David Barret

September 28, 2021 FRANKFURT (Reuters) – European Central Bank President Christine Lagarde continued play down inflation worries on Tuesday and warned against overreacting to a temporary spike in prices. “The key challenge is to ensure that we do not overreact to transitory supply shocks that have no bearing on the medium term, while also nurturing […]

September 28, 2021 PARIS (Reuters) -Sanofi is dropping plans for its own mRNA-based COVID-19 vaccine because of the dominance achieved by BioNTech-Pfizer and Moderna in using the technology to fight the pandemic, the company said on Tuesday. The move highlights the challenges of competing in particular with pioneer BioNTech, which rose from obscurity through its […]

September 28, 2021 BRUSSELS (Reuters) – The European Commission and EU consumer authorities urged Volkswagen on Tuesday to compensate all consumers, not just those in Germany, for having misled them over the emissions of vehicles they bought. The German carmaker admitted wrongdoing in the Dieselgate scandal in 2015, triggering a series of legal cases, some […]

September 28, 2021 BERLIN (Reuters) – Germany’s Social Democrats, who narrowly won Sunday’s national election ahead of Chancellor Angela Merkel’s conservatives, said on Tuesday they hoped to talk to the Greens and Free Democrats later this week about forming a three-way government. The Greens and the liberal FDP, who are far apart on many issues, […]

September 28, 2021 By Sudipto Ganguly (Reuters) – World number one Ash Barty has made no decision on the rest of her season despite pulling out of next month’s WTA 1000 tournament at Indian Wells to return to Australia to see her family, her team told Reuters on Tuesday. The Wimbledon champion last played at […]

September 28, 2021 By Elizabeth Howcroft LONDON (Reuters) – The U.S. dollar climbed to its highest in more than five weeks, while other major G10 currencies dropped, as higher U.S. Treasury yields made the dollar more attractive to investors. U.S. Treasury yields have surged since the end of last week, after the Federal Reserve said […]

September 28, 2021 By Robin Emmott BRUSSELS (Reuters) – The European Union, fearing a political backlash in member states, can no longer agree to give a guarantee of future membership to the six Balkan countries once promised a place in the club, according to four diplomats and an internal document. An impasse over a declaration […]

September 28, 2021 By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank weighed accelerating the world’s most aggressive monetary tightening, minutes from its last policy meeting showed on Tuesday, but uncertainty about a post-pandemic rebound led it to stay the course on 100-basis-point rate hikes. The minutes of the Sep. 21-22 meeting, when the bank […]

September 28, 2021 By Tim Kelly TOKYO (Reuters) – Toyota Motor Corp’s Silicon Valley research arm on Thursday said it had acquired automotive operating system software company Renovo to help accelerate the development of fully-autonomous connected vehicles. “I am hoping to shave off years and months to our minimum viable product launches,” James Kuffner, the […]

Australia’s competition watchdog is the latest to push for legal powers to curb Google’s dominance in the adtech sector. It has made the call as it published its final report on an inquiry examining competition concerns in the digital advertising sector. In the report, the Australian Competition and Consumer Commission (ACCC) concludes that new regulatory […]

As the pandemic continues to unevenly play out, the backdrop of our days has never felt more stagnant. While tech workers may turn to virtual HQs or Twitter Spaces for spontaneous chats, high schoolers are searching for casual places online to riff and study with friends. And Fiveable, a Milwaukee-based startup, fits the growing demand. Fiveable […]

September 28, 2021 By Ahmad Ghaddar LONDON (Reuters) -Oil markets climbed for a sixth day on Tuesday, boosted by a tighter supply and firm demand outlook, but power shortages in China which hit factory output tempered the rally. Brent crude futures gained 67 cents, or 0.8%, to $80.20 a barrel at 1016 GMT, after reaching […]

September 28, 2021 By Vincent West BILBAO, Spain (Reuters) – Staring impassively out from the murky waters of Bilbao’s River Nervion, the eerily lifelike face of a young girl drowning in the tide has been unsettling people in the Spanish city since she appeared unannounced last week. Mexican hyperrealist artist Ruben Orozco created the enigmatic […]

September 28, 2021 (Fixes day in first paragraph) By Ritvik Carvalho LONDON (Reuters) – Global shares fell for a third successive day on Tuesday, while bond yields and measures of inflation expectations on both sides of the Atlantic soared on anxiety over when central banks might raise interest rates. MSCI’s All Country World Index, which […]

September 28, 2021 (Reuters) – The hybrid working model may not be an immediate threat for British commercial landlords as corporate decisions on space requirements are taking longer than first thought, a Citigroup analyst said on Tuesday. The brokerage firm raised its ratings on Land Securities and British Land to “neutral” from “sell” while arguing […]

September 28, 2021 By Stephen Jewkes and Giulio Piovaccari MILAN (Reuters) -Greta Thunberg and fellow youth campaigners struck a sceptical tone for this week’s climate talks in Italy, saying much has been promised but little done to tackle global warming in almost three decades since the landmark Earth Summit. Fears that climate change is worsening […]

Toyota subsidiary Woven Planet Holdings has made its third acquisition in less than a year in its bid to invest in, develop and eventually bring future-of-transportation technologies like automated driving to market. This time, it’s Renovo Motors, the automotive operating system developer based in Silicon Valley that made its first big splash in 2015, when […]

After rebranding from White Hat and raising $44 million earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The company today announced that it has closed $130 million in a Series C round. The funding had been rumored in recent weeks while the round was being closed.  D1 Capital Partners and […]

September 28, 2021 By David Stanway SHANGHAI (Reuters) – As a severe power crunch roils China’s northeastern industrial heartland, senior officials face mounting pressure from alarmed citizens to ramp up coal imports thick and fast in order to keep lights on, factories open and even water supplies flowing. With electricity shortages sparked by scant coal […]

September 28, 2021 (Reuters) – Mastercard Inc unveiled on Tuesday a buy now, pay later (BNPL) program that will allow consumers to pay for online and in-store purchases through equal and interest-free installments. (Reporting by Sohini Podder in Bengaluru; editing by Uttaresh.V) Source Link Mastercard launches buy now, pay later program David Barret