September 30, 2021 MADRID (Reuters) – Banks in Europe need more dynamic regulation to enable them to improve their profitability and catch up with their peers in the United States, the head of European Banking Federation (EBF), Ana Botin, said on Thursday. Europe’s banks have tended to lag their U.S. rivals in terms of valuation […]
Ireland doubles 2021 economic growth forecast, budget plans unchanged
September 30, 2021 By Padraic Halpin DUBLIN (Reuters) -Ireland on Thursday doubled its forecast for economic growth this year but will not increase its budget package for 2021 as it aims to get the public finances in “far safer” shape than previously expected, Finance Minister Paschal Donohoe said on Thursday. Finance ministry chief economist John […]
Futures rise ahead of jobless claims, GDP data
September 30, 2021 (Reuters) – U.S. stock index futures rose on Thursday, indicating a slightly positive end to a bruising month for Wall Street, with focus turning toward economic data and government funding negotiations. Jobless claims data, due at 08:30 a.m. ET, is expected to point to a steady recovery in the jobs market, while […]
Investors see Japan’s Kishida as market-friendly but reforms in question
September 30, 2021 By Hideyuki Sano and Divya Chowdhury TOKYO/MUMBAI (Reuters) – Investors see Japan’s new leader, Fumio Kishida, as a steady consensus-builder who can lead the ruling Liberal Democratic Party and its coalition partner to victory in a general election due in November. But while Japanese equities are expected to benefit from Kishida’s market-friendly […]
Continental restructures technology unit, downsizes board
September 30, 2021 BERLIN (Reuters) – German car parts maker Continental announced plans for a restructuring that will combine from the start of next year business activities around connectivity, mobility, and high-performance computers, it said on Thursday. Its tires business and the ContiTech division, focused on rubber technologies, will become independent group sectors, while its […]
Reachdesk wraps up $43M to expand its B2B gifting marketplace
Gifting has become a major lever in the world of building business relationships in the last 20 months. With in-person meetings reduced to a trickle, sending a gift to a colleague or business associate has become a more personalized way to reward, curry favor, or just keep in touch beyond the basics of pinging each […]
Erdogan says Turkey is looking at further defence steps with Russia
September 30, 2021 ISTANBUL (Reuters) -Turkey is considering more joint defence industry steps with Russia including for fighter jets and submarines, President Tayyip Erdogan said after talks with President Vladimir Putin, despite a U.S. warning of further sanctions. On the return flight to Turkey from the talks, Erdogan told reporters he also proposed working with […]
China’s high-end military technology touted at biggest air show
September 30, 2021 By David Kirton ZHUHAI, China (Reuters) – China put on an extravagant display of once-secret high-end military technology at its largest air show this week, while broadcasting its growing ambitions in space exploration and for self-sufficiency in commercial aircraft. Pandemic-related travel restrictions meant Airshow China in the southern city of Zhuhai was […]
Editor who investigated Navalny poisoning says Russia declares him wanted man
September 30, 2021 By Anton Zverev and Tom Balmforth MOSCOW (Reuters) -The editor of a Russian news outlet that angered the Kremlin with its investigations, including into the poisoning of opposition politician Alexei Navalny, said the authorities had declared him a wanted man. Roman Dobrokhotov, editor-in-chief of The Insider, told Reuters the authorities had accused […]
Pro-EU Dobrev leads in opposition primary to take on Hungary’s Orban
September 30, 2021 By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) -Klara Dobrev, a 49-year-old lawyer, has emerged as the front-runner in a joint opposition bid to unseat Hungary’s Prime Minister Viktor Orban in 2022 elections, partial results of an opposition primary showed on Thursday. Dobrev, whose candidacy would raise the prospect of Hungary’s first […]
Facebook Messenger releases cross-app group chats, further integrating with Instagram
Facebook Messenger is releasing a bundle of products this morning — most notably, including cross-app group chats. Last year, the company introduced cross-app messaging between Messenger and Instagram, but now, users will be able to start group chats among Instagram and Messenger contacts. Other additions today include polls in Instagram DMs, building off of the […]
CodeSee launches OSS Port open source project to help developers visualize code base
The larger a coding project gets, and the more people become involved, the harder it becomes to get a big picture view of how the entire project fits together, and this is especially true for distributed teams. Today, CodeSee, an early stage startup that wants to help development teams understand the entire code base, released […]
Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform
Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 billion valuation. Lightspeed Venture Partners led the Series C round, which comes just over one year after New York-based Alloy raised $40 million in a Series B financing. Existing backers Canapi Ventures, […]
Spotify rolls out podcast polls and Q&As to creators and users worldwide
Spotify earlier this year began beta testing new features to make podcasts more interactive through the use of listener polls and Q&As. Today, the company says these features will become publicly available to all creators through its podcast creation app, Anchor. To use the new options, creators who publish and distribute using Anchor will be […]
Boxing-Bout manipulation existed at Rio 2016 Olympics, says independent report
September 30, 2021 By Rohith Nair (Reuters) -A bout manipulation system existed in boxing at the 2016 Rio Olympics, Richard McLaren, the head of the independent investigation commissioned by the sport’s world governing AIBA, said in his report on Thursday. McLaren said the first stage of the investigation looked into the refereeing and judging at […]
Ola Electric raises $200 million at $3 billion valuation
Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in the South Asian market. Falcon Edge Capital and SoftBank Vision Fund 2 co-led the financing […]
Spain’s La Palma gains ground from the sea as lava piles up
September 30, 2021 By Borja Suarez and Marco Trujillo LA PALMA, Spain (Reuters) – Lava from the Cumbre Vieja volcano on Spain’s La Palma poured into the Atlantic Ocean for the second day on Thursday, creating a rocky outcrop more than 500 metres wide that extends the island’s coastline further to the west. Vicente Soler, […]
Nazi war crimes suspect, 96, flees ahead of trial
September 30, 2021 By Thomas Escritt BERLIN (Reuters) -A 96-year-old German woman fled ahead of the opening on Thursday of her trial on charges of aiding and abetting mass murder in a Nazi concentration camp during World War Two, a court spokesperson said. Irmgard Furchner is accused of having contributed as an 18-year-old to the […]
Israeli forces kill Palestinian gunman, woman assailant, Israeli police say
September 30, 2021 JERUSALEM (Reuters) -Israeli forces killed a Palestinian gunman in the occupied West Bank on Thursday and a Palestinian woman who tried to stab officers in Jerusalem’s Old City, Israeli police said. Hours later, in the Gaza Strip, Israeli soldiers fired towards a Palestinian, one of three people who raised suspicions by approaching […]
Kosovo, Serbia agree deal to end border tensions
September 30, 2021 By Robin Emmott BRUSSELS (Reuters) – Kosovo agreed on Thursday to withdraw police units from its northern border with Serbia to end a mounting dispute over vehicle licence plates that briefly escalated into violence and prompted NATO to step up its patrols. The accord negotiated in Brussels calms the latest flare-up in […]