September 16, 2021 BUENOS AIRES (Reuters) – Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday. The draft, which must be approved by the country’s Congress, comes the same day as Argentina’s Peronist government was shaken by […]
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Australian watchdog says JBS’ deal for Rivalea raises competition concerns
September 16, 2021 (Reuters) – Australia’s competition regulator on Thursday raised concerns over meatpacker JBS SA’s proposed A$175 million ($128.3 million) acquisition of pork processor Rivalea. Brazil’s JBS in June announced an agreement to buy Rivalea from Singapore-listed QAF Ltd in a deal that would make it Australia’s market leader in pork processing. If the […]
Air New Zealand studying how to add low-emissions planes to fleet
September 16, 2021 By Jamie Freed (Reuters) – Air New Zealand Ltd said on Thursday it was studying how it could use low-carbon technologies like electric, hybrid or hydrogen powered planes to dramatically reduce emissions from shorter and regional flights as soon as 2030. The airline signed a memorandum of understanding with Airbus SE to […]
NZ says Australia’s new nuclear submarines must stay out of its waters
September 16, 2021 WELLINGTON (Reuters) – New Zealand Prime Minister Jacinda Ardern said on Thursday that Australia’s new nuclear-powered submarines would not be allowed in its territorial waters under a long standing nuclear free policy. A new Indo-Pacific security partnership announced by U.S. President Joe Biden, British Prime Minister Boris Johnson and Australian Prime Minister […]
Soccer-Pele ready for ‘extra time’ after leaving ICU
September 16, 2021 (Reuters) – Pele said he is ready for “90 minutes, plus extra time” after leaving the intensive care unit (ICU) of a Sao Paulo hospital following surgery to remove a tumour from the Brazilian soccer great’s colon. The 80-year-old, three-times World Cup winner was admitted to Alberto Einstein hospital after the tumour […]
Dollar sluggish as traders bide time before Fed meeting; kiwi jumps
September 16, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar drifted near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week’s Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus. The New Zealand dollar […]
Asian shares fall again, dollar drifts
September 16, 2021 By Alun John HONG KONG (Reuters) – Asian shares gave up early gains to fall again on Thursday, weighed by declines in China and Hong Kong, even after a strong lead-in from Wall Street which had also pushed the dollar to the lower end of its recent range. MSCI’s broadest index of […]
Exclusive-HRW: Eritrean and Tigrayan forces killed and raped refugees
September 16, 2021 By Katharine Houreld NAIROBI (Reuters) – Eritrean soldiers and Tigrayan militias raped, detained and killed Eritrean refugees in Ethiopia’s northern region of Tigray, an international rights watchdog said on Thursday. Human Rights Watch’s report detailed attacks around two camps in Tigray, where local forces have battled the Ethiopian government and their Eritrean […]
Gillmor Gang: Off the Wall
Most of us count the golden age of Michael Jackson’s career with the Quincy Jones produced global smashes of Thriller and Bad. Fueled by the stream of videos and multi-single releases (5 on Bad), the records dominated the charts, radio, and MTV. But the real breakthrough came just before with Jackson’s first solo record Off […]
AMC CEO says theaters will accept other cryptocurrencies along with Bitcoin- Tweet
September 16, 2021 (Reuters) – AMC Entertainment CEO Adam Aron said on Wednesday AMC Theatres will accept Bitcoin for online ticket and concession payments, and similarly accept other cryptocurrencies like Ethereum, Litecoin and Bitcoin Cash. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end […]
Japan PM contender Kono wants renewable energy, 5G to be focus of stimulus package
September 16, 2021 TOKYO (Reuters) – Japan’s vaccine minister Taro Kono, a contender to replace Prime Minister Yoshihide Suga, said on Thursday any new economic stimulus measures should prioritise spending on renewable energy and expansion of 5G networks nationwide. In a group interview, Kono also said it was hard to change monetary policy abruptly now […]
In remote Indian village, teacher turns walls into blackboards to close school gap
September 16, 2021 By Rupak De Chowdhuri PASCHIM BARDHAMAN, (INDIA), (Reuters) – In a small tribal village on the eastern tip of India, an enterprising teacher has turned walls into blackboards and roads into classrooms, trying to close the gap in learning brought on by prolonged school shutdowns in the country. Deep Narayan Nayak, 34, […]
Soccer-Bullet point previews of Premier League matches
September 16, 2021 (Reuters) – Match-by-match facts and statistics ahead of the fifth round of Premier League fixtures from Sept. 17-19 (times GMT): Friday, Sept. 17 Newcastle United v Leeds United (1900) * Newcastle lost both league meetings with Leeds last season, having lost just one of their previous 11 against the Yorkshire club (W7 […]
China tells firms to boost cyber, data security oversight on connected vehicles
September 16, 2021 SHANGHAI (Reuters) – China’s industry ministry published a notice on Thursday telling companies to step up cyber and data security oversight over connected vehicles, saying that security risks in the industry had become increasingly prominent. All relevant companies should establish data security management systems and regularly assess risks from network attacks, the […]
Oil slips but holds to most gains after draw in U.S. stocks
September 16, 2021 By Jessica Jaganathan SINGAPORE (Reuters) – Oil prices slipped on Thursday, but kept most of the previous day’s gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world’s largest oil consumer. Brent crude oil fell 13 cents, or 0.2%, to $75.33 a barrel by 0128 GMT, after […]
SK Innovation shareholders approve plan to split off battery business
September 16, 2021 SEOUL (Reuters) – SK Innovation Co Ltd said on Thursday its shareholders had approved the company’s proposal to separate its battery business into a new company. The decision paves the way for the battery business, a supplier for Ford Motor Co, Hyundai Motor Co and among others, to potentially raise funds and […]
Canada inflation hits 18-year-high with election just days away
September 15, 2021 By Julie Gordon OTTAWA (Reuters) -Canada’s annual inflation rate accelerated to an 18-year-high in August, driven by broad upward price pressures, data showed on Wednesday, just days before a hotly contested federal election that could see Prime Minister Justin Trudeau’s Liberals ousted. The rate rose to 4.1% in August, its fastest clip […]
Canadian Pacific clinches $27-billion Kansas City Southern deal as rival bows out
September 16, 2021 By Greg Roumeliotis (Reuters) -Canadian Pacific Railway Ltd inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern on Wednesday after Canadian National Railway Co conceded it could not save its own $29.6-billion deal for the U.S. railway. The combination will create the first direct railway linking Canada, the United States […]
US move to dislodge France from Australia submarine deal is incoherent – French ministers
September 16, 2021 PARIS (Reuters) – The United States’ decision to push France aside from a deal it had signed with Australia to procure submarines shows a lack of coherence at a time the two allies are facing common challenges in the Indo-Pacific region, France said on Thursday. The United States, Britain and Australia said […]
Billions blown as Macau casino investors fold amid gambling review
September 15, 2021 By Farah Master and Donny Kwok HONG KONG (Reuters) – Shares of Macau casino operators on Wednesday shed as much as a third of their value, losing about $18 billion, as the government kicked off a regulatory overhaul that could see its officials supervising companies in the world’s largest gambling hub. With […]