Curb use of dollar Libor alternatives to Fed rate, says watchdog
By Huw Jones LONDON (Reuters) – The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need…
Economy
Tesla extends blistering rally after quarterly deliveries beat
By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon…
Wall St ends slightly higher in shortened session, Tesla jumps
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains…
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…
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….
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…
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…
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…
Oil settles lower as economic jitters outweigh supply cuts
By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible…
Dollar little changed after ISM data, yen below 145 threshold
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of…