October 7, 2021 TOKYO (Reuters) – Japan’s new Prime Minister Fumio Kishida is likely to continue the broad economic policies of predecessors Shinzo Abe and Yoshihide Suga, including support for the central bank’s massive stimulus programme, ratings agency Fitch said on Thursday. “The economy should benefit in the near term from an ebbing of the […]
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Australia resources minister floats A$250 billion coal lending facility
October 7, 2021 MELBOURNE (Reuters) – Australia’s resources minister has proposed setting up a government-run A$250 billion ($180 billion) lending facility for the country’s coal industry in return for supporting a net zero carbon emissions target for 2050, he said on Thursday. Resources minister Keith Pitt, a member of the junior coalition partner National Party, […]
Artist Marina Abramovic’s ‘Crystal Wall of Crying’ commemorates Jews killed in Babyn Yar massacre
October 7, 2021 By Margaryta Chornokondratenko KYIV (Reuters) – A group of people walks slowly in silence past a stand-alone thick wall made of coal with large quartz crystals sticking out of it. People pause to touch the crystals and stand close to the 40-meter-long structure, some with eyes closed. “The Crystal Wall of […]
Exclusive-Northvolt plots EV battery grab with $750 million Swedish lab plan
October 7, 2021 By Helena Soderpalm and Supantha Mukherjee STOCKHOLM (Reuters) – Northvolt plans to invest $750 million expanding its laboratory facility in Sweden, a top executive said, to meet soaring demand for lithium-ion batteries as carmakers go electric. As it aims to take on major Asian players such as CATL and LG Chem, Northvolt […]
Former Australia PM Abbott says in Taiwan to help end its isolation
October 7, 2021 TAIPEI (Reuters) – Former Australian prime minister Tony Abbott said on Thursday he was in Taiwan to help end its international isolation, offering his support to the democratically run island even in the face of what he called China’s “challenges”. Abbott, who made the comments to President Tsai Ing-wen at her office […]
German insurtech startup Getsafe adds $63 million to its Series B
Getsafe has extended its Series B round that it previously announced in December 2020. In addition to its original Series B round of $30 million, the company is adding another $63 million in fresh capital. Overall, Getsafe has raised a $93 million Series B round. Investors in today’s funding round include unnamed family offices as […]
Soccer-‘No more silence’: NWSL players return to the field
October 7, 2021 By Amy Tennery NEW YORK (Reuters) – Banners and signs declaring, “PROTECT THE PLAYERS” and “NO MORE SILENCE” ringed National Women’s Soccer League (NWSL) pitches on Wednesday as teams took to the field for the first time since sexual misconduct allegations rocked the competition. The matches were the first since a report […]
Singapore central bank to release monetary policy statement on Oct.14
October 7, 2021 SINGAPORE (Reuters) – Singapore’s central bank is set to release its monetary policy statement on Oct.14, according to an update to its calendar on Thursday. The city state will also release advanced estimates of third quarter gross domestic product data on the same day. The Monetary Authority of Singapore (MAS) is expected […]
Evergrande shareholder Chinese Estates’ stock soars on take-private offer
October 7, 2021 By Clare Jim HONG KONG (Reuters) -Shares of Chinese Estates Holdings, a former major shareholder of embattled developer China Evergrande, jumped as much as 31% on Thursday after it announced an offer to take the company private for HK$1.91 billion ($245 million). The Hong Kong developer said Solar Bright Ltd, backed by […]
Union at Exxon Beaumont, Texas, refinery faces removal vote
October 7, 2021 By Erwin Seba HOUSTON (Reuters) -Members of the union representing locked-out workers at Exxon Mobil Corp’s Beaumont, Texas, refinery have submitted a petition to force a vote on removing the union, the union and company said on Wednesday. Exxon and the local United Steelworkers union said they were notified by the U.S. […]
Reliance Retail to launch 7-Eleven stores in India
October 7, 2021 BENGALURU (Reuters) – Reliance Industries’s retail arm Reliance Retail Ventures Limited said on Thursday it has entered into a franchise agreement with 7-Eleven Inc to launch the convenience stores in India. On Tuesday, Future Retail said it ended a franchise agreement with the chain. Reliance said the first 7-Eleven store is set […]
Peru community says it won’t end Glencore mine blockade until demands met
October 7, 2021 By Marcelo Rochabrun LIMA (Reuters) -An indigenous community in Peru’s Espinar province that blocked a key mining road on Wednesday plans to continue the blockade indefinitely, a local leader said, in protest against the government and Glencore PLC’s Antapaccay copper mine. The conflict comes a day after the government defused a similar […]
Goodbye Bond, hello Walk of Fame star for Daniel Craig
October 7, 2021 LOS ANGELES (Reuters) – Daniel Craig finally got a star on Hollywood’s Walk of Fame on Wednesday, days before his last movie as James Bond opens in the United States. “No Time to Die” marks Craig’s fifth and final outing as the suave British secret agent, ending a role that has spanned […]
Taiwan will ensure regional peace, president tells French senators
October 7, 2021 TAIPEI (Reuters) – Taiwan will continue to play its role as a member of the international community and ensure regional peace and stability, President Tsai Ing-wen told a visiting delegation of French senators on Thursday amid escalating tensions with China. The four senators, lead by former defence minister Alain Richard, arrived in […]
At least 20 killed in earthquake in southern Pakistan
October 7, 2021 QUETTA, Pakistan (Reuters) -At least 20 people were killed and more than 200 injured when an earthquake struck southern Pakistan, Disaster Management Authority Director General Naseer Nasir said on Thursday. The earthquake with a magnitude of 5.7 struck in the early hours of Thursday while people were sleeping. Rescue workers said the […]
Australia says return of French ambassador to aid repair of bilateral relationship
October 7, 2021 (Refiles to fix broken link in last paragraph) By Colin Packham CANBERRA (Reuters) – Australia’s Foreign Minister Marise Payne said on Thursday the return of France’s ambassador to Canberra will help repair relations between the two countries which were damaged when Australia cancelled a $40 billion submarine contract. Australia last month walked […]
Dollar holds near 14-month high to euro on inflation fears
October 7, 2021 By Kevin Buckland TOKYO (Reuters) – The safe-haven dollar held close to a 14-month high against the euro on Thursday as a surge in energy prices fuelled worries that inflation could crimp economic growth while also prodding the Federal Reserve to act sooner to normalise policy. The U.S. currency was steady at […]
Fortescue buys 60% stake in Dutch-based renewable energy firm
October 7, 2021 (Reuters) – Fortescue Metals Group Ltd’s green energy unit said on Thursday it bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. Fortescue Future Industries (FFI) is part of Fortescue Metals’ plan to become the world’s […]
Motor racing-F1 veteran Grosjean passes Indy 500 rookie test
October 7, 2021 By Steve Keating (Reuters) – A veteran of 179 Formula One starts, Romain Grosjean was back in class on Wednesday passing his Indianapolis 500 Rookie Orientation Program (ROP), setting the 35-year-old Frenchman up for a shot at qualifying for the “Greatest Spectacle in Racing” next May. Grosjean, who made the jump to […]
Tennis-Tsitsipas anticipates fewer bathroom breaks in Indian Wells
October 7, 2021 (Reuters) – Stefanos Tsitsipas, who came under scrutiny at the U.S. Open for the timing and length of his mid-match bathroom breaks, on Wednesday said the dry conditions in Indian Wells will mean fewer trips to the restroom. “It’s very dry here,” Tsitsipas said ahead of his first match at the tournament […]
