News

September 15, 2021 HONG KONG (Reuters) – Macau’s government begins a 45-day public consultation on Wednesday to gauge public opinion on changes to its gaming law ahead of the rebidding process of its multi-billion dollar casinos next year. WHAT IS HAPPENING? Casino operators Sands China, Wynn Macau, Galaxy Entertainment, SJM Holdings, Melco Entertainment and MGM […]

September 15, 2021 STOCKHOLM (Reuters) -Sales at Sweden’s H&M, the world’s second-biggest fashion retailer, increased less than expected from a year ago in the three months through August, and remained lodged below pre-pandemic levels. The company said on Wednesday sales grew 9% from a year earlier, or 14% measured in local currencies, to 55.6 billion […]

September 15, 2021 LONDON (Reuters) -British inflation hit a more than nine-year last month after the biggest monthly jump in the annual rate in at least 24 years, official data showed on Thursday. Consumer prices rose by 3.2% in annual terms in August after a 2.0% rise in July, the highest rate since March 2012, […]

September 15, 2021 By Sharon Bernstein SACRAMENTO, Calif. (Reuters) – California Governor Gavin Newsom on Tuesday handily beat back a Republican campaign to oust him from office, sending a decisive message that voters in the deeply Democratic state supported his policies for tackling COVID-19, immigration and crime. Newsom, who won his first term in 2018 […]

September 15, 2021 By Wendell Roelf CAPE TOWN (Reuters) – Efforts to develop an African base for COVID-19 vaccine production will focus on trying to replicate Moderna’s shot, but a lack of progress in talks with the U.S. company mean the project will take time, a senior WHO official told Reuters. The drive to produce […]

September 15, 2021 (Reuters) – John McEnroe was met with a backlash after his comments about Emma Raducanu when she retired from Wimbledon in July but the American said he was “very supportive” of her at the time and praised the Briton for her stunning U.S. Open victory. Making her major debut, Raducanu retired from […]

September 15, 2021 PARIS (Reuters) – French investment company Antin Infrastructure Partners will float its shares at a price range between 20 and 24 euros in its upcoming initial public offering (IPO), the company said on Wednesday. The IPO involves a capital increase of about 350 million euros ($416 million) through the issuance of new […]

September 15, 2021 By Yew Lun Tian QUESHAN, China (Reuters) – China’s armed forces concluded their first multinational peacekeeping exercise on Wednesday, showing off their combat prowess with drones and mine-clearing robots while seeking to project a more benign image. As the Asian giant modernises and beefs up its military by pumping hundreds of billions […]

September 15, 2021 By Sara Cheng HONG KONG (Reuters) – Nine Hong Kong pro-democracy activists were sentenced to between six and 10 months in prison on Wednesday for taking part in an unauthorised assembly at last year’s vigil for the victims of China’s 1989 Tiananmen Square crackdown on protesters. The former British colony, which returned […]

Groww, an Indian startup that is helping millennials invest in mutual funds and stocks, is in advanced stages of talks to raise a new financing round at a $3 billion valuation, according to six people familiar with the matter. The Bangalore-based startup is negotiating to close a $250 million round, the people said, requesting anonymity […]

September 15, 2021 ABUJA (Reuters) – Annual inflation in Nigeria was 17.01% in August, compared with 17.38% in July, the National Bureau of Statistics said on Wednesday. A separate food price index showed inflation at 20.3% in August, compared with 21.03% in July. (Reporting by Chijioke Ohuocha; Editing by Christian Schmollinger) Source Link Nigerian annual […]

September 15, 2021 (Reuters) – The U.S. Open women’s final between Emma Raducanu and Leylah Fernandez attracted a bigger audience on ESPN than the men’s clash featuring calendar year Grand Slam-chasing Novak Djokovic and Russia’s Daniil Medvedev, the U.S. sports channel said. The Saturday broadcast of the women’s final peaked at 3.4 million viewers while […]

September 15, 2021 JAKARTA (Reuters) – South Korea’s LG Energy Solution (LGES) and Hyundai Motor Group have started construction on a $1.1 billion plant to make batteries for electric vehicles (EVs) in Indonesia, amid a push by the Southeast Asian nation to tap its rich nickel reserves. In a video broadcast on Wednesday, Indonesian President […]

September 15, 2021 By Hyonhee Shin SEOUL (Reuters) -North Korea fired a pair of ballistic missiles off its east coast, South Korea’s Joint Chiefs of Staff said on Wednesday, days after testing a long-range cruise missile. Pyongyang has been steadily developing its weapons programme amid a standoff over talks aimed at dismantling its nuclear and […]

Supply chains can be a complex logistical challenge. But they pose an even greater environmental challenge. And it’s that latter problem — global supply-chain sustainability — where UK startup Sourceful is fully focused, although it argues its approach can boost efficiency as well as shrink environmental impact. So it’s a win-win, per the pitch. Early […]

September 15, 2021 JAKARTA (Reuters) – Indonesia’s exports hit a record high of $21.42 billion in August, rising 64.1% on a yearly basis, boosted by a surge in shipments of mining products, data from the country’s statistics bureau showed on Wednesday. The growth pace handily beat an analysts’ forecast in a Reuters poll for a […]

September 15, 2021 (Reuters) – Bryson DeChambeau said he has “wrecked” his hands by training for long-drive contests, as the American ramps up his preparation for next week’s Ryder Cup. The world number seven will make his second appearance at the Ryder Cup, a biennial team competition between the United States and Europe, which will […]

September 15, 2021 SINGAPORE (Reuters) – Brokerages in China have dropped detailed currency forecasts from their research notes, or have restricted access to them, underlining the growing sensitivity in the financial sector to a regulatory clampdown on speculative investment. Their disappearance follows pressure to avoid stockmarket forecasts as well as a ban by authorities on […]

September 15, 2021 HANOI (Reuters) – Vietnam’s gross domestic product could grow between 3.5%-4.0% this year, well below the government’s earlier target of 6.5%, the country’s Minister of Planning and Investment Nguyen Chi Dung was cited by state media as saying. Dung said strict coronavirus restrictions had caused significant disruption to production and business activities, […]

September 15, 2021 TOKYO (Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son on Wednesday said so-called smart robots can revitalise Japan’s economy and competitiveness, doubling down on robotics just as the company’s much-hyped “Pepper” robot prepares to bow out. Son, at the online SoftBank World 2021 conference, said the firm’s Vision Fund https://ift.tt/3Ae4TeS is […]