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SEC may scrap Biden-era crypto asset custody proposal, acting chief says

(Reuters) -Wall Street’s top regulator is considering changing or scrapping regulations proposed under the prior administration that would require investment advisors keeping custody of cryptocurrencies and other assets to meet stricter standards, the agency’s interim chief said on Monday. Mark Uyeda, acting chair of the U.S. Securities and Exchange Commission, also said the agency was …

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Crowds demand justice for 59 killed in North Macedonia nightclub fire

By Fatos Bytyci KOCANI, North Macedonia (Reuters) -Sporadic violence broke out in North Macedonia on Monday as thousands of people demanded justice for 59 people killed in a nightclub blaze and called for an end to the corruption that they say was behind the country’s worst disaster in years. The fire broke out during a …

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Drake’s label says lawsuit over Lamar’s ‘Not Like Us’ should be dismissed

By Jonathan Stempel NEW YORK (Reuters) – Drake’s longtime label Universal Music Group on Monday sought a dismissal of his defamation lawsuit over its promotion of Kendrick Lamar’s Grammy-winning single “Not Like Us,” the biggest hit of a barrage of diss tracks between the two rappers. In a filing in Manhattan federal court, UMG said …

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European shares end higher on hopes of German reforms, Ukraine ceasefire

By Nikhil Sharma and Purvi Agarwal (Reuters) -European shares closed higher for a second day on Monday, supported by energy and healthcare stocks, with the focus on Germany’s debt reform plans and the Russia-Ukraine conflict. The pan-European STOXX 600 ended 0.8% higher, kicking off the week on a positive note. It extended gains from Friday, …

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US retail sales rise slightly as economic uncertainty mounts

By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy against the backdrop of tariffs and mass firings of federal government workers. Nonetheless, the report from the Commerce Department on Monday suggested that the economy continued to grow in …

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Top Senate Democrat Schumer postpones book tour for security reasons

By Gabriella Borter WASHINGTON (Reuters) -Top Senate Democrat Chuck Schumer, who has faced backlash from his party since saying he would not block a Republican spending bill,  postponed public events planned for this week for security reasons, according to several venues where he had been scheduled to appear. Schumer sparked anger over last week’s decision not to …

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Colombia to decide which NATO fighter jets to buy within months, minister says

By Luis Jaime Acosta BOGOTA (Reuters) – Colombia will decide within months from which NATO country it will purchase fighter jets, new Defense Minister Pedro Sanchez said, acknowledging that illegal armed groups have taken advantage of peace efforts to strengthen themselves militarily. Colombia has been looking to replace its fleet of more than 30-year-old Israeli …

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Iran opposition leader Karroubi to be freed from house arrest, his son says

DUBAI (Reuters) -Iranian opposition leader Mehdi Karroubi will be released from house arrest on Monday, state media reported, 14 years after he was detained for calling for a rally in support of protests that swept the Arab world in 2011. “My father was told by security agents that his house arrest will end today,” his …

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India’s Modi says Trump has ‘clear roadmap’ in second term

NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said U.S. President Donald Trump was ‘far more prepared’ for his second term, furnished with a clear roadmap, speaking in a podcast interview weeks ahead of reciprocal tariffs planned by Washington. India is among the trading partners set to face the tariffs from April, which threaten to …

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