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 […]
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Exclusive: Refinitiv examines changes to key daily FX fixing window
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 […]
Newsmaker: Toppled Conde failed to live up to pledges in Guinea
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 […]
Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’
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 […]
Tennis-Young Fernandez has a ‘great future’, says Kerber after US Open loss
September 6, 2021 NEW YORK (Reuters) – Leylah Fernandez has had a great start to her career and the teenager has a big future ahead of her, former champion Angelique Kerber said on Sunday after losing 4-6 7-6(5) 6-2 to the Canadian https://ift.tt/3zNgpO3 at the U.S Open. Fernandez, who turns 19 on Monday, knocked out […]
China’s export, import growth likely eased in Aug on COVID-19 cases, supply bottlenecks: Reuters poll
September 6, 2021 BEIJING (Reuters) – China’s export growth is expected to have moderated in August amid port congestion caused by fresh COVID-19 cases, a Reuters poll showed, while the pace of imports also slowed, highlighting the growing pressure on the world’s second-largest economy. The forecast slackening in overall trade add to a flurry of […]
Analysis: Sovereign wealth funds sweet on China, despite regulatory headwinds
September 6, 2021 By Tom Arnold LONDON (Reuters) – Sovereign wealth funds remain keen on China, despite regulatory crackdowns, planning standalone investment strategies and piling into venture capital and real estate, according to data and analysts. Investors in China have been shaken in recent weeks by a slew of regulations targeting sectors ranging from gaming […]
European banks still booking profits in tax havens, says report
September 6, 2021 LONDON (Reuters) – Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the EU Tax Observatory said in a report on Monday. The independent research body, co-financed by the European Union, said disclosures from […]
Texas city to offer Samsung large property tax breaks to build $17 billion chip plant
September 6, 2021 (Reuters) – The city of Taylor, Texas – one of two locations in the state under consideration by Samsung Electronics for a $17 billion chip plant – plans to offer extensive property tax breaks if it is chosen by the South Korean tech giant. Taylor is competing with Austin, Texas to land […]
Hong Kong pet funerals aim for respectful farewell rather than landfill waste
September 6, 2021 By Aleksander Solum HONG KONG (Reuters) – In Hong Kong, where land is at a premium and burials are expensive, pet owners can choose “green burials” at more than a dozen animal crematoriums – an option that Kent Luk, who runs a dog shelter, says brings compassion to their deaths. Luk, owner […]
Australia sees strong future for coal beyond 2030 despite U.N. call
September 6, 2021 MELBOURNE (Reuters) – Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations envoy called on the country to phase out the fossil fuel. Without greater efforts to cut coal, climate change […]
Dukaan raises $11 million to help merchants in India set up online stores
Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11 million in a new financing round as it looks to broaden its offerings and deepen footprints in the South Asian market. The new financing round, a Pre-Series A, was led by […]
Tennis-Briton Raducanu prepared to tackle Rogers, home crowd at US Open
September 6, 2021 NEW YORK (Reuters) – Emma Raducanu’s dream run at the U.S. Open looked to be taking her to a last-16 tie with Ash Barty but while the 18-year-old Briton has avoided the world number one she will be up against a surging Shelby Rogers and raucous home crowd on Monday. Raducanu, ranked […]
UK new car sales fell 22% in August, preliminary data shows
September 6, 2021 LONDON (Reuters) – British new car registrations in August fell 22% year on year, preliminary industry data showed on Monday, with the sector still battling pandemic-related supply difficulties. Over the first eight months of the year the market is up about 20% from 2020, the Society of Motor Manufacturers and Traders […]
Taliban claim complete control of Afghan province of Panjshir
September 6, 2021 (Reuters) – The Taliban have taken complete control of Panjshir province, the last area in Afghanistan being held by resistance forces, the Islamist militant group’s spokesman, Zabihullah Mujahid, said on Monday. Pictures on social media showed Taliban members standing in front of the gate of the Panjshir provincial governor’s compound. There was […]
Tennis-Auger-Aliassime breaks down Tiafoe’s defences to reach quarters
September 6, 2021 By Amy Tennery NEW YORK (Reuters) – Felix Auger-Aliassime broke through Frances Tiafoe’s defences to win 4-6 6-2 7-6(6) 6-4 at the U.S. Open on Sunday in a fourth-round battle between two of the sport’s brightest young talents. Both players came into the tie at Arthur Ashe Stadium on the back of […]
Soccer-Four South Asian nations back FIFA’s biennial World Cup push
September 6, 2021 MUMBAI (Reuters) – Governing body FIFA’s proposal to hold the World Cup every two years instead of every four has received support from four football federations in South Asia, who said it would spur development of the game in the region. In May, FIFA’s congress voted to carry out a feasibility study […]
Australia’s treasurer says economy must diversify from China reliance
September 6, 2021 SYDNEY (Reuters) – Australia must diversify its economy to rely less on China, its largest trading partner, Treasurer Josh Frydenberg said on Monday, as he warned businesses to brace for new tensions with Beijing. Australia’s relations with China soured after it banned Huawei from its 5G broadband network in 2018 and cooled […]
Thai August headline CPI unexpectedly dips 0.02% y/y
September 6, 2021 BANGKOK (Reuters) – Thailand’s headline consumer price index (CPI) unexpectedly dropped 0.02% in August from a year earlier, due mainly to government subsidy measures, the commerce ministry said on Monday. The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase. (Reporting by […]
China’s Liu He says support for private business has not changed
September 6, 2021 BEIJING (Reuters) – China’s Vice Premier Liu He said the private economy must be supported and that “guidelines and policies for supporting the private economy have not changed…and will not change in the future,” according to a report from state-owned news agency Xinhua. Liu was speaking via video at a forum on […]