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October 22, 2021

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EXCLUSIVE SoftBank in talks to sell French robotics business to Germany’s United Robotics

Reuters
TOKYO, Oct 22 (Reuters) – SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany’s United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver. The talks are ongoing......

Facebook signs copyright agreement with some French publishers

Reuters
Paves the way for signing of individual licences Copyright fees included in preliminary deal – source Publishers not compelled to use Facebook News service PARIS, Oct 21 (Reuters) – Facebook (FB.O) said on Thursday it had signed a preliminary copyright agreement with a French news publishers’ lobby group, paving the......

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......

China power crunch slams factories as coal lobby warns woes could stay until winter

Reuters
SHENYANG, China, Sept 30 (Reuters) – Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing shrank in the world’s no. 2 economy. Beijing is scrambling to deliver more coal......

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......

China asking state-backed firms to pick up Evergrande assets – sources

Reuters
An aerial view shows the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC, developed by China Evergrande Group, in Guangzhou, Guangdong province, China. Picture taken September 26, 2021 with a drone. REUTERS/Thomas Suen HONG KONG, Sept 28 (Reuters) – Beijing is prodding government-owned firms and......

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,......

Cryptocurrency exchanges scramble to drop Chinese users after Beijing’s ban

Reuters
SHANGHAI, Sept 27 (Reuters) – Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients. Shares in a range of Chinese crypto-related firms plunged on......

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)......

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......

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......

West African bloc resorts to sanctions over Guinea and Mali coups

Reuters
ACCRA, Sept 16 (Reuters) – West Africa’s main regional bloc on Thursday imposed sanctions against the junta in Guinea and those slowing Mali’s post-coup transition – its toughest response yet to a run of military takeovers. The move was agreed at an emergency summit of the Economic Community of West......

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