News

September 15, 2021 By Giuseppe Fonte ROME (Reuters) – Italy’s Treasury expects the economy to grow by around 6% this year and by more than 4% in 2022, two sources close to the matter told Reuters on Wednesday, taking gross domestic product back above its pre-pandemic level by the end of next year. The 2021 […]

September 15, 2021 By Francesco Canepa FRANKFURT (Reuters) – A spike in euro zone inflation to above the European Central Bank’s target is a temporary “hump”, the ECB says – dusting off a metaphor used a decade ago by its then-president Jean-Claude Trichet. In 2011, the ECB hiked interest rates twice in four months, with […]

September 15, 2021 By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris will urge Congress on Wednesday to back proposed spending on affordable child care, armed with a new Treasury report that maps out big benefits such care offers the economy. Congress is considering a $3.5 trillion package […]

September 15, 2021 By Lisa Richwine LOS ANGELES (Reuters) – “The Morning Show,” the Apple TV+ series that tackled the #MeToo movement via the lens of a fictional newscast in its first season, returns this week and explores topics from racism and homophobia to addiction and cancel culture. The COVID-19 pandemic prompted the show’s creators […]

September 15, 2021 By Sarah N. Lynch WASHINGTON (Reuters) – Olympic gymnasts Simone Biles and Aly Raisman will testify on Wednesday about the sexual abuse they suffered at the hands of disgraced USA Gymnastics doctor Larry Nassar, as the U.S. Senate examines why the FBI failed to investigate his crimes sooner. Biles and Raisman will […]

September 15, 2021 DAKAR (Reuters) – Ghana’s economy grew by 8.9% in the second quarter, President Nana Akufo-Addo told an investment conference on Wednesday as the oil-, cocoa-, and gold-producing nation recovers from the impact of the coronavirus pandemic. “In spite of the ravages of the pandemic, we’re working to grow the economy at a […]

September 15, 2021 By Anna Wlodarczak-Semczuk WARSAW (Reuters) – The leader of Poland’s ruling party has signalled it will try to overturn the Senate’s rejection of a media bill which opponents say is intended to silence a U.S.-owned channel that is critical of the government. The bill outlines reforms that would strengthen a ban on […]

September 15, 2021 ATHENS (Reuters) – Greece’s jobless rate dropped to 14.2% in July from 15.0% in the previous month, data from the statistics service ELSTAT showed on Wednesday. Seasonally adjusted data showed 664,384 people were officially unemployed, with those aged under 24 the hardest hit. The jobless rate for young people aged 15-24 dropped […]

September 15, 2021 By Julio-Cesar Chavez and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – The latest in a recent line of space-obsessed billionaires was set for liftoff on Wednesday with three less wealthy private citizens along for the ride aboard a SpaceX rocket ship, seeking to become the first all-civilian crew launched into Earth orbit. […]

September 15, 2021 WASHINGTON (Reuters) – Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like Facebook and Alphabet’s Google did that were sometimes too small to prompt antitrust review. The agency, which began holding open meetings after progressive Lina Khan became chair in June, will […]

September 15, 2021 (Reuters) – U.S. President Joe Biden is expected to meet Wednesday with executives from companies including Walt Disney Co, Microsoft Corp and Walgreens Boots Alliance Inc to advance his COVID-19 vaccination requirements for the private sector, the Wall Street Journal reported https://ift.tt/398VCcc. The Biden administration is advocating for state and local leaders […]

September 15, 2021 FRANKFURT (Reuters) – Commerzbank is planning to appoint Erste Group’s <ERST.VI> Thomas Schaufler and Roland Berger’s Joerg Oliveri del Castillo-Schulz to its management board, Handelsblatt reported on Wednesday. The German lender’s supervisory board is debating personnel issues at a meeting on Wednesday and is expected to make an announcement in the afternoon. […]

September 15, 2021 By Richard Lough PARIS (Reuters) – For Paris photographer Olivier Sanchez, there is only one story in town: the new life of Lionel Messi. Newspapers and magazines around the world harangue his Crystal Pictures agency for images of the Argentine footballer, his wife and children settling into the French capital a month […]

September 15, 2021 By Lisa Keddie LONDON (Reuters) – Singer Lola Lennox teamed up with her boyfriend, model and musician Braeden Wright as well as her famous mother, Eurythmics singer Annie Lennox, to work on her music during lockdown, producing six tracks for her upcoming debut EP. London-born Lennox, who lives in Los Angeles, has released […]

September 15, 2021 WASHINGTON (Reuters) – The top U.S. general secretly called his Chinese counterpart twice over concerns then-President Donald Trump could spark a war with China as his potential election loss loomed and in its aftermath, the Washington Post reported on Tuesday. U.S. General Mark Milley, chairman of the Joint Chiefs of Staff, called […]

September 15, 2021 By Jason Lange and Chris Kahn WASHINGTON (Reuters) – A one-year expansion of the U.S. child tax credit, a policy championed by President Joe Biden and his fellow Democrats over Republican opposition, has disproportionately benefited states that voted for former President Donald Trump in 2020, a Reuters review of Treasury Department data […]

September 15, 2021 WASHINGTON (Reuters) – U.S. President Joe Biden denied on Tuesday a media report that his Chinese counterpart, Xi Jinping, last week turned down an offer from Biden for a face-to-face meeting. The Financial Times cited multiple people briefed on a 90-minute call between the two leaders last week as saying Xi did […]

September 15, 2021 By Sara Cheng HONG KONG (Reuters) – Hong Kong’s security chief called on Wednesday for the city’s main press association to disclose to the public who its members work for and how many of them are students, a day after he accused the group of infiltrating schools. The comments by Secretary for […]

Ireland’s Data Protection Commission (DPC) has yet another ‘Big Tech’ GDPR probe to add to its pile: The regulator said yesterday it has opened two investigations into video sharing platform TikTok. The first covers how TikTok handles children’s data, and whether it complies with Europe’s General Data Protection Regulation. The DPC also said it will examine […]

September 15, 2021 By Tom Arnold LONDON (Reuters) – A unit in Afghanistan’s central bank leading a 15-year effort to counter illicit funding flows has halted operations, four staff members said, threatening to hasten the country’s slide out of the global financial system. Since 2006, the Financial Transactions and Reports Analysis Center of Afghanistan (FinTRACA) […]