September 7, 2021 LONDON (Reuters) – Global reinsurance rates are likely to continue rising next year, in the low to mid-single digit percentage range, Moody’s analysts said on Tuesday. Reinsurance rates have been rising in the past few years after natural disasters such as hurricanes and wildfires, as well as from the impact of the […]
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Soccer-Barca president Laporta insists Super League still alive
September 7, 2021 BARCELONA (Reuters) – Barca president Joan Laporta has insisted that the Super League project is still alive, despite the withdrawal earlier this year of the majority of founding clubs. The Catalans, along with Real Madrid and Juventus are the only three clubs remaining in the seemingly doomed breakaway competition, which was announced […]
German investor morale falls as shortages hold back recovery – ZEW
September 7, 2021 BERLIN (Reuters) – Investor sentiment in Germany deteriorated for the fourth month in a row in September as investors expect raw material scarcity and chip shortages to slow the recovery in Europe’s largest economy, a survey showed on Tuesday. The ZEW economic research institute said its survey of investors’ economic sentiment fell […]
Euro zone growth revised up as consumer spending rebounds sharply
September 7, 2021 BRUSSELS (Reuters) – The euro zone economy grew by more than initially forecast in the second quarter of the year, revised data from the EU’s statistics office showed, with consumer rebounding sharply after two quarters of decline during pandemic lockdowns. Eurostat said on Tuesday that gross domestic product in the 19 countries […]
Taliban fire in air to scatter Kabul protesters; no reports of injuries
September 7, 2021 (Reuters) – Taliban gunmen fired in the air on Tuesday to scatter protesters in the Afghan capital of Kabul, witnesses said, as video showed scores of people scurrying to escape volleys of gunfire, although there were no immediate reports of injuries. Hundreds of men and women shouting slogans such as “Long live […]
Motor racing-Russell to join Hamilton at Mercedes in all-British lineup
September 7, 2021 LONDON (Reuters) – George Russell will race for Mercedes next season in an all-British line-up with seven times world champion Lewis Hamilton, the Formula One team said on Tuesday. Russell, who is in his third season at Williams, will replace Finland’s Valtteri Bottas whose move to Alfa Romeo was announced on Monday. […]
Merkel implores Germans to back Laschet at election to succeed her
September 7, 2021 BERLIN (Reuters) – Chancellor Angela Merkel made an impassioned plea to German voters on Tuesday to back a government led by conservative Armin Laschet in this month’s national election, saying their other option was a left-wing ruling coalition. After losing their lead in opinion polls to the centre-left Social Democrats (SPD) last […]
Women’s health tech brand, Elvie, tops up Series C to $97M
Elvie, the women’s health tech pioneer behind a connected breast pump and smart pelvic floor exerciser, has topped up a Series C which it announced earlier this summer (July) — adding a further £12.7m to bring the total raised to £70 million ($97m). The 2013-founded, UK-based startup previously raised a $42M Series B in 2019, and […]
Tennis-Andreescu exits after ‘crazy’ match but proud to have kept fighting
September 7, 2021 NEW YORK (Reuters) – Bianca Andreescu saw her U.S. Open winning streak snapped by Maria Sakkari in a brutal three-and-a-half hour encounter on Monday but while the 2019 champion rued her failure to sew up the match she was satisfied she left everything on the court. The absorbing fourth-round contest at the […]
Deutsche Telekom expects move on BT stake within 12 months
September 7, 2021 BERLIN (Reuters) – Deutsche Telekom is weighing options for its 12% stake in Britain’s BT and expects movement within the next 12 months, CEO Tim Hoettges said on Tuesday. “We have a lot of optionality in the BT business. It’s too early to make a decision. We are entertaining all options,” Hoettges […]
U.S. has identified a small number of Americans in Mazar-i-Sharif -Blinken
September 7, 2021 DUBAI (Reuters) – U.S. Secretary of State Anthony Blinken said on Tuesday Washington has identified a “relatively” small number of Americans seeking to depart from Afghanistan’s Mazar-i-Sharif. Blinken, who was speaking with his Qatari counterpart in a joint press conference in Doha, said that the challenge with the evacuation charter flights is […]
U.N. says basic services in Afghanistan are collapsing
September 7, 2021 GENEVA (Reuters) – Afghanistan is facing the collapse of basic services and food and other aid is starting to run out, the U.N. Office for the Coordination of Humanitarian Affairs (OCHA) said on Tuesday. OCHA spokesperson Jens Laerke told a U.N. briefing that millions of Afghans were in need of food aid […]
BoE’s Saunders says interest rates may rise next year
September 7, 2021 By Andy Bruce LONDON (Reuters) – The Bank of England may need to raise interest rates next year if growth continues and inflation becomes stickier, Bank of England policymaker Michael Saunders said on Tuesday. Saunders, who last month voted for an early stop to the BoE’s 895 billion pound ($1.24 trillion) bond-buying […]
China’s biggest air show to highlight homegrown technology
September 7, 2021 (This Aug. 31 story corrects to say Boeing’s booth will increase in size by 11%, not 65%) By Stella Qiu and Jamie Freed BEIJING/SYDNEY (Reuters) – China’s biggest air show will put its homegrown civil and military aviation technology on display next month, the mayor of host city Zhuhai said on Tuesday, […]
‘The Wire’ actor Michael K. Williams found dead in apartment – NYPD
September 7, 2021 By Tim Reid (Reuters) – Michael K. Williams, who played the character Omar Little in the TV series “The Wire,” was found dead in his New York apartment on Monday, the New York Police Department said. He was 54. Lieutenant John Grimpel, a NYPD spokesman, said Williams was found dead in his […]
Blinken says U.S. working to enable Afghanistan charter flights
September 7, 2021 DOHA (Reuters) – U.S. Secretary of State Antony Blinken said on Tuesday the United States is working to make sure charter flights can leave Afghanistan safely. Speaking in Qatar at a press conference alongside Qatar Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and U.S. Secretary of Defense Lloyd Austin, Blinken said […]
Tennis-Brooksby exit leaves US Open quarters with no home player for first time
September 7, 2021 NEW YORK (Reuters) – As world number one Novak Djokovic slammed the door shut on American wildcard Jenson Brooksby on Monday, it also left the host nation without a player in the quarter-finals for the first time since the inaugural tournament 140 years ago. American players have won 85 men’s and 92 […]
London takes aim at New York with five-year financial plan
September 7, 2021 By Huw Jones LONDON (Reuters) – Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat New York as the world’s top international financial centre within five years. The strategy paper on […]
TV aggregator Roku to launch its players in Germany
September 7, 2021 (This Sept. 6 story corrects final paragraph on UK pricing of Roku player) BERLIN (Reuters) – Television aggregator Roku Inc said on Monday it would launch its streaming players in Germany later this year, its second big European rollout, seeking to capitalize on a pandemic-driven shift towards watching more video on demand. […]
Turkey sees positive momentum in talks to repair ties with UAE
September 7, 2021 ANKARA (Reuters) – Foreign Minister Mevlut Cavusoglu said on Tuesday there was a positive momentum in Turkey’s discussions with the United Arab Emirates to end a years-long rift and that ties could come back on track if the momentum was maintained. The regional rivals have held a series of contacts in recent […]