Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down to a single topic. This time ’round we took a look into the world of on-demand delivery in Europe, with an especial focus on the so-called “instant” grocery sector, […]
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U.S. import prices post first decline in 10 months
September 15, 2021 By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for the first time in 10 months in August amid a decline in the costs of petroleum products, further evidence that inflation had probably peaked. Import prices dropped 0.3% last month after increasing 0.4% in July, the Labor Department said on Wednesday. […]
French prosecutor confirms raid of Lagardere’s offices
September 15, 2021 PARIS (Reuters) -The Paris headquarters of French media group Lagardere were raided on Tuesday as part of an investigation opened in April, French financial prosecutor’s office said on Wednesday. The prosecutor’s office said a judicial investigation had been opened on the suspected misuse of corporate assets, inaccurate accounts and false or misleading […]
UK inflation posts record jump to hit 9-year peak in August
September 15, 2021 By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s inflation rate hit its highest in almost a decade last month after a record jump that was largely fuelled by a rebound in restaurant prices which were artificially pushed down a year ago by government subsidies. Consumer prices in August rose by 3.2% […]
Biden to meet with Manchin, Sinema to discuss spending bill -Washington Post
September 15, 2021 WASHINGTON (Reuters) – President Joe Biden will meet separately with moderate Democratic U.S. senators Joe Manchin and Kyrsten Sinema on Wednesday to discuss Democrats’ reconciliation spending bill, a Washington Post reporter said on Twitter, citing an unidentified source familiar with the matter. An NBC reporter separately said NBC News had also confirmed […]
EU chief executive lays out plan to make bloc more independent
September 15, 2021 By Gabriela Baczynska and Robin Emmott STRASBOURG (Reuters) -The European Union’s chief executive set out plans on Wednesday to make the 27-nation bloc more independent in areas from defence to global trade, and urged other countries to join it in accelerating the fight against climate change. Ursula von der Leyen proposed the […]
Taliban seize $12.4 million from former top Afghan officials
September 15, 2021 LONDON (Reuters) – Afghanistan’s Taliban-controlled central bank said it had seized nearly $12.4 million in cash and gold from former top government officials on Wednesday, including former vice president Amrullah Saleh. In a statement, the central bank said the money and gold had been kept in officials’ houses, although it did not […]
Golf – Stenson named fifth and final vice captain for Europe’s Ryder Cup team
September 15, 2021 (Reuters) – Sweden’s Henrik Stenson will be the fifth and final vice captain for Team Europe at next week’s Ryder Cup, captain Padraig Harrington said on Wednesday. The 2016 Open champion has played in the Ryder Cup, a biennial team competition between the United States and Europe, five times and won on […]
YouTube TV expands its live TV service with more Spanish-language networks
Google’s streaming TV service, YouTube TV, announced today it’s adding more Spanish-language networks to its base membership package and is preparing to launch an add-on package that will include even more Spanish-language content. Starting today, all subscribers will gain access to three new TV networks at no additional cost: Univision, UniMás, and Galavisión. These will […]
Watch SpaceX launch the first all-civilian Inspiration4 mission to space live
After months of publicity, an NFT auction, and even a Netflix docu-series, it’s finally here: the four-person crew of Inspiration4 will be heading to space. What makes this launch different from any that came before it? None of the four people onboard are astronauts. The mission marks the first time that an all-civilian crew will […]
Wall Street set for slow start as economic uncertainty weighs
September 15, 2021 By Ambar Warrick (Reuters) – U.S. stock indexes were set for a muted open on Wednesday as a slowing economic recovery and uncertainty over higher taxes weighed on sentiment, even though signs of inflation peaking eased fears of an early cut to monetary stimulus. The S&P 500 had sunk to a more […]
Markets may be overestimating Delta’s impact on growth – ECB’s Schnabel
September 15, 2021 FRANKFURT (Reuters) – Real interest rates are puzzlingly low around the world, European Central Bank board member Isabel Schnabel said on Wednesday, arguing that investors may be overestimating the impact of the Delta variant of the coronavirus on the economy. With governments and central banks unleashing record stimulus to revive growth after […]
Chevron triples low-carbon investment, but avoids 2050 net-zero goals
September 15, 2021 By Sabrina Valle and Arunima Kumar (Reuters) -Chevron Corp on Tuesday pledged to triple to $10 billion its investments to reduce its carbon emissions footprint through 2028, while saying it was not yet ready to commit to a 2050 net-zero emissions target. Oil producers globally are under mounting pressure from investors and […]
Canadian National scraps $29.6 billion offer for Kansas City Southern
September 15, 2021 (Reuters) – Canadian National Railway Co said on Wednesday it would not proceed with its $29.6 billion offer for Kansas City Southern, citing regulatory hurdles and paving the way for the U.S. railroad to be bought by rival Canadian Pacific Railway Ltd. “There have been significant changes to the U.S. regulatory landscape […]
U.S. manufacturing output slows sharply in August
September 15, 2021 WASHINGTON (Reuters) – Production at U.S. factories slowed more than expected in August amid disruptions from Hurricane Ida and lingering shortages of raw materials and labor as the COVID-19 pandemic drags on. Manufacturing output increased 0.2% last month, the Federal Reserve said on Wednesday. Data for July was revised to show production […]
Gymnasts Simone Biles, Aly Raisman to testify in U.S. Senate sex abuse probe
September 15, 2021 By Sarah N. Lynch WASHINGTON (Reuters) – Olympic gymnasts Simone Biles and Aly Raisman will testify on Wednesday about the sexual abuse they suffered at the hands of disgraced USA Gymnastics doctor Larry Nassar, as the U.S. Senate examines why the FBI failed to investigate his crimes sooner. Biles and Raisman will […]
Exclusive: Lebanon draft policy statement says government committed to IMF talks
September 15, 2021 BEIRUT (Reuters) – Lebanon’s new cabinet is committed to resuming talks with the International Monetary Fund (IMF) for a short- and medium-term rescue programme, a draft of its policy statement obtained by Reuters showed on Wednesday. The government is due to meet on Thursday to approve the draft, which will then go […]
N.Korea criticizes S.Korea after missile test, warns of breakdown in relations – KCNA
September 15, 2021 SEOUL (Reuters) – South Korean President Moon Jae-in’s remarks that the South’s new missile systems can deter North Korea are illogical and regrettable and could damage relations, a senior North Korean official said on Wednesday, according to state media. Kim Yo Jong, sister of leader Kim Jong Un, said Moon’s remarks made […]
Thai lawmakers debate long-awaited legislation on torture, abductions
September 15, 2021 BANGKOK (Reuters) – Thailand’s parliament on Wednesday started debating draft legislation outlawing torture and enforced disappearance, following years of delay and civil society outrage over alleged abuses and impunity among law enforcement personnel. A draft bill designed to prevent and punish rogue state officials who abduct and torture suspects was initially approved […]
North and South Korea conduct duelling missile tests as arms race heats up
September 15, 2021 By Hyonhee Shin and Josh Smith SEOUL (Reuters) – North Korea and South Korea test fired ballistic missiles on Wednesday, the latest volley in an arms race https://ift.tt/2QT36dm that has seen both countries develop increasingly sophisticated weapons while efforts to get talks going on defusing tension prove fruitless. South Korea tested a […]