News

September 24, 2021 By David Shepardson, Stephen Nellis and Alexandra Alper WASHINGTON (Reuters) -The White House is pressing automakers, chip companies and others to cooperate in a bid for more information about the ongoing semiconductor crisis that has forced cuts to U.S. auto production, but made clear on Thursday that the industry needs to take […]

September 24, 2021 SINGAPORE (Reuters) – China Evergrande slipped toward a kind of limbo on Friday as time ticked away on an interest payment deadline which global markets are watching for signs of default, leaving investors on tenterhooks over the embattled property giant’s fate. The company has run short of cash to fund its $305 […]

September 24, 2021 By Kevin Buckland TOKYO (Reuters) – The dollar wallowed near its lowest level in a week versus major peers on Friday, as improved risk sentiment wiped out recent gains amid easing concerns about contagion from a potential China Evergrande Group default. Risk appetite returned, lifting oil and global equities, even as hawkish […]

September 24, 2021 SYDNEY (Reuters) – Australian authorities need to tighten home loan standards to cool a red-hot housing market and reduce risks to the financial system, the IMF warned on Friday, while also calling for more action on climate change. In its regular assessment of Australia, the International Monetary Fund (IMF) cautioned that monetary […]

September 24, 2021 SYDNEY (Reuters) – Australian authorities need to tighten home loan standards to cool a red-hot housing market and reduce risks to the financial system, the IMF warned on Friday, while also calling for more action on climate change. In its regular assessment of Australia, the International Monetary Fund (IMF) cautioned that monetary […]

September 24, 2021 HONG KONG (Reuters) – Shares of cash-strapped China Evergrande fell as much as 6% in early trade on Friday, paring gains of nearly 18% the previous day as time ticked by on an interest payment deadline for the country’s most indebted developer. (Reporting By Anne Marie Roantree; Editing by Sam Holmes) Source […]

September 24, 2021 By Sarah Young, Conor Humphries and Tim Hepher LONDON/TOULOUSE (Reuters) – Jetmakers see strong demand for airliners even as the industry braces for tough new environmental measures, but some financiers have raised doubts over forecasts that the $150 billion industry will return to pre-COVID growth in just a few years. Lessors and […]

September 24, 2021 WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee investigating the deadly Jan. 6 riot at the Capitol has subpoenaed four former members of Donald Trump’s administration, including Mark Meadows and Steve Bannon, the panel’s chairman said on Thursday. Former White House Deputy Chief of Staff Dan Scavino and former Defense Department […]

September 24, 2021 TOKYO (Reuters) – Japan’s factory activity grew at the slowest pace in eight months in September as output and orders contracted, while that of the services sector remained in its downturn, underscoring the protracted impact of the coronavirus pandemic. The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index (PMI) slipped to […]

September 24, 2021 By Raul Cortes MEXICO CITY (Reuters) – Mexico’s foreign ministry said on Thursday it had recovered valuable manuscripts from the 16th century, including some relating to conquistador Hernan Cortes, months after a group of academics reported them missing from Mexico’s national archives. In apparently systematic fashion, 10 documents were stolen over several […]

September 24, 2021 (Reuters) – British finance minister Rishi Sunak has ordered two immediate reviews of UK financial regulation related to the collapse of supply chain finance firm Greensill Capital, the Financial Times reported on Friday. In a letter to a parliamentary committee that issued a report in July related to Greensill’s collapse, Sunak said […]

September 24, 2021 By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices stopped falling for the first time in just over a year in August, government data showed, a source of solace for the central bank struggling to accelerate inflation towards its elusive 2% target. The Ministry of Internal Affairs and Communications data showed […]

September 24, 2021 TAIPEI (Reuters) – China is an “arch criminal” intent on bullying Taiwan and has no right to oppose or comment on its bid to join a pan-Pacific trade pact, Taiwan’s government said in an escalating war of words over Taipei and Beijing’s decision to apply. Chinese-claimed Taiwan said on Wednesday it had […]

September 23, 2021 Major League Baseball will be experimenting with pre-tacked baseballs at a “handful” of Triple-A games over the final 1 ½ weeks of the minor league season. MLB executive vice president of baseball operations Morgan Sword told Baseball America on Thursday that select teams in the highest level of the minor leagues will […]

September 23, 2021 By Renju Jose SYDNEY (Reuters) – Australia must brace for higher borrowing costs if the country fails to match other developed nations in efforts to cut carbon emissions to net zero by 2050, Treasurer Josh Frydenberg will say on Friday. “Australia has a lot at stake. We cannot run the risk that […]

September 23, 2021 By Michelle Nichols UNITED NATIONS (Reuters) – The head of Libya’s presidency council said on Thursday he will hold an international conference in October to garner support for the country’s stability, warning that it faces “serious challenges” that could undermine planned December elections. Addressing the annual U.N. gathering of world leaders in […]

September 23, 2021 By Daphne Psaledakis and Michelle Nichols UNITED NATIONS (Reuters) – Faced with what they see as an existential threat, leaders from low-lying and island nations implored rich countries at the United Nations General Assembly this week to act more forcefully against a warming planet. The failure by developed economies to effectively curb […]

September 23, 2021 By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Jair Bolsonaro said on Thursday that British Prime Minister Boris Johnson, whom he met this week in New York, asked him for an “emergency” agreement to supply a food product that is lacking in Britain. Bolsonaro, speaking on his weekly webcast to supporters, […]

September 23, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – World number one Jon Rahm and Sergio Garcia were chosen on Thursday to spearhead Europe’s Ryder Cup defence with captain Padraig Harrington sending out the Spanish duo in the opening foursomes to face Americans Justin Thomas and Jordan Spieth. In a clear indication Europe will […]

September 23, 2021 LONDON (Reuters) – Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat about the economic outlook, a survey showed on Friday. The GfK Consumer Confidence Index fell to -13 in September from -8 in August, the […]