News

Facetune developer Lightricks, which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business. The company’s newly announced Series D round includes $100 million in primary and $30 million in secondary funding, and now values the company at $1.8 […]

Today, TechCrunch is excited to announce the 20 startups pitching on stage in this year’s Startup Battlefield. Selected from the most competitive batch in TC history, selected founders from across the globe will pitch on the virtual stage at TechCrunch Disrupt 2021. Startups will be competing for $100,000 in equity-free prize money and the attention […]

September 20, 2021 By Colin Packham and Philip Blenkinsop CANBERRA/BRUSSELS (Reuters) -Australia’s trade minister said on Monday he would seek a meeting with France to ease tensions over Canberra’s decision to scrap a $40 billion submarine deal, and was confident it would not cloud EU-Australia trade talks. However, a leading European Union lawmaker said Australia’s […]

September 20, 2021 By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – And so it begins: Taxes in the world’s wealthiest countries are rising. Inevitable perhaps given the unprecedented COVID-era debt surge and, according to some investors, even a good thing if it helps close the wealth gaps the pandemic has exacerbated. Tax rises grabbed […]

September 20, 2021 KOHLER, Wisconsin (Reuters) – Home advantage for a largely inexperienced U.S. team versus European passion will be one of the compelling storylines in this week’s Ryder Cup between two star-studded teams at Whistling Straits. The Americans will have six Ryder Cup rookies on their 12-man team who will strive to reclaim the […]

September 20, 2021 By Sagarika Jaisinghani and Shreyashi Sanyal (Reuters) -European shares tumbled over 2% to a near two-month low in early afternoon trading on Monday as growing solvency worries about property group China Evergrande spooked investors, in a dour start to a week packed with meetings of major central banks. The pan-European STOXX 600 […]

September 20, 2021 DUBLIN (Reuters) – Ireland’s opposition to a proposed overhaul of global corporate tax rules has not changed ahead of plans to finalise an agreement next month and it is closely watching the progress of reforms in the United States, Finance Minister Paschal Donohoe said on Monday. “What I’m doing is focusing to […]

September 20, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Funds are loading back up on U.S. Treasuries ahead of the Fed’s Sept. 22 policy decision, suggesting they are not as confident as they were a few weeks ago that yields are headed higher. Positioning data from the Commodity Futures Trading Commission show hedge funds […]

September 20, 2021 By Patturaja Murugaboopathy (Reuters) – Global active equity funds have seen higher inflows this year, bolstered by a surge in equities and higher participation of retail investors, who aim for higher returns than the benchmark indexes. According to Refinitiv data, global active equity funds have attracted a total $36.6 billion in the […]

September 20, 2021 (Reuters) – Twitter Inc said on Monday it had proposed to settle a class action lawsuit commenced in 2016 by paying $809.5 million for claims. The company did not specify what the lawsuit was about and was not immediately available for comments. Twitter and the individual defendants continue to deny any wrongdoing […]

September 20, 2021 LONDON (Reuters) – Former Bank of England policymaker Gertjan Vlieghe has agreed to join major U.S. hedge fund Element Capital as its chief economist, a representative for the company said on Monday. Vlieghe served for six years on the BoE’s Monetary Policy Committee before stepping down at the end of August when […]

September 20, 2021 (Reuters) – Largest U.S. homebuilder D.R. Horton Inc on Monday cut its forecast for annual revenue and homes closed, due to lingering supply chain disruptions. The company now expects its revenue for fiscal 2021 between $27.4 billion and $27.6 billion, below its previous expectation of $27.6 billion to $28.1 billion. D.R. Horton […]

September 20, 2021 FRANKFURT (Reuters) -Allianz is considering speeding up succession planning for its management board, including for asset management head Jacqueline Hunt whose contract expires next year, following the closure of some of its U.S. investment funds last year. Allianz is facing a slew of investor lawsuits over its Structured Alpha Funds and related […]

September 20, 2021 LONDON (Reuters) – Britain’s Prince Charles and his son William will join healthcare workers and members of the armed forces at the world premiere of “No Time To Die” next week when the highly anticipated James Bond movie makes its delayed debut. Daniel Craig, who takes on the role of the suave […]

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […]

Weeks after Amazon introduced an updated Fire TV lineup that included, for the first time, its own TVs, Roku today is announcing its own competitive products in a race to capture consumers’ attention before the holiday shopping season. Its updates include a new Roku Streaming Stick 4K and Roku Streaming Stick 4K+ — the latter […]

September 20, 2021 (Reuters) – El Salvador has bought 150 more bitcoins, President Nayib Bukele announced, taking the Central American country’s holdings of the volatile cryptocurrency to 700 coins. “We just bought dip,” Bukele tweeted late on Sunday, referring to a recent slump in bitcoin prices. Earlier this month, El Salvador became the first country […]

September 20, 2021 LONDON (Reuters) – Britain’s Princess Beatrice, Queen Elizabeth’s granddaughter, has given birth to a baby girl, her first child with husband Edoardo Mapelli Mozzi, Buckingham Palace announced on Monday. The baby, who weighed 6 pounds and 2 ounces (2.78 kg), was born at London’s Chelsea and Westminster Hospital on Saturday. Beatrice, the […]

September 20, 2021 BUDAPEST (Reuters) -Hungary’s government will refund $2 billion of income tax to families in early 2022, and also plans a big hike in the minimum wage, Prime Minister Viktor Orban told parliament’s opening session on Monday. Orban, who next year faces an election that is shaping up as a competitive race for […]

September 20, 2021 (Reuters) – European Union foreign ministers will on Monday discuss Australia’s scrapping of a $40 billion submarine order with France, a move that has enraged Paris and cast a shadow over free trade talks between the EU and Australia. The meeting will take place on the sidelines of the United Nations General […]