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September 20, 2021 FRANKFURT (Reuters) -Allianz is considering speeding up succession planning for its management board, including for asset management head Jacqueline Hunt whose contract expires next year, following the closure of some of its U.S. investment funds last year. Allianz is facing a slew of investor lawsuits over its Structured Alpha Funds and related […]

September 20, 2021 LONDON (Reuters) – Britain’s Prince Charles and his son William will join healthcare workers and members of the armed forces at the world premiere of “No Time To Die” next week when the highly anticipated James Bond movie makes its delayed debut. Daniel Craig, who takes on the role of the suave […]

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […]

Weeks after Amazon introduced an updated Fire TV lineup that included, for the first time, its own TVs, Roku today is announcing its own competitive products in a race to capture consumers’ attention before the holiday shopping season. Its updates include a new Roku Streaming Stick 4K and Roku Streaming Stick 4K+ — the latter […]

September 20, 2021 (Reuters) – El Salvador has bought 150 more bitcoins, President Nayib Bukele announced, taking the Central American country’s holdings of the volatile cryptocurrency to 700 coins. “We just bought dip,” Bukele tweeted late on Sunday, referring to a recent slump in bitcoin prices. Earlier this month, El Salvador became the first country […]

September 20, 2021 LONDON (Reuters) – Britain’s Princess Beatrice, Queen Elizabeth’s granddaughter, has given birth to a baby girl, her first child with husband Edoardo Mapelli Mozzi, Buckingham Palace announced on Monday. The baby, who weighed 6 pounds and 2 ounces (2.78 kg), was born at London’s Chelsea and Westminster Hospital on Saturday. Beatrice, the […]

September 20, 2021 BUDAPEST (Reuters) -Hungary’s government will refund $2 billion of income tax to families in early 2022, and also plans a big hike in the minimum wage, Prime Minister Viktor Orban told parliament’s opening session on Monday. Orban, who next year faces an election that is shaping up as a competitive race for […]

September 20, 2021 (Reuters) – European Union foreign ministers will on Monday discuss Australia’s scrapping of a $40 billion submarine order with France, a move that has enraged Paris and cast a shadow over free trade talks between the EU and Australia. The meeting will take place on the sidelines of the United Nations General […]

Flippa, an online marketplace to buy and sell online businesses and digital assets, announced its first venture-backed round, an $11 million Series A, as it sees over 600,000 monthly searches from investors looking to connect with business owners. OneVentures led the round and was joined by existing investors Andrew Walsh (former Hitwise CEO), Flippa co-founders […]

September 20, 2021 By Robenson Sanson and Gessika Thomas PORT-AU-PRINCE (Reuters) -More than 300 Haitians were returned home on Sunday after the United States ejected them from Texas, leaving many of the would-be migrants demoralized and angry that their search for a better life far away from their impoverished country was over. U.S. border agents […]

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Rolls-Royce’s all-electric aircraft completes 15-minute maiden voyage Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores Netflix has nabbed the most Emmys ever for a single platform with 44 including 11 for The Crown, more than […]

September 20, 2021 By Karen Brettell NEW YORK (Reuters) – Investors are fixated this week on the Federal Reserve’s policy meeting as the U.S. central bank approaches the final quarter of the year, when it is expected to begin paring back its unprecedented level of bond purchases as the first step toward normalizing monetary policy. […]

September 20, 2021 LONDON (Reuters) – Boeing’s vice president of commercial marketing forecast on Monday that European passenger traffic would grow by 3.1% per year over the next 20 years, and said demand for planes in the region would keep rising as the COVID-19 recovery progresses. Darren Hulst, U.S. planemaker Boeing’s VP of commercial marketing, […]

September 20, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opens its doors to exhibitors from almost 200 countries on Oct. 1 after being delayed for a year by the coronavirus pandemic. The 4.3 sq km (1.7 sq mile) site was desert when Dubai was […]

September 20, 2021 BANGKOK (Reuters) – Thailand has increased the ceiling of its public debt-to-gross domestic product (GDP) ratio to 70% from 60%, the finance minister said on Monday, allowing the government to raise more funds to help a struggling economy. The Southeast Asian country is dealing with its biggest COVID-19 outbreak to date and […]

September 20, 2021 FRANKFURT (Reuters) – The European Central Bank is set to use its bond-buying programme to guide investor expectations about an interest rate hike as the latter won’t come until the former ends, ECB board member Isabel Schnabel said on Monday. “As the inflation outlook brightens, it becomes less important how much a […]

September 20, 2021 By Ritvik Carvalho LONDON (Reuters) – The offshore Chinese yuan skidded to three-week lows on Monday, dragging down other risk and commodity currencies as worries about property developer Evergrande’s solvency spooked financial markets, while the safe-haven dollar rose Only on Friday, the yuan hit its highest level in three months at 6.4297 […]

Eli Electric Vehicles, an early stage compact EV manufacturer, announced the start of production on its flagship Eli Zero, a micro “neighborhood electric vehicle” that is built for city commuting. The company plans to roll out small batches of the two-seater EV to distributors across 13 European countries over the next few months with a […]

Founders like to create companies around what they know, and Frank Westermann and Anton Kittelberger know diabetes. They met and bonded over both having type 1 diabetes — Westermann was diagnosed over 25 years ago — and started the MySugr app for diabetes self-management in 2012 (they won a TC pitch-off back in 2011). Four […]

Facebook’s lead privacy regulator in Europe has raised concerns about a pair of ‘smart’ Ray-Ban sunglasses the tech giant is now selling. The glasses include a face-mounted camera which can be used to take pictures and short videos with a verbal cue. Ireland’s Data Protection Commission (DPC) said Friday that it’s asked the tech giant […]