News

September 2, 2021 By Bart H. Meijer AMSTERDAM (Reuters) – Formula One returns to the Netherlands after 36 years this weekend, thrilling Max Verstappen fans who hope to see their local hero claim victory, but fierce opposition outside the race community still clouds the prospects for the years to come. Max-mania will reach fever pitch […]

September 2, 2021 LONDON (Reuters) – Chelsea will have a target on their backs after blazing a trail to a second successive Women’s Super League title last term, and a rejuvenated Arsenal will be the first side to put them to the test when the league gets underway this weekend. They will not be the […]

September 2, 2021 FARO, Portugal (Reuters) – When Manchester City loanee Gavin Bazunu saved Cristiano Ronaldo’s first-half penalty to deny the Manchester United forward a record 110th international goal for Portugal, the headlines wrote themselves. Ireland looked to be holding on for a famous World Cup qualifying victory in Portugal, but, as he so often […]

September 2, 2021 WASHINGTON (Reuters) – U.S. worker productivity grew a bit more slowly than initially thought in the second quarter, the Labor Department said on Thursday. Nonfarm productivity, which measures hourly output per worker, increased at a downwardly revised 2.1% annualized rate last quarter. It was previously reported to have advanced at a 2.3% […]

September 2, 2021 (Reuters) – Valtteri Bottas played down hopes of an imminent announcement about his Formula One future on Thursday after fellow-Finn Kimi Raikkonen announced his retirement at the end of the season, creating a vacancy at Alfa Romeo. Bottas, 32, is widely expected to leave Mercedes with 23-year-old Briton George Russell set to […]

September 2, 2021 TOKYO (Reuters) -Japan is investigating an Amazon Web Services outage that disrupted operations at major online brokerages, a leading mobile phone carrier and its biggest airline, a government spokesperson said on Thursday. The outage, at least the third for Amazon since June, hit airline ANA Holdings Inc, which said some flights were […]

September 2, 2021 WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits fell last week, while layoffs dropped to their lowest level in more than 24 years in August, suggesting the labor market was charging ahead even as new COVID-19 infections surge. Initial claims for state unemployment benefits dropped 14,000 to […]

September 2, 2021 BEIJING (Reuters) -China’s President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies. Mainland China’s two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland’s border with […]

September 2, 2021 WASHINGTON (Reuters) – General Motors Co will reduce production at many North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday. The largest U.S. automaker will halt production next week at its Fort Wayne plant in Indiana […]

September 2, 2021 By Huw Jones LONDON (Reuters) – High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London’s traditional financial heartland is known, has retained little direct access to the European Union […]

September 2, 2021 DAR ES SALAAM (Reuters) -Tanzanian police said on Thursday the slain gunman who killed three police officers and a private security guard on a rampage through a diplomatic quarter of Tanzania’s main city Dar es Salaam last month was a terrorist. In the Aug. 25 attack, Hamza Mohammed shot two police officers […]

September 2, 2021 By Sisipho Skweyiya JOHANNESBURG (Reuters) – At Springs train station in South Africa’s biggest city Johannesburg, Simphiwe Dyantyi and her partner wait their turn to board. But they are not going anywhere, instead they are getting COVID-19 jabs inside a stationary train. The initiative by South African state logistics firm Transnet is […]

Challenger bank Point has raised a $46.5 million Series B funding round. The company offers an account associated with a debit card. And the startup positions itself as a premium debit card company and tries to offer credit card rewards with debit cards. Existing investor Peter Thiel's Valar Ventures is investing more money in the […]

Paris-based startup megacampus Station F is announcing a new program for early-stage startups looking for opportunities to join the Station F community — the FemTech Program. With this new program, the Station F team wants to put a spotlight on FemTech startups and make it easier to start a FemTech startup. Station F is a […]

September 2, 2021 By Eva Manez VALENCIA, Spain (Reuters) – Heavy rain has dampened the giant paper mache figures lined up for the Fallas festival in the Spanish city of Valencia, but not the spirits of participants eager to celebrate the fiery fiesta after a pandemic-induced hiatus. The five-day festival, traditionally held in March, was […]

September 2, 2021 WARSAW (Reuters) – Poland’s president has imposed a state of emergency in parts of two regions bordering Belarus, his spokesman said on Thursday, an unprecedented move in the country’s post-communist history that follows a sharp increase in migration. The government formally asked President Andrzej Duda on Tuesday to impose the state of […]

September 2, 2021 SINGAPORE (Reuters) – Singapore’s high court ordered two bloggers to pay Prime Minister Lee Hsien Loong a combined S$210,000 ($155,994) in damages on Wednesday, over an article about the home of his late father and the city-state’s modern-day founder, Lee Kuan Yew. The premier sued writer Rubaashini Shunmuganathan and editor Xu Yuan […]

HomeLight, which operates a real estate technology platform, announced today that it has secured $100 million in a Series D round of funding and $263 million in debt financing. Return backer Zeev Ventures led the equity round, which also included participation from Group 11, Stereo Capital, Menlo Ventures and Lydia Jett of the SoftBank Vision […]

YouTravel.Me is the latest startup to grab some venture capital dollars as the travel industry gets back on its feet amid the global pandemic. Over the past month, we’ve seen companies like Thatch raise $3 million for its platform aimed at travel creators, travel tech company Hopper bring in $175 million, Wheel the World grab […]

3D printing has garnered a lot of hype, much of it for good reason: the technology has unlocked new kinds of object shapes and geometries, and it uses materials that tend to be much lighter weight than their traditionally manufactured counterparts. But there remain high barriers to entry for many companies that either don’t have […]