News

September 30, 2021 By Devik Jain and Ambar Warrick (Reuters) – Wall Street’s main indexes rose on Thursday at the end of a bruising month as investors kept a close watch on funding negotiations in Washington to prevent a government shutdown. The benchmark S&P 500 was still on course to snap its seven-month winning streak, […]

September 30, 2021 MILAN (Reuters) – Alitalia successor ITA has signed a memorandum of understanding with France’s Airbus to buy 28 new jets, the carrier said on Thursday, adding the first new aircraft will start flying in the first three months of next year. The new Italian carrier has also signed a deal with Air […]

September 30, 2021 By Scott DiSavino NEW YORK (Reuters) – Oil prices erased most of their losses and were trading little changed on Thursday following reports China was prepared to buy more oil to meet growing demand. Brent futures for November delivery fell 11 cents, or 0.1%, to $78.53 a barrel by 11:43 a.m. EDT […]

September 30, 2021 By Marine Strauss BRUSSELS (Reuters) – A group of European airlines agreed on Thursday to refund passengers whose flights were cancelled during the COVID-19 pandemic, and committed to provide better information on passengers’ rights in future. After talks with the European Commission, 16 airlines agreed to clear refund backlogs, to better inform […]

September 30, 2021 (Reuters) – BlackRock Inc will require more than half of its employees to work from the office for three days a week on average starting November, according to an internal memo seen by Reuters on Thursday. Some businesses may require employees to be in the office more frequently, the memo from Chief […]

September 30, 2021 (Reuters) – No.1 U.S. automaker General Motors Co said on Thursday it plans to have its sites in the United States run on renewable energy by 2025, five years ahead of its original goal. The company also said it was working with U.S power grid operator PJM Interconnection and energy firm TimberRock […]

September 30, 2021 By Marc Jones and Tom Wilson LONDON (Reuters) – A group of central banks sketched out a potential operating manual for digital cash on Thursday as they aim to strike a balance between keeping up with cryptocurrencies and concerns that the new technology could upend commercial lenders. Worried that the explosion of […]

September 30, 2021 WASHINGTON (Reuters) – The U.S. Senate narrowly defeated Republican-backed legislation on Thursday that would have curtailed assistance for thousands of Afghans evacuated last month as U.S. forces withdrew and the militant Islamist Taliban took over Afghanistan. The measure failed on a 50-50 vote because it needed a simple majority to be included […]

September 30, 2021 MOSCOW (Reuters) -Russia urged Tajikistan and Afghanistan to resolve any dispute in a mutually acceptable manner, saying it had heard reports they were sending troops to their common border, TASS quoted the foreign ministry in Moscow as saying on Thursday. Tajik President Emomali Rakhmon has refused to recognise the Taliban-appointed cabinet in […]

September 30, 2021 By Jonathan Landay WASHINGTON (Reuters) – Stacia George hired buses to take hundreds of Afghans, including many who worked for the U.S. government, to the northern city of Mazar-i-Sharif after the Taliban seized Kabul. She planned for charter jets to whisk them to new lives outside Afghanistan. But a month later, the […]

September 30, 2021 By Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers will discuss soaring energy prices on Monday, concerned they could slow economic recovery, impact on investment decisions and disproportionately hit the poorest, a European Commission note showed. The note, prepared for the ministers’ meeting in Luxembourg, said however, that any policy response […]

September 30, 2021 LONDON (Reuters) – Irish boxer Michael Conlan said he felt vindicated by an independent report published on Thursday that found evidence of corruption and manipulation of bouts at the 2016 Rio de Janeiro Olympics. Conlan’s quarter-final defeat in Rio triggered an outcry at the time, with the bantamweight blasting boxing’s world body […]

September 30, 2021 WASHINGTON (Reuters) – A majority of the U.S. Senate on Thursday voted to keep the government fully operating at the end of this week when the new fiscal year begins. The bill now goes to the House of Representatives, which is expected to vote on the bill before a Thursday midnight deadline […]

September 30, 2021 ABUJA (Reuters) – The Nigerian military said on Thursday a deadly air strike hit an Islamic State camp and that casualties could not be determined, after witnesses said the attack had killed dozens of civilians in the northeast, where the country is waging a 12-year war against jihadist insurgents. Two Nigerian Air […]

September 30, 2021 By Tina Bellon PALMER, Texas (Reuters) – Self-driving startup Aurora says it has discovered a path to turn costly self-driving vehicles into a profitable business, showcasing its technology to investors this week ahead of a public listing it hopes will provide some $2 billion in additional funding. The move comes as several […]

September 30, 2021 (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Thursday said his read on a wide range of measures of inflation expectations does not suggest recent high inflation readings are getting entrenched into the long-term trajectory for U.S. prices. Inflation expectations “are not getting out of hand,” Evans said in an […]

September 30, 2021 Gayle Benson, the owner of the NFL’s New Orleans Saints and the NBA’s Pelicans, has taken steps to ensure the teams remain in the city after her death. Benson, who inherited the teams from her late husband, Tom, disclosed the succession plans in a joint report from The Times-Picayune and WVUE-TV. It […]

September 30, 2021 By Robert Muller and Jan Lopatka PRAGUE (Reuters) -The Czech National Bank (CNB) raised its main rate by 75 basis points on Thursday, surprising markets with its biggest hike since 1997 and sending a signal it would not allow inflationary expectations to grow further amid a price spike. The Czech economy, like […]

September 30, 2021 (Reuters) – S&P Global Ratings said on Thursday it anticipates the U.S. Congress will address the debt ceiling in a timely manner, either by raising it or suspending it. If not, the credit rating agency pointed to “severe and extraordinary consequences” on the financial markets. “It would be unprecedented in modern times […]

September 30, 2021 BERLIN (Reuters) – Allianz’s head of asset management Jacqueline Hunt is stepping down from the board, the company said in a statement on Thursday, after a scandal over billions of dollars in hedge fund losses prompted a restructuring of the firm’s management. The executive, who joined the company in 2016 and was […]