News

September 27, 2021 By Jessica DiNapoli NEW YORK (Reuters) -FedEx Corp investors approved billionaire Chief Executive Fred Smith’s $54 million pay plan on Monday at the delivery company’s annual meeting, but rebuffed the corporate board’s recommendations on shareholder proposals on lobbying and outsize executive severance packages. Investors approved by more than 50% non-binding proposals for […]

September 27, 2021 WASHINGTON (Reuters) – U.S. Speaker of the House of Representatives Nancy Pelosi said on Sunday the chamber will vote on passage of the $1 trillion infrastructure bill on Thursday. “Tomorrow, September 27, we will begin debate on the Bipartisan Infrastructure Framework on the Floor of the House and vote on it on […]

September 27, 2021 (Corrects paragraph 6 to show it’s the Texas Secretary of State’s office, not Attorney General Ken Paxton, who ordered the audits. Drops reference to Paxton in paragraph 7) By Brad Brooks (Reuters) -Texas Governor Greg Abbott on Sunday defended his state’s upcoming audit of 2020 presidential election results in four counties, action […]

September 27, 2021 By Foo Yun Chee LUXEMBOURG (Reuters) -Alphabet unit Google on Monday blasted EU antitrust regulators for ignoring rival Apple as it launched a bid to get Europe’s second-highest court to annul a record 4.34-billion euro ($5.1 billion) fine related to its Android operating system. Far from holding back rivals and harming users, […]

September 27, 2021 By Humeyra Pamuk WASHINGTON (Reuters) -U.S. House of Representatives Speaker Nancy Pelosi on Sunday set a vote on the $1 trillion bipartisan infrastructure bill for Thursday and voiced confidence it would pass. Debate on the legislation, which passed the Senate with Democratic and Republican support on Aug. 10 and would help fund […]

September 27, 2021 By Jason Lange WASHINGTON (Reuters) – Washington is racing to avert a partial government shutdown that could lead to furloughs for hundreds of thousands of federal workers in the middle of a national health crisis. Barring a still-elusive political deal, funding for most federal agencies will expire at midnight on Thursday. Many […]

September 27, 2021 (Reuters) – Sharp falls in the stocks and bonds of China Evergrande Group have raised the spectre of losses for global asset managers with exposure to the embattled property developer. The below graphics show the exposure of asset managers to the Chinese firms stocks and bonds and how they have performed. On […]

We’re in countdown mode, folks. With just one month to go before TC Sessions: SaaS 2021, the early-bird pass is living on borrowed time — five days to be precise. Take advantage of full event access at a discount price. Buy your pass before the sale expires on October 1 at 11:59 pm (PT) and […]

TikTok announced in a blog post today that 1 billion people use TikTok every month. That means that on this big rock in space that we call home, about one in seven-and-a-half people are regularly watching short-form videos of dancing, dangerous “milk crate challenges” and even actual educational content. For context, Facebook said that in […]

September 27, 2021 DAKAR (Reuters) – Mali could push back presidential and legislative elections from late February to avoid their validity being contested, its prime minister handling a post-coup transition said. Mali’s progress back to democracy following the August 2020 overthrow of President Ibrahim Boubacar Keita is being closely monitored in a region that has […]

September 27, 2021 By Rami Ayyub JERUSALEM (Reuters) – Israeli Prime Minister Naftali Bennett met senior ministers from the United Arab Emirates and Bahrain in New York on Sunday, his office said, ahead of an address to the United Nations in which he is expected to urge action against Iran’s nuclear programme. Israel has trumpeted […]

September 27, 2021 By Tarek Amara TUNIS (Reuters) – Nurse Amira Souissi celebrated when Tunisian President Kais Saied seized near total power in July promising to battle corruption, contain prices and boost state finances. But the mother of four is now losing patience with what some Tunisians see as his lack of an economic gameplan, […]

September 27, 2021 By Emma Thomasson and Paul Carrel BERLIN (Reuters) -German Social Democrat Olaf Scholz vowed on Monday to strengthen the European Union and keep up the transatlantic partnership in a three-way coalition government he hopes to form by Christmas to take over from Angela Merkel’s conservatives. Scholz’s Social Democrats (SPD) came first in […]

September 27, 2021 BEIJING (Reuters) -China strongly condemned Britain on Monday for sailing a warship through the sensitive Taiwan Strait, saying it was behaviour that “harboured evil intentions” and that the Chinese military followed the vessel and warned it away. A post on the ship’s Twitter account said HMS Richmond passed through the strait en […]

September 27, 2021 VIENNA (Reuters) – A new Austrian political party that opposes lockdowns, compulsory mask-wearing and other coronavirus restrictions hopes to spread across the country after surprisingly securing seats in one of Austria’s nine provincial parliaments on Sunday. People Freedom Fundamental Rights (MFG), a newly created party that campaigned online and with a tour […]

September 27, 2021 ROME (Reuters) – The social media guru for Italy’s Matteo Salvini said on Monday he had quit his post, key to building the far-right leader’s popularity, following media reports that he was under a narcotics investigation. Luca Morisi, 48, widely considered to have had a crucial role in cultivating Salvini’s “man of […]

Welcome to a two public-offering week. U.S software company Amplitude is expected to post a direct-listing reference price this evening and begin trading tomorrow morning, per publicly available IPO calendars. Warby Parker is also set to direct list later this week — more on its numbers here. Expect a raft of coverage from TechCrunch on […]

September 27, 2021 CAIRO (Reuters) – Tensions between Sudan’s military and civilian politicians reached a low point on Sunday in the wake of last week’s attempted coup with senior officials calling on the public to prepare for protests over the withdrawal of official security details. The deteriorating relations have put the fragile transition to democratic […]

September 27, 2021 PARIS (Reuters) – French President Emmanuel Macron and his wife have filed a legal complaint after a Paris exhibition featured a photograph of him jet-skiing in a bathing suit while on holiday, French media reported on Monday. The exhibition “Presidents of the Republic on their holiday locations” was held in an art […]

September 27, 2021 By Victor Jack LONDON (Reuters) – For Tom Reddy, it was the disgusting conditions that convinced him to quit as a British trucker, with few toilets and even fewer showers forcing drivers into desperate solutions at the side of the road. Reddy, 36, is stopping driving after 15 years, one of thousands […]