Reuters

By James Mackenzie

JERUSALEM (Reuters) - U.S. President Joe Biden's announcement that he would withhold arms supplies if Israel went through with its assault of Rafah drew a defiant reaction on Wednesday alongside unease at the possible longer term fallout from the open clash with Israel's most vital ally.

The warning came after months of increasingly urgent calls for restraint by officials from the administration, which has been paying a... (continue reading...)

By Echo Wang

NEW YORK (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with the matter said.

Zeekr, which is the premium brand of Chinese automaker Geely, upsized its IPO to sell 21,000,000 million American Depositary Shares at $21 per share, the source said, requesting anonymity as... (continue reading...)

By Jamie McGeever

ORLANDO, Florida (Reuters) - Leverage in the U.S. Treasury market is picking up again, counterintuitively feeding off a "higher-for-longer" interest rate environment and building up potential trouble in the event of a price or rate shock.

After gradually but steadily scaling back exposure earlier this year, asset managers and leveraged funds are now rebuilding their respective long and short positions in Treasury futures... (continue reading...)

WASHINGTON (Reuters) - The United States is deeply troubled by actions taken against those protesting a draft law in Georgia and the government should change its course, U.S. State Department spokesperson Matthew Miller said on Thursday.

Georgian security forces have repeatedly deployed tear gas, pepper spray and water cannon against protesters who have been staging almost daily demonstrations for around a month against the government's "foreign... (continue reading...)

MEXICO CITY (Reuters) - Mexican lender Bankaool expects to debut on the U.S. stock market by early 2026, a top executive said, as parent company Grupo OMNi looks to raise money to fund the lender's growth.

Bankaool, a small lender which currently holds some 0.1% of the country's financial assets, has focused on its business-to-business segment but is now betting on rapid growth from consumer borrowers through a mobile application.

Moises... (continue reading...)