September 9, 2021 (Reuters) – Chinese electric vehicle maker Nio Inc may delay its planned Hong Kong listing to next year, Bloomberg News reported on Thursday, citing people familiar with the matter. The U.S.-traded company has received queries from the Hong Kong stock exchange about aspects of its structure, including a user trust set up […]
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Fed officials say tapering could still get started this year
September 9, 2021 By Jonnelle Marte (Reuters) – Several Federal Reserve policymakers on Wednesday signaled that the U.S. central bank remains on track to trimming its massive asset purchases this year, despite the slowdown in jobs growth seen in August and the impact of the recent COVID-19 resurgence. “The big picture is that the taper […]
Wildfire in Southern Spain forces 500 to flee
September 9, 2021 ESTEPONA, Spain (Reuters) – A wildfire has forced the evacuation of some 500 people from the southern Spanish resort of Estepona, local authorities said on Thursday. The blaze started on Wednesday around 9:30 p.m., according to the emergency services, who received 140 calls. About 250 firefighters are operating to extinguish the fire, […]
Afghan journalists beaten in Taliban detention, editor says
September 9, 2021 (Reuters) – Two Afghan journalists were beaten in police custody this week after covering a protest by women in Kabul where they were detained by the Taliban, their editor said. Zaki Daryabi, founder and editor-in-chief of the Etilaat Roz newspaper, shared images on social media of two male reporters, one with large, […]
Former French Health Minister Buzyn summoned by judges – Le Monde
September 9, 2021 PARIS (Reuters) – Former French Health Minister Agnes Buzyn was summoned to appear before judges on Friday to face questions over whether her response to the coronavirus pandemic was inadequate, newspaper Le Monde reported. The judges of the Cour de Justice de La Republique, a special court that deals with complaints against […]
Qatari official says Kabul airport 90% operational, expects gradual reopening
September 9, 2021 DUBAI (Reuters) – Afghanistan’s Kabul Airport is about 90% ready for operations but its re-opening is planned gradually, a Qatari official said, speaking on the tarmac on Thursday. Reopening the airport, a vital lifeline with both the outside world and across Afghanistan’s mountainous territory has been a high priority for the Taliban […]
Soccer-Ronaldo set for Old Trafford homecoming party
September 9, 2021 By Martyn Herman LONDON (Reuters) – As the Premier League resumes following the international break all eyes will be on Cristiano Ronaldo’s homecoming party at Old Trafford on Saturday, with the Portuguese international set to resume his Manchester United career after 12 years away. The 36-year-old re-joined United from Juventus on a […]
Soccer-Long to miss Southampton clash with West Ham after COVID test
September 9, 2021 LONDON (Reuters) – Southampton will be without striker Shane Long for their home Premier League game with West Ham United after he tested positive for COVID-19, manager Ralph Hasenhuettl confirmed on Thursday. Hasenhuettl, like his fellow top-flight managers, says the international breaks are complicated with players travelling back from far flung destinations. […]
Cricket-South Africa pick three spinners but no Malan for T20 World Cup
September 9, 2021 (adds dropped word ‘one’ in fourth para) JOHANNESBURG (Reuters) – South Africa have named three front-line spinners in their squad for the Twenty20 World Cup in the United Arab Emirates and Oman but left out opening batsman Janneman Malan. The side will be led by Temba Bavuma, who is currently injured but […]
Europe’s video gaming stocks drop after new China suspension scare
September 9, 2021 By Danilo Masoni MILAN (Reuters) -Europe’s video game stocks fell on Thursday and U.S. peers looked set to follow after a reported suspension of approvals for new online games in China, the world’s biggest gaming market. People with knowledge of the matter told the South China Morning Post that Beijing had temporarily […]
Blackstone hires executives for fast-growing credit business
September 9, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) – Blackstone Inc said it hired two Wall Street veterans as partners and promoted another executive to work in its Blackstone Credit unit as fresh demand from institutional and retail investors made it the private equity firm’s fastest-growing segment. Carlos Whitaker, a Credit Suisse executive, and Chris […]
Wizz Air in talks over large Airbus jet order -sources
September 9, 2021 PARIS (Reuters) -Hungary’s Wizz Air is in negotiations with European planemaker Airbus over the purchase of at least 100 more narrowbody jets, industry sources said on Thursday. Talks began several months ago and surfaced as Wizz Air emerged as a suitor for rival easyJet and as Europe’s largest budget carrier, Ryanair, remained […]
New York extends post-Brexit gains in euro swaps trading
September 9, 2021 By Huw Jones LONDON (Reuters) – New York has increased its market share in trading euro interest rate swaps at London’s expense, data group OSTTRA said on Thursday, in the latest sign of how global financial markets are being permanently fragmented by Brexit. Trading in euro rate swaps began leaving London for […]
Scalapay raises $155M at a $700M valuation as buy-now, pay-later services continue to boom
Scalapay, a buy-now, pay-later (BNPL) technology provider that has made significant headway with retailers and consumers in Europe and in categories like fashion, has closed a round of funding that it will be using to fuel its expansion ambitions. The startup has raised $155 million at a $700 million valuation. Tiger Global is leading this […]
Inflationary pressures force Lebanese to make tough choices
September 9, 2021 By Maha El Dahan and Alaa Kanaan BEIRUT (Reuters) – Ibrahim Jaber was laid off when the fast food restaurant where he worked as a chef in Beirut shut down. Unable to find another job, he had to take his daughter out of school to put food on the table at home. […]
Fertility tracking app Flo closes $50M Series B
Flo, a fertility focused period-tracking app, has closed a $50 million Series B funding round which it says values the company at $800M — underlining how much value investors are now attaching to women’s health tech. The 2016-founded startup raised a $1M seed in its first year and has gone on to raise a total […]
Teatis, low-sugar superfood powders developer for diabetics, closes seed round
A serial entrepreneur Hiroshi Takatoh recognized the need for convenient and nutritious food for critically ill consumers after losing his late wife to cancer. Takatoh founded Teatis, a plant-based sugar blocking superfood powder for diabetic consumers, in 2017 in stealth mode and went fully operational in April 2021 by teaming up with a group of […]
Fin names former Twilio exec Evan Cummack as CEO, raises $20M
Work insights platform Fin raised $20 million in Series A funding and brought in Evan Cummack, a former Twilio executive, as its new chief executive officer. The San Francisco-based company captures employee workflow data from across applications and turns it into productivity insights to improve the way enterprise teams work and remain engaged. Fin was […]
CookUnity whips up nationwide expansion following $47M round
Chef-prepared, small-batch meal delivery startup CookUnity is undergoing a major expansion after closing a $47 million Series B round. Insight Partners led the round and was joined by Endeavor Capital and current investors IDCV, Fuel Ventures and Gaingels. The latest funding comes eight months after New York-based CookUnity closed a $15.5 million Series A round […]
Nuula raises $120M to build out a financial services ‘superapp’ aimed at SMBs
A Canadian startup called Nuula that is aiming to build a superapp to provide a range of financial services to small and medium businesses has closed $120 million of funding, money that it will use to fuel the launch of its app and first product, a line of credit for its users. The money is […]