News

September 30, 2021 By Stella Qiu and David Kirton ZHUHAI (Reuters) – Western aircraft maintenance, repair and overhaul providers (MROs) signed a flurry of new contracts with Chinese customers and joint-venture partners at the country’s biggest air show this week to strengthen their foothold in the lucrative market. The quick rebound in traffic in China’s […]

September 30, 2021 BEIJING (Reuters) -China’s factory activity unexpectedly shrank in September as high raw material prices and power cuts pressured manufacturers in the world’s second-largest economy, while the services sector returned to expansion after COVID-19 outbreaks receded. The official manufacturing Purchasing Manager’s Index (PMI) was at 49.6 in September versus 50.1 in August, data […]

September 30, 2021 By Anirban Sen (Reuters) – Venture investor Chamath Palihapitiya, whose huge bets on “blank check” acquisition companies earned him the moniker of “SPAC King,” said he remained bullish on the long-term health of such deals despite a recent slowdown. Palihapitiya has raised billions of dollars in the stock market through SPACs, or […]

September 30, 2021 By Kantaro Komiya and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s industrial output fell for the second straight month in August as COVID-19 outbreaks elsewhere in Asia disrupted supply chains for carmakers already facing headwinds from a prolonged chip shortage. Separate data out on Thursday showed retail sales in August slipped for the […]

September 30, 2021 By Hari Kishan BENGALURU (Reuters) – Global sovereign yields will have only drifted modestly higher by this time next year, but most bond strategists polled by Reuters appear convinced the only way is up and the gap between short and long-term maturities is set to widen. The latest quarterly poll results coincide […]

September 30, 2021 LONDON (Reuters) – Finance ministers from the Group of Seven said they made some progress on Wednesday at reaching a joint position on a landmark global corporate tax deal, days before it needs to win over a wider international audience. “A common understanding was reached on some of the important open issues […]

September 30, 2021 By Patricia Zengerle and Jan Wolfe WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee investigating the deadly Jan. 6 riot at the Capitol said on Wednesday it had issued subpoenas to organizers of events and rallies leading up to the attack on the seat of government, as it broadened its inquiry. […]

September 30, 2021 By Jonathan Landay WASHINGTON (Reuters) -More than 100 U.S. citizens and lawful permanent residents evacuated to Abu Dhabi from Afghanistan aboard a charter flight are expected to fly on to the United States on Thursday, the State Department and flight organisers said. U.S. officials on Wednesday were working to verify the accuracy […]

Facebook announced on Tuesday that its 2Africa cable would now extend to over 45,000 kilometers with the addition of nine landings collectively dubbed the 2Africa Pearls. The subsea cable will directly connect three continents — Africa, Europe and Asia. The extension will see 2Africa become the longest subsea cable system in the world upon completion, […]

September 29, 2021 DUBLIN (Reuters) – Irish consumer sentiment remained steady in September just below the two-year high recorded in June, a survey showed on Thursday, as the government prepared to lift almost all pandemic restrictions within weeks. The government has named Oct. 22 as its target date to drop most restrictions, with more than […]

September 29, 2021 LONDON (Reuters) – Marks & Spencer pledged on Thursday to become net zero in carbon emissions across its own operations, its entire supply chain and its products by 2040, ten years ahead of a government target for Britain. Britons have become increasingly aware of the urgency of addressing climate change, spurred on […]

September 29, 2021 WASHINGTON (Reuters) – U.S. and European Union trade and competition officials launched a new forum on Wednesday, joining forces to better compete with China, shield sensitive technologies, boost semiconductor supplies and coordinate regulation of large technology firms. Senior cabinet officials from both continents pledged https://reut.rs/3upkWnN to cooperate on the screening of investments […]

September 29, 2021 By Jill Serjeant (Reuters) -AIDS play “The Inheritance” and musical “Moulin Rouge!” won the top honors at Broadway’s Tony Awards on Sunday in a four-hour ceremony that promoted the return of live theatre and called for better opportunities for Black writers and performers. “Tonight feels like a homecoming,” said host Audra McDonald. […]

September 29, 2021 MELBOURNE (Reuters) – Australia’s Victoria state reported a record 1,438 new COVID-19 infections on Thursday, the highest number for any state since the start of the pandemic last year, and also reported five new deaths. The case count marked a record one-day jump from 950 cases the previous day, even as the […]

September 29, 2021 (Reuters) – Aprilia MotoGP rider Maverick Vinales will miss this weekend’s Grand Prix of the Americas in Austin, Texas, after the death of his 15-year-old cousin in a race accident in Spain last Saturday. Dean Berta Vinales, who rode for the Vinales Racing Team, died after he fell and was hit by […]

September 29, 2021 LONDON (Reuters) – People in Britain have turned more pessimistic about the economy amid growing pressure on household budgets from rising energy prices and broader inflation, according to an opinion poll published on Thursday. Twenty-eight percent of respondents in the poll by Kantar Public said they thought the economy would be in […]

September 29, 2021 By Huw Jones LONDON (Reuters) – Britain’s financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global Talent Mobility report from TheCityUK, City of London Corporation and consultants EY on Thursday […]

September 29, 2021 By Nichola Groom (Reuters) -The U.S. Commerce Department on Wednesday asked a group of anonymous domestic solar manufacturers for additional information before it would consider a request to impose duties on panels produced in three Southeast Asian countries. The move delays the department’s decision which had been expected this week. The case […]

September 29, 2021 MEXICO CITY (Reuters) – A plan by Mexican telecoms company America Movil to spin off some of its towers in Latin America was approved by shareholders on Wednesday, the firm said in a filing with the Mexican stock exchange. America Movil, controlled by the family of Mexican billionaire Carlos Slim, said the […]

September 29, 2021 MEXICO CITY (Reuters) -U.S. and Mexican officials will hold high-level security talks on Oct. 8, Mexico’s Foreign Minister Marcelo Ebrard said on Wednesday. U.S. Secretary of State Antony Blinken, U.S. Homeland Security Secretary Alejandro Mayorkas and U.S. Attorney General Merrick Garland would participate in the talks in Mexico City, Ebrard said. “The […]