News

Natasha and Mary Ann and Alex were all aboard this week with Grace on the dials, which meant that we had a flat lovely time recording Equity for you. Of course, Equity is TechCrunch’s venture capital focused podcast where we dig into the most critical funding rounds, and natter about the key news items impacting startups. Before we hop into […]

October 8, 2021 By Aaron Ross and Helen Reid DAKAR (Reuters) – Democratic Republic of Congo should renegotiate its $6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies and activists. The draft, seen by Reuters, describes the deal that was first […]

October 8, 2021 (Reuters) – The number of U.S. workers who were unable to work at some point over the previous four weeks due to the COVID-19 pandemic fell in September, while more reported not looking for jobs because of those health concerns as the Delta variant of the coronavirus hit its summer peak, a […]

October 8, 2021 MANILA (Reuters) – The Philippines’ week-long registration for candidates in the 2022 election closed on Friday without an application from President Rodrigo Duterte’s daughter, disappointing many of her supporters, who up to the last minute were egging her to run. Sara Duterte-Carpio, 43, thanked her supporters but maintained she was running for […]

October 8, 2021 CAPE TOWN (Reuters) – South Africa’s biggest metalworkers union said on Friday its members were considering a new proposal to end a strike in the engineering sector, now in it’s fourth day. The National Union of Metalworkers of South Africa (NUMSA), with around 155,000 members organised in the sector, have been on […]

October 8, 2021 BEIJING (Reuters) – China has further reduced the number of sectors and industries that are off-limits to both Chinese and foreign investors in its latest draft version of so-called negative list for market access. The 2021 list of industries that are either restricted or prohibited has been cut to 117, according to […]

October 8, 2021 MILAN (Reuters) – The impact from a global semiconductor shortage on Stellantis’ Italian car production this year will be worse and longer-lasting than the damage to output caused by the COVID-19 pandemic in 2020, Italy’s FIM-CISL union said on Friday. A global microchip shortage is pushing automakers to slow down production, with […]

October 8, 2021 By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Lawyers who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva violated World Bank staff rules by failing to notify her that she was a subject of the probe and by not allowing her to respond to its findings, Georgieva’s attorney […]

October 8, 2021 By David Ljunggren OTTAWA (Reuters) -The Canadian economy posted a monster jobs gain in September, pushing employment back to its pre-pandemic levels, and the jobless rate hit an 18-month low, Statistics Canada data indicated on Friday. Analysts said the figures showed the recovery from the COVID-19 pandemic was gaining pace but predicted […]

October 8, 2021 GENEVA (Reuters) – The U.N. Human Rights Council comfortably passed a resolution on Friday that recognises access to a safe and healthy environment as a fundamental right despite criticism in the lead-up to the vote from Britain, the United States and other countries. The resolution, proposed by Costa Rica, the Maldives, Morocco, […]

October 8, 2021 (This October 7 story has corrected first name of Dutch ambassador to Paul Bekkers not Peter Bekker in 6th paragraph) By Stephanie Nebehay GENEVA (Reuters) – Bahrain, Russia and other members of the U.N. Human Rights Council pushed through a vote on Thursday to shut down the body’s war crimes investigations in […]

October 8, 2021 KYIV (Reuters) -Ukrainian police opened an investigation on Friday after a young lawmaker fell ill and died in a taxi in the capital Kyiv following what prosecutors said was a heart attack. However, the head of Kyiv’s police said it was most likely that Anton Poliakov, 33, had died of natural causes. […]

October 8, 2021 BENGALURU (Reuters) – India’s top software exporter Tata Consultancy Services Ltd reported about 29% jump in quarterly profit on Friday, boosted by a pandemic-led demand for digitisation from businesses. Consolidated net profit rose to 96.24 billion rupees ($1.28 billion) in the three months to Sept. 30, from 74.75 billion rupees a year […]

October 8, 2021 NEW YORK (Reuters) – Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November or December next year despite a U.S. payrolls report that came in way below expectations. The fed funds market showed a […]

October 8, 2021 (Reuters) – Money inflows into U.S. bond funds dropped in the week to Oct. 6 as a surge in energy prices drove inflationary pressures, with worries over the U.S. debt ceiling capping inflows for shorter-term bonds. Investors purchased a net $727 million in U.S. bond funds in the week to Oct. 6, […]

October 8, 2021 (Reuters) -U.S. employment increased far less than expected in September amid a decline in government payrolls, but hiring could pick up in the months ahead as COVID-19 infections subside and people resume the search for work. LINK TO STORY: MARKET REACTION: STOCKS: S&P e-mini futures initially dipped, but then recovered and were […]

October 8, 2021 By Gabriel Crossley BEIJING (Reuters) – A Chinese former journalist whose work exposed official corruption has been detained by police on suspicion of insulting “heroes and martyrs” of the Korean War after comments he made about a patriotic film, state media reported. According to screenshots of a social media post that can […]

October 8, 2021 WASHINGTON (Reuters) – The United States, United Kingdom and Norway on Friday called for an end to blockades of port and transportation infrastructure in eastern Sudan. The so-called Troika countries in a joint statement backed the civilian-led transitional government in urging political talks to resolve protests in the east that they said […]

October 8, 2021 BRUSSELS (Reuters) -Greece said on Friday it would investigate reports that some of its officials were illegally pushing back migrants at the border, a day after Brussels pressed it to look into the accusations. Several European media outlets reported this week that Greek and Croatian officials were illegally and sometimes violently pushing […]

Summary The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers. The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%. Paychecks grew faster than inflation. Average […]