News

September 22, 2021 DUBLIN (Reuters) – Northern Irish police on Wednesday arresed two more men in relation to the 2019 killing of journalist Lyra McKee in Londonderry, whose death caused outrage in the British-run province. The men, aged 24 and 29, were arrested under the Terrorism Act by officers investigating McKee’s murder, police said. The […]

September 22, 2021 LA PALMA, Spain (Reuters) – Lava poured from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, blanketing houses and fields, a day after people with homes on the path of the molten rock were allowed back briefly to recover belongings. Towers of magma burst […]

September 22, 2021 LONDON (Reuters) – The London Stock Exchange Group said it will shut its five-year old derivatives trading arm CurveGlobal after failing to win sufficient market share in interest rate futures from long-established rivals. CurveGlobal sought to win business in a sector dominated by entrenched rivals Deutsche Boerse and ICE. The LSE said […]

September 22, 2021 (This Sept. 8 story corrects first paragraph to show plan refers to purchases in the IPO, not of the company) By Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – The Indian government is considering allowing foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation’s initial public offering, […]

September 22, 2021 FRANKFURT (Reuters) – The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday. “I realise that it would be a problem if there is a very sharp cliff effect at the end of […]

September 22, 2021 BERLIN (Reuters) – Germany’s banking system is still robust despite a year and half of the COVID-19 pandemic but the crisis is not over yet, Bundesbank board director Joachim Wuermeling said on Wednesday. Wuermeling said the Bundesbank will restore normal regulatory requirements for banks but will make sure not to overburden lenders, […]

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, […]

September 22, 2021 WARSAW (Reuters) – Poland’s Constitutional Tribunal could rule on Wednesday on whether the country’s constitution or European Union treaties take precedence, a key judgement which an EU commissioner said was holding up the release of EU funds to Warsaw. Poland is involved in a series of disputes with the EU on issues […]

September 22, 2021 JAKARTA (Reuters) – Indonesia will use existing laws in a jobs creation bill passed last year to deal with issues around sustainable palm oil production, a senior official said on Wednesday, after a moratorium on new plantation permits recently ended. The Southeast Asian country, the world’s top palm oil producer, launched the […]

September 22, 2021 By Renju Jose and Paulina Duran SYDNEY (Reuters) -Police fanned out on Wednesday across the centre of Australia’s second-largest city of Melbourne, to keep a lid on a third successive day of protests over COVID-19 lockdown curbs, as the state of Victoria saw another rise in infections. More than 60 people were […]

September 22, 2021 (Reuters) – Most of the population of a Myanmar town near the Indian border have fled after buildings were set ablaze by artillery amid fighting between militia forces opposed to military rule and the army, according to residents and media reports. About 10,000 people normally live in Thantlang in Chin State, but […]

September 22, 2021 (Reuters) – European stocks rose on Wednesday, recovering from its early-week losses after debt-laden China Evergrande said it would make some interest payments, while travel and leisure stocks jumped to a 14-week high. Evergrande’s Frankfurt-listed shares jumped 15.1% after hitting multi-year lows in the previous session. The property developer said it would […]

September 22, 2021 PARIS (Reuters) – France’s public sector budget deficit is likely to come in smaller than expected this year and any extra tax income should go towards reducing the public debt, the budget oversight panel said on Wednesday.     The government is forecasting a budget deficit this year of 8.4% of gross […]

September 22, 2021 BERLIN (Reuters) – German truck maker Traton said on Wednesday that sales in September were particularly hard hit by a global shortage of chips and other car parts, and that the company expected the shortages to continue into next year. “Global supply chains are not only lacking chips but numerous other products… […]

September 22, 2021 (Reuters) – Entain’s shares jumped 10% to an all-time high on Wednesday after the gambling firm revealed a $22.4 billion takeover proposal from Boston-based DraftKings which was nearly double a bid it rejected from MGM this year. Shares rose to 24.9 pounds after the opening bell on UK’s bluechip index, below the […]

September 22, 2021 UNITED NATIONS (Reuters) – Philippines President Rodrigo Duterte said on Tuesday that anyone found to have “acted beyond bounds” in his campaign against illegal drugs would be held accountable under national laws, while appearing to reject an International Criminal Court probe. Duterte told the United Nations General Assembly he had instructed the […]

September 22, 2021 OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, said on Wednesday it will support FedEx CEO Fred Smith’s $54 million pay package at a meeting of the logistics company’s shareholders next week. The pay of the billionaire chief executive has been challenged by a labour union over the […]

September 22, 2021 By Huw Jones LONDON (Reuters) – A review of how Britain’s listed companies spell out their chances of surviving found assessments had too little detail to properly inform investors, the auditing watchdog said on Wednesday. “Clear and comprehensive disclosures on these matters are particularly important given the backdrop of the COVID-19 pandemic which caused greater uncertainty for […]

September 22, 2021 A look at the day ahead from Dhara Ranasinghe. Relief is at hand for markets on Wednesday, after China’s Evergrande said it would make a domestic bond coupon payment. U.S. stock futures, the yuan and the risk-sensitive Australian dollar are riding high, while the safe-haven yen and U.S. Treasuries are on the […]

September 22, 2021 By Kirsty Needham SYDNEY (Reuters) – France should not have been surprised that Australia cancelled a submarine contract, as major concerns about delays, cost overruns and suitability had been aired officially and publicly for years, Australian politicians said. Paris has recalled its ambassadors from Canberra and Washington, saying it was blindsided by […]