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September 13, 2021 NEW YORK (Reuters) – Former Brazilian central bank chief Ilan Goldfajn will become the head of the International Monetary Fund’s Western Hemisphere department starting next year, the IMF’s director announced on Monday. “I am delighted that Ilan will join our team as the new (Western Hemisphere) Director,” Kristalina Georgieva, the IMF’s managing […]

Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed a $55 million Series B. Oculii and GM have already been […]

Fredrik Nilsson Contributor Share on Twitter Fredrik Nilsson is the vice president of the Americas for Axis Communications, overseeing the company’s operations in North and South America and serving on the global management team. When Axis Communications released the first internet protocol (IP) camera after the 1996 Olympic games in Atlanta, there was some initial […]

September 13, 2021 By Sujata Rao and Elizabeth Dilts Marshall NEW YORK (Reuters) – World stock markets edged lower on Monday on inflation worries, as well as tax and regulatory pressures on the world’s biggest companies. Leading Democrats in the U.S. House of Representatives said on Monday they are seeking to raise the tax rate […]

September 13, 2021 By Sruthi Shankar (Reuters) -European stocks rose on Monday, with oil, banks and utility shares driving gains as investors hoped that a strong euro zone economic recovery would outweigh risks from a global slowdown. The pan-European STOXX 600 index was up 0.4% after hitting a three-week low last week. Asian stocks, however, […]

September 13, 2021 WASHINGTON (Reuters) – President Joe Biden is set to nominate a Georgetown law professor and privacy advocate to serve on the Federal Trade Commision, three sources briefed on the matter told Reuters. Alvaro Bedoya, the founding director of the Center on Privacy & Technology at Georgetown Law, is also a former chief […]

September 13, 2021 NEW YORK (Reuters) – British teenager Emma Raducanu, who stunned the tennis world with her improbable U.S. Open success, said on Monday during a whirlwind media tour that her accomplishment not only took her by surprise but also satisfied her hard-to-please parents. The 18-year-old beat Canada’s Leylah Fernandez, 19, on Saturday to […]

September 13, 2021 WASHINGTON (Reuters) – Democrats in the U.S. House of Representatives on Monday said they were continuing to work on legislation that would “undo” a cap on state and local tax deductions imposed by Republicans’ 2017 tax reform law. “We are committed to enacting a law that will include meaningful SALT relief that […]

Fortnite maker Epic Games is appealing last week’s ruling in its court battle with Apple, where a federal judge said Apple would no longer be allowed to block developers from adding links to alternative payment mechanisms, but stopped short of dubbing Apple a monopolist. The latter would have allowed Epic Games to argue for alternative […]

September 13, 2021 By Maha El Dahan BEIRUT (Reuters) -Lebanon’s new Prime Minister Najib Mikati, who took office last week promising to revive IMF talks to unlock aid, said on Monday there was no time to lose and no easy path to tackle one of history’s worst economic meltdowns. The new government, formed after more […]

September 13, 2021 THE HAGUE (Reuters) – The Special Tribunal for Lebanon said on Monday it has secured enough funding to hear the appeal of its main case, centering on the 2005 assassination of Prime Minister Rafik Hariri, which will start Oct. 4. Three months ago the United Nations-backed international tribunal, located near The Hague, […]

BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum. Boston-based BitSight says the investment from Moody’s, which has long warned that cyber risk can impact credit ratings, will […]

September 13, 2021 By Tanja Daube and Alexander Ratz BERLIN (Reuters) – Germany’s Free Democrats, potential kingmakers in coalition talks after a Sept. 26 election, want to boost investment, their leader told Reuters on Monday, lowering the hurdles to a three-way coalition with the centre-left Social Democrats and Greens. FDP leader Christian Lindner said his […]

September 13, 2021 (Corrects name of military base to Adazi, not Ainazi) ADAZI MILITARY BASE, Latvia (Reuters) – The Lithuanian government said on Monday work would start this month on the first section of fence along the Belarus border aimed at keeping out migrants, a 110 km (70 miles) stretch topped with razor wire that […]

September 13, 2021 By Hyonhee Shin and Josh Smith SEOUL (Reuters) -North Korea carried out successful tests of a new long-range cruise missile over the weekend, state media said on Monday, seen by analysts as possibly the country’s first such weapon with a nuclear capability. The missiles are “a strategic weapon of great significance” and […]

September 13, 2021 MOSCOW (Reuters) – Some Russian mobile users were unable to download updates from the AppStore on Monday and Apple reported an outage, as the authorities sought to block a banned tactical voting app ahead of parliamentary elections this week. The Kremlin is cracking down on online resources linked to jailed opposition politician […]

September 13, 2021 (This Sep.3 story corrects the name to Acuity Knowledge Partners from Acute Knowledge Partners in the eighth paragraph) By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market firms have flocked to bond markets to cash in on low interest rates and have raised a record amount of money to fund expansion […]

September 13, 2021 WASHINGTON (Reuters) – The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems. Congress earlier this year created a $3 billion aviation manufacturing payroll subsidy program that will cover up to half of eligible companies’ compensation costs for as […]

September 13, 2021 By Jody Godoy and Chris Prentice WASHINGTON (Reuters) -The Office of the Comptroller of the Currency (OCC), a top U.S. banking regulator, kicked off its civil trial on Monday of three former Wells Fargo & Co executives over their alleged roles in a scandal involving phony accounts at the San Francisco lender. […]

Two major private tech companies announced IPO price ranges this morning, with Toast targeting a market value of nearly $18 billion at the top end of its range and Freshworks looking to price its equity between $28 and $32 per share. TechCrunch calculates that the company would be worth around $8.9 billion at $32 per […]