Dollar stumbles as signs point to Fed skipping June rate hike
By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on…
June 1, 2023
US imposes sanctions on companies tied to Sudan forces as fighting rages
KHARTOUM/WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on companies it accused of fuelling the conflict in Sudan, stepping…
Dell’s First-quarter Results Fall Less Than Feared On Cost Cuts
(Reuters) – Better cost controls at Dell Technologies Inc helped the laptop maker beat estimates for first-quarter profit and revenue…
US lawmakers say Brazil low-carbon fuel program blocks US companies
By Marcelo Teixeira NEW YORK (Reuters) – A group of U.S. congressmen have formally complained about what they call unfair…
IMF deputy urges Sri Lanka to keep up momentum on economic reforms
WASHINGTON (Reuters) – Sri Lanka is showing a “strong commitment” to implementing economic reforms but must continue this momentum amid…
Microsoft inks computing infra deal with CoreWeave – CNBC
(Reuters) – Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported…
Brazil lifts 2023 growth outlook thanks to booming farm sector
By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy rebounded more than expected in the first quarter, powered by a booming…
Tennis: Sabalenka, Djokovic hoping to steer clear of controversy
By Aadi Nair (Reuters) – With Aryna Sabalenka and Novak Djokovic in action on Friday, day six of the French…
Bank of America CEO sees investment banking and trading staying flat in Q2
NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this…
BRICS ministers put on show of strength as Putin arrest warrant looms large
By Wendell Roelf CAPE TOWN (Reuters) -BRICS foreign ministers on Thursday asserted their bloc’s ambition to rival Western powers but…