BEIJING (Reuters) – China’s Ant Group has raised its registered capital to 35 billion yuan ($5.44 billion) from 23.8 billion yuan, public business registration records showed, as the fintech giant continues its government-mandated restructuring. Ant, an affiliate of e-commerce leader Alibaba Group Holding Ltd, in a Monday statement said the increase was to support growth and was “according to relevant regulations and business needs.”Authorities in April ordered sweeping restructuring at Ant after halting the financial technology (fintech) firm’s record $37 billion initial public offering in November, underscoring government determination to rein in its internet giants. The overhaul subjects Ant to tougher regulatory oversight and capital requirements. Ant said the 47% jump in registered capital comes from “capitalisation of the company’s capital reserve.” It said it had not engaged in any fundraising activity and that no additional investors were involved. ($1 = 6.4374 Chinese yuan renminbi)(Reporting by Cheng Leng and Brenda Goh; Editing by Christopher Cushing)
Source:MetroXpress
October 11, 2021 03:11 UTC
Martinez made up for the miss when he converted a low cross from De Paul 17 minutes into the second half. Uruguay, who ended the day fourth in the 10-team table, were unbeaten in eight matches coming into Sunday’s match. Edinson Cavani came on in the second half for Uruguay but it was Argentina who had the better chances in an entertaining game that featured only 15 fouls and no cautions. Messi came close to getting his second and substitute Angel Di Maria could have made it four on two occasions only to twice see Muslera parry his goalbound shots. Elsewhere, Chile won for the first time in eight qualifying matches to keep their slender hopes of qualifying for Qatar alive.
Source:MetroXpress
October 11, 2021 02:03 UTC
SYDNEY/BOSTON (Reuters) -As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives and experts say. Several companies, such as HSBC, Zurich Insurance, Bain & Company and S&P Global, have already announced plans to quickly cut business travel emissions by as much as 70%. Flights account for about 90% of business travel emissions. The airline industry last week committed to reach “net zero” emissions by 2050 https://www.reuters.com/business/aerospace-defense/airlines-accelerate-climate-pledge-industry-talks-2021-10-04 at a meeting in Boston, decades beyond the corporate travel emissions cut targets. “If we are getting to net zero carbon emissions by 2050 everybody has got to play their part here,” said Air New Zealand Chief Executive Greg Foran.
Source:MetroXpress
October 10, 2021 22:52 UTC
(Reuters) – Team by team analysis of Sunday’s Turkish Formula One Grand Prix at the Istanbul Park circuit (listed in current championship order):MERCEDES (Valtteri Bottas 1, Lewis Hamilton 5)Bottas won from pole position and set the fastest lap. Hamilton started 11th on the grid, due to an engine penalty, and was third when he made a late pitstop, losing two places. From being two points clear of Verstappen in the championship he is now six behind. Ricciardo started at the back of the grid due to an engine change penalty and struggled with the tyres. Tsunoda wore down his tyres battling Hamilton early on and then spun, dropping out of the points.
Source:MetroXpress
October 10, 2021 21:56 UTC
MILAN (Reuters) -World champions France won the Nations League final with goals from Karim Benzema and Kylian Mbappe earning them a 2-1 win over Spain at the San Siro stadium on Sunday. With Paul Pogba excellent in midfield, Mbappe’s speed and movement stretching Spain and Benzema a constant threat, the French were good value for their victory. Spain protested that Mbappe was offside when he received the ball but the VAR check found a slight touch from defender Eric Garcia had played the France striker onside. France had keeper Hugo Lloris to thank for two late saves as Deschamps’s side held on for the victory against intense Spanish pressure. Earlier on Sunday, Italy had claimed third-place in the Final Four tournament by beating Belgium 2-1 in Turin.
Source:MetroXpress
October 10, 2021 21:45 UTC
PARIS (Reuters) – Auchan does not plan to make a hostile move for Carrefour after the latter broke off talks over a tie-up between the two French retail groups, business daily Les Echos said on Sunday. Le Figaro, another French daily, had reported on Saturday that Carrefour decided to end discussions with Auchan after judging a potential deal as too complex. Auchan’s reported proposal is higher than a 20 euro per share bid for Carrefour made by Alimentation Couche-Tard in January. The Canadian retailer dropped its offer worth about 16 billion euros in the face of opposition from the French government. Auchan declined to comment, while Carrefour could not be immediately reached.
Source:MetroXpress
October 10, 2021 21:00 UTC
MOSCOW (Reuters) – Russia will allow U.S. Under Secretary of State Victoria Nuland to visit for talks despite having previously blacklisted her, after Washington agreed to lift a similar restriction placed on a Russian citizen, Moscow said on Sunday. “They (the U.S.) included Russian representatives and foreign policy experts on their sanctions lists. Zakhrova later clarified to the Govorit Moskva radio station that one Russian citizen had been removed from the U.S. sanctions list. The United States has imposed an array of sanctions on Russia.
