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Seven more killed in Oman following tropical storm Shaheen

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 DUBAI (Reuters) -Seven more people were killed in Oman as heavy winds and rain swept through the country after tropical storm Shaheen made landfall, the national emergency committee said on Monday on its official Twitter account. Four people had been killed on Sunday including a child. Latest data showed that the storm […]

Filed Under: News

Soccer-Ranieri set to become new Watford manager – reports

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 (Reuters) – Former Chelsea and Leicester City boss Claudio Ranieri has arrived at Watford’s training ground after agreeing to become the Premier League club’s new manager, Sky Sports reported on Monday. Ranieri, who famously led Leicester to the league title in the 2015-16 season, is expected to sign a contract with Watford […]

Filed Under: News

Lebanon resumes IMF ‘interactions’, committed to fair solution for creditors

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 BEIRUT (Reuters) -Lebanon has resumed “interactions” with the International Monetary Fund with a view to agreeing a recovery programme that can harness international support, the government said on Monday, as it seeks to address a devastating economic meltdown. Lebanon is also fully committed to a transparent and equitable debt restructuring process and […]

Filed Under: News

Billie Eilish to headline Glastonbury music festival next year

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 LONDON (Reuters) – Grammy Award winner Billie Eilish will perform at Glastonbury next June, becoming the British music festival’s youngest-ever solo headliner, organisers said on Monday. The 19-year-old hitmaker, who sings the theme tune for the latest James Bond movie “No Time To Die”, performed at the festival’s Other Stage in 2019, […]

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Analysis-Diverse boards to pick the next Boston and Dallas Fed bank chiefs

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Ann Saphir (Reuters) – The searches soon to get underway for two new top U.S. central bankers will be an important test for what has been a rallying cry of sorts for proponents of diversity: that boards matter. Federal Reserve Chair Jerome Powell has pledged to seek diverse candidates for the […]

Filed Under: News

Futures down on Evergrande troubles; Tesla rises after record deliveries

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Shreyashi Sanyal (Reuters) – U.S. stock index futures ticked lower on Monday, drawing from weakening sentiment in Asia and Europe on worries about property developer China Evergrande, while Tesla shares rose after reporting a record number of electric vehicle deliveries. Investors also kept close watch on rising U.S. Treasury yields after […]

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Summit Partners raises $8.35 billion for eleventh U.S. growth equity fund

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 (Reuters) – Alternative investment firm Summit Partners said on Monday it had raised $8.35 billion for its eleventh U.S. growth equity fund. Summit Partners Growth Equity Fund XI will target minority and majority investments of $75 million to $500 million, primarily in “profitable, category-leading growth companies”, the investment firm said. The fund […]

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WTO hikes trade growth forecasts for 2021 and 2022

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 GENEVA (Reuters) – The World Trade Organization revised up its forecasts for growth of global goods trade this year and in 2022, but warned of a two-track recovery and downside risks from the COVID-19 pandemic and supply chain problems. The WTO said on Monday it expected merchandise trade would grow this year […]

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Analysis-Peru’s Las Bambas standoff tests Castillo’s mining reform pledges

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Marcelo Rochabrun LIMA (Reuters) – Peru’s new socialist government swept to power pledging to strike a new deal with the copper mining sector and redistribute profits to Andean communities like those around the huge Las Bambas project, owned by China’s MMG Ltd. Those promises are now being tested, with protests and […]

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Analysis-World Bank, IMF face long-term damage after data rigging scandal

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, former staff, government officials and outside experts say. The damage from the […]

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Biden struggles to secure his ‘New Deal’ to transform U.S. economy

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Trevor Hunnicutt, Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – Last October, presidential candidate Joe Biden flew to Warm Springs, Georgia just days before the national election, to compare his ambitions with those of the United States’ longest-serving president. Franklin Delano Roosevelt “would come back to Warm Springs often to think […]

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Bennett aide accuses Iran of attempting attack on Israelis in Cyprus

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 JERUSALEM (Reuters) – Israel accused Iran on Monday of orchestrating an attempted attack against Israelis in Cyprus after police on the island said an armed individual had been arrested. “This was a terrorist incident directed by Iran against Israeli businesspeople living in Cyprus,” Matan Sidi, spokesman for Israeli Prime Minister Naftali Bennett, […]

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Taliban say forces destroy Islamic State cell hours after Kabul blast

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 KABUL (Reuters) – Taliban government forces destroyed an Islamic State cell in the north of Kabul late on Sunday, a spokesperson for the movement said, after a blast outside a mosque in the Afghan capital killed and wounded a number of civilians. There was no confirmation that the operation was directly connected […]

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Facebook whistleblower reveals identity, says company ‘chooses profits over safety’

October 4, 2021 by David Barret Leave a Comment

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor YouTube TV may drop 14 NBC Universal channels over a contract dispute DJI Mavic 3 drone leak details improved camera and a 46-minute flight time Internal documents published by the Wall Street Journal (WSJ) recently revealed that Facebook allowed […]

Filed Under: News

The Station: Inside the Rivian R1T and its IPO filing

October 4, 2021 by David Barret Leave a Comment

Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp, it was an EV heavy week, starting with the Polestar SPAC and ending with the Rivian IPO filing (curses to the late Friday regulatory filing). Oh, and […]

Filed Under: News

Motor racing-Formula E reports 32% rise in TV audience for season seven

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 LONDON (Reuters) – The electric Formula E series saw a 32% year-on-year rise in global television audiences last season with free-to-air deals in key markets driving the growth after a pandemic-hit 2020, it reported on Monday. The city-based championship, whose biggest shareholder is telecoms group Liberty Global, said that for the first […]

Filed Under: News

Soccer-Koulibaly says Fiorentina fans racially abused him

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 NAPLES, Italy (Reuters) – Napoli defender Kalidou Koulibaly said that he was racially abused by a section of Fiorentina supporters following their Serie A match on Sunday. Italian newspaper Gazzetta dello Sport reported that Victor Osimhen and Andre-Frank Zambo Anguissa were also targeted after their defeat by Napoli. Alongside a photograph of […]

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Made-from-CO2 concrete, lululemons and diamonds spark investor excitement

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Jane Lanhee Lee and Nia Williams (Reuters) – What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2), locking up the planet warming gas. And tech startups behind these transformations are grabbing investor attention. Some use bacteria. […]

Filed Under: News

Grab to take majority stake in Indonesia e-wallet OVO

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 SINGAPORE (Reuters) – Southeast Asian ride-hailing and payments firm Grab will more than double its stake in Indonesian e-wallet OVO to 90%, the Indonesian firm said on Monday, pending approval from regulators. Three sources with knowledge of the deal told Reuters that Grab had purchased the stakes of Indonesian conglomerate Lippo, which […]

Filed Under: News

Exclusive: U.S. Justice Department probes suspected manipulation of Platts benchmarks – sources

October 4, 2021 by David Barret Leave a Comment

October 4, 2021 By Chris Prentice and Jody Godoy WASHINGTON (Reuters) – The U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according to four people familiar with the matter. London-based Platts is a data and […]

Filed Under: News

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