Ukraine notes progress after ‘difficult’ week, upsurge in Bakhmut fighting

By Pavel Polityuk KYIV (Reuters) -Ukraine said on Monday its troops had regained more ground along eastern and southern fronts in what President Volodymyr Zelenskiy described as progress in a “difficult” week for Kyiv’s counteroffensive against Russian forces. Deputy Defence Minister Hanna Maliar also noted a surge in fighting around the shattered eastern city of…

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Exclusive-Video-sharing website BitChute seeks to raise $10 million in new funding round

By Helen Coster NEW YORK (Reuters) – Video-sharing website BitChute is raising $10 million in Series A funding at a valuation of $750 million to $1 billion, according to one of its investors and a presentation seen by Reuters, as it seeks to add new features that allow live-streaming and the payment of content creators…

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Stocks edge higher with Treasury yields in holiday-shortened session

By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes ended Monday’s shorter session up slightly along with U.S. Treasury yields, as investors weighed up a mixed bag of economic data ahead of second-quarter earnings and uncertainty over the direction of central bank policy. On Wall Street, Nasdaq led gains while the Dow was…

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As companies bring more jobs to Mexico, US wants labor rights safeguards

By Daina Beth Solomon MEXICO CITY (Reuters) – The U.S. wants Mexico’s government to build strong institutions to protect worker rights as companies aiming to avoid supply chain disruptions in far-off production spots bring more jobs to the country, a top U.S. labor official told Reuters. Mexico has begun to benefit from “nearshoring” in which…

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Odey Asset Management to move Adrian Courtenay’s fund to Green Ash Partners -letter to investors

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management is in advanced talks to move its special situations fund managed by Adrian Courtenay to Green Ash Partners, said a letter to investors dated July 3. Green Ash Partners is a boutique investment manager based in Switzerland and the UK with over $1 billion in assets under…

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Remittances to Mexico hit record, but strong peso softens impact

By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking a monthly record that analysts cautioned was softened by the recent strength of the peso versus the dollar. While Mexico records remittances in dollars, as most of the funds come…

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