U.S. private payrolls beat expectations in May-ADP
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in May, suggesting that the labor market was slowing only…
June 1, 2023
Russian clothing brands plug gap left by Western rivals
By Roman Churikov MOSCOW (Reuters) – Russian designers and brands are helping the retail sector gradually recover from a turbulent…
Nvidia runaway winner in market cap addition in May
(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…
Investors relieved after US House votes to suspend debt ceiling; focus turns to Senate
By Caroline Valetkevitch (Reuters) – Investors gave a muted welcome to the U.S. House of Representatives passing a bill that…
Former Australian SAS veteran loses defamation case over reports of Afghan execution
By Byron Kaye SYDNEY (Reuters) -One of Australia’s most decorated soldiers lost a defamation lawsuit against three newspapers that accused…
SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse,…
Germany bids to rebuild Berlin’s buzz for startups
By Maria Martinez BERLIN (Reuters) – Rising rents, less venture capital and a shortage of talent are taking the shine…
G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil
By Huw Jones LONDON (Reuters) – How rules are applied to banks and the calculation of their liquidity buffers should…
Dollar General Cuts Annual Forecasts As American Shoppers Turn Cautious
(Reuters) -Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by higher…
Japan to issue new bonds aimed at supporting child care – PM Kishida
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Thursday that the government would issue special bonds…