IMF keeps 2023 Philippines growth forecast, but cites inflation risk
MANILA (Reuters) – The International Monetary Fund (IMF) kept its economic growth forecast for the Philippines this year at 6.0%,…
May 2023
Palestinian rockets fired towards Jerusalem, Israel kills militant leader
By Nidal al-Mughrabi and Ari Rabinovitch GAZA/JERUSALEM (Reuters) – A Palestinian armed group on Friday fired rockets towards Jerusalem for…
Big Software AG investor further backs Silver Lake bid
MUNICH (Reuters) – Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that…
US set to issue $362 million loan for vehicle wiring production
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department on Friday said it intends to loan California startup CelLink…
Netflix plans to cut spending by $300 million this year – WSJ
(Reuters) – Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on…
Third Point’s Loeb no longer considering taking insurer SiriusPoint private
(Reuters) -Billionaire investor Daniel Loeb is no longer exploring a potential acquisition of SiriusPoint Ltd, according to a regulatory filing…
India’s April retail inflation eases to 18-month low on softer food price
By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below…
Spanish PM will ask Biden to listen to China, Brazil on Ukraine
(This May 11 story has been corrected to remove reference to more weight in paragraph 1) By Belén Carreño MADRID…
HSBC To Pay $75 Million In Penalties To Settle U.S. CFTC Charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S….
US consumer sentiment drops to six-month low in May
WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal…