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October 25, 2021

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Facebook invests billions in metaverse efforts as ad business slows

Reuters
3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration Oct 25 (Reuters) – Facebook Inc (FB.O) said on Monday it will start breaking out the financials for its virtual and augmented reality unit, an announcement that comes as its main advertising......

Turkey and West climb down from brink of biggest diplomatic crisis

Reuters
Erdogan summoned Cabinet to discuss expelling 10 envoys They had sought release of philanthropist Osman Kavala Expulsions would have opened wide rift with the West Erdogan says U.S. and other envoys ‘stepped back’ ISTANBUL, Oct 25 (Reuters) – Turkey and its Western allies climbed down from a full-blown diplomatic crisis......

Hosting Emirati general, Israel sees airpower cooperation

Reuters
Emirati and Israeli flags fly upon the arrival of Israeli and U.S. delegates at Abu Dhabi International Airport, in Abu Dhabi, United Arab Emirates August 31, 2020. REUTERS/Christopher Pike/File Photo JERUSALEM, Oct 25 (Reuters) – The chief of the United Arab Emirates Air Force visited Israel on Monday on what......

Algeria to end gas supplies to Morocco; supply Spain directly -sources

Reuters
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. REUTERS/Ramzi Boudina/File Photo Agreement expires on Oct. 31 Algeria is Spain’s largest gas supplier LONDON/ALGIERS, Oct 25 (Reuters) – Algeria, which has cut off diplomatic ties with Morocco, will stop supplying......

U.S. to outline Nov. 8 international travel reopening, vaccination rules

Reuters
A U.S. flag is reflected on the floor as passengers make their way through Reagan National Airport in Washington, U.S., July 1, 2016. REUTERS/Kevin Lamarque/File Photo WASHINGTON, Oct 25 (Reuters) – The Biden administration plans to unveil on Monday its detailed rules requiring nearly all foreign air visitors to be......

China to investigate energy index providers in bid to tame coal prices

Reuters
China thermal coal prices close down 7% on Monday NDRC says it will probe coal and energy index providers Says coal stocks at power plants up 17 mln T from end-Sept Urges coal firms to strictly meet contractual obligations BEIJING, Oct 25 (Reuters) – China said on Monday it will......

Tesla drives toward $1 trillion club on record Hertz order

Reuters
The desk of car rental company Hertz is seen at Nice International airport during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. REUTERS/Eric Gaillard Oct 25 (Reuters) – Tesla Inc (TSLA.O) on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received......

Aurubis optimistic despite impact of pandemic, chip crisis, energy prices

Reuters
A mine employee shows a piece of copper ore at the Kilembe mines, in the foothills of the Rwenzori Mountains, 497km (309 miles) west of Uganda’s capital Kampala, January 31, 2013. REUTERS/James Akena HAMBURG, Oct 25 (Reuters) – Aurubis AG (NAFG.DE), Europe’s largest copper producer, remains confident it will achieve......

UN warns world ‘way off track’ as greenhouse gases soar

Reuters
Carbon dioxide levels hit new record in 2020 Rate of increase exceeds 2011-2020 average WMO report flags concerns about carbon sinks GENEVA, Oct 25 (Reuters) – Greenhouse gas concentrations hit a new record in 2020, the U.N. weather agency said on Monday, warning that the world was “way off track”......

Container ship fire off British Columbia smoldering, no longer spreading

Reuters
Victoria, BRITISH COLUMBIA, Oct 24 (Reuters) – A container fire that broke out on Saturday on a cargo ship carrying mining chemicals off British Columbia is smoldering and appears to be under control, Canadian Coast Guard officials said on Sunday. Sixteen crew members were evacuated from the MV Zim Kingston......

Australian regulator ‘concerned’ about Facebook’s approach to media law

Reuters
A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration SYDNEY, Oct 25 (Reuters) – The Australian regulator behind a law forcing large internet platforms to negotiate licencing deals with media outlets said on Monday he was “concerned” about Facebook Inc’s (FB.O) cooperation,......

Turkish lira hits record low after Erdogan seeks expulsions

Reuters
A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERS/Cagla Gurdogan ISTANBUL, Oct 24 (Reuters) – The Turkish lira weakened 1.6% to a record low against the dollar in early Asian trade after President Tayyip Erdogan said he had ordered the......

Croatia’s right-wing eurosceptics seek referendum on euro adoption

Reuters
Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. Picture taken May 21, 2019. REUTERS/Antonio Bronic/File Photo ZAGREB, Oct 24 (Reuters) – Croatia’s conservative and eurosceptic party Hrvatski Suverenisti (Croatian Sovereignists) began a two-week drive on Sunday to collect signatures in a bid......

Ethiopia conducts air strike in western part of Tigray region, spokesperson says

Reuters
ADDIS ABABA, Oct 24 (Reuters) – Ethiopia conducted an air strike on Sunday in the western part of the Tigray region that hit a training site of the rebellious Tigrayan forces and an arms depot, government spokesperson Legesse Tulu told Reuters. It was not immediately possible to verify the claim......

Rocky Mountain high: U.S. looks to Colorado for methane emissions policy

Reuters
WASHINGTON, Oct 24 (Reuters) – U.S. environmental regulators are expected to base new rules for controlling methane emissions from oil and gas operations on the nation-leading policies of a state that has been tamping down on the potent greenhouse gas for seven years – Colorado. The U.S. Environmental Protection Agency......

‘Vibrant’ cinematographer remembered as police probe Baldwin shooting

Reuters
ALBUQUERQUE, N.M., Oct 23 (Reuters) – The crew was setting up a difficult shot during filming on the New Mexico set of “Rust”, and the movie’s cinematographer, Halyna Hutchins, wasn’t quite satisfied. She turned to Lane Luper, a member of the camera crew, who suggested some adjustments that she found......

UK plans 8 billion pounds of extra health and education spending

Reuters
Britain’s Chancellor of the Exchequer Rishi Sunak meets U.S. Treasury Secretary Janet Yellen (not pictured), in London, Britain June 3, 2021. REUTERS/Hannah McKay/File Photo Health ministry to receive 5 bln stg over 3 years for R&D Further education to get 3 billion pound boost Billions more for foreign investors, regional......

EXCLUSIVE Italy and UniCredit close to ending talks over MPS sale-sources

Reuters
Banca Monte dei Paschi’s headquarters in Siena, Italy, October 27, 2017. REUTERS/Stefano Rellandini/File Photo Agreed to exclusive talks on July 29 Fail to bridge gap over MPS’ recapitalisation needs Framework studied for UniCredit could apply in standalone plan LONDON, Oct 23 (Reuters) – Italy’s government and UniCredit (CRDI.MI) are preparing......

Britain reports highest weekly COVID-19 cases since July

Reuters
People walk past a COVID-19 Mobile Testing Unit van, amidst the spread of the coronavirus disease (COVID-19), in London, Britain, October 21, 2021. REUTERS/Toby Melville LONDON, Oct 23 (Reuters) – Britain recorded the highest number of new cases of COVID-19 since July over the past week, government figures showed on......

Slain Kenyan Olympian Agnes Tirop buried in her home village

Reuters
NANDI COUNTY, Kenya, Oct 23 (Reuters) – Slain long-distance Olympic runner Agnes Tirop, a rising star in Kenya’s highly competitive athletics scene, was buried on Saturday at a funeral attended by over 1,000 mourners. Tirop was found stabbed to death in her home in the Rift Valley town of Iten......

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