David Barret

September 15, 2021 ISTANBUL (Reuters) – Turkey’s central bank said on Wednesday that it has formed the Digital Turkish Lira Collaboration Platform to expand its research into the potential benefits of a digital currency. The bank said it signed separate memorandums of understanding with Turkey’s HAVELSAN, ASELSAN and TUBITAK-BILGEM for the platform, which will carry […]

Electric vehicle fleet and infrastructure startup Gravity thinks it has cracked the code for urban EV charging infrastructure.  The company, which was founded in February this year, announced its construction project to convert an indoor parking garage in the middle of Manhattan into a public EV fast charging hub. When the 29-space garage on 42nd […]

September 15, 2021 By Stella Qiu and Gabriel Crossley BEIJING (Reuters) -China’s factory and retail sectors faltered in August with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions threatened the country’s impressive economic recovery. Industrial production rose 5.3% in August from a year earlier, narrowing from an increase of […]

September 15, 2021 By Robin Emmott BRUSSELS (Reuters) – The European Union must stand with Lithuania against Chinese pressure and not give in to trade threats, Slovenia’s prime minister said in a letter to fellow EU leaders, according to a copy seen by Reuters. China’s decision to withdraw its ambassador to Lithuania over a dispute […]

September 15, 2021 (Reuters) – The U.S. Open women’s final between Emma Raducanu and Leylah Fernandez attracted a bigger audience on ESPN than the men’s clash featuring calendar year Grand Slam-chasing Novak Djokovic and Russia’s Daniil Medvedev, the U.S. sports channel said. The Saturday broadcast of the women’s final peaked at 3.4 million viewers while […]

September 15, 2021 LONDON (Reuters) – Evergrande Group’s debt crisis could pose spillover risks to the broader Chinese property sector, Goldman Sachs said in a note on Wednesday. The developer, which has liabilities of nearly two trillion yuan ($305 billion), is trying to raise funds to pay lenders and suppliers as it teeters between a […]

September 15, 2021 PARIS (Reuters) -French investment company Antin Infrastructure Partners will float its shares at a price range between 20 and 24 euros in its upcoming initial public offering (IPO), the company said on Wednesday. The IPO involves a capital increase of about 350 million euros ($416 million) through the issuance of new shares […]

September 15, 2021 By Farah Master and Donny Kwok HONG KONG (Reuters) -Shares of Macau casino operators plummeted as much as a third on Wednesday, losing about $18 billion in value, as the government kicked off a regulatory overhaul that could see its officials supervising companies in the world’s largest gambling hub. With Macau’s lucrative […]

September 15, 2021 THE HAGUE (Reuters) – The first trial opened on Wednesday at a special court dealing with crimes during the 1998-1999 Kosovo conflict. Here are some key facts about the tribunal: * The Kosovo Specialist Chambers tribunal was created in 2015 to handle crimes not tried by the United Nations International Criminal Tribunal […]

September 15, 2021 By Andrew Osborn and Maxim Rodionov MOSCOW (Reuters) -Russian President Vladimir Putin said on Tuesday he was self-isolating after several members of his entourage fell ill with COVID-19, including someone he worked with in close proximity and had been in close contact with all of the previous day. Putin, who has had […]

September 15, 2021 LONDON (Reuters) -British Prime Minister Boris Johnson will reshuffle his team of ministers on Wednesday, a source in his Downing Street office said. Since winning the 2019 election with a big parliamentary majority, Johnson’s agenda has been eclipsed by the COVID-19 pandemic. “The PM will be appointing ministers this afternoon with a […]

September 15, 2021 SOFIA (Reuters) -President Rumen Radev has called Bulgaria’s third parliamentary election this year for Nov. 14 after inconclusive polls in April and July failed to produce a government, the president’s media office said on Wednesday. Radev, who is running for re-election in a presidential vote which will be held on the same […]

Building credit history can be difficult if you are a consumer that is having trouble getting access to credit in the first place. Enter TomoCredit, which has developed a credit card focused on building credit history for first-time borrowers. The San Francisco-based startup is announcing today that it has raised $10 million in a Series […]

In order to support a buildout of renewable energy, which tends to over-generate electricity at certain times of day and under-generate at others, the grid is going to need a lot of batteries. While lithium-ion works fine for consumer electronics and even electric vehicles, battery startup EnerVenue says it developed a breakthrough technology to revolutionize […]

September 15, 2021 By Ambar Warrick (Reuters) – U.S. stock index futures edged higher on Wednesday on easing fears of an earlier-than-expected cut to monetary stimulus, even though a slowing economic recovery and uncertainty over higher corporate taxes weighed on sentiment. The S&P 500 had sunk to a more than three-week low on Tuesday, while […]

The EU will use legislation to push for greater resilience and sovereignty in regional semiconductor supply chains. The bloc’s president trailed a forthcoming ‘European Chips Act’ in a state of the union speech today. Ursula von der Leyen suggested that gaining greater autonomy in chipmaking is now a key component of the EU’s overarching digital […]

E-commerce has undoubtedly seen a huge boost in growth in the last year and a half of Covid-19 living, with people turning to the web and apps to shop for essentials and not-so-essentials to keep their social distance, and using delivery services to receive their goods rather than picking things up in person. Today, a […]

September 15, 2021 By Stephanie van den Berg THE HAGUE (Reuters) – A special tribunal in The Hague investigating allegations of atrocities committed by Kosovo pro-independence fighters opened its first case on Wednesday, against a commander accused of torturing prisoners during the 1998-1999 conflict with Serbia. At the start of his trial, Salih Mustafa, 50, […]

Cross-border commerce company Zonos raised $69 million in a Series A, led by Silversmith Capital Partners, to continue building its APIs that auto classify goods and calculate an accurate total landed cost on international transactions. St. George, Utah-based Zonos is classifying the round as a minority investment that also included individual investors Eric Rea, CEO […]

Walmart has tapped Argo AI and Ford to launch an autonomous vehicle delivery service in Austin, Miami and Washington D.C., the companies said Wednesday. The service will allow customers to place online orders for groceries and other items using Walmart’s ordering platform. Argo’s cloud-based infrastructure will be integrated with Walmart’s online platform, routing the orders […]