News

October 7, 2021 TOKYO (Reuters) – Japanese oil company Eneos Holdings Inc plans to buy Japan Renewable Energy for about 200 billion yen ($1.8 billion) from Goldman Sachs and Singaporean sovereign wealth fund GIC, the Nikkei business daily reported on Thursday. The deal would mark the first major purchase of a renewables firm by a […]

Analysts say the value of e-commerce in Africa is expected to reach $29 billion next year, yet Africans still find it difficult to make international payments for products online. Cards, M-Pesa, bank transfer and mobile money, are the most common methods Africans use to make payments. But while various payment gateways have provided better experiences […]

Webrazzi, the main tech startup media title in Turkey, has acquired Tech.eu, the long-time tech startup site in Europe. The pooled entity of Webrazzi and Tech.eu will now offer combined editorial, data, and research platforms offering news and market intelligence. The terms of the deal were not disclosed. Launched in 2006 by Arda Kutsal, Webrazzi […]

October 7, 2021 (Reuters) -American teenager Coco Gauff has urged U.S. Open champion Emma Raducanu to be wary of social media following the Briton’s maiden Grand Slam triumph at Flushing Meadows last month. Raducanu, who became the first qualifier to win a major, has since gained thousands of new followers on social media, setting up […]

October 7, 2021 By Jamie Freed (Reuters) – Air New Zealand Ltd is operating less than one-third of its usual domestic capacity due to tough COVID restrictions in Auckland and doubts whether a travel bubble with Australia will reopen, the airline’s chief executive said on Thursday. “We’re running almost 100% outside of Auckland,” Air New […]

October 7, 2021 By Jamie Freed (Reuters) – Air New Zealand Ltd is operating less than one-third of its usual domestic capacity due to tough COVID restrictions in Auckland and doubts whether a travel bubble with Australia will reopen, the airline’s chief executive said on Thursday. “We’re running almost 100% outside of Auckland,” Air New […]

October 7, 2021 BERLIN (Reuters) – German industrial output dropped by far more than expected in August due to supply chain disruptions that are holding back growth in Europe’s biggest economy, official data showed on Thursday. The Federal Statistics Office said industrial output fell by 4.0% on the month after an increase of 1.3% in […]

October 7, 2021 By Katya Golubkova and Vladimir Soldatkin MOSCOW (Reuters) -Europe’s biggest gas firms say the continent’s top supplier Gazprom is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a dispute about whether it could do more to ease the price pain in a red-hot spot market. The […]

October 7, 2021 By Victoria Waldersee BERLIN (Reuters) – With final approval for its German factory potentially just weeks away, Tesla’s Elon Musk will make an appearance in the tiny town of Gruenheide this Saturday to host a county fair. Despite pandemic-related curbs limiting gatherings in Germany to under 5,000 people, Tesla applied for – […]

October 7, 2021 By Leika Kihara TOKYO (Reuters) -The Bank of Japan cut its economic assessment for five of the country’s nine regions on Thursday as supply constraints disrupted factory output of cars and other products, clouding the outlook for the export-reliant economy. In a sign of the broadening damage from the global chip and […]

October 7, 2021 By Karen Pierog (Reuters) – An apparent truce in the U.S. debt-ceiling standoff in Congress has offered some relief to Wall Street investors on edge about a possible debt default, but analysts are left assessing the risk of a repeat crisis as the year closes out. The heads of major banks and […]

October 7, 2021 By Budi Purwanto PETUNGKRIYONO FOREST, Indonesia (Reuters) – Indonesian officials and researchers are working to preserve a small pocket of forest on the heavily populated island of Java as the habitat of the Javan gibbon, which they say is endangered by climate change and human encroachment. Also known as the silvery gibbon, […]

October 7, 2021 By Emma Rumney JOHANNESBURG (Reuters) – Thandi Mkhabela’s money used to slip through her fingers. Now the 34-year-old mother of four earns interest on monthly savings, has paid off debts and is planning to extend her house in a township just outside Johannesburg, without ever dealing with a bank. Mkhabela’s improved financial […]

October 7, 2021 By Isla Binnie MADRID (Reuters) – A vicious cycle linking the depletion of natural resources with violent conflict may have gone past the point of no return in parts of the world and is likely to be exacerbated by climate change, a report said on Thursday. Food insecurity, lack of water and […]

October 7, 2021 TOKYO (Reuters) – The Bank of Japan cut its assessment for five of the country’s nine regions on Thursday as the economy took a hit from supply constraints and a spike in coronavirus infections during the summer. “While some regions saw the rebound in their economies moderating, many maintained the view that […]

October 7, 2021 By Kate Abnett and Simon Jessop BRUSSELS (Reuters) – The environmental law firm ClientEarth has warned the European Union that it would be breaching its own laws if it labels investments in gas-fuelled energy as “green” in upcoming finance regulations. In a Wednesday letter to the bloc’s executive seen by Reuters, ClientEarth […]

October 7, 2021 SYDNEY (Reuters) -Football Australia (FA) announced an independent complaint management procedure on Wednesday after recently retired international striker Lisa De Vanna said she had been the victim of sexual assault, harassment and bullying during her career. De Vanna made her initial allegations in response to a Twitter post by Megan Rapinoe, in […]

October 7, 2021 JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed into law the government’s proposals to overhaul tax regulations, deputy speaker Muhaimin Iskandar said, including raising the value added tax rate next year and scrapping a planned corporate tax cut. The law also brings in a 35% income tax for those earning more than […]

October 7, 2021 By Foo Yun Chee BRUSSELS (Reuters) – DuckDuckGo and three other search engine rivals to Google on Thursday urged EU lawmakers to take action against the Alphabet unit via new tech rules, saying they have yet to see positive results from an antitrust ruling against Google. The European Commission in 2018 levied […]

October 7, 2021 By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) -OPEC+’s decision on Monday to stick with a plan to raise oil output modestly and gradually, despite prices surging to multi-year highs, was partly driven by concern that demand and prices could weaken, sources close to the group told Reuters. The other […]