Stories from Reuters
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Global insurance recovery will be faster
Global insurance recovery will be faster
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Wall Street surges to all-time closing high
Upbeat earnings, signs of economic revival fuel investor risk appetite
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US Treasury Secretary Yellen warns Congress on debt limit
Says if Congress does not act by Aug 2 Treasury Department will need to take extraordinary measures
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EV startup Rivian announces $2.5b funding round
Automakers race to develop electric cars as EU, China mandate lower carbon emissions
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Global supply chains buckle
Virus, disasters and cyber-attack drive global supply chains towards breaking point
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Nasdaq partners with major banks
Platform will manage private company stock transactions such as tender offers, auctions and investor block trades
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Banks expect loan demand to surge
Credit standards held steady in the second quarter after significant tightening last year
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Bitcoin slips below $30,000
Regulators continue calls for tighter checks on cryptocurrencies
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Oil resumes drop as supply concerns weigh
Rising infections can weaken demand while OPEC+ is increasing supply
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Virus recovery to push emissions to all-time high
IEA says spending plans fall short of what is needed to reach global climate goals