News

October 1, 2021 LONDON (Reuters) – Twenty-five years after British rock band Oasis played two historic shows for 250,000 people at Knebworth Park, former lead singer Liam Gallagher said on Friday he would return to the site for what has been described as his biggest solo gig. The 49-year-old, who also announced a new album […]

October 1, 2021 By Jan Wolfe and Sarah N. Lynch (Reuters) – President Joe Biden’s administration on Friday is set to urge a judge to block a near-total ban on abortion imposed by Texas – the strictest such law in the nation – in a key battle in the ferocious legal war over abortion access […]

October 1, 2021 BAMAKO (Reuters) – A cargo plane delivered four helicopters, weapons and ammunition from Russia to Mali late on Thursday, Malian interim defence minister Sadio Camara said. He said Mali had bought the helicopters in a contract agreed in December 2020 to support its armed forces in their battle alongside French, European and […]

The future of office work, post-COVID-19, is driving plenty of startup activity. Not just around core business needs like comms (Zoom, Slack et al) — but entrepreneurs are also competing to come up with the perfect tool to recreate the social serendipity of office life in order to make dispersed workers feel a bit more […]

October 1, 2021 By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse remains on track to lay out its strategic overhaul this year after “working relentlessly to solve the issues that have been holding us back”, Chairman Antonio Horta-Osorio said on Friday. “We have made significant progress in assessing and debating the bank’s strategic options, and […]

October 1, 2021 FRANKFURT (Reuters) – Euro zone inflation hit a 13-year high last month and looks likely to jump higher still, further clouding the European Central Bank’s benign view of the biggest price spike since before the global financial crisis. Consumer price inflation in the 19 countries sharing the euro accelerated to 3.4% year […]

October 1, 2021 BUCHAREST (Reuters) – Nine people died on Friday when a fire broke out in an intensive care unit at a Romanian hospital treating COVID-19 patients, officials said, the country’s third deadly hospital fire in less than a year. Firefighters extinguished the fire at the hospital in the eastern city of Constanta at […]

October 1, 2021 LONDON (Reuters) – Britain’s National Pig Association urged the country’s retailers to continue buying local pork and not cheaper EU products on Friday, warning that many producers would go bust if they were not properly supported. An acute shortage of butchers and slaughterers in the meat processing industry has left processors operating […]

October 1, 2021 STOCKHOLM (Reuters) – Huawei said on Friday it had filed an appeal against a ruling by a Swedish court in June that upheld a ban on the Chinese company for selling 5G equipment in the country. The company said it had requested an oral hearing in the case, but the Court of […]

October 1, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Rising bond yields are not always bad news for stocks and other “riskier” assets, but the current spike is giving investors justifiable cause for concern as they enter the fourth quarter. The increase in yields comes against a backdrop of stretched valuations on Wall Street, […]

October 1, 2021 BEIJING (Reuters) – Chairman Mao Zedong’s favoured car brand, Hongqi, or Red Flag, is exporting China-made electric sport-utility vehicles to Norway, as Chinese car companies expand globally. In a statement late on Thursday, Hongqi said it had received 500 orders for its cars in Norway, where it said there were environmentally friendly […]

October 1, 2021 By Miguel Pereira and Borja Suarez LA PALMA, Spain (Reuters) -Residents of Spain’s La Palma were struggling on Thursday to come to terms with the devastation wrought by the Cumbre Vieja volcano, which has been ejecting a destructive cocktail of ash, smoke and lava for more than 10 days. Carmen Rodriguez, who […]

October 1, 2021 By Mike Dolan LONDON (Reuters) – A surging U.S. dollar signals for some the clearest sign of an ebbing money tide and an abrupt slowdown of the world economy over the remainder of 2021 at least. Disruptions from new strains of COVID, severe goods and labour supply bottlenecks, fuel price squeezes, power […]

October 1, 2021 LONDON (Reuters) – British factories in September suffered their weakest month since February when the country was still largely locked down, according to a survey which underscored the impact of supply chain problems and staff shortages for manufacturers. The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index fell for a fourth month in […]

October 1, 2021 SINGAPORE (Reuters) – Singapore’s central bank said on Friday it would introduce a digital platform enabling banks to share information on customers and transactions, part of efforts to prevent money laundering and financing of criminal activity. The central bank plans to launch the platform in the first half of 2023. It is […]

October 1, 2021 (Reuters) – Golden State Warriors’ Draymond Green said it is not his place to convince team mate Andrew Wiggins to take a COVID-19 shot and described the debate surrounding vaccinated and unvaccinated players as a “political war”. Reports in the U.S. media said 95% of players in the league have had at […]

October 1, 2021 (Reuters) – Key U.S. jobs numbers on Friday and an OPEC+ meeting on Monday to review oil output as crude prices top $80 dollars a barrel are top of the agenda for markets as 2021 heads into the homestretch following a bumpy Q3 ride. Here are the five stories likely to dominate […]

October 1, 2021 LONDON (Reuters) – Euro zone manufacturing growth remained strong in September but activity took a big hit from supply chain bottlenecks that are likely to persist and keep inflationary pressures high, a survey showed on Friday. Factories have struggled with logistical issues, product shortages and a labour crunch brought about in large […]

October 1, 2021 PARIS (Reuters) – Growth in French manufacturing activity weakened a tad more than initially forecast in September, a survey showed on Friday, as problems over supplies of goods weighed on the sector. Data compiler IHS Markit said its final purchasing managers’ index (PMI) for the French manufacturing sector in September fell to […]

October 1, 2021 ROME (Reuters) – Italy’s manufacturing sector maintained strong growth in September although supply delays and material shortages hampered the sector, a survey showed on Friday. The IHS Markit Purchasing Managers’ Index (PMI) for Italian manufacturing came in at 59.7, down from a multi-year high of 60.9 in August but still far above […]