News

September 9, 2021 (Reuters) -Alphabet Inc’s Google is facing a renewed EU antitrust investigation into whether it may have forced device manufacturers to use Google Assistant as the default voice assistant on Android devices, an MLex reporter tweeted https://twitter.com/MrSamWilkin/status/1435900528844750852?s=20 on Thursday. The latest investigation comes amid concerns of potential anti-competitive practices in the race for […]

September 9, 2021 MOSCOW (Reuters) – A cyber attack on Russian tech giant Yandex’s servers in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which hackers try to flood a network with unusually high volumes of data […]

September 9, 2021 (Corrects to say “sales”, not “profit”, in paragraph 2) (Reuters) – Video game retailer GameStop Corp tumbled 8% in early trading on Thursday as the company’s silence on its turnaround plan left its army of small-time investors questioning the meteoric rise in its share price this year. Although the company posted a […]

September 9, 2021 By Huw Jones LONDON (Reuters) -Britain’s financial regulators said on Thursday that trade finance firms must do more to identify potentially suspicious activities by undertaking additional risk assessments. During the past 18 months there have been several high-profile failures of commodity and trade finance firms with significant losses, the Bank of England […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]