News

October 4, 2021 By Michelle Nichols NEW YORK (Reuters) – U.N. Secretary-General Antonio Guterres warned on Monday that if left unchecked debt distress in the world’s most vulnerable countries would be “a dagger through the heart of global recovery” from the coronavirus pandemic. “The international community has taken a few positive steps, but it is […]

Mobile website building platform Universe has launched a new update that brings advanced creative controls, enhanced themes, block features and more to its grid-based web builder. Universe allows users to create a custom site or open an e-commerce store directly from a mobile phone through a simplified grid system without the need for coding. The […]

In a world where fintech is so hot right now, and investors are being swept up by their excitement for the space, Chime has managed to ride the wave to near perfection. The company has raised upwards of $2.6 billion, including a fresh $750 million just this year. The startup, playing in the fee-free banking […]

October 4, 2021 TUNIS (Reuters) – Tunisian President Kais Saied appointed Hanene Tajouri Bessassi as ambassador to the United States, he said on Monday, weeks after he dismissed her predecessor without explanation. Saied has removed numerous officials from their posts since July 25, when he sacked the prime minister, suspended parliament and assumed executive authority […]

October 4, 2021 (Reuters) – Bank of America Corp published its first research coverage focused on cryptocurrencies and other digital assets on Monday, joining other mainstream financial institutions as they strengthen their involvement with the asset class. The move, earlier reported by Bloomberg News, was confirmed later by a BofA spokesperson. The “digital asset universe […]

October 4, 2021 By Gary McWilliams HOUSTON (Reuters) – Exxon Mobil’s trophy U.S. campus is becoming an Internet meme. The visually stunning complex, sometimes compared to Apple’s ring and Alphabet’s Googleplex campuses, opened in 2014 as Exxon stood atop of the global oil market. Its centerpiece is a giant cube that appears to float above […]

October 4, 2021 (Fixes hyperlink in last graf) LOS ANGELES (Reuters) -The latest James Bond movie took a mighty $121 million at the international box office over its opening weekend, Universal Pictures said on Monday. The British and Irish box office led the way with a total of $35 million, making “No Time to Die” […]

October 4, 2021 WASHINGTON (Reuters) – The Biden administration is in private communication over Chinese actions with regard to Taiwan, the White House said on Monday, after Taiwan’s defense ministry reported that China’s air force had sent aircraft into its air defense zone. “We are also in touch privately, conveying clear messages through diplomatic channels, […]

Facebook’s stock took a dive Monday as the site suffered one of its worst outages of the past decade with services across its entire suite of products going offline while the tech company struggled to even bring its own internal services back online. The stock ended the day down nearly 5%, with Facebook shedding tens […]

GraphWear, a company pursuing needle-free approaches to glucose monitoring, has closed a $20.5 million Series B round. This series B round is a vote of confidence by investors in GraphWear’s approach: to monitor key metrics in the body, like glucose, without breaking the skin at all.  GraphWear Technologies was founded in 2015 by Rajatesh Gudibande […]

October 4, 2021 By Jan Strupczewski LUXEMBOURG (Reuters) -France and Spain on Monday called for a coordinated European response to the surge in global energy prices to protect Europe’s poorest citizens, the competitiveness of its businesses and its 2050 plan to cut greenhouse emissions. The call, along with ideas shared by European Union governments during […]

October 4, 2021 By Ross Kerber BOSTON (Reuters) – An upcoming United Nations climate summit will give world leaders a chance to push for standardized measures of areas like corporate carbon emissions, the head of the largest U.S. pension fund said on Monday. Marcie Frost, chief executive of the California Public Employees’ Retirement System, said […]

October 4, 2021 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Monday, pulling back from the 1-year high hit last week, as traders looked to U.S. jobs data at the end of the week for clues to the Federal Reserve’s next move. The U.S. Dollar Currency Index, […]

October 4, 2021 By Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s cycle of rate hikes is not yet over and one or two increases are likely forthcoming amid concerns about inflation, though any monetary policy moves will depend on incoming data, Deputy Governor Jonathan Heath said on Monday. Expressing concern about above-target inflation, […]

October 4, 2021 By Issam Abdallah BEIRUT (Reuters) – A theatre director whose play was reported to the Lebanese authorities for allegedly criticising the president was released without charge after questioning on Monday, his lawyer said, in a case that has fuelled worry about freedom of expression in Lebanon. The director, Awad Awad, was also […]

October 4, 2021 By Laura Sanicola (Reuters) -Oil jumped to a three-year peak on Monday after OPEC+ confirmed it would stick to its current output policy as demand for petroleum products rebounds, despite pressure from some countries for a bigger boost to production. The producer club’s decision to keep increasing oil output gradually sent prices […]

October 4, 2021 By Tom Westbrook and Donny Kwok HONG KONG (Reuters) -Debt-saddled China Evergrande is set to raise more than $5 billion by selling a majority stake in its property management arm, Chinese media said on Monday, a deal which would be the struggling giant’s largest asset sale yet if it goes ahead. Once […]

October 4, 2021 By David Shepardson WASHINGTON (Reuters) – Former Facebook employee and whistleblower Frances Haugen will tell Congress Tuesday the company faces little oversight and will liken the social media giant to tobacco companies that for decades denied that smoking damaged health, according to testimony seen by Reuters. “When we realized tobacco companies were […]

Infrastructure as code (IaC) has been gaining wider adoption among DevOps teams in recent years, but the complexities of data center configuration and management continue to create problems — and opportunities. We surveyed top investors in IaC startups to find out more. Overall, they see a lot of room for growth given all of the […]

October 4, 2021 By Blake Brittain (Reuters) – The estate of a Black woman whose cervical cells were taken from her decades ago without her permission sued a pharmaceutical company on Monday, saying it made a “conscious choice” to mass produce the cells and profit from a “racially unjust medical system.” Henrietta Lacks’ estate hasn’t […]