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September 25, 2021

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Germans vote in close election to decide Merkel successor

Reuters
Chancellor Angela Merkel is not seeking a fifth term Final opinion polls gave Social Democrats a narrow lead Conservatives reduced gap in final stages of campaign BERLIN, Sept 26 (Reuters) – Germans vote in a national election on Sunday that looks too close to call, with the centre-left Social Democrats......

Lavrov says Mali asked private Russian military company for help

Reuters
UNITED NATIONS, Sept 25 (Reuters) – Mali has asked a private Russian military company to help it fight against insurgents, Russian foreign minister Sergei Lavrov said on Saturday at the United Nations. Mali’s year-old military junta is close to a deal to recruit the Russian private military contractors the Wagner......

UK looking at deal to remove China from nuclear project- report

Reuters
Car lights stream past a home near Dungeness nuclear power station in Kent, southern England, December 4, 2012./File Photo LONDON, Sept 25 (Reuters) – Britain is closing in on a deal which would remove China’s state-owned nuclear energy company China General Nuclear Power Group (CGN) from involvement in building a......

Chad plans to double army size to deal with security challenges

Reuters
N’DJAMENA, Sept 24 (Reuters) – Chad’s transitional government said on Friday that it plans to drastically increase the size of its army to deal with security challenges, including threats from Islamist militants and armed rebels. Defence Minister General Daoud Yaya Brahim told parliament that the army has begun the process......

Britain has 10 days to save Christmas, retail sector says

Reuters
Retail industry warns of significant disruption Queues form at some petrol stations – Reuters reporters Britain to boost HGV driver testing British ministers to meet on easing rules Hauliers: there is no quick fix LONDON, Sept 24 (Reuters) – Britain’s retail industry warned the government on Friday that unless it......

Luxury group Kering to ditch fur completely

Reuters
PARIS, Sept 24 (Reuters) – France’s Kering (PRTP.PA) will stop using animal furs in all its collections, joining a growing list of luxury fashion houses to respond to customer demands for ethical and sustainable clothing and accessories. The decision comes four years after its star label Gucci announced it would......

Daimler expands European battery network with 33% stake in ACC venture

Reuters
Mercedes logo in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert/File Photo Daimler to take 33% stake in battery venture ACC will begin supplying Daimler from mid-decade Daimler to invest up to 1 billion euros CEO Kallenius: “Our focus is on Europe” BERLIN, Sept 24 (Reuters) – Daimler’s (DAIGn.DE) Mercedes-Benz said......

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......

Australia sues Neoen for lack of power from its Tesla battery reserve

Reuters
Tesla Powerpacks at Neoen wind farm in Hornsdale, South Australia September 29, 2017. REUTERS/Sonali Paul MELBOURNE, Sept 23 (Reuters) – Australian Energy Regulator (AER) has filed a lawsuit against Neoen SA (NEOEN.PA), saying the French firm’s Tesla “Big Battery” in South Australia did not provide backup power during four months......

French envoy to return to U.S. after fence-mending Biden-Macron call

Reuters
PARIS/WASHINGTON, Sept 22 (Reuters) – The U.S. and French presidents moved to mend ties on Wednesday, with France agreeing to send its ambassador back to Washington and the White House acknowledging it erred in brokering a deal for Australia to buy U.S. instead of French submarines without consulting Paris. In......

Britain tells its food industry to prepare for CO2 price shock

Reuters
CO2 prices will rise sharply, minister says UK pays fertiliser maker CF to reopen plants Poultry plants would have closed, Britain says Iceland says 3-week deal will not save Christmas Poultry industry says turkey production will still fall LONDON, Sept 22 (Reuters) – Britain warned its food producers on Wednesday......

UK strikes deal for CO2 producer CF to restart operations

Reuters
A general view of the CF industries plant in Billingham, Britain September 20, 2021. REUTERS/Lee Smith LONDON, Sept 21 (Reuters) – Britain has struck a deal with CF Industries for the American company to restart the production of carbon dioxide (CO2) after soaring gas prices forced it to halt operations,......

At U.N., Biden promises ‘relentless diplomacy,’ defense of democracy

Reuters
UNITED NATIONS, Sept 21 (Reuters) – U.S. President Joe Biden mapped out a new era of vigorous competition without a new Cold War despite China’s ascendance during his first United Nations address on Tuesday, promising military restraint and a robust fight against climate change. The United States will help resolve......

Australian documents showed French submarine project was at risk for years

Reuters
SYDNEY, Sept 21 (Reuters) – France should not have been surprised that Australia cancelled a submarine contract, as major concerns about delays, cost overruns and suitability had been aired officially and publicly for years, Australian politicians said. Paris has recalled its ambassadors from Canberra and Washington, saying it was blindsided......

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......

U.S. to relax travel restrictions for vaccinated foreign air travelers in November

Reuters
WASHINGTON, Sept 20 (Reuters) – The United States will reopen in November to air travelers from 33 countries including China, India, Brazil and most of Europe who are fully vaccinated against COVID-19, the White House said on Monday, easing tough pandemic-related restrictions that started early last year. The decision, announced......

Norway to raise gas exports to Europe as prices soar

Reuters
Equinor’s logo is seen at the company’s headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo To hike by total 2 bcm from Oct. 1 for next 12 months Europe seeing record power prices OSLO, Sept 20 (Reuters) – Norway will allow state-controlled Equinor (EQNR.OL) and its partners 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......

France’s OVHcloud prepares for $4.7 billion IPO- WSJ

Reuters
Sept 19 (Reuters) – French cloud computing services provider OVHcloud plans to launch a possible initial public offering as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The cloud-service provider won’t make any......

French minister in Mali to pressure junta over Russian mercenaries

Reuters
BAMAKO, Sept 19 (Reuters) – France’s Armed Forces Minister arrived in Mali on Sunday to pressure the military junta to end talks to bring Russian mercenaries into the country and push it to keep a promise to return the country to constitutional order in February. Diplomatic and security sources have......

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