October 8, 2021 By Abhinav Ramnarayan and Oliver Hirt LONDON (Reuters) – Europe’s record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation fears and concerns over a property crisis in China have soured investors’ appetite for new stock listings. Deal cancellations and postponements have started to hit […]
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Wall Street mixed after September jobs miss
October 8, 2021 By Devik Jain and Sruthi Shankar (Reuters) -U.S. stocks oscillated between gains and losses on Friday after data showed U.S. jobs rose far less than expected in September, but not slow enough to throw the Federal Reserve off its presumed course of tapering asset purchases this year. Six of the 11 major […]
Evergrande creditors fear imminent default as concerns shake sector
October 8, 2021 By Anshuman Daga, Scott Murdoch and Clare Jim SHANGHAI/SINGAPORE/HONG KONG (Reuters) -China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property developer, their advisers said. Evergrande, which could trigger one of China’s largest defaults https://ift.tt/3oJ5XV3 as […]
School hiring decline, worker shortages curb U.S. job growth in September
October 8, 2021 By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy created the fewest jobs in nine months in September amid a drop in hiring at schools and worker shortages, but ebbing COVID-19 cases and the end of generous unemployment benefits could boost employment gains in the months ahead. Though the Labor Department’s closely […]
Trump’s DC hotel lost millions despite foreign payments – U.S. House panel
October 8, 2021 By Jan Wolfe WASHINGTON (Reuters) -Former U.S. President Donald Trump’s showcase hotel in Washington – a popular gathering spot for supporters and foreign dignitaries – bled millions of dollars during his time in office even as he concealed payments from foreign governments, a U.S. House of Representatives panel said on Friday. The […]
UN declares access to a clean environment a human right
October 8, 2021 By Emma Farge GENEVA (Reuters) -The U.N. Human Rights Council on Friday recognised access to a clean and healthy environment as a fundamental right, formally adding its weight to the global fight against climate change and its devastating consequences. The vote passed with overwhelming support, despite criticism in the lead-up from some […]
Berlin police investigating ‘Havana syndrome’ cases at U.S. embassy
October 8, 2021 BERLIN (Reuters) -German police are investigating several cases of the mysterious “Havana syndrome”, believed to have affected around 200 U.S. officials and family members worldwide, at the U.S. Embassy in Berlin. The syndrome – a set of ailments that includes migraines, nausea, memory lapses and dizziness – came to public attention in […]
‘You are playing with fire’: EU faces crisis over Polish court ruling
October 8, 2021 By Sabine Siebold and Alicja Ptak WARSAW (Reuters) -A Polish court ruling challenging the supremacy of European Union law plunged the EU into an existential crisis on Friday, increasing fears among EU policymakers and many Poles that Poland could eventually leave the bloc. Politicians across Europe voiced dismay at the ruling by […]
Suicide bomber kills 46 at Afghanistan mosque – state news agency
October 8, 2021 KABUL (Reuters) -A suicide bomber attacked a mosque in Afghanistan’s northeastern Kunduz province on Friday, killing 46 people and wounding more than 140, the state-run Bakhtar news agency said. Video footage showed bodies surrounded by debris inside the mosque that is used by people from the minority Shi’ite Muslim community. No group […]
Blinken meets Lopez Obrador to soothe thorny U.S.-Mexico relations
October 8, 2021 By Simon Lewis MEXICO CITY (Reuters) -U.S. Secretary of State Antony Blinken on a visit to Mexico on Friday held talks with President Andres Manuel Lopez Obrador, trying to mend fractious ties as the two nations hash out a new security cooperation accord and deal with a jump in migration. The top […]
U.S. troops rotating into Taiwan for training -sources
October 8, 2021 WASHINGTON (Reuters) -Small numbers of U.S. special operations forces have been rotating into Taiwan on a temporary basis to train with Taiwanese forces, two sources familiar with the matter said on Thursday, speaking on condition of anonymity. The Pentagon, which historically has not disclosed details about U.S. training or advising of Taiwan […]
The mystery of Elon Musk’s missing gas
An environmental document that needs U.S. Federal Aviation Administration approval before SpaceX can begin testing the world’s largest rockets is missing key details about where its fuel will come from, experts say. The draft programmatic environmental assessment (PEA) for SpaceX’s Starship and Super Heavy launch vehicles, which Elon Musk hopes will soon be shooting into […]
Productfy raises $16M to build the ‘Shopify of embedded finance’
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CMVentures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly $19 […]
Google to give security keys to ‘high risk’ users targeted by government hackers
Google has said it will provide 10,000 “high-risk” users with free hardware security keys, days after the company warned thousands of Gmail users that they targeted by state-sponsored hackers. The warning, sent by Google’s Threat Analysis Group (TAG), alerted more than 14,000 Gmail users that they had been targeted in a state-sponsored phishing campaign from […]
Why Techstars is doubling down on Europe
As we get into our dive into Q3 2021 venture capital numbers, one region in particular has our attention: Europe. While venture capital gains in markets like India, Latin America and the larger African startup ecosystem have proved impressive, Europe has posted strong results of its own. A string of recent exits from European startup […]
Pinterest rolls out new ‘Havens’ mental health support space
Pinterest is launching a new ‘Pinterest Havens’ mental health support initiative in honor of World Mental Health Day, which is October 10th. In a blog post, the company called the initiative “an online and offline space for community-driven inspiration.” Pinterest notes that it’s essentially creating space on its platform to explore the relationship between mental […]
Fewer school jobs, worker shortages restrain U.S. employment in September
October 8, 2021 By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy created the fewest jobs in nine months in September amid a drop in hiring at schools and worker shortages, but ebbing COVID-19 cases and the end of generous unemployment benefits could boost employment gains in the months ahead. Though the Labor Department’s closely […]
Analysis-Sudan coup drama lays bare distrust between civilian, military leaders
October 8, 2021 By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – When Sudanese authorities announced last month that they had averted a coup, alleged ringleaders were swiftly rounded up and daily life continued. Some Sudanese greeted the news with a weary shrug of the shoulders, as public trust wears thin in military and civilian […]
Georgia detains four at rally in support of jailed ex-president – report
October 8, 2021 MOSCOW (Reuters) – Police in Georgia detained four protesters on Friday outside a prison holding ex-president Mikheil Saakashvili, local media reported, a week after he was jailed after returning from exile and calling for post-election protests. Saakashvili, who was sentenced in absentia in Georgia in 2018 for abuse of power and concealing […]
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 […]
