Project A, the Berlin-based VC, just raised a new $200 million fund (€180 million) to continue backing European startups at Seed and Series A stage. In addition, the firm — whose investments include WorldRemit, Catawiki, Voi and Uberall — announced it will now have a presence in London and Stockholm in order to put people
Month: September 2019
The prime minister says he wants science and technology to fuel a “vibrant” post-Brexit economy. Boris Johnson made his pledge as he announced a fund to help firms commercialise medical breakthroughs. A source said that science funding was the number two priority – after Brexit – of Mr Johnson’s chief adviser Dominic Cummings. But critics
Sen. Bernie Sanders Monday proposed an “inequality tax” that would hit McDonald’s, J.P. Morgan and Walmart especially hard, according to the Sanders campaign. The presidential candidate announced Monday a proposed tax on companies with a large gap between the CEO’s pay and the median salary of its workers. “It is time to send a message
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Bed Bath & Beyond — Shares of Bed Bath & Beyond jumped 7% after WedBush upgraded the home goods retailer to outperform from neutral, saying the revamped board of
iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max Todd Haselton | CNBC J.P. Morgan raised its price target on Apple’s stock Monday, expecting the company’s shares will rise 21% as sales of its new line of iPhone are “stronger than muted expectations.” “We are modestly raising our iPhone volume forecasts and expect investor sentiment
If your employer doesn’t offer a retirement plan, a new option might change that. A federal rule now in effect allows companies to team up through certain employer groups and professional organizations to offer a shared 401(k) plan to their workers. The rule, which aims to expand the use of so-called multiple-employer plans, comes as
PeopleImages | E+ | Getty Images A tantalizing 20% tax break for business owners went into effect in 2018 — and more than 15 million taxpayers grabbed it. The qualified business income deduction is one of the new features of the Tax Cuts and Jobs Act. This new tax break allows owners of “pass-through” entities,
We all want to ensure a stable financial future. Use these 7 tips to maximize your retirement … [+] investments. Getty Retirement is one of the biggest and most common goals that many people have. After all, your retirement savings determine how comfortably you’ll live and whether your money will, in fact, outlive you. Making
Democratic presidential candidate Sen. Bernie Sanders (I-VT) addresses an audience on the campus of… [+] the University of Chapel Hill during a campaign rally on September 19, 2019 in Chapel Hill, North Carolina. Sanders spoke to college students about working people’s rights, including fair wages and health care. (Photo by Sara D. Davis/Getty Images) Getty
The four-story villa spans 3,000 sq m over a 6,000 sq m private park. Marbella.co.uk A ten-bedroom villa off Marbella, Spain, has just been put on the market with a €40 million ($44 million) price tag – one of the most expensive ever in the area. The luxury mansion, which sits in Sierra Blanca, a
It should be illegal not to report child abuse, victims have told the child abuse inquiry at the start of its investigation into boarding schools. The Independent Inquiry into Child Sexual Abuse heard of an “overwhelming body of evidence” to support the introduction of “mandatory reporting”. The inquiry was given a summary of past emotional,
The Duke of Sussex has paid tribute to a British soldier killed during a counter-poaching operation in Malawi. Prince Harry laid a wreath for Mathew Talbot, 22, who was killed by an elephant in May. The duke was “honoured” to pay respects to Guardsman Talbot, who played a “huge part” in conservation efforts, a post
Chinese social media and gaming giant Tencent is taking a 29% stake to become the largest shareholder in Oslo-based Funcom. The indie games developer is responsible for multiple adaptations involving the Conan the Barbarian franchise, such as Age of Conan and Conan Exiles, as well as a number of other multiplayer titles — including a
European stocks are set to open slightly lower Monday morning, amid reports the U.S. is considering imposing investment curbs on China. The FTSE 100 is seen 8 points lower at 7,418, the CAC is expected to open down around 10 points at 5,630, while the DAX is poised to start 17 points lower at 12,363,
Walmart has three Sam’s Clubs in Beijing, including this one in Daxing District. The company plans to open five more in the capital city. Evelyn Cheng | CNBC BEIJING — Some are trying to create characters as memorable as Mickey Mouse. Others are launching lessons on how to cook steak. Still others know Chinese parents
Working More and Harder Is Not Enough For Latinx Families Getty During Hispanic heritage month, it is important to remember that the American Dream is still out of reach for too many LatinX families. The idea of if you work really hard, you can make it, often doesn’t hold true for Latinx families. Latinx men
Share to facebook Share to twitter Share to linkedin A fast way to decumulate your assets, which is not recommended for the 99.9% Stephen Chen You can be young without money but you can’t be old without it. Tennessee Williams Is Decumulation Even A Word? Although most of us have been raised to focus on the
WASHINGTON – The Watergate Office Building, site of the infamous 1972 burglary that led to the … [+] resignation of a president, sold in a $101.5 million deal announced on Friday. (Photo by Joe Raedle/Getty Images) Getty Images The same week House Speaker Nancy Pelosi announced impeachment proceedings against President Donald Trump, a Washington D.C.
HONG KONG (Reuters) – Police expect more violence on Hong Kong’s streets on Tuesday, the 70th anniversary of the founding of the People’s Republic of China, after a chaotic weekend in which they fired tear gas and water cannon at protesters who set fires and threw petrol bombs. There will be a “very serious violent
Workers sewing shoes at a factory in Qingdao in China’s eastern Shandong province. AFP | Getty Images China said on Monday that manufacturing activity in the world’s second-largest economy contracted for the fifth straight month. The official Purchasing Managers’ Index (PMI) was 49.8 in September — slightly exceeding the 49.5 that analysts polled by Reuters had expected.
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