News

September 30, 2021 MADRID (Reuters) – Banks in Europe need more dynamic regulation to enable them to improve their profitability and catch up with their peers in the United States, the head of European Banking Federation (EBF), Ana Botin, said on Thursday. Europe’s banks have tended to lag their U.S. rivals in terms of valuation […]

September 30, 2021 By Padraic Halpin DUBLIN (Reuters) -Ireland on Thursday doubled its forecast for economic growth this year but will not increase its budget package for 2021 as it aims to get the public finances in “far safer” shape than previously expected, Finance Minister Paschal Donohoe said on Thursday. Finance ministry chief economist John […]

September 30, 2021 (Reuters) – U.S. stock index futures rose on Thursday, indicating a slightly positive end to a bruising month for Wall Street, with focus turning toward economic data and government funding negotiations. Jobless claims data, due at 08:30 a.m. ET, is expected to point to a steady recovery in the jobs market, while […]

September 30, 2021 By Hideyuki Sano and Divya Chowdhury TOKYO/MUMBAI (Reuters) – Investors see Japan’s new leader, Fumio Kishida, as a steady consensus-builder who can lead the ruling Liberal Democratic Party and its coalition partner to victory in a general election due in November. But while Japanese equities are expected to benefit from Kishida’s market-friendly […]

September 30, 2021 BERLIN (Reuters) – German car parts maker Continental announced plans for a restructuring that will combine from the start of next year business activities around connectivity, mobility, and high-performance computers, it said on Thursday. Its tires business and the ContiTech division, focused on rubber technologies, will become independent group sectors, while its […]

Gifting has become a major lever in the world of building business relationships in the last 20 months. With in-person meetings reduced to a trickle, sending a gift to a colleague or business associate has become a more personalized way to reward, curry favor, or just keep in touch beyond the basics of pinging each […]

September 30, 2021 ISTANBUL (Reuters) -Turkey is considering more joint defence industry steps with Russia including for fighter jets and submarines, President Tayyip Erdogan said after talks with President Vladimir Putin, despite a U.S. warning of further sanctions. On the return flight to Turkey from the talks, Erdogan told reporters he also proposed working with […]

September 30, 2021 By David Kirton ZHUHAI, China (Reuters) – China put on an extravagant display of once-secret high-end military technology at its largest air show this week, while broadcasting its growing ambitions in space exploration and for self-sufficiency in commercial aircraft. Pandemic-related travel restrictions meant Airshow China in the southern city of Zhuhai was […]

September 30, 2021 By Anton Zverev and Tom Balmforth MOSCOW (Reuters) -The editor of a Russian news outlet that angered the Kremlin with its investigations, including into the poisoning of opposition politician Alexei Navalny, said the authorities had declared him a wanted man. Roman Dobrokhotov, editor-in-chief of The Insider, told Reuters the authorities had accused […]

September 30, 2021 By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) -Klara Dobrev, a 49-year-old lawyer, has emerged as the front-runner in a joint opposition bid to unseat Hungary’s Prime Minister Viktor Orban in 2022 elections, partial results of an opposition primary showed on Thursday. Dobrev, whose candidacy would raise the prospect of Hungary’s first […]

Facebook Messenger is releasing a bundle of products this morning — most notably, including cross-app group chats. Last year, the company introduced cross-app messaging between Messenger and Instagram, but now, users will be able to start group chats among Instagram and Messenger contacts. Other additions today include polls in Instagram DMs, building off of the […]

The larger a coding project gets, and the more people become involved, the harder it becomes to get a big picture view of how the entire project fits together, and this is especially true for distributed teams. Today, CodeSee, an early stage startup that wants to help development teams understand the entire code base, released […]

Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 billion valuation. Lightspeed Venture Partners led the Series C round, which comes just over one year after New York-based Alloy raised $40 million in a Series B financing. Existing backers Canapi Ventures, […]

Spotify earlier this year began beta testing new features to make podcasts more interactive through the use of listener polls and Q&As. Today, the company says these features will become publicly available to all creators through its podcast creation app, Anchor. To use the new options, creators who publish and distribute using Anchor will be […]

September 30, 2021 By Rohith Nair (Reuters) -A bout manipulation system existed in boxing at the 2016 Rio Olympics, Richard McLaren, the head of the independent investigation commissioned by the sport’s world governing AIBA, said in his report on Thursday. McLaren said the first stage of the investigation looked into the refereeing and judging at […]

Ola Electric said on Thursday it has raised over $200 million in a new financing round at a valuation of $3 billion, up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in the South Asian market. Falcon Edge Capital and SoftBank Vision Fund 2 co-led the financing […]

September 30, 2021 By Borja Suarez and Marco Trujillo LA PALMA, Spain (Reuters) – Lava from the Cumbre Vieja volcano on Spain’s La Palma poured into the Atlantic Ocean for the second day on Thursday, creating a rocky outcrop more than 500 metres wide that extends the island’s coastline further to the west. Vicente Soler, […]

September 30, 2021 By Thomas Escritt BERLIN (Reuters) -A 96-year-old German woman fled ahead of the opening on Thursday of her trial on charges of aiding and abetting mass murder in a Nazi concentration camp during World War Two, a court spokesperson said. Irmgard Furchner is accused of having contributed as an 18-year-old to the […]

September 30, 2021 JERUSALEM (Reuters) -Israeli forces killed a Palestinian gunman in the occupied West Bank on Thursday and a Palestinian woman who tried to stab officers in Jerusalem’s Old City, Israeli police said. Hours later, in the Gaza Strip, Israeli soldiers fired towards a Palestinian, one of three people who raised suspicions by approaching […]

September 30, 2021 By Robin Emmott BRUSSELS (Reuters) – Kosovo agreed on Thursday to withdraw police units from its northern border with Serbia to end a mounting dispute over vehicle licence plates that briefly escalated into violence and prompted NATO to step up its patrols. The accord negotiated in Brussels calms the latest flare-up in […]