September 14, 2021 By Yuka Obayashi TOKYO (Reuters) – Oil prices extended gains on Tuesday, hovering near a six-week high, on signs another storm could affect output in Texas this week even as the U.S. industry struggles to return production after Hurricane Ida wreaked havoc on the Gulf Coast. Brent crude rose 15 cents, or […]
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Australian home prices jump record 6.7% in Q2
September 14, 2021 SYDNEY (Reuters) – Prices for Australian residential properties in the major cities climbed a record 6.7% in the June quarter versus the previous quarter amid super-low borrowing costs and strong demand for work-at-home property. Data out on Tuesday from the Australian Bureau of Statistics showed gains across the country, led by an […]
Stop funding coal overseas, NGO group tells top investor Bank of China
September 14, 2021 By David Stanway SHANGHAI (Reuters) – Bank of China (BoC), a top global investor in coal power plants, must end the financing of such projects outside China and support clean and renewable energy instead, an alliance of 35 non-governmental organisations said on Tuesday. The comments, made in an open letter to state-controlled […]
Australia’s Victoria reports easing in COVID-19 cases
September 14, 2021 SYDNEY (Reuters) – Australia’s Victoria state on Tuesday reported an easing in new COVID-19 infections as it looks to accelerate the vaccination rollout in Melbourne’s hardest-hit suburbs, the state capital. A total of 445 new locally acquired cases were detected, down from the year’s high of 473 hit a day earlier. Two […]
China reports 92 new COVID-19 cases for Sept 13 vs 49 day ago
September 14, 2021 BEIJING (Reuters) – China reported on Tuesday 92 new confirmed coronavirus cases in the mainland for Sept. 13, compared with 49 a day earlier, according to the National Health Commission. Of the new infections, 59 were locally transmitted, all of which were in Fujian, the health authority said. That compares with 22 […]
China Evergrande warns of further property sales drop, liquidity crunch
September 14, 2021 (Reuters) -Cash-strapped developer China Evergrande Group said on Tuesday a significant drop in its property sales would continue this month due to concerns over its debt, which is likely to further deteriorate its liquidity and cash flow. The group is engaged in discussions with potential investors to sell some of its assets, […]
Takeda eyes vaccine business growth as dengue, COVID-19 shots progress – CEO
September 14, 2021 By Rocky Swift TOKYO (Reuters) – Takeda Pharmaceutical Co, which distributes Moderna Inc’s COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said. Takeda, Japan’s biggest drugmaker and among the top 10 globally after […]
Making queer stories universal: ‘Everybody’s Talking About Jamie’ premieres in London
September 14, 2021 By Mindy Burrows LONDON (Reuters) – Stars and cast members walked the pink carpet in London on Monday for the premiere of the film adaptation of the musical “Everybody’s Talking About Jamie.” The musical is based on the true story of Jamie Campbell, a 16-year-old boy from the small British […]
Japan LDP’s Ishiba may back Kono in party leadership race – report
September 14, 2021 TOKYO (Reuters) – Shigeru Ishiba, a top politician in Japan’s ruling party, has firmed up his intention not to stand in the race to replace the prime minister and is considering supporting Taro Kono, a Japanese daily reported on Tuesday. The move could increase Kono’s chances of taking over from prime minister […]
Singapore bank DBS charts ambitious plans for digital exchange
September 14, 2021 By Anshuman Daga SINGAPORE (Reuters) -Singapore’s DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital tokens gain acceptability. In an interview, DBS’s senior executives said DBS Digital Exchange, […]
Chalamet, Billie Eilish and Lil Nas X wow at youth-driven Met Gala
September 14, 2021 By Benjamin Kellerman NEW YORK (Reuters) – Actor Timothee Chalamet, singer Billie Eilish and rapper Lil Nas X kicked off a sparkling, youth-inspired Met Gala red carpet on Monday celebrating the best of American fashion. “Dune” star Chalamet, one of the four Gen Z co-chairs of the so-called Oscars of the East […]
Blinken defends Afghan withdrawal at testy U.S. congressional hearing
September 13, 2021 By Patricia Zengerle and Humeyra Pamuk WASHINGTON (Reuters) -Secretary of State Antony Blinken beat back criticism of the withdrawal of U.S. troops from Afghanistan on Monday at a contentious congressional hearing where at least two Republicans called on him to resign. In five hours of often testy exchanges with lawmakers, Blinken defended […]
Tennis-Raducanu title very special, says Murray
September 13, 2021 LONDON (Reuters) – Andy Murray has described Emma Raducanu’s U.S. Open title as “very special” after she became the first British woman to win a Grand Slam singles title for 44 years on Saturday. Nine years after Murray won the first of his three Grand Slam titles at the U.S. Open, 18-year-old […]
China Evergrande debt woes raise financing pressure on peers
September 13, 2021 By Andrew Galbraith SHANGHAI (Reuters) – China Evergrande Group’s struggles to quickly sell off assets and avert defaulting on its 1.97 trillion yuan ($305.3 billion) in liabilities is raising the risk of contagion for other privately-owned developers, fund managers and analysts say. Worries over the country’s No.2 property developer’s ability to make […]
U.S., South Korea trade chiefs discuss strengthening supply chain
September 13, 2021 WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and South Korean Trade Minister Yeo Han-koo, in a meeting on Monday, emphasized the importance of working together to strengthen supply chains, including for semiconductors, the office of the USTR said in a statement. (Reporting by Eric Beech; Editing by Mohammad Zargham) Source Link […]
U.S. Capitol Police approves plan for temporary fence around U.S. Capitol
September 13, 2021 WASHINGTON (Reuters) – The U.S. Capitol Police on Monday said in a statement it has approved plan to erect temporary fencing around the U.S. Capitol ahead of a Sept. 18 rally by supporters of the hundreds of people charged in connection with the deadly Jan. 6 riot. (Reporting by Jan Wolfe; Editing […]
The Equity crew riffs on the Intuit-Mailchimp news
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. We are back! From this morning, I suppose. But the news cycle doesn’t wait for our publishing schedule, so the Equity crew got together to yammer all about the Intuit-Mailchimp acquisition. A $12 billion deal comprised of stock […]
Biden to campaign with California governor on eve of Republican-backed recall election
September 13, 2021 By Steve Holland SACRAMENTO, Calif. (Reuters) – President Joe Biden traveled to California on Monday to campaign with Governor Gavin Newsom on the eve of a Republican-backed recall race that Democrats have cast as an attempted power grab by acolytes of former President Donald Trump. Biden planned to make an evening appearance […]
Donors pledge $1.1 billion for ‘collapsing’ Afghanistan
September 13, 2021 By Emma Farge and Michelle Nichols GENEVA/NEW YORK (Reuters) -Donors have pledged more than $1.1 billion to help Afghanistan, where poverty and hunger have spiralled since the Islamist Taliban took power, and foreign aid has dried up, raising the spectre of a mass exodus. U.N. Secretary-General Antonio Guterres, speaking halfway through a […]
UK firms need to take their post-Brexit trade opportunity -trade minister
September 13, 2021 By William James LONDON (Reuters) – British firms must do more to take advantage of new export routes opened up by Brexit, trade minister Liz Truss will say on Tuesday, calling for a shift from “defence to offence in trade” to help drive economic growth. Truss will point to government research showing […]