October 6, 2021 By Christopher Bing (Reuters) – The Transportation Security Administration plans to introduce new regulations that will compel the most important U.S. railroad and airport operators to improve their cybersecurity procedures, Homeland Security Secretary Alejandro Mayorkas will announce in a speech on Wednesday. The upcoming changes will make it mandatory for “higher-risk” rail […]
Plant-based egg and shrimp on Nestle’s menu as it taps into vegan growth
October 6, 2021 By Paul Sandle LONDON (Reuters) – Nestle is launching plant-based substitutes for egg and shrimp that closely mirror the taste, nutrition and performance of the originals, the food group said on Wednesday, extending its range in the fast growing vegan market. The egg substitute, branded Garden Gourmet vEGGie in Europe, contains soy […]
Private collection tells story of Egypt’s cinematic heyday
October 6, 2021 ALEXANDRIA, Egypt (Reuters) – In a small apartment-turned-museum in the northern city of Alexandria, 72-year-old Makram Salama’s cluttered collection of negatives, posters and projectors traces the history of Egyptian cinema through its 20th century heyday. The collection started with photos and posters from his hometown in southern Egypt where he worked in […]
“This is the moment of shame,” pope says about France abuse report
October 6, 2021 By Angelo Amante VATICAN CITY (Reuters) -Pope Francis said on Wednesday he was saddened and ashamed by the Catholic Church’s inability to deal with sexual abuse of children in France and that the Church must make itself a “safe home for everyone”. “I would like to express to the victims my sadness, […]
Lufthansa gets strong investor backing for 2.1 billion euro cash call
October 6, 2021 By Abhinav Ramnarayan and Alexander Hübner LONDON/FRANKFURT (Reuters) -German airline Lufthansa received strong investor backing for a 2.14 billion euro ($2.47 billion) rights issue, providing some encouragement for travel companies looking to weather the after effects of the COVID-19 crisis. The company said on Wednesday that its rights issue was 98.36% subscribed […]
French trawlermen threaten to block Britain-bound trade in licence row
October 6, 2021 By Richard Lough PARIS (Reuters) – French fishermen said they could block the northern port of Calais and Channel Tunnel rail link, both major transit points for trade between Britain and continental Europe, if London does not grant more fishing licences in the next 17 days. The warning by trawler captains in […]
McConnell hints at Republican cooperation for passing U.S. debt limit hike by reconciliation
October 6, 2021 WASHINGTON (Reuters) – U.S. Senate Republican Leader Mitch McConnell on Wednesday said there was “plenty of time” to pass a debt limit increase through the budget reconciliation process, as he indicated his party would help facilitate a fast procedure. “Our colleagues have plenty of time to get it done before the earliest […]
Snapchat revamps creator payouts by offering chance to win prizes with Spotlight Challenges
As competition for creator talent heats up, Snap today introduced a series of new tools, programs, and features that will enable creators on its platform to generate revenue. These include the expansion of a Gifting feature to worldwide creators, the expansion of the Creator Marketplace to include Snap Stars (top creators with verified accounts), the […]
Soccer-Palace thriving on underdog status, says American co-owner
October 6, 2021 By Christian Radnedge LONDON (Reuters) – Crystal Palace are enjoying their status as Premier League underdogs and are aiming to finish in the top 10 for the first time in almost seven years under new manager Patrick Vieira, the club’s American co-owner Josh Harris said on Wednesday. Harris, who along with compatriot […]
Golf-Rahm positive he can match Ballesteros with third Spanish Open win
October 6, 2021 (Reuters) – World number one Jon Rahm is hopeful that he can emulate compatriot Seve Ballesteros by becoming only the second three-times winner of the Spanish Open when he tees off on home soil on Thursday. Rahm is after a hat-trick of titles at Club de Campo Villa de Madrid, having previously […]
Bitcoin hits strongest level since May
October 6, 2021 (Reuters) – Bitcoin hit its highest level since mid-May on Wednesday as bulls bid up the cryptocurrency after it breached the $50,000 mark in the previous session. The world’s largest cryptocurrency in terms of market value rose 4.6% to $53,859.6. It passed the $50,000 mark for the first time in four weeks […]
Analysis-Russia’s Gazprom feels the heat over Europe’s red-hot gas prices
October 6, 2021 By Katya Golubkova and Vladimir Soldatkin MOSCOW (Reuters) – Europe’s biggest gas firms say the continent’s top supplier Gazprom is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a dispute about whether it could do more to ease the price pain in a red-hot spot market. […]
Y Combinator-backed CostCertified lands $8.45M to build the ‘Amazon for construction’
CostCertified, a Canadian startup which provides real-time, interactive residential construction estimates, raised $8.45 million in a seed round of funding. FUSE, a Pacific Northwest venture firm which counts former Microsoft CFO John Connors and Seattle Seahawks linebacker Bobby Wagner as venture partners, led the round. The company is also backed by Y Combinator (having participated […]
Vlad Novakovski and Nicole Quinn to elucidate Series A fundraising
Vlad Novakovski co-founded Lunchclub in 2017 as a way to improve professional networking. In 2020, the company made a large push toward videos (thanks, COVID) and eventually saw enough traction to raise a $24.2 million Series A at a valuation above $100 million. Nicole Quinn from Lightspeed Ventures lead the raise. We’re thrilled to have […]
Getting the details right in your pitch deck
VCs read pitch decks extremely quickly, which means that every detail holds the potential to get them to double down on a startup or just pass altogether. While crafting the high-level narrative is critical, of course, founders can’t skimp on the details either. That’s why every Disrupt, we host a session we call Pitch Deck […]
Spanish ride-hailing app Cabify bets on grocery delivery amid e-commerce boom
October 6, 2021 By Clara-Laeila Laudette MADRID (Reuters) – Spanish ride-hailing app Cabify will allow users to order groceries direct to their homes in nine cities including Barcelona and Madrid via a partnership with online supermarket delivery firm Lola Market, the companies said on Wednesday. A new crop of startups across Europe seeks to consolidate […]
Europe made mistake in ditching long-term gas deals – Putin
October 6, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin said on Wednesday that Europe had made a mistake by reducing the share of long-term deals in natural gas trade and moving to the spot market instead, where prices have surged to record highs. Gas prices have spiked in response to a recovery in demand, […]
After Pandora Papers, EU says it plans new rules against tax avoidance
October 6, 2021 BRUSSELS (Reuters) – The European Commission will present by the end of the year new legislative proposals to tackle tax avoidance and tax evasion, the EU tax commissioner Paolo Gentiloni told the European Parliament on Wednesday. The tax discussion at the plenary session of the EU parliament was added to the agenda […]
Fear, bullets and blood: Bataclan survivors relive ordeal in Paris court
October 6, 2021 By Tangi Salaün and Ingrid Melander PARIS (Reuters) -“They were shooting us down like animals. As soon as a mobile phone rang, as soon as someone screamed, they fired,” Cedric Bouhour, 43, a survivor of the 2015 attack on the Bataclan concert hall, testified in a Paris court on Wednesday. Six years […]
Analysis-Buying the dip? Not so fast, some Wall St banks say
October 6, 2021 By Lewis Krauskopf and Sinéad Carew NEW YORK (Reuters) – Scooping up stocks after pullbacks has been a winning bet for investors over the past decade but some Wall Street strategists are pointing to a multitude of risks that could come with jumping into equities after their latest tumble. The S&P 500 […]