Markets

A U.S. court ordered the shutdown of the Dakota Access oil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline's route across a crucial water supply for years.

Shares of Tesla surged 10per cent to a record high on Monday, extending their rally to nearly 40per cent in five sessions after analysts raised their price targets on the electric car maker following its strong quarterly deliveries.

A U.S. court ordered the shutdown of the Dakota Access oil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline's route across a crucial water supply for years.

Wall Street's major indexes climbed on Monday as data showing unexpected growth in the U.S. services sector last month and optimism over China's economic revival helped investors look past a surge in new cases of COVID-19 at home.

GAM Investments' head of sales and distribution, Tim Rainsford, is leaving the Swiss asset management group amid a management revamp, GAM said on Monday.

Lorugum village in northwest Kenya is under siege. Hundreds of thousands of young desert locusts perch on trees, shrubs, and in the grass.

The U.S. Chamber of Commerce and over 40 trade associations on Monday urged top U.S. and Chinese officials to redouble efforts to implement a Phase 1 trade agreement signed by the world's two largest economies in January despite pandemic-related strains.

NEW BRUNSWICK, New Jersey: Johnson & Johnson said on Monday (Jul 6) it was slashing the price of its version of tuberculosis drug bedaquiline to US$340 from US$400, for a six-month treatment, in low- and middle-income countries, to scale up its use during the COVID-19 pandemic. J&J's bedaquiline ......

Uber Technologies Inc on Monday said it would acquire Postmates Inc for US$2.65 billion to expand its food delivery market share and significantly increase the business of supplying everyday goods at a time when the coronavirus has pummeled its core ride-hailing service.

Wall Street's main indexes were set to open higher on Monday, with the Nasdaq eyeing another record level, as bets on China leading the revival from a coronavirus-driven downturn helped investors look past a surge in new cases of COVID-19 at home.