September 17, 2021 By Yew Lun Tian LUOYANG, China (Reuters) – A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer’s severe cash crunch. Work on the five-tower condominium and 16 […]
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Manchester United slips to wider loss on pandemic impact
September 17, 2021 (Reuters) – Manchester United Plc reported a wider full-year loss after a season marred by pandemic-induced lockdowns and empty stadiums hit matchday sales and commercial revenue. The English soccer club said its net loss for the year ended June 30 was 92.2 million pounds ($127.2 million), compared with a loss of 23.2 […]
Canadian National to resume previously approved share buyback
September 17, 2021 (Reuters) – Canadian National Railway Co said on Friday it would resume share repurchases under the plan approved by its board in January. The largest Canadian railroad expects to complete the remaining C$1.1 billion ($869.02 million) of share repurchases by the end of January next year. ($1 = 1.2658 Canadian dollars) (Reporting […]
China’s Xi urges Afghanistan to stamp out terrorism, vows more aid
September 17, 2021 BEIJING (Reuters) -China’s President Xi Jinping urged “relevant parties” in Afghanistan to eradicate terrorism and promised to provide more help to the war-torn nation, state news agency Xinhua said on Friday. China shares a land border with Afghanistan, where the Taliban named a new government this month. The Islamist militant group retook […]
EU fails to confirm if women, young adults at higher clot risk from AstraZeneca shot
September 17, 2021 (Reuters) – Europe’s drugs regulator said on Friday it could not confirm if women and young adults were at a higher risk of rare blood clots with low platelets following vaccination with AstraZeneca’s COVID-19 vaccine after it studied available data. Limitations in the way the data was collected meant that the European […]
Dutch PM not proposing new EU-UK security deal, EU says
September 17, 2021 BRUSSELS (Reuters) -Media reports of a possible security agreement between the European Union and Britain to be offered by Dutch Prime Minister Mark Rutte are untrue, the European Commission said on Friday. The Times of London said in an article published on Friday that Rutte, during a meeting with his British counterpart […]
Golf – Stomach bug-stricken Rahm soldiers on with eye on Ryder Cup
September 17, 2021 (Reuters) – World number one Jon Rahm has not had a solid meal since Tuesday due to a stomach bug but the golfer said he is on the mend ahead of next week’s Ryder Cup at Whistling Straits where Team Europe is looking to retain the trophy. Rahm withdrew from a PGA […]
Dollar holds near three-week high after U.S. data boost
September 17, 2021 By Tommy Wilkes LONDON (Reuters) – The dollar held near three-week highs on Friday after better-than-expected retail sales numbers in the United States boosted bets on the strength of the U.S. economy and earlier monetary policy tightening. The euro pulled itself into positive territory by the European mid-morning but at $1.1783 remained […]
Access to single market key to Hungary’s EU membership – Orban
September 17, 2021 By Gergely Szakacs BUDAPEST (Reuters) -Hungary must remain a member of the European Union to ensure continued access to the bloc’s single market, Prime Minister Viktor Orban said on Friday. Hungary and Poland have been at odds with Brussels over issues ranging from LGBT rights to media freedoms. In July, the executive […]
N.Korea accuses U.S. of double standards on missiles, hampering talks
September 17, 2021 By Hyonhee Shin SEOUL (Reuters) – North Korea’s state media accused the United States on Friday of double standards over military activities and pursuing a hostile policy towards Pyongyang that was hampering the restart of talks on the country’s nuclear weapons and missile programmes. The commentary comes after North Korea and South […]
AirAsia X aims for end-Oct creditor meetings as talks progress
September 17, 2021 By Liz Lee KUALA LUMPUR (Reuters) -Malaysia’s AirAsia X Bhd (AAX) has made “substantial progress” in months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said. Benyamin Ismail told Reuters in a telephone interview that […]
Lukewarm: rich states set to fall short of $100 billion climate funding goal
September 17, 2021 By Kate Abnett BRUSSELS (Reuters) – Wealthy countries likely missed a goal to contribute $100 billion last year to helping developing nations deal with climate change, according to the head of the Organisation for Economic Co-operation and Development (OECD), after increasing funding by less than 2% in 2019. Rich countries are under […]
Malaysia’s Top Glove posts 48% profit drop, to seek Hong Kong listing
September 17, 2021 By Liz Lee and Scott Murdoch KUALA LUMPUR (Reuters) -Malaysia’s Top Glove Corp Bhd said on Friday it will renew its listing application to push ahead with its plans to raise $1 billion in Hong Kong despite a 48% slide in its quarterly earnings. The world’s largest medical glove maker has been […]
Soccer – Still a long way to go before Messi and co shine for PSG
September 17, 2021 By Julien Pretot PARIS (Reuters) – After failing to impress in their first outing together, Lionel Messi, Neymar and Kylian Mbappe clearly have a long way to go before the most lethal attacking trio in the world, on paper, can produce the goods on the pitch for Paris St Germain. None of […]
Lloyd’s of London wants third of market’s new hires to be ethnic minorities
September 17, 2021 LONDON (Reuters) – Lloyd’s of London wants the commercial insurance market to recruit a third of its workforce from ethnic minorities, it said on Friday, as it attempts to improve diversity. Nearly 50,000 staff are employed in Lloyd’s underwriting and broking firms, which arrange specialist risks from oil rigs to footballers’ legs. […]
Biocon unit plans 15% stake sale to Serum Institute for access to vaccines
September 17, 2021 By Shivani Singh BENGALURU (Reuters) -Biocon Ltd said late on Thursday its biologics unit will sell a 15% stake to a Serum Institute of India (SII) subsidiary for access to 100 million doses of vaccines annually for 15 years, including COVID-19 shots. SII, which makes AstraZeneca’s COVID-19 shot, branded as Covishield in […]
November? December? Fed’s ‘taper’ timeline tied to volatile jobs data
September 17, 2021 By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while tying any actual change to U.S. job growth in September and beyond. Fed […]
Trial over COVID-19 outbreak in Austria’s ‘Ibiza of the Alps’ begins
September 17, 2021 By Leonhard Foeger VIENNA (Reuters) – A trial opened in Vienna on Friday over an outbreak of the coronavirus at the ski resort of Ischgl in early 2020 in which Austrian authorities stand accused of responding too slowly, possibly due to pressure from the tourist sector. The outbreak at Ischgl was Austria’s […]
Greece sees jump in international arrivals in August
September 17, 2021 ATHENS (Reuters) – International air traffic to Greece picked up strongly in August at the peak of the summer tourism season, civil aviation authority data showed on Friday. Arrivals nearly doubled in that month to 3,042,098, from 1,666,222 a year earlier when the world was gripped by the first wave of the […]
Apple and Google bow to pressure in Russia to remove Kremlin critic’s tactical voting app
Apple and Google have removed a tactical voting app created by the organization of jailed Kremlin critic, Alexei Navalny, from their respective mobile app stores in Russia. Earlier this week Reuters reported that the Russian state had been amping up the pressure on foreign tech giants ahead of federal elections — appropriating the language of […]
