News

September 14, 2021 By Arathy S Nair (Reuters) – U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging, executives and analysts said. This would mean an increase in spending which could unsettle investors […]

September 14, 2021 WASHINGTON (Reuters) – Three former U.S. presidents – Republican George W. Bush and Democrats Bill Clinton and Barack Obama – have banded together behind a new group aimed at supporting refugees from Afghanistan settling in the United States following the recent American withdrawal. The former U.S. leaders and their wives will serve […]

September 14, 2021 (Reuters) – Emma Raducanu’s scintillating run to the U.S. Open title earned her millions of new fans worldwide and among them was Liverpool manager Juergen Klopp, who was captivated by the final and said he would now keep a closer eye on women’s tennis. Raducanu, 18, stunned the sporting world when she […]

September 14, 2021 BRUSSELS (Reuters) – The European Union has no option but to talk to Afghanistan’s new Taliban rulers and Brussels will try to coordinate with member governments to organise a diplomatic presence in Kabul, the top EU diplomat said on Tuesday. “The Afghan crisis is not over,” EU foreign policy chief Josep Borrell […]

September 14, 2021 (Reuters) – Confederation of African Football (CAF) president Patrice Motsepe says discussions around hosting the World Cup every two years should continue “in an open minded manner”, providing a potential boost to FIFA’s controversial plans. Motsepe is viewed as a staunch ally of FIFA president Gianni Infantino and CAF provides a sizeable […]

Toyota Motor and Honda are urging legislators to reject a bill that would expand tax incentives for union-made electric vehicles that are built in the United States. The proposal – which Toyota blasted as “blatantly biased” and “exorbitant” in a letter to Congress – would expand the federal tax incentives from $7,500 to as much […]

It’s that time of year again. Summer is winding down, the leaves are starting to change color and Apple’s getting ready to drop a brand new iPhone on the world. Today’s big event arrives less than a year after the last big iPhone event, as Apple seems to be back on schedule, after some early […]

September 14, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks turned positive in afternoon trading on Tuesday after data showed U.S. inflation growth slowed sharply last month, allaying fears of a sooner-than-expected tapering in monetary stimulus by the Federal Reserve. The region-wide STOXX 600 index rose 0.2%, reversing declines earlier in the session […]

September 14, 2021 MONTREAL (Reuters) -Airbus is seeing mounting pressure on the aerospace supply chain and managing the problem is key to the industry’s recovery, the head of the European planemaker said on Tuesday. “We really see that the supply chain is in a much more difficult spot than it was before,” Chief Executive Guillaume […]

When you’re hot, you’re hot. And 1047 Games is making the most of the heat generated by Splitgate, its first game and a now a breakout success. After working on a shoestring for years, the team has since May raised three rounds, the latest for a massive $100M. Co-founder and CEO Ian Proulx credited a […]

Grammarly, the popular auto editing tool, announced the release of Grammarly for Developers today. The company is starting this effort with the Text Editor SDK (software development kit), which enables programmers to embed Grammarly text editing functionality into any web application. Rob Brazier, head of product and platform at Grammarly, says that the beta release […]

Millions.co, a social commerce platform geared towards professional and semi-professional athletes wanting help to monetize their fanbase by selling merch and/or on-demand video, has grabbed $10 million in funding led by Boston-based Volition Capital. The round is being loosely pegged as a Series A as the seasoned team behind Millions self-funded the first wave of […]

September 14, 2021 By Wendell Roelf CAPE TOWN (Reuters) – Efforts to develop an African base for COVID-19 vaccine production will focus on trying to replicate Moderna’s shot, but a lack of progress in talks with the U.S. company mean the project will take time, a senior WHO official told Reuters. The drive to produce […]

September 14, 2021 By Kate Lamb and Tom Allard JAKARTA (Reuters) – Indonesia plans to start opening its borders to foreigners in November once 70% of its target population have received at least one vaccine shot, its health minister said on Tuesday. In an interview with Reuters, Budi Gunadi Sadikin said he was taking cues […]

Nathan Ingraham Contributor Nathan Ingraham is the deputy managing editor at Engadget. Sonos has sold home theater products for a long time, but the company has made the living room even more of a priority in recent years. It started with the Sonos Beam, a smaller and more affordable version of the flagship Playbar soundbar. […]

Mariella Moon Contributor Mariella Moon is an associate editor at Engadget. More posts by this contributor Tesla ordered to share Autopilot data with the US traffic safety agency FAA opens probe into anomaly on Richard Branson’s Virgin Galactic spaceflight Xiaomi is challenging Facebook in the wearables arena by launching its own smart glasses. The device […]

It’s a two-Exchange Tuesday, everyone. First up, we’re talking fintech valuations. Next up, we’re digging into Atlanta. Last week’s news that PayPal intends to buy Japanese startup Paidy marked the second major acquisition of a buy now, pay later (BNPL) company this year. PayPal’s news followed an even larger deal by Square for the Australian […]

EverAfter secured $13 million in seed funding to continue developing its no-code customer-facing tool that streamlines onboarding and retention and enables business-to-business clients to embed personalized customer portals within any product. The Tel Aviv-based company was founded in 2020 by Noa Danon and Tal Shemesh. CEO Danon, who comes from a project management background, said […]

September 14, 2021 NEW YORK (Reuters) – Underlying U.S. consumer prices increased at their slowest pace in six months in August, suggesting that inflation had probably peaked, though it could remain high for a while amid persistent supply constraints. The Labor Department said on Tuesday its Consumer Price Index excluding the volatile food and energy […]

September 14, 2021 By Ben Kellerman NEW YORK (Reuters) -Red, silver and blue ruled the Metropolitan Museum of Art steps at a youth-driven Met Gala on Monday in a celebration of the best of American fashion. There were show-stopping outfits from rapper Lil Nas X, wearing a Versace suit of gold armor and supermodel Iman […]