U.S. prosecutor query, quarterly loss hit already reeling shares of Icahn’s company
(Reuters) -Billionaire Carl Icahn’s holding company said on Wednesday it was contacted by U.S. prosecutors, and it posted a surprise…
May 2023
Europe needs to steer its own trade agenda, German economy minister says
BERLIN (Reuters) – With China and the U.S. fixated on each other, Europe is at risk of being paralysed in…
French central bank sees Q2 growth vs. Q1
PARIS (Reuters) – The French economy is set to grow slightly in the second quarter when compared to the previous…
US airlines thrown a curveball as consumer habits change post-pandemic
By Rajesh Kumar Singh CHICAGO (Reuters) – Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to…
Tribes split over Biden plan to ban drilling near New Mexico cultural site
By Nichola Groom (Reuters) – The Navajo Nation has withdrawn support for a Biden administration plan to stop new oil…
ECB’s Centeno says interest rates near peak, could ease in 2024
By Sergio Goncalves LISBON (Reuters) -The European Central Bank’s key interest rate is approaching its peak but further adjustments are…
Russia’s Jan-April budget deficit hits $44 billion as energy revenues plunge
(Reuters) – Russia’s federal budget recorded a 3.4 trillion rouble ($43.8 billion) deficit in the first four months of the…
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI (Reuters) -The political crisis engulfing Pakistan is eroding hopes that…
US senators look to overhaul security clearances after damaging documents leak
By Patricia Zengerle WASHINGTON (Reuters) – Democratic and Republican U.S. senators introduced legislation on Wednesday to overhaul the vast security…
Oil Drops 2% After US Data Points To Continuing Rate Hikes
By Shariq Khan BENGALURU (Reuters) -Oil prices fell about 2% in a volatile trade on Wednesday, on track to end…