News

October 1, 2021 By Juan Medina and Marco Trujillo MADRID (Reuters) -Lava flowed from a newly opened crack in the Cumbre Vieja volcano on Spain’s La Palma on Friday, carving a different path from previous flows and raising fears of more destruction, while fine ash forced islanders to don masks and goggles. A river of […]

October 1, 2021 By Henry Esquivel NECOCLI, Colombia (Reuters) – An influx of thousands of mostly Haitian migrants seeking transport northward toward the United States is pushing locals in the Colombian beach town of Necocli out of housing, residents said, as landlords favor migrants able to pay in dollars. The backlog of migrants waiting in […]

Electric vehicle startup Rivian, which just started deliveries of its R1T pickup truck , released its filing to become a publicly traded company in the United States. The S-1 document, which was filed Friday with the U.S. Securities and Exchange Commission, does not include terms for its offering. The company filed confidentially for its IPO […]

October 1, 2021 By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission plans to soon release its long-awaited report on the GameStop trading saga and it could have implications for brokerages, wholesale market makers, exchanges, and retail investors. The SEC report is expected to address the issues around the market chaos […]

October 1, 2021 BELFAST (Reuters) – British Prime Minister Boris Johnson said on Friday that Northern Ireland’s contentious post-Brexit trading arrangements could work in principle if they were “fixed” but warned the EU they would be “ditched” if not. The Northern Ireland protocol was part of the Brexit divorce settlement Johnson negotiated with the European […]

October 1, 2021 MEXICO CITY (Reuters) – U.S. Deputy National Security Adviser Daleep Singh and Panama’s President Laurentino Cortizo discussed Panama’s infrastructure needs and transparency in a meeting, according to a White House statement on Friday. The meeting also included Cortizo’s cabinet members, representatives of the Panama Canal Authority, and private sector business leaders, the […]

October 1, 2021 By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said 3,700 employees had been temporarily furloughed after Congress failed to reauthorize surface transportation programs before a deadline that expired early on Friday. A department spokesperson said the agency is “taking every step we can to mitigate the impacts of this temporary lapse […]

October 1, 2021 (Reuters) – Enterprise software developer Informatica Inc on Friday filed for an initial public offering in the United States, paving the way for a return to the public markets more than six years after being taken private. (Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi) Source Link Enterprise software firm […]

October 1, 2021 (Reuters) – U.S. tractor maker Deere & Co and the United Auto Workers (UAW) union on Friday agreed on a new six-year labor contract that will be subject to a vote by the company workers. The tentative deal will cover about 10,100 production and maintenance employees across 12 facilities in Iowa, Illinois, […]

October 1, 2021 By Paul Carrel and Thomas Escritt BERLIN (Reuters) -Germany’s Greens and Free Democrats met on Friday for a second round of talks to explore possible common ground on which to form a new coalition government with either the Social Democrats or the conservatives, both of whom are courting them. The Greens and […]

October 1, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]

October 1, 2021 (Reuters) – Canadian citizen Michael Spavor said on Friday that he was overjoyed to be reunited with his family after being released from jail in China last week. ‘I’m overjoyed to be finally reunited with my family. It’s humbling as I begin to understand the continued support that we’ve received from Canadians […]

October 1, 2021 QUITO/GUAYAQUIL, Ecuador (Reuters) -Ecuador is planning to pardon up to 2,000 inmates in order to relieve overcrowding at its detention centers after 118 inmates died and a further 79 were injured in the country’s worst-ever prison riot earlier this week, an official said on Friday. Bolivar Garzon, the director of the South […]

Most big accelerators tend to dedicate some of their resources to dauntingly hard science problems and the companies taking them on… but for SOSV’s IndieBio, it’s the primary focus. Last time we checked in with IndieBio, their companies were working on everything from lozenges to treat gum disease, to vertical farms for the sustainable production […]

October 1, 2021 (Reuters) – Former British prime minister David Cameron is being investigated for the second time this year by the lobbying regulator over whether he should have registered as a consultant lobbyist, the Financial Times reported on Friday. According to the newspaper, the Office of the Registrar of Consultant Lobbyists is investigating Cameron […]

October 1, 2021 MEXICO CITY (Reuters) -Mexico has sent a proposed electricity reform to Congress seeking to boost the role of the state power utility, marking another effort by President Andres Manuel Lopez Obrador to roll back the last government’s liberalization of the energy market. The bill, which also calls for the government to be […]

New companies face innumerable challenges around fine-tuning their product and constructing the appropriate revenue model. You may be looking ahead to raising some funds and trying to juggle the administrative aspects of running a business, but before all that, the purpose of your company is to sell your solution and generate revenue. But to do […]

October 1, 2021 By Gertrude Chavez-Dreyfuss and Tom Wilson NEW YORK/LONDON (Reuters) -Bitcoin rose on Friday to its highest level since around mid-September, bolstered in part by seasonal factors as well as supportive comments overall from Federal Reserve Chairman Jerome Powell on Thursday. Powell, in testimony to Congress, said the Fed has no intention of […]

October 1, 2021 By Hyonhee Shin SEOUL (Reuters) – North Korea fired a newly developed anti-aircraft missile on Thursday, state media KCNA reported, the latest in a recent series of weapons tests that has come as denuclearisation talks with the United States have been in deadlock. It was North Korea’s second known weapons test this […]

October 1, 2021 CARACAS (Reuters) -Venezuela on Friday launched its second monetary overhaul in three years by cutting six zeros from the bolivar currency in response to hyperinflation, simplifying accounting but doing little to ease the South American nation’s economic crisis. The plan seeks to makes accounting more straightforward at businesses and banks, where systems […]