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Dollar strengthens as Trump says Iran peace offer ‘unacceptable’

By Gregor Stuart Hunter SINGAPORE, May 11 (Reuters) - The dollar advanced against its major peers in early Asia trade on Monday, supported by strong U.S. jobs data released late last week and as the U.S.-Iran ceasefire hung by a ...
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Apollo in talks to sell $3 billion private credit fund, WSJ reports

May 10 (Reuters) - Apollo Global Management has held talks to sell MidCap Financial Investment, its publicly listed business development company focused on private credit, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Apollo values ...
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BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says

TOKYO, May 11 (Reuters) - Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus could increase inflationary risks and compel central banks to raise interest rates, the head of the Bank for International Settlements (BIS) said ...
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China’s domestic car demand stays weak but exports strengthen

BEIJING, May 11 (Reuters) - China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers increasingly targeted overseas markets. Sales at home dropped ...
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Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds

For years, younger Americans have been more optimistic about the job market than older Americans, even through the depths of the Great Recession. But in an abrupt shift, a new poll released Monday finds young people's confidence has plummeted ...
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Abe Foxman, advocate for American Jews as longtime head of Anti-Defamation League, dies at 86

NEW YORK (AP) - Abraham H. Foxman, who was a forceful advocate for American Jews as national director of the Anti-Defamation League for nearly three decades, has died, the ADL said Sunday. He was 86. The ADL said in a ...
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Remains of US soldier who went missing during military exercises in Morocco have been recovered

CASABLANCA, Morocco (AP) - The remains of a U.S. soldier who went missing during military exercises in Morocco a week ago were recovered in the Atlantic Ocean, the army said Sunday. Military teams were still searching for a second ...
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Six people found dead in boxcar in Laredo, Texas, police say

By Noel Randewich May 10 (Reuters) - Six bodies were found on Sunday in a train boxcar in Laredo, Texas, according to police. A Union Pacific worker discovered them in a train yard at a remote location near the Mexican ...
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Families of two Americans jailed in China urge Trump to seek release

By Antoni Slodkowski BEIJING, May 11 (Reuters) - The families of two Americans imprisoned in China for more than a decade are urging President Donald Trump to seek their release during his summit with Chinese leader Xi Jinping this week. The ...
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Venezuela’s leader to defend her country’s claim over mineral-rich Guyana region before UN court

CARACAS (AP) - Venezuela 's acting President Delcy Rodríguez arrived in the Netherlands on Sunday where she will defend her country's claim to a mineral- and oil-rich region in western Guyana before the United Nations highest court in a ...
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Exclusive-Cerebras to raise IPO price range to $150-$160 as demand surges, sources say​​​​​​​​​​​​​​​​

By Echo Wang May 10 (Reuters) - Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand for the artificial intelligence chipmaker's shares continues to climb, two people familiar ...
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The Media Line: WhatsApp Co-Founder Jan Koum Gives $200 Million to Jerusalem Hospital in Record Israeli Healthcare Donation  

WhatsApp Co-Founder Jan Koum Gives $200 Million to Jerusalem Hospital in Record Israeli Healthcare Donation By The Media Line Staff WhatsApp co-founder Jan Koum has donated $200 million to Jerusalem's Shaare Zedek hospital-the largest donation ever made ...
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