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September 13, 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 […]

September 13, 2021 (Reuters) – Goldman Sachs said Hurricane Ida had a larger impact on oil production than on refinery demand, causing a net “bullish” impact on U.S. and global storage levels. The investment bank, in a note dated Sept. 9, described the hit to U.S. output as “historically large” and expects almost 40 million […]

September 13, 2021 LONDON (Reuters) – Hedge fund Brevan Howard said on Monday it had hired CMT Digital Chief Executive Colleen Sullivan to lead the firm’s private and venture investments in crypto. Sullivan, who specialised in crypto-asset trading and blockchain technology investments at trading firm CMT, will also chair the investment committee of a new […]

September 13, 2021 (Reuters) – European stocks rose on Monday, with automakers, banks and oil shares driving early gains as investors counted on a strong euro zone economic recovery to outweigh global slowdown worries. The pan-European STOXX 600 index was up 0.4%, as of 0708 GMT, recovering lost ground after hitting a three-week low last […]

September 13, 2021 LONDON (Reuters) – An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550 market professionals globally, 58% of respondents said they expected […]

September 13, 2021 (Reuters) – The Indian government is looking to tax cryptocurrency trades and ecosystem in the country, news website ET Now tweeted on Monday, citing sources. The tax department is in favour of taxing crypto exchanges and trades and the government feels that any activity that generates income must pay tax, ET Now […]

September 13, 2021 By Michael Kahn and Jason Hovet PRAGUE (Reuters) – For Czech gun maker CZG-Ceska Zbrojovka Group, its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name. Shares of CZG, […]

September 13, 2021 By Susanne Neumayer-Remter Tanya Wood Petra Wischgoll BERLIN/COLOGNE, Germany (Reuters) – German Chancellor Angela Merkel has become a feminist icon after 16 years in power even though the world’s most powerful woman has only belatedly accepted that label as she prepares to step down, and conceded that gender equality is still a […]

September 13, 2021 OSLO (Reuters) – Norway was voting on Monday on the final day of a parliamentary election dominated by climate change and economic inequality, with the centre-left opposition widely expected to replace a Conservative-led government that has ruled for eight years. Norway’s status as a major oil and gas producer https://ift.tt/3k59iLo has been […]

September 13, 2021 OSLO (Reuters) – Norwegians will vote on Sept. 12-13 to pick a parliament and government for the next four years, with opinion polls showing the centre-left opposition is poised to win power after eight years of Conservative-led rule. Exit polls and forecasts based on early votes will be published on Monday at […]

September 13, 2021 Cristian Arango scored twice, including a goal 20 seconds into the game, and a Real Salt Lake own goal was the difference in Los Angeles FC’s 3-2 win over visiting Real Salt Lake Sunday night in Major League Soccer at Banc of California Stadium. LAFC (8-9-6, 30 points) has 10 goals in […]

September 13, 2021 (Reuters) – The relative price valuations of Asian equities compared with their global peers are at a near 14-month low, data showed, after their lacklustre performance due to worries over slowing growth and the spread of the Delta-variant of coronavirus this year. According to Refinitiv data, the MSCI Asia-Pacific index’s forward 12-month […]

September 13, 2021 LONDON (Reuters) – British engineering company Rolls-Royce said it agreed to sell its 23.1% stake in AirTanker Holdings, the owner of 14 A330 refuelling jets, for 189 million pounds ($261 million), in its latest disposal aimed at reducing debt. The aero-engine maker wants to sell 2 billion pounds worth of assets to […]

September 13, 2021 HANOI (Reuters) – Vietnam’s coronavirus outbreak epicentre Ho Chi Minh City will extend its restrictions, state media reported on Monday, as the capital Hanoi and several provinces sought an easing of curbs and the aviation authority proposed domestic flights resume. Ho Chi Minh City authorities said an extension until the end of […]

September 13, 2021 (Reuters) – Deposed Myanmar leader Aung San Suu Kyi was unable to attend a scheduled court hearing for health reasons, a member of her legal team said on Monday, describing her condition as dizziness caused by motion sickness. Min Min Soe told Reuters Suu Kyi, 76, who has been detained on various […]

September 13, 2021 (Reuters) – 1/WANTED: PRIME MINISTER In the wide-open contest to be Japan’s next premier, hopefuls have until Friday to announce intentions. For now, it’s a three-horse race: The favourite, COVID-19 vaccine minister Taro Kono, ex-foreign minister Fumio Kishida and ex-internal affairs minister Sanae Takaichi – the first woman to bid for the […]

September 13, 2021 SHANGHAI (Reuters) – China’s regulatory crackdown has ensnared sectors from technology to education to property, wiping hundreds of billions off the market capitalisations of some of its largest companies and putting investors on alert over who may be next. Here are some of the largest names that have been affected so far: […]

September 13, 2021 (Reuters) – Defunct airline Jet Airways is set to resume domestic operations in the first quarter of 2022, the Jalan Kalrock Consortium, the successful resolution applicant of the carrier, said on Monday. (Reporting by Chandini Monnappa in Bengaluru; editing by Uttaresh.V) Source Link India’s Jet Airways to resume domestic operations in first […]

September 13, 2021 BENGALURU (Reuters) – Budget airline SpiceJet said on Monday it has settled with another lessor of Boeing Co’s MAX aircraft, CDB Aviation, as it looks to start operating the aircraft by the end of September after India cleared the 737 MAX to fly last month. The 737 MAX was grounded worldwide in […]

September 13, 2021 (Reuters) -“Fortnite” game maker Epic Games on Sunday said in a legal filing that it plans to appeal a ruling in its antitrust case against Apple Inc after a federal judge on Friday handed down a mixed decision. The judge on Friday said Apple would have to loosen some rules on developers. […]