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    Evergrande debt crisis ensnares retail investors, builders and homebuyers

    China · 12:19 PM UTC

    At an eerily quiet construction site in eastern China's Suzhou, worker Li Hongjun says property developer Evergrande's debt crisis means he will soon run out of food. Christina Xie, who works in export in the bustling southern city of Shenzhen, fears Evergrande has swallowed her life savings.

    Finance
    Investors look ahead to rate hikes with Fed tapering plan all but certain
    Macro Matters
    U.S. weekly jobless claims unexpectedly rise; labor market gradually healing
    United Kingdom
    BoE sees growing case for rate rise as inflation to stay higher for longer
    Technology
    EXCLUSIVE Big Tech targeted by U.S. and EU in draft memo ahead of tech and trade meeting
    Americas
    U.S. envoy resigns over expulsions to Haiti from Texas camp
    United Kingdom
    Don't panic buy, Britain tells consumers
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    Talking Points

    Europe

    Europe · 12:53 PM UTC

    Lava, smoke and ash cover La Palma as volcano threatens banana crop

    Jets of red hot lava shot into the sky on Spain's La Palma on Thursday as a huge cloud of toxic ash drifted from the Cumbre Vieja volcano toward the mainland and jeopardised the island's economically crucial banana crops.

    Europe
    German election race tightens three days before vote
    Europe
    Russian navy practises striking Black Sea targets as Ukraine, U.S. hold drills
    Europe
    Ukrainian lawmakers pass law on oligarchs after assassination attempt
    Europe
    Central Europe leaders say migration is not the solution to population decline

    Business

    Business
    Some Evergrande offshore bondholders don't expect payment by Thursday deadline - source
    Business
    Investors look ahead to rate hikes with Fed tapering plan all but certain
    Business
    U.S. weekly jobless claims unexpectedly rise; labor market gradually healing
    Business
    U.S. 'pink sheets' in shakeup as securities regulator looks to stamp out fraud

    United States

    United States
    White House analysis says wealthy Americans pay far less in taxes than others
    United States
    California governor signs legislation to protect warehouse workers
    United States
    Search for Gabby Petito's fiance in Florida wilderness enters sixth day
    United States
    Unruly U.S. airline passenger incidents fall but still too high, regulator says

    Asia Pacific

    Asia Pacific
    Islamic State uses Taliban's own tactics to attack Afghanistan's new rulers
    Asia Pacific
    UN commissioner urges international effort on Myanmar 'before it is too late'
    Asia Pacific
    WHO urges international donors to resume Afghanistan health funding
    Asia Pacific
    U.S. court orders Facebook to release anti-Rohingya content records for genocide case

    Health

    Health
    Yemen receives third batch of COVID-19 vaccines
    Health
    Valneva expands trials on COVID-19 vaccine candidate
    Health
    U.S. FDA clears Pfizer COVID-19 booster dose for older and at-risk Americans
    Health
    WHO urges international donors to resume Afghanistan health funding

    Sustainable Business

    Sustainable Business · 11:39 AM UTC

    Analysis: China's pledge to cut project finance is the 'new normal' for coal

    Australia and Indonesia, the world's biggest coal exporters, face an accelerated decline in global demand for their coal shipments after China said it would stop building coal-fired power plants overseas, analysts, environmental groups and industry officials said.

    Sustainable Business
    EXCLUSIVE Honeywell, Wood to launch solution to make sustainable aviation fuel cleaner
    Sustainable Business
    Exclusive: Centrica, Nestle, Swatch among companies exposed to physical climate risks - investors
    Sustainable Business
    VW culture to blame for silence over emissions scandal, ex-manager says in trial
    Sustainable Business
    EU court adviser finds car defeat devices broadly illegal

    China

    China
    EXCLUSIVE Bank of England's Woods cautiously optimistic Evergrande "won't go badly wrong"
    China
    Yum China CEO says to focus store expansion on smaller cities
    China
    U.S. business optimism in China rebounds to pre-trade war levels -survey
    China
    Norway rules out mandating vaccines ahead of Beijing Games

    Environment

    Environment
    Biden administration takes aim at climate warming gas
    Environment
    Exclusive: Centrica, Nestle, Swatch among companies exposed to physical climate risks - investors
    Environment
    In U.N. climate push, UK PM disputes Kermit: 'It is easy to be green'
    Environment
    New WHO air-quality guidelines aim to cut deaths linked to fossil fuels

    Technology

    Technology
    Embraer shares soar with electric aircraft orders, analyst upgrade
    Technology
    EXCLUSIVE Big Tech targeted by U.S. and EU in draft memo ahead of tech and trade meeting
    Technology
    EU plans one mobile charging port for all, in setback for Apple
    Technology
    Labor shortages hit electronics makers as chip drought persists, causing delays

    Middle East

    Middle East
    Yemen's Houthis near Marib city, eyeing Yemen gas and oil fields
    Middle East
    Israeli carrier El Al raises demands for state aid, appeals to prime minister
    Middle East
    Yemen receives third batch of COVID-19 vaccines
    Middle East
    Lebanon at risk of complete blackout by end-Sept, state power firm says

    Energy

    Energy
    Britain discussing rise in gas and electricity price cap - minister
    Energy
    Italy's Enel sets up digital grid service company
    Energy
    Analysis: China's pledge to cut project finance is the 'new normal' for coal
    Energy
    BP to restrict UK petrol station deliveries due to driver shortage-ITV

    Americas

    Americas
    Venezuela spoiler candidates pose threat to opposition in regional vote
    Americas
    U.S. special envoy for Haiti resigns amid deportations -report
    Americas
    Brazil raises interest rates, signals third big hike next month
    Americas
    All countries should be consulted about UK inclusion in USMCA pact - Mexican president

    Sports

    Sports
    MLB roundup: Rays wrap up playoff berth
    Sports
    Garcia's American wife calls on US Ryder Cup fans to cheer not jeer
    Sports
    Norway rules out mandating vaccines ahead of Beijing Games
    Sports
    Nibali returns to Astana after five years
    A tribute to the star Reuters photojournalist

    Danish Siddiqui

    1983-2021

    The Last Read