News

September 10, 2021 By Chris Prentice and Simon Jessop WASHINGTON/LONDON (Reuters) – Wall Street main indexes reversed early gains on Friday after data showing persistent U.S. inflation offset expectations of an easing in U.S.-China tensions after a call between President Joe Biden and China’s Xi Jinping. U.S. producer prices increased solidly in August, indicating that […]

September 10, 2021 (This Sept. 9 story corrects 4th paragraph to make it “$60 billion” instead of “$60 million,” changes first paragraph to clarify time frame) By Helen Coster (Reuters) – Nielsen’s chief executive defended the company Thursday, as the ratings behemoth comes under renewed fire from the TV industry and faces questions about the […]

September 10, 2021 By Steve Scherer HAMILTON, Ontario (Reuters) -Canada’s Prime Minister Justin Trudeau, facing potential defeat in a snap Sept. 20 election, defended on Friday his decision to go to the polls early and said his main rival would undermine the country’s fight against COVID-19. Trudeau, who heads a minority Liberal government that depends […]

China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in the world,” writes Scott W. Pink, special counsel in O’Melveny’s Data Security & Privacy practice. […]

Quizlet, a flashcard tool turned artificial intelligence-powered tutoring platform, is planning an initial public offering nearly a year after it was valued at $1 billion. According to people familiar with the matter, Quizlet is considerably far along in the process to go public. A recent job filing shows that it is hiring for senior roles […]

The desire to achieve something as simple as keeping shared electric scooters off sidewalks has driven the development of some advanced technology in the micromobility industry. Once the province of geofencing, scooter companies are so eager to get a leg up on the competition that they’re now implementing technology similar to advanced driver assistance systems […]

September 10, 2021 By Richard Lough and Forrest Crellin CALAIS, France (Reuters) – Mustafa Suleiman, 21, is resolute in his determination to reach Britain and won’t be deterred from London’s threats to intercept boats illegally carrying migrants in the Channel and send them back to France. Suleiman, who fled Sudan’s Darfur region in 2019, has […]

September 10, 2021 (Reuters) – Factbox on the U.S. Open women’s final between British 18-year-old Emma Raducanu and Canadian 19-year-old Leylah Fernandez: U.S. OPEN WOMEN’S FINAL MILESTONES * First Grand Slam final in the Open Era in the men’s and women’s game to feature two unseeded players. * First Grand Slam final to be contested […]

September 10, 2021 By Christopher Bing, Chris Prentice and Joseph Menn (Reuters) -A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry. The SEC is asking companies […]

September 10, 2021 PARIS (Reuters) -Former French Health Minister Agnes Buzyn has been put under formal investigation over her handling of the COVID-19 pandemic, a court official told Reuters on Friday. The development marks one of first cases worldwide where a leading public sector official has been held legally accountable for the handling of the […]

September 10, 2021 By Maha El Dahan and Laila Bassam BEIRUT (Reuters) -Lebanese leaders agreed a new government led by Sunni Muslim tycoon Najib Mikati https://ift.tt/3yYETTd on Friday after a year of feuding over cabinet seats that has exacerbated a devastating economic collapse, opening the way to a resumption of talks with the IMF. The […]

September 10, 2021 SAO PAULO (Reuters) – Brazilian defender Dani Alves will no longer play for Sao Paulo after he refused to return to training on Friday in a dispute over unpaid salaries, the club said. Sao Paulo’s director of football said Alves, who played for Brazil in Thursday’s World Cup qualifier against Peru, did […]

September 10, 2021 (Reuters) – Valtteri Bottas put in a ‘mega lap’ to beat Mercedes team mate Lewis Hamilton and qualify fastest on Friday for Saturday’s experimental Italian Grand Prix sprint race. The Finn, whose departure from the team at the end of the season was announced this week, did a one minute 19.555 second […]

September 10, 2021 (Reuters) – A U.S. judge on Friday issued a ruling in “Fortnite” creator Epic Games’ antitrust lawsuit against Apple Inc’s App Store, striking down some of Apple’s restrictions on how developers can collect payments in apps. The ruling comes after a three-week trial in May before Judge Yvonne Gonzalez Rogers of the […]

September 10, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and as U.S.-China trade hopes gave riskier assets a boost. About three quarters of the U.S. Gulf’s offshore oil […]

September 10, 2021 By Oliver Griffin SOACHA, Colombia (Reuters) – It has been a year since Carolina Hurtado rushed to a hospital morgue in Colombia’s capital to identify the bloodied body of her older brother Cristhian, but she still has no definitive answers about how he was killed.     Cristhian Hurtado, 27, was one of […]

September 10, 2021 MONZA, Italy (Reuters) – Formula One could turn sprint races into stand-alone events next year with more points on offer and separate from Sunday’s main grand prix, said motorsport managing director Ross Brawn. The sprint format is being experimented with at three rounds this season, for the second time in this weekend’s […]

September 10, 2021 (Reuters) – India not fielding a team for the final test against England had nothing to do with the rescheduled Indian Premier League (IPL) which left no room for the match to be postponed, England and Wales Cricket Board (ECB) CEO Tom Harrison said on Friday. With India leading the series 2-1, […]

September 10, 2021 By Kanishka Singh (Reuters) – Food-delivery companies DoorDash Inc, Grubhub Inc and Uber Eats <UBER.N> have sued New York City over a legislation to license food-delivery apps and to permanently cap commissions they can charge restaurants. The three food-delivery companies filed a lawsuit in federal court in New York late on Thursday. […]

September 10, 2021 By Jonathan Stempel NEW YORK (Reuters) -A former associate of Rudy Giuliani who helped him collect damaging information in Ukraine about U.S. President Joe Biden before the 2020 election pleaded guilty on Friday to one criminal count in a campaign finance case. Igor Fruman, 56, admitted to soliciting money from a foreign […]