As the pandemic continues to unevenly play out, the backdrop of our days has never felt more stagnant. While tech workers may turn to virtual HQs or Twitter Spaces for spontaneous chats, high schoolers are searching for casual places online to riff and study with friends. And Fiveable, a Milwaukee-based startup, fits the growing demand. Fiveable […]
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Brent tops $80 a barrel on tighter supplies
September 28, 2021 By Ahmad Ghaddar LONDON (Reuters) -Oil markets climbed for a sixth day on Tuesday, boosted by a tighter supply and firm demand outlook, but power shortages in China which hit factory output tempered the rally. Brent crude futures gained 67 cents, or 0.8%, to $80.20 a barrel at 1016 GMT, after reaching […]
Drowning girl statue causes a stir in Bilbao
September 28, 2021 By Vincent West BILBAO, Spain (Reuters) – Staring impassively out from the murky waters of Bilbao’s River Nervion, the eerily lifelike face of a young girl drowning in the tide has been unsettling people in the Spanish city since she appeared unannounced last week. Mexican hyperrealist artist Ruben Orozco created the enigmatic […]
Stocks down for third day, yields jump as markets prep for rate hikes
September 28, 2021 (Fixes day in first paragraph) By Ritvik Carvalho LONDON (Reuters) – Global shares fell for a third successive day on Tuesday, while bond yields and measures of inflation expectations on both sides of the Atlantic soared on anxiety over when central banks might raise interest rates. MSCI’s All Country World Index, which […]
UK office landlords may not see immediate threat from hybrid work -Citi
September 28, 2021 (Reuters) – The hybrid working model may not be an immediate threat for British commercial landlords as corporate decisions on space requirements are taking longer than first thought, a Citigroup analyst said on Tuesday. The brokerage firm raised its ratings on Land Securities and British Land to “neutral” from “sell” while arguing […]
’30 years of blah blah blah’: Thunberg questions Italy climate talks
September 28, 2021 By Stephen Jewkes and Giulio Piovaccari MILAN (Reuters) -Greta Thunberg and fellow youth campaigners struck a sceptical tone for this week’s climate talks in Italy, saying much has been promised but little done to tackle global warming in almost three decades since the landmark Earth Summit. Fears that climate change is worsening […]
Toyota’s Woven Planet acquires vehicle operating system developer Renovo Motors
Toyota subsidiary Woven Planet Holdings has made its third acquisition in less than a year in its bid to invest in, develop and eventually bring future-of-transportation technologies like automated driving to market. This time, it’s Renovo Motors, the automotive operating system developer based in Silicon Valley that made its first big splash in 2015, when […]
Multiverse, the tech apprenticeship startup, nabs $130M at an $875M valuation
After rebranding from White Hat and raising $44 million earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The company today announced that it has closed $130 million in a Series C round. The funding had been rumored in recent weeks while the round was being closed. D1 Capital Partners and […]
China energy crunch triggers alarm, pleas for more coal
September 28, 2021 By David Stanway SHANGHAI (Reuters) – As a severe power crunch roils China’s northeastern industrial heartland, senior officials face mounting pressure from alarmed citizens to ramp up coal imports thick and fast in order to keep lights on, factories open and even water supplies flowing. With electricity shortages sparked by scant coal […]
Mastercard launches buy now, pay later program
September 28, 2021 (Reuters) – Mastercard Inc unveiled on Tuesday a buy now, pay later (BNPL) program that will allow consumers to pay for online and in-store purchases through equal and interest-free installments. (Reporting by Sohini Podder in Bengaluru; editing by Uttaresh.V) Source Link Mastercard launches buy now, pay later program David Barret
Nasdaq futures tumble over 1% as surging bond yields hammer tech shares
September 28, 2021 By Devik Jain and Sruthi Shankar (Reuters) – Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation. The two-year U.S. Treasury yield surged to 18-month highs, weighing on shares of high-growth companies […]
Singapore population sees biggest percentage drop since 1950
September 28, 2021 SINGAPORE (Reuters) – Singapore’s population size this year saw its sharpest percentage drop since 1950, a report said on Tuesday, as coronavirus-induced travel restriction kept foreigners away from the Asian financial hub. It was the second consecutive year the city-state saw its population shrink and only the third time it had negative […]
WTO chief says trade must do more to address ‘devastating’ vaccine inequity
September 28, 2021 GENEVA (Reuters) – The head of the World Trade Organization said on Tuesday that the low COVID-19 vaccination rate of around 4% in Africa was “devastating”, saying that trade should help address vaccine inequity. WTO director-general Ngozi Okonjo-Iweala’s remarks came at the opening session of a Geneva-based trade event alongside South Africa’s […]
Belarus leader: change constitution to prevent opposition from taking power
September 28, 2021 MINSK (Reuters) – Belarusian President Alexander Lukashenko called on Tuesday for changes to the constitution that would prevent an opposition movement that rose up against him in mass street protests last year from taking power, the state news agency Belta reported. President since 1994, Lukashenko has touted constitutional reform as a way […]
1Password can now randomly generate email addresses for logins
Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. More posts by this contributor GM details the motors that will power its electric Hummer and other EVs Google’s updated iOS 15 apps support Focus Mode and iPad widgets Since 2019, Sign in with Apple has allowed iPhone and Mac users to protect their […]
China asking state-backed firms to pick up Evergrande assets – sources
September 28, 2021 By Clare Jim and Jing Xu HONG KONG (Reuters) – Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group’s assets, people with knowledge of the matter said. Evergrande, saddled with $305 billion in liabilities, is teetering on the […]
Egypt tries researcher held on return from Italy on false news charge
September 28, 2021 MANSOURA, Egypt (Reuters) – Egyptian researcher Patrick Zaki, held for 19 months since being arrested on a trip home from Italy, faced trial on Tuesday on charges of spreading false news over an article he wrote about the plight of Egypt’s Christians. Zaki, 30, a graduate student at the University of Bologna, […]
Biden’s Democrats in Congress race to head off shutdown, default
September 28, 2021 By Richard Cowan and David Morgan WASHINGTON (Reuters) – President Joe Biden’s Democrats will seek on Tuesday to head off two looming dangers to the U.S. economy as they try to keep government operations funded beyond a Thursday deadline and avoid defaulting on its debt. Democrats had hoped to dispatch both tasks […]
Iran rejects U.S. demand for U.N. inspectors’ access to nuclear site
September 28, 2021 DUBAI (Reuters) – Iran on Tuesday rejected a U.S. call to grant U.N. inspectors access to a nuclear site, saying Washington was not qualified to demand inspections without condemning a sabotage attack on the facility, Iranian state media reported. “Countries that did not condemn terrorist acts against Iran’s nuclear site are not […]
Scuffles in Taiwan parliament, premier blocked from podium in COVID dispute
September 28, 2021 TAIPEI (Reuters) – Lawmakers from Taiwan’s opposition Kuomintang (KMT) scuffled with members of the ruling Democratic Progressive Party (DPP) in parliament on Tuesday and stopped the premier from addressing the assembly in a dispute over the COVID-19 pandemic. The KMT has been demanding that Premier Su Tseng-chang apologise for his government’s handling […]