Bunge quarterly profit tops estimates on strong demand; 2023 outlook unchanged
By Karl Plume and Sourasis Bose (Reuters) -Agricultural commodities trader Bunge Ltd beat Wall Street estimates for first-quarter profit on…
May 2023
US stands with Philippines against Chinese ‘intimidation’ in S. China Sea – official
By Karen Lema (Reuters) – The United States stands with treaty ally the Philippines in the face of harassment by…
Blinken says he hopes to reschedule trip to China this year
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he was hopeful he could reschedule a visit…
Carl Icahn’s Investment Firm Tumbles 18% After Hindenburg Attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…
U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable
WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations…
European police arrest more than 100 mafia suspects in drug crackdown
ROME/BRUSSELS (Reuters) -Police across Europe arrested more than 100 people on Wednesday in a massive crackdown that targeted the Italian…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported…
WWE quarterly revenue falls on delay in key event
(Reuters) -World Wrestling Entertainment Inc on Wednesday reported a drop in first-quarter revenue and operating income due to a delay…
U.S. services sector grows steadily in April -ISM survey
WASHINGTON (Reuters) – The U.S. services sector maintained a steady pace of growth in April as new orders increased amid…
Phillips 66 joins rivals to beat profit estimates as refining margins soar
By Arunima Kumar (Reuters) -U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit on Wednesday, joining rivals in…