News

September 9, 2021 (Reuters) – Michael Schumacher’s wife, Corinna, said the Formula One great is “different, but he’s here” as the 52-year-old continues his rehabilitation from a brain injury suffered in a skiing accident in December 2013. The family have kept updates to a minimum since the accident and in an upcoming Netflix documentary, set […]

September 9, 2021 By Yilei Sun and Sarah White BEIJING/PARIS (Reuters) – Renault is in advanced discussions to end its joint venture to build vans with China’s state-backed Brilliance, a source close to the matter said, as the French firm overhauls its struggling Chinese operations. The tie-up dates back to 2017, when Renault and Brilliance […]

September 9, 2021 BEIJING (Reuters) – China’s business hub Shanghai city is planning to set up a data exchange to help boost efficiency in the manufacturing industry as the city seeks to promote the digitalisation of supply chains, vice mayor Wu Qing said on Thursday. Shanghai would encourage companies to share some data and also […]

September 9, 2021 By Helena Soderpalm and Praveen Paramasivam (Reuters) – U.S. lockmaker Spectrum Brands Holdings Inc has agreed to sell its hardware and home improvement division to Swedish rival Assa Abloy for $4.3 billion in cash. Shares in Assa Abloy rose 6.2% in early trade on Thursday, buoyed by the deal and the prospects […]

September 9, 2021 LONDON (Reuters) – Britain has approved plans to turn away boats illegally carrying migrants to its shores, deepening a diplomatic rift with France over how to deal with a surge of people risking their lives by trying to cross the English Channel in small dinghies. Hundreds of small boats have attempted the […]

September 9, 2021 BUDAPEST (Reuters) – Hungary labelled EU authorities as arrogant after they moved to impose financial penalties against Poland in a dispute over judicial reforms. The European Commission said on Tuesday it had asked the EU’s top court to fine Poland over the activities of a judges’ disciplinary chamber, stepping up a long-running […]

September 9, 2021 MOSCOW (Reuters) – A smoke alarm was activated in a Russian service module on the International Space Station (ISS), the Russian space agency Roscosmos said on Thursday, and Russian news agencies reported that cosmonauts had smelled burning plastic. The RIA news agency quoted Roscosmos as saying all systems were later working properly. […]

September 9, 2021 By Emma Thomasson and Silvia Aloisi BERLIN/MILAN (Reuters) – Sylvia Burbery is delighted that she no longer spends most of her life travelling for work. “I am grateful that the pandemic has forced us to step back and look at ways of working we took for granted,” said the regional president for […]

September 9, 2021 MUMBAI (Reuters) – As India’s financial capital, Mumbai, gets ready for its biggest festival of the year, daily coronavirus cases have surged, rising more than two-fold in less than a month, even as authorities imposed curbs to prevent a further spike. Markets were bustling and streets were crowded as people prepared for […]

September 8, 2021 By Abdi Sheikh MOGADISHU (Reuters) – Somalia’s two most powerful leaders were locked in a standoff on Wednesday after they named different men to head the politically unstable Horn of Africa nation’s intelligence service. The row between President Mohamed Abdullahi Mohamed and Prime Minister Mohammed Hussein Roble, nominally over a murder investigation, […]

September 9, 2021 NEW DELHI (Reuters) – Hundreds of millions of children in South Asian are suffering because their schools have been closed because of the coronavirus but they lack online devices and connections for remote learning, UNICEF said on Thursday. Authorities should prioritise the safe reopening of schools because even before the pandemic, almost 60% […]

September 9, 2021 BEIJING (Reuters) – Chinese state media and ruling party members have rounded on several foreign brands, criticising them for misleading customers after authorities fined the Chinese unit of clothing company Canada Goose for false advertising. The dressing down comes as tension between China and Western countries has fuelled patriotism and driven some […]

September 9, 2021 (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd will close its London pilot base and review the last remaining overseas pilot bases in the United States, the airline said on Thursday, as it grapples with the impact of coronavirus. The closure comes after Cathay put the London base under review in July […]

September 9, 2021 LONDON (Reuters) -British airline easyJet said on Thursday it would raise 1.2 billion pounds ($1.7 billion) in a fully underwritten rights issue to fund its pandemic recovery, and added it had recently rejected a takeover offer. The company said it had rejected an all-share takeover approach which it believed fundamentally undervalued the […]

September 9, 2021 A look at the day ahead from Karin Strohecker. Investors are increasingly uneasy at signs central bankers in Europe and elsewhere are mulling a retreat from the easy-money policies that have provided much of the ammunition for stock market gains. So ahead of an ECB meeting where a stimulus slowdown is likely […]

September 9, 2021 PARIS (Reuters) – France will make access to birth control free for women aged up to 25 years old from January 1 onwards, in a new measure that will cost the state 21 million euros ($24.8 million) per year, French Health Minister Olivier Veran said on Thursday. The policy announcement comes as […]

Two UK tech figures are to row across the Atlantic Ocean to raise money for a charity that funds social entrepreneurs from minority backgrounds. Guy Rigby, founder and now Chair of the Entrepreneurial Services Group at Smith & Williamson, and entrepreneur, investor David Murray will raise money for UnLtd which has supported over 15,000 social […]

September 9, 2021 Vladimir Guerrero Jr. homered in the ninth inning after Teoscar Hernandez hit a tiebreaking single with two outs in the seventh as the Toronto Blue Jays ran their winning streak to seven games Wednesday night with a 6-3 victory over the host New York Yankees. With the loss, the Yankees fell from […]

September 9, 2021 (Reuters) – Ricardo Pepi scored a goal and had a hand in two others on his international debut as the United States crushed Honduras 4-1 in CONCACAF World Cup qualifying on Wednesday. The United States fell behind to Brayan Moya’s diving header in the 27th minute in San Pedro Sula and struggled […]

September 9, 2021 DUBAI (Reuters) – National Bank of Kuwait, the Gulf country’s largest lender, has given initial price guidance for six-year U.S. dollar-denominated bonds of around 115 basis points over U.S. Treasuries, a bank document showed on Thursday. Citi, JPMorgan and NBK Capital are global coordinators and BofA Securities, Goldman Sachs International, HSBC, MUFG […]