News

September 24, 2021 LONDON (Reuters) – Britain’s busiest airport, Heathrow, said on Friday that a systems failure is affecting the e-gates which allow people to cross the border in the airport, adding that the issue was also affecting other points of entry. The e-gates are staffed and operate by Britain’s Border Force. “Our teams are […]

September 24, 2021 LONDON (Reuters) -The lobby group that represents Britain’s retail industry said on Friday that unless more drivers are found in 10 days to alleviate an acute shortage then significant disruption in the run-up to Christmas is inevitable. “HGV drivers are the glue which hold our supply chains together. Without them, we are […]

September 24, 2021 By Huw Jones LONDON (Reuters) – Top banks and asset managers have thrown their weight behind proposals in Britain to scrap curbs on share trading after billions of euros in daily stock dealings left London for Amsterdam due to Brexit. The finance ministry proposed the changes in its review of wholesale capital […]

September 24, 2021 (Reuters) – The Federal Reserve should start reducing its support for the economy in November and could start raising interest rates by the end of next year should labor markets continue to improve as expected, Cleveland Federal Reserve Bank President Loretta Mester said on Friday. The Fed promised to keep buying $120 […]

September 24, 2021 MILAN (Reuters) – Generali’s appointment committee decided on Friday to propose to the board that it finalise a slate of nominees for the board renewal keeping Chief Executive Philippe Donnet in his job for another mandate, two sources close to the situation told Reuters. The resolution of the appointment committee, which was […]

September 24, 2021 (Reuters) – Global money market funds attracted large inflows in the week to Sept. 22, as expectations that the Federal Reserve might soon start tapering its stimulus measures made investors cautious. Troubles at property group China Evergrande also affected sentiment, raising concerns about spillover risks to other economies. Investors purchased a net […]

Just two months after securing $2 million in pre-seed funding, plant-based pudding startup Noops is announcing an additional $2 million round led by Lerer Hippeau. The Long Island-based company was founded in 2019 by Hungryroot co-founder Gregory Harry Struck after he adopted a plant-based diet while battling cancer. “It was born out of a need […]

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 Amazon is working on a number of new devices including an Echo with a 15-inch wall-mounted display, a soundbar, new […]

Avenue launched Friday to give operations their own tools to monitor teams, and is building a “command center” for this area of business that is often forgotten, co-founder and CEO Justin Bleuel told TechCrunch. In addition to the launch the company is announcing $4 million in seed funding, led by Accel, with participation from Flexport […]

September 24, 2021 Tim Anderson homered twice to help the visiting Chicago White Sox clinch the American League Central title with a 7-2 victory over the Cleveland Indians on Thursday in the opener of a doubleheader. Anderson led off the game with a homer and added a three-run shot to highlight a six-run second inning […]

September 24, 2021 (Reuters) -Uber Technologies said it would start rolling out its pension plan to all eligible drivers in the United Kingdom, months after the ride-hailing service granted workers’ rights to its drivers in the country. In March, Uber had reclassified its more than 70,000 drivers in Britain as workers following a Supreme Court […]

September 24, 2021 By Devik Jain (Reuters) – U.S. stock index futures edged lower on Friday, led by banking and technology shares following a sharp rally in the past two days after the Federal Reserve kept its policy stance largely in line with market expectations. Big banks including JPMorgan, Citigroup, Morgan Stanley and Bank of […]

September 24, 2021 By Clare Jim HONG KONG (Reuters) – The debt crisis engulfing China Evergrande Group has begun to dent homebuyer sentiment and force developers to cut prices, signalling deeper consequences for the world’s No.2 economy and a consolidation in the overcrowded property sector. Evergrande, which epitomises the borrow-to-build business model, is suffocating under […]

September 24, 2021 By Nathan Layne (Reuters) -A partisan review of the 2020 presidential election commissioned by Arizona Republicans has confirmed President Joe Biden’s victory over Donald Trump in the state’s most populous county, according to a draft report of the review’s findings. Maricopa County announced what it said were the main findings on its […]

September 24, 2021 By Lucila Sigal SAN NICOLAS DE LOS ARROYOS, Argentina (Reuters) – In the Argentine city of San Nicolas de los Arroyos, which hugs the banks of the Parana River, two huge murals reflect local worries about a growing environmental issue for the region – the declining levels of the waterway. The two […]

September 24, 2021 LONDON (Reuters) – British retailers reported much slower growth in September after strong demand over the summer months, though shops expect a rebound in October despite growing supply chain difficulties, the Confederation of British Industry said on Friday. The CBI’s monthly distributive trade survey showed the headline sales balance for retailers tumbled […]

China’s central bank said on Friday that all cryptocurrency-related transactions are illegal in the country, citing concerns around national security and social stability. The world’s most populated nation also said that foreign exchanges are banned from providing services to users in the country. In a joint statement, ten Chinese government agencies vowed to work closely […]

September 24, 2021 By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s preferential trade access to the European Union, which is the biggest market for its $5 billion apparel industry, is in doubt with an investigation into the island country’s human rights and governance concerns set to start on Monday. The European Parliament in mid-June adopted […]

September 24, 2021 LONDON (Reuters) – Investment bank JPMorgan turned ‘underweight’ on emerging market currencies on Friday, warning a slowdown of China’s economic growth, troubles in its property sector and less supportive global monetary policy were all growing risks. “EM growth concerns from COVID-19 drags are receding but risks that China’s growth slowdown along with […]