News

September 23, 2021 BRUSSELS (Reuters) – The European Commission said on Thursday that the inaugural meeting of the trade and technology council would go ahead as planned next week after it was put in doubt due to French anger over the scrapping of its $40 billion submarine contract with Australia. The commission, which oversees trade […]

September 23, 2021 MEXICO CITY (Reuters) – Mexico’s antitrust authority on Thursday fined more than a dozen soccer clubs and the Mexican Football Federation (FMF) in a historic move over salary caps for female players and labor movement restrictions. The FMF, 17 clubs and eight unidentified people were handed fines totaling 177.6 million pesos ($8.9 […]

September 23, 2021 By Sheila Dang (Reuters) – U.S. social audio app Clubhouse launched a feature on Thursday to let users virtually wave at friends inside its audio-only chat app to show they are open to a private chat, in a move to expand beyond public rooms that can have thousands of listeners. Clubhouse, which […]

September 23, 2021 By Sheila Dang (Reuters) – U.S. social audio app Clubhouse launched a feature on Thursday to let users virtually wave at friends inside its audio-only chat app to show they are open to a private chat, in a move to expand beyond public rooms that can have thousands of listeners. Clubhouse, which […]

September 23, 2021 By David Randall NEW YORK (Reuters) – Investors are grappling with how an unwind of the Federal Reserve’s easy money policies could affect asset prices, after the central bank signaled that a taper of its bond-buying program was closer than ever and suggested it may raise rates at a faster-than-expected pace. In […]

September 23, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The Economist magazine on Thursday called for International Monetary Fund Managing Director Kristalina Georgieva to resign over her role in a China-related data-rigging scandal while at the World Bank, saying it has undermined the IMF’s credibility. The influential London-based publication said in a scathing […]

September 23, 2021 MILAN (Reuters) – Generali’s biggest investor Mediobanca said on Thursday it had borrowed shares in Italy’s top insurer to secure 17.2% of voting rights, upping the ante in a shareholder tussle over the choice of the next chief executive. With its 12.9% stake Mediobanca is the single largest shareholder in Generali, followed […]

September 23, 2021 (Reuters) – Borrowings by U.S. companies for capital investments rose 21% in August from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier. However, […]

The Lamborghini Huracán is the best-selling sports car that Lamborghini makes, and its days as a combustion-powered super sports car are numbered. Since the Huracán’s inception in 2014, the company says it has sold 17,500 worldwide, but that won’t be enough to save the V10 engine — no matter how much customers want it. The […]

Today, Clubhouse is rolling out Wave, a feature that makes it easier to start private rooms with friends when you see that they’re online. Available globally on iOS and Android, Wave will replace starting a private room with friends. You can wave at multiple people at once, so long as they follow you, and anyone […]

September 23, 2021 (Reuters) – Miami has been given a May 8 date for the city’s first Formula One race around the Hard Rock Stadium next year, organisers said on Thursday. “There has been tremendous enthusiasm and anticipation for this event, and we’re happy to be able to announce the date so that people can […]

September 23, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – Brooks Koepka and Bryson DeChambeau are U.S. Ryder Cup team mates and that seemed to be the only common ground for the feuding Americans as they went through final preparations on Thursday to take on Europe at Whistling Straits. Normally if there is any bad […]

September 23, 2021 KOHLER, Wisconsin (Reuters) – World number one Jon Rahm wants to cap an “amazing” year with a Ryder Cup victory for Team Europe, who will face a hostile U.S. home crowd as they look to retain the trophy. The 26-year-old Spaniard won his first major at this year’s U.S. Open but also […]

September 23, 2021 By Guy Faulconbridge, James Davey and Kate Holton LONDON (Reuters) -Oil giant BP said on Thursday it was having to temporarily close some petrol filling stations in Britain because of a lack of truck drivers, hours after a junior minister cautioned the public not to panic buy amid fears of food shortages. […]

September 23, 2021 By Sheila Dang (Reuters) – Twitter Inc will now allow people to tip their favorite content creators with bitcoin and will also launch a fund to pay some users who host audio chat rooms on its Spaces feature, the company said on Thursday. The company also said it will test new ways […]

September 23, 2021 WASHINGTON (Reuters) – The American Civil Liberties Union and 26 other civil rights and advocacy groups wrote to top lawmakers Thursday to urge support for a $1 billion boost in funding for the Federal Trade Commission (FTC), which is included in a $3.5 trillion spending proposal. In the letter to Democratic and […]

September 23, 2021 (Reuters) -Target Corp said on Thursday it plans to hire 100,000 seasonal workers this year, fewer than last year, to prepare for the holiday season at a time when the industry grapples with tight labor supply. Instead of hiring more seasonal workers, the company said it will offer more work hours to […]

September 23, 2021 By David Shepardson and Doina Chiacu WASHINGTON (Reuters) -The rate of unruly airline passenger incidents has dropped sharply since regulators moved to impose fines in January but remains twice as high as last year, the Federal Aviation Administration said on Thursday. The incidents were occurring six times per 10,000 flights as of […]

September 23, 2021 By Jonnelle Marte and Ann Saphir (Reuters) -U.S. household wealth jumped to a new high of $141.7 trillion at the end of June, a report from the Federal Reserve showed on Thursday, boosted by stock market gains and a pandemic-induced real-estate boom. Soaring equity markets fueled the increase in overall wealth, adding […]

September 23, 2021 By Josh Horwitz and David Kirton SUZHOU/SHENZHEN, China (Reuters) – At an eerily quiet construction site in eastern China’s Suzhou, worker Li Hongjun says property developer Evergrande’s debt crisis means he will soon run out of food. Christina Xie, who works in export in the bustling southern city of Shenzhen, fears Evergrande […]