News

September 8, 2021 (Reuters) – Gianmarco Tamberi will never regret sharing the high jump gold with friend Mutaz Essa Barshim at the Tokyo Olympic Games but believes the choice to stop competing in such instances should be taken away from athletes. Italian Tamberi and Qatari Barshim both cleared 2.37m in Tokyo but failed at the […]

September 8, 2021 By James Davey LONDON (Reuters) -The $10 billion takeover battle for British supermarket group Morrisons between two U.S. private equity groups looks set to be decided by a rarely used auction process. Morrisons said on Wednesday it was in talks with Clayton, Dubilier & Rice (CD&R), Fortress Investment Group and Britain’s takeover […]

September 8, 2021 NEW YORK (Reuters) -Volatility in bitcoin eased on Wednesday, a day after El Salvador adopted the crypto asset as legal tender, but the threat of a U.S. lawsuit against crypto exchange Coinbase Global Inc underscored the rocky road ahead for cryptocurrencies. The Securities and Exchange Commission issued Coinbase with a Wells notice, […]

September 8, 2021 By Chris Prentice and Carolyn Cohn WASHINGTON/LONDON (Reuters) – World stocks edged away from the previous day’s record highs on Wednesday and Wall Street retreated on uncertainty over the pace of economic recovery, as investors’ move away from riskier assets lifted the dollar to one-week highs. Accommodative central bank policies and optimism […]

September 8, 2021 KUALA LUMPUR (Reuters) – Malaysia’s flagship budget carrier AirAsia Group Bhd posted a smaller loss in the second quarter amid a jump in revenue, even as an enhanced lockdown dampened sales during an ongoing slump in travel, a bourse filing showed on Wednesday. Revenue was 160% higher at 370 million ringgit, boosted […]

September 8, 2021 LONDON (Reuters) – British education minister Gavin Williamson came under fire on Wednesday for confusing two black campaigning sportsmen, claiming to have to have met with soccer player Marcus Rashford when in fact it had been rugby player Maro Itoje. In an interview with the Evening Standard newspaper, Williamson said he had […]

September 8, 2021 ADDIS ABABA (Reuters) -Rebellious forces from the Tigray region killed 120 civilians over two days in a village in Ethiopia’s Amhara region, local officials told Reuters on Wednesday. The killings in a village 10 km (six miles) from the town of Dabat took place on Sept. 1 and 2, said Sewnet Wubalem, […]

September 8, 2021 BRUSSELS (Reuters) -The European Union voiced disapproval on Wednesday of the Taliban’s provisional government in Afghanistan after the Islamist militants named several leaders, saying they had not kept a promise to include women and other religious groups. “It does not look like the inclusive and representative formation in terms of the rich […]

September 8, 2021 By Karen Lema and Neil Jerome Morales MANILA (Reuters) – Philippine President Rodrigo Duterte on Wednesday accepted his party’s nomination to run for vice president in next year’s election, forging ahead with a plan criticised by rivals as a cynical move to maintain his political power. The mercurial leader, 76, is barred […]

September 8, 2021 (Reuters) – Olympic gold medallist Xander Schauffele, Jordan Spieth and Tony Finau were among the six captain’s picks named to the U.S. Ryder Cup team by Steve Stricker on Wednesday. Harris English, Daniel Berger and Scottie Scheffler rounded out the 12-man team and, along with Schauffele, will make their Ryder Cup debut […]

September 8, 2021 (Reuters) – Former West Ham United and Queens Park Rangers defender Anton Ferdinand on Wednesday asked social media companies to address the problem of racist abuse on their platforms before a high-profile footballer “takes their life”. Ferdinand was appearing before the UK Parliament’s Home Affairs Committee inquiry into online abuse. Others who […]

September 8, 2021 OTTAWA (Reuters) -The Bank of Canada on Wednesday left its key interest rate unchanged at a record low 0.25%, as expected, as it warned supply chain disruptions and a fourth wave of COVID-19 infections could weigh on the country’s economic recovery. The central bank, in a scheduled rate decision two weeks before […]

September 8, 2021 WASHINGTON/HONG KONG (Reuters) -The U.S. Securities and Exchange Commission has told Coinbase Global Inc that it plans to sue the cryptocurrency exchange if it goes ahead with plans to launch a programme allowing users to earn interest by lending digital assets, Coinbase said. The top U.S. markets regulator has issued Coinbase with […]

September 8, 2021 By Jody Godoy SAN JOSE, Calif. (Reuters) – Theranos founder Elizabeth Holmes goes on trial on Wednesday in federal court, with prosecutors poised to lay out fraud charges against the former Silicon Valley star accused of lying about her now-defunct blood-testing startup once valued at $9 billion. In one of the most […]

September 8, 2021 By Gavin Jones and Angelo Amante ROME (Reuters) -Ryanair is willing to wait years for Boeing to drop its prices before placing a big new plane order with the U.S. company, Chief Executive Michael O’Leary told Reuters, while he also downplayed the chance of a deal with rival Airbus. The Irish budget […]

September 8, 2021 By Shashank Nayar (Reuters) – Wall Street dipped on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies. Shares of tech heavyweights were among losers with Microsoft Corp, Facebook Inc […]

September 8, 2021 WASHINGTON (Reuters) – U.S. bank profits fell 8.3% to $70.4 billion in the second quarter of 2021 as firms slowed their reductions in credit loss provisions, the Federal Deposit Insurance Corporation reported Wednesday. The regulator also reported that average net interest margin for banks hit a new record low of 2.5%, although […]

September 8, 2021 By Joseph Menn SAN FRANCISCO (Reuters) – A misinformation campaign on social media in support of Chinese government interests has expanded to new languages and platforms, and it even tried to get people to show up to protests in the United States, researchers said on Wednesday. Experts at security company FireEye and […]

As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focussing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with […]

Never mind buying a robot dog for your kids — you might just get them a mythical creature instead. Chinese EV maker Xpeng has teased a robot unicorn meant for children to ride. As SCMP notes, the quadruped will take advantage of Xpeng’s experiences with autonomous driving and other AI tasks to navigate multiple terrain […]