David Barret

October 7, 2021 BERLIN (Reuters) – Deutsche Post said on Thursday it would hike its 2021 guidance for the sixth time as the pandemic-spurred boom in e-commerce and parcel shipments continued well into the third quarter of 2021. The Germany-based provider of postal services said it would provide details of the new guidance with final […]

October 7, 2021 (Corrects to show U.S. stocks rose, not fell in paragraph 8) By Ahmad Ghaddar LONDON (Reuters) -Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves and as Russia said it was ready to stabilise the natural gas […]

October 7, 2021 MEXICO CITY (Reuters) – Cemex, North America’s biggest concrete producer, said on Thursday that variables including supply chain issues, project delays and foreign exchange effects could impact EBITDA for around $100 million. “We believe on a preliminary basis… that all these variables can impact our EBITDA for an amount of around 100 […]

October 7, 2021 PARIS (Reuters) – Champagne sales are set to reach a four-year high this year, driven by strong exports to the United States and Australia, champagne wine growers lobby SGV said on Thursday, adding that Brexit and a row with Russia had not hit volumes. The forecast should cheer wine producers that face […]

October 7, 2021 DUBAI (Reuters) – Amid the soaring temperatures of the United Arab Emirates, visitors to Expo 2020 Dubai can take refuge at the Singapore pavilion’s mini rainforest. With 80,000 plants from 170 different species, the multi-layered structure is a green oasis amid the arid desert climate. A self-sufficient ecosystem, the hanging gardens and […]

October 7, 2021 ATHENS (Reuters) -A new defence agreement between Greece and France will allow them to come to each other’s aid in the event of an external threat, Greek Prime Minister Kyriakos Mitsotakis said on Thursday, amid increased tensions with Turkey. The strategic military and defence cooperation pact between the two NATO allies was […]

October 7, 2021 By Robin Emmott, John O’Donnell and Jonathan Landay BRUSSELS/FRANKFURT/WASHINGTON (Reuters) – As desperate Afghans resort to selling their belongings to buy food, international officials are preparing to fly in cash for the needy while avoiding financing the Taliban government, according to people familiar with the confidential plans. Planning for the cash airlifts […]

October 7, 2021 By Alexander Ratz BERLIN (Reuters) -Germany’s Social Democrats (SPD) began their first three-way talks with two smaller “kingmaker” parties on Thursday, confident they can move closer to leading a new government following an inconclusive national election. The Greens and business-friendly Free Democrats (FDP) agreed on Wednesday to enter the talks with the […]

Increasingly, conversations about big data, machine learning and artificial intelligence are going hand-in-hand with conversations about privacy and data protection. Now, a startup that is building tools to make it easier for engineers to implement the two simultaneously is announcing a round of growth funding to continue expanding its operations. Gretel AI, which lets engineers […]

October 7, 2021 ABUJA (Reuters) – Nigeria’s president unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022 on Thursday, with a projected 25% year-on-year rise in government spending as the economy struggles with the impact of the pandemic. The plan for Africa’s most populous country and top oil exporter assumes crude production of […]

October 7, 2021 BRUSSELS (Reuters) – The expulsion of eight members of Russia’s mission to NATO is not linked to a particular event, but the alliance needs to be vigilant in the face of “malign” Russian activity, NATO Secretary-General Jens Stoltenberg said on Thursday. Stoltenberg said the eight, whose expulsion was announced on Wednesday, were […]

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 […]

October 7, 2021 ISTANBUL (Reuters) – Formula One title contender Max Verstappen played down the pressure of fighting Lewis Hamilton for the championship and said on Thursday that the outcome would not change his life either way. The 24-year-old Red Bull driver is two points adrift of Mercedes’ seven times world champion, and 100-times race […]

October 7, 2021 By Joseph Menn and Christopher Bing SAN FRANCISCO (Reuters) – The suspected Russian hackers who used SolarWinds and Microsoft software to burrow into U.S. federal agencies emerged with information about counter-intelligence investigations, policy on sanctioning Russian individuals and the country’s response to COVID-19, people involved in the investigation told Reuters. The hacks […]

October 7, 2021 By John Revill ZURICH (Reuters) -Sika can overcome rising raw material costs globally and uncertainty in China linked to debt concerns at developer China Evergrande to reach its 2021 goals, Chief Executive Thomas Hasler said on Thursday. The Swiss construction chemicals maker expects to increase its sales when measured in local currencies […]

October 7, 2021 By David Henry (Reuters) – The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had doubled their earnings earlier this year taper off and business starts to return to normal. Analysts, on average, expect JPMorgan Chase & Co, the country’s largest lender, […]

October 7, 2021 By Gabriela Baczynska BRUSSELS (Reuters) -The European Union’s executive called for an investigation on Thursday into illegal migrant pushbacks after a report by German media outlets Der Spiegel and ARD documented what they said were Greek and Croatian officials carrying out such operations. The joint report said Greek and Croatian special forces […]

October 7, 2021 MOSCOW (Reuters) – Russia has charged the chief executive of a leading Russian cybersecurity company with treason, local news agencies cited sources as saying on Thursday. Ilya Sachkov, founder and CEO of Group-IB, was arrested last week and put in custody for two months. Law enforcement officers searched his firm’s Moscow offices. […]

When you think about service meshes, a somewhat esoteric cloud native tool designed to stitch different microservices together, you might not think it’s the most lucrative side of the Kubernetes led cloud native market, but you would be wrong. Today, Solo.io, a Cambridge, Massachusetts service mesh startup, announced a $135 million Series C at a […]

Sequoia is one of the most sought-after VC firms in the world, and predictably, it sees plenty of startups competing for its attention. In a recent episode of TechCrunch Live (formerly Extra Crunch Live), Sequoia partner Stephanie Zhan and Nick Fajt, founder and CEO of social gaming platform Rec Room, explained what the venture capital […]