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Aussie perks up as Evergrande relief lifts investor sentiment

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 By Hideyuki Sano TOKYO (Reuters) – The Australian dollar jumped and the safe-haven yen eased slightly on Wednesday after struggling Chinese property giant Evergrande said it would make an upcoming bond coupon, allaying immediate fears about a messy corporate collapse. Some of the excitement fizzled, however, after traders realised it was still […]

Filed Under: News

Indigenous protestors seek Norwegian ‘asylum’ for Brazilian tree

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 BRASILIA (Reuters) – Indigenous activists delivered a Jatoba tree to Norway’s embassy in Brasilia on Tuesday, seeking “refugee” status for it in a symbolic protest against the destruction of Brazil’s Amazon rainforest. The protest coincided with Brazilian President Jair Bolsonaro at the United Nations General Assembly defending what he described as his […]

Filed Under: News

Czech president Zeman to be released from hospital on Wednesday

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 PRAGUE (Reuters) – Czech President Milos Zeman, 76, will be released from hospital on Wednesday after an eight-day stay. A spokeswoman for the Prague Central Military Hospital told Reuters in a text message Zeman would be discharged around 11 a.m. She did not give any details and did not respond to questions […]

Filed Under: News

Nigerians offer artworks to British Museum in new take on looted bronzes

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 By Tife Owolabi and Estelle Shirbon BENIN CITY, Nigeria (Reuters) – A new guild of artists from Nigeria’s Benin City has offered to donate artworks to the British Museum in London as a way to encourage it to return the priceless Benin Bronzes that were looted from the city’s royal court by […]

Filed Under: News

Germany’s Ifo institute cuts 2021 GDP growth forecast to 2.5%

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 BERLIN (Reuters) – Germany’s Ifo economic institute said on Wednesday it cut its growth forecast for Europe’s largest economy for this year as supply chain disruptions and scarcity of intermediate goods are slowing down the recovery from the COVID-19 pandemic. The Ifo institute now sees Germany’s gross domestic product (GDP) to grow […]

Filed Under: News

Divided Swiss to vote on same-sex marriage after fraught campaign

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 By Silke Koltrowitz, Brenna Hughes Neghaiwi and Cecile Mantovani ZURICH (Reuters) – Swiss voters decide on Sunday whether to allow same-sex couples to wed and adopt children after a highly charged campaign pitted gay rights activists against traditionalists in one of the last Western European countries to still ban gay marriage. The […]

Filed Under: News

Northern Irish police arrest two more over killing of journalist Lyra McKee

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 DUBLIN (Reuters) – Northern Irish police on Wednesday arresed two more men in relation to the 2019 killing of journalist Lyra McKee in Londonderry, whose death caused outrage in the British-run province. The men, aged 24 and 29, were arrested under the Terrorism Act by officers investigating McKee’s murder, police said. The […]

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Canaries volcano lava gushes towards sea, eruption goes on

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 LA PALMA, Spain (Reuters) – Lava poured from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, blanketing houses and fields, a day after people with homes on the path of the molten rock were allowed back briefly to recover belongings. Towers of magma burst […]

Filed Under: News

London Stock Exchange calls time on CurveGlobal derivatives arm

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 LONDON (Reuters) – The London Stock Exchange Group said it will shut its five-year old derivatives trading arm CurveGlobal after failing to win sufficient market share in interest rate futures from long-established rivals. CurveGlobal sought to win business in a sector dominated by entrenched rivals Deutsche Boerse and ICE. The LSE said […]

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India may let foreign investors buy up to 20% in LIC IPO- source

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 (This Sept. 8 story corrects first paragraph to show plan refers to purchases in the IPO, not of the company) By Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – The Indian government is considering allowing foreign institutional investors to buy up to 20% of state-owned Life Insurance Corporation’s initial public offering, […]

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ECB to mull upping regular bond purchases after emergency scheme: Bloomberg

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 FRANKFURT (Reuters) – The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday. “I realise that it would be a problem if there is a very sharp cliff effect at the end of […]

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Bundesbank says Germany’s banking system strong despite pandemic

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 BERLIN (Reuters) – Germany’s banking system is still robust despite a year and half of the COVID-19 pandemic but the crisis is not over yet, Bundesbank board director Joachim Wuermeling said on Wednesday. Wuermeling said the Bundesbank will restore normal regulatory requirements for banks but will make sure not to overburden lenders, […]

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Hai Robotics picks up $200M for its warehouse robot

September 22, 2021 by David Barret Leave a Comment

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, […]

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Polish court to rule on primacy of EU law amid tensions with Brussels

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 WARSAW (Reuters) – Poland’s Constitutional Tribunal could rule on Wednesday on whether the country’s constitution or European Union treaties take precedence, a key judgement which an EU commissioner said was holding up the release of EU funds to Warsaw. Poland is involved in a series of disputes with the EU on issues […]

Filed Under: News

Indonesia to use “existing laws” as palm oil moratorium expires

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 JAKARTA (Reuters) – Indonesia will use existing laws in a jobs creation bill passed last year to deal with issues around sustainable palm oil production, a senior official said on Wednesday, after a moratorium on new plantation permits recently ended. The Southeast Asian country, the world’s top palm oil producer, launched the […]

Filed Under: News

Locked-down Melbourne tightens security for COVID-19 protests

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 By Renju Jose and Paulina Duran SYDNEY (Reuters) -Police fanned out on Wednesday across the centre of Australia’s second-largest city of Melbourne, to keep a lid on a third successive day of protests over COVID-19 lockdown curbs, as the state of Victoria saw another rise in infections. More than 60 people were […]

Filed Under: News

Myanmar town near India border sees exodus as thousands flee fighting

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 (Reuters) – Most of the population of a Myanmar town near the Indian border have fled after buildings were set ablaze by artillery amid fighting between militia forces opposed to military rule and the army, according to residents and media reports. About 10,000 people normally live in Thantlang in Chin State, but […]

Filed Under: News

European shares rise on Evergrande relief, gains in travel & leisure

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 (Reuters) – European stocks rose on Wednesday, recovering from its early-week losses after debt-laden China Evergrande said it would make some interest payments, while travel and leisure stocks jumped to a 14-week high. Evergrande’s Frankfurt-listed shares jumped 15.1% after hitting multi-year lows in the previous session. The property developer said it would […]

Filed Under: News

French fiscal watchdog sees smaller deficit than expected by government

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 PARIS (Reuters) – France’s public sector budget deficit is likely to come in smaller than expected this year and any extra tax income should go towards reducing the public debt, the budget oversight panel said on Wednesday.     The government is forecasting a budget deficit this year of 8.4% of gross […]

Filed Under: News

Traton hit by supply chain shortages, expects issues into next year

September 22, 2021 by David Barret Leave a Comment

September 22, 2021 BERLIN (Reuters) – German truck maker Traton said on Wednesday that sales in September were particularly hard hit by a global shortage of chips and other car parts, and that the company expected the shortages to continue into next year. “Global supply chains are not only lacking chips but numerous other products… […]

Filed Under: News

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