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September 29, 2021 By David Lawder and Nandita Bose PITTSBURGH/WASHINGTON (Reuters) – The United States and European Union agreed on Wednesday to deepen transatlantic cooperation to strengthen semiconductor supply chains, curb China’s non-market trade practices and take a more unified approach to regulating big, global technology firms. Launching a new forum, the U.S.-EU Trade and […]

September 29, 2021 By Jill Serjeant and Lisa Richwine LOS ANGELES (Reuters) – The Britney Spears case returns to court on Wednesday after a summer of surprise turns, shocking allegations, an engagement and mounting expectations that the 13-year-old legal arrangement that controls the singer’s life will soon end. After years of glacial progress, the past […]

September 29, 2021 By Valerie Volcovici and Jarrett Renshaw WASHINGTON (Reuters) – U.S. congressional Democrats are considering including the first federal fee to tackle plastic pollution in the multitrillion-dollar reconciliation bill, a proposal that is drawing opposition from the plastics and petrochemical industry. Senator Sheldon Whitehouse and Representative Tom Suozzi are in talks with other […]

September 29, 2021 SEOUL (Reuters) – North Korean leader Kim Jong Un expressed a willingness to restore severed inter-Korean hotlines starting October, state news agency KCNA reported on Thursday. (Reporting by Sangmi Cha; Editing by Leslie Adler) Source Link N.Korea’s Kim expresses willingness to restore inter-Korean hotline -KCNA David Barret

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 September 29, 2021. Welcome to what feels like fall on the East Coast of the United States. Yes, the seasons are changing, but the technology […]

The Federal Aviation Administration has closed its ‘mishap investigation’ into the July 11 flight of Virgin Galactic founder Richard Branson and three others, the space tourism company’s first dedicated passenger trip. Future flights will reserve a greater volume of airspace and the company promises better communication, but other than that the company is clear to […]

September 29, 2021 By Aida Pelaez-Fernandez and Inti Landauro MADRID (Reuters) -Spain’s inflation surged to a 13-year-high in September as consumer prices rose a higher than expected 4% year-on-year, official data showed on Wednesday, adding pressure on the European Central Bank to potentially tighten its policy. The highest reading since September 2008, when the rate […]

September 29, 2021 (Reuters) – Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal. You would be forgiven if these events made you believe the world had suddenly been stricken by a […]

September 29, 2021 By Jonathan Stempel NEW YORK (Reuters) – A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. The U.S. Securities and Exchange Commission said Jose Luis Casero Sanchez, 35, of Spain, […]

September 29, 2021 By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines said on Tuesday nearly 600 U.S.-based employees faced termination after failing to comply with the carrier’s vaccination policy. In early August, the company became the first U.S. carrier to require COVID-19 vaccinations for all domestic employees, requiring proof of vaccination by Monday. The carrier […]

September 29, 2021 SINGAPORE (Reuters) – HSBC Holdings and Singapore state investor Temasek are teaming up to set up a debt financing platform for sustainable infrastructure projects, with an initial focus on Southeast Asia. The two companies said in a joint statement on Thursday they would invest a combined amount of up to $150 million […]

September 29, 2021 WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) on Wedneday said it closed its mishap investigation into the July 11 Virgin Galactic Unity 22 launch, which deviated from assigned airspace on descent. The FAA said it has required Virgin Galactic to implement changes on how it communicates to the FAA during […]

September 29, 2021 CARACAS (Reuters) – Around three-fourths of Venezuelans now live in extreme poverty as the once-prosperous OPEC nation’s hyperinflationary economic collapse continued for a seventh straight year, according to a study published on Wednesday. The 2020-2021 National Survey of Living Conditions (ENCOVI), conducted by researchers at Andres Bello Catholic University (UCAB), found that […]

September 29, 2021 QUITO (Reuters) – The director of Ecuador’s penitentiary system said on Wednesday that the death toll from a prison riot had risen to at least 30 and that authorities were still working to recover 10 bodies. The South American nation on Tuesday night reported clashes at the Penitenciaria del Litoral in Guayas […]

September 29, 2021 BRUSSELS (Reuters) – The European Union, Britain and Italy have urged Russia to commit to reach net zero carbon dioxide emissions by 2050 and step up its plans to tackle climate change ahead of the COP26 summit. Russia, one of the biggest polluters that has not set a “net zero” emissions target, […]

September 29, 2021 By Amy Tennery (Reuters) -NBA players who are not vaccinated against COVID-19 will have to comply with a long list of restrictions to take part in the upcoming season, according to a memo obtained by Reuters. The National Basketball Association’s tentative protocols released to teams on Tuesday showed vaccinated players will only […]

September 29, 2021 FRANKFURT (Reuters) – The chief executive of Volkswagen’s truck unit Traton, Matthias Gruendler, will leave the business and will be replaced by the head of Traton subsidiary Scania, Christian Levin, who will lead both businesses. In a statement late on Wednesday, Traton also said that Traton’s chief finance officer Christian Schulz will […]

Ram Iyer Contributor Ram is a financial and tech reporter and editor. He covered North American and European M&A, equity, regulatory news and debt markets at Reuters and Acuris Global, and has also written about travel, tourism, entertainment and books. More posts by this contributor The Expensify EC-1 “Know your customer” is one of the […]

Quick Take A statue commemorating Gen. Robert E. Lee was taken down in Richmond, Virginia, on Sept. 8. Days after the statue was removed, Facebook posts about Lee misleadingly claimed he freed his slaves, and a quote from Lee referring to slavery as a “moral evil” is taken out of context, misrepresenting his attitude toward […]

Another day, another direct listing. The once-exotic method of going public is increasingly popular with venture-backed companies as they look to list without running head-first into the IPO pricing issues that have bedeviled a number of high-profile public offerings in the last year. Precisely who is underpricing whom in those situations is a fun, if […]