By Suban Abdulla LONDON (Reuters) – Starting salaries advertised in Britain reached the highest level in two years in April and there were the most job vacancies since December, suggesting some recovery in the labour market, according to job search website Adzuna. Adzuna’s survey showed advertised annual salaries had increased each month since October 2022,…
By William Schomberg LONDON (Reuters) – One year after British reporter Dom Phillips was murdered in Brazil while working on a book about saving the Amazon rain forest, a group of journalists aims to complete the project, his family and former colleagues said on Thursday. “How to Save the Amazon: Ask the People Who Know”…
By Roxanne Liu and Kane Wu BEIJING/HONG KONG (Reuters) -China-focused venture capital fundraising is heading for its weakest first half year in at least eight years, data from researcher Preqin showed, as a teetering economic recovery and Sino-U.S. tensions unsettle investors and startups. Concern about the impact of a weak business environment on startups’ prospects…
BRASILIA (Reuters) – Brazil’s supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering charges. The Brazilian prosecutor’s office accused Collor, 73, of having received around 30 million reais ($6 million) in bribes from a subsidiary of state-run oil…
By Sinéad Carew (Reuters) -Shares of large and mid-sized U.S. banks sharply underperformed the broader market on Wednesday with the S&P 500 Banks Index closing down 2.0% while the benchmark S&P 500 Index fell 0.6% with worries about commercial real estate loans in focus among bank investors. Investors worried about potential losses among banks from…
By Rajesh Kumar Singh, David Shepardson and Diane Bartz (Reuters) -American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp, American CEO Robert Isom said on Wednesday. U.S. District Judge Leo Sorokin in Boston ruled on May 19 that the airlines’ “Northeast Alliance” broke antitrust law…
SYDNEY (Reuters) – Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the number of available homes nudged lower. Figures from property consultant CoreLogic released on Thursday showed national home prices surged 1.2% in May after rising…
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures to mitigate climate change, dismissing more than a dozen climate-related proposals at their annual meetings. The results supported the two largest U.S. oil producers in resisting pressure from investor groups calling for the pair to…
By Deborah Mary Sophia (Reuters) -Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending, sending its shares up 7% after hours. The upmarket department store chain’s decision to stock up on popular national brands at its…
(Reuters) – Argentina’s economy ministry is analyzing the launch of a voluntary asset conversion operation, it said in a statement on Wednesday, aiming to bring some relief to ailing government finances. In its statement following a meeting between the ministry’s finance chiefs and bank representatives, the ministry said the operation would seek to continue ordering…
