News

September 17, 2021 By Tommy Wilkes LONDON (Reuters) – The dollar held near three-week highs on Friday after better-than-expected retail sales numbers in the United States boosted bets on the strength of the U.S. economy and earlier monetary policy tightening. The euro pulled itself into positive territory by the European mid-morning but at $1.1783 remained […]

September 17, 2021 By Gergely Szakacs BUDAPEST (Reuters) -Hungary must remain a member of the European Union to ensure continued access to the bloc’s single market, Prime Minister Viktor Orban said on Friday. Hungary and Poland have been at odds with Brussels over issues ranging from LGBT rights to media freedoms. In July, the executive […]

September 17, 2021 By Hyonhee Shin SEOUL (Reuters) – North Korea’s state media accused the United States on Friday of double standards over military activities and pursuing a hostile policy towards Pyongyang that was hampering the restart of talks on the country’s nuclear weapons and missile programmes. The commentary comes after North Korea and South […]

September 17, 2021 By Liz Lee KUALA LUMPUR (Reuters) -Malaysia’s AirAsia X Bhd (AAX) has made “substantial progress” in months-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said. Benyamin Ismail told Reuters in a telephone interview that […]

September 17, 2021 By Kate Abnett BRUSSELS (Reuters) – Wealthy countries likely missed a goal to contribute $100 billion last year to helping developing nations deal with climate change, according to the head of the Organisation for Economic Co-operation and Development (OECD), after increasing funding by less than 2% in 2019. Rich countries are under […]

September 17, 2021 By Liz Lee and Scott Murdoch KUALA LUMPUR (Reuters) -Malaysia’s Top Glove Corp Bhd said on Friday it will renew its listing application to push ahead with its plans to raise $1 billion in Hong Kong despite a 48% slide in its quarterly earnings. The world’s largest medical glove maker has been […]

September 17, 2021 By Julien Pretot PARIS (Reuters) – After failing to impress in their first outing together, Lionel Messi, Neymar and Kylian Mbappe clearly have a long way to go before the most lethal attacking trio in the world, on paper, can produce the goods on the pitch for Paris St Germain. None of […]

September 17, 2021 LONDON (Reuters) – Lloyd’s of London wants the commercial insurance market to recruit a third of its workforce from ethnic minorities, it said on Friday, as it attempts to improve diversity. Nearly 50,000 staff are employed in Lloyd’s underwriting and broking firms, which arrange specialist risks from oil rigs to footballers’ legs. […]

September 17, 2021 By Shivani Singh BENGALURU (Reuters) -Biocon Ltd said late on Thursday its biologics unit will sell a 15% stake to a Serum Institute of India (SII) subsidiary for access to 100 million doses of vaccines annually for 15 years, including COVID-19 shots. SII, which makes AstraZeneca’s COVID-19 shot, branded as Covishield in […]

September 17, 2021 By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while tying any actual change to U.S. job growth in September and beyond. Fed […]

September 17, 2021 By Leonhard Foeger VIENNA (Reuters) – A trial opened in Vienna on Friday over an outbreak of the coronavirus at the ski resort of Ischgl in early 2020 in which Austrian authorities stand accused of responding too slowly, possibly due to pressure from the tourist sector. The outbreak at Ischgl was Austria’s […]

September 17, 2021 ATHENS (Reuters) – International air traffic to Greece picked up strongly in August at the peak of the summer tourism season, civil aviation authority data showed on Friday. Arrivals nearly doubled in that month to 3,042,098, from 1,666,222 a year earlier when the world was gripped by the first wave of the […]

Apple and Google have removed a tactical voting app created by the organization of jailed Kremlin critic, Alexei Navalny, from their respective mobile app stores in Russia. Earlier this week Reuters reported that the Russian state had been amping up the pressure on foreign tech giants ahead of federal elections — appropriating the language of […]

September 17, 2021 BERLIN (Reuters) – The Beijing 2022 Winter Olympics will have tight COVID-19 countermeasures in place to ensure the safety of all participants, the International Olympic Committee said on Friday. Just over a month after the closing ceremony of the Tokyo 2020 Games, IOC President Thomas Bach said in an open letter that […]

September 17, 2021 MADRID (Reuters) – The European Central Bank is not foreseeing an interest hike in the euro zone in 2023, ECB policymaker Pablo Hernandez de Cos said on Friday. The comments from De Cos came after ECB chief economist Philip Lane revealed in a private meeting with German economists that the ECB expected […]

September 17, 2021 HONG KONG (Reuters) -The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies (SPACs) to list, a bid to tap the frenzy for such investment vehicles in the United States earlier this year. The proposal is open for public consultation, with the deadline for […]

September 17, 2021 MOSCOW (Reuters) – Uzbek President Shavkat Mirziyoyev urged other nations on Friday to unfreeze Afghanistan’s assets kept in foreign banks to facilitate dialogue with the Taliban government in Kabul. Following the Taliban takeover in Afghanistan, U.S. President Joe Biden’s administration has said any central bank assets the Afghan government has in the […]

September 17, 2021 VILLACH, Austria (Reuters) – Infineon Technologies opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting the German semiconductor company’s ability to supply power chips for cars, datacenters and renewable power generation. The plant in Villach, ready three months early, will make chips on 300 mm wafers thinner than […]

September 17, 2021 By Sheila Dang (Reuters) – Facebook Inc is rolling out new ways for businesses to find and chat with potential customers on its apps, the social media company said Thursday, as it seeks to become an online shopping destination. The new features will help Facebook, already a leader in digital advertising, offer […]

September 17, 2021 VILLACH, Austria (Reuters) – Infineon CEO Reinhard Ploss said on Friday that he expected silicon chip prices to rise significantly, adding that semiconductor makers needed to cover the cost of investments to meet booming demand. “We expect significant price increases,” Ploss told a news conference at an opening ceremony for Infineon’s new […]