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September 22, 2021

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Canada fossil fuel workers want victorious Trudeau to keep retraining pledge

Reuters
Canada’s Prime Minister Justin Trudeau and Calgary Mayor Naheed Nenshi announce the beginning of construction on the Green Line at the Calgary Transit Oliver Bowen Maintenance Facility, in Calgary, Alberta, Canada July 7, 2021. REUTERS/Mike Sturk/File Photo CALGARY, Alberta, Sept 22 (Reuters) – Prime Minister Justin Trudeau’s narrow election victory......

Fins rule Tua out vs. Raiders with fractured ribs

ESPN
11:21 AM ET Marcel Louis-JacquesESPN MIAMI — Dolphins quarterback Tua Tagovailoa will miss Sunday’s game against the Las Vegas Raiders with fractured ribs, coach Brian Flores said Wednesday. Jacoby Brissett will start against the Raiders, with practice squad quarterback Reid Sinnett backing him up. “He’s in good spirits. He’s a......

DiCaprio invests in cultivated meat start-ups Mosa Meat, Aleph Farms

Reuters
Sept 22 (Reuters) – U.S. actor Leonardo DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa Meat, the two cultivated meat start-ups said in a statement on Wednesday. Cast members Leonardo di Caprio takes part in a photo call for the movie “Once Upon a......

U.S. existing home sales fall in August; price appreciation slowing

Reuters
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. REUTERS/Mike Blake/File Photo Existing home sales fall 2.0% in August Housing inventory declines 13.4% from a year ago Median house price increases 14.9% from a year ago......

Sony Group unit to buy India’s Zee Entertainment

Reuters
BENGALURU, Sept 22 (Reuters) – Sony Group Corp’s (6758.T) Indian unit will buy media giant Zee Entertainment Enterprises Ltd (ZEEL) (ZEE.NS), days after Zee’s shareholders asked for a management reshuffle, including the exit of Chief Executive Punit Goenka from the board. Zee, which has a presence in television broadcasting and......

SoftBank backs Steven Mnuchin’s $2.5 bln private equity fund

Reuters
U.S. Treasury Secretary Steven Mnuchin speaks during a House Financial Services Committee hearing in Washington, December 2, 2020. Greg Nash/Pool via REUTERS/File Photo Sept 22 (Reuters) – SoftBank Group (9984.T) will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese......

BOJ rolls out climate scheme, to disburse first loans late December

Reuters
A man wearing a protective mask stands in front of the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo BOJ will begin accepting applications from Wednesday BOJ says to offer climate loans twice a year Financial institutions required to......

Dollar near one-month high as Evergrande risks, Fed loom

Reuters
TOKYO, Sept 22 (Reuters) – The dollar held below a near one-month high on Wednesday as investors focused on two key risks — a default by Chinese property developer Evergrande and the expected pace of U.S. monetary policy tightening. The dollar index stood at 93.226 in early Asian trade, staying......

Google to buy more office space in NYC as big tech swoops down on real estate

Reuters
Sept 21 (Reuters) – Google plans to buy an office building in Manhattan for $2.1 billion, as the Alphabet Inc-owned (GOOGL.O) search engine giant joins fellow technology companies in investing in prime real estate, even as hybrid work models become common. The deal for St. John’s Terminal site in New......

Labor, building material shortages depress U.S. single-family housing starts

Reuters
A carpenter works on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones Housing starts increase 3.9% in August; July revised up Single-family starts fall 2.8%; multi-family jump 21.6% Building permits jump 6.0%; single-family......

Investors tune in as Universal leaps on market debut

Reuters
Shares surge almost 40% in early trade Biggest European listing of the year Listing is a coup for Amsterdam exchange AMSTERDAM, Sept 21 (Reuters) – Universal Music Group’s (UMG.AS) shares leapt more than a third in their stock market debut on Tuesday as investors bet a boom in music streaming......

Oil prices advance amid U.S. supply tightness signals

Reuters
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo TOKYO, Sept 21 (Reuters) – Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global......

External review finds deeper rot in World Bank ‘Doing Business’ rankings

Reuters
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo WASHINGTON, Sept 20 (Reuters) – Weeks before the World Bank scrapped its flagship Doing Business rankings following a......

External review finds deeper rot in World Bank ‘Doing Business’ rankings

Reuters
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo WASHINGTON, Sept 20 (Reuters) – Weeks before the World Bank scrapped its flagship Doing Business rankings following a......

Spanish, Italian police arrest 106 in mafia sting operation

Reuters
MADRID, Sept 20 (Reuters) – Spanish and Italian police said on Monday they had arrested 106 people for belonging to a gang that allegedly laundered money for mafia groups and made millions of euros through online scams. Most of the suspected members were Italian nationals and the majority of the......

Source: Fins’ Tagovailoa avoids serious rib injury

ESPN
Miami Dolphins quarterback Tua Tagovailoa has avoided a serious rib injury, a source confirmed to ESPN. Follow-up X-rays were negative on Tagovailoa’s ribs, and the second-year quarterback’s availability for Week 3 and beyond will be determined based on his pain tolerance, the source said. Dolphins coach Brian Flores is expected......

Amazon investigating kickback allegation at India unit – source

Reuters
Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration/File Photo NEW DELHI, Sept 20 (Reuters) – Amazon.com Inc (AMZN.O) has launched an internal investigation in India after a whistleblower alleged an employee had taken kickbacks, a source with......

Rwandan court finds ‘Hotel Rwanda’ film hero guilty in terrorism case

Reuters
KIGALI, Sept 20 (Reuters) – A Rwandan court on Monday found Paul Rusesabagina, a one-time hotel manager portrayed as a hero in a Hollywood film about the 1994 genocide, guilty of being part of a group responsible for terrorist attacks. Judges were still going through a number of other accusations......

China Evergrande shares dive to 11-year low as default risks grow

Reuters
HONG KONG, Sept 20 (Reuters) – China Evergrande Group (3333.HK) shares plunged on Monday to over 11-year lows, extending losses as executives try to salvage its business prospects and as default fears grow over a looming deadline for payment obligations this week. Evergrande has been scrambling to raise funds to......

Marketmind: Watch those spiralling gas prices

Reuters
Fuel prices are displayed at a gas station in Copacabana beach in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/Files A look at the day ahead from Sujata Rao. A massive week in monetary policy, with some 16 central banks holding meetings and possibly the first rate hike from......

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