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Ecuador eyes trade deals with China, Russia in bid for investment

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 QUITO (Reuters) – Ecuador is aiming to negotiate trade deals with China, Russia and South Korea in the next four years, the Andean nation’s Production and International Trade Minister said on Thursday, adding that closing a deal with the United States is a priority. The push for free trade deals is part […]

Filed Under: News

Automakers funding new tech aimed at making greener lithium for EVs

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Ernest Scheyder CALIPATRIA, Calif. (Reuters) – Automakers, investors and even oilfield giant Schlumberger NV are beginning to embrace environmentally friendly technologies to produce lithium that could help meet 25% or more of global demand for the electric vehicle battery metal by the end of the decade. Stellantis, Bill Gates’ Breakthrough Energy […]

Filed Under: News

Ford to suspend production for two days at Mexico plant on material shortage -union

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Sharay Angulo MEXICO CITY (Reuters) -U.S. automaker Ford will temporarily suspend production from Oct. 11-12 at its Hermosillo plant in Mexico because of a shortage of material, the plant’s labor union said on Thursday. Workers will be paid 75% of salaries on those days, the union added in a statement. Ford […]

Filed Under: News

Australia’s Woolworths settles class action over underpaying staff

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 (Reuters) – Australia’s biggest grocery chain Woolworths Group Ltd said on Friday it has settled a class action lawsuit filed against it by a Canberra law firm in 2019 for underpaying supermarket workers. The grocery firm said it would make an ex-gratia payment of A$2,500 plus retirement benefits to its about 20,000 […]

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Daily Crunch: India’s Rebel Foods scores $1.4B valuation after raising $175M Series F

October 7, 2021 by David Barret Leave a Comment

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 7, 2021! Sure, we’re excited about software here at TechCrunch, but we also keep at least one eye on the sky at all times. […]

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Google and YouTube say they won’t allow ads or monetized content pushing climate denial

October 7, 2021 by David Barret Leave a Comment

Google announced Thursday that it would no longer allow ads or monetization for content that promotes climate change denialism. The policy change will apply to publishers, advertisers and YouTube creators, who will no longer be able to make money from content that “contradicts well-established scientific consensus around the existence and causes of climate change.” Google […]

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Nasdaq wagers on sports betting trend, sees retail brokers joining

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By John McCrank (Reuters) – Sports betting will likely occur through exchanges and retail brokerages like Robinhood Markets Inc in the future, the head of North American markets at Nasdaq Inc said on Thursday. Nasdaq in June took a stake in Sporttrade, a start-up that plans to launch a sports betting app […]

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U.S. House panel probing Jan. 6 Capitol riot issues more subpoenas

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 WASHINGTON (Reuters) – The U.S. House of Representatives Select Committee investigating the deadly Jan. 6 riot at the Capitol said on Thursday it had issued more subpoenas seeking testimony and records related to a rally that took place the day mobs of former President Donald Trump’s supporters stormed the seat of the […]

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Exclusive-Cash airlifts planned to bypass Taliban and help Afghans -sources

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Robin Emmott, John O’Donnell and Jonathan Landay BRUSSELS/FRANKFURT/WASHINGTON (Reuters) – As desperate Afghans resort to selling their belongings to buy food, international officials are preparing to fly in cash for the needy while avoiding financing the Taliban government, according to people familiar with the confidential plans. Planning for the cash airlifts […]

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U.S. says security cooperation with Mexico ‘due for updated look’ ahead of talks

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 WASHINGTON (Reuters) -The United States believes its security cooperation with Mexico is “due for an updated look,” State Department spokesperson Ned Price said on Thursday, ahead of meetings between senior U.S. and Mexican officials on Friday. “This will really be one of the core elements of the discussions tomorrow,” Price said at […]

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Dollar takes a pause ahead of U.S. jobs data

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was steady against a basket of currencies on Thursday, the day before U.S. labor market data that could provide clues to timing of the Federal Reserve’s next move. Most major currency pairs clung to familiar ranges, with traders disinclined to place large wagers […]

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And the 2021 Nobel Prizes go to men… so far

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Johan Ahlander, Gwladys Fouche and Julie Steenhuysen GOTHENBURG, Sweden (Reuters) – All eight winners of the 2021 Nobel Prizes in medicine (https://ift.tt/3FciNkq), chemistry (https://ift.tt/3AmyORp), physics (https://ift.tt/3ozF8T5) and literature (https://ift.tt/3mBB6qI) have been men, re-igniting a recurring debate about diversity in the highly coveted awards, particularly those in science. Ardem Patapoutian and David […]

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ECB’s brain trust spars over inflation outlook

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s two leading economic thinkers sparred on Thursday over how likely it was for the recent, sharp rise in euro zone inflation to become permanent. Philip Lane and Isabel Schnabel, who lead the economic debate on the ECB’s board, both […]

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Stellantis to invest $229 million to upgrade Indiana plants for EVs

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 (Reuters) – Stellantis, the world’s fourth largest carmaker, said on Thursday it would invest $229 million in three plants in Indiana to expedite the development of electric vehicles. The investment, which will retain 662 jobs, will retool three Kokomo plants in Indiana to produce electrified, eight-speed transmissions, Stellantis said. A global clampdown […]

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Kristen Stewart brings Princess Diana film ‘Spencer’ to London

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Hanna Rantala LONDON (Reuters) – American actress Kristen Stewart premiered drama “Spencer” at the London Film Festival on Thursday, saying she was excited to bring her portrayal of the late Princess Diana to British audiences. The 31-year-old has won rave reviews for her performance in the movie. Set over three days, […]

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Exclusive-U.S. Democrats court Manchin with two-part climate plan -sources

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) – Democrats are close to finalizing a plan supported by U.S. Senator Joe Manchin that would boost tax credits for power plants that capture carbon, as the White House courts him to pass a multi-trillion spending plan, two sources said. The carbon sequestration tax […]

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Twitch streamers respond after huge leak of creator payout data

October 7, 2021 by David Barret Leave a Comment

Twitch confirmed yesterday that a massive cache of internal data, including creator payouts, was published online after a breach. The streaming platform said in a blog post that the leak was caused by an error in a Twitch server configuration change, which was then accessed by a malicious third party. For many streamers, this leak […]

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Canadian M&A jumps 28% in third quarter, market volatility could slow deals

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Maiya Keidan and Shariq Khan TORONTO (Reuters) – Canadian mergers and acquisitions activity for the third quarter hit its highest since 2016 as historically low interest rates and strong equity markets helped companies to revive transactions that were put on hold due to the pandemic. Dealmaking rose 27.7% to $76.6 billion […]

Filed Under: News

Factors driving hot Canadian inflation still seem temporary, central bank chief says

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Julie Gordon OTTAWA (Reuters) -The factors influencing Canada’s red-hot inflation are proving more persistent than expected, but there are “good reasons to believe” they remain temporary, Bank of Canada Governor Tiff Macklem said on Thursday. Macklem, answering questions after a speech to a foreign policy think-tank, said Canada’s central bank continues […]

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Ivory Coast caps local firms’ share of cocoa exports, say sources

October 7, 2021 by David Barret Leave a Comment

October 7, 2021 By Ange Aboa ABIDJAN (Reuters) – Ivory Coast’s cocoa board will allocate a maximum of 200,000 tonnes of cocoa to local exporters this season, half as much as envisaged under a government decree to boost local firms’ competitiveness, five industry sources told Reuters on Thursday. In May, the government ruled that 20% […]

Filed Under: News

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