News

September 15, 2021 By Ben Klayman and Anirban Sen (Reuters) – Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making it one largest U.S. initial public offerings of recent years, according to people familiar […]

September 15, 2021 By Nathan Layne (Reuters) – Republican lawmakers in Pennsylvania voted on Wednesday to subpoena the state’s top election official in a review that joins widely criticized efforts in other battleground states to fuel doubts about the 2020 election. With a 7 to 4 vote along party lines, Republicans in the state Senate […]

September 15, 2021 By Michael Georgy DUBAI (Reuters) – Iran, emboldened by the messy U.S. withdrawal from Afghanistan, is betting that its new hardline cabinet — including Deputy Foreign Minister Ali Bagheri Kani — can force concessions in talks on Tehran’s 2015 nuclear deal with world powers. Bagheri, a hardline senior diplomat, was named on […]

September 15, 2021 By Michael Holden LONDON (Reuters) -London’s High Court said on Wednesday it would take steps if necessary to serve papers on Britain’s Prince Andrew in a U.S. lawsuit brought by a woman who accuses him of sexually assaulting her two decades ago. The prince, Queen Elizabeth’s second son, is accused by Virginia […]

September 15, 2021 By Philip Pullella ABOARD THE PAPAL PLANE (Reuters) – Pope Francis said on Wednesday he was puzzled why so many people, including some cardinals in Roman Catholic Church hierarchy, have refused to get inoculated against COVID-19. “It is a bit strange because humanity has a history of friendship with vaccines,” he said […]

As you prepare to dive in to three days of TechCrunch Disrupt 2021, be sure to take your passport. No, not the government-issued variety. Our Disrupt Passport lets you collect experiences during the virtual conference and gives you a chance to win some pretty fabulous prizes. Seriously, who wouldn’t want a chance to win these? […]

September 15, 2021 LONDON (Reuters) – Investment bank JPMorgan has urged investors to stock up on emerging economy equities whenever they dip and said that Japan’s change of prime minister should boost the yen and Nikkei if history is anything to go by. Signs the Delta wave of the COVID-19 virus were now receding meant […]

September 15, 2021 By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European shares slipped on Wednesday as utilities fell on Spain’s move to cap energy bills, while luxury stocks continued to weaken on worries about a slowing Chinese economy. Spain’s cabinet passed emergency measures on Tuesday to reduce sky-high energy bills by redirecting billions of euros […]

September 15, 2021 ULM, Germany (Reuters) – Iveco, the truck and bus business of Italian-American CNH Industrial, is pressing ahead with plans for a spin-off aimed at expanding electric vehicle production, its CEO-designate Gerrit Marx told Reuters on Wednesday. Marx was speaking at the inauguration of a production facility in Ulm, Germany, where Iveco, a […]

September 15, 2021 By Daria Sito-Sucic SARAJEVO (Reuters) – The European Bank for Reconstruction and Development (EBRD) invested 1.3 billion euros ($1.5 billion) in the Western Balkans in 2020 and will match that amount this year, Pierre Heilbronn, an EBRD vice president, said on Wednesday. Heilbronn told Reuters 2020 was an unusual year because of […]

September 15, 2021 By Sharon Bernstein SACRAMENTO, Calif. (Reuters) – California Governor Gavin Newsom on Tuesday handily beat back a Republican campaign to oust him from office, sending a decisive message that voters in the deeply Democratic state supported his policies for tackling COVID-19, immigration and crime. Newsom, who won his first term in 2018 […]

September 15, 2021 STRASBOURG (Reuters) – A top European Commission official followed the thread of her boss’ annual “state of the union” address on Wednesday by knitting. Margrethe Vestager, who is in charge of ensuring fair business competition in the EU, sat calmly knitting in the European Parliament in Strasbourg while Commission chief Ursula von […]

September 15, 2021 By Elizabeth Culliford (Reuters) – Facebook’s messaging service WhatsApp on Wednesday launched a new feature to make it possible to search for businesses within its app for the first time, the company told Reuters. The test in São Paulo, Brazil, which allows WhatsApp users to find shops and services through a directory […]

September 15, 2021 By Julio-Cesar Chavez and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – The latest in a recent line of space-obsessed billionaires was set for liftoff on Wednesday with three less wealthy private citizens along for the ride aboard a SpaceX rocket ship, seeking to become the first all-civilian crew launched into Earth orbit. […]

September 15, 2021 By Farah Master and Donny Kwok HONG KONG (Reuters) – Shares of Macau casino operators on Wednesday shed as much as a third of their value, losing about $18 billion, as the government kicked off a regulatory overhaul that could see its officials supervising companies in the world’s largest gambling hub. With […]

September 15, 2021 (Reuters) – Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday. Initial integration testing is expected to begin later this year, the companies added. The move comes as consumer expectations shift […]

September 15, 2021 By Trevor Hunnicutt and Doina Chiacu WASHINGTON (Reuters) -U.S. President Joe Biden will meet on Wednesday with U.S. CEOs and other top business leaders as he pushes companies to require workers to be inoculated amid a surge in COVID-19 infections among the unvaccinated. Participants in the meeting include the chief executives of […]

September 15, 2021 By Maria Tsvetkova LENIN FARM, Moscow Region (Reuters) – A wealthy Communist strawberry tycoon who came second to Vladimir Putin in the last presidential election has accused the authorities of using his family against him to stop him from running for parliament this week. Pavel Grudinin, 60, a former Putin supporter, attracted […]

September 15, 2021 By Charlotte Greenfield ISLAMABAD (Reuters) – Pakistan urged the world to engage with Taliban-led Afghanistan and said the United States should listen to its message as it reassess its relationship with the South Asian nation, a top Pakistani security official said on Wednesday. Moeed Yusuf, Pakistan’s National Security Adviser, told reporters in […]

September 15, 2021 By Humeyra Pamuk WASHINGTON (Reuters) -The Biden administration will withhold $130 million worth of military aid to Egypt until Cairo takes specific steps related to human rights, a State Department spokesperson said on Tuesday. Secretary of State Antony Blinken’s move is a break with his predecessors’ policy of overriding a congressional check […]