Stories from Reuters
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Oil steady on jobs data
Jobs report counters bearish signals from Fed chair
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Bitcoin mining booms in Texas
Bankruptcies, worries over power consumption fail to dent industry’s growth
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Toshiba accepts $15.2b buyout proposal
Deal will see scandal-ridden company taken in domestic hands
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Adani to expand aviation business
Plans to bid for more govt-run airports
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Bitcoin passes the bank stress test
Bitcoin has risen 21% this month, while a choppy S&P 500 has lost 1.4% and gold has gained 8%
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Israel, Palestinians pledge moves to curb violence ahead of Ramadan
Senior Israeli official said parties had renewed their commitments to the understandings reached in Aqaba
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Japan, Germany agree to monitor markets
Agreement comes after jitters stemmed from Western banks
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Moody’s downgrades First Republic Bank
Expects Fed to continue tightening monetary policy
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Volkswagen hopes to become global battery supplier
Invests in mines to bring down cost of battery cells, sell to third party
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‘Banking system sound after decisive actions’
Yellen made no reference to Credit Suisse situation, which saw its shares plunge