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October 10, 2021 14:48 UTC
NATICK — When someone is in distress in the water, every second matters when it comes to trying to save their lives. But thanks to a donation by an anonymous local business, the town has two so-called Manny’s Boxes that are filled with life-saving tools to be placed near swimming areas, police spokeswoman Lt. Cara Rossi said. The group does not sell Manny’s Boxes; instead, it asks for donations. Patrick Irr used $800 of it to obtain two of the boxes, Rossi said. “It’s a good way to make sure that Officer Manny’s death was not in vain.”Norman Miller can be reached at 508-626-3823 or nmiller@wickedlocal.com.
Source:MetroXpress
October 10, 2021 09:00 UTC
Daily News Staff and News ServicesAll Executive Department state employees must provide proof of COVID-19 vaccination by next Sunday under an executive order Gov. The policy applies to about 45,000 employees, and according to the FAQ, the requirement extends across full- and part-time workers, contract employees, interns, seasonal, intermittent and temporary workers and those who telework full time. Geoff Diehl will be an outstanding Governor for the state of Massachusetts," Trump wrote in a statement released by Diehl's campaign. Charlie Baker, a Trump opponent who has not said whether he will be a candidate in next year's gubernatorial contest. Contributors to the Political Notebook this week include Deputy Director of Multimedia Dan O'Brien and the State House News Service.
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October 10, 2021 08:37 UTC
After breaking a bone in his left thumb performing a three-cone drill during the preseason, the Natick High senior quarterback was forced to sit out the first four weeks of the regular season. “After that, I think I settled in.”During his sophomore year at Natick, LeBlanc stepped in at quarterback when former Daily News All-Star Will Lederman was sidelined with an injury. “Terrific kid, tough as nails, plays multiple positions, doesn’t complain, leads by example, great in the classroom and is everything you want.”“Jake never gets tired,” Natick senior captain Jacob Scoeyink said. The Natick High senior quarterback, who grew up watching Troy Flutie play QB at Natick High, is just happy to be back out on the football field. “Loved having him back out here against Wellesley,” Natick senior captain Aaron Becker said.
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October 09, 2021 23:03 UTC
“Carlos showed great team spirit,” said Ferrari racing director Laurent Mekies. Hamilton’s team mate Valtteri Bottas starts on pole, with Hamilton’s title rival Max Verstappen alongside on the front row for Red Bull. [L1N2R508I]“I did the best I could to help him (Leclerc),” Sainz told reporters. Ricciardo won last month’s Italian Grand Prix with team mate Lando Norris second. “We are going to try to recover, we’re going to try to be aggressive tomorrow, we have to,” he said.
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October 09, 2021 18:56 UTC
VIENNA (Reuters) -Austria’s conservative Chancellor Sebastian Kurz resigned on Saturday to pull his coalition government back from the brink of collapse after the junior party demanded his head because he has been placed under investigation on suspicion of corruption. At the same time, his resignation is more a matter of form than substance in terms of policy. He added that he was proposing Foreign Minister Alexander Schallenberg, a career diplomat backed by Kurz’s party, take over as chancellor, whom the Greens soon made clear they accepted. Starting in 2016 when Kurz was seeking to take over as party leader, prosecutors suspect the conservative-led Finance Ministry paid for manipulated polling and coverage favourable to Kurz to be published in a newspaper. “Is it enough?” the leader of the liberal Neos party, Beate Meinl-Reisinger, said at a news conference reacting to Kurz’s announcement.
Source:MetroXpress
October 09, 2021 18:13 UTC
BELLINGHAM — Coming into Friday night's game, the Bellingham High football team had one message it wanted to send to the rest of the Tri-Valley League. "We came into this game knowing that we were going to win," Bellingham wide receiver Calvin Polchlopek said. With the win, Bellingham improves to 3-2 overall and 1-0 in the TVL Small. "From the beginning of the week on Monday, I knew that we were going to win," Bellingham senior QB Gavin Elder said. After a statement win Friday night against previously unbeaten Dover-Sherborn, Bellingham isn't giving up its TVL Small crown without a fight.
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October 09, 2021 17:02 UTC
“Starting production is nice, but volume production is the hard part,” Musk told a cheering audience at a festival at the plant site, many of whom livestreamed the speech on social media. Musk said Tesla was worried that recruiting sufficient staff would be an issue, calling for people to apply from “all over Europe”. He said he hoped the battery plant would reach volume production by the end of next year. Fans cheered and laughed when Musk took the stage at sunset, welcoming him like a popstar. “The Tesla factory in Germany will be opened to the public for the first time.
Source:MetroXpress
October 09, 2021 11:39 UTC
ISTANBUL (Reuters) – Pierre Gasly was fastest for AlphaTauri in a wet final practice for the Turkish Grand Prix, with Formula One championship leader Lewis Hamilton, who has a 10-place grid penalty for Sunday’s race, doing only five laps. Hamilton’s main title rival Max Verstappen, two points adrift of the Mercedes driver with seven races remaining, was second fastest for Red Bull with Mexican team mate Sergio Perez third. Gasly’s time of one minute 30.447 seconds compared to Hamilton’s best of 1:23.804 in dry conditions in Friday practice. Hamilton was 18th after a session at the Istanbul Park Circuit that was briefly red-flagged halfway through when the Briton’s future team mate George Russell beached his Williams in the gravel at turn two. The weather forecast for the session is mixed, with possible patches of rain.
Source:MetroXpress
October 09, 2021 10:30 UTC