News

September 16, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin has accepted China’s invitation to attend the Beijing Olympics in February 2022, the RIA news agency quoted Russian foreign minister Sergei Lavrov as saying on Thursday. Russian athletes are barred from competing at major international events, including the Olympics, with their flag and anthem until […]

Sorcero announced Thursday a $10 million Series A round of funding to continue scaling its medical and technical language intelligence platform. The latest funding round comes as the company, headquartered in Washington, D.C. and Cambridge, Massachusetts, sees increased demand for its advanced analytics from life sciences and technical companies. Sorcero’s natural language processing platform makes […]

September 16, 2021 HONG KONG (Reuters) – Tether, the world’s largest ‘stablecoin’, said in a statement it does not hold any commercial paper or securities issued by embattled developer China Evergrande Group, as regulatory scrutiny into risks from this type of token grow. Evergrande, which has total liabilities of more than $300 billion, is also […]

September 16, 2021 By Kate Holton and Sachin Ravikumar (Reuters) -Online fashion retailer ASOS set out plans to cut its environmental impact and improve worker rights on Thursday, tying its success in cutting waste and carbon levels to future management pay. Joining a growing list of fast-fashion companies to open up its supply chain for […]

When Salesforce announced it was buying German RPA vendor Servicetrace last month, it seemed that it might match up well with Mulesoft, the company the CRM giant bought in 2018 for $6.5 billion. Mulesoft, among other things, helps customers build APIs to legacy systems, while Servicetrace provides a way to add automation to legacy systems. […]

September 16, 2021 By Conor Humphries DUBLIN (Reuters) – Ryanair lifted its five-year passenger forecast on Thursday, saying the delivery of an existing Boeing order and increased use of older aircraft would allow it to grow faster without the need for an additional large plane deal. Europe’s largest low cost carrier last week abruptly ended […]

September 16, 2021 By Crispian Balmer and Giuseppe Fonte ROME (Reuters) – Italy is poised to become the first country in Europe to make it obligatory for all workers to have a COVID-19 “Green Pass”, with the cabinet due to approve the measure at a meeting later on Thursday, officials said. The pass is a […]

September 16, 2021 By Trevor Hunnicutt, Nandita Bose, David Brunnstrom and Colin Packham WASHINGTON/CANBERRA (Reuters) -China on Thursday denounced a new Indo-Pacific security alliance between the United States, Britain and Australia, saying such partnerships should not target third countries and warning of an intensified arms race in the region. Under the arrangement, dubbed AUKUS, the […]

Concreit, a company that wants to open real estate investing to a broader group of people, announced today that it has closed $6 million in a seed funding round led by Matrix Partners.  Hyphen Capital also participated in the round, in addition to individual investors such as Betterment founder and CEO Jon Stein; Andy Liu, […]

New Zealand-based medtech startup HeartLab has raised $2.45 million in seed funding that it says will help the company expand its AI-powered heart scanning and reporting platform to cardiologists in the United States by early next year. HeartLab provides an end-to-end solution for echocardiograms, the ultrasound tests that doctors use to examine a patient’s heart […]

September 16, 2021 (Reuters) – Euro 2020 finalists England pushed world champions France out of the top three in world soccer body FIFA’s latest men’s soccer rankings published on Thursday. Belgium remained the top ranked side, followed by Brazil. European champions Italy, on a record unbeaten international run of 37 matches, are fifth with Argentina […]

September 16, 2021 By Dhara Ranasinghe LONDON (Reuters) – Erratic and volatile, with positioning swinging from one extreme to another: a new norm is taking hold in the world’s biggest debt markets which for years saw activity crushed by the hefty presence of central banks. Bond-buying stimulus remains a powerful downward force on borrowing costs, […]

September 16, 2021 By Ritvik Carvalho LONDON (Reuters) – The dollar climbed to the higher end of recent ranges against other major currencies on Thursday, as traders looked to next week’s Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus. The dollar index, which measures the […]

September 16, 2021 BRAUNSCHWEIG, Germany (Reuters) – Four former employees of carmaker Volkswagen went on trial on Thursday over the Dieselgate scandal in which illegal software was used to cheat emission tests. The trial, being held in the city of Braunschweig, close to Volkswagen’s headquarters in Wolfsburg, started without former CEO Martin Winterkorn, whose separate […]

September 16, 2021 By Alex Lawler LONDON (Reuters) -Oil held above $75 a barrel on Thursday, within sight of a multi-week high hit a day earlier, supported by a big drop in U.S. crude inventories and surging European natural gas prices. U.S. crude inventories fell by 6.4 million barrels last week, more than the 3.5 […]

September 16, 2021 By David Kirton SHENZHEN, China (Reuters) – Wu Lei says his small construction company in central China has accepted commercial paper from property developer Evergrande as payment for two years but with that paper’s value now in doubt, his firm is on the verge of collapse. China Evergrande Group, saddled with more […]

September 16, 2021 By David Milliken LONDON (Reuters) – British businesses have reported a sharp rise in recruitment difficulties within the space of just a few weeks – partly as a result of a continued lack of European Union workers, official figures showed on Thursday. Some 41% of companies with 10 or more staff reported […]

September 16, 2021 LONDON (Reuters) -Global markets struggled to gain momentum on Thursday and U.S. stock futures pointed to a slightly lower open for Wall Street, weighed by concerns about a possible slowdown in the economic recovery from COVID-19. European equities gained, bucking the trend from a weak Asian session. Hong Kong’s Hang Seng index […]

September 16, 2021 (Reuters) -AMC Entertainment Holdings Inc boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by […]

September 16, 2021 By Ross Kerber (Reuters) – A New Jersey state treasury official said on Wednesday it is set to divest $182 million in Unilever Plc stock and bonds held by its pension funds over the restriction of sales by the consumer giant’s Ben & Jerry’s ice cream brand in Israeli-occupied Palestinian territories. It […]