – President Joe Biden will not invoke executive privilege to shield former President Donald Trump’s records in relation to an investigation into the deadly attack on the U.S. Capitol on Jan. 6, White House press secretary Jen Psaki said on Friday. “The president has already concluded that it would not […]
British police arrest 39 climate activists blocking Port of Dover
September 24, 2021 LONDON (Reuters) -British climate change protesters on Friday temporarily blocked the Port of Dover, Europe’s busiest trucking port, and police arrested 39 people. About 40 activists from the environmental group Insulate Britain brought traffic to and from the port, the main artery for trade over the English Channel, to a standstill. Some […]
Cycling-Lappartient elected unopposed to second term as UCI president
September 24, 2021 (Reuters) – David Lappartient has been re-elected for a four-year second term as president of the International Cycling Union (UCI), the governing body said on Friday, having stood unopposed at its congress during the Road World Championships in Belgium. Lappartient, who took over from Britain’s Brian Cookson in 2017, will remain in […]
U.S. probes security impact of importing magnets used in fighter jets, missiles
September 24, 2021 WASHINGTON (Reuters) -The U.S. Commerce Department on Friday said it would investigate whether national security is threatened by overrelying on imports of certain magnets used in fighter aircraft and missile guidance systems, part of the Biden administration’s global supply chain review. The neodymium-iron-boron (NDFEB) permanent magnets are used in a variety of […]
Huawei heir apparent prepares for life after three years of Canada court battle
September 24, 2021 By Moira Warburton VANCOUVER (Reuters) – After being stuck for nearly three years, largely confined to her multi-million-dollar Canadian house in a sought-after neighborhood in Vancouver, Huawei Chief Financial Officer Meng Wanzhou looks set to return home to China. Like many top Chinese executives, Meng is a mysterious figure even in her […]
U.S. Treasury’s Yellen cites need for compromise on digital service taxes in call with French counterpart
September 24, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen, in a call on Friday with French Finance Minister Bruno Le Maire, stressed the importance of reaching a compromise on the withdrawal of digital services taxes, the Treasury Department said in a statement. Yellen also conveyed appreciation for Le Maire’s dedication to the effort […]
IMF’s Georgieva accuses former World Bank president Kim’s office of manipulation
September 24, 2021 WASHINGTON (Reuters) – IMF chief Kristalina Georgieva on Friday blasted an independent report on her alleged role in a China-related data-rigging scandal while at the World Bank, saying it contained “fundamental errors” and substituted innuendo for facts. She also accused the office of the bank’s past president, Jim Kong Kim, of manipulation, […]
Singer Natalie Imbruglia mixes motherhood with ‘personal’ new album
September 24, 2021 By Sarah Mills LONDON (Reuters) – Natalie Imbruglia thought audiences might throw tomatoes at her when she first started out in the 1990s, but more than 20 years later the Australian singer-songwriter is still making music, releasing her sixth studio album on Friday. “Firebird” is Imbruglia’s first record of original music since […]
‘Quad’ meets at White House as China looks warily on
September 24, 2021 By Steve Holland, David Brunnstrom, Nandita Bose and Michael Martina WASHINGTON (Reuters) -Leaders of the United States, Japan, India and Australia met on Friday for a summit amid shared concerns about China’s growing power and behavior, a meeting expected to yield progress on COVID-19 vaccines, infrastructure and technological cooperation. The first in-person […]
Golf-Spieth nearly ends up in Lake Michigan after remarkable Ryder Cup shot
September 24, 2021 KOHLER, Wis. (Reuters) – American Jordan Spieth nearly ended up in chilly Lake Michigan after hitting a remarkable shot out of the rough from an extreme slope as part of a desperate bid to extend a Ryder Cup foursomes match against Europe on Friday. Trailing Jon Rahm and Sergio Garcia by two […]
Motor racing-W series cancels Mexico round, to end season in Texas
September 24, 2021 LONDON (Reuters) – The all-female W Series, which supports Formula One, has cancelled its Mexican round and will end the season with a race double at next month’s U.S. Grand Prix in Austin, organisers said on Thursday. Mexico would have followed on from Texas but the race at the Autodromo Hermanos Rodriguez […]