October 8, 2021 WASHINGTON (Reuters) – U.S. President Joe Biden on Friday welcomed a new global deal to ensure big companies pay a minimum tax rate of 15% and said it would help working families in America. “For decades, American workers and taxpayers have paid the price for a tax system that has rewarded multinational […]
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Biden’s popularity rises slightly as coronavirus cases fall: Reuters/Ipsos poll
October 8, 2021 By Chris Kahn NEW YORK (Reuters) – U.S. President Joe Biden’s approval rating has increased somewhat over the past few weeks, according to Reuters/Ipsos polling, as coronavirus infection rates slowed. The latest national public opinion poll, conducted Oct. 6-7, found that 48% of U.S. adults approved of Biden’s performance in office, which […]
Romania in talks with Hungary over transferring COVID-19 patients
October 8, 2021 BUCHAREST (Reuters) – Romania is in talks about potentially transferring some COVID-19 patients to Hungary as Bucharest struggles with record high infections and a shortage of intensive care beds, deputy interior minister Raed Arafat said on Friday. Hungarian Foreign Minister Peter Szijjarto offered his country’s help in a letter over the weekend. […]
IsoPlexis, a company uncovering a ‘new layer’ of cell data, aims for $125M in market debut
Shares of IsoPlexis, a company creating tools to zoom in on the flurry of protein activity surrounding a single cell, began trading on Friday. The company aims to raise about $125 million with the IPO, which will be used to build the commercial team and advance the company’s plans to play a bigger part in […]
The pandemic put a spotlight on the need to invest in women founders
Diane Yoo Contributor Share on Twitter Diane Yoo is a results-driven entrepreneur and venture capitalist with more than 15 years of experience. Without a doubt, the COVID-19 pandemic created catastrophic effects in our communities, educational systems and, most importantly, our careers and overall global economy. The pandemic has also had a disproportionate effect on women’s […]
Years later, Eli Manning talks about 2004 draft-day trade
October 8, 2021 After 17 years, a career that led to two Super Bowl victories and a place in the top 10 of a number of all-time quarterback lists, Eli Manning finally talked about why he didn’t want to play for the San Diego Chargers, the team that drafted him No. 1 overall in 2004. […]
Freeport CEO ‘encouraged’ after talk with Peru’s Castillo
October 8, 2021 (Reuters) – Freeport-McMoRan Inc Chief Executive Richard Adkerson said on Friday he was encouraged by a recent conversation with Peruvian President Pedro Castillo about taxation and corruption in the world’s second-largest copper producing country. Castillo, a member of a Marxist-Leninist party, swept into office last summer on promises to increase mining industry […]
In Mexico, hundreds of U.S.-bound migrants found packed in trucks
October 8, 2021 MEXICO CITY (Reuters) – Police in northern Mexico discovered more than 600 Central American migrants hiding in three long cargo trucks headed to the United States late on Thursday, in one of the biggest round-ups of U.S.-bound migrants by Mexican authorities in years. Video released by police showed officers prying off a […]
Mexico, U.S. to work on reducing drug use, trafficking of U.S.-made weapons – statement
October 8, 2021 MEXICO CITY (Reuters) – Mexico and the United States will join forces to invest in public health around drug use, reduce arms-trafficking and dismantle criminal networks as part of a new security accord, the countries said in a joint statement on Friday. The neighbors will also work together to dismantle the trafficking […]
Ukraine widens probe against Kremlin ally Medvedchuk
October 8, 2021 By Pavel Polityuk and Natalia Zinets KYIV (Reuters) – Ukrainian prosecutors said on Friday they had widened an investigation into pro-Russian lawmaker Viktor Medvedchuk, accusing him of colluding with senior officials to finance separatist forces in the eastern Donbass region. In May, authorities put Medvedchuk, the Kremlin’s most prominent ally in Ukraine, […]
Brazil’s Guedes says offshore investments are legal and were declared
October 8, 2021 BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Friday that his offshore investments are legal and were declared, adding that there was too much “noise” regarding the matter after the “Pandora Papers” revelations. Guedes said in an event hosted by Banco Itau that he is being personally attacked due to […]
UN rights office congratulates all journalists on Nobel Peace prize
October 8, 2021 GENEVA (Reuters) – The U.N. human rights office congratulated Maria Ressa and Dmitry Muratov on receiving the Nobel Peace Prize on Friday, saying it was “recognition of the importance of the work of journalists in the most difficult circumstances”. “Throughout the years we’ve seen an increase in attacks in journalists during the […]
Journalists who took on Putin and Duterte win 2021 Nobel Peace Prize
October 8, 2021 By Nerijus Adomaitis, Andrew Osborn and Karen Lema OSLO/MOSCOW/MANILA (Reuters) -Journalists Maria Ressa and Dmitry Muratov, who braved the wrath of the leaders of the Philippines and Russia to expose corruption and misrule, won the Nobel Peace Prize on Friday, in an endorsement of free speech under fire worldwide. The two were […]
Austrian government teeters as Greens seek options to oust PM Kurz
October 8, 2021 By Francois Murphy VIENNA (Reuters) -Austria’s governing coalition was on the brink of collapse on Friday as its junior party said it wanted to oust Chancellor Sebastian Kurz now that he has been placed under investigation on suspicion of corruption offences. Kurz denies wrongdoing and says he is willing to keep governing […]
Global minimum corporate tax rate has been reached: OECD
October 8, 2021 By Leigh Thomas PARIS (Reuters) – A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and Development said on Friday. The OECD said four countries – Kenya, […]
Oil prices surge; U.S. crude touches high above $80 a barrel
October 8, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil prices rose on Friday, up more than 4% on the week as a global energy crunch has boosted prices to their highest since 2014 and prompted China to demand increased coal production. With global energy demand growing, OPEC and allied producers have said they would […]
EU warns of security risks linked to migration from Afghanistan
October 8, 2021 (Reuters) – Europe must take the security threats that might arise from migration out of Afghanistan more seriously, EU Home Affairs Commissioner Ylva Johansson warned on Friday. “On the terrorist threat from Afghanistan, I must say that my assessment is that the alert level is not high enough. We really need to […]
Republicans Mischaracterize Proposed Financial Reporting Requirement
To help detect unreported income and narrow the gap between federal taxes collected and owed, the Biden administration has proposed expanding annual reporting requirements for banks and other financial institutions to include the total amounts of money flowing in and out of all business and personal accounts worth at least $600. “We’re simply asking to […]
Bradley Tusk is seizing the moment: “We’re investing, we’re incubating, we’ve got SPACs”
Whether or not we’re at some kind of tipping point right now, venture investors, old and new, have done very well in recent years, with their limited partners notching the biggest gains in decades. Among the newer VCs to be having a time of it is Bradley Tusk, the political strategist, lobbyist, and founder of […]
Soccer-Human rights groups criticise Newcastle sale to Saudi-led consortium
October 8, 2021 By Dhruv Munjal (Reuters) -Saudi Arabian human rights group ALQST accused the Premier League of being driven only by money and employing ‘profoundly inadequate’ criteria for assessing human rights considerations in the wake of Newcastle United being acquired by a Saudi-led consortium. Saudi Arabia’s Public Investment Fund (PIF) — chaired by Crown […]