News

October 8, 2021 Inflation angst and soaring energy prices form the backdrop to the start of third-quarter U.S. earnings season in the coming week. Annual meetings of the World Bank and International Monetary Fund (IMF) kick off too from Monday, but the event is overshadowed by a data-rigging scandal that threatens the career of IMF […]

October 8, 2021 By Nina Chestney LONDON (Reuters) – Households across Europe face much higher winter energy bills due to a global surge in wholesale power and gas prices and consumer groups have warned the most vulnerable in the region could be hit by fuel poverty as a result. WHY THE HIGH PRICES? Energy companies […]

October 8, 2021 GENEVA (Reuters) – The U.N. human rights office congratulated Maria Ressa and Dmitry Muratov on receiving the Nobel Peace Prize on Friday, saying it was “recognition of the importance of the work of journalists in the most difficult circumstances”. “Throughout the years we’ve seen an increase in attacks in journalists during the […]

October 8, 2021 BEIJING (Reuters) – Chinese President Xi Jinping told Japan’s new prime minister, Fumio Kishida, in a call on Friday that the two nations should handle sensitive issues such as Taiwan “appropriately”, the Communist Party’s official People’s Daily reported. Japan’s new government signalled on Tuesday a more assertive stance on China’s posture towards […]

October 8, 2021 By Jan Lopatka PRAGUE (Reuters) -Czechs begin voting on Friday in a tight parliamentary election in which Prime Minister Andrej Babis hopes to win a second term despite criticism that he mismanaged the pandemic, ran up heavy debts and mixed business interests with those of his country. The two-day election kicks off […]

October 8, 2021 VIENNA (Reuters) – Austria’s governing coalition was on the brink of collapse on Friday as its junior party said it was seeking alternatives to governing with Chancellor Sebastian Kurz now that he has been placed under investigation on suspicion of corruption. Kurz denies wrongdoing and says he is willing to keep governing […]

October 8, 2021 MOSCOW (Reuters) – The Kremlin on Friday congratulated Dmitry Muratov, an editor and journalist, on winning the Nobel peace prize despite the fact that his Novaya Gazeta newspaper has often criticised the Russian authorities. Muratov was one of two journalists to be awarded the Nobel Peace Prize, which this year honoured the […]

October 8, 2021 OSLO (Reuters) – Philippines journalist Maria Ressa, who won the Nobel Peace Prize on Friday with Russian journalist Dmitry Muratov, said she in live broadcast by Rappler, says she was stunned by the news. “I am in shock,” Ressa told a live broadcast by Rappler, the online news website she co-founded. (Reporting […]

October 8, 2021 (Reuters) – The European Union’s executive on Friday urged Greece to launch an investigation into reports about illegal migrant pushbacks, while praising Croatia for pledging to start an inquiry. “I must say that the Croatian government takes this very seriously, they are going to immediately investigate”, the EU’s Home Affairs Commissioner Ylva […]

October 8, 2021 ATHENS (Reuters) – Greece’s annual EU-harmonised inflation stayed positive for a fourth straight month in September, data from the country’s statistics service ELSTAT showed on Friday. The reading was 1.9% year-on-year from 1.2% in August. EU-harmonised inflation is an index of components that is used across the EU to measure inflation in […]

October 8, 2021 By Wilfredo Pineda and Nelson Renteria EL ZONTE, El Salvador (Reuters) – A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars sent daily by migrants using the cryptocurrency. But only a […]

October 8, 2021 LONDON (Reuters) – Investors ploughed $14.9 billion into cash in the week to Wednesday and snapped up $1.8 billion of inflation protected U.S. Treasuries as markets suffered a major sell off, a round-up by BofA on flow number based on EPFR data showed on Friday. Fixed income markets attracted the smallest weekly […]

October 8, 2021 PARIS (Reuters) – French European Affairs Minister Clement Beaune said on Friday that French fishermen must not pay for the failure of Britain’s exit from the European Union. “They failed on Brexit. It was a bad choice. Threatening us, threatening our fishermen, will not settle their supply of turkey at Christmas,” Beaune […]

October 8, 2021 (Corrects to “rise in Q4” from “fall in Q4” in headline) BEIJING (Reuters) – Almost 20% of households in China believe the prices of homes will rise in the fourth quarter of the year, the central bank said in a survey report on Friday. The survey said 19.9% of households believed home […]

October 8, 2021 LONDON (Reuters) -British consumer morale has fallen to its lowest since February, when the country was under heavy COVID-19 restrictions, due to worries about the economic outlook and about rising prices, a Bank of America report showed on Friday. The survey chimed with other gauges of consumer confidence in Britain that have […]

October 8, 2021 OSLO (Reuters) -Two journalists whose work has angered the authorities in Russia and the Philippines were awarded the Nobel Peace Prize on Friday, honouring the right to free speech which the prize-giving committee described as under threat around the globe. Maria Ressa and Dmitry Muratov were given the award “for their courageous […]

October 8, 2021 By Akira Tomoshige OSAKA, Japan (Reuters) – Yoshio Kinoshita is living proof that you can teach an old dog new tricks. The 81-year-old rides the ramps at his local skate park in the city of Osaka almost every morning, picking up tips from skateboarders decades younger than him. “They are all my […]

October 8, 2021 ISTANBUL (Reuters) – Seven-times Formula One world champion Lewis Hamilton will take a 10-place grid penalty for the Turkish Grand Prix after Mercedes changed the engine on his car on Friday. The new internal combustion engine (ICE) exceeds the Briton’s allocation of three for the season, triggering the penalty. Hamilton is two […]

October 8, 2021 By Fathin Ungku and Bernadette Christina SINGAPORE/JAKARTA (Reuters) – Indonesia is set to become Asia’s fourth country to introduce a carbon tax but analysts expect opposition from industries that have warned of implementation problems and higher power costs that could undermine manufacturing competitiveness. The introduction of the tax is part of an […]

October 8, 2021 By Aaron Ross and Helen Reid DAKAR (Reuters) – Democratic Republic of Congo should renegotiate its $6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies and activists. The draft, seen by Reuters, describes the deal that was first […]