News

September 30, 2021 PARIS (Reuters) – French supermarket group Carrefour’s CEO Alexandre Bompard is examining options for sector consolidation and talks have taken place with the family behind the Auchan chain of stores, French daily Le Monde reported on Thursday. Le Monde added that both Carrefour and Auchan declined to comment on reports of talks […]

September 30, 2021 BEIJING (Reuters) – China Evergrande’s wealth management unit has made a 10% repayment of wealth management products (WMPs) that are due by Sept 30, the indebted developer said on Thursday. The payment was made on Thursday and relevant funds have been issued to investors’ accounts, Evergrande said in a notice posted on […]

September 30, 2021 (Reuters) – Factbox on Saturday’s Rugby Championship test between South Africa and New Zealand: When: Oct. 2, 8.05 p.m. (1005 GMT) Where: Robina Stadium, Gold Coast (capacity: 27,400) Referee: Matthew Carley (England) Assistant referees: Damon Murphy (Australia), Jordan Way (Australia) TMO: Brett Cronan (Australia) SOUTH AFRICA World ranking: 2 Coach: Jacques Nienaber […]

September 30, 2021 By Ian Ransom MELBOURNE (Reuters) – New Zealand will look to cement their claim as top dogs in the southern hemisphere when they close the Rugby Championship against South Africa on Saturday after Argentina seek a face-saving win over Australia at the end of a wretched campaign. The undefeated All Blacks have […]

September 30, 2021 By Sankalp Phartiyal NEW DELHI (Reuters) – Telecoms group Bharti Airtel said on Thursday it will invest 50 billion rupees ($673 million) in expanding its data centre business to meet customer demand in and around India. Airtel Business chief executive Ajay Chitkara said its Nxtra unit will make the investment by 2025, […]

September 30, 2021 BANGKOK (Reuters) – Thailand plans to introduce an estimated 45.4 billion baht ($1.34 billion) in stimulus to help smaller businesses retain jobs, its planning agency said on Thursday, as the tourism-dependent country deals with a prolonged coronavirus outbreak. The government will pay firms a total of 9,000 baht ($266) for each worker […]

September 30, 2021 BEIJING (Reuters) – China’s industry ministry on Thursday published its draft rule on data security for the industry and telecommunications sectors. Authorities in the world’s No.2 economy are stepping up regulation in data handling to protect critical data, which could threaten areas such as politics, military, and China’s overseas interests. (Reporting by […]

Facebook has quietly published internal research that was earlier obtained by the Wall Street Journal — and reported as evidence the tech giant knew about Instagram’s toxic impact on teenaged girls mental health. The two slide decks can be found here and here. The tech giant also said it provided the material to Congress earlier […]

September 30, 2021 HONG KONG (Reuters) – Hong Kong’s retail sales climbed for the seventh straight month in August, helped by a stabilising COVID-19 situation, an improved labour market and economic recovery and thanks to a boost from a consumption voucher scheme (CVS). Retail sales in August rose 11.9% from a year earlier to HK$28.6 […]

September 30, 2021 LISBON (Reuters) – Lingering uncertainty about rising inflation requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must be prepared to act flexibly, ECB Governing Council member Mario Centeno said on Thursday. “Concerning the monetary policy the best answer to uncertainty is to keep […]

September 30, 2021 By Sabine Siebold BERLIN (Reuters) – Bosnia’s international peace envoy has urged European Union leaders to send a message of encouragement to the six Balkan countries seeking membership of the bloc when they meet for a summit next week. He issued his appeal as EU member states struggle to agree whether they […]

September 30, 2021 LONDON (Reuters) – The proportion of workers still on Britain’s furlough programme, which closes on Thursday, fell to 5% during the two weeks to Sept. 19, down from 6% in the previous two weeks, an official survey of businesses showed. Data from the Office for National Statistics also showed spending on payment […]

September 30, 2021 By Sangmi Cha SEOUL (Reuters) – The hit Netflix series “Squid Game” from South Korea has gone viral across the world and online by morphing childhood games popular before the digital era such as “Red Light, Green Light” into deadly survival challenges. The playground game where players stop and go at a […]

September 30, 2021 By Sarah Young, Kylie MacLellan and Will Russell LONDON (Reuters) -Britain said on Thursday that a gas station crisis caused by an acute shortage of truck drivers was back under control but many pumps remained closed in London leaving motorists searching or queuing for hours to fill their tanks. In a chaotic […]

Honda Motor Company announced plans to innovate in new business areas like electric vertical take-off and landing aircraft (eVTOL), bipedal robots and space technology. Honda R&D Co., Honda Motor Company’s (HMC) innovations arm, will be leading the effort on “outside-the-box research on technologies that will bring about new value for people by expanding the potential […]

September 30, 2021 HONG KONG (Reuters) – Goldman Sachs has appointed Andy Tai as head of investment banking in Southeast Asia, according to an internal memo seen by Reuters. Tai, who retains his senior role as a technology, media and telecom banker at the U.S. bank, will relocate to Singapore from Hong Kong to take […]

September 30, 2021 (Reuters) – The economic difficulties in Myanmar have been caused by two waves of COVID-19 infections and the government is doing its best to resolve the situation as soon as possible, military spokesman Zaw Min Tun said on Thursday. The central bank had also been unable to meet local demand for dollars, […]

September 30, 2021 (Refiles to correct dateline to Hong Kong) HONG KONG (Reuters) -Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world’s most expensive property markets. The news comes as private home prices […]

September 30, 2021 By Stephen Jewkes and Giulio Piovaccari MILAN (Reuters) – Youth climate activists including Greta Thunberg are meeting Italy’s Prime Minister and current president of the G20 Mario Draghi on Thursday in a final push to get world leaders to match rhetoric with action before the U.N. COP26 climate summit. Thousands of young […]

September 30, 2021 TAIPEI (Reuters) – Taiwan respects U.S. commercial law and rules but will help Taiwanese companies if they receive any “unreasonable requests”, the government said on Thursday after the United States pressed firms to provide information on the semiconductor crisis. The White House asked automakers, chip companies and others last week to provide […]