Australian luxury wine to China will take years to rebuild – Treasury
SYDNEY (Reuters) – Chinese wine sales will not return to the same level for Australia’s Treasury Wine Estate even if…
May 16, 2023
UN refugee official: Darien Gap crossings on pace to hit record
By Elida Moreno PANAMA CITY (Reuters) -The number of U.S.-bound migrants who cross the dangerous jungle separating Panama and Colombia…
Pilots seek Indian government help to quit Go First
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -Pilots at India’s Go First face delays getting paid due to…
Biden, McCarthy To Meet As US Debt-ceiling Talks Come Down To Wire
By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit…
AstraZeneca to leave leading U.S. drug lobby group
By Maggie Fick LONDON (Reuters) – AstraZeneca has decided to leave the main U.S. drug lobby group, the Pharmaceutical Research…
Column-Yuan won’t be FX reserve currency if no one buys China’s bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – China’s yuan faces significant long-term obstacles to becoming a global reserve currency of…
Boohoo targets ‘step-change’ in U.S. fortunes with new warehouse
By James Davey LONDON (Reuters) – Struggling British online fashion retailer Boohoo said this year’s opening of a first distribution…
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG (Reuters) – Large Asian hedge funds added Chinese education companies to their portfolios in the…
Airline SAS’s rescue moves closer as court clears fundraising plan
(Reuters) -SAS’s rescue has moved a step closer after a U.S. court approved a revised plan from the Scandinavian airline…
Buying Teck’s coal unit as a standalone a ‘distant second’ for Glencore – CEO
LONDON (Reuters) – Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck…