News

October 8, 2021 (Reuters) -England’s World Cup qualifier against Andorra on Saturday will go ahead as planned despite a fire that broke out at the Estadi Nacional on Friday, the Andorran Football Federation (FAF) has confirmed. Sky Sports earlier posted videos showing a television gantry at the side of the pitch between the two sets […]

October 8, 2021 By Gianluca Semeraro and Valentina Za MILAN (Reuters) – Mediobanca on Friday endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the Italian merchant bank. Welcoming the decision “with deep satisfaction,” Del Vecchio in turn withdrew a second […]

October 8, 2021 By Shivani Singh, Anuron Kumar Mitra and Neha Arora BENGALURU (Reuters) -Two Indian drugmakers have requested permission to end late-stage trials of their generic versions of Merck & Co’s promising experimental oral antiviral drug molnupiravir to treat moderate COVID-19, a week after Merck said its own trial had succeeded for mild-to-moderate patients. […]

October 8, 2021 WASHINGTON (Reuters) – The White House is considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cyber crime, a spokeswoman said on Friday. “The NSC and NEC are coordinating across the interagency to look at ways we can ensure that cryptocurrency and other […]

October 8, 2021 By Jan Wolfe (Reuters) -The White House on Friday formally blocked an attempt by Donald Trump to withhold documents from Congress related to the Jan. 6 attack on the Capitol when he was U.S. president. Press secretary Jen Psaki said President Joe Biden had authorized the National Archives, a government agency that […]

October 8, 2021 KABUL (Reuters) -A suicide bomber attacked a mosque in Afghanistan’s northeastern Kunduz province on Friday, killing scores of worshippers in the country’s third attack this week on a religious institution. Islamic State claimed responsibility for an attack that state-run Bakhtar news agency said had killed 46 people and wounded 143. Two health […]

October 8, 2021 By Simon Lewis MEXICO CITY (Reuters) -The United States and Mexico on Friday discussed a new joint security plan to help fight drug cartels as U.S. Secretary of State Antony Blinken met with Mexico’s president on a visit aimed to patching up frayed ties. The Biden administration is increasingly reliant on its […]

No one’s going to tell you when your startup has reached product-market fit — there are no flashing lights, no siren, no balloons falling from the ceiling. “Especially for first-time founders, assessing product-market fit at a stage where it’s mostly anticipation can be as much art as science,” writes News Editor Darrell Etherington, who interviewed […]

October 8, 2021 By Dan Burns (Reuters) – For a second straight month, U.S. job growth proved to be bitterly disappointing in September https://ift.tt/3iIPVqz, coming in more than 300,000 jobs short of what many economists had penciled in. That’s after August’s report initially came in almost half a million jobs below economists’ consensus estimate. But […]

October 8, 2021 By Elizabeth Dilts Marshall NEW YORK (Reuters) – JPMorgan Chase & Co said Friday it was joining the United Nation’s Net-Zero Banking Alliance, a group of global banks that have committed to dramatically reducing their carbon financing and investment activities. As the largest U.S. bank and a major lender to the fossil […]

October 8, 2021 By Erwin Seba HOUSTON (Reuters) -The labor union representing workers locked out of a Exxon Mobil Corp refinery on Friday accused the oil firm of trying to “bust our union” by supporting efforts to officially remove the union with a decertification vote. Any vote would be tainted by “serious unfair labor practices,” […]

October 8, 2021 By Jessica Resnick-Ault NEW YORK (Reuters) -Oil rose on Friday, gaining about 4% on the week as a global energy crunch boosted U.S. prices to their highest in almost seven years as big power users struggle to meet demand. Even with worldwide demand growing as economic activity rebounds from pandemic lows, the […]

October 8, 2021 (Reuters) – Reactions were swift to a 136-country agreement announced by the Organisation for Economic Cooperation and Development on Friday setting a minimum global tax rate for big companies of 15% and making it harder for them to avoid taxation. U.S. PRESIDENT JOE BIDEN “For decades, American workers and taxpayers have paid […]

October 8, 2021 MEXICO CITY (Reuters) – Bayer is evaluating its legal options after Mexican health regulators for the first time rejected a GMO corn permit it was seeking, the German pharmaceutical and crop science giant said in a statement to Reuters on Friday, blasting the decision as “non-scientific.” Reuters reported earlier in the day […]

October 8, 2021 By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Global equity markets wavered on Friday on a weak U.S. labor market report, and Treasury yields rose as investors still expect the Federal Reserve to begin tapering its massive bond purchases as early as next month. Yields on the benchmark 10-year U.S. […]

October 8, 2021 TRIPOLI (Reuters) -At least six migrants were shot dead at a Tripoli detention centre on Friday, the head of the U.N. migration agency’s Libya mission said, as many reportedly escaped from the facility and others gathered in nearby streets. Overcrowding triggered chaos at the Ghot Shaal centre, with people sleeping in the […]

It’s been a rough week for Facebook, and it seems that Friday afternoon had no mercy for the tech giant. After one of their longest outages in company history on Monday, Facebook went down again on Friday afternoon. The outage affected all Facebook properties, including WhatsApp, Messenger, and Instagram. ut oh pic.twitter.com/NqA3xpWKsN — Matt Navarra […]

Dave Mullen Contributor Share on Twitter Dave Mullen is an investor at SVB Capital, where he focuses largely on fintech, proptech and insurtech. Dave was previously an investor with Wells Fargo’s principal investment arm and is currently the proptech vertical lead for the EVCA. Venture-backed fintechs raised a record $30.8 billion in the second quarter […]

October 8, 2021 By Jessica Resnick-Ault and Nichola Groom LOS ANGELES (Reuters) -The company that operates the pipeline that spilled an estimated 3,000 barrels of oil into the Pacific Ocean off California has an 800-page manual on handling an oil spill – but it is unclear whether its employees followed those procedures. Houston-based Amplify Energy […]

October 8, 2021 By Jan Wolfe (Reuters) -The White House on Friday formally blocked an attempt by Donald Trump to withhold documents from Congress related to the Jan. 6 attack on the Capitol when he was U.S. president. Press Secretary Jen Psaki said President Joe Biden had authorized the National Archives, a government agency that […]