September 29, 2021 LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that he expected Britain’s economy to recover its pre-pandemic level of output early next year, a little later than the central bank had predicted last month. “I expect us to be back to the pre-pandemic level in the early part […]
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Exclusive-Telecoms tycoon Drahi in talks to buy French satellite firm Eutelsat – sources
September 29, 2021 By Gwénaëlle Barzic and Pamela Barbaglia PARIS (Reuters) -Telecoms tycoon Patrick Drahi is in talks to buy French firm Eutelsat in a deal that would see one of his investment vehicles take direct control of the Paris-listed satellite operator, two sources familiar with the matter told Reuters. Drahi is working with banks […]
Factbox: Billionaires battle CEOs at Italy’s Generali and Mediobanca
September 29, 2021 MILAN (Reuters) – Power struggles at insurer Generali and Mediobanca have billionaires Leonardo Del Vecchio and Francesco Gaetano Caltagirone pitted against the CEOs of both groups. Here are the key facts in a growing confrontation over the strategies of both Italy’s most powerful investment bank and the country’s biggest insurer, which holds […]
From Bond to ‘Macbeth’: Daniel Craig to return to Broadway stage
September 29, 2021 (Reuters) – Bond star Daniel Craig has chosen his next act. The British actor, whose fifth turn as the British secret service agent had its world premiere https://ift.tt/2Y2BqH2 in London on Tuesday, is to play the ambitious and murderous “Macbeth” on Broadway next year, producers said on Wednesday. The new production, with […]
Climate volatility helps AgTech platform Semios raise $100M round led by Morningside
One of the greatest challenges for farmers today is the increasingly volatility in the climate, leading to unpredictable weather patterns, making growing conditions challenging. If farmers can’t grow crops, then our food security is as risk. Gradually, the field of AgTech is attempting to address this issue. There are increasing numbers of FaaS or ‘Farming […]
72 hours left to save $100 on passes to TC Sessions: SaaS 2021
Like sands through the hourglass so are the days of…no, hold on, hold on. It’s not time to watch your favorite soap opera. It’s time to stop procrastinating and buy your pass to TC Sessions: SaaS 2021 before the early bird price expires promptly on October 1 at 11:59 pm (PT). That’s in just three […]
ASML sees decade of growth, $28-35 billion revenues by 2025
September 29, 2021 AMSTERDAM (Reuters) -ASML Holding NV, one of the key suppliers to computer chip makers, increased its financial forecasts on Wednesday and said it would have revenue growth of around 11% annually through 2030 amid booming demand for its products. “We feel very comfortable with these numbers” Chief Executive Peter Wennink said at […]
Evergrande set to miss second offshore bond coupon payment this month, sources say
September 29, 2021 By Andrew Galbraith, Anshuman Daga and Karin Strohecker HONG KONG (Reuters) – At least some of China Evergrande’s offshore bondholders had not received a due coupon payment by the close of Asia business on Wednesday, sources said, although the cash-strapped developer reached a $1.5 billion deal to settle debt with a Chinese […]
Luxury carmaker Rolls-Royce to switch to all electric range by 2030
September 29, 2021 BERLIN (Reuters) – Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar’s Land Rover. The BMW-owned brand said in a statement that its first fully electric powered car, named ‘Spectre’, will be on the […]
U.S. SEC proposes rules urging hedge funds, endowments to disclose votes
September 29, 2021 By Katanga Johnson and Ross Kerber WASHINGTON/BOSTON (Reuters) -The top U.S. securities regulator on Wednesday proposed requiring large hedge funds and endowments to disclose how they vote on executive pay, bringing this clutch of influential investors in line with other top funds that have made their pay votes public for a decade. […]
G20 extraordinary meeting on Afghanistan to be held on Oct. 12 – Draghi
September 29, 2021 By Angelo Amante ROME (Reuters) – An extraordinary meeting of the Group of 20 major economies to discuss Afghanistan will take place on Oct. 12, Italian Prime Minister Mario Draghi said on Wednesday. Italy holds the rotating G20 presidency this year and Draghi has recently discussed Afghanistan with other world leaders – […]
Princess Diana honoured with blue plaque at former London flat
September 29, 2021 LONDON (Reuters) – The late Princess Diana has been honoured with a “blue plaque” at her former flat in west London where she lived before she became engaged to British heir-to-the-throne Prince Charles. The plaque is on the building that was her home between 1979 and 1981 – 60 Coleherne Court – […]
Read AI raises $10M, creates virtual meeting dashboard to show you when you talk too much
Meetings can go one of two ways… either be productive, or be ineffective. Read AI wants all meeting goers to be engaged and feel productive, and it has developed a real-time shared dashboard to alert meeting participants when things are going well or not so well. The Seattle-based company emerged from stealth mode Wednesday with […]
YouTube will now ban content with vaccine misinformation
YouTube expanded its medical misinformation policies today to include new guidelines that ban vaccine misinformation. The Google-owned video platform had previously banned over 1 million videos spreading dangerous COVID-19 misinformation. Now, YouTube says it will also remove content that spreads misinformation about vaccine safety, the efficacy of vaccines, and ingredients in vaccines. The platform previously […]
Italy’s Draghi says will present broad tax reform plan to cabinet next week
September 29, 2021 ROME (Reuters) – Prime Minister Mario Draghi said on Wednesday he will present plans to cabinet next week for a broad overhaul of Italy’s tax system. The government said in the spring it would present the tax reform by July, but Draghi told reporters the delay was not due to disagreements among […]
MLB roundup: Cards win 17th straight, seal wild-card bid
September 29, 2021 Adam Wainwright earned his 17th victory as the St. Louis Cardinals defeated the visiting Milwaukee Brewers 6-2 on Tuesday night to clinch a berth in the National League wild-card game. Wainwright (17-7) allowed two runs on seven hits in six innings and drove in a run as the Cardinals extended their team-record […]
YouTube blocks all anti-vaccine content
September 29, 2021 WASHINGTON (Reuters) -YouTube will block all anti-vaccine content, moving beyond its ban on false information about the COVID vaccines to include content that contains misinformation about other approved vaccines, it said in a blog post on Wednesday. Examples of content that won’t be allowed on YouTube include claims that the flu vaccine […]
Tunisian leader names new PM with little experience at crisis moment
September 29, 2021 By Tarek Amara and Angus McDowall TUNIS (Reuters) -President Kais Saied named a geologist with little government experience as Tunisia’s first woman prime minister on Wednesday amid a crisis following his seizure of sweeping powers and with public finances close to breaking point. He asked Najla Bouden Romdhane, a little-known professor of […]
China seeks to quell power crunch fears, as coal prices soar, winter nears
September 29, 2021 By Gabriel Crossley and Shivani Singh SHENYANG, China (Reuters) – China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s no. 2 economy grapple with power cuts that have crippled industrial output. The order, handed down from […]
International community will stop supporting Mali if it brings in mercenaries – France
September 29, 2021 PARIS (Reuters) – France warned Mali on Thursday that it would lose the support of the international community if it agreed a deal with Russian mercenaries. Diplomatic and security sources have told Reuters that Mali’s year-old military junta is close to recruiting the Russian Wagner Group https://ift.tt/2Y4lKCM, and France has launched a […]