By Mike Scarcella (Reuters) – Venture capital fund Fearless Fund cannot resume making grants to Black women-owned businesses, a divided U.S. appeals court ruled on Monday, siding with an anti-af[...]
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June 3, 2024
Morning Bid: Growth fears mount, ‘bad news is bad news’?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets could be in for a choppy ride on Tuesday, with investors unsure whether to interpret Monday’s steep fa[...]
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UK tech founder Mike Lynch’s lawyers seek acquittal at US fraud trial
By Jody Godoy and Abhirup Roy SAN FRANCISCO (Reuters) – Mike Lynch’s lawyers on Monday portrayed the British tech pioneer as a savvy entrepreneur while prosecutors in a San Francisco court[...]
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NYSE glitch sparks volatility in dozens of stocks
By Noel Randewich and Arasu Kannagi Basil (Reuters) -A glitch at the New York Stock Exchange (NYSE) triggered massive swings in the shares of Berkshire Hathaway and Barrick Gold, and trading halts in[...]
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World stocks up as investors eye ECB rate cut
By Koh Gui Qing and Yoruk Bahceli NEW YORK/LONDON (Reuters) -World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty abo[...]
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US investigates Nissan vehicles after air bag deployments
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Monday they have opened an investigation into nearly 75,000 Nissan vehicles – the 2015 model year Rogue Select[...]
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Oil hits four-month low as OPEC+ decision fails to allay demand worries
By Shariq Khan NEW YORK (Reuters) -Oil prices tumbled by $3 a barrel on Monday to their lowest in nearly four months, as investors worried that a complicated OPEC+ output decision could lead to higher[...]
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Maersk faces significant port congestion in Asia, Mediterranean
OSLO (Reuters) -Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monda[...]
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US dollar sinks to three-week low on signs of slowing economy
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on manufac[...]
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