By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an economy struggling for a post-COVID lift-off amid subdued global demand and persistent property weakness. The official manufacturing purchasing managers’ index (PMI) declined to 49.2 from 51.9 in…
(Reuters) – Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website showed on Sunday. Other Tesla Inc models, such as Model 3 and Model Y were available in these countries, according to the website. It was not immediately clear…
(Reuters) – Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website showed on Sunday. Other Tesla Inc models, such as Model 3 and Model Y were available in these countries, according to the website. It was not immediately clear…
BEIJING (Reuters) – China’s non-manufacturing activity expanded at a slower pace in April, official data showed on Sunday, a discouraging sign for policymakers counting on services consumption to offset frailty in the factory sector amid slack global demand. The official non-manufacturing purchasing managers’ index (PMI) stood at 56.4 versus 58.2 in March, according to data…
MOSCOW (Reuters) -Russia on Saturday promised it would respond harshly to what it said was Poland’s illegal seizure of its embassy school in Warsaw, an act it called a flagrant violation of the Vienna Convention on diplomatic relations. Polish state-run news channel TVP Info had earlier reported that police had showed up outside the Russian…
By Tom Hals WILMINGTON, Delaware (Reuters) – Now that the year-long war of words between Florida Governor Ron DeSantis and the Walt Disney Co has landed in the courts, the Republican leader might find his verbal barbs directed at the entertainment giant coming back to bite, legal experts said. Disney on Wednesday sued DeSantis to…
(Reuters) -A Ukrainian drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, sending a vast column of black smoke into the sky in the latest attack on the Russia-occupied peninsula. The city’s Moscow-installed governor blamed Ukraine and later said the fire had been put out before…
DUBAI (Reuters) – The United States is an unreliable friend, and Iraq should not allow any U.S. troops on its territory, Iran’s Supreme leader Ayatollah Ali Khamenei told visiting Iraqi President Abdul Latif Rashid on Saturday. Iran, which has strong ties with Iraq, opposes the U.S. military presence on its borders in Iraq and the…
By Chris Prentice, Saeed Azhar, Lananh Nguyen and Paritosh Bansal (Reuters) -U.S. regulators are trying to clinch a sale of First Republic Bank over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely to be the third major U.S. bank to fail in two months. Citizens Financial…
By El Tayeb Siddig and Nafisa Eltahir KHARTOUM (Reuters) -Air strikes and artillery rocked Khartoum on Saturday as Sudan entered a third week of fighting between rival military forces despite a ceasefire, prompting more civilians to flee and renewed warnings of wider instability if the war is not stopped. By Saturday evening, heavy clashes could…
