News

September 16, 2021 WASHINGTON (Reuters) – U.S. business inventory accumulation slowed in July as motor vehicle retailers struggled to restock amid an ongoing global semiconductor shortage, which is forcing automobile manufacturers to scale back production. Business inventories rose 0.5% after increasing 0.9% in June, the Commerce Department said on Thursday. Inventories are a key component […]

September 16, 2021 By Charlotte Bruneau BAGHDAD (Reuters) – A powerful mix of insecurity and traditional prejudice against more liberal female politicians put Awatef Rasheed off running for parliament when she returned to Iraq in 2014 after years abroad. Seven years later, with Iraq less unstable, Rasheed has decided to contest a Oct. 10 election […]

September 16, 2021 COPENHAGEN (Reuters) – Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam this year, its chief executive said on Thursday. Maersk lifted its 2021 outlook again on Thursday, riding the rise in freight rates which has resulted from a congested global supply chain. The […]

Fiberplane, an Amsterdam-based early stage startup that is building collaborative notebooks for SREs (site reliability engineers)  to collaborate around an incident in a similar manner to group editing in a Google Doc, announced a ​​€ 7.5M (approximately $8.8 million USD) seed round today. The round was co-led by Crane Venture Partners and Notion Capital with […]

September 16, 2021 By Steve Scherer MONTREAL (Reuters) – Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, on Thursday said his main rival had adopted a lax approach to fighting COVID-19 and shown weak leadership. Opinion polls show Trudeau’s Liberals are tied with the right-of-center Conservatives of Erin […]

September 16, 2021 JAKARTA (Reuters) – Indonesian navy has increased patrols around its Natuna islands in the South China Sea after Chinese and U.S. vessels were detected nearby in international waters, despite saying there were no disturbance from the vessels, a navy official said on Thursday. Five navy vessels, assisted by an air patrol, have […]

September 16, 2021 BRUSSELS (Reuters) -The European Union should still consider imposing sanctions on Lebanese politicians who block the progress of the new government, the EU’s parliament said on Thursday, calling Lebanon’s crisis a man-made disaster. This week, EU foreign policy chief Josep Borrell told the European Parliament that, while Lebanon’s economic model was broken, […]

September 16, 2021 (Reuters) – The European Parliament called on Thursday for the 27-nation bloc to strengthen its defence cooperation and investment to become more independent of the United States after the withdrawal from Afghanistan. “The EU must invest in military awareness, surveillance and reconnaissance, intelligence and strategic airlift,” according to a resolution approved in […]

It’s coming down to the wire folks. TechCrunch Disrupt 2021 — our flagship global event — takes over the internet on September 21-23. More than 10,000 people will attend to learn about the latest tech and investment trends from iconic leaders, founders and VCs. They’ll network and connect to build game-changing startups. Time to get […]

September 16, 2021 By Gabriela Baczynska BRUSSELS (Reuters) -Poland must change its legal definition of rape to protect women and stop restricting media, European institutions said on Thursday, in the latest challenges to the ruling nationalists over rights and democracy. Under the eurosceptic, socially-conservative Law and Justice (PiS) party, Poland has fought with the European […]

September 16, 2021 WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it was deeply concerned with the economic situation facing Afghanistan and warned of a looming humanitarian crisis facing the country after last month’s takeover by Islamist Taliban insurgents. IMF spokesman Gerry Rice said the global lender’s engagement with Afghanistan remains suspended, which […]

September 16, 2021 ZURICH (Reuters) -The pace of climate change has not been slowed by the global COVID-19 pandemic and the world remains behind in its battle to cut carbon emissions, the United Nations said on Thursday. The virus-related economic downturn caused only a temporary downturn in CO2 emissions last year and it was not […]

APIs are the grease turning the gears and wheels for many organizations’ IT systems today, but as APIs grow in number and use, tracking how they work (or don’t work) together can become complex and potentially critical if something goes awry. Now, a startup that has built an innovative way to help with this is […]

On Tuesday, Tiger Global led not one but two big funding rounds, announcing its role in a $26 million Series A for Ambi and an additional $50 million for Locus Robotics. The firm has been so active in investing of late, that neither one of these companies cracked Alex’s coveted “Today’s Tiger round” in our […]

Way back in 2015 we covered the launch of the Atmotube, a small, innovative, portable air quality monitor which went on to receive a number of awards, post its CES debut. Since rebranding as ATMO, the company, co-founded by Vera Kozyr, is now launching the Atmocube, an indoor air quality monitoring system for businesses and […]

Food delivery service DoorDash will now deliver alcohol — a move that will allow it to better compete with rivals who already offer alcohol delivery in markets where permitted, like Uber Eats, Grubhub, Shipt, Instacart, and others. Initially, DoorDash will support delivery of beer, wine, and spirits across 20 U.S. states, the District of Columbia, […]

Back in 2018 we covered how Open Mineral (OM), a startup aiming to leverage greater transparency in commodities trading, had raised $2.25 million. Well, they’ve come a long way and now the Zug, Switzerland-based, company has raised a $33 million Series C funding round led by Mubadala Investment Company. Existing investors Xploration Capital and Emerald […]

We’ve spent so long staring at record venture capital results around the world from Q2 that it’s nearly Q3. We’ve seen record results from cities, countries, and regions. There’s so much money sloshing around the venture capital and startup worlds that it’s hard to recall what they were like in leaner times. We’ve been in […]

September 16, 2021 (Reuters) – Federal Reserve Chair Jerome Powell has ordered a sweeping review of the ethics rules governing financial holdings and dealings by senior officials at the U.S. central bank, a Fed spokesperson said on Thursday. Powell ordered the review late last week, the spokesperson said, a development that comes on the heels […]

Lucid Group, the all-electric automaker slated to go public this year, said Thursday that one variant of its upcoming luxury Air sedan has an EPA range of more than 520 miles. The official rating of the Lucid Air Dream Edition Range variant pushes Lucid past Tesla, a company that has long dominated in this category. […]