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October 6, 2021 By Sruthi Shankar and Susan Mathew (Reuters) – Automakers, retail and travel shares fell more than 2.5% on Wednesday, leading declines across all major sectors in Europe as soaring oil and gas prices intensified concerns inflation will dent economic growth. The pan-European STOXX 600 index fell 1%, giving back almost all of […]

October 6, 2021 By Joseph White and Ben Klayman DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra told investors Wednesday the automaker plans to double revenue by 2030, expanding profits from combustion vehicles as it rolls out new electric vehicles and new digitally-powered services in a bid to catch up with Tesla Inc. […]

October 6, 2021 MEXICO CITY/SAO PAULO (Reuters) – Automotive production in Brazil and Mexico, Latin America’s two largest economies, plummeted in September, dragged down by an industry-wide semiconductor chip shortage and railroad blockades in Mexico, data showed on Wednesday. Brazilian auto production was down 21.3% to 173,287 units in September from the same month in […]

October 6, 2021 By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -Global equity markets slid and the dollar rose on Wednesday after a strong private payrolls report and surging energy prices fueled the inflation outlook and expectations the Federal Reserve will soon taper its massive bond purchases. U.S. private payrolls increased by 568,000 jobs […]

Sean Herman Contributor Share on Twitter Sean Herman is the CEO of Kinzoo, a kid tech company based in Vancouver, BC, and is the author of “Screen Captured: Helping Families Explore the Digital World in the Age of Manipulation.” In a blog post announcing plans to temporarily stop developing a new app targeted at children, […]

A new proposed law would compel businesses in the U.S. to disclose any ransomware payments within 48 hours of the transaction. The bicameral Ransom Disclosure Act, drafted by Sen. Elizabeth Warren and Rep. Deborah Ross, would mandate companies and organizations — though not individuals — to provide the U.S. Department of Homeland Security data on […]

Regions once overlooked by the venture capital industry are racking up impressive investment totals in recent quarters. African startups, for example, were long ignored by the global VC scene, with totals for the continent’s upstart technology companies representing a fraction of a fraction of the funds made available to other regions’ next-generation companies. But in […]

October 6, 2021 By Alan Baldwin (Reuters) – Lewis Hamilton clinched his seventh Formula One world championship in Turkey last year while Max Verstappen had a race to forget, but this time the title remains wide open and the Dutch driver could be the one celebrating on Sunday. Only two points separate Mercedes’ championship leader […]

October 6, 2021 (Reuters) – Formula One statistics for Sunday’s Turkish Grand Prix at the Istanbul Park circuit, round 16 of the Formula One world championship: Lap distance: 5.338km. Total distance: 309.396km (58 laps) 2020 pole position: Lance Stroll (Canada) Racing Point, one minute 47.765 seconds. 2020 winner: Lewis Hamilton (Britain) Mercedes Race lap record: […]

October 6, 2021 BERLIN (Reuters) – U.S. technology platform ServiceNow is entering into a strategic partnership with German software company Celonis to help customers identify workflow processes that can be automated, the two companies said on Wednesday. The partnership includes ServiceNow making an unspecified investment in Celonis and will combine ServiceNow’s workflow platform with the […]

October 6, 2021 WASHINGTON (Reuters) – U.S. Deputy Attorney General Lisa Monaco on Wednesday unveiled two new Justice Department enforcement initiatives aimed targeting cryptocurrencies and government contractors who fail to report cyber breaches. (Reporting by Chris Bing; Writing by Sarah N. Lynch; Editing by Mark Porter) Source Link U.S. Justice Dept launches new initiatives on […]

October 6, 2021 By Sheila Dang (Reuters) – Pinterest will roll out new features for brands to promote products and ideas to users, the digital pinboard company said Wednesday, part of an effort to grow online shopping on its site. The features come as social media rivals including Facebook, TikTok and Snap Inc compete for […]

October 6, 2021 By Hereward Holland KINSHASA (Reuters) – Perched on a corner of the stage at La Septente, an open-air club in Democratic Republic of Congo’s capital Kinshasa, Manda Chante sings the lilting opening to “Independence Cha Cha”, an old anthem for African anti-colonial movements. The song debuted one evening in Brussels in February […]

October 6, 2021 LONDON (Reuters) – England defender Fikayo Tomori says playing under the gaze of Italian great Paolo Maldini at AC Milan has helped him produce the form to earn a recall to Gareth Southgate’s squad. The former Chelsea defender, who joined the Serie A club in June after an impressive loan spell, is […]

October 6, 2021 By Philip Blenkinsop BRUSSELS (Reuters) – The European Union’s public health agency is proposing a revision of COVID-19 rules which could ease travel for vaccinated people and drop a colour-coded system that limits trips to and from areas with high levels of infections. The European Centre for Disease Prevention and Control (ECDC) […]

October 6, 2021 LONDON (Reuters) – Dubai’s Sheikh Mohammed bin Rashid al-Maktoum on Wednesday rejected the findings https://ift.tt/3Aj9cEG by a British court that he had hacked the phones of his ex-wife and her lawyers, saying the rulings were unfair and based on an incomplete picture. “I have always denied the allegations made against me and […]

GM said Wednesday it will double its revenues by 2030 and take over the market share of EVs — a spot that Tesla currently enjoys — all while increasing profit margins for its internal combustion engine vehicles. The ambitious goal, outlined during GM’s two-day investor event that kicked off Wednesday, will be reached by selling […]

October 6, 2021 By Paul Lorgerie ANSONGO, Mali (Reuters) – When the soldiers reached the end of the road, they descended from their trucks and motorbikes and partially deflated the tyres to make it easier going across the soft terrain of eastern Mali. Then they rumbled onwards in the moonlight along a grassy trail that […]

October 6, 2021 By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopian Prime Minister Abiy Ahmed on Wednesday re-nominated his finance and foreign affairs to remain in his new cabinet, but shuffled other positions to include leaders from small opposition parties. Abiy’s government won June’s election in a landslide, and will face little opposition in parliament after […]

October 6, 2021 By Mircely Guanipa PUNTA CARDON, Venezuela (Reuters) – Rebeca Reyes furiously scrubbed black tar from her kids’ arms after they swam in waters tainted by crude oil during a recent outing to Venezuela’s Punta Cardon beach. A breach in an undersea pipeline owned by state-run oil company PDVSA that had gushed for […]