October 10, 2021 WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said that once Congress and the White House agree on spending plans, it will be lawmakers’ responsibility to raise the federal debt limit. “Once Congress and the administration have decided on spending plans and tax plans, it’s simply their responsibility to pay the bills […]
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BaaS served three ways: A closer look at a rapidly evolving market
The BaaS market is evolving rapidly and so are the options for companies who wish to quickly spin up new financial services by leveraging these bank-in-a-box APIs. We recently took a look at who the ideal customers and partners are for banking-as-a-service startups … And today we’re going to dig deeper into the different flavors […]
The Theranos fiasco shows how much startup advisory boards matter
Ariel Katz Contributor Share on Twitter Ariel Katz is the co-founder and CEO of H1. More posts by this contributor The health data transparency movement is birthing a new generation of startups The epic fall from grace of Elizabeth Holmes holds lessons for everybody from CEOs to investors, commercial partners, the media — social or […]
Motor racing-Bottas wins in Turkey as Verstappen retakes F1 lead
October 10, 2021 ISTANBUL (Reuters) – Valtteri Bottas won a wet Turkish Grand Prix for Mercedes on Sunday while Red Bull’s Max Verstappen finished second to take back the Formula One world championship lead and move six points clear of Lewis Hamilton. Mercedes’ seven times world champion Hamilton went from 11th on the grid to […]
U.S. Treasury’s Yellen confident Congress will pass global minimum tax
October 10, 2021 WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries. Yellen said the actions to bring the United States into compliance with the global minimum tax would likely be included in the […]
Soccer-Neuer fit as Germany bid to seal World Cup spot in North Macedonia
October 10, 2021 HAMBURG, Germany (Reuters) – Germany goalkeeper Manuel Neuer will be fit to play in Monday’s 2022 World Cup qualifier against North Macedonia, coach Hansi Flick said on Sunday, with his team a win away from clinching a spot in next year’s tournament. Neuer missed Friday’s 2-1 victory over Romania with a minor […]
China denounces Taiwan president’s speech
October 10, 2021 TAIPEI (Reuters) – China’s government on Sunday denounced Taiwan President Tsai Ing-wen’s National Day speech, saying it incited confrontation and distorted facts. The seeking of Taiwan independence closes the door to dialogue, China’s Taiwan Affairs Office said. Speaking earlier on Sunday, Tsai said that Taiwan will keep bolstering its defences to ensure […]
Czech President Zeman taken to hospital at key post-election time
October 10, 2021 PRAGUE (Reuters) – Czech President Milos Zeman was taken to hospital on Sunday, bringing uncertainty at a key period when the president is due to lead political talks on forming a new government after a parliamentary election https://ift.tt/3oLJhDC. A spokeswoman for the Central Military Hospital in Prague said Zeman, 77, was being […]
India says it has ample coal stocks for power sector
October 10, 2021 NEW DELHI (Reuters) – India has ample coal stocks to meet power sector demand, a coal ministry statement said on Sunday, a day after the Delhi Chief Minister said a shortage of the fuel meant the Indian capital could face a power crisis https://ift.tt/3BtUtZh. State-run Coal India Ltd is using its 40 […]
Czech President Zeman being taken to hospital
October 10, 2021 PRAGUE (Reuters) – Czech President Milos Zeman was being taken to Prague’s Central Military Hospital on Sunday, a hospital spokeswoman said. She gave no details but said the hospital’s director would give a media briefing at 2 p.m. (1200 GMT). The presidential office had previously said Zeman, 77, has been ill and […]
Aden car bomb targeting officials kills at least four – security source
October 10, 2021 ADEN (Reuters) – A car bomb targeting the governor’s convoy shook Yemen’s southern port city of Aden on Sunday killing at least four people, a Reuters witness and a security source said. Governor Ahmed Lamlas and agriculture minister Salem al-Suqatri survived the blast but at least four people were killed, the security […]
Pope meets Colombian nun freed from Mali kidnapping
October 10, 2021 VATICAN CITY (Reuters) – Pope Francis on Sunday met a Colombian nun who was freed https://ift.tt/3Dqj2qh after being kidnapped by Islamist militants in Mali four years ago. The Vatican said in a statement that Francis met Sister Gloria Cecilia Narvaez in St. Peter’s Basilica just before he celebrated Mass there to open […]
Pope opens two-year consultation on Catholic Church future
October 10, 2021 By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Sunday launched a two-year worldwide consultative process that could change the way the Roman Catholic Church makes decisions and leave its mark long after his pontificate is over. Proponents see the initiative called “For a Synodal Church: Communion, Participation and Mission” as […]
Lava blocks the size of buildings falling from La Palma volcano
October 10, 2021 By Silvio Castellanos and Juan Medina LA PALMA, Spain (Reuters) – Blocks of molten lava as large as three-storey buildings rolled down a hillside on the Spanish island of La Palma while a series of tremors shook the ground on Sunday three weeks after the volcanic eruption. There were 21 seismic movements […]
Pregnant Afghan pilot who voiced fears to Reuters moved to Tajik hospital
October 10, 2021 By Phil Stewart WASHINGTON (Reuters) – A pregnant Afghan Air Force pilot who had been detained at a rural sanatorium in Tajikistan and had voiced her concerns to Reuters https://ift.tt/2Yycl76 last week about the risks to her unborn child has been moved to a maternity hospital, one of her fellow pilots said. […]
Egyptian consumer price inflation rises to 6.6% in Sept -CAPMAS
October 10, 2021 DUBAI (Reuters) -Egypt’s annual urban consumer price inflation increased to 6.6% in September from 5.7% in August, data from the country’s statistics agency CAPMAS showed on Sunday. The rate remains well within the target range of between 5% and 9% set by the central bank, which meets on Oct. 28 to decide […]
UK business minister: Inflation always troubling, BoE’s job to handle it
October 10, 2021 LONDON (Reuters) – Inflation in Britain is troubling and the independent Bank of England will do a good job in curbing it, but the government is right to focus on higher wages, business minister Kwasi Kwarteng said on Sunday. “I think rising costs always should trouble a business department. But I think […]
UK working on support for energy-intensive industries, minister says
October 10, 2021 LONDON (Reuters) – Britain is working out how to support energy-intensive industries hit by soaring gas prices, business minister Kwasi Kwarteng said on Sunday, describing the situation as critical but declining to say what action is being considered. Producers of steel, glass, ceramics and paper and other sectors have said they may […]
Italian police arrest far-right party officials after anti-vax riot
October 10, 2021 ROME (Reuters) – Italian police said on Sunday they had arrested 12 people, including top officials of the extreme right-wing party Forza Nuova, following clashes in Rome against a government drive to make the COVID-19 “Green Pass” mandatory for all workers. Thousands of people https://ift.tt/3mJbIj7 took to the streets of the Italian […]
Austria’s ruling coalition soldiers on after fight to near-death
October 10, 2021 VIENNA (Reuters) – Austria’s ruling coalition soldiered on on Sunday after Chancellor Sebastian Kurz quit https://ift.tt/3am7fNm to keep it alive, but a top newspaper likened his future role in parliament to Russian leader Vladimir Putin’s stint as prime minister in name only. Prosecutors placed Kurz under investigation https://ift.tt/3uXoD4r last week on suspicion […]
