Monday, 6 September 2021

Reuters Business: El Salvador buys its first 200 bitcoins, president says

El Salvador buys its first 200 bitcoins, president says

President Nayib Bukele on Monday said that El Salvador has bought its first 200 bitcoins, as the country approaches the planned formalization of the cryptocurrency as legal tender.

TV aggregator Roku to launch its players in Germany

Television aggregator Roku Inc said on Monday it would launch its streaming players in Germany later this year, its second big European rollout, seeking to capitalize on a pandemic-driven shift towards watching more video on demand.

Porsche AG sees 'huge' demand for all-electric Taycan - CEO

Luxury sports car maker Porsche AG (PSCH.UL) is attracting huge demand for its Taycan model, causing wait times for the all-electric coupe to stretch to six months, CEO Oliver Blume said on Monday.

Rights group files complaint against German retailers over Chinese textiles

A human rights group filed a complaint to German prosecutors on Monday alleging that several fashion retailers profited from forced labour in China's Xinjiang region.

Over 80% of oil output in Gulf of Mexico still offline a week after Ida

More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.

Global crypto exchange CrossTower enters India despite policy uncertainty

U.S.-headquartered digital currency exchange CrossTower has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.

BMW confident sales in China will increase next year - finance chief

BMW is confident that sales in China will increase next year, finance chief Nicolas Peter told Reuters on Monday, attributing high demand for premium cars to travel restrictions that have left consumers with more money to spend.

Oil falls after Saudi price cuts

Oil prices fell on Monday after Saudi Arabia's sharp cuts to crude contract prices for Asia revived concerns over the demand outlook.

China to push on with opening capital markets to foreign investors

China will further open its capital markets to foreign investors, the country's top securities regulator said on Monday, adding that it will pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies.

Veolia, Suez to seek EU antitrust okay for tie-up this month - source

French waste and water management companies Veolia and Suez will seek EU antitrust approval this month for their tie-up to create a national champion better able to compete with Chinese rivals, a person familiar with the matter said on Monday.

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