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September 20, 2021 (Reuters) – Confidence among U.S. single-family homebuilders edged up in September, reversing a three-month decline as elevated costs for some building materials including softwood lumber eased, a survey showed on Monday. The National Association of Home Builders/Wells Fargo Housing Market Index rose one point to 76 last month. A reading above 50 […]

September 20, 2021 HONG KONG/SHANGHAI (Reuters) – Didi Global Inc co-founder and President Jean Liu has told some close associates that she intends to step down, two sources familiar with the matter said, as the Chinese ride-hailing giant faces intense regulatory scrutiny following its New York listing earlier this year. Liu, 43, has in recent […]

September 20, 2021 By Conor Humphries LONDON (Reuters) – Aircraft leasing companies now buy more of the world’s planes than airlines after their share hit record levels during a pandemic that clobbered carriers, according to industry pioneer Steven Udvar-Hazy. The shift is down to leasing giants being able to access cheaper financing than carriers, he […]

September 20, 2021 LONDON (Reuters) – Prices of cryptocurrencies plunged on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande’s troubles rippled over to wider markets. Bitcoin, the world’s biggest and best-known cryptocurrency, tumbled more than 8% to $42,453, its lowest level since Aug. 7 before trimming some […]

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. The […]

September 20, 2021 OTTAWA (Reuters) – Canada’s ruling Liberals and the main opposition Conservatives were locked in a tight race according to the final polls as Canadians voted in Monday’s election, which will determine who forms the government to guide the country out of the COVID-19 pandemic. Surveys of public opinion show Prime Minister Justin […]

September 20, 2021 By Paul Carrel BERLIN (Reuters) – Germany’s conservative candidate for chancellor scrambled to boost his flagging campaign on Monday, warning voters that a left-wing coalition led by his Social Democrat rival would bring on a “severe economic crisis” after Sunday’s national election. Armin Laschet ratcheted up his rhetoric after Olaf Scholz of […]

September 20, 2021 MOSCOW (Reuters) – Russian President Vladimir Putin on Monday thanked Russians for their trust after the ruling United Russia party that supports him won an emphatic parliamentary majority in an election that opponents said was marred by large-scale fraud. “Special words of thanks, of course, I want to address to the citizens […]

September 20, 2021 WASHINGTON (Reuters) -The United States plans to mandate COVID-19 vaccines for nearly all non-U.S. citizen international air passengers traveling to the United States as it relaxes other travel restrictions starting in early November, sources familiar with the matter said on Monday. The White House plans in November to allow travelers from countries […]

September 20, 2021 ADEN (Reuters) – The European Union joined a chorus of international criticism on Monday over the execution of nine men by the Iran-aligned Houthi movement in Yemen following their conviction for involvement in the killing of the group’s top civilian leader. Saleh al-Samad, who held the post of president in the Houthi-controlled […]

Facetune developer Lightricks, which operates over a dozen subscription-based photo and video editing apps across iOS and Android, now has $130 million in new funding to further grow its business. The company’s newly announced Series D round includes $100 million in primary and $30 million in secondary funding, and now values the company at $1.8 […]

Today, TechCrunch is excited to announce the 20 startups pitching on stage in this year’s Startup Battlefield. Selected from the most competitive batch in TC history, selected founders from across the globe will pitch on the virtual stage at TechCrunch Disrupt 2021. Startups will be competing for $100,000 in equity-free prize money and the attention […]

September 20, 2021 By Colin Packham and Philip Blenkinsop CANBERRA/BRUSSELS (Reuters) -Australia’s trade minister said on Monday he would seek a meeting with France to ease tensions over Canberra’s decision to scrap a $40 billion submarine deal, and was confident it would not cloud EU-Australia trade talks. However, a leading European Union lawmaker said Australia’s […]

September 20, 2021 By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – And so it begins: Taxes in the world’s wealthiest countries are rising. Inevitable perhaps given the unprecedented COVID-era debt surge and, according to some investors, even a good thing if it helps close the wealth gaps the pandemic has exacerbated. Tax rises grabbed […]

September 20, 2021 KOHLER, Wisconsin (Reuters) – Home advantage for a largely inexperienced U.S. team versus European passion will be one of the compelling storylines in this week’s Ryder Cup between two star-studded teams at Whistling Straits. The Americans will have six Ryder Cup rookies on their 12-man team who will strive to reclaim the […]

September 20, 2021 By Sagarika Jaisinghani and Shreyashi Sanyal (Reuters) -European shares tumbled over 2% to a near two-month low in early afternoon trading on Monday as growing solvency worries about property group China Evergrande spooked investors, in a dour start to a week packed with meetings of major central banks. The pan-European STOXX 600 […]

September 20, 2021 DUBLIN (Reuters) – Ireland’s opposition to a proposed overhaul of global corporate tax rules has not changed ahead of plans to finalise an agreement next month and it is closely watching the progress of reforms in the United States, Finance Minister Paschal Donohoe said on Monday. “What I’m doing is focusing to […]

September 20, 2021 By Jamie McGeever ORLANDO, Fla. (Reuters) – Funds are loading back up on U.S. Treasuries ahead of the Fed’s Sept. 22 policy decision, suggesting they are not as confident as they were a few weeks ago that yields are headed higher. Positioning data from the Commodity Futures Trading Commission show hedge funds […]

September 20, 2021 By Patturaja Murugaboopathy (Reuters) – Global active equity funds have seen higher inflows this year, bolstered by a surge in equities and higher participation of retail investors, who aim for higher returns than the benchmark indexes. According to Refinitiv data, global active equity funds have attracted a total $36.6 billion in the […]

September 20, 2021 (Reuters) – Twitter Inc said on Monday it had proposed to settle a class action lawsuit commenced in 2016 by paying $809.5 million for claims. The company did not specify what the lawsuit was about and was not immediately available for comments. Twitter and the individual defendants continue to deny any wrongdoing […]