US stands with Philippines against Chinese ‘intimidation’ in S. China Sea – official
By Karen Lema (Reuters) – The United States stands with treaty ally the Philippines in the face of harassment by…
May 3, 2023
Blinken says he hopes to reschedule trip to China this year
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he was hopeful he could reschedule a visit…
Carl Icahn’s Investment Firm Tumbles 18% After Hindenburg Attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…
U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable
WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations…
European police arrest more than 100 mafia suspects in drug crackdown
ROME/BRUSSELS (Reuters) -Police across Europe arrested more than 100 people on Wednesday in a massive crackdown that targeted the Italian…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported…
WWE quarterly revenue falls on delay in key event
(Reuters) -World Wrestling Entertainment Inc on Wednesday reported a drop in first-quarter revenue and operating income due to a delay…
U.S. services sector grows steadily in April -ISM survey
WASHINGTON (Reuters) – The U.S. services sector maintained a steady pace of growth in April as new orders increased amid…
Phillips 66 joins rivals to beat profit estimates as refining margins soar
By Arunima Kumar (Reuters) -U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit on Wednesday, joining rivals in…
Saudi economy edging closer to reducing dependence on oil –IMF official
By Rachna Uppal DUBAI (Reuters) – Government-led reforms and the growth of private investment in new sectors will help support…