Bitcoin extends losses, down 10 percent on day
LONDON (Reuters) – Bitcoin <BTC=BTSP>, the world’s best-known cryptocurrency, extended losses on Monday to slumped 10 percent on the day on back of concerns about a widening regulatory crackdown.
Wall Street opens lower as rising bond yields weigh
(Reuters) – U.S. stocks opened sharply lower on Monday as rising bond yields continued to fuel the selloff in equities and hints of inflation pickup triggered concerns that the Federal Reserve might have to raise interest rates more quickly.
Jetmakers battle over niche where Boeing plans new jet
SINGAPORE (Reuters) – Boeing played up the prospects for a potential new mid-market jet on the eve of the Singapore Airshow on Monday – but the war for sales has already begun in this area of the market worth hundreds of billions of dollars over the ne…
Belgian business rallies to Brussels Airlines in face of Lufthansa shift
BRUSSELS (Reuters) – Nearly 100 Belgian companies called on Monday for Germany’s Lufthansa to keep Brussels Airlines based in Belgium and not to merge it with Eurowings, to protect jobs and business links.
Broadcom sweetens Qualcomm bid, calling it the final offer
(Reuters) – Chipmaker Broadcom Ltd on Monday sweetened its bid to buy Qualcomm Inc for more than $121 billion, ratcheting up pressure on its rival to come to the table for negotiations in its “best and final offer”.
Dow futures drop over 300 points as bond yields continue to rise
(Reuters) – U.S. stock index futures extended their losses on Monday, with the Dow futures falling over 300 points, as bond yields continued to rise.
Apple, Cisco team up with insurance companies to offer cyber policy discounts
(Reuters) – Apple Inc and Cisco Systems Inc have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on Monday.
Jury to hear opening statements in Waymo-Uber trial over autonomous car secrets
SAN FRANCISCO (Reuters) – A jury in a trade-secrets lawsuit will get its first earful Monday as opening statements begin in a bitter legal battle between Waymo and Uber Technologies Inc that has captivated Silicon Valley and could help determine who em…
Amazon settles tax row with France, value undisclosed
PARIS (Reuters) – Amazon said on Monday it had settled a long-running dispute with French tax authorities, who have been seeking nearly 200 million euros ($249 million) from the online retail giant.
Bitcoin falls to fresh 2-1/2 month low
LONDON (Reuters) – Bitcoin, the world’s best-known cryptocurrency, fell 7 percent on Monday to a fresh 2-1/2-month low of $7,599 on back of growing worries about a regulatory clampdown and bans on the purchase of the digital coins.
