Bed Bath & Beyond Jumps As Retail Investors Chase Highly Shorted Stocks
Shares of Bed Bath & Beyond Inc jumped 39.0% on Monday as retail investors flocked to the highly shorted stock of the home goods maker, likely piling pressure on those with bearish bets on it.
U.S. Imposes Sanctions On Virtual Currency Mixer Tornado Cash
The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.
Delay In Issuing Post-Brexit ID Cards Puts Portugal's Border Agency Under Spotlight
Portugal's border agency SEF has faced criticism for delays in issuing post-Brexit ID cards to thousands of British nationals in the country, putting the spotlight on a structural problem that has affected various other migrant communities for years.
Chip And Carmaker CEOs Meet Ahead Of Biden Signing
The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S.
TSX Rises As Barrick Boosts Miners After Profit Beat
Canada's main stock index rose on Monday as miner Barrick Gold Corp led gains among miners after it reported a quarterly profit that beat analysts' estimates.
Nasdaq Looks To Latin America To Replace Some Lost Chinese IPOs
Latin American companies could replace at least some of the Chinese companies' initial public offerings (IPOs) that have disappeared from western markets this year, a senior Nasdaq executive said.
ECB, IMF Call On Climate Standard Setters To Align Company Disclosures
A global standard setter for company climate disclosures should align with European and U.S.
U.S. Slams China's 'Unacceptable' Disruption In Countering Fentanyl
China's move to suspend cooperation with the United States to combat narcotics trafficking, including illicit fentanyl, is "unacceptable," the White House said on Monday, as Beijing continued to protest a visit to Taiwan by U.S.
Wall St Set For Higher Open After Selloff On Jobs Data
U.S. stock indexes were set to open higher on Monday after last week's blockbuster jobs data soothed some fears about an economic slowdown, but investors remained cautious as it also added to expectations of a hawkish Federal Reserve.
Turkey Offers 'A Warehouse And Bridge' For Metals Trade To Russia
Western sanctions have given the Turkish metals sector a chance to serve as "warehouse and bridge", the head of an industry group said, citing increased interest from Russian companies and also from EU companies seeking to sell to Russia via Turkey.
Exclusive-Stellantis Mexico Unit Okays Independent Union; U.S. Trade Probe To End
A Mexican unit of carmaker Stellantis expects to resolve a complaint from Washington in several days, it said after it agreed to recognize an independent union, a move workers attributed to U.S.
Barrick Gold Quarterly Profit Beats Expectations After Copper Boost
Barrick Gold Corp reported a nearly 19% rise in second-quarter profit on Monday, beating analysts' expectations thanks to higher copper output, even as inflation drove the miner's cost of production up.
Ryanair To Appeal Against Hungary's 'Baseless' Consumer Protection Fine
Budget airline Ryanair said it would appeal to the courts after Hungary fined it for passing on the cost of a special business tax, worth 800 billion forints ($2.1 billion) in total, following a consumer protection investigation.
Palantir Forecast Cut, Surprise Loss Send Shares Down 15%
Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise loss on Monday, sending its shares down 15% in trading before the bell.
Companies In China Distance Themselves From Taiwan Amid Pelosi Backlash
From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week's visit to the island by a high-profile U.S.
Exclusive-Russian Weapons In Ukraine Powered By Hundreds Of Western Parts - RUSI
More than 450 foreign-made components have been found in Russian weapons recovered in Ukraine, evidence that Moscow acquired critical technology from companies in the United States, Europe and Asia in the years before the invasion, according to a new report by Royal United Services Institute defence think tank.
Ukraine Calls For Demilitarised Zone Around Nuclear Plant Hit By Shelling
International alarm over weekend artillery attacks on Ukraine's Zaporizhzhia nuclear complex grew on Monday with Kyiv warning of the risk of a Chornobyl-style catastrophe and appealing for the area to be made a demilitarised zone.
Dollar Edges Lower As Currency Markets Pull Back On Friday's Moves
The dollar fell on Monday, losing some of the gains it had made from Friday's U.S.
U.S. House Lawmakers Look To Jump-start Self-driving Legislative Push
Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.
SoftBank Posts Record $23 Billion Net Loss On Vision Fund Pain
SoftBank Group Corp unveiled a $23 billion quarterly net loss on Monday, its biggest ever, as a market sell-off upended tech stocks and shredded valuations at its sprawling Vision Fund unit.
Exclusive-Malaysia's Hong Leong Bank Chairman Weighs Options For Stake In Bank - Sources
Malaysia's second-richest man Quek Leng Chan is weighing options for his stake in Hong Leong Bank Bhd, including a merger, two sources with knowledge of the matter said, in a move that could trigger wider consolidation in the sector.Quek, 80, is also exploring the possibility of reducing his stake in the Malaysian lender, said the sources who declined to be named due to the confidential nature of the matter.
Ahmaud Arbery Killers Could Face Life In Prison For Federal Hate-crimes Charges
Ahmaud Arbery's family will ask a judge to hand down life terms for the three white men convicted of chasing down and murdering the young Black man as he jogged in a suburban Georgia community.
Exclusive-Bolsonaro Election Concerns Stall U.S. Javelin Missiles Sale To Brazil-sources
A Brazilian military request to buy Javelin anti-tank missiles worth as much as $100 million has been stalled in Washington for months due to U.S.
Wait And See: U.S. Companies Curb Investment As They Await Fed Moves
Business investment appears to be an early victim of red-hot U.S. inflation and rising interest rates.
Analysis: Democrats Score Big Wins On Climate, Drugs With $430 Billion U.S. Senate Bill
Democrats scored a major policy victory when the U.S.
Ukraine's Nuclear Chief Calls For Military-free Zone At Zaporizhzhia Plant
The head of Ukraine's state nuclear power company Energoatom called on Monday for the Zaporizhzhia nuclear power plant to be made a military-free zone, warning of the risk of a Chernobyl-style nuclear disaster after the site was hit by shelling.
Israel Re-opens Gaza Crossings As Truce With Palestinians Holds
Israel reopened border crossings into Gaza on Monday following an Egyptian-brokered ceasefire with the militant Islamic Jihad group that ended the most serious outbreak of fighting around the volatile Palestinian enclave in more than a year.
Indian Oil Corp Unit To Open 50 Fuel Stations In Sri Lanka To Help Alleviate Crisis
Sri Lanka has given approval for India's Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts to reduce severe shortages that have crippled the island nation.
HSBC Names Patrick Boumalham New Global Head Of Wealth Sales
HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a company spokesperson.
Chad And Rebels Sign Peace Deal In Qatar Ahead Of National Dialogue
Chad's transitional authorities and rebel groups signed a peace agreement in Doha on Monday ahead of a broad national reconciliation dialogue to take place later this month.