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September 16, 2021 KUALA LUMPUR (Reuters) – Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012. The Finance Ministry said in a statement that the […]

September 16, 2021 BEIJING (Reuters) – China’s vice premier Liu He said on Thursday that China will “unswervingly” support the healthy development of the private economy, as well as exploring ways to alleviate pressure from rapidly rising costs on small firms, according to state media. The government needs to increase policy transparency and predictability for […]

September 16, 2021 HELSINKI (Reuters) – Any exit from the European Central Bank’s crisis-fighting measures will be “very gradual” and will ensure that favourable financing conditions are maintained, Finnish central bank chief Olli Rehn said on Thursday. The ECB will debate in December when and how to wind down its 1.85 trillion euro Pandemic Emergency […]

September 16, 2021 MADRID (Reuters) – Volkswagen’s Spanish unit SEAT plans to extend partial car assembly suspensions at its plants near Barcelona well into 2022 because of global semiconductor supply bottlenecks, the company said in a statement. “The deterioration in the supply of semiconductors now requires reorganizing, planning and adopting new labour protocols,” SEAT said, […]

September 16, 2021 TOKYO (Reuters) – Seiko Noda, a Japanese former minister for gender equality, announced on Thursday she is running to replace Prime Minister Yoshihide Suga and become the nation’s first female leader. Noda, considered a long shot, has been a consistent voice urging Japan to address its declining birthrate and fast-ageing population, while […]

September 16, 2021 LONDON (Reuters) – British retailer Marks & Spencer said it would close all 11 franchise stores with partner SFH in France over the coming months after new trade rules in place since Britain left the European Union hit product availability. The group said nine franchise stores with partner Lagardere Travel Retail continue to […]

September 16, 2021 MOSCOW (Reuters) -Russian President Vladimir Putin said on Thursday he would have to spend “a few days” in self-isolation after dozens of people in his entourage fell ill with COVID-19, the TASS news agency reported. Putin was speaking via a video link at a summit of a Russia-led security bloc being held […]

September 16, 2021 (Corrects spelling of name in paragraph 2) (Reuters) -The Taliban have denied that one of their top leaders has been killed in a shootout with rivals, following rumours about internal splits in the movement nearly a month after its lightning victory over the Western-backed government in Kabul. Suhail Shaheen, a Taliban spokesman, […]

September 16, 2021 By Francois Murphy VIENNA (Reuters) – Australia, Britain and the United States have informed the U.N. atomic watchdog of their new security partnership that will help Australia acquire nuclear submarines, and both sides plan to “engage” over the coming months, the watchdog said on Thursday. The International Atomic Energy Agency is tasked […]

September 16, 2021 By Michelle Nichols and Mary Milliken UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio Guterres on Wednesday said any suggestion the world body can solve Afghanistan’s problems is “a fantasy” and that its capacity to mediate for a more inclusive Taliban government is limited. Asked in an interview with Reuters a month […]

September 16, 2021 By Sudipto Ganguly MUMBAI (Reuters) – Inordinately long toilets breaks or medical timeouts at critical moments could soon be a thing of the past in men’s tennis with the ATP Tour planning to impose stricter rules, a source at the men’s governing body told Reuters. The practice has long been a bugbear […]

September 16, 2021 By Mike Dolan LONDON (Reuters) – If China becomes too difficult to price in wider investment indices due to Beijing’s unfolding regulatory crackdown on some of the country’s leading companies, the emerging markets universe may see some seismic shifts. That’s not to say there’s any rush to exit China so far – […]

September 16, 2021 TOLEDO, Spain (Reuters) – U.S. online retail giant Amazon will more than double its payroll in Spain to 25,000 workers by 2025 from 12,000 last year, Mariangela Marsiegla, Amazon’s vice president and general manager for Spain and Italy, said on Thursday. She added Amazon will raise the number of its logistics centres […]

September 16, 2021 PRAGUE (Reuters) – Czech car maker Skoda Auto, part of the Volkswagen group, will halt production at its domestic plants for a week at the end of September due to chip shortages, its union head said in a union newsletter on Thursday. From delayed car deliveries to a supply shortfall in home […]

September 16, 2021 (Reuters) – European stocks rose on Thursday as a rebound in travel stocks and overnight strength in Wall Street helped offset concerns about China’s slowing economy that dragged down miners. The pan-European STOXX 600 index rose 0.7%, bouncing off a six-week closing low hit in the previous session. Travel & leisure jumped […]

September 16, 2021 LONDON (Reuters) – British businesses have reported a sharp rise in recruitment difficulties over the past month, with 41% of companies with 10 or more staff reporting challenges in the two weeks to Sept. 5, up from 32% in early August, official figures showed. The Office for National Statistics said on Thursday […]

September 16, 2021 By Eric Gaillard NICE, France (Reuters) – A French hospital worker has said he is on hunger strike to protest against a government rule that healthcare workers will be suspended if they are not vaccinated against COVID-19. Thierry Paysant, a fire safety officer with the public hospital system in Nice, southern France, […]

September 16, 2021 By John Irish and Michel Rose PARIS (Reuters) -France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a lucrative defence deal that it had signed with Australia for submarines. The United States, Britain and […]

Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities, […]

One of Gogoro’s battery swapping station Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The deal sets Gogoro’s enterprise valuation at $2.35 billion and is targeted […]