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MultiStrat adds Tompkins as executive director of capital markets
By David BullJune 2 - (The Insurer) - MultiStrat has hired former Securis Investment Partners and Towers Watson Investment Services (TWIS) executive Weston Tompkins to lead its MultiStrat Advisors unit.In his new role as executive director for capital markets, Tompkins will oversee and manage the Be...Reuters
Mon, Jun 2
Cryptocurrencies
Michael Saylor's Strategy's buys 705 Bitcoins, portfolio now holds 580,955 BTC
Strategy has kept its Bitcoin purchase streak intact with the purchase of 705 BTC for approximately $75.1 million. The company presently holds 580,955 Bitcoins worth a total of $40.68 billion at an average cost basis of $70,023 per Bitcoin. Strategy buys 705 BTC for $75.1 million Strategy bought its latest Bitcoin on June 2, 2025. […]Cryptopolitan
Mon, Jun 2
Commodities
Reclaim Finance calls on Tiernan to ban underwriting fossil fuel expansion
By Rebecca DelaneyJune 2 - (The Insurer) - Environmental campaign group Reclaim Finance has urged Patrick Tiernan to show bold climate leadership in his new role as Lloyd's CEO.In an open letter published on Monday, the group called on Tiernan to use his "unique position" in the specialt...Reuters
Mon, Jun 2
Other
JPMorgan CEO Jamie Dimon tells Fox Business US debt could cause bond turmoil
By Suzanne McGee and Nupur AnandNEW YORK, June 2 (Reuters) - JPMorgan Chase JPM.N CEO Jamie Dimon said on Monday that the rising U.S. national debt is a "big deal" that could create a "tough time" for the bond market that causes spreads to widen, he told Fox Business’ "Mornings w...Reuters
Mon, Jun 2
Commodities
Howden hires parametric experts Steiner and Anand from agriculture firm Syngenta
By Henry GaleJune 2 - (The Insurer) - Peter Steiner and Kanika Anand from agriculture firm Syngenta's weather and credit risk management team have joined Howden, they said in LinkedIn posts on Monday.Steiner's job title at Howden will be executive director for agriculture and nature parametr...Reuters
Mon, Jun 2
Commodities
Kazakhstan's daily oil output fell 4% in May on lower Tengiz production, source says
MOSCOW, June 2 (Reuters) - Kazakhstan's oil production fell 4% in May from April due to lower production from the Tengiz oilfield, but remained above the OPEC+ quota, according to an industry source familiar with the statistics, and Reuters calculations.Kazakhstan, a top-10 oil producer, has per...Reuters
Mon, Jun 2
Stocks
Vera shares skyrocket as kidney disease drug succeeds in late-stage trial
June 2 (Reuters) - Shares of Vera Therapeutics VERA.O soared 82% on Monday, after the company said its experimental drug helped significantly reduce excess levels of harmful proteins in the urine of kidney disease patients in a late-stage study. The drug developer's shares surged to $34.24 in pr...Reuters
Mon, Jun 2
Forex
Mexican Peso cheers on weaker US Dollar following new tariff threats
The Mexican Peso (MXN) is trading firmer against the US Dollar (USD) on Monday, as traders digest the impact of a surprise tariff escalation by the United States. The USD/MXN pair is struggling to maintain any recovery momentum, with risk sentiment dented and the Greenback broadly offered.
Fxstreet
Mon, Jun 2
Stocks
Kymera rises after positive early-stage results for experimental drug
** Shares of drug developer Kymera Therapeutics KYMR.O rise 39.16% to $41.25 premarket** Company says its experimental oral drug showed robust STAT6 degradation in blood and skin in early-stage trial** The drug, KT-621, targets STAT6 — a signaling protein that plays a key role in immune response ...Reuters
Mon, Jun 2
Other
Guardant Health Announced the results of the Serena-6 Phase III Trial
June 2 (Reuters) - Guardant Health Inc GH.O:SERENA-6 PHASE III TRIAL DEMONSTRATES CLINICAL VALUE OF GUARDANT360 CDX TEST TO DETECT EMERGENCE OF ENDOCRINE RESISTANCE AND INFORM A SWITCH IN THERAPY BEFORE RADIOLOGICAL DISEASE PROGRESSION IN ADVANCED BREAST CANCERReuters
Mon, Jun 2
Cryptocurrencies
Bitcoin ETFs outperform gold ETFs, a first in 2025
US Bitcoin ETFs pulled in a massive $5.23 billion in May alone, while gold-backed ETFs hemorrhaged $1.58 billion in outflows. Institutional money seems to be shifting gears, spreading a loud message that Bitcoin is emerging as the hedge of choice. Bitcoin’s surge to an all-time high of $111,980 earlier this month was fueled not just […]Cryptopolitan
Mon, Jun 2
Commodities
Global Parametrics and One Acre Fund scale up agriculture cover in Nigeria
By Henry GaleMay 30 - (The Insurer) - A parametric program for smallholder farmers in Nigeria has nearly doubled in geographical scale and coverage limit to protect nearly $8 million in production credits, Global Parametrics said.The coverage against drought and excess moisture is provided in partne...Reuters
Mon, Jun 2
Stocks
Kirkland's Inc expected to post a loss of 47 cents a share - Earnings Preview
Kirkland's Inc KIRK.OQ KIRK.O is expected to show a fall in quarterly revenue when it reports results on June 4 (estimated) for the period ending April 30 2025The Brentwood Tennessee-based company is expected to report a 6.7% decrease in revenue to $85.6 million from $91.75 million a year ago,...Reuters
Mon, Jun 2
Commodities
Aluminium premium for US buyers soars after Trump doubles tariffs
US Midwest aluminium premium up 164% since start of 2025The U.S. is a net importer of aluminiumNew tariff to take effect on WednesdayBy Polina Devitt LONDON, June 2 (Reuters) - Premiums for consumers buying aluminium on the physical market in the United States soared on Monday after U.S. Presiden...Reuters
Mon, Jun 2
