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NatWest chair sees digital pound piloted within five years

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Huw Jones LONDON (Reuters) -Britain will be piloting a digital version of the pound within a few years to cut the cost of money transfers, NatWest bank chairman Howard Davies said on Tuesday. Central banks across the world as studying whether to launch a central bank digital currency (CBDC), a digital […]

Filed Under: News

Bombardier launches upscale Challenger 3500 in battle for mid-sized private jets

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Allison Lampert MONTREAL (Reuters) – Bombardier on Tuesday unveiled an upscale variant of its strong-selling Challenger 350 business jet, as the planemaker vies to protect its dominant market share and capitalize on higher demand for private flying during the pandemic. The refreshed variant, named Challenger 3500, seats up to 10 passengers […]

Filed Under: News

Canadian Amazon facility files for union vote -union

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Moira Warburton (Reuters) – Workers at an Amazon facility in the Canadian province of Alberta have filed a request with the provincial labor board to carry out a union vote, a major labor union said on Tuesday. Teamsters Local Union 362 filed for a vote on union representation at an Amazon […]

Filed Under: News

The Disrupt Desk will help you catch everything you missed at Disrupt 2021

September 14, 2021 by David Barret Leave a Comment

This year at TechCrunch Disrupt (happening just next week), there is more to explore than ever before. From the scores of Startup Alley companies to the Startup Battlefield presentations to the Disrupt Stage, Extra Crunch Stage and beyond. We’ll hear from big name VCs like Chamath Palihapatiya, a16z’s Katie Haun, GC’s Niko Bonatsos, Forerunner’s Kirsten […]

Filed Under: News

White House welcomes inflation data, still concerned about U.S. housing prices

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Andrea Shalal WASHINGTON (Reuters) – The Biden administration on Tuesday welcomed data showing that consumer prices increased at their slowest pace in six months in August as evidence that inflation would be transitory, citing a drop in auto prices and a deceleration in food price increases. “The story from today’s data […]

Filed Under: News

Blinken appeals to senators to move nominees stalled over Nord Stream 2 pipeline

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken appealed to the Senate on Tuesday to quickly confirm President Joe Biden’s nominees for national security-related positions, citing the ever-present risk of attacks. “It is essential that we accelerate the process for national security appointments since a catastrophic attack could occur with little […]

Filed Under: News

U.S. SEC chief takes broad aim at financial industry in Senate hearing

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Katanga Johnson WASHINGTON (Reuters) – U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler took aim at the gamut of financial sectors, from the treasury and equity markets to digital assets, as he mapped out https://ift.tt/2VDwWFo his ambitious agenda before the Senate Banking Committee on Tuesday. As head of the country’s […]

Filed Under: News

Warren says Fed must break up ‘repeat offender’ Wells Fargo

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Pete Schroeder WASHINGTON (Reuters) -U.S. Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo & Co, arguing the latest fine against the bank shows it to be an “irredeemable repeat offender.” In a letter sent to the Fed, Warren urged the central bank to revoke […]

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Pope calls out prejudice as he meets Roma in Slovakia

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Robert Muller KOSICE, Slovakia (Reuters) – Pope Francis on Tuesday condemned prejudice and discrimination against Europe’s Roma people during a visit to one of the most impoverished communities in Slovakia, saying it was wrong to pigeonhole entire ethnic groups. Francis, 84, arrived at the bleak Lunik IX settlement on the outskirts […]

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Malaysia holiday hotspot readies for reopening with tourism bubble

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Ebrahim Harris LANGKAWI, Malaysia (Reuters) – Businesses at Malaysia’s prime holiday destination are gearing up to welcome the return of tourists this week, as the country takes an early step towards recovery from a devastating coronavirus crisis. Langkawi, a cluster of 99 islands in the Straits of Malacca, will reopen from […]

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Thousands protest against Taliban in Kandahar over evictions

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 (Reuters) – Thousands of Afghans protested against the Taliban in the southern city of Kandahar on Tuesday, according to a former government official and local television footage, after residents were asked to vacate a residential army colony. Protesters gathered in front of the governor’s house in Kandahar after around 3,000 families were […]

Filed Under: News

LinkedIn is launching its own $25M fund and incubator for creators

September 14, 2021 by David Barret Leave a Comment

When LinkedIn first launched Stories format, and later expanded its tools for creators earlier this year, one noticeable detail was that the Microsoft-owned network for professionals hadn’t built any kind of obvious monetization into the program — noticeable, given that creators earn a living on other platforms like Instagram, YouTube and TikTok, and those apps had […]

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Tonal adds live classes to its strength training workouts

September 14, 2021 by David Barret Leave a Comment

Wall-mounted fitness startup Tonal this morning announced that it’s bringing live courses to it portfolio of strength training workouts. The company did a soft launch of the live offering back in December of last year, though at the time, it wasn’t live, so much as prerecorded — “live, on tape,” to steal a line from […]

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JB Straubel’s Redwood Materials is expanding into the battery materials business

September 14, 2021 by David Barret Leave a Comment

Redwood Materials, the company started by former Tesla co-founder JB Straubel that aims to create a circular supply chain for batteries, is expanding its business. While it has been known primarily as a recycling firm, Redwood plans to simplify the supply chain by producing critical battery materials right here in the U.S. To get there, […]

Filed Under: News

Analysis-China’s house of cards: Evergrande threatens wider real estate market

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Tom Westbrook and Andrew Galbraith SINGAPORE/SHANGHAI (Reuters) – China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country’s top-selling property developer. Founded in Guangzhou in 1996, Evergrande has epitomised China’s freewheeling […]

Filed Under: News

Senate panel may subpoena U.S. Defense Secretary Austin to testify on Afghanistan -Menendez

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 WASHINGTON (Reuters) – The chairman of the Senate Foreign Relations Committee, Bob Menendez, said on Tuesday he was disappointed U.S. Defense Secretary Lloyd Austin did not agree to testify at a committee hearing on Afghanistan and he may subpoena him and others to do so. (Reporting by Doina Chiacu; Editing by Franklin […]

Filed Under: News

Amazon partners with AXS to install Amazon One palm readers at entertainment venues

September 14, 2021 by David Barret Leave a Comment

Amazon’s biometric scanner for retail, the Amazon One palm reader, is expanding beyond the e-commerce giant’s own stores. The company announced today it has acquired its initial third-party customer with ticketing company AXS, which will implement the Amazon One system at Denver, Colorado’s Red Rocks Amphitheatre as an option for contactless entry for event-goers. This […]

Filed Under: News

Factbox – Germany’s election and energy/climate policy

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 BERLIN (Reuters) – Tackling climate change while guaranteeing reliable and affordable energy for Europe’s biggest economy is one of the top issues in Germany’s federal election on Sept. 26. All the mainstream parties agree emissions reduction targets are needed, but they are at odds on how to achieve them and how ambitious […]

Filed Under: News

Tennis – Raducanu’s toughest challenge is coping with the fame game

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 By Sudipto Ganguly (Reuters) – Emma Raducanu has spent her time hopping from one media interview to another since her fairytale U.S. Open triumph and how she deals with her new-found fame could be as important as her tennis skills for her long-term success. The 18-year-old Briton stunned the world with her […]

Filed Under: News

China develops machines that can track data sent abroad by cars

September 14, 2021 by David Barret Leave a Comment

September 14, 2021 SHANGHAI (Reuters) -China, the world’s biggest vehicle market where regulators are implementing new rules on data protection, is developing machines that will be able to track data sent abroad by cars, a government-backed agency said on Tuesday. Cars are being fitted with an ever-increasing array of sensors and cameras to assist drivers. […]

Filed Under: News

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