Hong Kong’s GDP rebounds 2.7% in first quarter as outlook brightens
Hong Kong (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the…
May 2, 2023
South African factory activity contracts less in April – Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity contracted again in April but less than in February and March, helped by…
JPMorgan’s takeover of First Republic fuels M&A expectations
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -Few investors and bankers could have imagined regulators would allow the…
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
By David Lawder, Trevor Hunnicutt, Andrea Shalal and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden on Monday summoned…
Hollywood writers to strike as streaming shift upends TV business
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Thousands of film and television writers will go on strike…
Yen Sinks To 15-year Low Vs Euro, Aussie Jumps As Central Banks Diverge
By Kevin Buckland TOKYO (Reuters) – The yen continued its steep descent on Tuesday, reaching a 15-year low to the…
Hollywood studios say talks with writers have ended with no deal
LOS ANGELES (Reuters) – The group representing Hollywood studios in labor talks with film and television writers said in a…
UK factory activity shrinks in April but cost pressures ease -PMI
By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter…
Qantas picks first female CEO as Alan Joyce prepares to depart
By Praveen Menon and Roushni Nair SYDNEY (Reuters) -Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named finance chief Vanessa…
Euro zone factory downturn deepened in April – PMI
(Reuters) – Euro zone factory activity contracted further last month, albeit not by as much as initially thought, while the…