News

September 24, 2021 MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in […]

September 24, 2021 BENGALURU (Reuters) – The California State Teachers’ Retirement Fund (CalSTRS) has decided to vote against the appointment of Saudi Aramco’s chairman as an independent director to the board of Mukesh Ambani’s Reliance Industries, BloombergQuint reported. The U.S. pension fund held 5.3 million fully and partly paid shares of Reliance Industries, as of […]

September 24, 2021 (Reuters) – European stocks slipped at the open on Friday on lingering worries about troubled property developer China Evergrande, with mining and retail stocks exposed to the Asian country among the biggest decliners. The regionwide STOXX 600 index slipped 0.5% after a three-day run of gains. Miners, automakers and retailers fell more […]

September 24, 2021 BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban said on Friday he aimed to speed up an extra month of payment to pensioners as he ramps up a pre-election spending spree. Ahead of what is expected to be a tight election early next year, Orban has showered the electorate with handouts, including […]

September 24, 2021 MADRID/ROME (Reuters) – Catalan separatist leader Carles Puigdemont, who was detained by Italian police in Sardinia, must face justice in Spain, the Spanish government said on Friday ahead of an extradition hearing. “Mr. Puigdemont must submit to the action of the courts, exactly like any other citizen,” Spanish Prime Minister Pedro Sanchez’s […]

September 24, 2021 By Daina Beth Solomon CIUDAD ACUNA, Mexico (Reuters) – Mexican officials are urging Haitians on the Texas border trying to reach the United States to give up and return to Mexico’s frontier with Guatemala to request asylum, even as discontent grows over the treatment meted out to the beleaguered migrants. Up to […]

September 24, 2021 TOKYO (Reuters) – Japan’s factory output likely fell again in August as the country’s manufacturing sector faced supply chain disruptions driven by a global chip shortage and the spread of the Delta coronavirus variant in Southeast Asia. Retail sales also likely eased in August after a sharp rise in July, according to […]

September 24, 2021 A look at the day ahead from Saikat Chatterjee. World markets remain on edge on Friday as simmering concerns about the fate of embattled property developer China Evergrande Group and a sudden spike in bond yields remind investors that the final quarter of 2021 will be tricky to navigate. European and U.S. […]

September 24, 2021 By Adnan Abidi MALANA, India (Reuters) – To visit the Indian village of Malana deep in the Himalayas, a COVID-19 vaccination team scrambled over a landslide that blocked the road the day before, scaled a retaining wall and then began a three-hour trek down and up a river valley. Despite the hostile […]

September 24, 2021 By Oliver Hirt ZURICH (Reuters) – A potential lurch to the left in Germany’s election on Sunday is scaring millionaires into moving assets into Switzerland, bankers and tax lawyers say. If the centre-left Social Democrats (SPD), hard-left Linke and environmentalist Greens come to power, the reintroduction of a wealth tax and a […]

Amazon has launched Prime Video Channels in India, allowing its customers to subscribe to eight streaming services including Discovery+ and Mubi from one hub, the latest in a series of efforts by the U.S. giant to win customers in the South Asian nation. The new offering makes it easier for users to login and pay […]

September 24, 2021 BERLIN (Reuters) – Daimler’s Mercedes-Benz on Friday said it will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC) alongside the project’s original founders Stellantis and TotalEnergies. The purpose of the partnership is to develop cells and battery modules and “help ensure that Europe remains at the heart of […]

September 24, 2021 TOKYO (Reuters) – Japan’s COVID-19 infection situation is improving such that emergency conditions could soon be lifted in most parts of the country, the health minister said on Friday. Hospitalisation rates and patient bed availability will factor into whether the state of emergency prevailing over Tokyo and much of the country can […]

September 24, 2021 By Angelo Amante, Gavin Jones and Giuseppe Fonte ROME (Reuters) – Prime Minister Mario Draghi set an ambitious reform timeline to relaunch Italy’s chronically sluggish economy after the COVID-19 pandemic, but political disputes and cloying bureaucracy are starting to get in his way. The government has been trying for weeks to overcome […]

September 24, 2021 Tim Anderson homered twice to help the visiting Chicago White Sox clinch the American League Central title with a 7-2 victory over the Cleveland Indians on Thursday in the opener of a doubleheader. Anderson led off the game with a homer and added a three-run shot to highlight a six-run second inning […]

September 24, 2021 (Reuters) – Tyrrell Hatton expects to be needled by U.S. fans at the Ryder Cup but the fiery Englishman said on Thursday he will try to keep a lid on his emotions at Whistling Straits for the sake of his European team mates. Hatton, who has said his name would be “Headcase […]

September 24, 2021 BEIJING (Reuters) – Analysts at Nomura cut their forecast for China’s annual gross domestic product (GDP) growth in 2021 to 7.7% from 8.2% on Friday, citing the impact of factories pausing operations amid power outages and environmental policies. “Over recent weeks, a surging number of factories across China have been forced to […]

September 24, 2021 BEIJING (Reuters) – Over 200 Chinese gaming companies have pledged to regulate their industry to combat gaming addiction, including through the possible use of facial recognition to identify minors, a state-backed gaming association said on Friday. The statement, published by the CGIGC gaming association, which is affiliated to the online game publishing […]

September 24, 2021 SINGAPORE/HONG KONG (Reuters) – Some of China Evergrande Group’s offshore bondholders have not received interest payment by a Thursday deadline U.S. time, two people familiar with the matter said, as worries about the fate of the property developer mount. A deadline for paying $83.5 million in bond interest ended on Thursday without […]

September 24, 2021 PARIS (Reuters) – French Foreign Minister Jean-Yves Le Drian held “thorough and confident” talks with Iraq’s President Barham Salih late on Thursday, wrote Le Drian on his Twitter page. “Following on from the Baghdad conference of August 28 and the ministerial meeting in New York on September 21, I reaffirmed the support […]