Congress voted early Saturday to strip hundreds of millions of dollars from the United Nations agency that distributes most of the food, medicine and basic services to Palestinians in Gaza and across the Middle East, marking what critics say is a devastating blow to a region in crisis. The United States, along with several other … Read more
The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets. Fortunately, insurtech has found a new wave to ride in the past … Read more
SYDNEY — Australia will restore funding to the United Nations relief agency for Palestinians, weeks after the agency lost hundreds of millions of dollars in support following Israeli allegations that some of its Gaza-based staff participated in the Oct. 7 attack. The Australian government also pledged Friday to increase aid for the besieged enclave, with … Read more
NICOSIA, Cyprus — Another top donor to the U.N. agency aiding Palestinians said Saturday that it would resume funding, weeks after more than a dozen countries halted hundreds of millions of dollars of support in response to Israeli allegations against the organization. Sweden’s reversal came as a ship bearing tons of humanitarian aid was preparing … Read more
Sweden and Canada are resuming funding to the U.N. agency for Palestinian refugees, weeks after the embattled agency faced explosive allegations of ties with Hamas that led to more than a dozen countries pausing payments. Sweden said Saturday it was making an initial payment of 200 million kronor ($20 million) to UNRWA, having received additional … Read more
TORONTO — Canada will restore funding to the United Nations relief agency for Palestinians, weeks after the agency, known as UNRWA, lost hundreds of millions of dollars in support following Israeli allegations against some of its staffers in Gaza. Canada was one of 16 countries that temporarily halted future payments. Ahmed Hussen, Minister of International … Read more
Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of over 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last … Read more
Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley reacts while speaking about her husband, Maj. Michael Haley, who is currently deployed with the South Carolina National Guard, during a campaign stop at the Clemson University at Greenville ONE building ahead of the Republican presidential primary election in Greenville, South Carolina, … Read more
Interview Kickstart, a profitable startup helping tech professionals acquire career-advancing skills, has raised $10 million in its maiden funding from Blume Ventures, the companies said on Monday. The San Francisco-based startup, founded in 2014, assists engineers learn from employees of top tech companies or their alumni. Though always profitable, 2023 was pivotal for Interview Kickstart … Read more
A staff member counts Chinese Yuan at a bank’s personal finance business service area in Haian, East China’s Jiangsu province, Sept 15, 2023. CFOTO | Future Publishing | Getty Images China’s central bank cut its benchmark five-year loan prime rate for the first time since June, extending Beijing’s efforts to revive the country’s anemic property … Read more