October, 2021

• 3 October

  HomeGoods finally launches a website

  Bloomberg HomeGoods Inc has finally gone online as the ubiquitous retailer looks beyond brick-and-mortar at a time of soaring e-commerce demand. The discount home-decor chain began offering items including bedding, kitchen goods and seasonal products on its website. HomeGoods said it sees the e-commerce store as a complement to its network of more than 820 physical locations. The late launch ...

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• 3 October

  China steps up Taiwan flybys as 38 planes enter defense zone

  

  Bloomberg Chinese warplanes made multiple incursions close to Taiwan in the second major display of military might in two weeks. People’s Liberation Army aircraft conducted 38 flights near the territory, based on statements from Taiwan’s defense ministry. There were 13 Chinese planes in the air defense identification zone in nighttime hours and 25 earlier in the day, the ministry said. ...

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• 3 October

  North Korea test-fires another missile after Kim derides Biden

  

  Bloomberg North Korea claimed it had successfully test launched a newly developed anti-aircraft missile a day after the country’s leader, Kim jong-un, called President Joe Biden’s North Korea policy a “petty trick” — escalating tensions with Washington. The test was of “very practical significance in studying and developing various prospective anti-aircraft missile systems,” the state-run Korean Central News Agency (KCNA) ...

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• 3 October

  Johnson’s magic touch helps Tories rise above Brexit Britain chaos

  

  Bloomberg Moments after Boris Johnson told Parliament he planned to break a key election pledge and raise taxes on British workers, a WhatsApp message popped up on the phones of Conservative MPs: “PM in the tearoom now.” Johnson’s charm is by far his strongest political asset and the prime minister put it to work, mug in hand, to calm his ...

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• 3 October

  Duterte to retire from politics, not to run for vice president

  Bloomberg Philippine President Rodrigo Duterte said he’s retiring from politics and won’t be seeking the vice presidency in 2022, a surprise move that saw his party’s nominee for the top position instead seek the No. 2 post. Duterte’s former aide and now Senator Christopher ‘Bong’ Go filed his candidacy for vice president. Go had been earlier nominated by the ruling ...

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• 3 October

  Georgia’s ex-leader jailed as nation goes to polls

  Bloomberg Former Georgian President Mikheil Saakashvili, detained as the country prepared for local elections, urged his supporters to get out and vote against the incumbent party. Saakashvili, who returned from eight years in exile in defiance of warnings he’d be prosecuted for alleged abuse of power, was moved to the Rustavi prison, near the capital, Tbilisi. The government has accused ...

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• 3 October

  France’s Le Drian to hold talks with US’ Blinken

  Bloomberg French Minister of Foreign Affairs Jean-Yves Le Drian is expected to hold talks with US Secretary of State Antony Blinken in Paris next Tuesday, in a bid to improve ties after the recent diplomatic crisis between the two countries. The two ministers will hold in-depth talks “in o rder to identify the steps that could allow the restoration of ...

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• 3 October

  Japan’s banks desperate hunt for yield draws more scrutiny

  

  Bloomberg Japan’s financial regulator (FSA) is keeping a closer watch on the nation’s banks and insurers as their drawn out hunt for yield pushes them into riskier non-traditional assets. After years of ultra-low interest rates and record levels of deposits, it’s “inevitable” that firms are taking bigger risks, according to Toshinori Yashiki, who’s in charge of assessing risk at banks ...

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• 3 October

  BofA outage shuts out thousands online

  

  Bloomberg Bank of America Corp.’s (BofA) online-banking platform went down for several hours, leaving thousands of customers locked out of their accounts before service was restored. The outage started in the morning and began to be resolved midday. Bank of America’s website and app were both at full capacity in New York, according to a company spokesman. “Today, some of ...

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• 3 October

  Amazon launches $1000 voice-controlled robot

  

  Bloomberg Amazon.com Inc unveiled a home robot called Astro, a screen on wheels that works with the company’s Alexa voice software. The $1,000 bot, which Bloomberg first reported was in development in 2018, was shown at an Amazon event checking on pets while a user was away and following a child through the home during a video call. The device’s ...

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