September 21, 2021 By Sagarika Jaisinghani and Shreyashi Sanyal (Reuters) -European shares rose on Tuesday after their biggest fall in two months on easing worries about the spillover from the crisis at China’s Evergrande, while music label Universal Music Group soared 35% in its stock market debut. The pan-European STOXX 600 was up 1.0% after […]
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Biden nominee for key China export post expects Huawei to remain blacklisted
September 21, 2021 By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -U.S. President Joe Biden’s nominee to a post overseeing export policy on China said on Tuesday he sees Chinese telecoms firm Huawei as a national security threat and expects to keep the company on a trade blacklist unless “things change.” If confirmed as Under […]
Macau casino and junket operators seek clarity over new gambling laws
September 21, 2021 By Farah Master HONG KONG (Reuters) – Senior Macau casino and junket executives met with authorities in the world’s biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity. The 70-minute meeting, shown online, highlighted the uncertainty hanging over the industry since the […]
Explainer: Why a crisis over power prices caused panic about CO2 supplies
September 21, 2021 By Nigel Hunt LONDON (Reuters) – Britain struck a deal https://ift.tt/3ECq2Ss with a major producer of fertiliser and carbon dioxide on Tuesday to restart two plants which had halted operations due to soaring prices for natural gas. The closures had led to fears that the production of a wide range of food […]
UK’s first green gilt draws record $137 billion demand
September 21, 2021 By David Milliken and Yoruk Bahceli LONDON (Reuters) -Britain sold 10 billion pounds of its first ‘green’ government bond on Tuesday after attracting over 100 billion pounds ($137 billion) of demand from investors, a record high that shows the clamour for assets that can be marketed as good for the planet. Proceeds […]
Syrian migrants allowed in by Merkel vote to choose her successor
September 21, 2021 By Riham Alkousaa BERLIN (Reuters) – Tarek Saad is keen to help other Syrian refugees who have fled the war in their homeland to make a new home in Germany and he sees the federal election on Sept. 26 as an opportunity to do just that. Saad is campaigning in his adopted […]
AT&T plans multi-year effort to burnish its brand image
September 21, 2021 By Sheila Dang (Reuters) – AT&T Inc Chief Executive John Stankey said on Tuesday the U.S. wireless company will pursue a “multi-year effort” to improve its reputation with customers. Speaking at Goldman Sachs’ Communacopia conference, Stankey said he was not satisfied with AT&T’s current brand image and added the company is not […]
JPMorgan Chase acquires college financial planning platform Frank
September 21, 2021 (Reuters) – JPMorgan Chase & Co said on Tuesday it had acquired Frank, a college financial planning platform used by over 5 million students in the United States. The deal is the latest in a string of acquisitions by the largest U.S. bank, and will allow the bank to deepen ties with […]
China Evergrande’s rising default risks shift focus to possible Beijing rescue
September 21, 2021 By Clare Jim, Anshuman Daga and Kane Wu HONG KONG/NEW YORK (Reuters) – Persistent default fears eclipsed efforts by China Evergrande Group’s chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. Analysts played down […]
Rippling launches computer inventory management as more workers remain remote
Rippling, a startup building a platform to manage all aspects of employee data, from payroll and benefits through to device management, launched Rippling Inventory Management, what founder and CEO Parker Conrad is touting as the “world’s first cloud IT closet.” The dashboard enables businesses to automatically store, ship and retrieve employee computers in a way […]
Egypt’s former military ruler Tantawi, key figure in 2011, dies at 85
September 21, 2021 By Mahmoud Mourad and Mohamed Wali CAIRO (Reuters) -Field Marshal Hussein Tantawi, the former head of the military council that ruled Egypt temporarily after its 2011 popular uprising, has died at the age of 85, Egypt’s presidency said on Tuesday, declaring three days of national mourning. President Abdel Fattah El-Sisi led mourners […]
The iPhone 13 Pro goes to Disneyland
This year’s iPhone review goes back to Disneyland for the first time in a couple of years for, uh, obvious reasons. I’m happy to report that the iPhone 13 Pro and iPhone 13 performed extremely well and the limited testing I was able to do on the iPhone mini and iPhone 13 Pro Max showed […]
Dollar holds near 1-month high with Fed, Evergrande eyed
September 21, 2021 By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar held around the unchanged mark near a one-month high as global markets bounced somewhat on Tuesday after a risk-off mood dominated in the prior session, while investors awaited the results of a two-day policy meeting from the Federal Reserve. After reaching its […]
Facebook spent over $13 billion on safety, security since 2016
September 21, 2021 (Reuters) – Facebook Inc said on Tuesday it has invested more than $13 billion in safety and security measures since 2016, days after a newspaper reported the company had failed to fix “the platform’s ill effects” researchers had identified. The social media giant said it now has 40,000 people working on safety […]
U.S. retail industry seeks 90-day lead time on COVID-19 rules
September 21, 2021 By David Shepardson WASHINGTON (Reuters) – Two major U.S. retail industry groups on Tuesday asked the Biden administration for at least 90 days before imposing new rules that will require employees at larger firms to be vaccinated against COVID-19 or submit to regular testing. On Sept. 9, the White House said the […]
Marvel shows are now available through Apple Podcast subscriptions
Kris Holt Contributor Share on Twitter Kris Holt is a contributing writer at Engadget. More posts by this contributor Google Meet will automatically adjust webcam brightness in your browser Disney+ ‘Hawkeye’ trailer shows Clint Barton’s past catching up with him Marvel and SiriusXM have opened a new Apple Podcasts channel, which includes a paid tier. […]
U.S. seeks to double climate change aid for developing nations -Biden
September 21, 2021 NEW YORK (Reuters) -U.S. President Joe Biden told the United Nations General Assembly on Tuesday he would work with Congress to double funds by 2024 for helping developing nations deal with climate change to $11.4 billion per year, which would help achieve a global goal set more than a decade ago to […]
Raspberry Pi gets $45M to meet demand for low cost PCs and IoT
Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The UK-based foundational behind the low price microprocessor, Raspberry Pi, announced close of a $45 million funding round yesterday. The cash injection into the trading arm of the (non-profit) Raspberry Pi Foundational values it at $500M (pre-money), founder Eben Upton confirmed. […]
Just raises $8M in its effort to beat Root at the car insurance game
Just Insure, a pay-per-mile insurance technology company, has raised $8 million in a funding round. CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking […]
America’s innovators will solve climate change, not regulators
Quill Robinson Contributor Share on Twitter Quill Robinson is the American Conservation Coalition‘s vice president of government affairs. President Joe Biden has pledged to cut U.S. greenhouse gas emissions in half by 2030. He intends to meet this ambitious target through a wave of new federal spending and government programs. But our best hope for […]
