October 8, 2021 By Sophie Penney (Reuters) – Manchester United forward Marcus Rashford has become the youngest recipient of an honorary doctorate from The University of Manchester for his campaign against child poverty, the Premier League club said on Friday. The England international earned widespread praise after successfully campaigning for school food vouchers to be […]
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European stocks log best week in two months
October 8, 2021 By Sruthi Shankar and Susan Mathew (Reuters) -European stocks ended a volatile session lower on Friday as investors digested data showing slowing jobs growth in the United States, but they still marked their best week in two months as fears of soaring inflation were tempered. A U.S. Labor Department report showed nonfarm […]
Britain calls on ex-Tesco boss ‘Drastic Dave’ to fix supply chain
October 8, 2021 By James Davey and Sarah Young LONDON (Reuters) -Boris Johnson has turned to former Tesco boss Dave Lewis to fix supply chain problems that have hit the British economy and sparked criticism of the Prime Minister’s response. Lewis, who was nicknamed “Drastic Dave” after fixing businesses at consumer goods group Unilever through […]
OECD says deal on global minimum corporate tax rate has been reached
October 8, 2021 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, Nigeria, Pakistan and […]
Airstrikes against Tigrayan forces intensify in Ethiopia’s Amhara region -TPLF spokesman
October 8, 2021 By Katharine Houreld NAIROBI (Reuters) – Airstrikes against Tigrayan forces in Ethiopia’s northern region of Amhara have intensified, a spokesman for the Tigrayan forces said on Friday, which he said could presage a ground push against the Tigrayan forces by the Ethiopian military and its allies. The Ethiopian military and its allies […]
Yields rise, stocks nudge higher after U.S. jobs data
October 8, 2021 By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Global equity markets edged higher and Treasury yields rose on Friday after investors mulled U.S. labor market data, with a weak headline number masking job gains that likely will keep the Federal Reserve on track to taper its massive bond purchases soon. […]
5 common growth marketing mistakes startups make
Jonathan Martinez Contributor Share on Twitter Jonathan Martinez is a former YouTuber, UC Berkeley alum and growth marketing nerd who’s helped scale Uber, Postmates, Chime and various startups. More posts by this contributor In growth marketing, signal determines success Early-stage brands should also unlock the power of influencers Having spent time in the trenches with […]
Analysis-Europe’s record IPO year has a sting in its tail
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 […]
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 […]