By Huw Jones LONDON (Reuters) – The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need restrictions to avoid threatening financial stability, a global securities watchdog said on Monday. IOSCO, a global securities watchdog group that includes the U.S. Securities and Exchange Commission as a member, said a review has identified…
BERLIN (Reuters) – Ukraine’s President Volodymyr Zelenskiy and German Chancellor Olaf Scholz called on Monday for the extension of a deal allowing the safe export of grain and fertilizers from three Ukrainian Black Sea ports, an official said. The two made the call during a phone conversation, Scholz’s spokesperson said. Zelenskiy, in his nightly video…
By Daniel Trotta and Brendan Pierson (Reuters) – In state after state, conservative lawmakers this year have banned medical procedures for transgender youth. Now, a growing number of federal judges are blocking those laws from taking effect. U.S. district court judges have halted such laws in six states – Alabama, Arkansas, Florida, Indiana, Kentucky and…
By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The day’s gains lifted the top U.S. electric-vehicle manufacturer’s market capitalization by around $57 billion to $887 billion. At $277, the stock has already more than…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains in a holiday-shortened session on Monday, helped by a surge in Tesla and strength in bank shares as the second half of the year kicked off on a subdued note. Tesla shares jumped 6.9% as…
(Reuters) – Nasdaq refiled an application with the U.S. securities regulator to list an exchange-traded fund by BlackRock Inc that will reflect the price of bitcoin to add additional details, according to a filing made public on Monday. The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said that Coinbase…
By Ali Sawafta JENIN, West Bank (Reuters) -Israeli forces hit the city of Jenin with drone strikes on Monday in one of the biggest West Bank operations in 20 years, killing at least eight Palestinians and involving hundreds of troops in sporadic gun battles that continued into the evening. Gunfire and explosions were heard throughout…
KYIV (Reuters) -A Russian drone attack killed at least two people and injured 19 in the northern Ukrainian city of Sumy on Monday, prompting President Volodymyr Zelenskiy to call for a major upgrade of anti-aircraft defences. An official building and two residential buildings were damaged in an attack carried out with four drones, the Sumy…
By Kanishka Singh WASHINGTON (Reuters) -Police in Washington are offering a reward of up to $20,000 for information that could lead to the arrest of those involved in three explosions within a 15-minute span at retail outlets in the U.S. capital on Sunday. No one was killed or injured in the early hour blasts in…
(Reuters) -American ambassador to Russia Lynne Tracy was granted access on Monday to jailed Wall Street Journal reporter Evan Gershkovich, the U.S. State Department said, in the second such visit since his pre-trial detention in March on espionage charges he denies. Tracy met with Gershkovich at Lefortovo Prison in Moscow in what was the first…
