News

September 29, 2021 By Simon Jessop LONDON (Reuters) -Funds managing nearly $30 trillion in assets called on Wednesday for 1,600 of the world’s most polluting companies to “urgently” set science-based emissions reduction targets. The 220 investors, including Fidelity International and Amundi, said they had written to CEOs of firms they invest in demanding targets that […]

September 29, 2021 By David Morgan and Richard Cowan WASHINGTON (Reuters) -Democrats in Congress on Wednesday mobilized to defuse one of several crises they face this week, saying they would vote to head off an imminent government shutdown before funding expires at midnight on Thursday. The Senate could vote on Wednesday or Thursday to fund […]

September 29, 2021 By John Irish PARIS (Reuters) -France’s Armed Forces minister defended her country’s counterterrorism role in Mali and accused the military junta of hypocrisy, bad faith and wanting to delay a transition to democracy after the African country’s prime minister said Paris was abandoning it. Relations between France and its former colony have […]

September 29, 2021 By Elaine Lies TOKYO (Reuters) – The secretaries handing out ballots as Japan’s ruling party chose the next prime minister on Wednesday were all women. The power brokers and lawmakers doing the voting were overwhelmingly men. For the first time ever, two women stood in the race to become leader of the […]

September 29, 2021 By Radu-Sorin Marinas and Octav Ganea BUCHAREST (Reuters) – For 32-year-old Romanian international trucker Nicolae, Britain’s driver crisis could be just what he needs to keep his small business afloat. Britain’s shortage of about 100,000 truck drivers, the result of workers leaving the industry, Brexit and the pandemic, has caused havoc with […]

September 29, 2021 By David Kirton ZHUHAI, China (Reuters) – Some instant messaging groups used by people owed money by property giant China Evergrande Group to organize protests and discuss claims have been blocked on Tencent Holdings’ WeChat platform, group members said on Wednesday. Eight users across at least eight different groups, each numbering around […]

September 29, 2021 By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Wall Street firms are sounding alarm bells and dusting off contingency plans as fears grow that Congress may fail to reach a deal to raise the country’s debt limit in time, executives said. With federal government funding due to expire on Thursday and […]

September 29, 2021 CHICAGO (Reuters) – United Airlines does not expect its vaccine mandate to impact the company’s operations, Chief Executive Scott Kirby told CNBC on Wednesday. The comments came a day after the airline said it would start the process of firing 593 employees who failed to comply with its vaccination policy. United said […]

September 29, 2021 WASHINGTON (Reuters) – General Motors Chief Executive Mary Barra on Wednesday was named chair of the Business Roundtable, an influential group of U.S. business leaders, the automaker confirmed. Barra was elected by fellow CEOs to succeed Doug McMillon, president and CEO of Walmart, who has chaired the group since January 2020. Business […]

September 29, 2021 By Gertrude Chavez-Dreyfuss and Iain Withers NEW YORK/LONDON (Reuters) -The dollar surged on Wednesday to a fresh 10-1/2-month peak against rival currencies, boosted by increased expectations for a reduction in the U.S. Federal Reserve’s asset purchases by the end of the year and an interest rate hike, possibly in late 2022. The […]

September 29, 2021 (Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago. Many gold shops and money exchanges closed on Wednesday due to the turmoil, while the kyat’s […]

After launching into beta tests just last month, Facebook today is rolling out Reels to all Facebook users in the U.S. on both iOS and Android. The feature, Facebook’s response to TikTok, allows creators to make and share short-form video content using a variety of editing tools including those for music and audio, AR effects, […]

Satellite servicing company Starfish Space has closed $7 million in funding to accelerate the development of a space tug vehicle that can extend the life of spacecraft and get rid of orbital debris. Servicing satellites used to be nigh impossible, due to the extreme costs associated with going to orbit. Essentially, once a spacecraft was […]

September 29, 2021 BERLIN (Reuters) – Germany’s Social Democrats (SPD), who narrowly won Sunday’s national election, will not start talks with the Greens and the Free Democrats (FDP) about forming a three-way government until next week, a senior SPD politician said on Wednesday. The Greens and the liberal FDP, who are far apart on many […]

September 29, 2021 MILAN (Reuters) – Pope Francis on Wednesday praised youth climate campaigners for their efforts to tackle global warming and encouraged them to carry on with their work “for the good of humanity”. Thousands of young activists have converged on Milan this week for a Youth4Climate event, with some 400, from about 190 […]

September 29, 2021 By Sangmi Cha SEOUL (Reuters) -North Korea test-fired a newly developed hypersonic missile earlier this week, state news media KCNA reported on Wednesday, joining a race headed by major military powers to deploy the advanced weapons system. North Korea fired the missile off its east coast towards the sea, South Korea’s military […]

September 29, 2021 SAO PAULO (Reuters) – Brazilian soccer legend Pele is set to leave hospital after recovering from an operation to remove a tumour from his colon, his daughter Kely said on Wednesday. She did not say exactly when he would leave the Albert Einstein hospital in Sao Paulo but the Estado de Sao […]

September 29, 2021 (Reuters) – The Federal Reserve’s massive asset purchases helped to stabilize markets at the start of the pandemic but it will “soon” be time to start reducing them, Philadelphia Fed Bank President Patrick Harker said on Wednesday. “I am in the camp that believes it will soon be time to begin slowly […]

September 29, 2021 (Reuters) -Retailers, restaurants and providers of delivery services are scrambling to hire and retain workers ahead of the all-important holiday season as they wrestle with a tight U.S. labor market. While some are offering more work hours to existing employees to ensure their stores are sufficiently staffed during the festive season, others […]

September 29, 2021 By Hyunjoo Jin CASA GRANDE, Ariz. (Reuters) – U.S. startup Lucid Group Inc said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began production of […]