September 9, 2021 (Reuters) – United Airlines Holdings Inc warned on Thursday its third-quarter revenue and capacity would take a hit from weaker travel demand due to a rise in COVID-19 cases fueled by the Delta variant. United expects revenue to fall 33% compared to the same period in 2019 and capacity to decline at […]
With an Apple Store designer on board, Juno raises $20M to build apartments more sustainably
Juno, a proptech startup which aims to build more sustainable and affordable apartment buildings, has raised $20 million in a Series A funding round. Comcast Ventures, Khosla Ventures and Real Estate Technology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception. JLL Spark, Vertex Ventures, Anim, […]
UK says it is ready to send migrant boats back to France
September 9, 2021 LONDON (Reuters) – Britain has approved plans to turn away boats illegally carrying migrants to its shores, deepening a diplomatic rift with France over how to deal with a surge of people risking their lives by trying to cross the English Channel in small dinghies. Hundreds of small boats have attempted the […]
German prosecutors search ministries in money laundering probe
September 9, 2021 BERLIN (Reuters) – German prosecutors said on Thursday they had seized documents at the finance and justice ministries as part of an investigation into possible obstruction of justice by a government agency that is responsible for investigating money laundering. Prosecutors said in a statement they had been investigating the Financial Intelligence Unit […]
Lebanon launches cash subsidy cards for families
September 9, 2021 BEIRUT (Reuters) -Lebanon’s caretaker minister of social affairs on Thursday announced the launch of cash cards for over 500,000 families, a planned step to further curb a $6 billion subsidy programme that has heavily depleted foreign reserves. Lebanon’s financial crisis has been described by the World Bank as one of the deepest […]
Sydney pubs to open in mid-Oct as end of COVID lockdown looms – with cases set to rise
September 9, 2021 By Renju Jose SYDNEY (Reuters) – Sydney’s cafes, restaurants and pubs are set to reopen in the second half of October after months of strict COVID-19 lockdown, even as the Prime Minister warned higher case numbers will follow the easing of curbs and leaders must “hold their nerve”. Authorities said Sydney bars […]
Merkel says her conservatives face tough battle after 16 years in power
September 9, 2021 BERLIN (Reuters) – Angela Merkel said on Thursday that nobody in her conservative bloc had ever doubted that they faced a tough battle to hold the chancellery after her 16 years in office, declining to speculate on the outcome of Germany’s Sept. 26 national election. “That after 16 years one does not […]
N.Korea puts hazmat suits on parade for national day, but no missiles
September 9, 2021 By Hyonhee Shin and Josh Smith SEOUL (Reuters) -North Korea celebrated the 73rd anniversary of its foundation with a night-time military parade in the capital, state media reported on Thursday, publishing photographs of marching rows of personnel in orange hazmat suits but no ballistic missiles. Kim Jong Un, the leader of the […]
Top EU court gives broad protection to term ‘champagne’
September 9, 2021 BRUSSELS (Reuters) – The top European Union court backed French champagne makers on Thursday who had argued that their protection under EU law should extend far beyond banning rival sparkling wine producers from putting the word “champagne” on their bottles. The champagne makers’ association (CIVC) is seeking to prohibit a chain of […]
West African regional bloc suspends Guinea after coup
September 9, 2021 By Saliou Samb CONAKRY (Reuters) -West Africa’s main political and economic bloc suspended Guinea’s membership on Wednesday following a weekend military coup that ousted President Alpha Conde and dealt the latest in a flurry of setbacks to democracy in the region. During a virtual summit, leaders from the 15-member Economic Community of […]
Cricket-England preliminary squad for T20 World Cup
September 9, 2021 (Reuters) – England on Thursday named the following 15-man preliminary squad for the Twenty20 World Cup in the United Arab Emirates and Oman in October-November: Eoin Morgan (captain), Moeen Ali, Jonathan Bairstow, Sam Billings, Jos Buttler, Sam Curran, Chris Jordan, Liam Livingstone, Dawid Malan, Tymal Mills, Adil Rashid, Jason Roy, David Willey, […]
Fed’s Bostic expects central bank to pull back on asset buying this year – WSJ
September 9, 2021 (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic believes the Fed will pull back on its asset-buying campaign this year though he does not expect a decision in this month’s central bank meeting, he told the Wall Street Journal. “As strong as the data was coming in the early part […]
During pandemic rebound, Latin America’s working mothers fall behind
September 9, 2021 By Lucila Sigal BUENOS AIRES/ASUNCION/SANTIAGO (Reuters) – Latin America’s mothers are falling behind in the pandemic economic rebound, returning to the labor force more slowly than men in a trend experts say could set back female workforce participation by a decade. An analysis by the United Nations Development Program (UNDP), which included […]
Analysis-Investors betting on ‘stable’ choice of Powell renomination at Fed
September 9, 2021 By David Randall NEW YORK (Reuters) – A potential renomination of Jerome Powell at the helm of the U.S. Federal Reserve would provide a needed sense of stability as the central bank prepares to pull back its emergency-level support, investors say, even while some chide the Fed chief for policies they say […]
Carlyle-backed Packable agrees $1.55 billion SPAC merger
September 9, 2021 By Chibuike Oguh NEW YORK (Reuters) – Packable, a U.S. e-commerce firm backed by Carlyle Group Inc, said on Thursday it has agreed to merge with Highland Transcend Partners I Corp, a special purpose acquisition company (SPAC), in a deal that values the combined company at $1.55 billion. The deal includes $180 […]
Digital therapeutics startup Neuroglee raises $10M to help people with neurodegenerative conditions
Neuroglee Therapeutics, a startup developing digital therapeutics for people with neurodegenerative diseases, has raised a $10 million Series A led by Openspace Ventures and EDBI. The funding will be used to launch virtual neurology clinics and to support Neuroglee’s move to Boston. Other participants included Ramen Singh, the former chief executive officer of Mundipharma; Biofourmis […]
Rio played down Australian heritage damage at inquiry – Aboriginal group
September 9, 2021 MELBOURNE (Reuters) – An executive with mining company Rio Tinto has played down damage to Indigenous Australian heritage, an Aboriginal group said on Thursday, in a submission to an inquiry into widespread destruction of sites of cultural significance. A spokesman for Rio Tinto said the company declined to comment. News emerged this […]
Explainer: Can Trump use executive privilege to block Jan. 6 attack probe?
September 9, 2021 By Jan Wolfe WASHINGTON (Reuters) – U.S. government agencies have a Thursday deadline to produce documents demanded by a congressional committee investigating the Jan. 6 attack on the U.S. Capitol, including communications involving some of former President Donald Trump’s closest advisers and family. The Republican Trump wants executive privilege to be used […]
Pennsylvania Republicans kick-start 2020 election review with hearing
September 9, 2021 By Nathan Layne (Reuters) – Republican lawmakers in Pennsylvania will kick off an “election integrity” investigation with a public hearing on Thursday, joining partisan efforts in other battleground states to cast doubts on former President Donald Trump’s November election loss. The hearing at the State Capitol in Harrisburg is expected to lay […]
Duterte daughter denies Philippine succession interest as expectation rises
September 9, 2021 By Karen Lema and Neil Jerome Morales MANILA (Reuters) – The daughter of Philippine President Rodrigo Duterte said on Thursday she would not run for higher office in next year’s general election, a remark that did little to dampen speculation that she has her eye on the presidency. Sara Duterte-Carpio, 43, mayor […]