News

October 7, 2021 TAIPEI (Reuters) -Taiwan will continue to play its role as a member of the international community and ensure regional peace and stability, President Tsai Ing-wen told a visiting delegation of French senators on Thursday amid escalating tensions with China. The four senators, led by former defence minister Alain Richard, arrived in Taiwan […]

October 7, 2021 By Susan Cornwell and Makini Brice WASHINGTON (Reuters) – U.S. Senate Democrats and Republicans were expected to continue negotiating on Thursday to avert a debt crisis after Democrats showed openness to a Republican offer to allow an extension of the federal debt ceiling into December. Democrats called off an early Wednesday afternoon […]

October 7, 2021 By Karen Pierog (Reuters) – An apparent truce in the U.S. debt-ceiling standoff in Congress has offered some relief to Wall Street investors on edge about a possible debt default, but analysts are left assessing the risk of a repeat crisis as the year closes out. The heads of major banks and […]

October 7, 2021 By John Revill and Steve Holland ZURICH/WASHINGTON (Reuters) -The United States and China have agreed in principle for their presidents to hold a virtual meeting before year’s end, a senior U.S. administration official said on Wednesday, after high-level talks meant to improve communication between the two big powers. The closed-door meeting at […]

October 7, 2021 By Padraic Halpin DUBLIN (Reuters) – The European Commission will finalise measures next week it believes can lead to a resolution of post-Brexit trading issues in Northern Ireland by the end of the year or early in 2022, the top EU official dealing with the matter said on Thursday. Since Britain left […]

Four search engine rivals to Google have called on European Union lawmakers to address the tech giant’s continued dominance of the market by setting rules for search engine preference menus, arguing that the tech giant’s ability to set damaging defaults is continuing to limit how easily consumers can switch to a non-Google alternatives. In an […]

October 7, 2021 By Scott DiSavino (Reuters) – Volatility in U.S. natural gas futures jumped to a record on Tuesday on the back of an energy crunch in major world markets that has sent prices soaring globally. Natural gas prices are at record levels in Europe and Asia, as major markets like China struggle to […]

October 7, 2021 By Kirstin Ridley and Iain Withers LONDON (Reuters) -NatWest pleaded guilty on Thursday to failing to prevent the laundering of nearly 400 million pounds ($544 million), the first bank in Britain to admit to such an offence. NatWest, which is 55% taxpayer owned after a 45 billion pound plus state bailout during […]

October 7, 2021 By Joseph White and Ben Klayman DETROIT (Reuters) -General Motors Co Chief Executive Mary Barra told investors on Wednesday that the automaker plans to double revenue by 2030, expanding profits from combustion vehicles even as it rolls out new electric vehicles and new digitally powered services to catch up with Tesla Inc. […]

October 7, 2021 ZURICH (Reuters) – Credit Suisse is looking to recoup the external costs it is incurring to recover money for investors in its insolvent supply chain finance funds linked to Greensill, the Swiss bank said on Thursday. “The recovery work that (Credit Suisse Asset Management) CSAM is doing on behalf of fund investors […]

October 7, 2021 PARIS (Reuters) – France’s antitrust chief Isabelle de Silva will end her five-year mandate as head of the competition watchdog on Oct. 13, she said on Twitter earlier this week. A spokesperson for the agency confirmed de Silva’s departure, which comes as the watchdog is due to make a ruling on the […]

October 7, 2021 By Lisa Baertlein, Jonathan Saul and Siddharth Cavale LOS ANGELES (Reuters) – The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls. The dry bulk […]

October 7, 2021 By Shreyashi Sanyal (Reuters) – U.S. stock index futures bounced on Thursday after a temporary truce in the debt-ceiling standoff in Congress relieved concerns of a possible government debt default, while a dip in oil prices eased worries of higher inflation. Top U.S. Senate Republican Mitch McConnell on Wednesday floated a plan […]

October 7, 2021 LOS ANGELES (Reuters) – Daniel Craig finally got a star on Hollywood’s Walk of Fame on Wednesday, days before his last movie as James Bond opens in the United States. “No Time to Die” marks Craig’s fifth and final outing as the suave British secret agent, ending a role that has spanned […]

October 7, 2021 STOCKHOLM (Reuters) -Tanzanian novelist Abdulrazak Gurnah won the 2021 Nobel Prize in Literature, the award-giving body said on Thursday. Gurnah, whose novels include “Paradise” and “Desertion”, writes in English and lives in Britain. The prize is awarded by the Swedish Academy and is worth 10 million Swedish crowns ($1.14 million). The prizes, […]

October 7, 2021 MUMBAI (Reuters) – The International Cricket Council will change “batsman” to the gender-neutral term “batter” in its playing conditions starting from this month’s Twenty20 World Cup, the world governing body said on Thursday. The Lord’s-based Marylebone Cricket Club, the sole authority on the laws of the game since it was founded in […]

October 7, 2021 (Reuters) – Canadian pot producer Tilray Inc on Thursday reported a 43% rise in first-quarter revenue, driven by strong demand for cannabis after coronavirus-led lockdowns. The world’s largest cannabis producer by sales said its revenue rose to $168 million in the quarter ended Aug. 31 from $117.49 million a year earlier. Net […]

October 7, 2021 LONDON (Reuters) – The size and duration of a recent jump in inflation is proving greater than expected but interest rates are likely to remain relatively low in the coming years, new Bank of England Chief Economist Huw Pill said. “As the pandemic recedes and the level and composition of global demand […]

October 7, 2021 By Elizabeth Culliford (Reuters) – Snap is launching an in-app tool to educate users searching for drug-related key words on Snapchat about the dangers of drugs and is working on tools for parents to help keep teenagers safe on the service, the company said on Thursday. The announcement comes after a public […]

October 7, 2021 By Foo Yun Chee, Toby Sterling and Stephen Nellis AMSTERDAM (Reuters) – The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive and ordered it to make changes, four people familiar with the matter said, in the latest regulatory setback for the […]