US households have $500 billion in excess savings, San Francisco Fed says
(Reuters) – U.S. households still have some $500 billion in excess savings compared to before the COVID-19 pandemic that could…
May 8, 2023
Ex-Fox News producer dismisses Delaware lawsuit against Fox, NY lawsuit pending
By Helen Coster (Reuters) – Former Fox News producer Abby Grossberg has dismissed one lawsuit accusing the cable network, parent…
China, Pakistan urge Afghan aid be delinked from ‘political considerations’
By Ariba Shahid KARACHI, Pakistan (Reuters) – China and Pakistan on Monday urged donors to bridge gaps in humanitarian funding…
Twitter To Remove Inactive Accounts
(Reuters) -Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO Elon Musk said…
Mexican president backs U.S. dollar as globe’s ‘principal currency’
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence on Monday…
Toyota suspends sales of Yaris model in Thailand after safety test problem
By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker Toyota Motor Corp has stopped sales and deliveries of its…
Helene von Roeder to become new CFO of Germany’s Merck
(Reuters) – Germany’s Merck KGaA has appointed Helene von Roeder as the new chief financial officer and member of the…
Indians escorted back home in riot-hit northeast
By Rupam Jain NEW DELHI (Reuters) – Thousands of people who fled deadly rioting and ethnic clashes in northeast India…
Tight security as Nigeria presidential election result challenged
By Camillus Eboh ABUJA (Reuters) – Police blocked roads in the centre of Nigeria’s capital on Monday as judges started…
Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) -Qualcomm Inc said on Monday that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention…