News

October 6, 2021 (This October 5 story has been corrected to attribute the investment total of $21 bln to the World Bank Group, not IFC in paragraph 10) By Simon Jessop LONDON (Reuters) – Climate change is “the greatest commercial opportunity” facing the world, but more needs to be done to boost private sector investment […]

October 6, 2021 (Reuters) -Facebook Inc has slowed down the rollout of new products in recent days, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Executives at the social media company have also put a hold on some work on existing products, the report said. (https://on.wsj.com/3uQEbXF) Facebook did not immediately […]

October 6, 2021 (Reuters) – Soaring energy prices caused alarm among European leaders and sent shivers through global markets on Wednesday, raising concerns of a winter fuel crisis that could play into the hands of gas-rich Russia. U.S. oil prices briefly touched their highest in almost seven years and natural gas prices were at record […]

October 6, 2021 MEXICO CITY (Reuters) – Japanese automaker Nissan will carry out temporary work stoppages at two Mexican plants for several days in October because of production adjustments needed to manage a shortage of semiconductor chips, its Mexico unit said on Wednesday. Nissan will halt operations at its plant 2 in the central state […]

October 6, 2021 By Manojna Maddipatla (Reuters) – Several U.S. companies are looking to prioritize employee well-being by offering perks such as home delivery of meals and subsidized furniture to meet the rigors of working from home, a survey showed on Wednesday. One of five employers have such plans for next year, according to early […]

GM plans to roll out a new, more capable hands-free driving assistance system in 2023 that will be able to handle 95% of all driving scenarios and eventually be used on every paved road in the U.S. and Canada. The automaker revealed the new Ultra Cruise system, along with some details on how it functions, […]

October 6, 2021 By Corina Pons and Clara-Laeila Laudette MADRID (Reuters) – Spanish fashionista Blanca Lorca once swore by high heels and fitted clothes for the office, but the COVID-19 lockdown has transformed her style sense and shopping habits. After months working from her sleek Madrid flat, the 31-year-old pharmaceutical company employee is now dressing […]

October 6, 2021 By Paresh Dave (Reuters) – Alphabet Inc’s Google cut fuel use and traffic delays by 10% to 20% at four locations in Israel by using artificial intelligence to optimize signal lights and it next plans to test the software in Rio de Janeiro, the company said on Wednesday. The early-phase research project […]

October 6, 2021 By Marcelo Rochabrun LIMA (Reuters) – An indigenous community in Peru’s Espinar province has blocked a key mining road, a local leader told Reuters on Wednesday, in protest against the government and Glencore’s Antapaccay copper mine. The conflict comes a day after the government defused a similar standoff in nearby Chumbivilcas https://ift.tt/3BhhP40. […]

October 6, 2021 By John Irish PARIS (Reuters) – A dispute between Paris and Washington over Australia’s decision to ditch a submarine procurement contract remains serious and unresolved, French Foreign Minister Jean-Yves Le Drian said on Wednesday, despite what he said were substantive talks in Paris with the top U.S. diplomat. The transatlantic row was […]

October 6, 2021 NICOSIA (Reuters) – A court in Cyprus on Wednesday extended the detention of a man that Israel alleges was a would-be assassin recruited by Iran to attack Israeli businesspeople on the island. The man was arrested in the Cypriot capital Nicosia on Sept. 27. Police say that when he was intercepted a […]

October 6, 2021 BRUSSELS (Reuters) -NATO has expelled eight members of Russia’s mission to the alliance who were “undeclared Russian intelligence officers”, a NATO official said on Wednesday, the latest deterioration in East-West ties that are already at post-Cold War lows. The expulsion of the Russians was reported earlier by Sky News, which said Moscow’s […]

October 6, 2021 By Kate Abnett BRUSSELS (Reuters) – The European Union said on Wednesday it would examine the way its power market is run and consider proposals to revamp regulations within the bloc, as it seeks to keep plans to tackle climate change on track amid record-high energy costs. European electricity and gas prices […]

October 6, 2021 CHISINAU (Reuters) – Moldova’s pro-western president Maia Sandu appointed an acting prosecutor general on Wednesday a day after the previous holder was suspended and detained. Sandu, who came to power last year promising to tackle entrenched corruption, said the removal of Alexandru Stoianoglo was needed to meet Moldovans’ hopes for justice. Stoianoglo […]

TechCrunch Sessions is back! On October 27, we’re taking on the ferociously competitive field of software as a service (SaaS), and we’re thrilled to announce our final packed agenda, overflowing with some of the biggest names and most exciting startups in the industry. And you’re in luck, because $75 early-bird tickets are still on sale — […]

Video sharing platforms that offer a service in the UK have to comply with new regulations intended to protect users and under 18s from harmful content such as hate speech and videos/ads likely to incite violence again protected groups. Ofcom, the country’s comms, broadcast and — in an expanding role — Internet content regulator, has […]

Move over, precision agriculture — precision apiculture is what’s on the minds of all future-focused farmers. BeeHero has been growing fast since its debut and seed round last year, and $19M in new funding means it can scale beyond its initial markets and find more uses for its one-of-a-kind collection of data collected from thousands […]

October 6, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – The intense Washington-Beijing tariff war of 2018 has been put on ice since Donald Trump vacated the White House, but investors are wary of how markets reacted to the original escalation as Sino-U.S. trade relations return to the agenda this week. The trade standoff between […]

October 6, 2021 (Reuters) -Twitch, a live-streaming platform for video gamers, has suffered a data breach, the Amazon.com Inc-owned company said on Wednesday, without providing further details. “We can confirm a breach has taken place. Our teams are working with urgency to understand the extent of this. We will update the community as soon as […]

October 6, 2021 By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+’s decision on Monday to stick with a plan to raise oil output modestly and gradually, despite prices surging to multi-year highs, was partly driven by concern that demand and prices could weaken, sources close to the group told Reuters. The […]