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September 24, 2021 PESHAWAR, Pakistan (Reuters) – The Taliban’s new defence minister has issued a rebuke over misconduct by some commanders and fighters following the movement’s victory over the Western-backed government in Afghanistan last month, saying abuses would not be tolerated. Mullah Mohammad Yaqoob said in an audio message that some “miscreants and notorious former […]

September 24, 2021 TAIPEI (Reuters) – Taiwan’s export orders grew less than forecast in August on unexpectedly weaker demand for new smartphones, though the government said the demand outlook for the island’s tech goods remains good. Taiwan’s export orders, a bellwether of global technology demand, jumped 17.6% from a year earlier to $53.5 billion in […]

September 24, 2021 By Shilpa Jamkhandikar and Sankalp Phartiyal MUMBAI (Reuters) – A merger of India’s Zee and a domestic unit of Japan’s Sony Group Corp will create a television powerhouse to grab more advertising revenue, challenging top rival Walt Disney Co in a key growth market, industry officials said. The Sony-Zee alliance, with about […]

September 24, 2021 ROME (Reuters) – – Morale amongst Italian businesses slipped for a second month running in September but consumer confidence jumped to its highest level for more than 23 years, data showed on Friday. National statistics institute ISTAT’s manufacturing confidence index edged down to 113.0 in September from 113.2 in August, but was still above […]

September 24, 2021 By Saikat Chatterjee LONDON (Reuters) -Global equity funds saw their first outflows in 2021 as rising pessimism about U.S. President Joe Biden’s spending plans triggered large outflows, while cash, government, debt and gold saw heavy inflows, a weekly round-up by BofA showed on Friday. U.S. stocks are on track to post their […]

September 24, 2021 LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/GERMANY’S ‘MUTTI’ BOWS OUT Sunday’s German election is a close call and stakes for Europe’s biggest economy couldn’t be higher. After 16 years of steady, […]

September 24, 2021 By Huw Jones LONDON (Reuters) – New York easily kept the top spot in the latest Global Financial Centres Index (GFCI), while London held on to second place as Chinese cities slipped, according to the ranking published on Friday. The index, published by the Z/Yen Group in partnership with think-tank China Development […]

September 24, 2021 By Clare Jim HONG KONG (Reuters) – China Evergrande Group has missed a dollar bond interest payment deadline, moving closer to a potential default and fuelling worries about a collapse that could send shockwaves through China’s economy and beyond. WHAT IS EVERGRANDE? Chairman Hui Ka Yan founded Evergrande in Guangzhou in 1996. […]

September 24, 2021 BERLIN (Reuters) – German business morale fell for the third month running in September, hit by supply chain problems that are causing a “bottleneck recession” for manufacturers in Europe’s largest economy, a survey showed on Friday. The Ifo institute said its business climate index fell to 98.8 from an upwardly revised 99.6 […]

September 24, 2021 LOS ANGELES (Reuters) – Former supermodel Linda Evangelista has filed a $50 million lawsuit over cosmetic procedures that she says left her “brutally disfigured” and turned her into a recluse. The Canadian model, one of the biggest figures on runways and magazine covers in the 1990s, said in an Instagram post that […]

September 24, 2021 HONG KONG (Reuters) – Debt-ridden property developer Evergrande Group missed a dollar bond interest payment deadline, moving closing to a potential default and fuelling worries that a collapse could send shockwaves through China’s economy and beyond. Here is a timeline of events leading to Evergrande’s debt problems and what the developer has […]

September 24, 2021 LONDON (Reuters) – Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat about the economic outlook, a survey showed on Friday. The GfK Consumer Confidence Index fell to -13 in September from -8 in August, the […]

September 24, 2021 By Sarah Young, Victor Jack and Kate Holton LONDON (Reuters) -Britain on Friday vowed to do whatever it takes to resolve a trucker shortage that has forced oil giant BP to close some petrol stations and strained supermarket supply chains to breaking point. Just as the world’s fifth largest economy emerges from […]

September 24, 2021 MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in […]

September 24, 2021 BENGALURU (Reuters) – The California State Teachers’ Retirement Fund (CalSTRS) has decided to vote against the appointment of Saudi Aramco’s chairman as an independent director to the board of Mukesh Ambani’s Reliance Industries, BloombergQuint reported. The U.S. pension fund held 5.3 million fully and partly paid shares of Reliance Industries, as of […]

September 24, 2021 (Reuters) – European stocks slipped at the open on Friday on lingering worries about troubled property developer China Evergrande, with mining and retail stocks exposed to the Asian country among the biggest decliners. The regionwide STOXX 600 index slipped 0.5% after a three-day run of gains. Miners, automakers and retailers fell more […]

September 24, 2021 BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban said on Friday he aimed to speed up an extra month of payment to pensioners as he ramps up a pre-election spending spree. Ahead of what is expected to be a tight election early next year, Orban has showered the electorate with handouts, including […]

September 24, 2021 MADRID/ROME (Reuters) – Catalan separatist leader Carles Puigdemont, who was detained by Italian police in Sardinia, must face justice in Spain, the Spanish government said on Friday ahead of an extradition hearing. “Mr. Puigdemont must submit to the action of the courts, exactly like any other citizen,” Spanish Prime Minister Pedro Sanchez’s […]

September 24, 2021 By Daina Beth Solomon CIUDAD ACUNA, Mexico (Reuters) – Mexican officials are urging Haitians on the Texas border trying to reach the United States to give up and return to Mexico’s frontier with Guatemala to request asylum, even as discontent grows over the treatment meted out to the beleaguered migrants. Up to […]

September 24, 2021 TOKYO (Reuters) – Japan’s factory output likely fell again in August as the country’s manufacturing sector faced supply chain disruptions driven by a global chip shortage and the spread of the Delta coronavirus variant in Southeast Asia. Retail sales also likely eased in August after a sharp rise in July, according to […]