News

September 3, 2021 By Andrea Shalal and Daphne Psaledakis WASHINGTON (Reuters) – The Biden administration has no plans to release billions in Afghan gold, investments and foreign currency reserves parked in the United States that it froze after the Taliban’s takeover, despite pressure from humanitarian groups and others who say the cost may be the […]

September 3, 2021 (Reuters) – Taliban co-founder Mullah Baradar will lead a new Afghan government that could be announced soon, sources in the Islamist group said on Friday, as it battled rebel fighters while striving to ward off economic collapse. Baradar, who heads the Taliban’s political office, will be joined by Mullah Mohammad Yaqoob, the […]

September 3, 2021 VLADIVOSTOK, Russia (Reuters) – President Vladimir Putin said on Friday that Russia should start regular container shipments via the Northern Sea Route across its northern flank from Vladivostok to St Petersburg next year. Russia is investing in infrastructure to develop the Northern Sea Route and wants it to become a major shipping […]

Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among the leading players. This year we have covered BNPL services from the likes of […]

September 3, 2021 By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) on Thursday barred Virgin Galactic from flying its SpaceShipTwo until the agency approves its final mishap investigation report from its July flight or determines the issues do not affect public safety. The FAA confirmed on Wednesday it was investigating a deviation […]

September 3, 2021 By Praveen Menon WELLINGTON (Reuters) -New Zealand police on Friday shot and killed a “violent extremist” known to the police, Prime Minister Jacinda Ardern said, after he stabbed and wounded at least six people in a supermarket. The attacker, a Sri Lankan national who had been in New Zealand for 10 years, […]

September 3, 2021 In his first career start, C.J. Stroud threw for 294 yards and four second-half touchdowns as No. 4 Ohio State rallied to defeat Minnesota 45-31 on Thursday at Minneapolis in the season opener for each team. Stroud, who had never thrown a collegiate pass, was 13-for-22 with one interception for the Buckeyes, […]

September 3, 2021 (Reuters) – Mullah Baradar, the head of the Taliban’s political office, will lead the new government in Afghanistan, at least three sources in the Islamist group said on Friday. Mullah Mohammad Yaqoob, the son of late Taliban founder Mullah Omar, and Sher Mohammad Abbas Stanekzai will take senior positions in the government, […]

September 3, 2021 Darin Ruf broke an eighth-inning tie with a double after video review overturned what would have been the third out and Thairo Estrada followed with a three-run home run as the San Francisco Giants salvaged one win in their four-game series against the visiting Milwaukee Brewers with a 5-1 victory on Thursday […]

September 3, 2021 By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew more than initially reported in the second quarter thanks to stronger business spending, a Reuters poll showed, though a resurgence of coronavirus infections is seen weighing on growth going forward. Separate data due next week will likely show household spending rebounded in […]

September 3, 2021 HANOI (Reuters) – Vietnam’s coronavirus epicentre Ho Chi Minh City is proposing to resume its economic activities from Sept. 15 after a strict lockdown, in a shift from its “Zero-COVID-19” containment strategy, according to a draft proposal from the city. The city of 9 million people is targeting the full vaccination of […]

September 3, 2021 BERLIN (Reuters) – The number of employees put on reduced working hours in job protection schemes in Germany fell by 35% in August, the economic institute Ifo said on Friday, as recovery in Europe’s largest economy continues. The number of people on the short-time work scheme, also known as Kurzarbeit, fell to […]

September 3, 2021 (Reuters) – U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains. Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and […]

September 2, 2021 By Michel Rose MARSEILLE, France (Reuters) – French President Emmanuel Macron unveiled a multibillion-euro plan to turn Marseille into what he called a world city and help slash crime, drug trafficking and poverty, offering clues to campaign themes in his likely re-election bid. After a summer spent on international crises, Macron is […]

September 3, 2021 BANGKOK (Reuters) – Anti-government protesters planned more demonstrations on Friday to demand Prime Minister Prayuth Chan-ocha resigns, as lawmakers challenged the premier and five ministers over their handling of a coronavirus crisis on the last day of a house censure debate. Activists vowed to protest daily until Prayuth leaves office, after staging […]

In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees  — and sometimes both. Still, a growing number of early-stage investors with […]

Realme has announced that the first Tab from the Chinese company is all set to be launched on September 9. And, India would the first geography where the Realme Tab would be making its official appearance.  Realme announced in a tweet that the event to launch the Realme Pad will take place at 12.30 PM […]

September 3, 2021 By Lisa Pauline Mattackal (Reuters) – omThe U.S. Federal Reserve is likely to announce the tapering of its asset purchases in November and begin the process a month later, former Federal Reserve official Dennis Lockhart said on Thursday. Waiting until November will give policymakers more data on the labor market’s recovery and […]

September 3, 2021 By Elaine Lies TOKYO (Reuters) – When Yoshihide Suga took over as Japan’s prime minister last year, hopes were high that skills honed over years as a keen backroom operator, and a common touch from his rural roots, would enable him to lead his nation through the pandemic. Instead, the virus surged […]

September 3, 2021 BENGALURU (Reuters) – India’s dominant services industry returned to growth in August, expanding at its fastest pace since the pandemic began, as businesses reopened amid improved vaccination rates, a survey showed on Friday, although firms continued to cut jobs. Despite the impact of the second wave of the COVID-19 pandemic, India’s economic […]