September 24, 2021 By Lewis Krauskopf and Tommy Wilkes LONDON (Reuters) – World stocks largely slipped on Friday as worries over fallout from debt-laden China Evergrande persisted, while bond yields in Europe and the U.S. pushed higher after hawkish stances from central banks. MSCI’s gauge of stocks across the globe shed 0.28% after three days […]
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As Fed readies for taper, Chair Powell convenes listening event
September 24, 2021 (Reuters) – Days after reaching broad consensus that labor markets have healed enough for the Federal Reserve to soon begin withdrawing support, Fed Chair Jerome Powell on Friday convened a listening session with a broad range of economic players to learn more about the still uncertain outlook. Powell’s prepared remarks did not […]
HSBC, StanChart may face secondary shockwaves from Evergrande crisis -analysts
September 24, 2021 By Lawrence White and Carolyn Cohn LONDON (Reuters) – HSBC and Standard Chartered could face spillover damage to their profits and balance sheets from the debt crisis enveloping China Evergrande Group even though the two banks say they have limited their direct exposure, analysts have warned. Other banks and insurers could also […]
WPP pays $19 million in settlement with U.S. SEC
September 24, 2021 By Katanga Johnson WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) said on Friday that Britain’s WPP had agreed to pay more than $19 million to resolve charges that it violated the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA). The world’s […]
‘Loss and pain’: Families testify at Dutch MH17 trial
September 24, 2021 AMSTERDAM (Reuters) – A woman whose daughter was among 298 people who died when a Malaysia Airlines jet was shot down over Ukraine said on Friday she wanted to look the suspects in the eye and “make them feel our loss and pain”. Relatives of the victims of flight MH17, brought down […]
DJI Mavic 3 drone leak details improved camera and a 46-minute flight time
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor ‘Flying’ microchips could ride the wind to track air pollution Netflix is acquiring the rights to Roald Dahl’s books DJI’s upcoming Mavic 3 Pro drone may be a big upgrade over the last model, according to leaks from DroneDJ […]
Brussels to Poland: protect human lives, allow EU guards to Belarus border
September 24, 2021 By Gabriela Baczynska BRUSSELS (Reuters) -The EU executive expressed concern on Friday over the plight of migrants stuck on the Polish-Belarusian border and urged Warsaw to allow the bloc’s joint frontier force Frontex to provide assistance in policing the area. Three migrants died on the Polish side of the border and one […]
Hundreds of strikers block road to Rome airport, disrupt flights
September 24, 2021 FIUMICINO, Italy (Reuters) – Hundreds of striking air workers blocked the highway to Rome’s main airport on Friday as they called on the government to avoid job losses in the transition between Alitalia and a new carrier dubbed ITA. The protesters sat down in the middle of the road linking Fiumicino airport […]
France’s Macron urges Lebanon to push ahead with reforms, swift IMF talks
September 24, 2021 PARIS (Reuters) -French President Emmanuel Macron urged Beirut on Friday to implement urgent reform measures and push ahead with International Monetary Fund (IMF) talks, adding that France would continue to support Lebanon. Macron made his comments after meeting Lebanon’s Prime Minister Najib Mikati, who is on his first foreign trip after successfully […]
UK disputes claim by Brazil’s Bolsonaro that Johnson sought emergency food deal
September 24, 2021 BRASILIA (Reuters) -Brazilian President Jair Bolsonaro said on Thursday that British Prime Minister Boris Johnson, whom he met this week in New York, asked him for an emergency agreement to supply a food product Britain lacks. A spokesperson for Johnson’s office disputed Bolsonaro’s account, saying that was not Downing Street’s recollection of […]
Tunisia labour union rejects Saied power grab, widening opposition
September 24, 2021 By Tarek Amara and Angus McDowall TUNIS (Reuters) -Tunisia’s influential labour union on Friday rejected key elements of President Kais Saied’s seizure of near total power and warned of a threat to democracy as opposition widened against a move his foes call a coup. Saied this week brushed aside much of the […]
Brazil ag minister and Bolsonaro’s son test positive for COVID-19
September 24, 2021 By Gabriel Araujo and Pedro Fonseca SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian Agriculture Minister Tereza Cristina and President Jair Bolsonaro’s son Eduardo announced on Friday that they have tested positive for COVID-19, bringing to three the number of close aides to the president recently diagnosed with the virus. The news comes three […]
Exclusive-U.N. migration body asks Brazil to receive Haitians on U.S.-Mexico border – sources
September 24, 2021 By Gabriel Stargardter and Lisandra Paraguassu RIO DE JANEIRO (Reuters) – The International Organization for Migration (IOM) has formally asked Brazil whether it would receive some Haitians camped along the U.S.-Mexico border hoping to enter the United States, according to two sources with knowledge of the request. Brazil’s foreign ministry said in […]
Bootstrapping in 2021 goes a long way
The boom in venture capital fundraising that the technology startup market has enjoyed since the back half of 2020 has been eye-popping. Record sums have been disbursed around the world as more firms entered the fray to invest in startups, and the late-stage capital flowed like water. But while the venture capital game seemed to […]
EU warns Russia over ‘Ghostwriter’ hacking ahead of German elections
The European Union has warned it may take action over Russia’s involvement in “malicious cyber activities” against several EU member states. The “Ghostwriter” campaign targeted “numerous members of Parliaments, government officials, politicians, and members of the press and civil society in the EU”, according to a press release from the European Council on Friday, and was […]
AI tradeoffs: Balancing powerful models and potential biases
Andrea Gagliano Contributor Share on Twitter Andrea Gagliano is head of data science at Getty Images. As developers unlock new AI tools, the risk for perpetuating harmful biases becomes increasingly high — especially on the heels of a year like 2020, which reimagined many of our social and cultural norms upon which AI algorithms have […]
And the winner of Startup Battlefield is…
Natasha and Mary Ann and Alex were all aboard this week under the guidance of Chris and Grace, along with TechCrunch’s Neesha Tambe. Neesha is one of our best and is the leading light of the Startup Battlefield event at our yearly Disrupt conference. That made her the perfect guest — that’s precisely what we discussed on the show today. From a tight […]
British royal Kate meets new queen of tennis Raducanu
September 24, 2021 LONDON (Reuters) – British royal Kate, the Duchess of Cambridge, joined Britain’s new queen of tennis Emma Raducanu on court on Friday to celebrate the newly crowned U.S. Open Champion’s achievement. Raducanu, 18, shot to fame this month after she became Britain’s first female Grand Slam champion for 44 years. She joined […]
Boxing – Usyk at heaviest weight ahead of Joshua clash
September 24, 2021 LONDON (Reuters) – Ukraine’s Oleksandr Usyk weighed in at the heaviest of his career ahead of his heavyweight world title clash against IBF, WBA and WBO champion Anthony Joshua on Friday. Usyk, the former undisputed cruiserweight champion who has only had two heavyweight bouts, tipped the scales at 15st 11lbs while Joshua […]
UK consumer morale wilts under cost-of-living crisis
September 24, 2021 By Andy Bruce LONDON (Reuters) – Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more downbeat about the economic outlook, and retail sales slowed, surveys showed on Friday. The GfK Consumer Confidence Index fell to -13 in […]