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September 16, 2021 PARIS (Reuters) – Carmaker Stellantis plans to launch a new model in India and Latin America next year under its Citroen brand, the group said on Thursday, as it aims to push out of its European turf and branch further into emerging markets where it has less exposure. The plan marks Citroen’s […]

September 16, 2021 BERLIN (Reuters) – New Hugo Boss chief executive Daniel Grieder wants to buy other brands in order to grow the German fashion house, he was quoted as saying in an interview with Manager Magazin. The German label, which had been struggling to revive its business for years before being hammered by the […]

Mariella Moon Contributor Mariella Moon is an associate editor at Engadget. More posts by this contributor Tesla ordered to share Autopilot data with the US traffic safety agency FAA opens probe into anomaly on Richard Branson’s Virgin Galactic spaceflight Alphabet ended Project Loon earlier this year, but the things it learned from the internet-broadcasting balloon […]

September 16, 2021 By Michael Berens ST. LOUIS (Reuters) – When night fell, a clerk at a bustling 24-hour MotoMart flipped a switch from behind the counter. Electromagnetic locks sealed the doorway. A window sign, now illuminated in red, warned “facial recognition technology in use” and directed customers to “look up at the camera.” On […]

September 16, 2021 By Karen Lema and Neil Jerome Morales MANILA (Reuters) – The government of Philippine President Rodrigo Duterte on Thursday said it will not cooperate with an International Criminal Court (ICC) probe into his notorious war on drugs, or allow any investigators into the country. Judges at the ICC on Wednesday approved a […]

September 16, 2021 By Pushkala Aripaka (Reuters) -Cigarette maker Philip Morris (PMI) has clinched the roughly 1-billion-pound takeover of inhaler maker Vectura after winning the backing of about 75% of shareholders in the British company, part of its expansion beyond tobacco. Vectura shareholders had until Sept. 15 to decide whether to support the 165 pence-per-share […]

September 16, 2021 By Josh Smith SEOUL (Reuters) -The missiles fired by North Korea on Wednesday were a test of a new “railway-borne missile system” designed as a potential counter-strike to any forces that threaten the country, state news agency KCNA reported on Thursday. The missiles flew 800 km (497 miles) before striking a target […]

September 16, 2021 BEIRUT (Reuters) – The judge investigating last year’s Beirut port blast issued an arrest warrant on Thursday for former public works minister Youssef Finianos after he failed to show up for questioning, the state National News Agency reported. Finianos, a Hezbollah ally sanctioned by the United States for his links to the […]

September 16, 2021 By Andreas Rinke BERLIN (Reuters) – After 16 years in power, Chancellor Angela Merkel is not seeking re-election in Germany’s Sept. 26 election but she is anything but a lame duck. The likelihood of protracted coalition talks after the vote means Merkel will not be leaving office any time soon and she […]

Byju’s said on Thursday it has acquired California-headquartered Tynker, a leading coding platform for K-12 students, the latest in a series of major purchases as the Indian edtech giant attempts to aggressively expand to international markets. The companies didn’t disclose the terms of the deal, but a person familiar with the matter told TechCrunch that […]

Pine Labs said on Thursday it has raised an additional $100 million, just weeks after securing $600 million in a financing round, as the Asian merchant commerce platform begins to explore the public markets. The U.S.-based investment management company Invesco Developing Markets Fund made the $100 million investment, the startup said in a statement. Pine […]

September 16, 2021 By Rajendra Jadhav KAKINADA, India (Reuters) – India could account for as much as 45% of global rice exports in 2021 as expanded port-handling capacity allows the world’s second largest rice grower after China to ship record volumes to buyers across Africa and Asia. The world’s top exporter could ship as much […]

September 16, 2021 By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) – Japan’s exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production. The trade growth is unlikely to dispel worries about the outlook […]

September 16, 2021 By Davide Barbuscia and Tom Arnold DUBAI (Reuters) – The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources said, as it tries to catch up with global regulators who have called time on such benchmarks after banks’ attempts to rig them. The UAE is […]

September 16, 2021 BRUSSELS (Reuters) – The euro zone’s trade surplus with the rest of the world declined in July from a year earlier, data released by the European Union’s statistics office showed on Thursday, as imports grew at a faster rate than exports. Eurostat said the euro zone’s unadjusted trade surplus with the rest […]

LinkedIn normalized the idea of making people’s resume’s visible to anyone who wanted to look at them, and today a startup that’s hoping to do the same for companies and how they are organized and run is announcing some funding. The Org, which wants to build a global, publicly-viewable database of company organizational charts — […]

September 16, 2021 ATHENS (Reuters) – Greece’s jobless rate fell to 15.8% in the second quarter from 17.1% in the first three months of 2021, data by the country’s statistics service ELSTAT showed on Thursday. About 61% of Greece’s 732,544 jobless are long-term unemployed, meaning they have been out of work for at least 12 […]

September 16, 2021 DUBLIN (Reuters) – Digital payments processor Stripe Inc will add hundreds of new engineering jobs in Dublin over the next three years, the United States’ most valuable technology startup said on Thursday. The new roles are in addition to 1,000 jobs the company said it would create in Ireland over the next […]

September 16, 2021 By Brenna Hughes Neghaiwi ZURICH (Reuters) – Switzerland’s economy is expected to grow by 3.2% this year, the government said on Thursday, lowering its full year outlook as a less sunny global picture limited Switzerland’s recovery. “The economic recovery is set to continue as expected, though growth is initially less dynamic than […]

September 16, 2021 LONDON (Reuters) – British defence company BAE Systems, which makes nuclear submarines for the UK, said it was ready to support a new defence partnership between the United States, Australia and Britain called AUKUS. “As a company with a significant presence in all three markets we stand ready to support the AUKUS […]