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Every startup founder faces the same issue — how do you manage your cap table and equity plans in a transparent and lightweight manner? If you’re based in the U.S., chances are you’re using an equity management solution like Carta. But if you’re not based in the U.S., you don’t have a ton of options. […]

September 7, 2021 By Josh Horwitz and Sophie Yu SHANGHAI (Reuters) – In glass-paneled conference rooms, members of the Shanghai-based esports team Rogue Warriors tap away at their phones as they train from 11 a.m. till late, occasionally breaking for food. “I spend 15 of 24 hours a day playing video games,” says 19-year-old Zhang […]

September 7, 2021 (Reuters) – Billionaire investor George Soros said BlackRock Inc investing billions of dollars into China now is a “mistake” and will likely lose money for the asset manager’s clients, according to an opinion piece in the Wall Street Journal. Last month, BlackRock became the first foreign asset manager to operate a wholly […]

September 7, 2021 BEIJING (Reuters) – China’s exports unexpectedly grew at a faster pace in August, as solid global demand offset some of the pressure on the world’s second-biggest economy from a resurgence of domestic COVID-19 cases and supply bottlenecks. China staged an impressive recovery from a coronavirus-battered slump, but economic momentum has weakened recently […]

September 7, 2021 SYDNEY (Reuters) – COVID-19 daily infections in Sydney fell for a third straight day on Tuesday but still lingered near record levels as the outbreak spurred a spike in vaccination rates in the hard-hit western suburbs of Australia’s largest city. Officials have promised residents in Sydney, the epicenter of Australia’s worst coronavirus […]

September 7, 2021 By Steve Keating NEW YORK (Reuters) – An out-of-sorts Novak Djokovic scraped his way to a 1-6 6-3 6-2 6-2 win over American wildcard Jenson Brooksby on Monday to move into the U.S. Open quarter-finals and three wins from tennis immortality. Chasing a 21st major that would seal a calendar year Grand […]

September 7, 2021 NEW YORK (Reuters) – Teenagers have lit up the U.S. Open this year and on Tuesday Leylah Fernandez and Carlos Alcaraz will look to take their dream runs a step further by claiming a maiden spot in the semi-finals at Flushing Meadows. The withdrawal of several big names before the start of […]

September 7, 2021 SHANGHAI (Reuters) – Chinese prosecutors have dropped a case against a former Alibaba Group Holding Ltd employee accused of sexually assaulting a female colleague, saying they had determined he had committed forcible indecency but not a crime. The employee, identified by his surname Wang, was detained by police last month after a […]

September 7, 2021 (Reuters) – Myanmar’s National Unity Government, formed by opponents of military rule, unveiled a new strategy on Tuesday aimed at pressuring the junta, including through action by militias and ethnic forces and urging bureaucrats to leave government posts. The acting president of the National Unity Government, Duwa Lashi La, said in a […]

September 7, 2021 NEW YORK (Reuters) – Fourth-seeded Karolina Pliskova mounted a strong defensive effort to send Russian Anastasia Pavlyuchenkova packing 7-5 6-4 in the fourth round of the U.S. Open on Monday, keeping on track her bid for a maiden major title. The Wimbledon runner-up fired off seven forehand winners and converted on break […]

September 7, 2021 By Tom Westbrook SINGAPORE (Reuters) – The dollar hovered near recent lows on Tuesday as traders braced for a slew of central bank meetings from Australia to Europe and Canada this week, looking for any signs that they are making progress towards policy normalisation. The possibility of a tapering delay in the […]

September 7, 2021 By Hideyuki Sano TOKYO (Reuters) – Global stocks inched higher on Tuesday to a record high for the eight straight session as investors wagered the U.S. Federal Reserve is likely to delay the start of tapering its asset purchases after the soft U.S. jobs data. Japanese shares extended their bull run on […]

September 7, 2021 By Yuka Obayashi TOKYO (Reuters) – Oil prices were wobbly on Monday as investors grappled with demand concerns after Saudi Arabia’s sharp cuts to crude contract prices for Asia. Brent crude futures for November rose 4 cents, or 0.1%, to $72.26 a barrel by 0056 GMT, after falling 39 cents on Monday. […]

September 7, 2021 (Reuters) – The Taliban claimed victory on Monday in the last part of Afghanistan still holding out against their rule, declaring that the capture of the Panjshir valley completed their takeover of the country and they would unveil a new government soon. Pictures on social media showed Taliban members standing in front […]

September 7, 2021 The Chicago White Sox could play a role in determining a future playoff opponent when they kick off an important six-game sequence with the opener of a three-game series against the host Oakland Athletics on Tuesday night. Chicago (79-58) begins its week well in command of the American League Central, but also […]

September 7, 2021 The Washington Mystics and the host Seattle Storm are both struggling as they prepare to meet Tuesday night. The difference is that defending WNBA champion Seattle already has clinched a playoff berth while the Mystics are in a four-team battle for the two remaining playoff spots. The Storm (19-10) stopped a three-game […]

September 7, 2021 SYDNEY (Reuters) – The Reserve Bank of New Zealand’s (RBNZ) Deputy Governor Geoff Bascand will leave the bank in January next year, it said in a statement on Tuesday. Bascand has been deputy governor since May 2013 and is also a member of the monetary policy committee. The RBNZ governor, board and […]

September 7, 2021 (Refiles to fix typo in headline) LONDON (Reuters) – Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC). A Standard Chartered vehicle will take a 60% stake in the venture, worth 144 million Singapore dollars ($107.28 million), with […]

September 7, 2021 TAIPEI (Reuters) – Taiwan could get up to 9 million doses of BioNTech SE’s COVID-19 vaccine this year, the founder of Taiwanese tech giant Foxconn said on Monday, laying out a delivery timetable for a vaccine order that became heavily politicised. Taiwan had blamed China, which claims the island as its own […]

Portcast founders Dr. Lingxiao Xia and Nidhi Gupta For many manufacturers and freight forwarders, managing logistics is still a very manual process: tracking shipments with a call or online lookup, and entering that data into an Excel spreadsheet. Portcast, which describes itself as a “next-generation logistics operating system,” makes the process more efficient by gathering […]