By Dave Graham MEXICO CITY (Reuters) -Mexican Foreign Minister Marcelo Ebrard, one of the leading contenders to be the country’s next leader, said on Tuesday he will resign to focus on winning the presidential nomination of the ruling party for the 2024 election. Ebrard, a former mayor of Mexico City, wants to succeed President Andres…
BEIJING (Reuters) – China’s exports fell a much faster than expected 7.5% in May year-on-year, while imports contracted at a slower pace, dropping 4.5%, customs data showed on Wednesday. A Reuters poll of economists had forecast exports to have shrunk 0.4% and imports to have fallen 8.0%. Having beaten expectations in the first quarter, analysts…
By Steve Gorman and Tyler Clifford (Reuters) -A man who fatally shot two Missouri jail guards in 2000 was executed on Tuesday after the governor and the U.S. Supreme Court declined to intervene, even though several jurors in the case petitioned for a reduced sentence. Michael Tisius, 42, was convicted in 2001 of murdering Randolph…
By Akriti Sharma and Kanjyik Ghosh (Reuters) -Salesforce Inc CEO Marc Benioff has shuffled the top management, a person familiar with the matter told Reuters on Tuesday, a move that follows after the software company reported its slowest quarterly revenue growth since 2010. Miguel Milano has been appointed as the chief revenue officer, the source…
SYDNEY (Reuters) – Australia’s economy grew at the weakest pace in 1-1/2 years last quarter as high prices and rising interest rates sapped consumer spending, while emerging signs pointed to further softness ahead amid elevated borrowing costs and a slowdown in global growth. Data from the Australian Bureau of Statistics on Wednesday showed real gross…
By Ismail Shakil OTTAWA (Reuters) -Authorities in New York, Toronto and Ottawa on Tuesday warned residents about the health risks from air polluted by smoke from unprecedented early summer wildfires in eastern Canada. An unusually early and intense start to wildfire season has set Canada on track for its worst-ever year as warm and dry…
By Xie Yu HONG KONG (Reuters) – Most Asia-Pacific stocks markets strengthened on Wednesday, as expectations for stimulus from China and overnight gains on Wall Street boosted the mood. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.7% in the morning. China’s benchmark equity index rose 0.3%, while Hong Kong’s Hang Seng added 1.2%….
(Reuters) – Netflix Inc’s co-Chief Executive Officer Ted Sarandos is planning to visit South Korea, a Seoul-based Netflix official said on Wednesday. Sarandos is expected to meet Prime Minister Han Duck-soo and other key officials during his two-day visit from June 20, news agency Yonhap reported, citing key officials. The Netflix official declined to comment…
By David Shepardson WASHINGTON (Reuters) – The National Transportation Safety Board (NTSB) said investigators plan to conclude its on-scene investigative work Wednesday from the southwest Virginia crash site of the light plane that caused a security scare on Sunday when it flew over heavily restricted airspace near Washington. Four people including the pilot of the…
(Reuters) -Australia’s Estia Health on Wednesday said it intended to back Bain Capital’s sweetened takeover offer that valued the aged-care provider at A$826.8 million ($552.05 million), sending its shares about 19% higher to a near five-year peak. Under the revised proposal, Bain Capital would offer A$3.20 in cash for every Estia share, which represents a…
