News

September 6, 2021 By Jonathan Saul LONDON (Reuters) – Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry’s efforts to go greener. With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions and the […]

September 6, 2021 By Andrew Galbraith SHANGHAI (Reuters) – Bonds issued by heavily indebted developer China Evergrande Group plunged on Monday on growing investor worries over the company’s ability to pay its debts, prompting China’s stock exchanges to halt trading. The Shanghai Stock Exchange said in a statement that it had temporarily suspended trading in […]

UK tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the G is for Green) based out of Bratislava, Slovakia, the program will look to invest in and accelerate climate-tech startups. The program will invest in entrepreneurs with startups that […]

Nigerian automotive tech company Autochek today is announcing the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount. Per a statement, Autochek will finalize the deal in the coming weeks. With the acquisition, Autochek completes its expansion into East Africa and follows the first acquisition made almost a […]

Barcelona-based gaming video platform Gamestry has snatched up $5 million in seed funding, led by Goodwater Capital, Target Global and Kibo Ventures — turning investors’ heads with a 175x growth rate over the past 12 months. While the (for now) Spanish-language gaming video platform launched a few years back, in 2018, last year the founders […]

September 6, 2021 BERLIN (Reuters) – German industrial orders unexpectedly surged in July, official figures showed on Monday, hitting a post-reunification high and pointing to a solid start to the second half in the engine room of Europe’s largest economy. The figures published by the Federal Statistics Office showed orders for goods ‘Made in Germany’ […]

September 6, 2021 JERUSALEM (Reuters) – Six Palestinians escaped from a high-security Israeli prison on Monday, police said, and Israeli media reports identified them as members of militant groups. The reports said five of the prisoners belonged to the Islamic Jihad movement and one was a former commander of an armed group affiliated with the […]

September 6, 2021 LONDON (Reuters) – Some British military veterans from the Afghan war have taken their own lives because they are so devastated by the chaotic withdrawal of U.S.-led forces from the country and the victory of the Taliban, Britain’s armed forces minister said on Monday. The humiliation of the lightning Taliban takeover in […]

September 6, 2021 JOHANNESBURG (Reuters) – South Africa’s jailed former president Jacob Zuma has been placed on medical parole because of his ill health, the government’s correctional services department said on Sunday. Last month prison authorities said Zuma, serving a 15-month sentence in Estcourt prison for contempt of court, underwent unspecified surgery at an outside […]

September 6, 2021 HANOI (Reuters) – Vietnam’s capital on Monday extended COVID-19 restrictions for a further two weeks, as authorities launched a plan to test up to 1.5 million people for the coronavirus in higher-risk areas of the capital to contain a climb in infections. The Southeast Asian country dealt successfully with the virus for […]

September 6, 2021 (Reuters) – The leader of the Afghan opposition group resisting Taliban forces in the Panjshir valley north of Kabul said on Sunday he welcomed proposals from religious scholars for a negotiated settlement to end the fighting. Ahmad Massoud, head of the National Resistance Front of Afghanistan (NRFA), made the announcement on the […]

September 6, 2021 BANDAR SERI BEGAWAN (Reuters) – Myanmar’s military rulers have agreed to an ASEAN call for a ceasefire until the end of the year to ensure distribution of humanitarian aid, Japan’s Kyodo news agency said, citing the envoy of the southeast Asian bloc to the crisis-torn nation. Following a coup in February, the […]

September 6, 2021 (The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Fla. (Reuters) – Not only are hedge funds ramping up their bets on a higher 10-year U.S. Treasury yield, they are doing so on a historic scale. The latest move in Commodity Futures Trading Commission […]

September 6, 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. […]

September 6, 2021 By Lawrence White LONDON (Reuters) – Goldman Sachs will list asset management unit Petershill Partners on the London Stock Exchange for $750 million, it said on Monday. Petershill, which takes minority stakes in private equity and hedge funds, will be a standalone company operated by the Goldman Sachs Asset Management team, it […]

September 6, 2021 (Reuters) – The Taliban claimed victory on Monday over opposition forces in the Panjshir valley northeast of Kabul, completing their takeover of the country following the stunning capture of Kabul last month and the chaotic withdrawal of foreign troops. Pictures on social media showed Taliban members standing in front of the gate […]

September 6, 2021 By Steve Keating NEW YORK (Reuters) – Barbora Krejcikova survived a Garbine Muguruza fight back and late injury issue to claim a 6-3 7-6(4) win and move into the quarter-finals of the U.S. Open on Sunday, while her Spanish opponent’s run at Flushing Meadows ended at a familiar roadblock. Playing in the […]

September 6, 2021 By Tommy Wilkes LONDON (Reuters) – Refinitiv is considering a series of changes to its daily foreign exchange (FX) fixing, including lengthening the trading window used to calculate it, a senior company executive said, amid industry concerns over the global benchmark which used to value trillions of dollars of assets. The 27-year-old […]

September 6, 2021 By Aaron Ross (Reuters) – The apparent overthrow of President Alpha Conde in Guinea capped a steady slide from grace for the veteran opposition leader and human rights professor whom critics say failed to live up to pledges to deliver democratic restoration and ethnic reconciliation. It was not entirely clear what had […]

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much bigger companies, is today announcing some funding to bulk up its own position: the company has raised $80 million, funding that it will be using […]