September 28, 2021 (Reuters) – England captain Joe Root hailed Moeen Ali as a role model and said he would be a huge loss to the test side after the all-rounder announced his decision to quit the longest format of the game on Monday. Moeen, who made his test debut in 2014, scored 2,914 runs […]
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Tech slide, China woes weigh on European stocks
September 28, 2021 (Reuters) – European stocks fell on Tuesday, as a surge in government bond yields pressured high-growth technology shares, with fresh signs of a slowdown in China’s economy weighing on investor sentiment. The pan-European STOXX 600 index was down 0.4%, falling for a third session as a jump in U.S. Treasury yields signalled […]
Indonesia parliament committee approves govt’s $190 billion 2022 budget
September 28, 2021 JAKARTA (Reuters) – Indonesia’s parliamentary budget committee on Tuesday approved President Joko Widodo’s 2022 budget with total spending of about 2,714 trillion rupiah ($190.40 billion), representing a fiscal deficit equal to 4.85% of gross domestic product. The budget aimed to underpin an economic recovery next year with GDP slated to grow 5.2%, […]
Activist Greta Thunberg not very optimistic about Italy climate talks
September 28, 2021 MILAN (Reuters) – Greta Thunberg is not very optimistic about the climate talks held in Italy this week, the environmental youth activist said as she arrived at the venue in Milan on Tuesday. Thousands of young people, including Thunberg, will converge on Milan this week, with some 400 from about 190 countries […]
Thai central bank to introduce more debt measures in October
September 28, 2021 BANGKOK (Reuters) – Thailand’s central bank said on Tuesday it planned to introduce debt consolidation measures to help reduce interest rates on consumer loans for retail debtors, as the country suffers its most protracted coronavirus outbreak so far. The move is viewed as more useful than cutting the rate ceiling of those […]
Marketmind: Time to expect inflation
September 28, 2021 A look at the day ahead from Sujata Rao It’s only Tuesday but ten-year Treasury yields are already up 8 basis points this week, leading a global move up in government borrowing costs after last week’s hawkish central bank chorus. Even more interesting is the move in inflation breakevens, which reflect bond […]
French consumer confidence stronger than expected in September
September 28, 2021 PARIS (Reuters) – French consumer confidence improved more than expected in September as households’ concerns about unemployment eased, a monthly survey showed on Tuesday. The INSEE official statistics agency said its consumer confidence index rose to 102 from 99 in August, hitting its highest level since June. The improvement brought confidence back […]
BTS to hold first live concert since COVID-19 pandemic in L.A. in Nov
September 28, 2021 By Hyonhee Shin SEOUL (Reuters) – South Korean boy band BTS plans to hold live concerts in Los Angeles in November for the first time since the coronavirus outbreak, forcing it to cancel global tours and resort to online performances, the band’s management said on Tuesday. The concerts, titled “Permission to Dance […]
Iraqis to vote in ballot marked by growing social and political fractures
September 28, 2021 By John Davison and Ahmed Rasheed NASSIRIYA, Iraq (Reuters) – Elections in Iraq next month are being held early in response to mass protests against the government in 2019, but there is scant evidence the vote will improve matters in a country where powerful armed groups still hold sway. Iraqis crave drastic […]
Hungary summons Ukrainian ambassador over Russian gas supply deal spat
September 28, 2021 BUDAPEST (Reuters) – Hungary’s foreign minister summoned Ukraine’s ambassador on Tuesday over what he said were Ukraine’s attempts to block Hungary’s new long-term gas supply deal with Russia, which was signed on Monday. Foreign Minister Peter Szijjarto said in a statement that this amounted to a “violation of Hungary’s sovereignty”. Hungary accused […]
Explosion hits building in Sweden’s Gothenburg, 25 in hospital – radio
September 28, 2021 STOCKHOLM (Reuters) -About 25 people were taken to hospital after an explosion damaged a residential building in the Swedish city of Gothenburg early on Tuesday, public service radio SR reported. Police said they had opened an investigation. The Sahlgrenska University Hospital spokesperson said three women were seriously injured among the people taken […]
Germany’s SPD wants to open coalition talks this week
September 28, 2021 BERLIN (Reuters) – Germany’s Social Democrats, who narrowly won Sunday’s national election ahead of Chancellor Angela Merkel’s conservatives, said on Tuesday they hoped to talk to the Greens and Free Democrats later this week about forming a three-way government. The Greens and the liberal FDP, who are far apart on many issues, […]
Australian PM departs for Quad meeting amid French submarine deal fallout
September 28, 2021 (Corrects paragraph 4 to remove reference to Boris Johnson as a Quad leader. Clarifies in paragraph 7 that the Quad comprises Australia, the United States, Japan and India.) By Colin Packham CANBERRA (Reuters) -Australian Prime Minister Scott Morrison on Monday departed for Washington to meet with leaders of the Quad grouping amid […]
Do you need another app to discover beautiful places when you travel?
In the summer of 2019, Timilehin Ajiboye became intrigued with the idea of building a travel app after conversations with a circle of friends. One friend reached out to Ajiboye asking if he knew of any platform where she could find new, aesthetically pleasing places to dine in, visit and take pictures. And then, during a […]
TotalEnergies, China Three Gorges to form electric mobility venture in China
September 28, 2021 PARIS (Reuters) – France’s TotalEnergies said on Tuesday it has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China. The venture will develop electric vehicle (EV) high-power charging infrastructure and services, TotalEnergies said. “The joint venture’s growth perspectives are supported by China’s ambition […]
EasyJet reports 93% take-up of $1.6 billion rights issue
September 28, 2021 LONDON (Reuters) -British airline easyJet said it had received acceptances from investors for 93% of the new shares it sold as part of a 1.2 billion pound ($1.64 billion) fully underwritten rights issue designed to help fund its recovery from the pandemic. The airline announced the cash call, its second during 18 […]
Central bank digital currencies can slash cross border payment time – BIS
September 28, 2021 By Alun John HONG KONG (Reuters) – Central bank digital currencies (CBDCs) can slash the time needed for cross border payments to seconds from days and cut costs, the Bank of International Settlements (BIS) said, citing a pilot scheme to test the digital forms of fiat currencies. The trial showed cross border […]
Colosseum kits and plastic flowers help Lego’s earnings double
September 28, 2021 By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Toymaker Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets and flower bouquets made from its colourful plastic bricks. While parts of the global retail industry are still reeling from […]
Britain puts military on standby as panic buying leaves pumps dry
September 28, 2021 By Michael Holden LONDON (Reuters) -Britain put the army on standby to deliver fuel from Tuesday after an acute shortage of truckers triggered panic buying that left fuel pumps dry across the land and raised fears that hospitals would be left without doctors and nurses. Queues of drivers snaked back from those […]
Tennis-Greek Sakkari boosts chances of making WTA Finals cut
September 28, 2021 (Reuters) – Greek Maria Sakkari has climbed to fifth spot in the race to qualify for the season-ending WTA Finals in Mexico on the back of her consistent results, the women’s tour has said. The 26-year-old made five semi-finals during the 2021 season, including the French and the U.S. Open majors, before […]