September 24, 2021 WASHINGTON (Reuters) – The chief financial officer of Chinese telecoms company Huawei Technologies, Meng Wanzhou, will appear on Friday in federal court in Brooklyn, according to the court calendar. A person familiar with the situation told Reuters Meng will appear virtually. Huawei was not immediately reachable for comment. Meng was arrested at […]
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Algerian official warns of further measures against Morocco
September 24, 2021 ALGIERS (Reuters) – Algeria may escalate its dispute with Morocco and take more steps after having cut off relations and closed airspace, a senior Algerian diplomat said on Friday. “The adoption of additional measures cannot be ruled out,” Amar Belani, the Foreign Ministry official responsible for Maghreb countries told Reuters without saying […]
Mexico to use only Pfizer COVID-19 vaccine on at-risk kids
September 24, 2021 MEXICO CITY (Reuters) -The COVID-19 vaccine by Pfizer-BioNTech will be the only one used in Mexico for at-risk children aged 12-17, Mexico’s deputy health minister said on Friday. Mexico is expanding its vaccine campaign to children with health issues like cancer, diabetes or cardiovascular disease that make them vulnerable to the virus. […]
Farmers despair as volcano ravages La Palma’s banana crop
September 24, 2021 By Marco Trujillo and Nacho Doce LOS LLANOS DE ARIDANE, Spain (Reuters) – In more than 50 years growing bananas on the Spanish island of La Palma, Antonio Brito Alvarez has never seen anything like the devastation wrought by the Cumbre Vieja volcano, which has been spewing out molten rock and ash […]
Mozambicans return to uncertain future after Islamists pushed back
September 24, 2021 By Baz Ratner and Shafiek Tassiem PALMA, Mozambique (Reuters) – Rwandan forces patrolled burnt-out streets once besieged by Islamist fighters in northern Mozambique, saying it was now safe for civilians to return to the gas-rich region, despite U.N. warnings of a continuing militant threat. Soldiers laid out rifles and rocket launchers seized […]
UK’s AI strategy is ‘ambitious’ but needs funding to match, says Faculty’s Marc Warner
The UK published its first ever national AI strategy this week. The decade-long commitment by the government to levelling up domestic artificial intelligence capabilities — by directing resource and attention toward skills, talent, compute power and data access — has been broadly welcomed by the country’s tech ecosystem, as you’d expect. But there is a […]
Heathrow Airport says UK border gates affected by “systems failure”
September 24, 2021 LONDON (Reuters) – Britain’s busiest airport, Heathrow, said on Friday that a systems failure is affecting the e-gates which allow people to cross the border in the airport, adding that the issue was also affecting other points of entry. The e-gates are staffed and operate by Britain’s Border Force. “Our teams are […]
UK has 10 days to save Christmas, retail industry says
September 24, 2021 LONDON (Reuters) -The lobby group that represents Britain’s retail industry said on Friday that unless more drivers are found in 10 days to alleviate an acute shortage then significant disruption in the run-up to Christmas is inevitable. “HGV drivers are the glue which hold our supply chains together. Without them, we are […]
Banks, asset managers back plan for “explosion” in UK share trading
September 24, 2021 By Huw Jones LONDON (Reuters) – Top banks and asset managers have thrown their weight behind proposals in Britain to scrap curbs on share trading after billions of euros in daily stock dealings left London for Amsterdam due to Brexit. The finance ministry proposed the changes in its review of wholesale capital […]
Fed’s Mester supports taper start in Nov, sees rate hike in 2022
September 24, 2021 (Reuters) – The Federal Reserve should start reducing its support for the economy in November and could start raising interest rates by the end of next year should labor markets continue to improve as expected, Cleveland Federal Reserve Bank President Loretta Mester said on Friday. The Fed promised to keep buying $120 […]
Generali’s appointment committee backs keeping Donnet as CEO – sources
September 24, 2021 MILAN (Reuters) – Generali’s appointment committee decided on Friday to propose to the board that it finalise a slate of nominees for the board renewal keeping Chief Executive Philippe Donnet in his job for another mandate, two sources close to the situation told Reuters. The resolution of the appointment committee, which was […]
Global money market funds see biggest inflow in seven weeks -Lipper
September 24, 2021 (Reuters) – Global money market funds attracted large inflows in the week to Sept. 22, as expectations that the Federal Reserve might soon start tapering its stimulus measures made investors cautious. Troubles at property group China Evergrande also affected sentiment, raising concerns about spillover risks to other economies. Investors purchased a net […]
Hungryroot co-founder’s new venture, Noops, a plant-based pudding startup, raises another $2M
Just two months after securing $2 million in pre-seed funding, plant-based pudding startup Noops is announcing an additional $2 million round led by Lerer Hippeau. The Long Island-based company was founded in 2019 by Hungryroot co-founder Gregory Harry Struck after he adopted a plant-based diet while battling cancer. “It was born out of a need […]
Amazon is reportedly planning a wall-mounted Echo with a 15-inch display
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor ‘Flying’ microchips could ride the wind to track air pollution Netflix is acquiring the rights to Roald Dahl’s books Amazon is working on a number of new devices including an Echo with a 15-inch wall-mounted display, a soundbar, new […]
State Health Officials From Tennessee Plan To Limit Monoclonal Antibody Treatment To Only Unimmunized Individuals
Tennessee State Health officials have announced that people who visit emergency rooms and have not been vaccinated yet are going to be the ones who will be eligible for monoclonal antibody treatment for COVID19 in the state from now onwards. They have said that the overwhelming demand for antibody drugs and the federal government’s requirement […]
Operations observability platform Avenue launches with $4M
Avenue launched Friday to give operations their own tools to monitor teams, and is building a “command center” for this area of business that is often forgotten, co-founder and CEO Justin Bleuel told TechCrunch. In addition to the launch the company is announcing $4 million in seed funding, led by Accel, with participation from Flexport […]
MLB roundup: White Sox wrap up AL Central crown
September 24, 2021 Tim Anderson homered twice to help the visiting Chicago White Sox clinch the American League Central title with a 7-2 victory over the Cleveland Indians on Thursday in the opener of a doubleheader. Anderson led off the game with a homer and added a three-run shot to highlight a six-run second inning […]
Uber to roll out pension plans for UK drivers
September 24, 2021 (Reuters) -Uber Technologies said it would start rolling out its pension plan to all eligible drivers in the United Kingdom, months after the ride-hailing service granted workers’ rights to its drivers in the country. In March, Uber had reclassified its more than 70,000 drivers in Britain as workers following a Supreme Court […]
Futures edge lower after Wall Street’s two-day rally
September 24, 2021 By Devik Jain (Reuters) – U.S. stock index futures edged lower on Friday, led by banking and technology shares following a sharp rally in the past two days after the Federal Reserve kept its policy stance largely in line with market expectations. Big banks including JPMorgan, Citigroup, Morgan Stanley and Bank of […]
Analysis-Evergrande woes to take toll on China property sale and drive M&A
September 24, 2021 By Clare Jim HONG KONG (Reuters) – The debt crisis engulfing China Evergrande Group has begun to dent homebuyer sentiment and force developers to cut prices, signalling deeper consequences for the world’s No.2 economy and a consolidation in the overcrowded property sector. Evergrande, which epitomises the borrow-to-build business model, is suffocating under […]