China’s April data show economic recovery losing steam, testing policymakers
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s April industrial output and retail sales growth undershot forecasts, suggesting the…
May 2023
UK jobless rate rises, potentially easing BoE inflation worries
By William Schomberg and Sachin Ravikumar LONDON (Reuters) -Britain’s unemployment rate rose and there were other signs of less inflationary…
Teen gunman kills 3, wounds 6 in New Mexico before police shoot him dead
By Andrew Hay and Steve Gorman (Reuters) -An 18-year-old gunman stalked through a New Mexico neighborhood on Monday firing randomly…
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed…
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source
(Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to…
Nelson Peltz adds to Disney stake following share sale – Bloomberg News
(Reuters) -Nelson Peltz, the activist investor who launched and then gave up a proxy fight earlier this year at Walt…
Musk Tells Tesla Staff He Must Approve All Hiring- Memo
(Reuters) – Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally…
Morgan Stanley Weighs Cutting 7% Of Asia Investment Bank Jobs – Bloomberg News
(Reuters) – Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest…
Focus shifts to retailers as U.S. quarterly results hit final leg
By Caroline Valetkevitch NEW YORK (Reuters) – First-quarter U.S. company results are winding down, but investors will get one last…
Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday’s a busy day for European…