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September 29, 2021 SAO PAULO (Reuters) – Vale has successfully rescued all 39 of its employees who were trapped in its Totten copper, nickel and precious metals mine in Sudbury, Ontario, Canada, the Brazilian miner said on Wednesday. All workers are in good health, Vale said. They were trapped on Sunday when a vehicle transporting […]

Energize Ventures, an early and growth-stage venture fund, has announced the closing of its second fund with total capital commitments of $330 million. Fund II will be used to help scale and commercialize software across renewable energy, mobility, cybersecurity, battery storage, critical infrastructure and climate resiliency. The fund, which is worth exactly double what Energize […]

Stock options can hold a lot of potential reward for employees when their company is doing well, but not every person will have the funds to fully exercise — that is, buy up — the options they have available to them. Enter EquityBee, a marketplace for employees to connect with capital from a network of […]

Joyned, formerly known as Gamitee, announced Wednesday that it raised $4 million in seed funding to continue developing its e-commerce platform that puts merchants in the driver’s seat of social engagement. CEO Jonathan Abraham explained that Gamitee means “joined” in Hebrew, but the Jerusalem-based SaaS company decided to spell it “joy” because it aims to […]

European Union lawmakers are consulting on how to regulate the short term rental market across the bloc — asking whether a single set of pan-EU rules or something more locally flavored is needed to rule over platforms like Airbnb. The Commission says it wants to support an expansion of competition and players in the sector […]

As internet creators and influencers grow their followings, it’s not always intuitive what the best way to monetize might be. For some creators, they might find a path to monetization through subscriber-only content and branded posts, but for those with a great idea and an entrepreneurial streak, they might leverage their appeal to launch a […]

September 29, 2021 (Reuters) – Chief Executive Wasim Khan has become the third high-profile official to resign from the Pakistan Cricket Board (PCB) following the appointment of former captain Ramiz Raja as the new chairman of the organisation. Confirming Khan’s resignation in a brief statement, the PCB said its board of governors will meet to […]

September 29, 2021 BRUSSELS (Reuters) – Euro zone economic sentiment edged higher in September after a fall in August, boosted by optimism among consumers and in the industry and construction sectors, while inflation expectations continued to rise among manufacturers and consumers alike. The European Commission’s economic sentiment indicator rose to 117.8 in September, from 117.6 […]

September 29, 2021 By Tom Daly and Min Zhang (Reuters) – Metal consumers in China, from appliance makers to auto, construction and solar panel firms, are readying themselves to face potential supply shocks after power curbs and shortages forced several smelters to cut production in recent weeks. Output curbs tied to emissions caps over the […]

September 29, 2021 By Cynthia Kim and Joori Roh SEOUL (Reuters) -South Korea’s central bank on Wednesday nominated an economist with expertise in macro-economic policies to join the bank’s seven-member board, as it considers further policy tightening to shift away from pandemic-era monetary settings. Park Ki-young, 50, replaces Koh Seung-beom, who left the board in […]

September 29, 2021 TAIPEI (Reuters) – Taiwan’s government on Wednesday proposed tightening a law to prevent China from stealing key technology, reflecting concerns in Taipei that Beijing is stepping up espionage efforts against the island. Taiwan is home to a thriving and world-leading semiconductor industry, used in everything from fighter jets to cars, and the […]

September 29, 2021 By Tim Kelly TOKYO (Reuters) -Japanese prosecutors asked a Tokyo court on Wednesday to send former Nissan Motor executive Greg Kelly to prison for two years for his alleged part in helping Carlos Ghosn, the carmaker’s ousted CEO, hide earnings. Prosecutors, who are also seeking a 200 million yen ($1.8 million) fine […]

September 29, 2021 DUBAI (Reuters) – Etihad Airways is working on what would be its third financing transaction linked to sustainable investment considerations, the Abu Dhabi government-owned airline’s treasurer said on Wednesday. Environmental, social and governance (ESG) concerns are gaining ground in the oil-rich Gulf region, with borrowers setting up ESG frameworks to transition to […]

Andela, a fully remote company that helps tech companies build remote engineering teams (initially from Africa but now a global market), is currently valued at $1.5 billion following a $200 million Series E round led by SoftBank’s Softbank Vision Fund 2, the $30 billion venture fund of SoftBank Group. Joining SoftBank in the investment was […]

Daniel Cooper Contributor Daniel Cooper is a senior editor at Engadget. More posts by this contributor Oh hey, Xiaomi has its own creepy robot dog now Withings is launching the ScanWatch Horizon, a dolled-up version of its ScanWatch inside the body of a diving watch. Horizon comes in a bigger, 43mm case size, but is […]

September 29, 2021 By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) -Thailand’s central bank left its policy rate unchanged at a record low on Wednesday, saying a relaxation of pandemic curbs and a steady vaccine rollout will help the economic recovery. Thailand’s worst coronavirus outbreak led to tougher restrictions in July and August, but the […]

September 29, 2021 MILAN (Reuters) – Sergio Pasini, a manager at former carmaker Fiat Chrysler, now part of the Stellantis group, was arrested in Italy, police said on Wednesday, with sources close to the matter adding the arrest was part of a U.S. inquiry into diesel emissions rigging. “We confirm the arrest,” police told Reuters, […]

September 29, 2021 BERLIN (Reuters) – Germany does not see any sign that it could face the same kind of fuel shortages suffered in Britain, a spokesperson for the economy ministry said on Wednesday. “We do not see any shortages in Germany,” the spokesperson told a government news conference. “The supply situation is good, security […]

September 29, 2021 CASA GRANDE, Ariz. (Reuters) – Luxury electric car maker Lucid Group is on track to meet its production targets for 2022 and 2023 and is pushing to achieve this year’s goal of 577 vehicles, its chief executive said. The California-based startup, which went public via a shell company this year, has secured […]

September 29, 2021 BERLIN (Reuters) – The leaders of Germany’s Greens and Free Democrats (FDP) posted a smiling selfie of themselves on Wednesday and said they were finding some common ground in preliminary talks about joining a three-way coalition after an election on Sunday. The two parties, from opposite sides of the political spectrum and […]