News

September 14, 2021 (Reuters) -Cash-strapped developer China Evergrande Group said on Tuesday a significant drop in its property sales would continue this month due to concerns over its debt, which is likely to further deteriorate its liquidity and cash flow. The group is engaged in discussions with potential investors to sell some of its assets, […]

September 14, 2021 By Rocky Swift TOKYO (Reuters) – Takeda Pharmaceutical Co, which distributes Moderna Inc’s COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said. Takeda, Japan’s biggest drugmaker and among the top 10 globally after […]

September 14, 2021 By Mindy Burrows LONDON (Reuters) – Stars and cast members walked the pink carpet in London on Monday for the premiere of the film adaptation of the musical “Everybody’s Talking About Jamie.”     The musical is based on the true story of Jamie Campbell, a 16-year-old boy from the small British […]

September 14, 2021 TOKYO (Reuters) – Shigeru Ishiba, a top politician in Japan’s ruling party, has firmed up his intention not to stand in the race to replace the prime minister and is considering supporting Taro Kono, a Japanese daily reported on Tuesday. The move could increase Kono’s chances of taking over from prime minister […]

September 14, 2021 By Anshuman Daga SINGAPORE (Reuters) -Singapore’s DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital tokens gain acceptability. In an interview, DBS’s senior executives said DBS Digital Exchange, […]

September 14, 2021 By Benjamin Kellerman NEW YORK (Reuters) – Actor Timothee Chalamet, singer Billie Eilish and rapper Lil Nas X kicked off a sparkling, youth-inspired Met Gala red carpet on Monday celebrating the best of American fashion. “Dune” star Chalamet, one of the four Gen Z co-chairs of the so-called Oscars of the East […]

September 13, 2021 By Patricia Zengerle and Humeyra Pamuk WASHINGTON (Reuters) -Secretary of State Antony Blinken beat back criticism of the withdrawal of U.S. troops from Afghanistan on Monday at a contentious congressional hearing where at least two Republicans called on him to resign. In five hours of often testy exchanges with lawmakers, Blinken defended […]

September 13, 2021 LONDON (Reuters) – Andy Murray has described Emma Raducanu’s U.S. Open title as “very special” after she became the first British woman to win a Grand Slam singles title for 44 years on Saturday. Nine years after Murray won the first of his three Grand Slam titles at the U.S. Open, 18-year-old […]

September 13, 2021 By Andrew Galbraith SHANGHAI (Reuters) – China Evergrande Group’s struggles to quickly sell off assets and avert defaulting on its 1.97 trillion yuan ($305.3 billion) in liabilities is raising the risk of contagion for other privately-owned developers, fund managers and analysts say. Worries over the country’s No.2 property developer’s ability to make […]

September 13, 2021 WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and South Korean Trade Minister Yeo Han-koo, in a meeting on Monday, emphasized the importance of working together to strengthen supply chains, including for semiconductors, the office of the USTR said in a statement. (Reporting by Eric Beech; Editing by Mohammad Zargham) Source Link […]

September 13, 2021 WASHINGTON (Reuters) – The U.S. Capitol Police on Monday said in a statement it has approved plan to erect temporary fencing around the U.S. Capitol ahead of a Sept. 18 rally by supporters of the hundreds of people charged in connection with the deadly Jan. 6 riot. (Reporting by Jan Wolfe; Editing […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. We are back! From this morning, I suppose. But the news cycle doesn’t wait for our publishing schedule, so the Equity crew got together to yammer all about the Intuit-Mailchimp acquisition. A $12 billion deal comprised of stock […]

September 13, 2021 By Steve Holland SACRAMENTO, Calif. (Reuters) – President Joe Biden traveled to California on Monday to campaign with Governor Gavin Newsom on the eve of a Republican-backed recall race that Democrats have cast as an attempted power grab by acolytes of former President Donald Trump. Biden planned to make an evening appearance […]

September 13, 2021 By Emma Farge and Michelle Nichols GENEVA/NEW YORK (Reuters) -Donors have pledged more than $1.1 billion to help Afghanistan, where poverty and hunger have spiralled since the Islamist Taliban took power, and foreign aid has dried up, raising the spectre of a mass exodus. U.N. Secretary-General Antonio Guterres, speaking halfway through a […]

September 13, 2021 By William James LONDON (Reuters) – British firms must do more to take advantage of new export routes opened up by Brexit, trade minister Liz Truss will say on Tuesday, calling for a shift from “defence to offence in trade” to help drive economic growth. Truss will point to government research showing […]

September 13, 2021 By Anushka Trivedi (Reuters) – Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street’s SALT conference said on Monday. Kevin O’Leary, who recently invested in a crypto aggregating platform WonderFi, called for leaders […]

September 13, 2021 By Liz Hampton and Marianna Parraga (Reuters) -Evacuations were underway on Monday from offshore U.S. Gulf of Mexico oil platforms as onshore oil refiners began preparing for hurricane-force winds from a second Gulf Coast storm in as many weeks. Tropical Storm Nicholas was taking aim at the Texas coast with 70 miles […]

September 13, 2021 SINGAPORE (Reuters) – Grab, Southeast Asia’s biggest ride hailing-to-food delivery group, lowered its full-year forecasts on Tuesday, citing renewed uncertainty over pandemic-related movement restrictions despite encouraging vaccination rates in the region. Singapore-based Grab also said in a statement that it was making progress on its record merger deal https://ift.tt/3A99Nd9 agreed with U.S. […]

September 13, 2021 WASHINGTON (Reuters) – President Joe Biden will travel to New York on Sept. 21 and deliver remarks at the 76th U.N. General assembly, the White House said on Monday. The meeting of world leaders is shaping up to be a hybrid event of in-person speeches and video statements as global vaccination rates […]

Hello and welcome back to Daily Crunch for September 13, 2021. This is Alex and I am back! A big thanks to Greg for taking over last week while I was on staycation. It is lovely to be back with you all. Before we dive into the news, a reminder that Disrupt is next week. […]