September 7, 2021 LONDON (Reuters) – After a summer in which stocks have hit a seemingly never-ending run of record highs, September brings a series of monetary and political events that could jolt investors out of their complacency. The will-they-won’t-they debate over trimming pandemic-era stimulus gets an airing with several G10 central banks holding meetings […]
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France to pay national tribute to famed actor Belmondo on Sept 9
September 7, 2021 PARIS (Reuters) – France will hold a national ceremony to pay tribute to famed actor Jean-Paul Belmondo at Paris’ Hotel National des Invalides on Sept 9, said the French presidency on Tuesday. Belmondo, a star of France’s New Wave cinema after his breakthrough performance in Jean-Luc Godard’s “A bout de souffle” (“Breathless”) […]
Europe just had its warmest summer on record, EU scientists say
September 7, 2021 BRUSSELS (Reuters) – Europe had its warmest summer on record this year, though only by a small margin over two previous highest temperatures for June-August, European Union scientists said on Tuesday. The EU’s Copernicus Climate Change Service said the average surface air temperature in June-August was close to 1.0C above the 1991-2020 […]
Armed robbers hit luxury jewellery boutique on Place Vendome in Paris
September 7, 2021 PARIS (Reuters) – Armed robbers targeted a luxury jewellery store near the Ritz Hotel on the opulent Place Vendome in Paris on Tuesday, police in the French capital said. Two suspects were arrested as they fled, police said. Local media said a manhunt for several accomplices was underway. Police cordoned off the […]
Philippines defers new COVID-19 plan, maintains capital curbs
September 7, 2021 MANILA (Reuters) – The Philippines capital region will remain under the second strictest coronavirus containment measures, a senior official said on Tuesday, despite a day earlier announcing a relaxation of curbs to spur business activity. Imposition of the more relaxed “general community quarantine” in Metro Manila has been deferred, presidential spokesperson Harry […]
Indonesia records its lowest rate of positive coronavirus tests
September 7, 2021 By Stanley Widianto JAKARTA (Reuters) – Indonesia’s daily coronavirus positivity rate dropped below the World Health Organization’s (WHO) benchmark standard of 5% this week for the first time, an indicator the country’s devastating second wave could be easing. The positivity rate, or the proportion of people tested who are positive, peaked at […]
Soccer-Barca game at Sevilla, Villarreal v Alaves postponed
September 7, 2021 MADRID (Reuters) – Spain’s High Council for Sports (CSD) has postponed Barcelona’s game at Sevilla and Villarreal v Alaves on Saturday following an appeal by the Spanish football league, LaLiga. The league had asked the Spanish FA (RFEF) to postpone the matches given the extended South American World Cup qualifying window put […]
Cricket-Buttler, Leach added to England squad for final India test
September 7, 2021 LONDON (Reuters) – England have added wicketkeeper Jos Buttler and spinner Jack Leach to their squad for the fifth test against India at Old Trafford, the England and Wales Cricket Board (ECB) said on Tuesday. Buttler missed the fourth test at The Oval to attend the birth of his child, while Leach […]
Soccer-Spurs chairman Levy elected to ECA executive board
September 7, 2021 (Reuters) – Tottenham Hotspur chairman Daniel Levy has been elected to the executive board of the European Club Association (ECA), the body said on Tuesday. Levy will be joined by Inter Milan and Atletico Madrid CEOs Alessandro Antonello and Miguel Angel Gil as the other new members on the board of the […]
Exclusive-Italy expects 2021 deficit to be below 10% of national output -source
September 7, 2021 By Giuseppe Fonte ROME (Reuters) – Italy’s Treasury sees the 2021 budget deficit coming in at under 10% of national output, well below the 11.8% target set in April, as the economy recovers more quickly than expected from the pandemic, a source close to the matter told Reuters. In its latest forecasts […]
Firmer U.S. yields pushes dollar higher for second day
September 7, 2021 By Saikat Chatterjee LONDON (Reuters) – The dollar rose for a second consecutive day on Tuesday, moving away from a near-one month low hit last week, as firming U.S. Treasury yields prompted investors to cut short dollar positions against the euro before a central bank meeting this week. The greenback plunged to […]
Major U.S. insurers jump on distribution platforms to gain customers, sales
September 7, 2021 By Alwyn Scott NEW YORK (Reuters) – Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new platforms, including Semsee, bolttech, Bold Penguin and Uncharted, pull data from many […]
The money is there, Volkswagen CEO says of planned battery cell push
September 7, 2021 By Jan Schwartz MUNICH (Reuters) – Volkswagen is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade, its chief executive said. “The required capital is available in the market. Northvolt […]
Credit Suisse preparing further insurance claims for Greensill-linked funds
September 7, 2021 By Brenna Hughes Neghaiwi ZURICH (Reuters) – A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday. The collapse of Credit Suisse’s $10 billion worth of supply chain […]
Glovo to double down African investment in the next 12 months but will it stay put?
Spanish on-demand delivery platform Glovo today announced the expansion of its operations in Africa and plans to double its investment on the continent. The Barcelona-based company has invested up to €25M ($30M) by bringing its food delivery service to six African countries — Morocco, Uganda, Kenya, Ghana, Côte d’Ivoire, and Nigeria. Glovo is available in […]
TikTok and Snap alums launch mayk.it, a social music creation app, with $4M in seed funding
After living through the global upheaval of the COVID-19 pandemic, many workers are re-evaluating their career path. Stefan Heinrich Henriquez, a former Head of Global Marketing at TikTok and Chief Marketing Officer at Cameo, is one of them. “I have been thinking about music since my time at TikTok, and I was really thinking about […]
Myanmar shadow government calls for revolt against military rule
September 7, 2021 (Reuters) – Myanmar’s shadow government, formed by opponents of military rule, called for a revolt against the junta on Tuesday, setting out a strategy that included action by armed militias and ethnic forces and urging bureaucrats to leave their posts. Duwa Lashi La, the acting president of the National Unity Government, said […]
Qatar and Turkey working to restore Kabul passenger flights, ministers say
September 7, 2021 ANKARA (Reuters) – Qatar and Turkey are working to restore passenger flights at Kabul airport soon but have yet to agree with Afghanistan’s new Taliban rulers how to run the airport, their foreign ministers said on Tuesday. Both countries have technical teams at the airport and Qatar is chartering near daily humanitarian […]
Reopen schools or disaster looms, experts tell Indian authorities
September 7, 2021 By Krishna N. Das NEW DELHI (Reuters) – Many top Indian epidemiolgists and social scientists are urging authorities to reopen in-person school classes for all age groups, saying the benefits outweigh the risks especially as poor rural children are missing out on online education. The recommendation comes as experts say another COVID-19 […]
Seqera Labs grabs $5.5M to help sequence Covid-19 variants and other complex data problems
Bringing order and understanding to unstructured information located across disparate silos has been one of more significant breakthroughs of the big data era, and today a European startup that has built a platform to help with this challenge specifically in the area of life sciences — and has, notably, been used by labs to sequence […]