News

September 30, 2021 By Krisztina Than and Anita Komuves BUDAPEST (Reuters) – Klara Dobrev, a 49-year-old lawyer who favours closer ties with the European Union, won the first leg of an opposition primary contest on Thursday to pick Hungarian Prime Minister Viktor Orban’s challenger in a 2022 national election. Dobrev, who would be the first […]

On Interstate 45 in Texas, a billboard with “Aurora” emblazoned at the top in giant white letters offers a cryptic message: “A new way to drive is on the horizon.” It’s hard to know just how many of the thousands of drivers on this stretch of road know what that means or what Aurora is; […]

September 30, 2021 By Sheila Dang and Paresh Dave (Reuters) – U.S. senators on Thursday grilled Facebook Inc on its plans to better protect young users on its apps, drawing on leaked internal research that showed the social media giant was aware of how its Instagram app harmed the mental health of teens. The hearing […]

September 30, 2021 By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory. Central bankers, while adamant inflation will subside, are starting to concede it may stay higher […]

September 30, 2021 By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden and his senior Democratic allies in Congress are preparing to lower their ambitions for a signature legislative achievement on their top social priorities. Faced with increasingly stiff odds of passing their $3.5 trillion social-spending proposal, Biden and his aides are […]

September 30, 2021 (Reuters) – The Federal Aviation Administration (FAA) said Thursday it will review safety concerns raised by a former Blue Origin employee about billionaire Jeff Bezos’ space company. Alexandra Abrams, former head of Blue Origin Employee Communications, and 20 other unnamed Blue Origin employees and former employees, said in an essay they had […]

September 30, 2021 By Svea Herbst-Bayliss and Makiko Yamazaki NEW YORK/TOKYO (Reuters) – Hedge fund Elliott Management said it owns a “significant” stake in troubled Japanese industrial conglomerate Toshiba Corp, which is conducting a strategic review amid pressure from other investors that could include a sale of the company. Elliott, one of the world’s most […]

September 30, 2021 By Lisa Richwine LOS ANGELES (Reuters) – A lawyer for Jamie Spears on Thursday denounced a Los Angeles judge’s decision to suspend him as conservator of his daughter Britney Spears’ $60 million estate. LA Superior Court Judge Brenda Penny removed Jamie Spears https://ift.tt/3DfGIxR from the role on Wednesday and set a November […]

September 30, 2021 (Corrects a word in headline from “Games” to “Game”) By Sangmi Cha SEOUL (Reuters) – The hit Netflix series “Squid Game” from South Korea has gone viral across the world and online by morphing childhood games popular before the digital era such as “Red Light, Green Light” into deadly survival challenges. The […]

The NFT space has had quite the year, and while it can be difficult to separate the billions of dollars in crypto speculation from the potential infrastructure shifts, plenty of mainstream tech companies are dipping their toes into the space and signaling future interest. This time it’s TikTok’s turn. The fast-growing social media platform which […]

September 30, 2021 By Julia Symmes Cobb and Luis Jaime Acosta BOGOTA (Reuters) – Colombia’s central bank board raised the benchmark interest rate by 25 basis points to 2% on Thursday, its first change to borrowing costs in a year, as it seeks to control inflation. The decision – backed by four of the seven […]

September 30, 2021 Las Vegas Aces guard Kelsey Plum was named the WNBA Sixth Player of the Year on Thursday. The award, given to the top reserve, is a first for Plum, 27. Her teammate, forward Dearica Hamby, won it in 2019 and ’20 and was second in voting this season. Plum received 41 of […]

September 30, 2021 BERLIN (Reuters) – German car parts maker Continental announced plans for a restructuring that will combine from the start of next year business activities around connectivity, mobility, and high-performance computers, it said on Thursday. Its tires business and the ContiTech division, focused on rubber technologies, will become independent group sectors, while its […]

September 30, 2021 NEW YORK (Reuters) – Gramercy said on Thursday it “added a small position” in China Evergrande Group bonds as prices have fallen to where there is a “compelling risk/reward.” The emerging markets specialist investment manager said the decision was made given bond prices dropping to the 30 cents on the dollar area […]

September 30, 2021 CHICAGO (Reuters) – United Airlines on Thursday trimmed the number of employees who are facing termination for defying the company’s COVID-19 vaccine mandate. The Chicago-based carrier said only 320 U.S.-based staff are now not in compliance with its COVID-19 vaccination policy, marking a 46% drop in the past two days. Excluding those […]

September 30, 2021 By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge said Germany’s Allianz SE must face investor claims it wrongly “abandoned” the investment strategies it promised to use on hedge funds that suffered massive losses as the COVID-19 pandemic shook markets early last year. In an 81-page decision, U.S. District Judge Katherine […]

September 30, 2021 WASHINGTON (Reuters) – The United States condemns Ethiopia’s expulsion of United Nations officials and will not hesitate to use sanctions against those who obstruct humanitarian efforts in the country, White House press secretary Jen Psaki told reporters on Thursday. Earlier on Thursday, Ethiopia’s Ministry of Foreign Affairs said it was expelling seven […]

September 30, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]

Clubhouse announced today that it is unveiling four new features: Clips, Replay, Universal Search, and spatial audio for Android (which already exists on iOS). All of these features will launch today, except for Replay, which will roll out in October. These additions will help expand Clubhouse’s reach by making content available even after a live […]

South Korean internet service provider SK Broadband, a subsidiary of South Korean telco company SK Telecom, has filed a counterclaim against Netflix to demand payment for the bandwidth the streaming platform has used for the last three years. This case comes in the wake of the South Korean court siding against Netflix in June in […]