News

September 3, 2021 By Bart H. Meijer ZANDVOORT, Netherlands (Reuters) – Ferrari drivers Charles Leclerc and Carlos Sainz led one-two at the top of the practice timesheets after a stoppage-hit opening day at the first Dutch Formula One Grand Prix in 36 years on Friday. Red Bull’s home favourite and title contender Max Verstappen, with […]

September 3, 2021 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 plans as they look beyond the coronavirus pandemic, data showed. Companies in developing nations have raised a record […]

September 3, 2021 By Andrea Shalal and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration has no plans to release billions in Afghan gold, investments and foreign currency reserves parked in the United States that it froze after the Taliban’s takeover, despite pressure from humanitarian groups and others who say the cost may be the collapse […]

September 3, 2021 SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to use an auto chip it has developed itself for one of its upcoming vehicles next year, the Seoul Economy Daily reported on Friday. Hyundai Motor, which together with affiliate Kia Corp is among the world’s top 10 biggest automakers by sales, plans […]

September 3, 2021 (Reuters) -Beijing city is considering taking Didi Global under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its largest corporations, and particularly the data it holds, Friday’s […]

September 3, 2021 By Ceyda Caglayan and Canan Sevgili ISTANBUL (Reuters) – When Britain announced Turkey would stay on its “red list” of travel destinations last week, Onur Arican decided to close his boutique hotel on the Aegean coast early this year rather than wait out a summer season derailed by COVID-19 and wildfires. In […]

September 3, 2021 By Robin Emmott BRUSSELS (Reuters) – NATO Secretary-General Jens Stoltenberg said on Friday he supported European Union plans to build a common defence policy but he warned against any rapid reaction force https://ift.tt/2WNcp1v that might duplicate allied operations. EU defence ministers are considering creating a “first entry force” of 5,000 troops, saying […]

September 3, 2021 (Corrects to show euro high of 1.1909, not 1.909) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar weakened further against a basket of major currencies on Friday after a much softer than expected U.S. payrolls report that is likely to keep the Federal Reserve on hold in scaling back its massive […]

September 3, 2021 By Howard Schneider and Trevor Hunnicutt WASHINGTON (Reuters) -The promise of a “normal” U.S. economy this summer, which kicked off with the June revival of restaurants, air travel and baseball games, is transforming into an uncertain fall of rising health and economic risks. Labor Day weekend, the traditional end of the U.S. […]

September 3, 2021 By Shashank Nayar (Reuters) -The S&P 500 and the Dow fell on Friday as a slowdown in U.S. jobs growth raised questions about the pace of the economic recovery, while the tech-heavy Nasdaq jumped as the report also calmed fears of an imminent tapering in monetary policy. Eight of the 11 S&P […]

September 3, 2021 By Marie-Louise Gumuchian (Reuters) – Tackling politics, religion, the fight for precious resources and the environment, Frank Herbert’s 1965 epic science fiction novel “Dune” is more relevant to today’s audiences, director Denis Villeneuve said on Friday as he brought his ambitious adaptation to the Venice Film Festival. An ensemble cast led by […]

Kalepa, an insurance underwriting platform based out of New York, has raised a $14 million Series A funding round led by Inspired Capital, with participation from previous investor IA Ventures. Also participating was Gokul Rajaram of Doordash, Coinbase, and formerly of Google, Jackie Reses, formerly of Square, and Henry Ward of Carta. Founded by Paul […]

September 3, 2021 TUNIS (Reuters) – Tunisia’s powerful labour union on Friday called on the president to propose changes to the political system and put them to a referendum after his seizure of governing powers in July in a move critics called a coup. The UGTT union, which has so far backed President Kais Saied […]

September 3, 2021 (Reuters) – Taliban co-founder Mullah Abdul Ghani Baradar will lead a new Afghan government set to be announced soon, sources in the group said on Friday, as its fighters battled forces loyal to the vanquished republic in the Panjshir Valley north of Kabul. But the new government’s most immediate priority may be […]

Allen Miller Contributor Share on Twitter Allen Miller is a principal at Oak HC/FT based in San Francisco. He invests in early- and growth-stage companies, with a particular focus on fintech. More posts by this contributor The last decade in real estate, and a peek into the next one 2019 looks to continue another lights-out […]

Back in July, YASA (formerly Yokeless And Segmented Armature), a British electric motor startup with a revolutionary ‘axial-flux’ motor, was acquired by Mercedes-Benz. The acquisition didn’t exactly garner enormous press attention, as scant other details were announced. But YASA is likely to be an entity worth watching. Founded in 2009 after being spun out of […]

September 3, 2021 By Simon Evans MANCHESTER, England (Reuters) – England’s Women’s Super League (WSL) kicks off its new season this weekend and, with a major new broadcast deal and a host of international players, there are a series of new sponsorships as brands look to get in on the growth of the women’s game. […]

September 3, 2021 (Corrects surname of director in second paragraph) By Silvia Aloisi VENICE, Italy (Reuters) -U.S. actress Kristen Stewart’s interpretation of Princess Diana in “Spencer” got a warm reception at the Venice Film Festival, where it premieres on Friday, with some critics already tipping her as a likely Oscar contender. Chilean director Pablo Larrain […]

September 3, 2021 By Angela Moore (Reuters) – One of the most important tasks Alice Greenwald has as president and CEO of the 9/11 Memorial and Museum is to educate and inspire a younger generation and make sure the heroism and sacrifices made that day in 2001 are never forgotten. “If you think about 20 […]

Instagram made headlines (including this one) when product head Adam Mosseri said in June that the app is “no longer just a square photo-sharing app,” since it’s pivoting its focus to shopping and video. But where does that leave photographers who want a social photo-sharing experience? According to Tom Watson, a former product designer at […]