Mexican used car startup Kavak announces Argentina expansion - Reuters

MEXICO CITY (Reuters) - SoftBank-backed used car platform Kavak is expanding from Mexico into Argentina in a merger with secondhand auto company Checkars after seeing sales recover from a pandemic-induced dip, Kavak Chief Executive Carlos Garcia said in an interview on Tuesday.

Kavak Chief Executive Carlos Garcia poses for a photo at used autos platform Kavak in Mexico City, Mexico, August 25, 2020. Picture taken August 25, 2020. REUTERS/Edgard Garrido

Although Kavak’s sales in


Iran relents on IAEA inspections at two sites, ending standoff - Reuters

DUBAI/VIENNA (Reuters) - Iran said on Wednesday it was ending a months-long standoff with the U.N. nuclear watchdog by granting it access to two sites suspected of once hosting secret activities, easing diplomatic pressure on Tehran as Washington seeks to reimpose sanctions.

Iranian President Hassan Rouhani meets with International Atomic Energy Agency (IAEA) Director General Rafael Grossi in Tehran, Iran August 26, 2020. Official Presidential website/Handout via REUTERS

Wednesday’s breakthrough in the dispute over the sites

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HSBC teams up with Pollination for 'natural capital' venture - Reuters

LONDON (Reuters) - HSBC Global Asset Management ( HSBA.L ) has teamed up with climate change advisory firm Pollination Group to create an asset management venture focused on “natural capital”, which seeks to put a value on resources such as water, soil and air to help to protect the environment.

FILE PHOTO: A school of fish swim above a staghorn coral colony on the Great Barrier Reef off Australia October 25, 2019. REUTERS/Lucas Jackson/File Photo

The new venture - HSBC


U.S. resumes oil and gas auctions with major New Mexico sale - Reuters

FILE PHOTO: A drilling rig operates in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019. REUTERS/Nick Oxford/File Photo

(Reuters) - The U.S. government’s first oil and gas lease sale in five months kicked off on Wednesday, attracting weaker bidding in New Mexico than auctions that occurred before oil prices crashed during the pandemic,


Tokyo's new see-through toilets aim to enhance public spaces - Reuters

TOKYO (Reuters) - Public toilets are usually a welcome sight to anyone who has had too much to drink, but some might do a double take when they come across the ones that have just opened in a Tokyo park.

Made of special glass, the cubicles become opaque when the lock is turned, but are otherwise completely see-through, with sinks, urinals and toilet bowls in full view.

The toilets were designed by architect Shigeru Ban as part of the Tokyo Toilet Project, which is backed by The Nippon


U.S. slams HSBC over treatment of Hong Kong customers, says China 'bullying' UK - Reuters

WASHINGTON/LONDON/HONG KONG (Reuters) - U.S. Secretary of State Mike Pompeo on Wednesday renewed criticism of British bank HSBC ( HSBA.L ) for its reported treatment of customers linked with the pro-democracy movement in Hong Kong, saying China was “bullying” the United Kingdom.

FILE PHOTO: HSBC logo is seen in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo

Pompeo cited reports of Hong Kong


Pressure mounts to disband Brazil's crack anti-corruption squad - Reuters UK

BRASILIA (Reuters) - Political pressure is growing in Brazil to disband a high-profile team of anti-corruption prosecutors that has put dozens of former executives and politicians behind bars, despite its strong popular support and hundreds of cases still pending.

FILE PHOTO: A woman attends a protest against corruption, in favour of the "Car Wash" corruption investigation and the Brazil's Justice Minister Sergio Moro, in Sao Paulo, Brazil June 30, 2019. REUTERS/Rahel Patrasso/File Photo

Prosecutor


Desktop Metal to go public through blank check company at $2.5 billion valuation - Reuters

(Reuters) - Desktop Metal said on Wednesday it has agreed to go public through a reverse merger with blank-check company Trine Acquisition Corp ( TRNE.N ), in a deal that values the metal 3D printing technology provider at $2.5 billion.

It is the latest example of a technology company opting to go public through a so-called special-purpose acquisition companies (SPAC) merger, following the likes of space tourism start-up Virgin Galactic Holdings ( SPCE.N ) and electric vehicle


Greece says to extend its western territorial waters - Reuters

ATHENS (Reuters) - Greece plans to extend the western limit of its territorial waters in the Ionian Sea to 12 miles, Prime Minister Kyriakos Mitsotakis said on Wednesday.

FILE PHOTO: Greek Prime Minister Kyriakos Mitsotakis makes a statement as he arrives for the first face-to-face EU summit since the coronavirus disease (COVID-19) outbreak, in Brussels, Belgium July 17, 2020. Francisco Seco/Pool via REUTERS

Italy and Albania, who also have Ionian coasts, have been


EU freezes Mali training missions after military coup, denies responsibility - Reuters

BRUSSELS/BAMAKO (Reuters) - The European Union has suspended training in Mali after the military coup this month that removed President Ibrahim Boubacar Keita from power, officials said on Wednesday, while Germany acknowledged that some perpetrators had been trained in Europe.

The two missions assisting Mali’s army and police are part of international efforts to stabilise Mali and extend the state’s authority, but the EU is facing questions about whether it inadvertently helped train the coup plotters.

“It is known that some of the leading figures of