September 30, 2021 LISBON (Reuters) – Lingering uncertainty about rising inflation requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must be prepared to act flexibly, ECB Governing Council member Mario Centeno said on Thursday. “Concerning the monetary policy the best answer to uncertainty is to keep […]
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Bosnia envoy urges EU to show the Balkans that Europe cares
September 30, 2021 By Sabine Siebold BERLIN (Reuters) – Bosnia’s international peace envoy has urged European Union leaders to send a message of encouragement to the six Balkan countries seeking membership of the bloc when they meet for a summit next week. He issued his appeal as EU member states struggle to agree whether they […]
One in 20 UK workers furloughed ahead of scheme’s closure: ONS
September 30, 2021 LONDON (Reuters) – The proportion of workers still on Britain’s furlough programme, which closes on Thursday, fell to 5% during the two weeks to Sept. 19, down from 6% in the previous two weeks, an official survey of businesses showed. Data from the Office for National Statistics also showed spending on payment […]
Lethal kids games drive viral fame of Netflix series “Squid Games”
September 30, 2021 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 playground game where players stop and go at a […]
Britain says fuel crisis under control, but some gas pumps still empty
September 30, 2021 By Sarah Young, Kylie MacLellan and Will Russell LONDON (Reuters) -Britain said on Thursday that a gas station crisis caused by an acute shortage of truck drivers was back under control but many pumps remained closed in London leaving motorists searching or queuing for hours to fill their tanks. In a chaotic […]
Honda Motor Co announces plans for eVTOL, avatar robots and space technologies
Honda Motor Company announced plans to innovate in new business areas like electric vertical take-off and landing aircraft (eVTOL), bipedal robots and space technology. Honda R&D Co., Honda Motor Company’s (HMC) innovations arm, will be leading the effort on “outside-the-box research on technologies that will bring about new value for people by expanding the potential […]
Goldman Sachs appoints Tai as Southeast Asia investment banking head – memo
September 30, 2021 HONG KONG (Reuters) – Goldman Sachs has appointed Andy Tai as head of investment banking in Southeast Asia, according to an internal memo seen by Reuters. Tai, who retains his senior role as a technology, media and telecom banker at the U.S. bank, will relocate to Singapore from Hong Kong to take […]
Myanmar military blames economic situation on COVID-19 waves
September 30, 2021 (Reuters) – The economic difficulties in Myanmar have been caused by two waves of COVID-19 infections and the government is doing its best to resolve the situation as soon as possible, military spokesman Zaw Min Tun said on Thursday. The central bank had also been unable to meet local demand for dollars, […]
Hong Kong developer to research how to tackle chronic housing shortage
September 30, 2021 (Refiles to correct dateline to Hong Kong) HONG KONG (Reuters) -Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world’s most expensive property markets. The news comes as private home prices […]
Thunberg and other youth activists meet Draghi to push on climate talks
September 30, 2021 By Stephen Jewkes and Giulio Piovaccari MILAN (Reuters) – Youth climate activists including Greta Thunberg are meeting Italy’s Prime Minister and current president of the G20 Mario Draghi on Thursday in a final push to get world leaders to match rhetoric with action before the U.N. COP26 climate summit. Thousands of young […]
Taiwan, on chip information request, says respects US laws
September 30, 2021 TAIPEI (Reuters) – Taiwan respects U.S. commercial law and rules but will help Taiwanese companies if they receive any “unreasonable requests”, the government said on Thursday after the United States pressed firms to provide information on the semiconductor crisis. The White House asked automakers, chip companies and others last week to provide […]
Ireland to back global tax deal if concerns met – minister
September 30, 2021 DUBLIN (Reuters) -Ireland will likely sign up to an overhaul of global corporate tax rules if certainty is brought to bear on its concerns when an updated text of the OECD’s proposals is published shortly, Finance Minister Paschal Donohoe said on Thursday. Ireland, the low-tax European headquarters for a number of the […]
China seeks to quell power crunch fears, as coal prices soar, winter nears
September 30, 2021 (This Sept. 29 story refiles to correct spelling of name in list of reporters on the story) By Gabriel Crossley and Shivani Singh SHENYANG, China (Reuters) – China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s […]
Rugby League-Crowd reduced for NRL final due to COVID-19 restrictions
September 30, 2021 (Reuters) – Australia’s National Rugby League (NRL) final between Penrith Panthers and South Sydney Rabbitohs on Sunday will be played in front of a reduced crowd of 39,000 in Brisbane because of new COVID-19 restrictions, the league said on Thursday. The move follows Queensland Premier Annastacia Palaszczuk’s announcement of stage-two coronavirus restrictions […]
MLB roundup: Brewers end Cards’ win streak at 17
September 30, 2021 Daniel Vogelbach hit a two-run homer as the visiting Milwaukee Brewers snapped the St. Louis Cardinals’ 17-game winning streak with a 4-0 victory Wednesday. Adrian Houser (10-6) and relievers Brent Suter, Brad Boxberger and Aaron Ashby combined on a three-hitter for the Brewers, who have won four of their last five games. […]
BOJ’s Kuroda says consumption stagnating, outlook highly uncertain
September 30, 2021 TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Thursday warned that consumption is stagnating at “low levels” with the outlook heavily reliant on developments regarding the COVID-19 pandemic. “The timing and pace of recovery in consumption remains highly uncertain,” Kuroda said in a speech delivered at an online annual meeting […]
European equities on course to end volatile September on bright note
September 30, 2021 (Reuters) – European stocks rose on Thursday, extending gains after a bruising sell-off earlier this week as lingering worries about slowing global economic growth and higher inflation put the main markets on course for a monthly drop. The pan-regional STOXX 600 index rose 0.6% by 0718 GMT, led by defensive sectors such […]
Christmas prices will rise in Britain, truckers say
September 30, 2021 By Guy Faulconbridge and Ben Makori TATSFIELD, England (Reuters) – Truck drivers have a cautionary message for British Prime Minister Boris Johnson: an acute shortage of drivers is ratcheting up their wages and that will have a knock-on effect on prices for food and gifts in the run-up to Christmas. An air […]
Facebook faces threat of huge fine in Russia over banned content -report
September 30, 2021 MOSCOW (Reuters) – Russia may seek to fine social media giant Facebook up to 10% of its annual turnover in the country for a repeated failure to delete content which Moscow deems illegal, the Vedomosti daily reported on Thursday. State communications regulator Roskomnadzor said Facebook’s repeated violations could see it fined 5% […]
Marketmind: One coin to rule them all
September 30, 2021 A look at the day ahead from Julien Ponthus That the practicalities of minting a U.S. trillion-dollar coin are actually being debated says a lot about the zeitgeist of this final day of Q3 2021. Yes, #MintTheCoin is a thing and while the idea of Treasury Secretary Janet Yellen raising $1,000,000,000,000 through […]
