News

Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in the South Asian market. Falcon Edge Capital and SoftBank Vision Fund 2 co-led the financing […]

September 30, 2021 By Borja Suarez and Marco Trujillo LA PALMA, Spain (Reuters) – Lava from the Cumbre Vieja volcano on Spain’s La Palma poured into the Atlantic Ocean for the second day on Thursday, creating a rocky outcrop more than 500 metres wide that extends the island’s coastline further to the west. Vicente Soler, […]

September 30, 2021 By Thomas Escritt BERLIN (Reuters) -A 96-year-old German woman fled ahead of the opening on Thursday of her trial on charges of aiding and abetting mass murder in a Nazi concentration camp during World War Two, a court spokesperson said. Irmgard Furchner is accused of having contributed as an 18-year-old to the […]

September 30, 2021 JERUSALEM (Reuters) -Israeli forces killed a Palestinian gunman in the occupied West Bank on Thursday and a Palestinian woman who tried to stab officers in Jerusalem’s Old City, Israeli police said. Hours later, in the Gaza Strip, Israeli soldiers fired towards a Palestinian, one of three people who raised suspicions by approaching […]

September 30, 2021 By Robin Emmott BRUSSELS (Reuters) – Kosovo agreed on Thursday to withdraw police units from its northern border with Serbia to end a mounting dispute over vehicle licence plates that briefly escalated into violence and prompted NATO to step up its patrols. The accord negotiated in Brussels calms the latest flare-up in […]

September 30, 2021 By Michaela Cabrera PARIS (Reuters) – French court artist Elisabeth de Pourquery stared intently into the eyes of the self-avowed Islamic State militant and fixed an image she would capture for posterity. Separated by a glass screen, she sat just a few feet from Salah Abdeslam, suspected of being the lone surviving […]

September 30, 2021 BELGRADE (Reuters) – The European Commission moved on Thursday to reassure Serbia of its future European Union membership after an internal document in Brussels showed that EU states could no longer agree to guarantee six Balkan countries a place in the bloc. Ahead of a Balkan-EU summit on Oct. 6 in Slovenia, […]

September 30, 2021 By Stanley Widianto and Ajeng Ulfiana JAKARTA (Reuters) – Dozens of employees controversially removed from Indonesia’s anti-graft agency will appeal their dismissal, staff members said on Thursday, fighting what they saw as a move to weaken a body that prosecuted hundreds of politicians and businessmen. Fifty-seven KPK staff were fired after being […]

OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion. Tiger Global led the six year-old startup’s $207 million Series F round, and SoftBank and Alpha Wave participated in it, OfBusiness said. The new investment comes just two months […]

No one knows exactly how drone delivery will fit into the future of logistics, but one thing is for sure: the aircraft aren’t going to drop off important payloads directly onto someone’s lawn. Matternet’s Station, an automated landing space and payload control tower, may be the solution, and the flower-like structure has finally made the […]

Found, a startup focused on weight care management, is emerging from stealth today with $32 million in total funding and the news that it has appointed former Bumble COO Sarah Jones Simmer as its new chief executive. Austin-based Found was incubated at Atomic, a San Francisco-based venture studio in the spring of 2020. Earlier this […]

Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. There is also an expensive cost issue when it comes to transmitting the stored data. To solve the problems […]

Spudsy, a brand that upcycles imperfect sweet potatoes and turns them into plant-based snacks, announced Thursday that it raised $3.3 million in Series A funding in a round led by KarpReilly and Stage 1 Fund. With the new funding, the company has raised a total of $6.5 million since the company was founded three years […]

September 30, 2021 (Reuters) – A man who racially abused West Bromwich Albion midfielder Romaine Sawyers online received an eight-week prison sentence on Thursday. Simon Silwood, 50, targeted Sawyers after West Bromwich lost 5-0 to Manchester City in an English Premier League match in January. Birmingham Magistrates Court found him guilty of having posted a […]

September 30, 2021 By Jonnelle Marte and Michelle Price (Reuters) – The U.S. Federal Reserve board will soon issue a hotly-awaited report exploring the potential adoption of a digital dollar, but with its governors and other policymakers divided on the issue – and with so much at stake for the financial industry – the central […]

September 30, 2021 By Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) – Eduardo David Rodriguez takes bags of fruit and vegetables to sell in a fresh produce market in Buenos Aires twice a week to make ends meet for his family. They barely do. Rodriguez, like over four in ten Argentines, lives below […]

September 30, 2021 (Reuters) – Merck & Co will buy drugmaker Acceleron Pharma Inc for about $11.5 billion, the companies said on Thursday, as the U.S. pharmaceutical giant looks to beef up its portfolio with drugs for rare diseases. (Reporting by Mrinalika Roy in Bengaluru; Editing by Vinay Dwivedi and Sriraj kalluvila) Source Link Merck […]

September 30, 2021 (Reuters) – The two Belarus team officials who cut short sprinter Krystsina Tsimanouskaya’s Tokyo Olympics will be investigated by the sport’s Athletics Integrity Unit (AIU) after World Athletics said Thursday it had opened formal proceedings against the pair. Tsimanouskaya was ordered to fly home after criticising coaches for entering her in the […]

September 30, 2021 TOKYO (Reuters) -Mizuho Financial Group’s main banking arm said on Thursday a system glitch has been delaying some foreign exchange transactions, just a week after it was slapped with a regulatory punishment over system troubles earlier in the year. Japan’s third-largest lender has experienced a series of technical problems despite a $3.6 […]

September 30, 2021 (Reuters) – The Tour Down Under in Australia, which was scheduled to take place in January, has been cancelled for a second straight year because of the COVID-19 pandemic, organisers said on Thursday. Traditionally the first World Tour race of the season, the event was set to include the men’s UCI WorldTour […]