US debt limit default could hit in early June to early August -think tank
By David Lawder WASHINGTON (Reuters) -The U.S. government will begin defaulting on its payment obligations between early June and early…
May 9, 2023
Michael Cohen calls Trump’s $500 million suit against him “pure retaliation”
By Karen Freifeld and Jonathan Stempel (Reuters) – Donald Trump’s onetime lawyer and fixer Michael Cohen asked a court to…
Explainer-Why the EU is restricting grain imports from Ukraine
(Repeats for additional subscribers) LONDON (Reuters) – The European Commission has announced restrictions on the imports of Ukrainian wheat, maize,…
Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
By Nick Carey LONDON (Reuters) – Ford Motor Co said on Tuesday it will test a small fleet of prototype…
China’s shrinking imports, slower exports growth darken economic outlook
By Joe Cash BEIJING (Reuters) – China’s imports contracted sharply in April, while exports rose at a slower pace, reinforcing…
Duke Energy misses profit estimates as warm weather weighs on power usage
(Reuters) – Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities…
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) – U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on…
Imran Khan, the cricket star who ditched playboy image to rule Pakistan
(Reuters) – Former Pakistan Prime Minister Imran Khan, a cricketing hero-turned-politician who was arrested on Tuesday, whipped up popular support…
Australia boasts rare budget surplus, before spending pressures intensify
By Wayne Cole SYDNEY (Reuters) -Australia’s Labor government boasted the first budget surplus in 15 years on Tuesday, as strong…
PacWest, Western Alliance Lead Slide In Regional Bank Stocks
(Reuters) – Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as…