September 29, 2021 LONDON (Reuters) – Finance ministers from the Group of Seven made some progress on Wednesday at reaching a joint position on a landmark global corporate tax deal, days before it needs to win over a wider international audience, Britain’s finance ministry said. Britain – which chairs the G7 this year – brokered […]
Global supply disruptions could still get worse, central bankers warn
September 29, 2021 By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike in prices is still likely to remain temporary, the world’s top central bankers warned on Wednesday. The disruptions to the global economy during the […]
Shares staunch bleed after worst selloff since January
September 29, 2021 By Matt Scuffham NEW YORK (Reuters) -Investors sought to stanch the bleeding on Wednesday after world stock markets suffered their worst rout since January and U.S. and European borrowing costs raced to their highest in months. Stock indices in the United States and Europe staged a partial recovery after a heavy sell-off […]
Qatar adds new people and an entity to its national sanctions list – QNA
September 29, 2021 CAIRO – (Reuters) – Qatar added a group that it described as a “terrorist entity” and seven people to its national sanctions list, the state news agency (QNA) reported on Wednesday. The decision taken by the attorney general comes in line with the cooperation with the united states, QNA added. The report […]
Rebuffed by Bolsonaro, Brazil medical institute to sell vaccines abroad
September 29, 2021 By Eduardo Simões (Reuters) – Brazil’s Butantan biomedical institute is in talks to sell a locally manufactured COVID-19 vaccine developed by China’s Sinovac to other countries in South America and Africa, as the federal government has not ordered more of the shots. Butantan Director Dimas Covas said on Wednesday that the institute […]
Young activists table proposals for Glasgow climate talks
September 29, 2021 By Stephen Jewkes and Giulio Piovaccari MILAN (Reuters) – Young activists on Wednesday tabled a slate of proposals for inclusion in the COP26 climate agenda, a day before Italian Prime Minister Mario Draghi meets Swedish campaigner Greta Thunberg. The proposals will be vetted by climate and energy ministers gathering at a meeting […]
TikTok Shopping expands with more partnerships, LIVE Shopping, new ads and more
TikTok is expanding its investment in e-commerce. Earlier this year, the video platform began piloting TikTok Shopping in the U.S., U.K., and Canada, in partnership with Shopify. The deal allowed Shopify merchants with a TikTok For Business account to add a Shopping tab to their TikTok profiles and sync their product catalogs to the app […]
General Motors’ new software platform Ultifi is coming to vehicles starting in 2023
General Motors is rolling out a new software platform in vehicles starting in 2023 that executives say will usher in a sweeping set of capabilities including giving drivers access to subscription services and using over-the-air updates to offer new apps. The software platform can be used to give owners greater access to all the functions […]
Investible launches $100M AUD fund for early-stage climate tech startups
Investible, the Sydney-based early-stage venture firm known for investments in Canva and other top Australian startups, announced today it is raising a $100 million AUD (about $72.3 million USD) Climate Tech Fund. This is the first time Investible has launched a sector-focused fund. It’s first two funds, including a $50 million AUD one closed earlier […]
Explainer-Standing at the precipice, Washington courts debt limit catastrophe
September 29, 2021 By Jason Lange, Megan Davies and David Randall WASHINGTON (Reuters) – A standoff in Washington between President Joe Biden’s Democrats and Republicans is threatening to trigger a financial and economic meltdown if Congress fails to act by about Oct. 18, when the Treasury Department expects to run out of cash to cover […]
Eyewear company Warby Parker valued at over $6 billion after shares climb in debut
September 29, 2021 (Reuters) -Shares of Warby Parker Inc jumped 35% in their U.S. market debut on Wednesday, notching up a valuation of over $6 billion for the eyewear company. The company’s stock, which went public through a direct listing, opened at $54.05 per share compared with the reference price of $40 per share. A […]
‘We will remove you’, Hezbollah official told Beirut blast judge
September 29, 2021 BEIRUT (Reuters) – A senior official in the Lebanese Shi’ite group Hezbollah told the judge investigating the disastrous Beirut port blast that it would remove him from the probe, according to a journalist who says she conveyed the message and a judicial source. Judge Tarek Bitar described the message in a letter […]
Dear Sophie: Any advice for getting media coverage for my startup?
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What’s […]
Twitch adds phone-verified chat, expands email authentication settings as users face ‘hate raids’
Twitch announced today that it will add new channel-level security features to help curb harassment on the platform. Now, creators and moderators can enable verified chat, requiring chatters to validate their phone and/or email before they can send messages. These settings can be toggled to enable verified chat for all accounts, first-time chatters, those under […]
Google adds news ways to shop, like turning a website’s photos into shoppable products
Google today introduced new ways to shop through its platform, including both online and via its Google Search mobile app. In an update coming soon to the Google Search app for iPhone, the company will begin to leverage a new machine learning model using on-device processing to recognize the products found in images on a […]
Netflix buys first video game studio, rolls out mobile games
September 29, 2021 (Reuters) – Netflix has bought video game creator Night School Studio and rolled out five mobile gaming titles in select European markets, the company said on Tuesday, as it looks to diversify revenue sources amid intensifying competition in the streaming space. Night School Studio, the company’s first gaming studio purchase, is best […]
Garcia jumps back into action after Ryder Cup letdown
September 29, 2021 (Reuters) – Sergio Garcia may not have got much sleep after Europe’s Ryder Cup letdown but the Spaniard said on Wednesday his energy level is good ahead of his title defense this week at the Sanderson Farms Championship in Jackson, Mississippi. Garcia, who is the lone participant from last week’s Ryder Cup […]
Lowry targets Ryder Cup glory in 2023
September 29, 2021 (Reuters) – Ireland’s Shane Lowry said his only focus for the next two years is to help Europe regain the Ryder Cup when the biennial competition is held at the Marco Simone Golf Club in Italy in 2023. Padraig Harrington’s European team were overwhelmed as the United States reclaimed the Ryder Cup […]
Gone before she has: Merkel commemorative teddies sell out
September 29, 2021 BERLIN (Reuters) – A German toymaker is producing a batch of commemorative teddy bears to mark the end of Angela Merkel’s time as chancellor, and they have sold out before she has even left office. The handmade bears come complete with their hands resting in the “Merkel rhombus”, the chancellor’s trademark pose […]
AT&T mandates COVID-19 vaccination for union-represented employees
September 29, 2021 (Reuters) – AT&T Inc said on Wednesday it would require its union-represented employees to be vaccinated against COVID-19 before entering their work location, following a similar mandate for its management employees last month. The U.S wireless carrier, one the largest employers of union-represented workers, said the Communications Workers of America (CWA)-linked employees […]
