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September 13, 2021 By William Schomberg LONDON (Reuters) -British businesses demanded that finance minister Rishi Sunak stop raising their taxes and instead offer more help to meet the challenges of Brexit, COVID-19 and climate change when he makes major budget statements next month. The Confederation of British Industry urged Sunak to “flip business taxation on […]

September 13, 2021 (Reuters) – Billionaire Chris Hohn’s TCI Fund Management nominated four independent directors to Canadian National’s board, a day after Kansas City Southern divulged plans to accept a buyout offer from Canadian Pacific Railway Ltd. Canadian Pacific has offered $27.2 billion in a cash-and-stock deal, compared with Canadian National’s $29.6 billion offer. “We […]

September 13, 2021 By Paul Lienert and Heekyong Yang (Reuters) – General Motors Co is taking a more direct role with South Korea’s LG Corp, its longtime electric vehicle partner, in tracking down and fixing problems linked to battery fires in Chevrolet Bolts that threaten the strategic plans of both companies. At an investor conference on […]

September 13, 2021 By Francois Murphy VIENNA (Reuters) – Western powers on Monday scrapped plans for a resolution criticising Iran at the U.N. atomic watchdog after Tehran agreed to prolong monitoring of some nuclear activities, even though the watchdog said Iran made no “promise” on another key issue. The decision by the United States, France, […]

September 13, 2021 JERUSALEM (Reuters) – A Palestinian stabbed and wounded two people in a Jerusalem cosmetics shop on Monday before being shot and wounded by police, Israeli officials said, amid heightened tensions since a prison escape by Palestinian inmates a week ago. The incident came hours after a Palestinian used a screwdriver to try […]

As if the Boston startup market needed additional momentum, it appears restaurant software startup Toast will dramatically bolster its valuation in its upcoming IPO. For a city perhaps best known internationally for its hard tech and biotech efforts, to see Toast not only rebound from its early-pandemic layoffs to a public debut, but to target […]

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]

September 13, 2021 By Sudipto Ganguly (Reuters) – The coronation of new champions Emma Raducanu and Daniil Medvedev left tennis fans salivating at the prospect of what is to come as the curtain dropped on Grand Slam tennis for another year at the end of the U.S. Open on Sunday. The fans were back at […]

September 13, 2021 LONDON (Reuters) – Amazon, Google and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing, a senior Bank of England official said on Monday. The BoE, along with regulators in Europe and the United States, is worried about the reliance of […]

September 13, 2021 By Kenneth Li (Reuters) – Michael Friedenberg, president of Reuters, on Monday said he will leave the company at the end of 2021. In a company memo Thomson Reuters Corp, the parent company of Reuters, said a search will begin shortly for a new Reuters president. Friedenberg’s departure caps a three-year run […]

Kris Holt Contributor Share on Twitter Kris Holt is a contributing writer at Engadget. More posts by this contributor The Marvel Unlimited comics app just got a major overhaul Locast suspends local TV streaming service in wake of court ruling The next Marvel Cinematic Universe show will premiere on Disney+ in November and, appropriately enough, […]

One. More. Week. Just seven days until more than 10,000 people around the world storm the internet to attend TechCrunch Disrupt 2021 on September 21-23. We’re talking three event- and programming-packed days focused on anything — and everything — related to early-stage tech startups. You’ll hear from iconic founders, unicorn makers, boundary-benders — all of […]

JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating including Owl Rock, Whale Rock Capital, Sands Capital and Endeavor Catalyst along with existing investors General […]

September 13, 2021 (Reuters) – Walmart Inc said on Monday it has partnered with litecoin to allow its customers to make payments with cryptocurrencies. “Starting October 1st, all eCommerce stores will have implemented a ‘Pay with Litecoin Option’,” Walmart Chief Executive Officer Doug McMillon said. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Amy Caren […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]

Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country — which pertains to taxi […]

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor A Chinese EV startup wants to build a ridable robot unicorn for kids Continental’s eco-friendly concept tire includes a renewable tread The US Defense Department’s ambitions beyond Earth just grew a little clearer. SpaceNews has learned the department recently […]

September 13, 2021 LONDON (Reuters) -British engineering companies Rolls-Royce and Babcock International Group are to sell their minority stakes in UK military refuelling jet-owner AirTanker Holdings to Equitix Investment Management as part of efforts to reduce debts. Rolls-Royce said on Monday it agreed a 189 million pound ($261.39 million) deal with the private infrastructure investor […]

With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, International freight forwarding is now a $199 billion market. And the evidence is mounting. In November last year, digital freight forwarder Forto raises another $50M in a round led […]

September 13, 2021 By David Kirton SHENZHEN, China (Reuters) -Chaotic scenes erupted at the headquarters of cash-strapped developer China Evergrande Group on Monday, as roughly 100 disgruntled investors crowded its lobby to demand repayment of loans and financial products. Around midday, more than 60 uniformed security personnel formed a wall in front of the main […]