News

September 15, 2021 (Reuters) – Goldman Sachs Group Inc said on Wednesday it will buy GreenSky Inc, a fintech platform that provides consumer loans for home improvement, in an all-stock deal valued at $2.24 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur) Source Link Goldman Sachs to buy lender GreenSky in […]

September 15, 2021 By Joel Schectman and Christopher Bing WASHINGTON (Reuters) -Three former U.S. intelligence operatives who worked as cyber spies for the United Arab Emirates admitted to violating U.S. hacking laws and prohibitions on selling sensitive military technology, under a deal to avoid prosecution announced on Tuesday. The operatives – Marc Baier, Ryan Adams […]

September 15, 2021 (Reuters) – Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday. Initial integration testing is expected to begin later this year, the companies added. The move comes as consumer expectations shift […]

September 15, 2021 DUBLIN (Reuters) – The Irish government’s plans to reduce its budget deficit more gradually than planned to fund spending increases is “at the limit of what is prudent”, the country’s fiscal watchdog said on Wednesday. Ministers in June scrapped plans to close the budget deficit opened up by one of Europe’s strictest […]

September 15, 2021 ULM, Germany (Reuters) – Electric-truck maker Nikola and Iveco, the commercial vehicles brand of Italy’s CNH Industrial, on Wednesday said they had agreed to test and deliver up to 25 vehicles to the port of Hamburg, one of Europe’s largest. The memorandum of understanding, which was signed during the inauguration of the […]

September 15, 2021 By Huw Jones LONDON (Reuters) -Britain’s financial watchdog set itself targets on Wednesday to help consumers by 2025 cut their losses from a growing number of scams and steer clear of investment products that are too risky. Financial fraud has rocketed during the pandemic as more consumers search on the internet for […]

September 15, 2021 By Foo Yun Chee BRUSSELS (Reuters) – EU countries will have to provide more clarity on the use and availability of radio spectrum to help the bloc meet its digital targets, the European Commission said on Wednesday, accelerating a push to reduce reliance on U.S and Chinese technologies. The EU executive also […]

September 15, 2021 By Hyonhee Shin SEOUL (Reuters) -South Korea successfully tested a submarine-launched ballistic missile (SLBM) on Wednesday, becoming the first country without nuclear weapons to develop such a system as it aims to better counter North Korea’s growing capabilities. South Korea’s missile test came the same day as North Korea fired a pair […]

September 15, 2021 ISTANBUL (Reuters) – Turkey’s central bank said on Wednesday that it has formed the Digital Turkish Lira Collaboration Platform to expand its research into the potential benefits of a digital currency. The bank said it signed separate memorandums of understanding with Turkey’s HAVELSAN, ASELSAN and TUBITAK-BILGEM for the platform, which will carry […]

Electric vehicle fleet and infrastructure startup Gravity thinks it has cracked the code for urban EV charging infrastructure.  The company, which was founded in February this year, announced its construction project to convert an indoor parking garage in the middle of Manhattan into a public EV fast charging hub. When the 29-space garage on 42nd […]

September 15, 2021 By Stella Qiu and Gabriel Crossley BEIJING (Reuters) -China’s factory and retail sectors faltered in August with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions threatened the country’s impressive economic recovery. Industrial production rose 5.3% in August from a year earlier, narrowing from an increase of […]

September 15, 2021 By Robin Emmott BRUSSELS (Reuters) – The European Union must stand with Lithuania against Chinese pressure and not give in to trade threats, Slovenia’s prime minister said in a letter to fellow EU leaders, according to a copy seen by Reuters. China’s decision to withdraw its ambassador to Lithuania over a dispute […]

September 15, 2021 (Reuters) – The U.S. Open women’s final between Emma Raducanu and Leylah Fernandez attracted a bigger audience on ESPN than the men’s clash featuring calendar year Grand Slam-chasing Novak Djokovic and Russia’s Daniil Medvedev, the U.S. sports channel said. The Saturday broadcast of the women’s final peaked at 3.4 million viewers while […]

September 15, 2021 LONDON (Reuters) – Evergrande Group’s debt crisis could pose spillover risks to the broader Chinese property sector, Goldman Sachs said in a note on Wednesday. The developer, which has liabilities of nearly two trillion yuan ($305 billion), is trying to raise funds to pay lenders and suppliers as it teeters between a […]

September 15, 2021 PARIS (Reuters) -French investment company Antin Infrastructure Partners will float its shares at a price range between 20 and 24 euros in its upcoming initial public offering (IPO), the company said on Wednesday. The IPO involves a capital increase of about 350 million euros ($416 million) through the issuance of new shares […]

September 15, 2021 By Farah Master and Donny Kwok HONG KONG (Reuters) -Shares of Macau casino operators plummeted as much as a third on Wednesday, losing about $18 billion in value, as the government kicked off a regulatory overhaul that could see its officials supervising companies in the world’s largest gambling hub. With Macau’s lucrative […]

September 15, 2021 THE HAGUE (Reuters) – The first trial opened on Wednesday at a special court dealing with crimes during the 1998-1999 Kosovo conflict. Here are some key facts about the tribunal: * The Kosovo Specialist Chambers tribunal was created in 2015 to handle crimes not tried by the United Nations International Criminal Tribunal […]

September 15, 2021 By Andrew Osborn and Maxim Rodionov MOSCOW (Reuters) -Russian President Vladimir Putin said on Tuesday he was self-isolating after several members of his entourage fell ill with COVID-19, including someone he worked with in close proximity and had been in close contact with all of the previous day. Putin, who has had […]

September 15, 2021 LONDON (Reuters) -British Prime Minister Boris Johnson will reshuffle his team of ministers on Wednesday, a source in his Downing Street office said. Since winning the 2019 election with a big parliamentary majority, Johnson’s agenda has been eclipsed by the COVID-19 pandemic. “The PM will be appointing ministers this afternoon with a […]

September 15, 2021 SOFIA (Reuters) -President Rumen Radev has called Bulgaria’s third parliamentary election this year for Nov. 14 after inconclusive polls in April and July failed to produce a government, the president’s media office said on Wednesday. Radev, who is running for re-election in a presidential vote which will be held on the same […]