September 20, 2021 By Michelle Nichols and Valerie Volcovici UNITED NATIONS (Reuters) – With less than six weeks to go before world leaders convene for a major climate summit in Glasgow, U.N. Secretary-General António Guterres and UK Prime Minister Boris Johnson will hold a roundtable of world leaders on Monday to address major gaps on […]
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Russian university shooter alive, being treated in hospital, say investigators
September 20, 2021 MOSCOW (Reuters) – A student who opened fire at a university in Russia on Monday is alive and being treated in hospital, the Investigative Committee law enforcement agency said, contradicting an earlier statement from the university that he had been killed. At least eight people were killed and several others wounded in […]
Asian shares at 1-month low, default fears stalk China Evergrande
September 20, 2021 By Wayne Cole and Anushka Trivedi (Reuters) – Asian shares skidded and the dollar firmed on Monday ahead of a week packed with global central bank meetings, with a torrid session for the world’s most indebted property developer China Evergrande dragging Hong Kong stocks to a near one-year low. Holidays in Japan, […]
Flughafen Zuerich chairman sees business travel rebound in 2022 -paper
September 20, 2021 ZURICH (Reuters) – The chairman of airport operator Flughafen Zuerich expects business travel to rebound next year, he told a newspaper, adding the Swiss group remained financially sound despite the hit from the coronavirus epidemic. “My personal assessment is I don’t think we will see a big recovery in business travel this […]
Corporate leverage returns to pre-pandemic levels
September 20, 2021 By Yoruk Bahceli (Reuters) – U.S. and European companies have marked another milestone in their road to recovery from COVID-19, seeing their debt levels relative to profits tumbling to the lowest since before the pandemic erupted in 2020. Net leverage, an important gauge of a company’s financial health, refers to net debt […]
Hong Kong police arrest three members of student prisoner-support group
September 20, 2021 HONG KONG (Reuters) – Hong Kong police arrested on Monday three members of a pro-democracy student group, accusing them of a “conspiracy to incite subversion” including by helping deliver snacks to prisoners with the aim of recruiting followers. Hong Kong police have arrested more than 100 people under a national security law […]
UK meat industry warns some firms have just five days’ CO2 supply
September 20, 2021 LONDON (Reuters) – Some of Britain’s meat processors will run out of carbon dioxide within five days, forcing them to halt production, the head of the industry’s lobby group warned on Monday. A jump in gas prices has forced several domestic energy suppliers out of business and has shut fertiliser plants that […]
San Marino abortion debate heats up ahead of historic referendum
September 20, 2021 By Angelo Amante and Emily Roe SAN MARINO (Reuters) – One of Europe’s staunchest opponents to legal abortion could fall on Sunday when San Marino, a tiny and deeply Catholic republic landlocked in Italy, holds a referendum to overturn a law dating back to 1865. A “Yes” vote will bring some relief […]
Syrian migrants allowed in by Merkel vote to choose her successor
September 20, 2021 By Riham Alkousaa BERLIN (Reuters) – Tarek Saad is keen to help other Syrian refugees who have fled the war in their homeland to make a new home in Germany and he sees the federal election on Sept. 26 as an opportunity to do just that. Saad is campaigning in his adopted […]
Parliament voting session on new Lebanon cabinet delayed by power cut
September 20, 2021 BEIRUT (Reuters) – A power cut forced a delay on Monday to the start of a Lebanese parliamentary session that is scheduled to discuss the new cabinet’s policy programme and hold a vote of confidence. Lebanon is battling one of the deepest depessions of modern times, with worsening fuel shortages translating into […]
Amazon starts probe over bribe to gov’t officials by its lawyers in India, report says
Amazon has launched an investigation into the conduct of its legal representatives in India following a complaint from a whistleblower who alleged that one or more of the company’s reps had bribed government officials, Indian news and analysis outlet the Morning Context reported on Monday. The company is investigating whether legal fees financed by it […]
Five killed in shooting at Russian university – law enforcement
September 20, 2021 MOSCOW (Reuters) -A student gunman opened fire at a university in the Russian city of Perm on Monday, killing five people and injuring six others, law enforcement authorities said. The gunman was detained shortly after the incident at Perm State University, located around 1,300 kilometres (800 miles) east of Moscow, a university […]
Australian trade min seeks French meeting, confident subs row won’t derail EU talks
September 20, 2021 By Colin Packham CANBERRA (Reuters) -Australian Trade Minister Dan Tehan said on Monday he will seek a meeting with his French counterpart to ease tensions over Canberra’s decision to scrap a $40 billion submarine deal. Australia last week said it would end the deal with France’s Naval Group to build a fleet […]
Rwanda court to rule on case of Rusesabagina, hero of ‘Hotel Rwanda’
September 20, 2021 By Clement Uwiringiyimana KIGALI (Reuters) – A Rwandan court is expected to rule on Monday in the case of Paul Rusesabagina, a one-time hotel manager portrayed as a hero in a Hollywood film about the 1994 genocide, later accused by Rwanda’s authorities of masterminding terrorism from exile. Rusesabagina, 67, denies all the […]
Thousands flee as lava spewing from volcano on Spain’s La Palma island destroys houses
September 20, 2021 LA PALMA, Spain (Reuters) – Authorities have evacuated about 5,000 people from villages in the Spanish Canary Island of La Palma as lava spews from an erupting volcano, local officials said. The 15-meter high lava flow has already swallowed 20 houses in the village of El Paso and sections of roads, Mayor […]
Take Five: Bring out the central bank heavies
September 20, 2021 1/CENTRALLY FOCUSED Several central banking big-hitters meet in coming days, with the U.S. Federal Reserve’s Sept. 21-22 meeting topping the must-watch list. The timing of the Fed’s U.S. tapering plans remains the key question and recent data suggests caution may be warranted: the U.S. economy created the fewest jobs in seven months […]
China to Wall Street: regulatory crackdown not aimed at restricting private firms
September 20, 2021 By Norihiko Shirouzu and Scott Murdoch BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week. The actions instead intend […]
U.S. opens probe into 30 million vehicles over air bag inflators
September 20, 2021 By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government document seen by Reuters on Sunday showed. The National Highway Traffic Safety Administration (NHTSA) on Friday opened an engineering […]
FloBiz raises $31 million to scale its neobank for small businesses in India
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India led the 18-month-old startup’s Series B financing round. Think Investments and existing […]
European shares slide 1% on global growth, taper worries
September 20, 2021 (Reuters) – European shares sank 1% to a near two-month low on Monday, tracking Asian equities lower, as investors feared major central banks would start giving cues about tapering their pandemic-era stimulus programmes at various meetings this week. The pan-European STOXX 600 index was down 1.4% by 0706 GMT, with energy and […]