Markets

JPMorgan Chase & Co and Barclays Plc will pay US$20.7 million to resolve investors' claims they conspired to rig the Mexican government bond market, the first of nine banks in the proposed class-action litigation to settle.

Pfizer Inc said on Tuesday it will invest up to US$500 million into publicly traded drug developers to fund their treatment candidates and provide access to the U.S. drugmaker's scientific expertise.

Oil prices rose on Tuesday to near three-month highs on expectations that major producers will agree to extend output cuts during a video conference likely to be held this week.

REUTERS: ZoomInfo Technologies Inc lifted the price range for its U.S. initial public offering on Tuesday, looking to raise up to US$890 million, as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold. The Carlyle-backed business intelligence platform said it ...

Russia's top search engine Yandex is considering possible restructuring of its participation in joint projects, the company said on Tuesday.

EU industrial chief Thierry Breton on Tuesday signalled a tougher line with U.S. tech giants as he launched consultations on the bloc's proposed new rules for the sector.

JERUSALEM: Israeli venture investing platform OurCrowd said on Tuesday it plans to raise US$100 million for investment in technology in medical, education and other segments to find solutions for COVID-19 and future pandemics. Its pandemic innovation fund (PIF) will focus on investing in areas ...

Crypto intelligence company CipherTrace, which started tracking cryptocurrency crime a few years ago, said it has started to see coronavirus-related frauds that require some form of digital currency payment.

REUTERS: U.S. stock index futures hit a three-month high on Tuesday as hopes of a rebound from a coronavirus-led economic slump prevailed over fears of disruption from widespread protests over race in the country. Some of the worst-hit stocks in the travel sector, including American Airlines Group ...

In November 2015, the shooting death of Jamar Clark by Minneapolis police touched off a debate on race and economic inequality that challenged the city's progressive image and led local corporate leaders to back efforts at better sharing the spoils of a booming Midwestern state.