Marijuana banking bill heads to Senate Banking Committee
(Reuters) – Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares to discuss…
May 2023
Bank of England raises rates and Bailey promises to ‘stay the course’
By David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England raised its key interest rate by a quarter…
US weekly jobless claims hit 1-1/2-year high; inflation subsiding
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year…
Pakistan needs significantly more financing for successful bailout review -IMF
By Rodrigo Campos, David Lawder and Libby George (Reuters) -Pakistan needs significant additional financing for a successful completion of the…
Citgo posts $937 million first-quarter profit on strong margins
By Marianna Parraga HOUSTON (Reuters) -Refiner Citgo Petroleum Corp has reported first-quarter net profit of $937 million on firm motor…
European shares run out of steam by close as Bayer, energy stocks weigh
By Ankika Biswas and Sruthi Shankar (Reuters) -Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s…
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
By Melanie Burton MELBOURNE (Reuters) – Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in…
Analysis-North Africa backslides toward swirling debt troubles
By Marc Jones LONDON (Reuters) -Tunisia and Egypt are edging closer to major debt crises that could suck in a…
Analysis-China undeterred in campaign to pressure critics abroad despite Western backlash
By Matt Spetalnick, David Brunnstrom and Michael Martina WASHINGTON (Reuters) -China is facing a growing backlash from the United States…
Iran still smuggling weapons, narcotics to Yemen, U.S. envoy says
By Jonathan Landay and Doina Chiacu WASHINGTON (Reuters) -Iran has continued supplying weapons and drugs that fuel the Yemen war…