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September 30, 2021 DUBLIN (Reuters) -Ireland will likely sign up to an overhaul of global corporate tax rules if certainty is brought to bear on its concerns when an updated text of the OECD’s proposals is published shortly, Finance Minister Paschal Donohoe said on Thursday. Ireland, the low-tax European headquarters for a number of the […]

September 30, 2021 (This Sept. 29 story refiles to correct spelling of name in list of reporters on the story) By Gabriel Crossley and Shivani Singh SHENYANG, China (Reuters) – China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s […]

September 30, 2021 (Reuters) – Australia’s National Rugby League (NRL) final between Penrith Panthers and South Sydney Rabbitohs on Sunday will be played in front of a reduced crowd of 39,000 in Brisbane because of new COVID-19 restrictions, the league said on Thursday. The move follows Queensland Premier Annastacia Palaszczuk’s announcement of stage-two coronavirus restrictions […]

September 30, 2021 Daniel Vogelbach hit a two-run homer as the visiting Milwaukee Brewers snapped the St. Louis Cardinals’ 17-game winning streak with a 4-0 victory Wednesday. Adrian Houser (10-6) and relievers Brent Suter, Brad Boxberger and Aaron Ashby combined on a three-hitter for the Brewers, who have won four of their last five games. […]

September 30, 2021 TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Thursday warned that consumption is stagnating at “low levels” with the outlook heavily reliant on developments regarding the COVID-19 pandemic. “The timing and pace of recovery in consumption remains highly uncertain,” Kuroda said in a speech delivered at an online annual meeting […]

September 30, 2021 (Reuters) – European stocks rose on Thursday, extending gains after a bruising sell-off earlier this week as lingering worries about slowing global economic growth and higher inflation put the main markets on course for a monthly drop. The pan-regional STOXX 600 index rose 0.6% by 0718 GMT, led by defensive sectors such […]

September 30, 2021 By Guy Faulconbridge and Ben Makori TATSFIELD, England (Reuters) – Truck drivers have a cautionary message for British Prime Minister Boris Johnson: an acute shortage of drivers is ratcheting up their wages and that will have a knock-on effect on prices for food and gifts in the run-up to Christmas. An air […]

September 30, 2021 MOSCOW (Reuters) – Russia may seek to fine social media giant Facebook up to 10% of its annual turnover in the country for a repeated failure to delete content which Moscow deems illegal, the Vedomosti daily reported on Thursday. State communications regulator Roskomnadzor said Facebook’s repeated violations could see it fined 5% […]

September 30, 2021 A look at the day ahead from Julien Ponthus That the practicalities of minting a U.S. trillion-dollar coin are actually being debated says a lot about the zeitgeist of this final day of Q3 2021. Yes, #MintTheCoin is a thing and while the idea of Treasury Secretary Janet Yellen raising $1,000,000,000,000 through […]

September 30, 2021 FRANKFURT (Reuters) -Virgin Money UK will close almost one in five branches in the coming months as more customers shift to online banking, the British bank said on Thursday, the latest lender to cut back its high-street presence after the pandemic. The bank, which had promoted its branches as “community-focussed spaces” to […]

September 30, 2021 TOKYO (Reuters) -Japanese mobile phone services and online shopping mall operator Rakuten Group Inc said it will start preparing for an initial public offering of the group’s online banking unit, as it looks to raise funds from its fintech business. The planned listing will allow Rakuten Bank Ltd, which had 186.8 billion […]

September 30, 2021 (Reuters) – Biotech group Oxford Nanopore Technologies is set to start trading in London on Thursday with a market capitalisation of about 3.4 billion pounds ($4.65 billion) at an offer price 425 pence per share. The company, which specialises in DNA sequencing and provides rapid COVID-19 tests to Britain’s national health services, […]

Sinch, the Swedish company that competes with Twilio and others in the world of messaging and other communication APIs is making another big M&A play to build out its platform. It has acquired Pathwire, the cloud-based email provider behind Mailgun, Mailjet and Email on Acid. Sinch said it would pay $925 million in cash, with […]

September 30, 2021 LONDON (Reuters) – Britain’s economy grew by more than previously thought in the April-June period, official data showed on Thursday, before what looks like a sharp slowdown more recently as bottlenecks in the economy, including a shortage of truck drivers, mount. Gross domestic product increased by 5.5% in the second quarter, the […]

September 30, 2021 LONDON (Reuters) – British online fashion retailer Boohoo warned on Thursday that freight inflation in its supply chain and higher wages for its distribution centre workers would hit full year profit margins. The group said full year 2021-22 adjusted EBITDA margins are now expected to be 9% to 9.5%, compared to the […]

September 30, 2021 (Reuters) – Johnnie Walker whisky maker Diageo Plc said on Thursday it has made a “strong start” to its financial year and expects organic operating margins to benefit from a further recovery in sales at restaurants and bars in North America and Europe. However, it expects near-term volatility to remain, pointing to […]

September 30, 2021 By Andrew Galbraith, Xiao Han and Clare Jim SHANGHAI/BEIJING (Reuters) – China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt payment in a week, although the cash-strapped company is scrambling to meet its obligations in its home market. The company, reeling under a […]

September 30, 2021 ZURICH (Reuters) -ABB has launched the world’s fastest electric car charger, the Swiss engineering company said on Thursday, as it presses ahead with plans to spin off the business which could be valued at around $3 billion. The company’s new Terra 360 modular charger can charge up to four vehicles at once, […]

September 30, 2021 STOCKHOLM (Reuters) – Sweden’s H&M reported on Thursday a bigger pretax profit than expected for the June-August period, its fiscal third quarter. Pretax profit at the world’s second-biggest fashion retailer jumped to 6.09 billion Swedish crowns from a year-earlier 2.37 billion. Analysts polled by Refinitiv had on average forecast a 5.05 billion […]

September 30, 2021 JERUSALEM (Reuters) – Israeli forces killed a Palestinian gunman in the occupied West Bank on Thursday and a Palestinian woman who tried to stab officers in Jerusalem’s Old City, Israeli police said. The violence came amid tensions heightened by the deaths on Sunday of five Palestinians, at least four of them claimed […]