Sudan conflict deals new blow to stagnant economy
By Khalid Abdelaziz, Sarah El Safty and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) – The conflict shaking Sudan has dealt a crippling…
May 4, 2023
Shell Posts $10 Billion Profit As Trading Offset Lower Energy Prices
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted first-quarter net profit of $9.65 billion, topping…
Russia to launch Friendship Games after 40-year gap – sports minister
(Reuters) – Russia plans to relaunch the multi-sport Friendship Games next year, 40 years after its first edition, Sports Minister…
IMF to discuss Pakistan’s budget plans in fresh hurdle to funding
By Ariba Shahid KARACHI (Reuters) -The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming…
Lofty prices tarnish gold’s lustre in top Asian retail hubs
By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) – On a recent evening in April, only three or…
French antitrust body tells Meta to change conditions for access to ad verification
PARIS (Reuters) -France’s antitrust watchdog on Thursday gave Facebook-owner Meta two months to change its access rules for ad verification…
Police arrest suspect in fatal mass shooting at Atlanta medical center
By Rich McKay ATLANTA (Reuters) -Police have arrested a former U.S. Coast Guardsman suspected of killing one person and wounding…
Novo Nordisk cuts some US supply of obesity drug Wegovy to cope with demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish drug developer Novo Nordisk said it would have to halve the supply of starter…
Taiwan central bank may keep raising interest rates, minutes show
TAIPEI (Reuters) – Taiwan’s central bank debated the need for further rate hikes this year to combat persistent inflation, minutes…
Analysis-Fed’s hiking pause may not signal all-clear for US stocks
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – The end of a market-punishing rate hiking cycle may be…