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September 17, 2021

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Wall St set for weak open as technology shares extend losses

Reuters
A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly/File Photo FAANG stocks dip in premarket trading Triple options expiry likely to increase volatility Futures down: Dow 0.16%, S&P 0.21%, Nasdaq 0.17%......

Britain mulls easing COVID-19 travel rules for England

Reuters
Announcement on easing of rules expected later on Friday Expensive testing could be scrapped for fully vaccinated Destinations may be ranked high or low risk Industry warns over not easing rules Travel shares rise 4-5% LONDON, Sept 17 (Reuters) – The British government will on Friday consider easing England’s COVID-19......

Google, Apple remove Navalny app from stores as Russian elections begin

Reuters
The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov MOSCOW, Sept 17 (Reuters) – Alphabet’s Google (GOOGL.O) and Apple (AAPL.O) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on......

With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line

Reuters
HONG KONG, Sept 17 (Reuters) – As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city’s powerful property tycoons: pour resources and influence into backing Beijing’s interests, and help solve a potentially destabilising housing shortage. Chinese officials delivered the message in closed......

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......

China applies to join Pacific trade pact to boost economic clout

Reuters
BEIJING, Sept 16 (Reuters) – China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said, as the world’s second-biggest economy looks to bolster its clout in trade. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement......

Canada’s Trudeau hammers main election rival’s COVID-19 approach

Reuters
MONTREAL, Sept 16 (Reuters) – Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, accused his main rival on Thursday of showing weak leadership in the fight against COVID-19. Opinion polls show Trudeau’s center-left Liberals effectively tied with the right-of-center Conservatives led by Erin......

U.S. to award Newark flights to low-cost carrier to spur competition

Reuters
People traveling ahead of the July 4th holiday are seen at the Newark Liberty International Airport, in Newark, New Jersey, U.S., July 2, 2021. REUTERS/Eduardo Munoz WASHINGTON, Sept 16 (Reuters) – The Biden administration announced on Thursday that it plans to award 16 slots for flights at Newark International Airport......

World shares slide on China investment worries

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo U.S. retail sales rose in August Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% Dollar hits nearly three-week high Gold falls by more than 2% NEW YORK,......

Exclusive: Facebook targets harmful real networks, using playbook against fakes

Reuters
Sept 16 (Reuters) – Facebook (FB.O) is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the company told Reuters. The new approach, reported here......

Italy makes COVID health pass mandatory for all workers

Reuters
Private and public sector workers must have health pass Draghi looks to boost vaccinations, blunt virus Italy becomes a test case for rest of Europe Minister says move puts country “in the forefront” globally ROME, Sept 16 (Reuters) – The Italian government approved on Thursday some of the strictest anti-COVID......

Wall Street slips as tech, energy stocks drop

Reuters
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo Retail sales unexpectedly rise in August Weekly jobless claims slightly above expectations Tesla falls as Ark dumps shares Indexes down: Dow 0.56%,......

Online purchases boost U.S. retail sales; labor market recovering

Reuters
People wearing protective masks shop at Macy’s Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., December 26, 2020. REUTERS/Jeenah Moon/File Photo Retail sales increase 0.7% in August Core retail sales surge 2.5%; July revised down Weekly jobless......

Britain’s John Lewis, Co-op lament supply chain disruptions

Reuters
Shoppers pass a branch of John Lewis in London, Britain, September 15, 2016. REUTERS/Toby Melville/Files John Lewis warns of ‘significant uncertainty’ Co-op says crisis will impact full year profit LONDON, Sept 16 (Reuters) – British retailers John Lewis Partnership and the Co-operative Group both warned that creaking supply chains would......

China denies German warship entry into harbour, Berlin says

Reuters
BERLIN, Sept 16 (Reuters) – China has denied a German warship on a mission to the contested South China Sea entry into a harbour, a German foreign ministry spokesperson said on Wednesday. The ship involved is the frigate Bayern, the spokesperson told a news briefing, but did not identify the......

France says Biden acted like Trump to sink Australia defence deal

Reuters
PARIS, Sept 16 (Reuters) – France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a lucrative defence deal that it had signed with Australia for submarines. The United States, Britain and Australia......

Australia’s new US-UK security pact risks China trade

Reuters
A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility as an empty train leaves in Dampier at the Pilbarra region in western Australia April 20, 2011. REUTERS/Daniel Munoz//File Photo SYDNEY, Sept 16 (Reuters) – Australia’s new security pact with the United States and......

China Evergrande onshore bond trading suspended after downgrade

Reuters
The China Evergrande Centre is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu Hengda bonds suspend trading for 1 day after CCXI downgrades Suspension points to higher chance of default – analysts Recovery ratio expected to be low – fund managers HONG KONG/SHANGHAI, Sept 16 (Reuters) – China......

China launches emergency response after quake kills at least three

Reuters
Sept 16 (Reuters) – China launched an emergency response on Thursday after a 6.0-magnitude earthquake jolted the southwestern province of Sichuan killing at least three people, state media reported. Sichuan’s earthquake relief headquarters activated a level-II response, the Xinhua news agency reported, the second-highest in China’s four-tier emergency response system.......

Australia COVID-19 cases rise but vaccination surge gives hope

Reuters
Healthcare workers administer coronavirus disease (COVID-19) tests at a drive-through testing centre on the first day of a seven-day lockdown, as the state of Victoria looks to curb the spread of an outbreak in Melbourne, Australia, May 28, 2021. REUTERS/Sandra Sanders SYDNEY, Sept 16 (Reuters) – Australia’s Victoria state reported......

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