Australia central bank frets over upside risks to inflation as it warns on rates
SYDNEY, May 5 (Reuters) – Australia’s central bank on Friday warned that risks to inflation were on the upside given…
May 4, 2023
China’s Services Activity Expands As Consumers Return – Caixin PMI
BEIJING (Reuters) – China’s service activity grew for a fourth straight month in April, a private-sector survey showed on Friday,…
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by…
Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term income from its lucrative commodities…
White House’s Sullivan to travel to Saudi this weekend
By Steve Holland WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Thursday he will travel to Saudi…
Oil Heads For Third Straight Weekly Loss As Economic Worries Persist
By Arathy Somasekhar (Reuters) – Oil prices held steady in early trading on Friday, but were set for a third…
Chinese businessman Guo Wengui appeals bail denial in fraud case
NEW YORK (Reuters) – An exiled Chinese businessman charged by U.S. prosecutors with leading a more than $1 billion fraud…
Drones attack Ukrainian capital, Moscow says US behind Kremlin drone
By Pavel Polityuk KYIV (Reuters) -Russian drones attacked the Ukrainian capital Kyiv on Thursday evening, the fourth assault in as…
How a US debt crisis standoff could cause a recession – a bad one
By Ann Saphir and Dan Burns WASHINGTON – A fight between Republicans and Democrats over the debt limit ceiling could…
Blinken says Armenia and Azerbaijan make ‘tangible progress’ in peace talks
WASHINGTON (Reuters) -Azerbaijan and Armenia have made “tangible progress” towards a peace agreement in negotiations this week in Washington, U.S….