News

September 17, 2021 By Julia Love and Moira Warburton (Reuters) – The Teamsters workers’ union has launched campaigns to organize employees in at least nine Canadian facilities of U.S. e-commerce company Amazon.com, according to Reuters interviews with union officials. The influential union took the first step earlier this week to organize employees at one of […]

September 17, 2021 By Marie-Louise Gumuchian LONDON (Reuters) – A hybrid London Fashion Week kicked off on Friday, with a mix of digital presentations and the event’s first in-person shows in a year. International press and buyers were back watching the catwalk presentations, including an early display from menswear designer and choreographer Saul Nash. “It […]

Instacart‘s chief financial officer Sagar Sanghvi has departed from the on-demand grocery delivery company after nearly six years and is returning to his investing roots. Specifically, Sanghvi has joined Accel as a partner focused on global growth-stage consumer and enterprise investments. Prior to becoming CFO of Instacart, Sanghvi served as the company’s vice president of […]

September 17, 2021 (Reuters) – Afghan schools will open for boys from Saturday, the new Taliban ministry of education said in a statement that gave no indication of when girls might be able to go back to their classes. More than a month after the movement seized the capital Kabul, most educational institutions have remained […]

Delcie Bean Contributor Share on Twitter Delcie Bean is founder and CEO of Paragus IT. As the CEO of a tech company for 15 years, I have seen employees come and go for many reasons. But in the last four months, we have seen more turnover than in the previous two years combined. We’ve lost […]

More spacecraft will be sent to orbit this year than ever before in human history, and the number of satellite launches is only anticipated to increase through the rest of the decade. Under these crowded conditions, being able to maneuver satellites in space and deorbit them when they reach the end of their useful life […]

September 17, 2021 (Reuters) – Proxy advisory firm Institutional Shareholder Services on Friday recommended a vote by shareholders against Zoom Video Communications Inc’s $14.7 billion deal for cloud-based call center operator Five9 Inc, citing growth concerns. Though the combined company will have access to a larger market, ISS said, “The all-stock deal exposes Five9 shareholders […]

September 17, 2021 By Jonathan Stempel (Reuters) -A Royal Bank of Canada unit was censured and will pay more than $863,000 to resolve U.S. regulatory charges it broke rules meant to give retail and institutional investors priority in buying new municipal bonds. In a civil settlement announced on Friday, the U.S. Securities and Exchange Commission […]

September 17, 2021 By Emma Farge, Francesco Guarascio and Giulia Paravicini GENEVA (Reuters) – The World Health Organization’s chief looks set to run unopposed for a second term at the helm as tries to guide the world through its biggest health crisis in a century, sources said. However, Tedros Adhanom Ghebreyesus lacks the support of […]

September 17, 2021 (Reuters) – The Biden administration is preparing to take actions, including sanctions, to make it more difficult for hackers using digital currency to profit from ransomware attacks, the Wall Street Journal reported https://ift.tt/3hKs2yb on Friday. The U.S. Treasury department plans to impose sanctions as soon as next week, the report said, citing […]

September 17, 2021 By Leigh Thomas PARIS (Reuters) – The International Monetary Fund’s ethics committee and board need to look into a report alleging its chief Kristalina Georgieva pressured staff to boost China’s ranking in a flagship report while at the World Bank, a French finance ministry source said on Friday. Georgieva has headed the […]

September 17, 2021 WASHINGTON (Reuters) – Former President Donald Trump has endorsed challengers to five congressional Republicans, part of his effort to assert dominance over the party after losing his November re-election bid to Democrat Joe Biden. Trump’s fire has been focused on the handful of Republican lawmakers who voted to impeach him on a […]

September 17, 2021 AMSTERDAM (Reuters) – Dutch Defence minister Ank Bijleveld on Friday said she would resign over her handling of the evacuation of refugees from Afghanistan last month, following a similar move by Foreign minister Sigrid Kaag. A majority of parliament on Thursday said both ministers bore responsibility for the government’s slow response to […]

Major gains in online advertising have boosted valuations for adtech startups since the pandemic began, but one insider says investors are missing the party. “Adtech is having a moment,” writes industry veteran Casey Saran. “And while much of the oxygen has been soaked up by large legacy companies hitting the public market, there have been […]

September 17, 2021 (Reuters) – The Beijing 2022 Winter Olympics unveiled its official motto, “Together for a Shared Future”, during a ceremony at the city’s Capital Museum on Friday. Chen Ning, director general of Beijing 2022’s Culture and Ceremonies Department, said that the slogan was a commitment towards overcoming global challenges as a community with […]

September 17, 2021 MUMBAI (Reuters) – Nearly 90% of people in India’s financial capital, Mumbai, are estimated to have COVID-19 antibodies, according to the civic body survey released on Friday. The fifth blood serum survey which tests for antibodies, known as a sero survey conducted between August and early September included 8,674 adults out of […]

Natasha and Mary Ann and Alex were all aboard this week under the guidance of Chris and Grace, which meant we had the full team. And speaking of teams, Mary Ann is joining the Friday show on a weekly basis now. She’s been a friend for years, and a colleague now twice-over for Natasha and Alex and we could not be more […]

Startups are raising record sums around the world, thanks to several contributing factors. As The Exchange explored yesterday, historically low interest rates have helped venture capitalists raise more capital than ever, to pick an example. Low rates have helped startups in another manner: As yields fell for certain assets, investors chased returns by betting on […]

September 17, 2021 BEIJING/HONG KONG (Reuters) – One of China Evergrande Group’s main lenders has made provisions for losses on a portion of its loans to the embattled property developer, while some creditors are planning to give it more time to repay, four bank executives told Reuters. The Chinese banks’ measures, reported for the first […]

September 17, 2021 (Corrects to clarify sanctions) WASHINGTON (Reuters) – The United States issued Iran-related sanctions targeting several Hong Kong-based Chinese entities, according to a notice posted on the U.S. Department of Treasury website on Friday. The entities listed include Black Drop Intl Co Ltd, China 49 Group Co Ltd, Damineh Optic Ltd, PCA Xiang […]