News

October 6, 2021 By Hyunjoo Jin, Ross Kerber and Rick Linsk SAN FRANCISCO/BOSTON (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc, raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for […]

October 6, 2021 By Gaurav Dogra (Reuters) – Asian equities have seen heavy foreign outflows since the start of this month on concerns about China’s property sector and on expectations that major central banks would raise interest rates soon amid concerns about rising inflationary pressures. Foreigners have sold a combined net total of $3.35 billion […]

October 6, 2021 By Philip Pullella VATICAN CITY (Reuters) -The prosecution at a Vatican trial of 10 people accused of financial crimes, including a cardinal, acknowledged on Tuesday weaknesses in its case and said it was willing to return to the investigative phase to fill in gaps contested by the defence. Deputy prosecutor Alessandro Diddi […]

October 6, 2021 FRANKFURT (Reuters) – Euro zone banks continued to record a decline in soured loans in the second quarter, data showed on Wednesday, even as the European Central Bank warned that lenders are being complacent in recognising bad debt. Non-performing loans (NPL) at the bloc’s 114 biggest banks dropped to 422 billion euros […]

October 6, 2021 By Phil Stewart WASHINGTON (Reuters) – She didn’t forget the prenatal vitamins – that was one of the few things this U.S.-trained Afghan pilot could grab from her Kabul airport office before she left the country aboard an Air Force plane during the Taliban takeover. But after fleeing for her life and […]

October 6, 2021 LONDON (Reuters) – The world is one millimetre away from a deal on global corporate taxes and an agreement could be signed in Washington next week or at the G20, French Finance Minister Bruno Le Maire said on Wednesday. An updated draft of a global corporate tax overhaul has dropped “at least” […]

October 6, 2021 STOCKHOLM (Reuters) -German Benjamin List and Scottish-born David MacMillan won the 2021 Nobel Prize in Chemistry for their development of asymmetric organocatalysis, a “new and ingenious tool for molecule building”. “Organic catalysts can be used to drive multitudes of chemical reactions,” the Royal Swedish Academy of Sciences said in a statement. “Using […]

October 6, 2021 By Vassilis Triandafyllou and Angeliki Koutantou LIMNI, Greece (Reuters) – In a scorched landscape on the Greek island of Evia, crews of workers chop burnt pine trees, all that’s left from devastating summer wildfires, to set up wooden flood barriers. Walking on a thick carpet of ash and with the smell of […]

October 6, 2021 By Neil Jerome Morales MANILA (Reuters) – The only son and namesake of late Philippine dictator Ferdinand Marcos filed candidacy papers https://ift.tt/3a9fgVO for next year’s presidential election on Wednesday, offering to be a “unifying” leader to help tackle the pandemic and economic crises. Below are five things to know about Ferdinand Marcos […]

October 6, 2021 By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopian Prime Minister Abiy Ahmed on Wednesday nominated incumbent Ahmed Shide to return as finance minister in his new cabinet, signalling a determination to stay with a course of reforms that includes privatising creaking state enterprises. He nominated Abraham Belay as minister of defence. Belay previously […]

Uber is piloting new app features aimed at making air travel more hassle-free, including the ability to reserve rides from airports, gain access to enhanced curbside pickup, request a ride once you land and order food in advance from airport restaurants for pickup. Uber Reserve at Airports will allow users at 20 major airports across […]

Databricks today announced that it has acquired German startup 8080 Labs, the company behind bamboolib, a popular GUI for the Python-based Pandas data analysis and manipulation tool. Bamboolib allows data scientists to quickly and easily explore their data and transform it without having to write any code. 8080 Labs offered both a free community edition […]

October 6, 2021 By Jessica Resnick-Ault and Daniel Trotta (Reuters) – Democratic members of Congress from California seized on the oil spill off the state’s coast to promote federal legislation to ban all offshore oil drilling, as investigators searched for what caused the pipeline to burst. About 3,000 barrels (126,000 gallons) of crude oil spilled […]

October 6, 2021 By Clara-Laeila Laudette MADRID (Reuters) – Spanish ride-hailing app Cabify will allow users to order groceries direct to their homes in nine cities including Barcelona and Madrid via a partnership with online supermarket delivery firm Lola Market, the companies said on Wednesday. A new crop of startups across Europe seeks to consolidate […]

October 6, 2021 SINGAPORE (Reuters) – Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region’s recovery from the COVID-19 pandemic and disrupting global supplies of goods such as apparels, automobiles, and electronics. Coronavirus curbs have led companies to shut factories and suspend or reduce operations at a time when […]

October 6, 2021 By Nick Carey LONDON (Reuters) – British online grocer Ocado is investing 10 million pounds ($13.6 million) in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough traffic on busy city streets. Wayve’s technology will be used in a 12-month autonomous delivery trial using a […]

October 6, 2021 MOSCOW (Reuters) -A Russian actress and a film director blasted off for the International Space Station on Tuesday, beating Tom Cruise in the race to shoot the first movie in space. The Soyuz MS-19 spacecraft is set to dock at 1212 GMT at the station, which orbits Earth at an altitude of […]

October 6, 2021 By Corina Pons and Clara-Laeila Laudette MADRID (Reuters) – Spanish fashionista Blanca Lorca once swore by high heels and fitted clothes for the office, but the COVID-19 lockdown has transformed her style sense and shopping habits. After months working from her sleek Madrid flat, the 31-year-old pharmaceutical company employee is now dressing […]

October 6, 2021 SINGAPORE (Reuters) – Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region’s recovery from the COVID-19 pandemic and disrupting global supplies of goods such as apparels, automobiles, and electronics. Coronavirus curbs have led companies to shut factories and suspend or reduce operations at a time when […]

October 6, 2021 SOFIA (Reuters) – Bulgaria’s economy is expected to rebound with growth of 4% this year and accelerating to 4.9% in 2022, the finance ministry said in its autumn macroeconomic forecast on Wednesday. The small and open economy contracted by 4.2% in 2020 when the coronavirus pandemic hit jobs and businesses. The ministry […]