David Barret

October 1, 2021 CARACAS (Reuters) -Venezuela on Friday launched its second monetary overhaul in three years by cutting six zeros from the bolivar currency in response to hyperinflation, simplifying accounting but doing little to ease the South American nation’s economic crisis. The plan seeks to makes accounting more straightforward at businesses and banks, where systems […]

October 1, 2021 By Karolina Tagaris SAMOS, Greece (Reuters) – Greece will not allow a repeat of the 2015 migration crisis to unfold on its borders following the deteriorating situation in Afghanistan, Prime Minister Kyriakos Mitsotakis said on Friday after visiting a new migrant camp on an island near Turkey. The Taliban’s takeover of Afghanistan […]

Web3 is still taking shape, so it is hard to define. At TechCrunch Disrupt, Houseparty founder Ben Rubin emphasized decentralization as Web3’s central feature. In today’s Web 2.0, individuals give money and personal data to network operators in exchange for access to information. “In Web3 there is a possibility — not saying that it’s going […]

October 1, 2021 By Matt Scuffham NEW YORK (Reuters) – Global shares bounced in volatile trading Friday with debate over the timing of future interest rate rises on both sides of the Atlantic intensified by euro zone inflation jumping to a 13-year high. Earlier in the week, global shares suffered their worst rout since January […]

October 1, 2021 By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources […]

October 1, 2021 CAIRO (Reuters) – Tunisia’s parliament speaker Rached Ghannouchi said on Friday that the parliament suspended by the president was in permanent session, and called on its members to resume work. “The office of the Assembly of the Representatives of the People is in permanent session,” Ghannouchi, head of the moderate Islamist Ennahda […]

October 1, 2021 By Gwladys Fouche OSLO (Reuters) – The winner of the 2021 Nobel Peace Prize will be announced on Oct. 8 in Oslo. Here is a look at how the award works: WHO CAN WIN? The prize should go to the person “who has done the most or best to advance fellowship among […]

October 1, 2021 NEW YORK (Reuters) – The Federal Reserve’s conditions for raising interest rates could be met by the end of 2022, Cleveland Fed Bank President Loretta Mester said on Friday, adding that she expects inflation to come back down to the central bank’s target next year. “I think we’ll see progress in the […]

October 1, 2021 (Reuters) – Sparta Prague have hit out at media reports that Rangers midfielder Glen Kamara was targeted by sections of a crowd comprising mainly schoolchildren during Thursday’s 1-0 Europa League home win. In March, Finland’s Kamara had complained of being racially abused by Slavia Prague’s Ondrej Kudela during a Europa League tie […]

October 1, 2021 (Reuters) – Key U.S. jobs numbers on Friday and an OPEC+ meeting on Monday to review oil output as crude prices top $80 dollars a barrel are top of the agenda for markets as 2021 heads into the homestretch following a bumpy Q3 ride. Here are the five stories likely to dominate […]

October 1, 2021 By Stephen Culp (Reuters) – Wall Street advanced in a broad rally on Friday, after sorting out conflicting news about the economy, the battle against COVID, and legislative wrangling in Washington at the start of the fourth quarter. All three major U.S. stock indexes began trending higher by late afternoon, buoyed by […]

Cherylnn Low Contributor Cherlynn Low is reviews editor at Engadget. If you’ve had your iPhone set up to unlock with your Apple Watch and recently upgraded to an iPhone 13, a software bug may have prevented you from continuing to use this. Thankfully, a fix is here and once you install it, you shouldn’t have […]

October 1, 2021 By Ilya Zhegulev KYIV (Reuters) – The former general manager of the Ukrainian Hockey League (UHL) told Reuters on Friday he was sacked for speaking out against racism and not preventing a video of a racist incident being published on the league’s official website. The video shocked the global hockey community this […]

October 1, 2021 By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Thursday rejected Wells Fargo & Co’s bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers. The fourth-largest U.S. bank has operated since 2018 under consent orders from […]

October 1, 2021 By Lewis Krauskopf and Manojna Maddipatla (Reuters) – Positive clinical trial results for Merck & Co’s experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while denting high-flying shares of vaccine companies and makers of other coronavirus therapies. Merck shares jumped as much as […]

October 1, 2021 (Corrects home state of Seattle to Washington in last paragraph) By Hilary Russ NEW YORK (Reuters) -As New York, San Francisco and a few other U.S. cities and counties require restaurants to check proof of COVID-19 vaccination to dine indoors, some fast-food chains are simply shutting their seating areas altogether – a […]

October 1, 2021 (Reuters) – The Biden administration is looking into ways to impose bank-like regulation on companies that issue stablecoins, including asking them to register as banks, the Wall Street Journal reported on Friday https://ift.tt/39Wvu4z, citing people familiar with the matter. The administration is also expected to urge the Congress to consider a new […]

When LinkedIn co-founder and Greylock partner Reid Hoffman first coined the term “blitzscaling,” he kept it simple: It’s a concept that encourages entrepreneurs to prioritize speed over efficiency during a period of uncertainty. Years later, founders are navigating a pandemic, perhaps the most uncertain period of their lives, and Hoffman has a clarification to make. […]

October 1, 2021 By David Shepardson WASHINGTON (Reuters) -The White House is pressing major U.S. airlines to mandate vaccines for employees by Dec. 8, four sources told Reuters on Friday. White House COVID-19 response coordinator Jeffrey Zients spoke to the chief executives of American Airlines, Delta Air Lines and Southwest Airlines on Thursday to ensure […]

October 1, 2021 LOS ANGELES (Reuters) – The Hollywood Foreign Press Association said on Friday it had added 21 new members as part of its efforts to diversify the ranks of the organization that hands out the Golden Globe awards for film and television. The additions bring the HFPA’s membership total to 105. Among the […]