News

Following a record-breaking second quarter, venture capitalists around the world stayed busy in Q3, investing astronomical sums into global startups. Since the back half of 2020 kicked off and the venture capital and startup worlds discovered that COVID and its related economic impacts were largely set to miss the upstart technology market, investors have been […]

If you’re building a startup to the stars, you’ll find an un-earthly amount of opportunity waiting for you at TC Sessions: Space 2021 on December 14-15. This virtual two-day conference focuses on all aspects of a sector — both public and private — that’s thrilling, complex and expanding at an incredible pace. You won’t find […]

October 7, 2021 By Wilfredo Pineda and Nelson Renteria EL ZONTE, El Salvador (Reuters) – A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars sent daily by migrants using the cryptocurrency. But only a […]

October 7, 2021 By Marc Jones LONDON (Reuters) – Investment bank JPMorgan has estimated that troubled Chinese property giant Evergrande and many of its major rivals have billions of dollars worth of off-balance sheet debt that, once added on, ramp up their leverage ratios. JPMorgan’s China and Hong Kong property analysts said the tactic is […]

October 7, 2021 By Guy Faulconbridge and Natalie Thomas CANTERBURY, England (Reuters) – Europe should greet migrants with compassion rather than barbed wire and the British government is “rather nasty” about those who seek asylum, said Tanzanian writer Abdulrazak Gurnah, who won the 2021 Nobel Prize in Literature. Gurnah, who explored the legacies of imperialism […]

October 7, 2021 DUBLIN (Reuters) -Ireland has received assurances that if it agrees to a new global minimum corporate tax rate of 15% it can maintain its 12.5% rate for firms with annual turnover below 750 million euros ($867 million), Deputy Prime Minister Leo Varadkar said. Irish ministers are due to meet on Thursday to […]

October 7, 2021 By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s president unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022 on Thursday, with a projected 25% year-on-year rise in government spending as the economy struggles with the impact of the pandemic. The deficit will rise to 6.26 trillion naira, or […]

October 7, 2021 By Martyn Herman LONDON (Reuters) – A Saudi-Arabian backed consortium completed its purchase of Premier League club Newcastle United on Thursday as a long-running takeover saga finally reached the conclusion the majority of the club’s supporters desired. Fourteen months after Saudi Arabia’s Public Investment Fund (PIF) withdrew a 305 million pounds ($415.07 […]

October 7, 2021 By Kate Abnett BRUSSELS (Reuters) – The United States and European Union’s climate envoys urged China to step up its targets to cut emissions on Thursday, adding to the pressure on the world’s biggest emitter ahead of the COP26 conference in Glasgow. With three weeks to go until the United Nations’ COP26 […]

October 7, 2021 RABAT (Reuters) -Morocco’s King Mohammed named a new government on Thursday after last month’s election, keeping the foreign and interior ministers in place but appointing Nadia Fettah Alaoui as finance minister, the state news agency reported. In a monarchy where the king has final say on all major decisions, the new government’s […]

October 7, 2021 SAO PAULO (Reuters) – When 13-year-old Mariangela Pereira da Silva was accosted by a strange man near her home earlier this year she was frightened. She felt she had to do something and a bar of chocolate helped her reach a decision. A local NGO was offering chocolate to anyone who wanted […]

October 7, 2021 (Reuters) – Montreal Canadiens goalie Carey Price, who backstopped his team to last season’s Stanley Cup Final, is voluntarily stepping away from the club to enter the NHL/NHLPA player assistance program, the league and union said on Thursday. The National Hockey League and NHL Players’ Association announced Price’s decision in a joint […]

October 7, 2021 By Nandita Bose WASHINGTON (Reuters) – Vice President Kamala Harris said on Thursday a labor report commissioned by President Joe Biden in April on ways existing policies can boost unions and promote labor organizing will be released on Oct.23. Harris delivered remarks during the second meeting of the White House labor task […]

October 7, 2021 By Philip Pullella ROME (Reuters) – Pope Francis, closing a peace meeting of world religions, called the arms trade a bane of humanity on Thursday, saying that money spent on weapons should be diverted to feed the hungry and distribute vaccines fairly. “Fewer arms and more food, less hypocrisy and more transparency, […]

October 7, 2021 By Mark Hosenball WASHINGTON (Reuters) – The career diplomat U.S. President Joe Biden named to lead the Central Intelligence Agency is creating a high-level unit aimed at sharpening the agency’s focus on China, at a time of tense relations between the world’s two largest economies. CIA Director William Burns said on Thursday […]

October 7, 2021 BRUSSELS (Reuters) – U.S. national security adviser Jake Sullivan said on Thursday his talks with China’s top diplomat Yang Jiechi in Switzerlandon Wednesday had avoided the acrimony of the past and that more such meetings were needed to handle bilateral tensions. “The talks were productive in the sense that it was a […]

October 7, 2021 By John McCrank NEW YORK (Reuters) – The head of the New York Stock Exchange on Thursday called for regulators to change rules that make it difficult for the NYSE to compete for stock orders, as the market share of exchanges has dwindled versus off-exchange trading platforms during the retail trading boom. […]

October 7, 2021 By Tom Wilson LONDON (Reuters) – Ireland is part of major cryptocurrency exchange Binance’s plans to establish a number of headquarters across the world, its CEO told Reuters on Thursday. Regulators across the world have in recent months scrutinised Binance, the world’s largest exchange by trading volumes. Some have banned the platform […]

October 7, 2021 By Sruthi Shankar and Susan Mathew (Reuters) – European stocks marked their best showing since July on Thursday, as easing oil and gas prices offered relief to investors worried about runaway inflation, while positive earnings updates added to the upbeat sentiment. The pan-European STOXX 600 index rose 1.6% to reverse weekly losses, […]

October 7, 2021 (Reuters) – IBM said on Thursday it requires all U.S. employees to be fully vaccinated against COVID-19 by Dec. 8, or they will face unpaid suspension. This comes in the light of U.S. President Joe Biden’s mandate last month ordering all federal workers and contractors to be vaccinated, with a few exceptions, […]