Doping-Russia’s 2012 wrestling gold medallist Makhov gets four-year ban
(Reuters) – Russian wrestler Bilyal Makhov, who won a gold medal in the 120kg freestyle competition at the London Olympics, has been banned for four years for an anti-doping violation, the Russian …
Alarmed by Evergrande, China’s lenders hold back on new credit for property developers
By Engen Tham SHANGHAI/BEIJING (Reuters) – As fears of contagion from any default by China Evergrande Group mounted this month, some Chinese banks, insurers, and shadow banks stopped offering new …
Google, India antitrust watchdog tussle in court over probe leak
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) – Google accused India’s antitrust regulator in court on Friday of being a “habitual offender” by leaking confidential information of cases it was …
Afghan Taliban defence minister orders crackdown on abuses
PESHAWAR, Pakistan (Reuters) – The Taliban’s new defence minister has issued a rebuke over misconduct by some commanders and fighters following the movement’s victory over the Western-backed …
India’s Silicon Valley state seeks to ban online gaming, worrying booming industry
By Vishwadha Chander and Aditya Kalra BENGALURU (Reuters) – The Indian state of Karnataka, home to India’s Silicon Valley, has proposed a ban on online games involving betting and wagering, sparking …
Taiwan export orders growth underwhelms on smartphones
TAIPEI (Reuters) – Taiwan’s export orders grew less than forecast in August on unexpectedly weaker demand for new smartphones, though the government said the demand outlook for the island’s tech goods …
Italy business confidence slips in Sept but consumer morale hits record high
ROME (Reuters) – – Morale amongst Italian businesses slipped for a second month running in September but consumer confidence jumped to its highest level for more than 23 years, data showed on Friday. …
Global equity funds see their first outflows in 2021 – BofA
By Saikat Chatterjee LONDON (Reuters) -Global equity funds saw their first outflows in 2021 as rising pessimism about U.S. …
World’s youth returns to the streets to fight climate change
By Kate Abnett BRUSSELS (Reuters) – Young people around the world began taking to the streets on Friday to demand urgent action to avert disastrous climate change, in their largest protest since the …
Take Five: “Auf Wiedersehen Merkel, hallo…?”
LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/GERMANY’S ‘MUTTI’ BOWS OUT Sunday’s …
New York, London keep top spots in global financial centres index
By Huw Jones LONDON (Reuters) – New York easily kept the top spot in the latest Global Financial Centres Index (GFCI), while London held on to second place as Chinese cities slipped, according to the …
German business morale falls on manufacturing ‘bottleneck recession’
BERLIN (Reuters) – German business morale fell for the third month running in September, hit by supply chain problems that are causing a “bottleneck recession” for manufacturers in Europe’s largest …
Linda Evangelista files $50 million lawsuit over disfiguring cosmetic treatment
LOS ANGELES (Reuters) – Former supermodel Linda Evangelista has filed a $50 million lawsuit over cosmetic procedures that she says left her “brutally disfigured” and turned her into a recluse. …
Timeline: China Evergrande’s snowballing debt crisis
HONG KONG (Reuters) – Debt-ridden property developer Evergrande Group missed a dollar bond interest payment deadline, moving closing to a potential default and fuelling worries that a collapse could …
With some gas stations closed, Britain vows to solve trucker shortage
By Sarah Young, Victor Jack and Kate Holton LONDON (Reuters) -Britain on Friday vowed to do whatever it takes to resolve a trucker shortage that has forced oil giant BP to close some petrol stations …
Russia’s Yandex to launch cloud business in Germany, invest $30 million initially
MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale …
U.S. pension fund to vote against Aramco chair for Reliance board – BloombergQuint
BENGALURU (Reuters) – The California State Teachers’ Retirement Fund (CalSTRS) has decided to vote against the appointment of Saudi Aramco’s chairman as an independent director to the board of Mukesh …
European stocks slide as Evergrande concerns resurface
(Reuters) – European stocks slipped at the open on Friday on lingering worries about troubled property developer China Evergrande, with mining and retail stocks exposed to the Asian country among the …
Hungarian PM aims to restore extra pension payment faster
BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban said on Friday he aimed to speed up an extra month of payment to pensioners as he ramps up a pre-election spending spree. …
Spain says Catalan separatist leader detained in Italy must face Spanish courts
MADRID/ROME (Reuters) – Catalan separatist leader Carles Puigdemont, who was detained by Italian police in Sardinia, must face justice in Spain, the Spanish government said on Friday ahead of an …
Mexico urges Haitians at US-Mexico border to give up and head south
By Daina Beth Solomon CIUDAD ACUNA, Mexico (Reuters) – Mexican officials are urging Haitians on the Texas border trying to reach the United States to give up and return to Mexico’s frontier with …
Japan factory output seen down again in August on supply chain disruption: Reuters poll
TOKYO (Reuters) – Japan’s factory output likely fell again in August as the country’s manufacturing sector faced supply chain disruptions driven by a global chip shortage and the spread of the Delta …
Marketmind: Move over Evergrande, time to watch soaring bond yields
A look at the day ahead from Saikat Chatterjee. …
German millionaires rush assets to Switzerland ahead of election
By Oliver Hirt ZURICH (Reuters) – A potential lurch to the left in Germany’s election on Sunday is scaring millionaires into moving assets into Switzerland, bankers and tax lawyers say. …
Daimler takes 33% stake in European battery cell venture ACC
BERLIN (Reuters) – Daimler’s Mercedes-Benz on Friday said it will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC) alongside the project’s original founders Stellantis and …