Today: May 08, 2024
Today: May 08, 2024

Economy

Brazil to examine changes to pension benefit calculations in spending review, minister says

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) - Brazil's planning ministry is preparing to review government spending again, including changes in the calculation of pension and labor benefits

Brazil to examine changes to pension benefit calculations in spending review, minister says

Taiwan April exports up less than expected, but shipments to US hit record

TAIPEI (Reuters) - Taiwan's exports rose less than expected in April, hurt by weak demand from China although robust demand for artificial intelligence-related products had shipments to the United

Taiwan April exports up less than expected, but shipments to US hit record

Wall St opens lower as megacaps drag

(Reuters) - U.S. stock indexes opened lower on Wednesday, dragged down by megacap stocks including Tesla as Treasury yields rebounded with investors seeking more clarity on the Federal Reserve's plans

Wall St opens lower as megacaps drag

TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf

By Rod Nickel WINNIPEG, Manitoba (Reuters) - TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S.

TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf

Morning bid: Stocks buoyant as Sweden cuts, oil skids

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses

Morning bid: Stocks buoyant as Sweden cuts, oil skids

New UK sanctions target Iranian drone industry

LONDON (Reuters) - Britain on Thursday announced new sanctions targeting Iran's military drone industry, in response to Iran's drone and missile attack on Israel earlier this month.

New UK sanctions target Iranian drone industry

Russia says it may downgrade ties with US if its assets are confiscated

MOSCOW (Reuters) - Russia is considering downgrading the level of its diplomatic relations with the United States if Western governments go ahead with proposals to confiscate its frozen assets, state

Russia says it may downgrade ties with US if its assets are confiscated

Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

A former top executive at Las Vegas Strip casinos will face a judge in Los Angeles and possible federal prison time after pleading guilty to violating federal anti-money laundering rules

Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

Cruise operator Viking shares rise 9% in New York debut

By Mehnaz Yasmin and Granth Vanaik (Reuters) - Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday, giving the travel and cruising company a valuation of $11

Cruise operator Viking shares rise 9% in New York debut

Third proxy advisory firm urges Norfolk Southern investors to elect Ancora directors

(Reuters) -Proxy advisory firm Egan-Jones on Thursday recommended Norfolk Southern shareholders elect all seven of hedge fund Ancora Holdings' proposed director candidates to the railway's 13-member

Third proxy advisory firm urges Norfolk Southern investors to elect Ancora directors

AstraZeneca to withdraw COVID vaccine globally as demand dips

(Reuters) -AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a "surplus of available updated vaccines" since the pandemic.

AstraZeneca to withdraw COVID vaccine globally as demand dips

Morning Bid: Bullish momentum fades, yen intervention risks rise

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets.

Morning Bid: Bullish momentum fades, yen intervention risks rise

Stock market today: Wall Street remains in a lull as indexes drift

U.S. stocks are drifting as Wall Street remains in a lull

Stock market today: Wall Street remains in a lull as indexes drift

Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons

KUALA LUMPUR (Reuters) -Former Malaysian Prime Minister Mahathir Mohamad is among individuals being investigated in connection with a graft probe involving his sons, the head of Malaysia's Anti-

Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

By Supantha Mukherjee STOCKHOLM (Reuters) -Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move by

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

BMW says costs, low used car prices to weigh on 2024 pre-tax profit

By Andrey Sychev and Nick Carey BERLIN (Reuters) -BMW said on Wednesday it expects a slight drop in pre-tax profit this year due to higher research and development, manufacturing and personnel costs,

BMW says costs, low used car prices to weigh on 2024 pre-tax profit

Column-Japan's helping hand with BoE June rate cut window: Mike Dolan

By Mike Dolan LONDON (Reuters) - If worries about sterling were a factor preventing the Bank of England cutting interest rates too far ahead of the U.S.

Column-Japan's helping hand with BoE June rate cut window: Mike Dolan

India sees no 'nasty' upside to inflation, govt adviser says

NEW DELHI (Reuters) -India does not see any nasty upside to inflation at the moment, and expects its economy to expand by more than 7% in the current fiscal year, V.

India sees no 'nasty' upside to inflation, govt adviser says

China's exports likely swung back to growth in April: Reuters poll

By Joe Cash BEIJING (Reuters) - China's exports likely returned to growth in April after contracting sharply in March, but the expansion is expected to be modest as factory owners wrestle with weak

China's exports likely swung back to growth in April: Reuters poll

Thai business group cuts 2024 GDP growth forecast to 2.2%-2.7%

BANGKOK (Reuters) - Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow export recovery, a leading joint business group said on

Thai business group cuts 2024 GDP growth forecast to 2.2%-2.7%

BP softens tone on 2030 oil output cut to reassure investors

(Corrects to read 'deputy head of' (not 'head of'), in paragraph 12) By Ron Bousso LONDON (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure

BP softens tone on 2030 oil output cut to reassure investors

Stocks and bonds wobble as global economy throws off mixed signals

By Harry Robertson LONDON (Reuters) -Investors have gone from bracing for a U.S. recession to positioning for the world's biggest economy to keep chugging along.

Stocks and bonds wobble as global economy throws off mixed signals

German industrial output falls less than expected in March

By Maria Martinez (Reuters) -German industrial production declined in March, although less than expected thanks to construction, data from the federal statistics office showed on Wednesday.

German industrial output falls less than expected in March

China Vanke to auction Shenzhen land plot with loss-making reserve price

HONG KONG (Reuters) - Cash-strapped China Vanke is selling a large Shenzhen land plot at a reserve price of 2.24 billion yuan ($310 million) via auction, the developer's latest move to raise funds to

China Vanke to auction Shenzhen land plot with loss-making reserve price

Semi-automatic gun ban nixed in Colorado’s Democratic-controlled statehouse after historic progress

Colorado’s Democratic-controlled Legislature has nixed a bill to ban the sale and transfer of semi-automatic firearms

Semi-automatic gun ban nixed in Colorado’s Democratic-controlled statehouse after historic progress
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