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March 9, 2021

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Ripple and MoneyGram to end partnership

Reuters
By Reuters Staff 1 Min Read March 8 (Reuters) – Blockchain payment firm Ripple said on Monday it will end its current partnership agreement with MoneyGram International Inc. (Reporting by Sohini Podder in Bengaluru; Editing by Shinjini Ganguli) Our Standards: The Thomson Reuters Trust Principles. Source – For more click......

Ice hockey-NWHL to play out virus-hit season in Boston

Reuters
March 8 (Reuters) – The National Women’s Hockey League, which last month suspended its season due to a COVID-19 outbreak across some teams, said on Monday it will complete the abbreviated campaign over two days later this month in Boston. Daily COVID-19 testing will be administered for all players and......

France’s OVHcloud kicks off process for a potential IPO: spokeswoman

Reuters
PARIS (Reuters) – French cloud computing services provider OVHcloud has started the process for a potential of listing of the company, a spokeswoman said on Monday. Founded by Octave Klaba in 1999, OVHcloud is the biggest France-based cloud services provider. Whatever the outcome of the potential initial public offering (IPO),......

British minister says on Meghan interview: no place for racism in our society

Reuters
FILE PHOTO: A person is seen reading the London Evening Standard with the news that Prince Harry has announced his engagement to Meghan Markle, London, Britain, November 27, 2017. REUTERS/Darrin Zammit Lupi/File Photo LONDON (Reuters) – Britain’s children’s minister said on Monday that there was no place for racism in......

RPT-COLUMN-Oil risks overheating after OPEC+ leaves output unchanged: Kemp

Reuters
(Repeats March 5 story with no change to text. John Kemp is a Reuters market analyst. The views expressed are his own.) * Chartbook: tmsnrt.rs/3kMuhS1 * OPEC in its own words: tmsnrt.rs/3kLLhYD LONDON, March 5 (Reuters) – By deciding to leave production unchanged for another month at its meeting on......

Mexico’s coronavirus death toll rises to 190,604: Health Ministry

Reuters
FILE PHOTO: A crematorium employee and staff members of a funeral parlour carry a coffin containing the body of a person who died of the coronavirus disease (COVID-19), at the Municipal Cemetery in Nezahualcoyotl, State of Mexico, Mexico February 10, 2021. REUTERS/Henry Romero MEXICO CITY (Reuters) – Mexico’s Health Ministry......

Italy’s Cerved confirms sale talks of its debt collection arm

Reuters
March 7 (Reuters) – Italian credit group Cerved Group SPA confirmed sale talks of its debt collection arm in a statement on Sunday. The confirmation comes a day after Reuters reported about the company’s advanced discussions with U.S. investment firm Centerbridge for a deal. “Cerved Group S.p.A. confirms that negotiations......

‘A side of shares’: Deliveroo to offer 50 million pounds of stock to customers

Reuters
LONDON, March 7 (Reuters) – Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation, with the offer branded “Great food with a side of shares”. The Amazon-backed food delivery firm announced plans on Thursday to list in London, with a potential......

BRIEF-U.S. CDC Says Delivered 116,355,405 Doses Of Covid-19 Vaccine As Of March 6 Versus 114,133,115 Doses As Of March 5

Reuters
March 6 (Reuters) – * U.S. CDC SAYS DELIVERED 116,355,405 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 114,133,115 DOSES AS OF MARCH 5 * U.S. CDC SAYS ADMINISTERED 87,912,323 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 85,008,094 DOSES ADMINISTERED AS OF MARCH 5 * U.S. CDC......

Former president Fox expects Mexico to pass landmark cannabis bill next week

Reuters
MEXICO CITY (Reuters) – Former Mexican President Vicente Fox said on Friday he expected Congress to pass its new law to legalize cannabis next week, a move that would effectively create one of the world’s largest weed markets. FILE PHOTO: Former Mexican President Vicente Fox looks on during a news......

Yellen says higher Treasury yields signal recovery, not inflation

Reuters
FILE PHOTO: Federal Reserve Chairman Janet Yellen speaks during a news conference after a two-day Federal Open Markets Committee (FOMC) policy meeting, in Washington, U.S., September 20, 2017. REUTERS/Joshua Roberts WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said higher long-term Treasury debt yields were a sign market......

‘I’m ready to talk,’ says Meghan ahead of Oprah interview

Reuters
LONDON (Reuters) – Meghan, Britain’s Duchess of Sussex, said she had given an in-depth interview to U.S. chat show host Oprah Winfrey to be aired on Sunday because she was now free speak for herself, adding that being a royal was “not what people imagine it to be”. FILE PHOTO:......

Bostic says Fed will support U.S. economy as long as necessary

Reuters
FILE PHOTO: Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry (Reuters) – The U.S. economy is still under “considerable distress” and the Federal Reserve......

White House: Biden believes U.S. authorizations for military force need updating

Reuters
FILE PHOTO: U.S. President Joe Biden holds a meeting on infrastructure with members of Congress in the Oval Office at the White House in Washington, U.S., March 4, 2021. REUTERS/Tom Brenner WASHINGTON (Reuters) – U.S. President Joe Biden believes that authorizations for the use of military force that have been......

GLOBAL MARKETS-Wall Street surges on jobs data, global equity markets regain ground

Reuters
(New throughout, updates prices, market activity and comments) NEW YORK, March 5 (Reuters) – Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously stoked inflation concerns. Trading......

Ford rejects U.S. ITC criticism over SK Innovation battery deals

Reuters
WASHINGTON (Reuters) – Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission over its decision to pursue battery contracts with SK Innovation. The ITC said Ford pursued new contracts after evidence had emerged the South Korean electric vehicle (EV) battery maker misappropriated trade secrets from cross-town......

UK’s Prince Philip transferred back to private hospital, Buckingham Palace says

Reuters
FILE PHOTO: Britain’s Prince Philip enters a car as he leaves the King Edward VII’s Hospital in London, Britain December 24, 2019. REUTERS/Hannah McKay/File Photo LONDON (Reuters) – Britain’s Prince Philip, the 99-year-old husband of Queen Elizabeth, has been transferred back to a private hospital after successfully undergoing a procedure......

China’s CIC eyes U.S. investment after fund with Goldman raised $2.5 billion

Reuters
BEIJING (Reuters) – China’s $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount. The China-U.S. Industrial Cooperation Fund, launched in November 2017 on the......

California crash victims suspected of being smuggled across U.S.-Mexico border

Reuters
LOS ANGELES (Reuters) – The 13 people killed in a Southern California highway crash were part of a group of nearly four dozen migrants suspected of slipping through a hole cut by human smugglers through a steel fence along the U.S.-Mexico border, federal officials said on Wednesday. Besides the dead......

Goldman-backed secondhand clothing retailer ThredUp files for IPO

Reuters
(Reuters) – Goldman Sachs-backed secondhand clothing retailer ThredUp Inc made its IPO filing public on Wednesday, disclosing a bigger full-year loss ahead of a market debut. The company, founded in 2009, has processed over 100 million unique secondhand items from 35,000 brands, according to its filing. (bit.ly/2NRElgE) Users download the......

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