September 24, 2021 By David Morgan and Richard Cowan WASHINGTON (Reuters) -The U.S. House of Representatives approved legislation on Friday to protect abortion services against growing Republican-backed state restrictions, including a Texas law that imposes a near-total ban on abortion, but it is unlikely to pass the Senate. The Democratic-controlled House voted 218-211 largely along […]
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U.S. grants licenses for more aid flow to Afghanistan despite sanctions
September 24, 2021 By Daphne Psaledakis UNITED NATIONS (Reuters) -The United States on Friday further paved the way for aid to flow to Afghanistan despite U.S. sanctions on the Taliban, who seized control of the country last month, issuing general licenses amid concern that Washington’s punitive measures could compound an unfolding humanitarian crisis. The U.S. […]
Golf – Europe post first point but U.S. move 3-1 ahead after Ryder Cup foursomes
September 24, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – Holders Europe put the first point on the board as the eagerly-awaited Ryder Cup began on Friday but a partisan home crowd roared the United States into a 3-1 lead after the opening foursomes at a sun-drenched Whistling Straits. Sergio Garcia, Europe’s leading Ryder Cup […]
Intel breaks ground on $20 billion Arizona plants as U.S. chip factory race heats up
September 24, 2021 By Stephen Nellis (Reuters) – Intel Corp on Friday broke ground on two new factories in Arizona as part of its turnaround plan to become a major manufacturer of chips for outside customers. The $20 billion plants – dubbed Fab 52 and Fab 62 – will bring the total number of Intel […]
European stocks slip on Evergrande woes, weak German business morale
September 24, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks fell on Friday as worries about troubled property developer China Evergrande and weak German business confidence data prompted investors to book some profits after a mid-week rally. European sportswear makers Adidas, Puma and JD Sports fell about 3% each after U.S. rival Nike […]
NFL – Return of American football brings joy amid COVID-19 malaise
September 24, 2021 By Rory Carroll LOS ANGELES (Reuters) – The return of fans to NFL games this season has come as a welcome boost to a nation reeling from the COVID-19 pandemic, which has claimed thousands of lives and forced changes to almost every facet of American life. Fans were largely shut out of […]
Nexi exec says group interested in digital euro, no formal talks with ECB
September 24, 2021 MILAN (Reuters) – Nexi is interested in working on a digital version of the euro, but there are no formal talks with the European Central Bank (ECB), the Italian payment group’s corporate and external affairs director Saverio Tridico said on Friday. Nexi CEO Paolo Bertoluzzo was quoted by CNBC as saying on […]
‘Death sentence’: low-lying nations implore faster action on climate at U.N
September 24, 2021 By Daphne Psaledakis and Michelle Nichols UNITED NATIONS (Reuters) – Faced with what they see as an existential threat, leaders from low-lying and island nations implored rich countries at the United Nations General Assembly this week to act more forcefully against a warming planet. The failure by developed economies to effectively curb […]
FCC showers schools across the U.S. with $1.2B from Emergency Connectivity Fund
The FCC has sent out the first checks from its Emergency Connectivity Fund, an effort to help close the “homework gap” at schools by covering the cost of computers and internet services. Thousands of school districts, in every state plus D.C., Guam and Puerto Rico, will split this first $1.2 billion distribution, and there’s still […]
California makes zero-emission autonomous vehicles mandatory by 2030
Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. More posts by this contributor GM details the motors that will power its electric Hummer and other EVs Google’s updated iOS 15 apps support Focus Mode and iPad widgets Starting in 2030, California will require all light-duty autonomous vehicles that operate in the state […]
Mercedes-Benz customers waiting more than a year for cars due to chip shortage – CEO in FAZ
September 24, 2021 BERLIN (Reuters) – Mercedes-Benz customers are facing waiting times of more than a year for their orders because of interruptions to production caused by chip shortages, Daimler Chief Executive Ola Kallenius told a German newspaper in an interview on Friday. “Demand is huge at Mercedes-Benz and at the same time there are […]
Generali’s appointments committee backs keeping Donnet as CEO -sources
September 24, 2021 MILAN (Reuters) -Generali’s appointments committee recommended that the board finalise a slate of nominees for its renewal keeping Philippe Donnet as CEO for another term, three sources close to the situation told Reuters on Friday. Generali’s board meets on Monday to discuss whether to submit its own slate of nominees, including Donnet, […]
China Evergrande stares into the void as interest deadline passes
September 24, 2021 NEW YORK (Reuters) – A deadline passed on Thursday for China Evergrande, the world’s most indebted property company, to pay $83.5 million in interest on a dollar bond. With $305 billion in liabilities, Evergrande is struggling to meet debt obligations and global markets are watching for signs of default. Here is a […]
Beat the early bird deadline and save $100 on passes to TC Sessions: SaaS 2021
Is it just us or has everyone’s calendar hit warp factor 9? We can’t believe there are only 34 days left before TC Sessions: SaaS 2021 kicks into high gear on October 27. If you don’t have your pass yet, the clock on early-bird savings is winding down fast. Time to bump that quick task […]
Fed’s Mester supports taper start in November, sees rate hike in 2022
September 24, 2021 (Reuters) -The Federal Reserve should start reducing its support for the economy in November and could start raising interest rates by the end of next year should labor markets continue to improve as expected, Cleveland Federal Reserve Bank President Loretta Mester said on Friday. The Fed promised to keep buying $120 billion […]
U.S. new home sales beat expectations; supply increases
September 24, 2021 By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes increased for a second straight month in August, but demand for housing has probably peaked after a COVID-19 pandemic-fueled buying frenzy. New home sales rose 1.5% to a seasonally adjusted annual rate of 740,000 units last month, the Commerce Department said […]
Climate change activists briefly block UK’s Port of Dover
September 24, 2021 LONDON (Reuters) -Climate change protesters on Friday blocked the entrance and exit to the Port of Dover, Europe’s busiest trucking port, after causing disruption earlier this month to Britain’s busiest motorway. About 40 activists from the environmental group Insulate Britain briefly brought to a standstill all traffic to and from the Port […]
How to tell if the Evergrande crisis is spilling beyond China
September 24, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Worries surrounding debt-strapped property developer China Evergrande have put investors on guard for evidence that the crisis may be spilling over into broader markets. Evergrande, once China’s top-selling property developer, owes $305 billion, has run short of cash, and investors are worried a collapse could […]
Trudeau’s return to power with big spending plans could fuel Canada’s hot inflation
September 24, 2021 By Fergal Smith TORONTO (Reuters) – Prime Minister Justin Trudeau risks further fueling Canada’s hot inflation if he presses ahead with spending plans outlined during the election campaign, which could pressure the Bank of Canada to hike interest rates sooner than planned. Trudeau’s Liberals have pledged C$78 billion ($61.6 billion) in new […]
Biden cites stalemate over spending but confident bills will pass
September 24, 2021 WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said he recognized spending bills to address infrastructure and other spending were at a standstill in Congress despite his fellow Democrats’ majorities, but said he was confident the measures would pass. Speaking to reporters at the White House, Biden acknowledged his economic plan […]