High inflation helps to swell UK budget deficit in April
By Andy Bruce LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest…
May 2023
Bank of Israel hikes key rate as weak shekel keeps inflation high
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) – The Bank of Israel hiked benchmark interest rates to their highest…
Inflation tightens grip on UK services firms in worry for BoE -flash PMI
By William Schomberg LONDON (Reuters) – Companies in Britain’s services sector increased prices at a rapid pace in May as…
Judge Throws Out Shareholder Lawsuit Against Elon Musk Over Twitter Buyout
By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter…
Ukraine says fighting decreases in Bakhmut, shelling continues around it
KYIV (Reuters) -Ukraine said on Tuesday fighting had decreased in Bakhmut but shelling continued in the area around it, with…
Virgin Australia aims for November A$1 billion listing – source
SYDNEY (Reuters) – Bain Capital’s Virgin Australia airline is aiming for a A$1 billion listing on the Australian Securities Exchange…
Biden, McCarthy meeting ends with no deal on debt ceiling
By David Morgan and Nandita Bose WASHINGTON (Reuters) -President Joe Biden and House Speaker Kevin McCarthy could not reach an…
Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector…
Republican U.S. Senator Tim Scott launches presidential bid with optimistic message
By Gram Slattery WASHINGTON (Reuters) – Tim Scott, the only Black Republican in the U.S. Senate, formally kicked off his…
Driver detained as truck crashes near White House; Nazi flag found
By Nathan Howard WASHINGTON (Reuters) – The U.S. Secret Service said it had detained the driver of a rented box…