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By Emily Rose JERUSALEM (Reuters) -Israeli army reservist Zach Bergerson felt he had to take action when he saw fellow soldiers having to rely on their eyes and ears to detect swarms of enemy drones overhead. So the high-tech professional, 36, developed a wearable device that uses mobile phone technology to warn troops of aerial …

Wartime innovation boosts Israeli defence tech growth, drawing global interest Read More »

By Matt Tracy and Shankar Ramakrishnan (Reuters) -When President Donald Trump’s 90-day pause on U.S. tariffs ends Wednesday, once-bitten-twice-shy bond investors could take on more risk by adding high-yield bonds to portfolios, rather than panic-sell credit as seen after April 2’s ‘Liberation Day’ tariff announcement, said many fund managers and bankers. Credit market shops as …

Analysis-Investors to double down on US junk bonds on another tariff tantrum Read More »

By Sinéad Carew and Pranav Kashyap (Reuters) -Wall Street’s major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and other trading partners while Tesla shares sank after CEO Elon Musk said he was forming a new U.S. political party. Indexes added to losses after Trump …

Wall St knocked lower by tariff jitters; Musk’s political plan hits Tesla Read More »

By Marianna Parraga HOUSTON (Reuters) -Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum filed objections to the auction’s recommended outcome, court documents released on Monday showed. The challenge to the $7.4 billion offer by a group led …

Bondholders, bidders object to Gold Reserve group’s Citgo bid Read More »

(Adds headline tag to the article. No changes to text.) -TRADING DAY Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what moved markets today and …

Trading Day: Tariff headlines and moving deadlines Read More »

By Dietrich Knauth (Reuters) -Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California’s bid to delay the sale while the state appeals over privacy concerns related to the deal. U.S. Bankruptcy Judge Brian Walsh, who previously approved Wojcicki’s buyout of the …

California fails to stop 23andMe founder from re-acquiring company Read More »