Bill Clinton tells Kosovo: stop ‘foolishness’ in Serb-majority north

TIRANA (Reuters) – Former U.S. President Bill Clinton, largely credited for ending the Kosovo war more than two decades ago, on Monday told Kosovo’s government to stop its actions in the Serb majority north, where tension has flared over the past few months. Kosovo’s northern region, home to 50,000 ethnic Serbs, has recently seen its…

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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 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…

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Ukraine’s Zelenskiy, Germany’s Scholz seek to extend grain export deal

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…

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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 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…

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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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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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