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October 18, 2021

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India’s trade minister to meet Chinese counterpart on Tuesday

Reuters
Piyush Goyal, India’s Minister of Railways and Minister of Commerce and Industry, attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Denis Balibouse NEW DELHI, Oct 11 (Reuters) – India’s Trade Minister Piyush Goyal will have a one-on-one meeting with his......

Airlines warn erratic global COVID-19 rules could delay recovery

Reuters
BOSTON, Oct 5 (Reuters) – Global airlines on Tuesday wrapped up their first meeting since COVID-19 brought their industry to its knees, voicing optimism about pent-up demand but desperate for governments to harmonize disjointed border rules to avoid slipping back into recession. The International Air Transport Association (IATA), which groups......

Made-from-CO2 concrete, lululemons and diamonds spark investor excitement

Reuters
Oct 4 (Reuters) – What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2), locking up the planet warming gas. And tech startups behind these transformations are grabbing investor attention. Some use bacteria. Some use proteins.......

EXCLUSIVE White House, top Democrats agree to boost carbon capture credit in budget bill -sources

Reuters
WASHINGTON, Oct 1 (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources with knowledge......

Pandemic recovery fuels deal craze as third-quarter M&A breaks all records

Reuters
Global M&A hits all-time peak of $1.52 trillion in Q3 Cheap financing drives desire for transformative deals Volumes double in Europe driven by private-equity buyouts U.S. activity up 32% to $581 billion, Asia Pacific up 21% Frantic dealmaking surpasses all full-year records LONDON, Sept 30 (Reuters) – Global mergers and......

YouTube blocks all anti-vaccine content

Reuters
A YouTube logo seen at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21, 2015. REUTERS/Lucy Nicholson WASHINGTON, Sept 29 (Reuters) – YouTube will block all anti-vaccine content, moving beyond its ban on false information about the COVID vaccines to include content that contains......

Evergrande set to miss second offshore bond coupon payment this month, sources say

Reuters
Some Evergrande bondholders had not received coupon on Wednesday Evergrande was facing Wednesday deadline for $47.5 mln payment Company sold $1.5 billion stake in Shengjing Bank Shares in Evergrande rise as much as 17% HONG KONG, Sept 29 (Reuters) – At least some of China Evergrande’s offshore bondholders had not......

PBOC promises to protect consumers as China Evergrande teeters

Reuters
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song Housing consumers rights to be safeguarded – PBOC Evergrande shares up, bonds remain at distressed prices EV unit slides after cash warning Wednesday payment deadline looms BEIJING/HONG KONG,......

Analysis: Climate and COVID cast shadow over jet demand outlook

Reuters
A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, U.S., April 10, 2017. REUTERS/Lucy Nicholson/File Photo Aircraft investors struggle to assess climate impact Values of older aircraft undermined Some fear newer aircraft’s lives will be shorter LONDON/TOULOUSE, Sept......

Evergrande bondholders run out of hope for coupon payment on Thursday -source

Reuters
Chairman reiterates top priority is to help investors Evergrande shares rise 18% boosting other property stocks Investors and analysts play down threat of ‘Lehman moment’ HONG KONG/SINGAPORE, Sept 23 (Reuters) – China Evergrande Group (3333.HK) dollar bondholders were still waiting for information about a key interest payment due Thursday, with......

U.S. weekly jobless claims unexpectedly rise; labor market recovery on track

Reuters
People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. REUTERS/Amira Karaoud Weekly jobless claims increase 16,000 to 351,000 Four-week average of claims at 18-month low Continuing claims rise 131,000 to 2.845 million Business activity slows in September WASHINGTON, Sept 23 (Reuters)......

Scientists in Singapore transform fruit leftovers into antibacterial bandages

Reuters
Sept 20 (Reuters) – Scientists at Nanyang Technological University (NTU) in Singapore are tackling food waste by turning discarded durian husks into antibacterial gel bandages. The process extracts cellulose powder from the fruit’s husks after they are sliced and freeze-dried, then mixes it with glycerol. This mixture becomes soft hydrogel,......

China halts Taiwan sugar apple, wax apple imports to prevent disease

Reuters
FILE PHOTO: Sugar apples are displayed in a market in Recife, June 30, 2014. REUTERS/Tony Gentile BEIJING, Sept 19 (Reuters) – China will suspend sugar apple and wax apple imports from Taiwan to prevent disease carried by a pest found on the fruits from entering the country, its customs office......

SpaceX capsule with world’s first all-civilian orbital crew heads for splashdown

Reuters
Sept 18 (Reuters) – The quartet of citizen astronauts comprising the SpaceX Inspiration4 mission began their descent from space en route to a splashdown in the Atlantic on Saturday to complete a three-day flight of the first all-civilian crew ever launched into Earth orbit. In preparation fortheir return to Earth,......

‘Quad’ countries to agree on secure microchip supply chains-media

Reuters
U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo/File Photo TOKYO, Sept 18 (Reuters) –......

New Zealand abandon Pakistan tour after security alert

Reuters
New Zealand Black Caps cricket team practices in Pakistan in this undated handout image taken from video. New Zealand Cricket Handout via Reuters NZ Prime Minister says team could have been attacked PCB says no security threat exists for NZ team Pakistan Cricket Board to approach ICC ISLAMABAD, Sept 17......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

GM extends EV Bolt production halt to mid-October

Reuters
A close-up view of the Chevrolet Bolt electric vehicle logo is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam WASHINGTON, Sept 16 (Reuters) – General Motors Co (GM.N) said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October following a......

First all-civilian crew launched into orbit aboard SpaceX rocket ship

Reuters
CAPE CANAVERAL, Fla., Sept 15 (Reuters) – A SpaceX rocket ship blasted off from Florida on Wednesday carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to join him in the first all-civilian crew ever launched into Earth orbit. The quartet of amateur astronauts, led by the......

All-civilian SpaceX crew feels only ‘good kind’ of jitters before launch

Reuters
CAPE CANAVERAL, Fla., Sept 14 (Reuters) – The four would-be citizen astronauts poised to ride a SpaceX rocket ship around the globe as the first all-civilian crew launched into orbit said on Tuesday they were eager for liftoff on the eve of their flight, feeling only “the good kind” of......

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