September 3, 2021 BENGALURU (Reuters) – India’s dominant services industry returned to growth in August, expanding at its fastest pace since the pandemic began, as businesses reopened amid improved vaccination rates, a survey showed on Friday, although firms continued to cut jobs. Despite the impact of the second wave of the COVID-19 pandemic, India’s economic […]
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Motor racing-McLaren boss would support points for qualifying if no race
September 3, 2021 (Reuters) – Formula One should award points for qualifying if circumstances prevent a meaningful race from going ahead, as was the case in Belgium last weekend, McLaren team boss Andreas Seidl said on Friday. Half-points were awarded at a wet Spa on Sunday after drivers completed a couple of laps behind the […]
Factbox-Possible candidates to become Japan’s next prime minister
September 3, 2021 -Japanese Prime Minister Yoshihide Suga, his support ratings in tatters ahead of a general election, said on Friday he would step down https://ift.tt/3l7MsST, meaning the ruling Liberal Democratic Party (LDP) will choose a new leader, who will become prime minister. Here are details about some people who might be candidates for the […]
Exclusive-Tokyo ready to back Western Digital-Kioxia deal if key tech stays in Japan – sources
September 3, 2021 By Tim Kelly and Ritsuko Shimizu TOKYO (Reuters) – Japan’s trade ministry is ready to back Western Digital’s bid to merge with memory chipmaker Kioxia provided control of cutting edge technology stays in Japan, two sources with knowledge of the industry regulator’s internal discussions said. The tie-up could give Japan greater leverage […]
Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on
September 3, 2021 By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson’s top executive vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonised Beijing and has hit the equipment maker’s business. China accounted for about 10% of Ericsson’s revenue last […]
U.S. Supreme Court’s rightward lurch put Roe v. Wade on the brink
September 3, 2021 By Lawrence Hurley WASHINGTON (Reuters) – During a 2016 presidential debate, then-candidate Donald Trump made a statement that seemed brash at the time: If he were elected and got the chance to nominate justices to the U.S. Supreme Court, the Roe v. Wade ruling that legalized abortion would be overturned. By this […]
China says climate talks with U.S. envoy Kerry were ‘candid, in depth, pragmatic’
September 3, 2021 SHANGHAI (Reuters) – China’s environment ministry said on Friday talks with visiting U.S. climate envoy John Kerry this week were “candid, in-depth and pragmatic” and the two sides would continue “dialogue and consultation”. The world’s two biggest sources of carbon emissions would work together to help achieve success at this year’s climate […]
Former French PM Fillon faces second financial misconduct probe
September 3, 2021 PARIS (Reuters) – Former French prime minister Francois Fillon, who is appealing a five-year jail sentence for embezzling public funds, is under investigation again by financial prosecutors over payments to an assistant, his lawyer said on Friday. Lawyer Antonin Levy accused the National Financial Prosecutor’s (PNF) office of a witch hunt and […]
Caribbean tourism recovery punctured by new coronavirus spike
September 3, 2021 By Kate Chappell KINGSTON (Reuters) – Just as tourism was beginning to show signs of recovery, the Caribbean has been hit by a new wave of coronavirus infections that is causing lockdowns and flight cancellations and overwhelming hospitals. Countries including Jamaica, Martinique, The Bahamas, Barbados, St. Lucia, and Dominica have seen a […]
Olympics-Paris 2024 lauds Tokyo for pulling off Games amid pandemic
September 3, 2021 By Chris Gallagher TOKYO (Reuters) – Paris 2024 CEO Etienne Thobois praised Tokyo on Friday for its “remarkable” ability to pull off the Olympics amid the COVID-19 pandemic and said Paris was ready to take the baton as it prepares to stage the Games in three years’ time. Thobois told Reuters in […]
Reeling German CDU leader taps diverse team to reboot campaign
September 3, 2021 BERLIN (Reuters) – The leader of Germany’s conservative Christian Democrats (CDU) presented a diverse “team of the future” on Friday, turning to the lieutenants to help reboot his flagging campaign ahead of a Sept. 26 national election that he is at growing risk of losing. Armin Laschet, whose conservatives have slipped behind […]
UK economy lost more momentum in August, PMI survey shows
September 3, 2021 LONDON (Reuters) – Britain’s economic recovery from the COVID-19 pandemic lost more momentum last month than originally estimated as staff shortages and supply chain issues weighed on companies in the country’s huge services sector, a survey showed on Friday. The IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) fell to 55.0 in […]
Not my pay! Some tech workers bemoan China’s crackdown on compulsory overtime
September 3, 2021 By Yingzhi Yang and Brenda Goh BEIJING (Reuters) – The Chinese government’s campaign to improve conditions for workers has spurred companies, particularly some of its hardest-driving tech giants, to cut down on long hours of compulsory overtime but not all employees are happy about it. Some employees at TikTok-owner ByteDance were shocked […]
Euro zone retail sales weaker than expected in July
September 3, 2021 BRUSSELS (Reuters) – Euro zone retail sales, a proxy for consumer demand, were much weaker than expected in July, pulled down mainly by a sharp fall in the number of goods bought online. The European Union’s statistics office Eurostat said on Friday that retail sales in the 19 countries sharing the euro […]
Singapore Exchange’s SPAC rules seen giving market much-needed boost
September 3, 2021 By Anshuman Daga SINGAPORE (Reuters) – Singapore Exchange’s new rules for special purpose acquisition companies (SPACs) are likely to help it attract regional funds and fast-growing firms, as it seeks to revitalise a staid market for equity listings, market participants said. Some of them expect Southeast Asian startups, especially from the tech […]
AstraZeneca, EU reach settlement on delivery of COVID-19 vaccines
September 3, 2021 (Reuters) -The European Commission and AstraZeneca said on Friday they had reached a settlement on delivering remaining COVID-19 vaccine doses by the British drugmaker and also ended pending litigation in Brussels https://ift.tt/3DNcROm. The settlement clears a major overhang for AstraZeneca, whose cheap and easily transportable vaccine has faced several setbacks, including the […]
Putin says Russia to offer tax breaks to spur business on Kuril islands
September 3, 2021 VLADIVOSTOK, Russia (Reuters) – Russia will offer tax breaks to stimulate business on a disputed Pacific island chain and make them available to foreign investors including from Japan, President Vladimir Putin said on Friday. A territorial dispute over the islands, known in Russia as the Kurils and in Japan as the Northern […]
Reaction to New Zealand’s supermarket attack by ‘violent extremist’
September 3, 2021 (Reuters) – New Zealand police on Friday shot and killed a “violent extremist” who was known to authorities, Prime Minister Jacinda Ardern said, after he stabbed and wounded at least six people in a supermarket. The attacker, a Sri Lankan national who had been in New Zealand for 10 years, was inspired […]
Islamic State ‘Beatle’ pleads guilty to murdering U.S. hostages
September 3, 2021 By Mark Hosenball WASHINGTON (Reuters) -A British-born man who was a member of a team of Islamic State militants in Syria nicknamed “The Beatles” and accused of beheading American hostages pleaded guilty on Thursday to eight U.S. criminal charges including lethal hostage taking and conspiracy to support terrorists. London-born Alexanda Kotey is […]
UK’s Johnson slams ‘disgraceful’ racist abuse of England players in Hungary
September 3, 2021 LONDON (Reuters) – British Prime Minister Boris Johnson called on world soccer’s governing body FIFA on Friday to take action over “disgraceful” racist abuse aimed at England players by Hungary fans during a World Cup qualifier. “It is completely unacceptable that England players were racially abused in Hungary last night,” Johnson said […]