News

September 16, 2021 CAIRO (Reuters) – Egypt and Libya’s unity government signed a series of cooperation agreements and several infrastructure contracts on Thursday as Cairo eyes reconstruction opportunities in its oil-rich neighbour. Though Libya’s political prospects remain uncertain, the deals are the latest sign of Egypt’s efforts to re-engage with Tripoli after years of siding […]

September 16, 2021 ZURICH (Reuters) – The World Economic Forum (WEF) is to take place in the Swiss mountain resort of Davos next year on Jan. 17-21, reverting to an in-person meeting of world and business leaders, organisers said on Thursday. The meeting will focus on accelerating stakeholder capitalism, harnessing the technologies of the Fourth […]

Ford said Thursday it will invest another $250 million and add 450 positions to increase production capacity of its upcoming F-150 Lightning after receiving more than 150,000 pre-orders for the all-electric pickup truck. The additional funds and jobs will be spread out across its new Rouge Electric Vehicle Center in Dearborn, Michigan, Van Dyke Electric […]

The art of pitching is perhaps the most important art that a founder learns on their journey to unicorn status and beyond. And like any art, it helps to get some critical feedback along the way from the judges on the other side of the table. That’s why every Disrupt, we host Pitch Deck Teardown, […]

September 16, 2021 (Reuters) -American Alberto Salazar, who has coached some of the world’s top long-distance runners, had his four-year suspension for a series of anti-doping rule violations upheld by the highest court in sport. The 63-year-old, who guided Britain’s Mo Farah to Olympic titles, was banned by the U.S. Anti-Doping Agency (USADA) in 2019 […]

September 16, 2021 BEIJING (Reuters) – China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country’s commerce ministry said on Thursday. The regional trade pact was signed by 11 nations including Australia in 2018. Chinese Commerce Minister Wang Wentao submitted the application to New Zealand’s Trade Minister […]

September 16, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Delta variants, spending splurges, inflation scares and debt ceilings all threaten to bamboozle U.S. bonds, and yet it’s the delicate and often misread dance between the Fed and Treasury that’s likely keeping everything in check. On one side the Federal Reserve will likely start reducing […]

September 16, 2021 WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva will speak at a virtual global COVID-19 summit on Sept. 22 that the United States is organizing on the sidelines of the U.N. General Assembly, the IMF said on Thursday. U.S. President Joe Biden had asked Georgieva to speak at the summit, […]

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 (Reuters) – Four-times major winner Brooks Koepka confirmed his participation in next week’s Ryder Cup, after his commitment to the competition was called into question. In an interview with Golf Digest this week, Koepka described the biennial team event between the United States and Europe as “a bit odd” and mentally challenging, […]

September 16, 2021 WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that it was important for the U.S. government should find a solution to a looming debt limit deadline to avoid “counterproductive brinkmanship” and that Washington should consider replacing the federal borrowing cap. IMF spokesman Gerry Rice told a regular press briefing that […]

September 16, 2021 WASHINGTON (Reuters) – General Motors Co said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October in the aftermath of a new recall of its Chevrolet Bolt electric vehicles over battery issues after 10 reported fires. The largest U.S. automaker said the extension of the production halt […]

September 16, 2021 By Jill Serjeant (Reuters) – Britain’s Prince Harry and his wife Meghan on Wednesday graced the cover of Time magazine’s annual 100 most influential people in the world issue. The list also includes singers Billie Eilish and Britney Spears, and Olympic gymnast Simone Biles. Harry and Meghan, who quit their royal duties […]

September 16, 2021 By Elizabeth Culliford and Fanny Potkin (Reuters) – Facebook is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities on its platform, using the same strategy its security teams take against campaigns using fake accounts, the company told Reuters. The new approach, reported […]

September 16, 2021 By James Davey LONDON (Reuters) -British retailers John Lewis Partnership and the Co-operative Group both warned that creaking supply chains would lead to higher prices on Thursday, as a dearth of truck drivers compounds disruption in global freight trade. A combination of the impact of Britain’s exit from the European Union on […]

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 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 […]